Trading
Trading currencies to make a profit based on changing values is called this.
What is forex trading?
This place is where stocks are bought and sold.
What is the stock market?
This rule suggests saving this percentage of your income (common guideline).
What is 20%? (from the 50/30/20 rule)
This type of business structure stands for “Limited Liability Company” and helps protect your personal assets.
What is an LLC
Saving all your money and never investing means you might miss out on this.
What is growth (or earning more money)?
This is the most traded currency in the world.
What is the U.S. dollar?
When stock prices go up and people are confident, it’s called this type of market.
What is a bull market?
This is a plan for how you will spend and save your money.
What is budget plan ?
This document officially registers your business name with the state so you can legally operate.
What is a business registration (or business license)?
This habit—spending less than you earn and saving consistently—is one of the most important ways to build wealth over time.
What is budgeting (or saving money)?
How many currency pairs can the U.S.D trade with ?
what is 7!
When stock prices fall and investors are worried, it’s called this.
What is a bear market?
Money you earn from a job or allowance is called this.
What is income?
This important number from the IRS is like a Social Security number for your business.
What is an EIN (Employer Identification Number)?
If you take Interstate 280, it often connects you to this major highway.
What is Interstate 80?
The value of one currency compared to another is called this.
What is the exchange rate?
This famous U.S. stock exchange is located on Wall Street.
What is the New York Stock Exchange?
This type of expense stays the same each month, like rent.
What is a fixed expense?
This benefit of an LLC means your personal money and property are protected if your business has debts.
What is limited liability?
Interstate 95 runs in this direction even though it curves across many states.
What is north and south?
This happens when someone tries to quickly buy and sell to make fast money, but it can lead to big losses.
What is day trading?
An investor researches a company, sees it is making strong profits, and decides to buy the stock for long-term growth instead of quick gains. This strategy is called…
What is long-term investing?
If two people have the same job but one saves more, this habit makes the difference.
What is saving (or discipline)?
This is what you build when your business borrows money and pays it back on time, helping it qualify for loans.
What is business credit