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Pers Fin ch 14

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