Chapter 8: Investing and Retirement

If you own stock in a company, you can expect to receive a(n)

Federal agency responsible for collecting taxes and enforcement of the Internal Revenue Code

Which is a good investment option?

Single stocks and mutual funds carry the same amount of risk

Savings accounts and money-market accounts are most appropriate for:

Employee benefits packages:

Retirement savings will not have income tax upon withdrawal if you put it into

If you have financial trouble, borrowing against your retirement plan is a good option

Which is true about liquidity?

A reason that people need to save and invest is to:

You should start investing as soon as you have your college education funded

A savings plan run by a state designed to help families set aside $ for future college costs

Piece of ownership in a company, mutual fund, or other investment

Money markets are great for your emergency fund due to their liquidity and stability

Where sometimes employers match the employee contributions would be

Saving and investing have nothing to do with the amount of money you make

Money that is invested, either tax deferred or tax free, within a retirement plan

The benefit of diversification in your investments is:

The government agency responsible for regulating the stock market

Moderate risk for above-average growth

The last time the U.S. issued war bonds was during the Vietnam War

A savings account sold by an insurance company

When buying and selling investments, you should not:

Distribution of a portion of a company's earnings to its shareholders

Relationship of substantial reward compared to the amount of risk taken

You can start investing with a small amount of money

A retirement plan found in nonprofit organizations such as churches, hospitals, and schools

Quality of an asset that permits it to be converted quickly into cash without loss of value

Long-term investments, properly diversified, include the following mutual funds:

A diverse mutual fund will have investment dollars in just 1 of 4 different classes of assets

Good investment portfolios are extremely complex

New York Stock Exchange is the smallest organized stock exchange in the U.S.

Securities that represent part ownership or equity in a corporation

A list of your investments

If you leave a job you should roll over your retirement plan into another IRA into your new job