PF Strand 7

The goal is to buy an asset that you believe has the potential to increase in value over time.

The best time to start investing is after working on a job full-time for at least five years.

Rich people have their fortunes by winning the lottery or inheriting a large sum of money.

A system where the public can buy or sell stock shares.

Who regulate the U.S. Stock Markets?

Earning interest on earned interest PLUS the principal amount

Something of value that can be changed into cash

3 steps to build wealth include: Have $$ to invest, Make a plan, & Put $$ to work by investing.

Which one of the following types of investments has the highest risk?

Which Tax Deferred Retirement Plan do you not pay taxes on until you start making withdrawals?

An asset is something owed to another person; and takes money out of your pockets.

Which statement below is true about mutual funds?

Sean can invest in a retirement fund because he earns income from his summer job.

Minors have to wait until they are adults before they can buy stocks and bonds.

Provides earnings, such as monthly interest, quarterly dividends, or rent payments

Spreading your money among different savings and investments is known as...

What is the historical long-term annual average rate of inflation?

Which one of the following options is most likely to grow at a rate higher than inflation?

Which one of the following is not an example of investing?

The basic rule of a risk-to-return relationship is that?

What investment rule is used to give you how many years it takes for your investment to double?

The time value of money can best be explained using which one of the following?

If you buy Hershey stock, you can vote on the types of chocolate that will be produced.

The fee paid to a broker or brokerage firm to execute a trade..

Which one of the following types of investments has the lowest investment risk?

Seek the assistance from a financial advisor when having a broker buy stocks and bonds.

Given the 1.3 % APY, which option will earn the most interest over three years?