Investing
Define Investing.
To expend money with the expectation of achieving a profit or material result by putting it into financial plans, shares, or property, or by using it to develop a commercial venture
In the past 12 months, are stocks value's generally up or down?
UP!
Define commodities
Raw material (ex. oil, gold)
Who are the RBC Co-Presidents?
Devon and Katherine!!
How many years must a sum be invested for it to be considered a long-term investment?
5 years
What is a ticker symbol?
Code to identify a stock.
What are index funds?
A group of stocks that you invest in that replicates the total move of the market (Examples: S&P 500 Index & Nasdaq-100)
Who is the RBC advisor?
Mrs. Fox!
Define dividends.
Money that a company pays out to shareholders when they make a profit.
What are shares?
Pieces of a company
Give two examples of ways to invest in real estate
Flipping houses, renting houses, buying & selling properties
What room do we meet in and when do we meet?
413, every other Friday
Why is long term investing more profitable than day trading?
Minimizes the chances of severe losses, money stays invested for a long time, etc.
What is Apple Inc.'s ticker symbol?
AAPL
What does a mutual fund do?
It pools your money together to purchase a variety of securities, increasing diversification and minimizing risk.
What is the largest interest club at Ridge?
RIDGE BUSINESS CLUB 😤😤😤
Provide two examples of brokerage accounts.
Robinhood, SoFi, M1 Finance, Fidelity, First Trade, TD bank, etc.
Define NYSE and state when the NYSE opens.
The world's largest stock exchange (market).
9:30 AM weekdays
Define bond.
A loan to company or government that grows in value.
Name every RBC officer and their position
Copresidents: Devon and Katherine
VP: Andy
Board Members: Anya, Naqi, Olivia, Sriya, Zoey