Savings
Money set aside in a bank account for emergencies and short term financial goals.
What is Saving?
An account set up that allows someone to save for retirement.
What is an IRA?
Putting money into assets with the goal of generating income or growing wealth.
What are Investments?
A pooled collection of diversified assets that invests in stocks, bonds, and other securities.
What is a Mutual Fund?
This species of bird has won two wars against Australia.
What is an Emu?
Interest paid on principle and interest already earned.
What is Compound Interest?
Tax-deferred retirement plans offered by employers which are often contributed to by employers.
What is a 401K/403B?
A share of ownership in a company.
What are Stocks?
Money earned on an investment, expressed as a percentage rate.
What is Rate-of-Return?
Although native to South America, these birds can now be found in the wilds of New York City.
What is a Monk Parakeet?
A security issued by a government or corporation to raise money that promises to pay back at a set maturity date.
What is a Bond?
Type of individual retirement account which offers no tax break up front, but money withdrawn after retirement is tax-free.
What is a Roth IRA?
The possibility you may lose some or all of an investment.
What is Risk?
A measure of how quickly an asset can be turned into cash.
What is Liquidity?
With several varieties weighing less than a coin, this species of bird is the smallest in the world.
What is a Hummingbird?
A low risk bank investment that guarantees a fixed rate of return after a set period of time.
What is a Certificate of Deposit?
An employer-funded retirement plan that pays a set amount every month after retirement.
What is a Pension?
To spread investments out over many different types to reduce risk and withstand changing market conditions.
What is Diversification?
A raw material or primary agricultural product that can be bought and sold, such as copper or coffee.
What is a Commodity?
This flightless bird has been known to kill humans.
What is a Cassowary?
A bank account that combines a savings and checking account and pays interest.
What is a Money Markey Account?
What is an Annuity?
A portion of company profits that are periodically paid out to shareholders.
What is a Dividend?
Several exchanges in which shares of publicly held companies are bought and sold.
What is the Stock Market?
The stomach acid of this bird is more potent than the acid found in car batteries.
What is a Turkey Vulture?