Personal Finance: Investing & Insurance

Type of security that gives stockholders a share of ownership in a company

• Credit Cards

• Debit

• Stocks

• Properties

The higher the risk the, _______ the reward

• Higher
• Lower
• There is no relationship between risk and reward
• All of the above

The lower the risk, the ______ the reward

• Higher
• Lower
• There is no relationship between risk and reward
• All of the above

What is a mutual fund?

• They represents ownership of a corporation. Stockholders own a share of the company and are entitled to a share of the profits as well as a vote in how the company is run.

• A mutual fund is an “IOU,” certifying that you loaned money to a government or corporation and outlining the terms of repayment.

• Professionally managed portfolios made up of stocks, bonds, and other investments.

What are stocks?

• A Stock is an “IOU,” certifying that you loaned money to a government or corporation and outlining the terms of repayment.

• Investments that represent small pieces of ownership in a company.

• Professionally managed portfolios made up of mutual funds, bonds, and other investments.

A insurance deductible is

• the money you pay before any work or repairs on your property can take place.

• the money you pay before any work or repairs on someone else's property can take place.

• the money you pay to have insurance.

What is a bond?

• They represents ownership of a corporation. Stockholders own a share of the company and are entitled to a share of the profits as well as a vote in how the company is run.

• A mutual fund is an “IOU,” certifying that you loaned money to a government or corporation and outlining the terms of repayment.

• A loan of money to a business or government that is paid back with interest over time

What is a certificate of deposit?

• They represents ownership of a corporation. Stockholders own a share of the company and are entitled to a share of the profits as well as a vote in how the company is run.

• A mutual fund is an “IOU,” certifying that you loaned money to a government or corporation and outlining the terms of repayment.

• A saving certificate with a fixed saving period and fixed interest rate

Wrongful or criminal deception for financial gain is

• fraud

• identity theft

• liability insurance

Identity theft is

• the use of someone else's bathroom pass

• the illegal use of someone’s personal information to purchase items or receive benefits

• the use of someone's account with their permission.