Junior Achievement: Unit 2 Vocabulary

What does PYF stand for?

• Prepare You Free
• Paint Your Funds
• Prepay Your Finances
• Pay Yourself First

Which one of the following did you not learn about savings and investing?

• The difference in risk between savings and investing
• The rate of return will differ with different investments
• When you start investing doesn't matter
• You should PYF

Which of the following is a short term savings/investing option?

• Stocks
• Mutual Funds
• Bonds
• Savings Account

Which of the following is a long term savings/investing option?

• Savings Account 
• Certificate of Deposit
• Mutual Funds
• Money Market Account

Stocks

• Long Term
• Short Term

Certificates of Deposit

• Long Term
• Short Term

Bonds

• Long Term
• Short Term

Money Market Account

• Long Term
• Short Term

Is the following savings or investing option Insured or Not Insured?
Stocks

• Insured
• Not Insured

Is the following savings or investing option Insured or Not Insured?
Bonds

• Insured
• Not Insured