Risky investments

• Are meant to make small returns on investment
• May lead to a larger return on investment
• Are always long-term
• Involve checking accounts

All of these are benefits to high liquidity investments except

• A high rate of return
• Easily accessible 
• Can convert to cash when needed
• Less risky

Retirement accounts

• Guarantee a specific return on investment
• Are invested in mutual funds or diversified stocks
• Are highly liquid
• Have no penalty for taking out money from them early

A mutual fund is 

• An investment in a diversified group of stocks
• The money left over when reinvested into the company
• An account that guarantees a fixed rate of return
• Exclusively for retirement accounts

A bond may finance the needs of all of the following except

• Local governments
• The federal government
• Corporations
• Private companies

Which is the least risky?

• Stock
• CD
• Savings account
• Mutual fund

Don't put all your eggs in one basket best refers to which of the following pieces of advice

• Diversify your stock portfolio in order to reduce risk
• Invest in a single stock for the largest gain
• Take out as many loans as you can
• Don't hesitate when buying stocks

A corporation whose ownership is dispersed among the general public in many shares of stock which are freely traded on a stock exchange or in over the counter markets is considered

• Privately held
• Publicly held
• Stocked up
• A stock exchange

When you take out a mortgage, what are you putting up as collateral

• Your principal
• Your interest
• Your house
• Your down payment

A low-interest loan that doesn't need to be paid back right away is most likely a

• Mortgage
• Student loan
• Car loan
• Payday loan