General Financial Literacy

A technical _______________ market is a market that is down 20% from it highs & trending down

Martha Stewart was accused of insider trading but went to jail for 

Which five c's of credit -you total up your debt service & divide it by your income to get a %

Financial Literacy education has positive outcomes for those that receive & act on it.

It is much better to start investing while young with small amounts of $ than to wait   

50/100/50 means that 

The rule of 72, compounding interest, and or the time value of money means

A way to diversify your investments by pooling investor's monies into a fund passive or active

_____ is a strategy that firms use to minimize the price exposure of a commodity they use alot 

Commodities are things such as agricultural products - Forex is 

A ___________________stock give you back dividends and dividend priority, but no voting rights.

______________ is a type of self insurance or retaining risk - you transfer less

This is a type of life insurance that is good for a set amount of time, and then it lapses

Most stocks & bonds are traded in Chicago, while commodities & precious metals trade in NYC, NY

What is the difference between an ETF and a mutual fund?

The Federal Reserve Bank - our central bank - sets all banks & credit unions prime lending rate

A captive agent sells for many independent companies while a broker can just sell for one  

The DJIA or the Dow Jones Industrial Average is a leading index of 60 large US stocks

A  loan for a fixed amount, at a fixed rate, for a fixed period of time

If you want to $ successful, one should live below your means, wisely invest 10%, PYF, and ____

Bernie ___________   ripped a lot of people off- somewhere around 15/20 billion before returns

Open outcry-two live people meeting on the trading floor is how most financial products trade

A  stock ______  is when the company has to keep your ownership % the same & issues more shares

A credit card is best known as _______________ credit

The SEC and FINRA are the bodies, one governmental and one industry, that regulate

The risk/return principle states the lower the risk the lower the return & higher risk

A ______________ is the person that receives the proceeds of a life insurance policy.

People have different values and attitudes when it comes to money.

In 2005 Congress revised the bankruptcy laws in the US.

A ponzi scheme is one where _____________...

A _______________ market is a market that is trending upwards in value over time.

A ________________ is a payment made a firm to stock holders

___________________  is the ability to buy now and pay later.

The five c's of credit are 

The transfer of risk from an individual or firm by a contract to a company is called 

owning a home for most of US population has turned out to be a good idea - the home is an asset

Some people due to  alot of$ or assets get additional liability insurance on their home & autos

The safest so called risk free investment is a T-bill, or Treasury Bill - what is a T-bill?

A _____________  is a fee at the time of service

A ____________ period is the amount of time you can pay insurance late without being cancelled

A privately owned firm/business decides to sell shares to the public for the first time this is

An APR is the 

A 30 year loan used for real estate and buildings

A very important concept in investing a way to spread or minimize your risk