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BBI2O Unit 4 Savings and Investment Flashcards | StudBud

Explore/BBI2O Unit 4 Savings and Investment

It is a bank account that pays you interest when you leave money in the account

one advantage of stocks is

BBI2O Unit 4 Savings and Investment

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Investment Vehicles: advantages and disadvantages #grade10introductiontobusinessclass

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Questions 10

Answers

1
one advantage of stocks is
usually outperform other investments over time
managed by professionals
investment income is tax sheltered
covered by insurance
2
It is a bank account that pays you interest when you leave money in the account
Savings Account
Overdraft Protection
Chequing Account
Line of Credit
3
one disadvantage of a G.I.C. is
can be quite volatile
service charges
selling early may results in a penalty
not guaranteed
4
The idea that potential gain from an investment may also increase the chance of losing
return and rerun
risk versus return
return versus profit
Ponzi scheme
5
A G.I.C. is a ____________ investment.
Low Risk-Low Return
Low Risk-Medium Return
High Risk-High Return
Medium Risk-Medium Return
6
The fund managed by an expert who invests in various securities like stocks, bonds, options.
fun fund
mutual fund
executive fund
inclusive fund
7
A Canada Savings Bond is
registered investment plan with the government
can be purchased at a local government office
a loan to the government for short or long term
a guaranteed investment for short or long term
8
one advantage of a savings account is
may appreciate in value
usually outperform other investments over time
easy access to money
managed by professionals
9
One disadvantage of a Mutual Fund is
low interest rate
high risk
management fee
return is often low
10
You are essentially lending money to a business or government
Mutual Fund
R.E.S.P.
Bond
Stock