Invest and Save Banking

One pro of basic savings accounts is ...

• the interest rate is higher than a money market account.

• there are no or low minimum balance requirements.

• there is a limit of three transactions a month.

• the ability to write an unlimited number of checks.

Where can you choose to place or invest your money?

• Commercial banks

• Credit Unions

• Bonds

• Mutual Funds

• ALL of the above

Depositors in banks and credit unions have the protection of which government agency?

• FDA

• FTC

• FDIC

• FICA

Which of these is synonymous with Investing?

• Balance Checkbook account

• Having a Credit Card

• Retirement Plan

• Saving Plan

What determines the amount of money you can gain or lose in Investing?

• Principal Deposit

• Interest Rates

• Payments to Checking Account

• How much you Save each paycheck

An occupation or profession requiring special training.

• career

• job

• volunteering

• Technical skills

Diversification is important in investing because…

• It helps you to balance your risk across different types of investments.

• It increases your overall risk, which guarantees that you will make more money.

• It ensures that you only make low-risk investments.

• It helps you gain the highest rate of return despite any risks.

What is the primary reason to issue stock?

• To help investors earn a higher rate of return

• To raise money to grow the company

• To distribute the risk of bankruptcy across more investors

• To increase investor awareness of the company

What is a possible reason a company would sell stock?

• To hire more people

• To expand its business

• To develop new technology

• All of the above

Which is the largest stock exchange?

• New York Stock Exchange

• NASDAQ

• Dow Jones

• S & P 500