Investing in Funds
The S&P 500 is
What is an index of the 500 largest publicly traded companies in the US
Robo-advisors do not
What is have a higher account minimum than a traditional financial advisor
Not a factor to consider when opening a brokerage account
What is the location of the brokerage company
Most working American citizens have access to at retirement
What is social security
A fund manager
Who is the person who selects which stocks to include in the fund
The portfolio is a target-date fund is most likely allocated as
What is majority stocks and a small percentage of bonds
Low-risk, low volatility strategy
What is dollar-cost averaging
A retirement account that you can add $100 a month to
What is a 401k that your employer is offering a match, up to 3% of your salary
Dow Jones Industrial Average
What is your returns track the performance of 30 large US companies
Passively managed, can be traded and is bought directly from other investors
What is an exchange-traded fund
Chasing trends
What is buying cryptocurrency because you saw a headline about it reaching its highest price ever
Does not impact how much money you will have available at retirement
What is how often you log into your online brokerage account
Mutual Fund Fees
What are fees, compounded over the life of your investment, can substantially decrease your returns
A 24 year old in 2022, wants to retire at age 67 and selects this retirement fund
What is Alpine Target Retirement 2065 Fund
Retirement account for high tax bracket
What is a traditional 401k