Money Basics
Money you receive for doing a job or service.
What is a stock exchange?
Don't put all your eggs in one basket- spreading your money across different investments is called.
What is diversifying?
stock ticker for the company behind Mickey Mouse
What is "DIS"?
This index tracks 30 big U.S. companies: report card of market
What is the "Dow Jones"?
Money going out for things like food or clothes.
What is an expense?
When a lot of people want to buy a stock and it's price is increasing.
What is rising?
a collection of stocks or funds held by an individual
What is a portfolio?
stock ticker for company that lets you stream movies and shows
What is "NFLX"?
a "500" index of the top U.S Companies
What is the "S&P 500"
Total value of everything you own, minus what you owe.
What is net worth?
If everyone starts selling stocks in a panic, the market does this scary drop.
What is crashing?
Refers to long-term investing or patient investing.
What is Buy and Hold?
ticker for this video game maker known for FIFA and The Sims
What is "EA"?
Tech-Heavy Index which has tickers like AAPL & TSLA
What is the "NASDAQ"
A plan for how to spend your money wisely each month.
What is a budget?
Money you pay a company when you buy a stock.
What is a purchase price?
shares of many companies bundled together that is actively traded on the stock market
Hint: Fund
What is an exchange traded fund "ETF"?
ticker for this chip maker that powers many computers
hint: what is "inside" your PC
What is "INTC"?
where investors can pool their money for a professional manager to invest it accordingly
hint: they have a mutual account where they invest funds
What is a "mutual fund"
The "magic" way your savings grow because of the interest earned on the interest.
What is compound interest?
This positively or negatively market describes a market that is going up and a market that is going down.
What is a bull/bear market?
What percentage should you put inside your retirement account?
What is "10% or more"
At least the match the company offers
ex: company matches up to 5%
you: 5%
company: 5%
total: 10%
ticker for company behind Coca-Cola
hint: Mike Tyson
What is "KO"
What happened in October 1929?
what is: the sharp downturn "Black Monday & Tuesday" which led the the stock market crash and led into the Great Depression.