Money in Review Chapter 8 Flashcards

A retirement savings plan offered by a corporation to its employees

Account or arrangement in which one would put their money for long term growth

Process of setting money aside to increase wealth over time

<p>Tax-deferred arrangement for people with earned income; people retirement arrangement</p> Signup and view all the answers

<p>Quality of an asset that permits it to be converted quickly into cash without loss of value</p> Signup and view all the answers

<p>Pool of money managed by an investment company and invested in multiple companies</p> Signup and view all the answers

<p>A list of your investments</p> Signup and view all the answers

<p>Degree of uncertainty of return on an asset</p> Signup and view all the answers

<p>A piece of ownership in a company, mutual fund, or other investment</p> Signup and view all the answers

<p>Putting off compensation; only available to government employees</p> Signup and view all the answers

<p>Quick way to calculate length of time it will take to double your sum of money</p> Signup and view all the answers

<p>Non-profit like church, school, and hospitals</p> Signup and view all the answers

<p>Practice of dividing the money a person invests between several different types of investments to lower risk</p> Signup and view all the answers

<p>Taken from gross income before taxes</p> Signup and view all the answers

<p>Taken from net income after taxes</p> Signup and view all the answers

<p>False</p> Signup and view all the answers

<p>False</p> Signup and view all the answers

<p>Growth, growth &amp; income, international, aggressive growth</p> Signup and view all the answers

<p>Mutual funds</p> Signup and view all the answers

<p>Less liquid the investment, the less return. The more liquid an investment, the more return</p> Signup and view all the answers

<p>Because you need to be able to pay the borrowed money back in the long run</p> Signup and view all the answers

<p>Used by investors to compare expected return of an investment to the amount of risk they take to get the return</p> Signup and view all the answers

<p>Single stocks have less diversification and mutual funds have more, which makes single stocks riskier.</p> Signup and view all the answers

<p>False</p> Signup and view all the answers