Chapter 7- Investing and Estate Planning

A person or institution named to manage assets on behalf of beneficiaries

A share in the ownership of a corporation

Spreading risk by putting money in a variety of investments.

In lieu of dividends, some companies reinvest back into the business.

NASDAQ lists securities of less than 3,000 companies worldwide.

Companies use this type of stock to raise capital for expansion.

A certificate of debt issued by a corporation or government

Mutual funds are managed by professional investors.

This stock has equal voting rights and receives dividends declared by the company.

People or groups who are listed in a will to receive assets

Stocks not listed on securities exchanges can be bought and sold over the counter.

You should select investments to meet your financial goals and objectives.

A market in which there is a sense of optimism encouraging more investment

Google pays annual dividends however, Proctor & Gamble does not.

A legal document stating a person's wishes after death

Investments are insured up to $250,000.00 by the FDIC.

These occur in two markets: the primary market and the secondary market

One advantage of investing for a long-term goal is to have money in the near future.

All earnings from investments are tax exempt

The ease with which an investment can be converted to cash is

The status of a person who dies without a will

A contract with an insurance company providing for regular income

A portion of a company's earnings that is paid to stockholders

A stockholders written authorization to have someone else vote on their behalf.

The government agency that regulates the securities industry is the

An arrangement through which a person can transfer assets to a trustee

A prospectus list contains

A document that explains, changes, or deletes provisions in a will

Also known as a health-care directive

How many rolls of toilet paper are sold a year?

A stock split has occurred at least once in every major U.S. corporation.

The price of common stock varies more than preferred stock.

A person who dies without a will is said to have died

A period of uncertainty and falling stock prices

Also known as a "basket" of securities.

Who made "MySpace"?

Stockholders are responsible for a company's debit if the company goes out of business.

Both investments and cash gain value quickly during times of inflation.

Inflation

Stockbrokers are licensed through the

Typically, this stock does not increase in value as much as others.

EPS are the total corporate earnings, after taxes, divided by total shares.

The net asset value is a mutual fund's assets plus its liabilities.

The secondary market where securities are bought and sold through stockbrokers

A retirement account that is not tax deferred is a(n)

On a scale of 1-10 how good are we at making Quizs?

An individual may deduct this from their income taxes.

The assets and liabilities a person leaves upon their death

When you move retirement savings from one qualified account to another without penalty, you are

A retirement account that is tax deferred is a(n)

A living will sets out specific instructions for your medical care and life support.

The legal process of concluding the affairs of an estate

In general, you purchase more stocks when the price is low and fewer when high.

When you buy a bond, you are making a loan to the corporation or government.

The individual appointed by the deceased to carry out the terms of the will

Purchasing a financial product or valuable item with the goal of making money is

When your share prices rise, the total value of your shares decrease.

Stocks listed on the NYSE use one, two, and three ticker symbols.

A legal document giving a detailed description of a security

An order instructing your broker to buy and sell a stock at the best price is a