Stocks
refers to the collection of stocks that can be bought and sold by the general public on a variety of different exchanges.
What is the Stock Market?
These are known as fixed-income investments.
What is a bond.
A signature on the back of a check.
What is an endorsement?
What allows you to accumulate interest on funds you’ve saved for future needs.
What is Saving Accounts?
These are managed by professionals.
What are mutual funds?
A person who owns a share of a stock/company.
What is a stockholder?
There are also funds to the government They are maybe sold to another investor They are exempt from state and local income taxes.
What are T-Bonds?
A sum of money set aside on which interest is paid.
What is principal?
Interest rates can be compounded on a daily, weekly, monthly, or ______ basis
What is annual?
Some or most of the money is invested in individual bonds or other debt securities
What is Income Mutual Funds?
The largest stock exchange in the world, in terms of market capitalization (basically, the total value of all listed companies).
What is the New York Stock Exchange.
It is lending money to a corporation.
What is corporate bonds.
Interest earned on both principal and previously earned interest.
What is compound interest?
Savings accounts vary by monthly _______ fees, interest rates.
What is service?
Like a growth mutual fund but some of the money is basically invested in the government. Federal income tax is not taken out of the money made from the investment.
What is Tax Exempt Mutual Funds
Ownership in a company.
What is a stock?
Lending money to cities, states, and government-like organizations Such as schools, airports, police department.
What is Municipal Bonds?
A check issued against the bank's funds.
What is a cashier's check?
Method used to calculate interest, and minimum opening _______.
What is deposit?
Mutual Funds ticker ends in this letter.
What is X?
Define I.P.O
What is initial price offering?
Corporate bonds are lending money on interest. Stocks you are buying a portion of the company.
What is the difference between stocks and Corporate bonds?
A quick formula for computing how long it will take to double money invested at a given interest rate.
What is the Rule of 72?
Understanding the account’s terms and ________ will allow for a more informed decision on the account best suited for your needs.
What is benefits?
There is a pre-determined goal date on which the investment will be sold
What is Target Dated Mutual Funds?