Key Words
This type of account has a low interest rate that you can store you money in.
What is a savings?
This is one of the places where people exchange stocks.
What is the New York Stock Exchange?
You are given pieces of ownership in a public company.
What is a stock?
Free money to go to college.
What is a scholarship?
This person opens their own business and may look for others to invest in their company.
What is an entrepreneur?
You should do this with your money every month to ensure you are accounting for all of it.
What is a budget?
This shows how investors feel an economy is doing.
What is the Stock Market Index?
This type of investment minimizes risk and is a passive investment.
What is an Index Fund?
Two types of scholarships are
What is a corporate and private scholarship?
College is expensive for these types of professions.
What are Lawyers
Doctors
Dentists
Engineers
The extra money you earn when you place it in an account is called…
What is interest?
This company tracks 3000 companies that are part of the stick exchange.
What is the NASDAQ?
This chart allows you to see what a company has done over a period of time.
What is a stock chart?
This type of investment account allows a lot of freedom and must be opened by an adult.
What is a custodial brokerage account?
There are several pieces of advice that millionaires give but the most crucial one was
What is staying out of debt?
A simple rule for your money.
What is the 50-30-20 rule?
This company tracts 30 of the largest and most important US companies.
What is the Dow Jones?
People involved in the stock market are called two things when they consider the market to go up or down.
What is a bull and a bear?
This type of account can only include what a minor earns in the year based on their job.
What is a Roth IRA?
A collection of financial investments like stocks, bonds, commodities, cash, and cash equivalents, including closed-end funds and exchange traded funds (ETFs).
What is an investment portfolio?
This can gain you higher interest and more money but has a higher risk.
What is investing?
This company tracks the overall stock market’s performance that contains 500 companies.
What is the S&P Index.
These companies can help you invest in the stock market but often have fees.
What is a brokerage?
This type of account can only be used for college savings.
What is a 529 College savings?
Key concept in portfolio management.
What is diversification?