GROW YOUR MONEY
This is what investing can do that ordinary savings usually does not.
What is return?
This investment is a small ownership of a company ex. SpaceX?
What is a stock?
This workplace account takes money from your paycheck to invest.
What is a 401(k)?
This holds small pieces of many companies at once and changes price daily.
What is a mutual fund?
This kind of income can count as earned income for a Roth IRA.
What is NIL money?
This happens when your money earns returns, and those returns earn returns too.
What is compound growth?
This investment is a loan to a borrower, such as the U.S. government.
What is a bond?
In this IRA, you pay taxes on the money before contributing, and qualified withdrawals can be tax-free.
What is a Roth IRA?
This holds small pieces of many companies at once and changes price every second.
What is an ETF?
This is the suggested range of expenses to keep in a savings cushion.
What is three to six months?
Who ends up with more by age 65: someone who starts investing at 22, 32, or 42?
Who is the person who starts at 22?
Of cash, bonds, and stocks, this type has the most volatility and the most growth potential in the presentation.
What are stocks?
This workplace benefit adds money when an employee contributes, up to the plan’s match.
What is an employer match?
A 0.03% fee costs about this much per year on a $10,000 investment.
What is $3?
When is the best time to invest your NIL money?
What is on arrival?
Everyone invests the same amount each month. This is the main reason the person who starts earlier ends up with more.
What is longer compounding growth?
What type of holding produces the lowest growth?
What is cash?
This account is opened by an individual, and contributions require earned income.
What is an IRA?
This type of investment is the most volatile and trades 24 hours.
What is crypto currency?
This is what the presentation recommends doing with regular contributions so you don’t have to remember each time.
What is atomization?
The presentation’s 7% growth example is hypothetical because investment returns can do this from year to year.
What is volatility?
This principle helps explain why a young investor would invest in 100% stock.
What is high risk-tolerance?
A school or hospital may offer this workplace plan, similar to a 401(k).
What is a 403(b)?
This word describes a fund that copies a market index instead of trying to guess which stocks will outperform.
What is an index fund?
This phrase describes the warning signs in examples like guaranteed returns and “sure thing” investment tips.
What is “too good to be true”?