Guest Speakers
This notable Wealth Club figure famously upheld assets over liabilities
What is Mr. Hines?
This type of account is typically used to save for retirement and offers tax advantages.
What is IRA?
This term refers to anything owned that has monetary value and is expected to provide future benefits.
What is an Asset?
This type of investment allows individuals to pool their money together to invest in a diversified portfolio of stocks, bonds, or other securities.
What is mutual/index fund
This year was the most recent stock market crash.
What is 2020 or
What is mowing lawns
This is the central bank of the U.S., responsible for regulating monetary policy.
What is the federal reserve?
This term refers to the cost of borrowing money, usually expressed as a percentage
What is Interest?
This type of investment is a loan made to a corporation or government entity, where the investor receives FIXED interest over a set period
What is a bond
What is Alexander Hamilton?
Ted Leonsis was the Vise Charmain and President of this major tech company
What is AOL?
This term refers to an investor's mix of assets, such as stocks, bonds, and cash, to balance risk and return.
What is a diversification?
This term refers to the total amount of money you earn BEFORE taxes and deductions.
What is Gross Income?
This rule refers to the percentage allocations of your income into needs, wants, and savings/investments
What is the 50/30/20 rule
The 1929 stock market crash led to this decade-long economic downturn.
What is the Great Depression
This guest speaker founded a company that is based upon distribution of data for sales and marketing teams.
Who is Manoj Ramnani?
These financial figures tend to rise during periods of high inflation and fall during economic slowdowns.
What is interest rates?
This acronym refers to aggressive saving and investing to retire earlier than normal.
What is FIRE?
This financial metric is used to analyze the profitability of an investment, calculated by dividing the net income by the investment's total cost
What is ROI (Return on Investment)
List at least 2 things caused the 2008 financial crisis.
What is the failing house market and risky lending.
This was the first major job of Youssef kassim after graduating from UPenn.
What is Goldman Sachs?
A financial event where a company raises capital by selling shares to the public for the first time.
What is an initial public offering (IPO)?
This tax form is used for personal federal income tax returns filled by US citizens.
What is Form 1040?
This is the term that describes the increase of the value of an asset that has not yet been sold
What is unrealized gains
This is the name for the infamous 1987 market event, triggered by programing trading and panic selling that caused a major drop in the U.S. stock market.
What is Black Monday