| 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 |
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