Saving and Investing

Kayla is considering whether to open a savings account or buy stock. Her financial advisor tells her that investing involves __________, but will help her money grow.

• a down payment

• risk

• taxes

Savings accounts are _________, which means you can access your money quickly.

• risky

• safe

• liquid

Fill in the correct terms to complete the description of Rebecca going through insurance claims process.

Rebecca’s husband died in a car accident. When she turns 67, she will receive her husband’s ________________.

• 401k account

• Social Security benefits

• certificate of deposit

Fill in the correct terms to complete the description of Rebecca going through insurance claims process.

Her children will also receive the same until they ________________.

• graduate from high school

• retire

• become employed

The financial agency that sets monetary policy is _________________________.

• The Federal Depository Insurance Corporation

• The Federal Trade Commission

• The Federal Reserve

The financial agency that insures bank deposits is ___________________.

• The Federal Depository Insurance Corporation

• The Federal Trade Commission

• The Federal Reserve

Stock refers to a company's initial offering of shares.

• True

• False

A mutual fund is a small piece of ownership in a company.

• True

• False

The NASDAQ is a small piece of ownership in a company.

• True

• False

IPO refers to a company's initial offering of shares.

• True

• False