Savings
Guaranteed protection up to $250,000 is available on this type of account at a bank.
What is a savings account? (money market, CD, checking account)
An employer's retirement savings plan that is invested into various stocks goes by this name.
What is an IRA?
The year the Stock Market crashed leading the US into the Great Depression.
What is 1929?
This car producer is one of the top stock market stars.
What is Tesla?
If someone invest $1,000 a year in the stock market at a return rate of 10 percent for the next 50 years, they will have this much money.
What is $1.6 million?
Interest of this type is calculated using the principal only.
What is simple interest?
A period when most stocks are rising is called this.
What is a bull market?
In 1978 Congress passed this act which introduced the 401(k).
What is the Revenue Act of 1978?
This giant tech company is the top stock market money producer.
What is Nvidia?
What is $800?
This type of interest is added to the principal periodically.
What is compound interest?
When investors' lose confidence in the economy and stock prices fall for a prolonged period, this term applies.
What is a bear market?
It was during this early century that the first stocks were issued.-
What is the early 1300s? (the 14th Century)
This is the location of the New York Stock Exchange.
What is Wall Street, NYC?
If the amount of interest on $20,000 after four years for 4% interest compounded quarterly is $24, 403.80, how much more does the account make than on simple interest?
What is 403.80?
Shareholders use this type of savings.
What are stocks?
These are people who purchase stocks in a company.
Who are shareholders?
This is the year the first US exchange opened in Philadelphia.
What is 1790?
A group of businesses based in Holland that sells stocks to fund trading voyages to Asia.
What is the Dutch East India Company?
According to the Upfront article, this is a less risky type of fund.
What is an index fund?
Purchase of these government-issued savings has historically been viewed as less risky than stocks.
What are bonds?
When a private company decides to issue stocks for the first time, this is what they are called.
What is an IPO?
This recent year was the last time a financial recession led to a lengthy period of loss for stocks.
What is 2022?
The rise of the internet led to this type of trading.
What is E-Trading?
This is the amount of simple interest earned on a $2000 savings deposit annually.
What is $225?