Bank Accounts
What account is tied to a debit card and is typically does not collect interest?
A checking account
What is a Bank?
A for profit financial institution
This is part ownership of a public company?
Stocks
What is the name of the type of that Mr. Coady likes to where?
Bolo
What knot does Mr. Mosebrook tie for his tie?
The Windsor Knot
What bank account is good for high liquidity and typically collects interest?
Savings accounts
What is a Credit Union?
A non-profit financial institution
These are investments where resources are pooled and managed by a professional money manager?
Mutual Funds
How many concussions does Mr. Coady have?
5
What is Mr. Mosebrook's favorite color?
Blue
What is an overdraft fee?
Something you are charged if you spend more money than what's in your account
What organization insures banks
The FDIC
These are essentially loans to a business or government
bonds
Does Mr. Coady Ski or Snowboard?
Skiing
What is Mr. Mosebrook's favorite star wars movie?
The Empire Strikes Back
What is interest?
Money given to you for having money in the bank
What organization insures Credit Unions?
NCUA
What is a maturity date?
when your bond should be paid in full
What is Mr. Coady's Favorite Candy?
Reese's Cups
What is Mr. Mosebrook's favorite transformer?
Megatron
What is something you need to be careful about when looking at opening a bank account?
Making sure the bank is FDIC insured or NCUA insured
What does ATM stand for
Automated Teller Machine
When can you take money out of your IRA without any penalties
59.5
What is Mr. Coady's Favorite Muppet?
Rizzo the Rat
What is Mr. Mosebrook's favorite Muppet?
Gonzo the Great