Financial Literacy Mid-Term Review 2nd Semester Flashcards

1

A refundable amount paid in advance to protect the owner against damage or non-payment.

2

What is the first step to wise investment practice?

3

What is the first stage in the investing process?

4

Who is a tenant?

5

Stock prices have been rising which would best describe the current market?

6

What type of risk are income funds?

7

What is the largest stock exchange in the US?

8

What does NAV standard for?

9

A legal document that offers securities or mutual funds for sale is called?

10

What rule do you use to see how many years it will take you to double your investment?

Financial Literacy Mid-Term Review 2nd Semester