Savings and Investment Strategies

A percentage of an investment, paid out as profit.

• Penalty

• Interest Rate

• Emergency Fund

• Index

Money set aside for surprise expenses or loss of income

• Mutual Fund

• T-Note

• Index Fund

• Emergency Fund

A fee charged for withdrawing money before a Certificate of Deposit's maturity date

• Index

• Interest

• Risk

• Penalty

The time period an investment is intended to last

• Maturity Date

• Term

• Interest

• Diversification

A market where shares in corporations are bought and sold

• Portfolio

• Index

• Stock Market

• CD

A share of the value of a company, which can be bought, sold or traded as an investment and which gives the investor partial ownership of the company

• CD

• Mutual Fund

• T-Note

• Stock

A collection of stocks and/or bonds combined into one fund which will be traded as a bundle. A professional actively chooses what to include in the collection, for a relatively small fee.

• Stock

• Bond

• T-Note

• Mutual Fund

A sudden and extreme downturn in stock performance/value

• Index

• Crash

• Penalty

• Risk

A bond, generally considered to be a risk-free investment, issued by the Bank of Canada, with a maturity of more than 10 years.

• Treasury Bill (aka T-Bill; Americans call this a T-Note)

• Mutual Fund

• Emergency Fund

• CD (aka Certificate of Deposit)

A bond, often having tax advantages for individual investors, issued by a state or local government, typically uses the loan to pay for public works to benefit its citizens.

• Index Fund

• Commodity

• Municipal Bond

• Emergency Fund