PFL Unit 5 - Investment/Retirement

A legal document in which you state if you want to be kept alive by artificial means

Which type of mutual fund will typically have a lower expense ratio/fee?

Spreading your assets among several different types of investments

An investment alternative - investors pool their money to buy stock, bond, and other securities

A type of retirement savings plan funded by a portion of your salary 

Which of the following asset allocations for a 401k would have the highest risk?

The status of not having a valid will when you die

The legal procedure of proving that a will is valid or invalid

A package of protection that provides benefits to retirees, survivors, and disabled persons

A detailed plan for managing personal assets to make the most of them while you are alive /dead

Which retirement account do you pay taxes before your contribution and allows you to withdraw early

A request to buy a stock at the current market value

Income from investing.

A special account - a person saves a portion of income for retirement. Not employer sponsored.

Person who is willing and able to perform the tasks involved in carrying out a will

The profit from the sale of assets such as stocks, bonds, or real estate

A legal declaration of a person’s wishes regarding disposal of his or her estate after death

The potential for loss.

A person who is named to receive a portion of someone’s estate

Market condition that occurs when investors are optimistic about the economy and buy stocks