Savings vs Investing
This type of interest is the main reason it is important to start saving early
This type of savings account has the lowest amount of interset
Traditional Savings Account
You want to buy a video game in 2 months, what should you do save or invest
Save
Who founded Amazon
Jeff Bezos
This method is best for short-term goals, with little risk and high liquidity
Saving
Which investment type is ownership in a company?
A share of stock
You want to buy a car in 8 years, and you don't want to lose money. This type of investment would be the safest.
A bond
This is the second oldest New York City baseball franchise
If you are planning on retiring in 20 years this method would be preferable
Investing
This type of savings account offers higher interest rates than traditional savings accounts but typically require a higher minimum balance.
High-Yield Savings Account
You are 60 years old and preparing for retirement. What type of investment should you focus on - it is medium risk
Mutual Fund
This is the best selling retail stock of all time
Amazon
The value of assets dropping is a risk of this type of money management
Investing
Certificate of Deposit
This type of investment is subject to sharp turns up and down in value-but you don't mind.
A share of common stock
McDonalds
Compound Interest plays a much larger role in this type of money management
Savings
Bond
You are 30 years old and planning to buy a house in 5 years.What would be your best type of investment and why?
Mutual Fund (variety of reasons)
Which famous rapper started the clothing brand "Rocawear" and later sold it for hundreds of millions?
Jay-Z