Dave Ramsey Chapter 8 Review - Part 1 Flashcards

1

The process of setting money aside to increase wealth over time for long-term financial goals.

2

As there is more liquidity, there is typically less return.

3

Investing allows your money to work for you.

4

A risk-management technique that mixes a wide variety of investments within a portfolio.

5

Account in which a person puts his money for long-term growth.

6

Used by investors to compare the expected return of an investment to the amount of risk taken.

7

Never invest using

8

Refers to assets that can be easily bought or sold, turned into cash.

9

With virtually all investments, as the risk goes up, the potential return goes down.

10

Basic rules of investing include

Dave Ramsey Chapter 8 Review - Part 1