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Pers Fin ch 14

QuestionAnswer
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
Created by: kimmydawn