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Duplicate of Personal Finance Theme 5 Flashcards | StudBud
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Duplicate of Personal Finance Theme 5
Duplicate of Personal Finance Theme 5
17 terms
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Saving, Investing, & Retirement
Flashcards
17 cards
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Questions
17
Answers
1
Investment that represents partial ownership of a corporation.
Certificate of Deposit
Stocks
401k
Diversification
2
An investment where a group of people pool their money and then is invested by a manager.
IRA
Money Market
Mutual Fund
401k
3
Total value of everything you own including savings and investments.
401k
Income
Stock Bonding
Wealth
4
An investment for retirement thats set up by your employer.
Savings
Stocks
Rate of Return
401k
5
Regular savings account at a bank that can be used at any time without penalty.
Currency
Savings Account
Certificate of Deposit
Insider Trading
6
Savings at a bank that cannot be withdrawn before a specific time without paying a penalty.
Certificate of Deposit
Mutual Fund
Currency
Savings Bond
7
Amount earned on an investment.
Real Rate of Return
401k
Profit
Savings
8
Likelihood that a business or government will not be able to return your money.
Profit
Financial Risk
Liquidity
Interest
9
What does IRA stand for?
Individual Research Accounting
International Retirement Account
Individual Retirement Arrangement
International Retirement Administration
10
The money you receive for your labor.
Savings
Income
Investment
Wealth
11
The ease with which an investment can be converted to cash.
Liquidity
Interest
Inflation
Financial Risk
12
Money set aside to be used for future purposes.
Savings
Investment
401k
Reserve
13
Income that is taxed at a later date.
Tax-Exempt Income
Liquidity
Tax-Deferred Income
Capital Gain
14
Absence of spending
Income
Savings
Risk
Liquidity
15
A tax deferred retirement account that is set up through an employer.
IRA
403b
Both A and B
401k
16
When it comes to investing you should “keep it _____.
secure
safe
simple
stable
17
A risk management technique that mixes a wide variety of investments within a portfolio.
Diversification
Rate of Return
Financial Risk
Assortment