Scams
A dishonest scheme to fool someone into paying for something that they believe exists or is as advertised.
What is a scam?
A symbol for the company in a stock market made up of 3-4 letters.
What is a ticker?
A con of a private business.
What is time-consuming?
Life insurance, Property insurance, Liability insurance, etc.
What are the different types of insurance?
Fundamentals of effective money management.
What is budgeting and saving?
Scam calls are normally made by people from/in this country.
What is India?
Number of outstanding shares times the price of the shares equals this.
What is the market cap?
An entrepreneur is someone who is willing to take a this in order to look for business opportunities.
What is a risk?
A contract, represented by a policy, in which an individual or entity receives financial protection or reimbursement.
What is insurance?
These have to be realistic, specific, measurable, and within a time frame.
What are personal finance goals?
Scammers use this tactic to steal your money instead of catching fish.
What is phishing?
There are approximately 10,000 - 20,000 of these in the U.S. stock market.
What are companies?
One pro and one con of a public business.
What are advertising and lawsuits?
Someone who receives money if an insured person dies.
What is a beneficiary?
These are some of the expenses that budgeting includes.
What is monthly net income, monthly fixed and flexible expenses?
Scam callers normally pose as this type of business in order to gain details about your credit card without seeming suspicious.
What is a bank?
The trend lines connecting the highest points of a candlestick graph.
What is resistance?
The benefit missed when choosing one option over another.
What is opportunity cost?
The amount of money charged by your insurance company for the plan you've chosen vs a set amount you have to pay every year toward your medical bills before your insurance starts paying.
What is premium vs deductible?
If you bought a rental apartment, these are some of the expenses you have to consider.
What is rent, renter's insurance, and transportation costs?
If this set of letters precedes a URL, the website you are visiting is most likely not a scam.
What is http/https?
The oldest stock exchange in the world.
What is the DOW?
When a business is in the red zone, it is this, and when a business is in the black zone, it is this.
What is losing and making money?
Auto insurance is based on this.
What is risk and loss?
Use 50% of your income for needs, 30% for wants, and 20% for savings and debt repayment.
What is the 50/30/20 rule?