Mutual funds
Allows large groups of investors to pool their money together to purchase investments
What is a mutual fund?
The main kind of crypto coin
What is Bitcoin?
A number you should consider when investing
What is price?
Type of interest that grows on itself
What is compound interest?
Can be exchanged for goods, services, and financial assets
What is money?
A benefit of buying mutual funds
What is diversification?
Advantages of investing in crypto
Decentralization and diversification
Reduces investment risk
Diversification?
93% of the wealthiest people own this
What is stock?
A share of ownership in a publicly traded company
What is a stock?
You pay this to the fund manger when you invest in mutual funds
Expense Fee
Needed in order to invest in crypto. This is where you store your cryptocurrency. It could be hot or cold.
What is a crypto wallet?
The type of company Twitter is now
What is private?
Retirement account that people can invest their money in at work
What is 401k?
A certificate of indebtedness, or IOU from a corporation or government
What is a bond?
The approximate average annual return for US stocks over the past 100 years
What is 6-8%?
An online website from which you can learn about crypto and other investment topics
What is Yahoo Finance?
A type of stock classified by paying its investors quarterly.
What is a dividend stock?
$67,521
What is the median family household income in America in 2020?
The index of 500 companies is the pulse of the stock market.
What is a the S&P 500?
Vangaards total market fund
VTI
Crypto coin that uses smart contracts
What is Ether?
A ratio that is used to compare the price of a stock with its earnings.
What is P/E ratio?
One of life's most valuable resources
What is time?
The initial sale of stock for a company, conducted in the market
What is an IPO?