Stocks
What is a stock?
What are bonds?
Is a loan
What is a Certificate of deposit?
A type of savings account offered by banks and credit unions.
What is a savings account?
A savings account is a bank or credit union account that holds your money for short-term needs, typically with a low interest rate
What are mutual funds?
Mutual funds allow you to pool your money with other investors to buy stocks, bonds, and other investments, managed by professional money managers.
What is an IPO?
(initial public offering) is the sale shares of a private
company to the public for the first time.
How do bonds work?
By making an interest payment or selling it.
Is a CD a good investment? and why
CD's are considered a safe investment because they are FDIC-insured, meaning that the money you deposit is guaranteed up to a certain amount.
Do you gain money on a savings account?
Yes Savings accounts earn interest, but the rate is often lower than that of a CD account or money market account
Is mutual funds good or bad?
Mutual funds may be a good investment for anyone looking for diversification in their portfolios
What type of stocks gives you voting rights?
Common Stocks
Do bonds have to be paid back?
Yes
What happens when a CD matures?
Once the CD matures, you may have a grace period, established by the bank, to decide whether to renew the CD or withdraw the funds
Do you lose interest if you withdraw from a savings account?
You won't lose interest on the money you withdraw before the end of the month, but it won't continue to earn interest after you withdraw it
Are mutual funds tax free?
Mutual Fund gains and profits are taxable
What is 1 good stock to invest in?
Amazon
Name 3 types of bonds
Bond funds,Junk bonds and Corporate Bonds.
Do you pay taxes on CD's
it is still considered taxable income and subject to the annual federal income tax
What is the downsides of savings?
Inflation risk
What is a debt mutual fund?
A debt fund is a mutual fund scheme that invests in fixed income instruments, such as Corporate and Government Bonds.
When most stocks are on the rise, Which type of market is it?
Bull Market
What is a good bond?
U.S Treasuries
How long should you keep money in a CD?
4-5 years
Can you go negative in a savings account?
Yes you can
What is the best type of mutual fund for retirement?
Money Market Mutual funds