Stocks
When stocks are on the rise, it is known as what type of market?
A Bull Market
Bonds are broken into three categories. What are they?
Corporate Bonds, Municipal Bonds (local and state), and Treasury Bonds (federal government)
What does IRA stand for?
Individual Retirement Account
Who contributes to a 401k?
The employee & employer
What is a dividend?
The distribution of earnings among stockholders
Why do companies sell bonds?
To expand and invest
What type of IRA allows you to withdraw your money tax-free?
A Roth IRA
What is usually the lowest age that you can withdraw from your 401k without penalty?
59.5
What types of stock are considered "Blue Chip"?
Companies with more then a billion in revenue
The amount that the lender will receive when the bond matures is known as?
Par Value
Which type of IRA requires you to make less than $140,000 a year in order to contribute?
A Roth IRA
When withdrawing from your 401k prior to retirement, what penalties are you subject to?
10% fee on the withdrawal amount plus tax
When discussing stocks, what would it mean if someone were to say "50 to 1"?
For every one dollar that the company earns , the stock market price is $50.
What is the formula for calculating the yield of a bond?
Yield = Amount paid over the year divided by the bonds current price
Who can open an open an IRA account?
Anyone! (With earned income)
What is the limit on the 401k contributions in 2022?
$20,500