Personal Finance
The two types of IRA Accounts
Traditional and Roth IRA
Another term for owning stock in a company
What is equity?
Use this financial metric to express your company's risk compared to the overall market
What is the beta?
Jerome Powell
Used to measure the attractiveness of an industry
Porter's 5 forces
The type of loan that does not gain interest when the borrower is in school
Subsidized Loan
The shareholders who have priority over a company's income
Who are Preferred Stock Holders?
This makes up a company's capital structure
What is Debt and Equity?
The amount of money banks are required to hold to ensure they have enough money for sudden withdraws
What are reserve requirements?
Give three company's in Bank of America's peer group
Wells Fargo
Citi
JP Morgan
PNC
The type of loan repayment method where the borrower pays off loans with the highest interest rates first
Avalanche Method
The time when the stock market is open
9:30am - 4pm on business days
This financial metric shows how much a stock is priced relative to the company's earnings
What is the Price / Earnings ratio?
The buying and selling of government securities in order to align the federal reserve funds rate with the target rate
What is Open Market Operations?
A government agency tasked with protecting investors and maintaining order in the market
SEC (Security and Exchange Commission)
The abbreviation APR stands for...
Annual Percentage Rate
The term "going public" means a company performed an ....
What is an IPO (Initial Public Offering)?
An alternate method to measure profitability because it represents cash generated and does not subtract everything out (unlike net income)
EBITDA
The increase of money into the economy to stimulate growth
Expansionary Policy
The three financial statements
Balance Sheet, Income Statement, Statement of Cashflows
What can you be doing now as a college student... (get three right)?
1. Understand your finances/loans
2. Open a student card
3. Put money in a high yield savings account
4. Keep track of your purchases
The concept of a company paying shareholders a small amount of "interest" for owning their shares
What are dividends?
The most common valuation method used in SWS
What is a DCF?
Give the acronyms for PPI, CPI, GDP & GNP
Producer Price Index
Producer Price Index
Gross Domestic Product
Gross National Product
The income statement starts with (Blank) and ends with (Blank)
Revenue
Net Income