What is a passively managed fund or an index fund?
100
The first step to being successful in your investing future.
What is setting goals.
100
72 divided by the rate of return.
What is the number of years it takes an investment to double.
100
Rate of return or interest rate.
What is r?
100
A 6% laod on a $3,500 investment.
What is $210?
200
Fund that aims to beat the market.
What is an actively managed fund?
200
A well-stated goal is measurable in these two ways.
What is performance and time?
200
The ability to tell quickly how long a given investment will take to double, or what rate is necessary to double an investment in a certain number of years.
What is the purpose of the Rule of 72?
200
Amount or future value of an investment?
What is A or FV?
200
The percentage fee if a load is $900 on a $5,000 investment.
What is 6%?
300
Fund focused on investments from a certain industry, such as utilities or technology.
What is a sector fund?
300
An organized representation of your investing goals and how you will take action to achieve.
What is a personal investment plan?
300
How many years it will take to double an investment of $10,000 if the interest is 3.5%
What is 20.57 years?
300
Initial or starting investment.
What is P (for principal)?
300
Joe earns $500 from a job, $200 from babysitting his neighbors, and $650 from birthday and holiday gifts. If he invests it all at 4% for 10 years, the future value is...
What is $1,998.33
400
Abbreviated as ETF, this is a type of fund that trades like a stock.
What is an exchange traded fund?
400
A strategy to avoid the common mistake of saving what is "leftover" after expenses.
What is Pay Yourself First?
400
The interest rate that will be necessary to double a $1,000 investment in 15 years.
What is 4.8% or higher?
400
Number of years an amount is invested.
What is Y or t?
400
A $10,000 investment at 5%, compounded annually. After 15 years, it will become...
What is $20,789.28
500
The major difference between a front-end and back-end load.
What is when they are paid? (Front-end at purchase, Back-end at sale.)
500
Two strategies that allow you to make the most of your investing.
What is taking advantage of paid opportunities and scheduling special savings time?
500
A $3,500 investment at 6% interest will double in 12 years. To double an investment of $7,000 in the same amount of time, how will the rate change?
What is it won't?
500
Formula for compound interest.
What is A = P (1+r/n)^nt or FV = P (1+r/n)^Yt
500
A $3,000 investment at 3% compounded quarterly for 20 years. The future value is...