Investing
A minuscule portion of ownership in a company.
What is a share?
They insure banks.
Who is the FDIC?
Required insurance in Wisconsin.
What is auto insurance?
Term for the amount of a loan.
What is principal?
This is the public retirement tax.
What is Social Security?
The success of an investment is measured by this.
What is Return on Investment (ROI)?
They insure credit unions.
Who is the NCUA?
They receive your estate when you die.
Who is a beneficiary?
Term for the length of a loan.
What is term?
IRA stands for.
What is Individual Retirement Account?
When a company shares profits with shareholders.
What are dividends?
This sets banks apart from credit unions.
What is banks are for-profit businesses?
This defines collateral.
What is an asset put up in case of faulty payments?
Term for the cost of a loan.
What is rate?
Employer retirement for non-profit/government.
What is a 403(b)?
The total value of a company’s outstanding shares.
What is market capitalization (market cap)?
This is how many regional Federal Reserve Banks there are.
What is 12?
Meaning of a liquid asset.
What is easily spendable?
This is the score given to me by three different bureaus based on my financial history.
What is a Credit Score?
When Roth taxes are paid.
When is it before the investment is funded?
When a stock is first sold to the public.
What is an Initial Public Offering (IPO)?
This is who all banks report to.
Who is the Federal Reserve?
Liability auto insurance covers this.
What is everything except damage to your vehicle?
Schedule that breaks payments into interest & equity.
What is an amortization schedule?
An actively managed fund that gets safer as retirement approaches.
What is a Target Date Fund?