Investing- Dave Ramsey

Front

What is the 5th foundation?

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build wealth and give

Front

A security that represents part ownership of a company

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stock

Front

When you are investing in a mutual fund, you are contributing to a pool of money that will be..

Back

invested in a mix of stocks and bonds

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diversification reduces your ________

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risk

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_______ is the process of figuring out how much money you will need in retirement and creating a plan to get there

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retirement planning

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investing your money earns you more money because of

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compound growth

Front

Roth IRA, 401(k), 403(b), 457 and SEP are all examples of

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retirement plans

Front

CD and money market accounts are both examples of investments with _______ risk and ______ returns

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low; low

Front

mutual funds are less risky and can outperform the stock market because...

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they invest in several companies at once

Front

the three components of compound growth are money, time and _______

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rate of return