Money Investing

A key difference between saving and investing is

• Saving is for everyone, investing is for the wealthy

• Your money is insured when investing, it is not in savings

• Investing has a guaranteed return, savings does not

• Saving is for emergencies & goals, investing is for long-term wealth

Tags

CCSS.L.9-10.4C

CCSS.L.11-12.4C

CCSS.L.8.4C

CCSS.L.7.4C

CCSS.L.6.4C

Why is compound interest more beneficial than simple interest? (hint: choose 2 correct answers)

• Your money grows faster when it is compounded

• You earn interest on your interest

• Fees for compound interest are greater than simple interest

• Compound interest is hard to calculate, so fewer use it

Select the following items if they are considered investing tools.

• Stocks

• Groceries

• Real Estate

• 401k/403b

• T-shirts

Which investment is the most risky?

• bond

• stock

• mutual fund

• savings account

Match the following terms with the correct statement:

An activity through which an individual can earn money

• Human capital

• Career

• Job

• Transferable skills

• Occupation

What are ways you could continue to build to your personal human capital in the next five years? (Choose all that apply)

• continue education

• study abroad

• volunteer

• play video games

A mutual fund allows investments to be ___________.

• Secured
• Guaranteed
• Diversified
• Minimal

The first step of financial freedom;
$500 for teens; $1,000 for adults

• mutual fund
• emergency fund
• sinking fund

The availability of money; how quickly you can convert it into cash in your hand is its _______.

• diversity
• liquidity
• yield
• gratuity

What are some benefits to starting a savings account early?

• you can earn interest on money saved

• putting money aside will help avoid spending it on something else

• setting a savings goal will help

• all of the above