click below
click below
Normal Size Small Size show me how
Pers Fin ch 11
Question | Answer |
---|---|
The use of your savings to earn a financial return is called ____________? | Personal investing |
What is the overall objective of investing? | earning money with money |
Some reasons for investing are ____________, to supplement earned _________, make a _________, minimize _____ burdens, provide income for ____________, stay ahead of ___________. | emergencies, income, profit, tax, retirement, inflation |
A rise in the general level of prices is called __________. | inflation |
What are the six wise investment practices? | define your financial goal, go slowly, follow through, keep good records, seek good investment advice, keep investment knowledge current |
What is partial ownership of a corporation called? | stocks |
What are debt obligations? | bonds |
What is it called if you buy shares in a large, professionally managed company who invests in many different securities? | Mutual funds |
What is a security? | Stock |
What are houses and land examples of? | Real Estate |