Savings Programs
Stock Market
Investments
Loans and Credit
Key Terms/Ideas
100
What are some key characteristics of a Simple Savings Account (Give 2)
Liquidity and Earns Low Interest
100
What is a stock Market?
Activity of buying and selling stocks.
100
What are the four types of investments we discussed ?
Stock, Mutual Fund, Bond, Real Estate
100
What is Collateral ?
Something of Value that is offered as a guarantee of payment.
100
What is the DJIA
Measure of the Stock Market's performance.
200
What are key characteristics of a CD? (2)
A Fixed Interest Rate,Time Frame where Money is Untouched.
200
What is the largest stock exchange in the world?
New York Stock Exchange
200
Why would a citizen invest in stock?
Ownership in a Corporation, Receive Dividends and sell stock to make a profit.
200
Why would a lending institution want a customer to put up collateral?
To ensure that they are paid back the money borrowed.
200
Why would you want a credit card with a low APR?
So that you pay less money.
300
What are key characteristics of a Money Market Account? (2)
Liquidity and Higher Interest Rates
300
What is a dividend?
Money given to a stockholder from a Corporation that has made a profit.
300
Why would a citizen want to invest in mutual funds?
Diversify your stock holdings, less risk.
300
What is Credit?
A loan of money to be paid back of a period of time.
300
Why would you want to open a savings program with a high APR?
So that you make more money.
400
What are key characteristics of a Time Deposit? (2)
High Interest Rate and No Liquidity
400
What would you use to describe a stock market when most of the prices are rising.
A Bull Market
400
Why would a citizen want to invest in Bonds?
You are lending money with the promise to be paid back plus interest.
400
What is a principal?
The amount of money borrowed.
400
What is liquidity?
How quickly you can turn your savings into cash?
500
Define Annual Percentage Rate (APR)
Amount of money earned if left deposited in a savings account for one year.
500
What would you use to describe a stock market when most of the prices are falling.
A bear market
500
Why would a citizen invest in Real Estate?
You can buy land or structures and then re-sell them at a higher price for profit.
500
What is interest?
The fee charged for borrowing money.
500
What are the four types of Savings Programs we discussed?
CD, MMA, Time Deposit, and Simple Savings Account
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