Saving & Investing

Choose the 3 choices for savings plans ?

• Savings Account

• Certificate of Deposit

• Money Market Account

• Credit Card

What is a Savings Plan for ?

• To have money in a checking's account

• To pay for unnecessary things

• Stored money for my future. For need and/or emergencies

Your credit score will be lowered if you

• Miss a loan payment

• Take out a loan

• Buy a house

• Go to college

Which of the following investments would carry the most risk?

• Checking Account

• Savings Account

• Savings Bond

• Stock Market

What do you become when you buy a company's stock ?

• A Stockbroker

• A Stockholder

• Main Owner

What is a Common Stock ?

What is a bond ?

• A friendship

• Leading a company or government

• Ownership of a bank

What are "Maturity Dates" ?

• Date you will be repaid

• Date you will mature in life

• Date you will have to pay your debts

• Date you can invest

What is "Face Value" ?

• How much you can take out on a loan

• How much you owe the bank

• How much you will be repaid

• How much interest you have to pay

What are Investments ?