Terms/Definitions
Increase in goods and/or services over time
Not a princess by birth, but included for her heroism?
Mulan
Bar-none the greatest investment over time?
Stock market.
What government program provides monthly income to people who are retired or disabled?
Social Security
What is interest?
Cost of borrowing of money and/or the return for lending/saving it calculated as a percentage
First non-European princess?
Jasmine.
S&P 500 stands for what?
Standards and Poor 500. Index of 500 largest publicly traded companies
IRA and 401k limits for 2026?
$7500 and $24,500
What are Bonds?
Loans given to the government. They are returned with a specified rate typically 3-4%.
Only princess based on real-historical figure?
Pocahontas
Prior to investing what should you have?
Debts paid and emergency fund equivalent to 3-6 months worth of living expenses.
Difference between Roth and Traditional IRA?
Roth = Tax Now (deductions tax free)
Traditional = Tax Later (deductions are taxed)
What is Compound Interest?
Interest gained on interest and original principal
What princesses movie is based on a poem rather than a traditional fairytale?
The Little Mermaid originally written by Hans Christian Andersen
What is the rule of 72?
72% divided by interest rate = number of years to double
Explain Trinity Study
Study in the 90s proved that investors can withdraw 4% of their portfolios each year without running out of money