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Chapter 13 Review Flashcards | StudBud
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Chapter 13 Review
Time Horizon
Volatility
Chapter 13 Review
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1
Volatility
A rollercoaster at Six Flags
The rate at which an asset's price changes over time.
2
Time Horizon
How long it takes for Mrs. Marty to stop lecturing.
The amount of school left.
Length of investment period
3
Diversification
Eating a lot of different types of food.
Spreading investments across different assets to reduce risk.
Dating a lot of people so you're never bored.
4
Risk
Talking back to your parents and/or teachers.
A game about countries
The probability of incurring losses relative to the expected return.
Calling an ex.
5
Power of Attorney
The guy who gets your speeding ticket dropped
A legal document that allows someone to act on your behalf.
6
Bonds
One of the best roided up baseball players in history
A debt security issued by a government, corporation, or municipality......
7
Dividends
A payment from a company to shareholders, giving them a portion of earnings
Dividing numbers in math class.
8
Liquidity
The contents of a puddle
What's inside a soda can
Access to funds for immediate needs
9
Capital Gains
The increase in value of an asset
Lifting weights at the capital.
10
Mutual Funds
An agreement to go Dutch for dinner.
A company that pools money from investors and invests in stocks, bonds etc
11
Living Will
A legal document outlining wishes for end-of-life medical treatment.
William Shakespeare
12
Estate Planning
Decorating a house for an episode of Cribs...do you even know what that is?
The process of arranging how your assets will be managed and distributed
13
Return
Taking back shoes that don't fit
Bringing your graduation form back to the office.
Profitability of an investment
14
Stock/Share
Giving something to someone else
A piece of ownership in a company
15
Will
A legal document that outlines how you distribute your assets after you die
The guy who plays Elf
16
Portfolio
A collection of an artist's work.
A highly infectious viral disease caused by the poliovirus
A collection of investments held by an individual or organization.
17
Living Trust
Trusting that your parents will keep you alive until 18
A legal arrangement that manages assets for the grator and beneficiaries
18
Pension Plan
A retirement savings and investment plan, typically offered by employers.
Something an old person gets