What you have left after you have paid your bills.
What is discretionary income?
100
Investing on a regular and planned basis.
What is systematic investing?
100
This type of investment is issued by an insurance company and is usually for retirement.
What is an annuity?
100
The ability of an asset to be converted into cash quickly.
What is liquidity?
100
Stocks or bonds issued by corporations or the government are technically known as this.
What are securities?
200
In a bank or credit union, how much of your money is currently insured?
What is $250,000
200
During this stage of investing it is suggested you have 3 to 6 months of net pay set aside.
What is Put-and-Take account?
200
This U.S. Government savings bond is sold at a discount.
What is a EE savings bond?
200
This savings option currently offers below 1% APR in most cases.
What is a regular savings account?
200
An example of this type of investment risk is a terrorist attack.
What is non-market risk?
300
The actual interest rate the account pays per year with compounding included.
What is APY?
300
In this stage of investing your investments should be conservative and low risk.
What is beginning investing?
300
You earn money through this type of investment 2 ways: capital gains and dividends.
What is a stock?
300
This is a savings option that earns a fixed interest rate for a specified period of time.
What is a Certificate of Deposit (CD)?
300
How long will it take my money to double if I plan on an annual return of 6%?
What is 12 years?
400
The amount of money deposited by a saver/investor.
What is principal?
400
The careful management of investment alternatives to maximize growth of your portfolio over the next 5-10 years.
What is strategic investing?
400
Two major advantages of this type of investment are diversification and professional management.
What is a mutual fund?
400
This is the date on which an investment becomes due for payment.
What is maturity date?
400
This type of stockbroker costs more but also gives you more advice.
What is a full-service broker?
500
Earning interest on interest.
What is compounding interest?
500
In this stage of investing you can make or lose a great deal of money in a short period of time.
What is speculative investing?
500
The right, not the obligation, to buy or sell a commodity or stock for a specified price within a specified period of time is known as this type of investment.
What is an option?
500
A combination savings-investment plan in which money deposited is used to purchase safe, liquid securities.
What is a money market account?
500
This concept involves spreading the risk among many types of investments.