Ramsey Classroom Chapter 12- Investing and Retirement

The three components of compound growth are money, time and _________________.

Diversification reduces your __________ by using a mix of investment types in your portfolio.

Mutual funds are less risky and can outperform the stock market because . . .

When using a Roth plan, you invest your money after paying taxes, and the investment grows tax-free.

Investing your money earns you more money because of . . .

You can build a legacy you'll be proud of by . . .

When you're retired, you'll still have to pay taxes.

What is the 5th Foundation?

Never _____ something you don't _____.

Usually, the more liquid an asset is (like cash in the bank), the less return you can expect.

When donating money, you should always . . .

When you invest in a mutual fund, you are contributing to a pool of money that will be . . .

If you're over the age of ___, you need a will.

A security that represents part ownership of a company is called a(n) _____________.

Roth IRA, 401(k), 403(b), 457, and Simplified Employee Pension are all examples of ______________.

______ is key when it comes to compound growth.

Social Security benefits are meant to ________ your income.

____________ is the process of figuring out how much money you'll need in retirement and creating a plan to get there.

You should wait to be generous until you have money to give.

_______ is the cure for ________.

Be aware of any ______ you might receive, but don't bank on it as a key part of your retirement plan.

When you invest, your goal is to earn a negative rate of return on investment.

What does "bull and bear" reference?

When riding the highs and lows of the stock market, remember . . .

Before you invest, you should make sure a mutual fund has done well for 5-10 years.

It's okay to borrow money from your retirement account, but don't borrow money to invest in it.

Never invest your money in ______ because it/they are extremely risky.

Live like no one else now, so later you can live and ____ like no one else.

Why might someone choose to diversify their investments?

Certificates of deposit & money market accounts are both examples of investments with _________ risk & _________ return.