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Pers Fin ch 11

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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Question
Answer
The use of your savings to earn a financial return is called ____________?   Personal investing  
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What is the overall objective of investing?   earning money with money  
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Some reasons for investing are ____________, to supplement earned _________, make a _________, minimize _____ burdens, provide income for ____________, stay ahead of ___________.   emergencies, income, profit, tax, retirement, inflation  
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A rise in the general level of prices is called __________.   inflation  
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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  
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What is partial ownership of a corporation called?   stocks  
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What are debt obligations?   bonds  
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What is it called if you buy shares in a large, professionally managed company who invests in many different securities?   Mutual funds  
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What is a security?   Stock  
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What are houses and land examples of?   Real Estate  
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Created by: kimmydawn
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