Stock Market
A singular investment that has multiple stocks inside of it
Fund
What are the 2 main retirement investment accounts?
401(k)
IRA
What is the most popular large cap American fund?
S&P 500
This account gets you a tax write off now but you have to pay regular income taxes on your retirement money when you spend it.
Traditional
True or False
When you retire, typically the best move is to move all of your investment holdings into your bank account in one big sell off.
False
What is the world's largest stock market?
NYSE
What retirement account do you get through work and your employer might offer to match your contributions?
401(k)
What 4 categories of investments does Dave Ramsey recommend and what % of your money should be allocated to each?
Small Cap
Mid Cap
Large Cap
International
25% in each
Roth or Traditional
This type of account gives you no tax breaks now, but you get tax free growth and tax free spending when you are in retirement.
Roth
What is the safe distribution rule that Bill Bengen came up with called?
4% Rule
How many companies does the Dow Jones Industrial Index have in it?
30
This fund is considered a fund of funds. It automatically adjusts the stock/bond allocation for you as time passes to make it less risky.
Target Date Fund
Historically which market cap size is the most volatile?
Small Cap
Who won the NBA lottery this week?
Dallas Mavs
This retirement spending strategy has you put your money in 3 different investments (cash, bonds, and stocks).
You would use this strategy to protect your stocks in case of a downturn in the market.
3 bucket strategy
Most consider this man to be the greatest investor of all time. He just retired from his job as CEO of Berkshire Hathoway.
Warren Buffett
How old do you have to be to take all of your money out of a tax advantaged retirement account?
59.5
Apple
What kind of tax will you have to pay if you sell an investment property that you owned for more than 1 year?
long term capital gains tax
Bill Bengen suggests that your stock/bond allocation in retirement should be between what range?
75/25 and 50/50
This type of fund cost more because the fund managers are constantly buying and selling in hopes to outperform the market.
Actively managed
What is the max amount of money you can put into an IRA per year (2025)?
$7,000
The Russell 2000 is one of the most popular funds that invests in what?
Small Cap U.S. companies
Short term capital gains taxes will tax you based on what rate?
income tax bracket
1960's