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Pers Fin ch 14
Question | Answer |
---|---|
Diversification, professional management, and small initial investments describe what kind of fund? | Mutual fund |
What fund has many categories of funds to choose from? | Mutual fund |
Long-term stability, growth in value, and hedge against inflation but difficult to sell describes what? | Real Estate |
What are the 5 types of mutual funds? | Growth, income, balanced, global, and index |
_______ funds invest in the common stock of smaller companies that have greater potential. | Growth |
_______ funds invest in the common stock of established companies and industries and specializes in income-producing securities which consistently pay good dividends. | Income |
_______ funds invest in a mixture of stocks (preferred and common. | Balanced |
_______ funds purchase international stocks and bonds as well as US securities. | Global |
_______ funds hold stocks that react as the same as the stock markets as a whole do. | Index |
What are the 4 types of real estate? | Vacant land, single family homes, duplexes and apartments, and recreation and retirement property |