5 C's of Credit
What helps the borrower secure loans and gives the lender assurance, that the borrower will pay the money back?
What is Collateral
What is it that depends on how clear it is and if there is black or white inclusions?
What is Clarity
Charged when you buy into a fund
Front End
What refers to the credit history of the borrower?
What is Character
What depends on the size and weight of the gem/diamond?
What is Carat
A managed fund that pools money from shareholders to invest in securities
Mutual Funds
What decides the interest rate and amount of principal?
What is Conditions
What depends on how many facets the gem has?
What is Cut?
Safe, risk free, short term
Money Market Funds
What is the money that the borrower can put down towards a down payment?
What is Capital
What depends on how clear white the gem is?
What is Color
Meant to imitate indexes
Index Mutual Funds
What measures the borrower's ability to repay a loan by looking at the borrower's debt to income ratio?
What is Capacity
Stocks, bonds, money market, cut risk through diversification
Balanced Funds