Stocks
What is the stock price?
The price you pay to own a single share of a company
What is Premium?
When a bond is more than what it was before
What is an early withdrawal penalty?
Withdrawing money from a CD before its maturity date incurs it
What is the market account?
Offers high interest rates by requiring large balances
What are stocks, bonds, or other securities?
Mutual fund
What is common stock?
When shareholders can vote on company policies
What is a junk bond?
Higher risk and below investment grade
What is a variable rate?
What is a withdrawal?
A limit of transactions per month
What is a portfolio manager?
Someone responsible for making investment decisions
What is the Dow Jones Industrial Average?
Tracked 30 major U.S. companies
What is a bond?
Offers steady income and is safer to invest in than stocks
What is a fixed rate?
Refers to the interest rate to make sure it's guaranteed for the term
What are higher interest rates?
A major advantage over traditional banks is that offer you better loans
What is the NAV?
The price at the end of each trading day
What is a Bull Market?
When the Market is rising
What is a Bond Indenture?
Repayment details of a bond that outlines the terms
What is a Long-term?
When your term is over a year
What is compound interest?
Interest that you earn
What is an expense ratio?
A payment that covers operating expenses
What is beta?
The measures that help investors assess the risk level of stock compared to the market
What are Treasury bonds?
Issued by the government and is one of the safest investments
What is FDIC?
A federal organization that can insure up to $250,000
What is an Interest rate?
A percentage that you get paid for keeping money in your savings
What is an Index Fund?
Tracks a specific market index