A person must be THIS old before he/she can pull money out of a retirement account. Otherwise, there is a significant penalty.
What is 59 1/2 years old?
100
A share is called a "share" because you share in THIS?
What is ownership of the company?
100
Bonds are actually THESE.
What are loans?
100
A mutual fund is when people do THIS with their money so they hire a professional manager who can buy and sell more investments.
What is pool or put together?
100
The risk-reward relationship is THIS type of relationship.
What is a direct relationship?
200
THIS retirement plan is funded by people on their own and has nothing to do with a person's employer. THIS retirement plan is taxed when the money is pulled out.
What is an IRA (Individual Retirement Account)?
200
A person who owns a stock is called THIS.
What is a shareholder?
200
If you invest in a bond, you will receive THIS on a periodic basis.
What is interest?
200
Investing in a mutual fund allows a person to invest in many DIFFERENT assets, which is also know as THIS.
What is diversification?
200
A Treasury Bond is a very low risk bond because you are lending money to THIS entity.
What is the federal government?
300
THIS type of retirement plan is deducted from a person's paycheck and is usually reserved for government employees.
What is a 403(b)?
300
When a company shares the profits with the shareholders, they pay THIS.
What is a dividend?
300
The lowest risk bond is THIS type of bond.
What is a Treasury Bond or Treasury Bill?
300
By diversifying in a mutual fund, the investor lowers THIS.
What is risk?
300
When a person is in THIS stage of life, he/she should lower his/her risk since he/she doesn't have as much time to regain losses.
What is older or 50+ or getting close to retirement?
400
THIS type of retirement account does not give any tax benefit NOW, but is tax-free when the money is pulled out later.
What is a Roth IRA?
400
Stocks are traded on THIS.
What is a stock exchange?
400
When a city or county wants to borrow money, the will issue THIS type of bond.
What is a municipal bond?
400
A person can see if a mutual fund has done well by looking at THIS.
What is the fund's history or past performance?
400
In order from the RISKIEST to the LEAST risky: savings accounts, stocks, bonds, treasury bonds, mutual funds.
What is:
stocks
bonds
mutual funds
treasury bonds
savings accounts
500
THIS type of retirement plan is deducted from a person's paycheck and is often matched by the employer.
What is a 401(k)?
500
True or False: Stocks are guaranteed to increase in value.
What is false?
500
Just like individual people, companies have THESE, which dictate the interest rate the company will pay on a bond.
What are credit scores?
500
The manager of a mutual fund must be licensed by THIS government agency.
What is the SEC (Securities and Exchange Commission)?
500
You didn't learn this so this is a DAILY DOUBLE!
When the market is going up, it is a THIS market.
When the market is declining, it is a THIS market.
What is a BULL market (going up)?
What is a BEAR market (going down)?