Investments (Textbook)

What do you think PF stands for on the Google Classroom? For Tue assignment

• Provident Fund
• Personal Finance
• Profile
• Personal Foul

p. 396: Just about any bank account will pay you (the account owner) ____ - because you are lending the bank your money. Examples: checking accounts, savings accounts, high yield accounts, CDs, money market accounts...

• interest
• credit
• deposits
• dividends

P. 399: What kind of investment is not hurt by inflation the same way most goods are (such as things you buy at the grocery store or gas station)… (inflation = the rising cost of goods)

• Bonds
• Stocks
• Real estate
• Mutual funds

p. 398 & 399: When you spread out the risk of your investment portfolio, what word comes to mind? (for example, don't go all in on one kind of investment)

• Diversification
• IRAs
• Estate Planning
• None of these are correct

p. 400: What kind of retirement plan is sponsored, and often contributed to, by a person's employer? (for example, you put in $100 each paycheck - and so does your company)

• Annuities
• 401ks
• IRAs
• All are correct

p. 401: The assets someone leaves behind after they die to a loved one is called:

• A will
• An estate
• An executor
• None of these are correct

p. 397: How can a banking customer use a digital ID card? (select all that apply) 2 out of 4 are correct

• It can be stored on his/her smartphone
• It can be scanned using a QR code
• It can placed in a wallet or purse
• It can be laminated to weather proof it

p. 397 & 399: Investments, such as in stocks, are not insured - which means you can lose some or even all of your money.

• True
• False

p. 398: Figure 19-8 is a depiction of a ____.

• Gemstone
• How to create an investment plan
• How to create an retirement plan
• None of these are correct

p. 398: Who pays the owner of a rental property (aka landlord) a monthly rent payment?

• Savings account holder
• MMA owner
• Investors
• Tenants