Investing
A person who owns stock in a company
What is a stock?
An investment option that allows you to own a small piece of a company
Brokerage.
What is the current superannuation rate
12%
This is the worlds largest mammal.
Blue Whale.
What is a secured loan?
it’s secured against something you own – like your house or car.
Which of the following is an example of diversification?
a. Putting the majority of your money into a savings account and investing the rest
b. Investing different amounts of money every month
c. Purchasing shares of stock in a variety of companies and industries
d. Using multiple investment managers to get different opinions
c. Purchasing shares of stock in a variety of companies and industries
To use assets to earn income or profit
Investing
What types of income can you use in retirement to support yourself? (name 2)
True or False: Stocks are guaranteed to increase in value.
False
This is the fee due to a brokerage for them carrying out transactions on your behalf.
Commission.
What you earn from stock or shares and is normally paid quarterly?
Dividends
This type of investment is essentially loaning money to a company or the government to be paid back at a set date with interest.
Bond.
At what age can you access your Superannuation?
age 60 and retire, or when you reach age 65 (even if you are still working).
What Is The Most Commonly Used Letter In The English Alphabet?
E
If Interest rates are low, what happens to your investment account?
The value of your account drops
What is called when you spread your money out?
Diversification
Who manages a passive investing fund?
No one--it is based on the performance of an index.
This retirement plan provides regular payments for as long as the recipient is alive.
Pension
What is the best kind of interest in any kind of investing/saving account?
Compound Interest
What is cryptocurrency?
Its a digital asset used for investments and online purchases
Is a car a good investment to make
No, because a car depreciates in value. You will not make any money from it.
The agency that regulates the stock market
Australian Securities and Investments Commission (ASIC)
Why is investing a more powerful tool to build long-term wealth than saving?
Investing yields higher average rates of return, so your investments will grow more than they would in a savings account.
What is the Rule of 72 used for?
To figure out how long it will take to double your investment based on a specific interest rate.