The Fundamentals of Investing

The act of spending money on luxury items

The act of gambling with money or capital

The act of committing money or capital to an endeavor with the expectation of obtaining an additional income or profit (correct)

The act of saving money for retirement

To let your money work for you (correct)

To gamble with your money

To spend money on luxury items

To save money for retirement

Having a pension program

Maintaining your current lifestyle

Retiring early (correct)

Relying on social security

<p>Interest calculated on the initial principal and also on the accumulated interest</p> Signup and view all the answers

<p>It allows for the establishment of a large amount of money in the future</p> Signup and view all the answers