Investing
Putting money into assets with the goal to make a profit
What is investing?
Having money to pay your bills when you are not working.
Why is do we need to save for retirement?
place where buyers and sellers meet to set price equilibrium
What is a market?
a portion of the company's profits paid to shareholders
what is dividends?
New York City
Where is the NYSE?
The type of financial institution that is used to invest in the stock market.
What is a brokerage?
An account that the withdrawals are tax free
What is a roth?
Largest stock market in the world
What is the NYSE?
actively managed group of companies bought together
What are mutual funds?
Brokerage account
What type of account do you need to invest in the stock exchange?
Buying several types of of stock-- Don have " All your eggs in one basket."
What is diversification
An account that has a tax advantage, you don't pay tax on the money put into the account. You get it through your employer and is for businesses
What is a 401K
Index that tells the general trend of the stock market for 500 companies
What is the S and P 500?
Passively managed companies that are bought as a group
ETF's
paying money because the terms of the agreement were not followed
What is a penalty?
partial ownership in a company
What is stock?
An account that your get from nonprofit employer
Tax advantaged-- pay taxes on withdrawals, not contributions
Take money out at 59 1/2.
What is 403B?
General downward trend in the stock price
What is a bear market?
What is the stock exchange that primarily is know to sell tech stocks?
What is Nasdaq?
Willing to lose some money for a chance to make more
What is risk tolerance?
unit of ownership in the stock market
What is a share?
Retirement plan similiar to 401 K or 403 B but for self employed
What is a Keough Plan?
General upward trend in the stock market.
What is a bull market?
stocks from well established, financially sound companies
What are Blue chip stocks?
When stocks are sold for more or less than they are purchased for
What are capital gains/ losses?