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Pers Fin ch 11

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
Created by: kimmydawn