Saving & Investing

Question 0

To bump up the amount you’re saving and investing

Answer 0

Windfalls

Question 1

Buying something with the expectation that it will make you money

Answer 1

Investing

Question 2

As interest is added to the account balance you earn interest on the original balance

Answer 2

Compound interest

Question 3

The actual return on an investment when compound interest is taken into account

Answer 3

Annual percentage yield

Question 4

silently steals your spending power

Answer 4

Inflation

Question 5

Item of value that can be converted into cash

Answer 5

Asset

Question 6

You buy stocks and bonds through a broker

Answer 6

Broker

Question 7

You seek advice from IA when you want to help in making investing decisions

Answer 7

Investment advisor

Question 8

Shareholder

Answer 8

Owning a stock

Question 9

When you buy a stock you are providing money to a company to use to run the business

Answer 9

Stock

Question 10

Depositing money into a financial institution for safe keeping

Answer 10

Saving

Question 11

Systems established to trade shares of stocks ( NYSE ) ( NASDAQ )

Answer 11

Stock exchange

Question 12

invests in variety of stocks and or bonds to meet a specific investment objective

Answer 12

Mutual fund

Question 13

When you fill out multiple college or job application

Answer 13

Diversification

Question 14

Investing a set amount of money each month or at other regular intervals

Answer 14

Dollar cost averaging

Question 15

401 (k) Plans

Answer 15

Employer sponsored plan

Question 16

Invest for long-term goals while getting the benefits of tax free growth and compounding

Answer 16

IRAs

Question 17

an amount paid in cash or shares of stocks based on the amount of stocks shares owned

Answer 17

Dividend