Investing Basics
Investing involves a lot of _____________ but can be very rewarding when it works.
Risk
If you own a ______________ of stock in a company, that means you own a small percentage of that company.
Share
Clear any debt/loans
Who can you hire to invest your money for you?
Stock broker
What type of investment is best for diversification?
Mutual funds
What does ETF mean?
Exchange-Traded Fund
Which of the following carries the most risk?
A. Stock B. Bond C. Savings account
Stock
A ______________ is essentially a loan which will be paid back, with interest, by a certain date.
Bond
A financial advisor would tell you to do which of the following to maximize profits on your investments?
A. Start investing ASAP
B. Keep your money invested
C. Diversify
D. All of the above
D. All of the above
The New York Stock Exchange is a _____________, a place where stock can be bought and sold.
Stock market
Your ______________ is a summary of all of your investments.
Portfolio
If an oil company caused an oil spill in the Gulf of Mexico, the value of their stock would likely
A.Increase B.Decrease
B.Decrease
When you invest in stocks you expect to receive a _____________ AKA the profit you earn from selling your stock.
Dividend
Owning ______________ in a company means you get to vote on company policy.
Common stock
If you _________________ your investments, you'll be okay if one of your investments don't do well. The others should be fine!
Diversify