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Financial Literacy Mid-Term Review 2nd Semester Flashcards | StudBud
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Financial Literacy Mid-Term Review 2nd Semester
What is the first stage in the investing process?
Who is a tenant?
Financial Literacy Mid-Term Review 2nd Semester
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Answers
1
Who is a tenant?
Person who owns the property
Person who rents the property
2
What is the first stage in the investing process?
Systematic
Put and take account
Strategic
Speculative
3
What does NAV standard for?
Net Acquisition Value
Net Asset Value
Net Allocation Value
Net Amount Value
4
What is the first step to wise investment practice?
Define your financial goals
Determine how much you want to invest
Find a financial advisor
Invest in the stock market
5
Stock prices have been rising which would best describe the current market?
Bear Market
Bull Market
6
What type of risk are income funds?
Low-to-high
Moderate- to-high
Low-to-moderate
7
A legal document that offers securities or mutual funds for sale is called?
Prospectus
Index fund
Load
8
What rule do you use to see how many years it will take you to double your investment?
rule of 72
rule of 52
rule of 2
rule of 22
9
A refundable amount paid in advance to protect the owner against damage or non-payment.
Security Deposit
Fee
10
What is the largest stock exchange in the US?
NYSE
NASDAQ
