Behavioral Econ, my dude
This word, often paired with another related to brain processes, means preference or prejudice.
What is bias?
Set one of these up for a year and make more than normal but try to cash in early and you'll be at a loss.
What is a CD (Certificate of Deposit)?
A good ROI.
What is 7%?
What is your ROI if you invested 10,000 into a used car and sold it for 11,000?
What is 10%?
You are an older investor with minimal time until retirement. Name two investments that match your risk tolerance.
What are bonds, conservative mutual funds, cds, or high yield savings accounts.
Fill in the blank: To _______ or not to ___________ isn't the question but the way to overcome our human tendencies.
What is Be Aware?
Word of mouth or just a record of the balance in an account.
What is a statement?
Things were a brewing in 2021 when Dutch had theirs.
Bonus $100 for the formal.
What is IPO?
What is 3?
To help you decide how much to withdraw from your retirement you must use this principal.
Bonus points if you can tell me how much that is a month for three quarters of a million dollars.
What is the 4% principal? And what is $2,500?
This life value, when Billy seeks out opportunities to be of service to others, is exemplified.
What is social value?
Bonus $100 if you can give me her formal name.
Who is ACH a.k.a. Automated Clearing House?
As far as you could see? Hopefully longer would let the compounding interest do its thing.
What is Time Horizon?
BAH - The mindset for a true investor
What is buy and hold?
This retirement benefit provides you with lifetime income?
What is a pension?
Life values are your this "M" a.k.a the driving force behind the things you to choose to do.
What is Motivation?
She controls the interest rate in the U.S.
Who is the Federal Reserve?
These baskets of individual securities (like stocks and bonds) can be bought and sold throughout the day unlike mutual funds.
What are ETF's?
PYF - My mantra for a bright financial future.
What is Pay Yourself First?
This is when can you start investing the money in your HSA Fund.
Bonus $100 for what HSA stands for.
What is once you have certain balance in the account? ($1,000 to $2,000)
What is a Health Savings Account?
"Happy" vs. "Unhappy" money: treating money earned through hard work more cautiously than money acquired as a gift is an example of _______.
What is mental accounting?
Bonus $100 for its formal title
Who is the CFPB?
The materials used in production of other goods.
Syllable Breakdown (all 3 or 2 letters):
dot (this) for a common url ending
___ make changes to body or game controller
__ scary clown movie
EEE
What are commodities?
If you put $10,000 into a mutual fund that grows at 12% each year this is how long it takes to have $160,000.
What is 24 years?
You are 60 and decide to retire. You have a Roth IRA. These are the penalties and or taxes must you pay.
Bonus points for providing correct reasoning.
What are none?
Full retirement is 591/2 and you don't pay taxes on withdrawals for a Roth (you paid taxes on the $ you put in)