Retirement
A type of retirement saving plan offered by a person's employer to their employees.
What is a 401K?
A type of retirement savings plan that can be used by employees that are paid by the government. (ex: Teachers, Police Officers, Firefighters)
What is a Pension?
Buying a small piece of ownership in a company (viewed as risky and unpredictable)
What is Single Stock?
The interest earned on your initial investment and on any interest that has already been earned.
What is Compound Interest?
NFT, Gold, Bitcoin, and Crypto are examples of:
What are Money Trends?
A type of individual retirement account that grows tax-free.
What is a ROTH?
What is an IRA?
A stock market index that is viewed as a measure of how well the stock market performs overall.
What is the S&P 500?
A savings account that helps families save money for college or other educational expenses. The money grows over time and taxes are not paid on the earnings.
What is a 529 Plan?
Between 1880 and 1900 there was a rapid growth in population leading to a shortage of housing in many cities.
What is Urbanization during the Industrial Revolution?
A type of individual retirement account that grows tax-deferred.
What is a Traditional?
The reason a person would be taxed and have to pay a fee to their IRA or retirement plan.
What is withdrawing money before 59 and 1/2?
A way for companies or governments to borrow money from investors.
What is a Bond?
The amount and percentage of profit or loss on an investment relative to the amount of money invested.
What is Rate of Return?
Extreme levels of giving and helping others. This can include supporting a charity or providing to others in a giving way.
What is Outrageous Generosity?
The age at which you will be taxed for withdrawing money from your IRA or retirement plan.
What is 59 and 1/2?
Fidelity, Vanguard, Boeing, Citigroup....etc
What are Retirement Companies?
A pool of many stocks that makes up a fund.
What is a Mutal Fund?
Tax paid on profits made from selling assets that were held for one year or less.
What is Short Term Capital Gain Tax?
What year did the stock market crash due to the housing market crisis and the failure of large banks
What is 2008?
The difference between a retirement fund and an emergency fund.
What is Retirement is Invested?
An employer contributes money to an employee's retirement plan, based on how much the employee contributes.
What is an Employer Match?
Open an account what a brokerage firm, calculate your budgets, manage your portfolio, and start investing.
What is How to Invest in a Mutual Fund?
The tax paid on profits made from selling assets that were held for more than one year.
What is Long Term Capital Gain Tax?
Banks lending money to people who couldn't afford to pay it back. People also bought houses that were out of their budget. This led to many foreclosures and drops in the prices of houses.
What is The Great Recession or Housing Market Crash?