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Intro to Investing

Quiz yourself by thinking what should be in each of the black spaces below before clicking on it to display the answer.
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Term
Definition
Back-End Load   fees paid to the mutual fund company when selling a mutual fund  
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Front-End Load   fees paid to the mutual fund company as an entry requirement into certain mutual funds  
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Dividend   a payout of profits by a company to all shareholders  
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Expense Ratio   a way to compare funds; the annual percentage a mutual fund takes as payment  
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FDIC-Insured   money insured by the government  
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Inflation   rise in prices that effectively makes cash have less buying power over time  
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No-Load Fund   a mutual fund that charges no front-end or back-end load fees  
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Savings Account   a safe, low-return investment available from banks  
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Yield   the percentage of interest earned annually; the annual dividend divided by the share price  
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