Stock Market
This is when you want to buy stocks.
What is when they the prices are low?
These are savings accounts that you can deposit money into and it will accrue interest at a higher rate than a standard savings account.
What is a High Yield Savings Account?
This would be the first step you take as you start your personal budget.
What is the listing the bills you have to pay every month?
This is a period during which stock market prices move up for several months or years in a row.
What is a "Bull Market?"
These are people that buy or sell stocks for you based on the trends in the market they believe to be happening at the time.
What is a Stockbroker?
These are personal retirement accounts that are set up through your place of work; usually the company you work for matches a certain percentage of your contributions.
What is a 401K account?
This is either the net profit or the net loss you receive at the end of your investment period.
What is Rate of Return?
In this tax system, the more money you make, the more taxes you pay. Also, the less money you make, the less amount of taxes you pay.
What is a Progressive Tax System?
In the stock market, this is a situation in which the outcome is not certain, but the probabilities can be estimated.
What is Risk?
These are retirement funds you can begin on your own that accrue interest over time; mainly done through financial institutions; these are tax-free growth and as long as you have the account for a certain amount of time and are 59.5 years old, you can withdraw the funds.
What are Individual Retirement Accounts (IRAs)?
This is the total amount of money you make from salary and any wages BEFORE deductions or taxes are taken out.
What is Gross Income?
The State of South Carolina has this type of tax system.
What is the Progressive Tax System?
This is the technique of spreading funds over a large amount of investments in order to reduce the portfolio's overall risk.
What is Diversification?
This is interest that will build on your investment and any interest you have accrued over time.
What is Compound Interest?
This is the income that you have left over in your personal budget after you have paid all your bills and necessary goods that you need to survive; you can spend this money however you choose.
What is Disposable Income?
These are the three major government programs under FICA.
What are Social Security, Medicare, and Medicaid?