This reflects a person's net worth by comparing assets and liabilities. Money in the bank and fixed assets such as automobiles are assets. Rent is an expense and a W2 shows income. Both of those items are found on an income statement.
What is the balance sheet?
100
The risk that some corporations will inevitably fail.
What is business risk?
100
Common stock, common stock mutual funds, blue-chip stocks and defensive stocks are the main investments for this goal.
What is growth?
100
This goal is to maintain the money investors have thus far in their retirement accounts.
What is Preservation of Capital?
100
GDP
What is gross domestic product?
200
Congress enacted this to ensure that high-income taxpayers do not escape federal income taxes.
What is alternative minimum tax?
200
The effect of continually rising prices on investments.
What is inflation risk?
200
If the portfolio is almost all equity with some debt securities.
What is Portfolio diversification is the main goal?
200
This goal is to generate current money.
What is Current income?
200
FDIC
What is Federal Deposit Insurance Corporation?
300
These considerations often carry more weight than others.
What are nonfinancial considerations?
300
Simply the wrong timing of an investment.
What is timing risk?
300
Government securities are the main investment for this goal.
What is Preservation of capital?
300
This goal is to increase an investors value over time.
What is growth?
300
OFAC
What is Office of Foreign Assets Control
400
Unless there is a pressing reason for it, this is rarely in the client's best interest, when the client will be subject to the deferred sales charge.
What is Switching funds?
400
When interest rates decline, it is difficult for bond investors to invest the proceeds from maturities and calls to maintain the same level of income without increasing their credit or market risks.
What is reinvestment risk?
400
Money market funds are main investments.
What is goal for liquidity?
400
This goal is immediate access to their money at all times.
What is liquidity?
400
STRIPS
What is Separate Trading of Registered Interest and Principal of Securities?
500
The danger of losing all of part of one's invested principal through in issuer's failure.
What is credit risk?
500
Technology stock, small cap or cyclical stocks are the main investments in this goal.
What is speculation?
500
This goal is to earn much higher than average returns in exchange for higher than average risks.
What is speculation?
500
ITSFEA
What is Insider Trading and Securities Fraud Enforcement Act of 1988?