Personal Finance Chapter 8

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

A mutual fund portfolio that is properly diversified will have all investment $$ in one area.

Company X's board of directors has decided to issue a portion of earning to shareholders, 

Employee benefits packages:

If you leave a job and have money in a retirement, always roll over to an IRA.

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

Sometime employers match employee contributions in this but even if they don't you should

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

If you get into financial trouble, borrowing against your retirement plan is a good option.

Which statement is true about liquidity?

You can start investing with a small amount of money.

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

Federal agency responsible for collecting taxes.

War bonds are used to finance military operations during war time, last one was during Vietnam.

A list of your investments

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

A young investor willing to take moderate risk for above average growth would invest in

Which of the following statements is false?

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

The government agency responsible for regulating the stock market.

The benefit of diversification in your investments is:

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

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

A savings account sold by an insurance company is called a(n)

Which type of retirement savings will not be subject to income tax upon withdrawal

Securities that represent part ownership or equity in a corporation.

Quality of an asset that permits it to be converted quickly into cash.

When buying and selling investments, you should not:

Relationship of substantial reward compared to the amount of risk taken

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

Which of the following is a GOOD investment option?

Good investment portfolios are extremely complex.

Single stocks and mutual funds carry the same amount of risk.