Insurance
Im sorry,
Whaaaat?
What Percent of People make under $100,000/yr
68%
Give me 2 Pros and 2 Cons about Renting
Pros:
Faster
Temporary
No Maintenance costs
Lifestyle
Cheaper
Cons:
No equity
Overpriced
Lifestyle restrictions
How do you build a Diverse Portfolio
Age, Income, Risk Tolerance
Find Your Balance
Small, Mid, Large Cap amounts
Total Shares x Price per share
_____ The Cube
Kevin
Give an Example of both
HIGH/LOW
LOW/HIGH
20,000/1,500
1,500/20,000
Define Investing
Putting money into assets, such as bonds and stocks, with the expectation that that the money will grow.
Define Equity
The difference between what is owed on a mortgage and what the home is currently worth
Whats the Reality of Day Traders
97% of traders Lose money over time
Less than 1% of day-traders are profitable
80% of all trades being made in a day are day traders losing money
What is the sweaty angle of building called in fortnite
90s
What is a Premium?
Amount of money an individual pays for an insurance policy.
What is Good and Bad about Cash stuffing?
Positive: Nothing :(
Negative: Earns 0% Interest and Loses value due to inflation.
Give me 2 Pros and 2 Cons about buying a house
Pros:
Building equity
More living space
Long-term living
Lifestyle
Cons:
Time
Expensive
Less freetime
Lifestyle
What is a Portfolio
A collection of financial investments like stocks, bonds, cash, etc.
when did fortnite peak
Season 3-9
List 7 Types of Insurance
Auto - Flood
Home - Disability
Renters - Universal Life
Health - Business Interruption
Travel - Product
Whole Life
Term Life
What's different between Traditional & Roth?
Roth IRA: Funds are contributed to the account AFTER tax and are withdrawn tax-free.
Traditional IRA: Funds are contributed to the account BEFORE tax and are withdrawn at current tax rate.
What goes into Purchasing a house smartly
Income, Savings, House Payment, Apt., Expenses
How Do I Actually Make Money?
Mutual Fund:
Actively managed fund that pools money from many different investors.
Index Fund:
Passively managed fund that follows the performance of a market index.
who is the goat of fortnite
tfue
What is Out-of-Network
Healthcare providers that your health insurance provider DOES NOT “work with.”
What is Crypto Currency?
A digital currency which is an alternative form of payment created by using encryption algorithms
What is House-Hacking?
Finding ways to generate income using your home.
What is DA Blockchain
A decentralized, distributed and public digital ledger that is used to record transactions across many computers.
when did fortnite release (Month / Year)
July 2017
(Battle Royale released later in september)