Personal Finance Exam 5 Review

Blended mutual funds feature

The net asset value per share of a mutual fund with $2 million in assets and 125,000 shares is

An example of a stock market index is the

If your employer matches 5% of retirement contributions, you should at least contribute

What is the maximum someone under 50 can contribute to a 401(k) annually?

Social security alone is enough to live on in retirement for most

A large cap company is one that

Roth IRAs defer taxes until retirement

This type of retirement account is typically offered at nonprofits and universities

This type of mutual fund invest exclusively in stocks

Diversification is made accessible to many through the use of

A ________ mutual funds invests in both equity and other assets like bonds

______ allocation is the mix of assets in one's portfolio

An example of a stock exchange is the

The mutual fund you choose will depend on

Stocks in companies that perform well relative to their price are considered

Which of the following is true of an open end mutual fund?

Shares of this type of investment can be reedemed by shareholders

Which of the following can you invest in within a self-directed retirement account?

Those that expect to be in a higher tax bracket in retirement should always go with a traditional IRA