Vocabulary
Savings & Investing
Money Game
Money Game Events
Character Counts
100
An investment that pays interest as a percentage of its face value over a specific term, or period of time. These are usually issued by a corporation, government or government agency.
What is a bond?
100
The number one habit of all millionaires.
What is paying yourself first?
100
Your loan balance is only $300. You should do this...
What is "pay off your car"?
100
Caring about how others feel.
What is compassion?
200
This is an investment strategy. It involves spreading your principal around among different kinds of investments to help reduce the risk of losses on one or more of those investments. This strategy doesn't guarantee positive results.
What is diversification?
200
These have either no value after you buy it or its value goes down as soon as you buy it (i.e., laptops, cars, mp3 players, clothes, or coffee drinks, juice drinks, eating out, going to the movies, etc.).
What is piddlyjunk?
200
One of the companies you have invested in is doing very well. You should...
What is "sell my stock"?
200
Doing what is right to make sure others are not treated badly.
What is fairness?
300
The amount of an item that is available for purchase. In the case of investments, this means the number of shares of stock or bonds available.
What is supply?
300
This is a sure way of having your money secured.
What is saving?
300
This is the way you keep track of your money correctly in your money game register (it's also a form of balancing your account).
What is reconciling?
300
This happens when one of the companies you have invested in goes bankrupt.
What is "losing your stock"?
300
Telling the truth
What is honesty?
400
An investment that sells shares to investors to raise a pool of money. The fund manager uses the investors' money to buy stocks, bonds, money market instruments, or a combination of those assets.
What is a mutual fund?
400
When there's a possibility of losing money or buying power as a result of a specific investment decision.
What is risk?
400
You make money grow by...
What is putting it to work for you?
400
Your business's profits are low this quarter due to a slowing of the economy.
What is "economic downturn"?
400
Being strong enough to do what you know is right.
What is integrity?
500
This is the amount you invest and the basis for figuring your capital gains or capital losses. If you invest in bonds, this is also the amount on which the interest you earn is figured.
What is principal?
500
Things that you need and want at a future date.
What are financial goals?
500
When investing you must remember this key principle:
What is "don't put all your financial eggs into one basket"?
500
When the company you invested in is having a profitable quarter.
What is "Stocks are up"?
500
Being dependable and accountable for your words and actions.
What is responsibility?
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