Banking On It!
This U.S. central bank controls interest rates and monetary policy
The Federal Reserve
A pool of money collected from many investors to invest in stocks, bonds, or other assets
This company, known for its electric cars
TSLA (Tesla)
The year the Great Depression stock market crash happened
1929
IPO stands for
Initial Public Offering
The rate at which banks lend money to each other overnight is called this
the federal funds rate
This type of fund trades like a stock on an exchange but represents a basket of securities
exchange-traded fund
This index, representing 30 major U.S. companies
Dow Jones Industrial Average
Major event that caused the stock market to crash in March 2020
COVID-19 Pandemic
the act of "short selling"
Borrowing shares of a stock, anticipating the price will go down, and then buying shares at the lower price.
This multinational investment bank is known for its distinctive bull logo and is one of the leading banks in the world
Goldman Sachs
Warren Buffett famously bet that this type of fund would outperform hedge funds over 10 years
This investment fund, designed to mirror the performance of the NASDAQ-100 index
QQQ
Nickname for the 2000s internet bubble burst
Dot-com Bubble
the definition of a "limit order"
Setting a buy/sell order that when the stock drops at this certain price, it will trigger.
The Big Four Banks
JPMorgan Chase, Wells Fargo, Bank of America, and Citigroup
A high-risk, actively managed fund that often uses leverage and derivatives
hedge fund
This major exchange, located in New York
New York Stock Exchange?
Primary cause of the 2008 stock market crash
Subprime mortgage crisis
Shares in large, well-known companies with a solid history of growth. They generally pay dividends
Blue-chip
This banking term refers to the process of lending out funds to borrowers while charging them interest
commerical lending
This is the percentage of fund assets taken annually to cover management costs
an expense ratio fund fee
This aerospace and defense giant, known for its satellite and space technology, has the ticker symbol LHX
L3Harris Technologies
The day that the Dow Jones Industrial Average suffered its largest one-day percentage decline in history, falling 22.6% on October 19th, 1987
Black Monday
Strategy that involves regularly investing a fixed amount of money regardless of stock price
Dollar-cost averaging