Definitions
Too clever for you...
Investing
Keep your money
Numbers
100

If a bond can be cashed out at any time, we say it is ________________.

Redeemable.
100

How many investments in restaurants, car washes etc. work out?

One in every _________or _________

One in every 30 or 40

100

When there is a sharp dip in share prices of equities in the stock market, we may be experiencing a stock market ________.

Crash

100

If you want a better rate than the banks offer, where could you go for financing?

A credit union

100

When shopping for a car, the numbers in the 20/3/8 rule represent what?

20% down

3 year term

8% of income

200
"Giving money to the rich for land and buildings and tax breaks" was our casual definition for.....

Subsidy


200

What denominations are reeded?

dimes, quarters and toonies


200

What are two qualities that make a debt "good" debt?

The thing purchased increases in value and has a low interest rate?

200

Which the the safer option: saving or investing?

Saving

200

Three things to need to be concerned with when it comes to money

______money

______money

_______money

Making, Keeping, saving


300

Its definition is 'the chance that the value of an investment will decrease'

What is risk?

300

Three words to live by

Pay Yourself First

300

This is defined as the amount of money, stocks or other property that a corporatation pays to shareholders

What is a dividend?

300

What type of borrowing gets young people into debt most often?

Student loans

300

In the 50/30/20 rule, what do 50, 30 and 20 represent?

50% on needs

20% on savings

30% on wants

400
If you wish to invest by lending money to the government or a crown coorporation, you can do so by purchasing one of these.

What is a bond?

400

Pete's three money basics (fill in the blanks)

Spend less __________

Insure against things you ____________

Save for ___________

___than you earn

____can't control

______the future

400
Put the following in order of liquidity (high to low):


Stocks, bonds, cash, real estate

cash, stocks, real estate, bonds

400
List three additional fees that are included in the "all in" price of a car?

tire levey, taxes, documentation, delivery, warrantees, dealer fee

400

How long is the average NFL player's career?

3.5 years 

500

TANSTAAFL stands for...

There aint no such thing as a free lunch

500

What are the four money scripts?

Worrier, Avoider, status, vigilant

500

Put the following in order of risk (high to low)

Bonds, Stocks, Cash, Real Estate

Stocks, Bonds, Real Estate, Cash

500

When you are compelled to get stuff because your neighbour has it, you are doing what?

Keeping up with the Jones's

500

I want to buy a car with no down payment.  Car costs 10,000.

I sign up for 8 years of monthly payments of $300.  How much interest am I paying?

18,800