Chapter 8 - Money In Review

A list of investments is called a _________________?

• Mutual Fund

• Portfolio

• Risk

• Share

The characteristic of an asset that permits it to be converted quickly into cash without loss of value.

• 401(k)

• IRA

• Liquidity

• Risk

A piece of ownership in a company, mutual fund, or other investment.

• Liquidity

• Portfolio

• Risk

• Share

A retirement savings plan offered by a corporation to its employees with tax deferred growth.

• 401(k)

• IRA

• Mutual Fund

• Stock

Account or arrangement in which one would put their money for long term growth.

• 401(k)

• Investment

• IRA

• Portfolio

Degree of uncertainty of return on an asset.

• Liquidity

• Investment

• Risk

• Share

Pool of money managed by an investment company invested in multiple companies.

• IRA

• Mutual Fund

• Portfolio

• 401(k)

An tax deferred individual retirement arrangement for a person with earned income.

• 401(k)

• IRA

• Mutual Fund

• Share

A single stock would be a good place to keep you emergency fund.

• True

• False

Diversification lowers risk with investing.

• True

• False