Stocks
Considered the "only free lunch in investing"
What is diversification
An investment secured by a collection of mortgages
What are mortgage backed securities
What is the difference between tax treatment for dividends from stocks and income from bonds
What is qualified vs ordinary income
Word used to describe the value of the best foregone alternative.
What is Opportunity Cost
Eric earns 8% per year on his investment account. How long does it take for his account to double?
What is 9 years
the economy of a developing nation that is becoming more engaged with global markets as it grows
What is an Emerging Market
This statistic refers to the price sensitivity of a bond to a change in interest rates
What is duration
Top capital gains bracket (including surtax)
What is 23.8%
A 30 day window before AND after selling a position at a loss
What is wash sale window
Risk generated by investing in only one company
What is unsystematic risk
Term given to companies with a market capitalization—or market value—between $2 and $10 billion
What are mid caps
What is the duration (rounded to nearest year) of the CTWM Fixed Income Portfolio
What is 5 Years
Joe has realized a long term loss of $20,000. He also has a short term gain of $25,000. What gain does Joe report on his tax return and at what rate will it be taxed
What is a $5,000 short term gain and what is ordinary income.
CTWM research partner located in Boston and assists with individual security reveiw
Who is Reynders McVeigh
The United States has a credit rating from Standard & Poor's of AA+. Two companies have a higher credit rating at AAA. Name one of those two companies
Who is Microsoft and Johnson and Johnson
a statistic that measures the degree to which two securities move in relation to each other
What is Correlation
The difference in yield between two debt securities of the same maturity but different credit quality. This is referred to as...
What is credit spread
The yield on a Connecticut 5 year municipal bond is 4.24%. What is its tax equivalent yield for someone in a 28% tax bracket?
What is 5.89%
the process by which a fund manager asks the fund investors to contribute their pro rata portion of their fund commitments
What is a Capital Call
The names of the last 4 Federal Reserve Chairs (including current)
Who is Jerome Powell, Janet Yellen, Ben Bernanke, and Alan Greenspan
A unique feature of how our EM funds approaches investing in Emerging Markets
What is a revenue generation approach
What is the duration of a zero coupon bond
What is it's maturtiy
Changes to step up in basis limits were recently discussed in Congress. What is the current limit and what was the proposed change?
Current: Unlimited
Proposed: $1M
The longest period of negative real returns for the S&P500 started in year
What is 1929
when a call option is sold by itself (uncovered) without any offsetting positions
What is a NAKED Call option