Banking
This type of bank account is used for storing money you don't need to access daily and typically earns interest
Savings Account
This type of fund pools capital from accredited investors and uses a wide range of strategies to earn active returns
Hedge Fund
This type of fund aims to mirror the performance of a market index rather than beat it
Index Fund
This company, created by Steve Jobs, became the first US company to hit a $3 trillion market cap
Apple
This type of bond is issued by the US government and is considered one of the safest investments
Treasury Bond
This is the central bank of the United States
Federal Reserve
He founded Bridgewater Associates, one of the world's largest hedge funds
Ray Dalio
This index includes 30 large US companies and is one of the oldest in the world
Dow Jones Industrial Average
This e-commerce giant also owns AWS, one of the world's largest cloud computing platforms
Amazon
The prices of existing bonds ___ when interest rates rise
go down / decrease
This 3 digit number dictates how much banks should trust you when giving out loans
Credit Score
This hedge fund strategy tries to eliminate risk while maintaining profits
Arbitrage
Index funds are known for having lower fees than actively managed funds, measured by this percentage based metric
Expense Ratio
This man, who earned his fortune on individual stock holdings, actually warns people against taking the same risk he did and instead encourages them to invest in safer options
Warren Buffet
Bonds rated below investment grade are often referred to as ___
Junk Bonds
This is the biggest bank in the United States
JP Morgan Chase
Hedge funds are typically exempt from registering under this US Act as long as they meet certain criteria
Investment Company Act of 1940
Most index funds use this strategy to assign greater weight to companies with higher market value
Market Capitalization Weighting
Berkshire Hathaway is the largest shareholder of this iconic American bank
Bank of America
This term refers to the payout of a bond when it is held for as long as it can be
Yield to Maturity
This banking theory states that one bad event (in finance) precedes many other bad events
Cockroach theory
This Greek letter represents the sensitivity of a portfolio's value to changes in volatility
Sigma
This type of fund uses factor-based investing to tilt portfolios toward factors like value, momentum, or low volatility
Smart Beta Fund
This semiconductor company saw a meteoric rise due to its dominance in AI-related GPU chips
NVIDIA
This curve plots the interest rates of bonds with equal credit quality but differing maturity dates
Yield Curve