Investing
Define investing
Google Definition: to expend money with the expectation of achieving a profit or material result by putting it into financial plans, shares, or property, or by using it to develop a commercial venture.
In the past 12 months, are stocks value's generally up or down?
down
Define commodities
Raw material (ex. oil, gold)
Who is the RBC President?
Stephen!
How many years must a sum be invested for it to be considered a long-term investment
5 years
What is a ticker symbol?
Code to identify a stock
What are index funds?
A group of stocks that you invest in that replicates the total move of the market (Examples: S&P 500 Index & Nasdaq-100)
Who is the RBC advisor?
Mrs. Fox!
Define dividends
money that a company pays out to shareholders when they make a profit
What are shares?
Pieces of a company
Give two examples of ways to invest in real estate
What room did we meet in at our first meeting?
211
Why is long term investing more profitable than day trading?
Minimizes the chances of severe losses, money stays invested for a long time, etc.
What is Apple Inc.'s ticker symbol?
AAPL
What is a mutual fund
Your money is pooled together to purchase a variety of securities, increasing diversification and minimizing risk
What is the largest interest club at Ridge?
BUSINESS CLUB!
Provide two examples of brokerage accounts
SoFi, M1 Finance, Fidelity, First Trade, TD bank, etc.
Define NYSE and state when the NYSE opens
9:30 AM weekdays
Define bond
A loan to company or government that grows in value
Name every RBC officer and their position
President: Stephen
VP: Matt
Board members: Sumi, Orion, Justin, Pranav, Dan