Saving and Investing
Flashcard
•
Other
•
8th Grade
•
Hard
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10 questions
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1.
FLASHCARD QUESTION
Front
A pool of money collected from many investors, and used to buy stocks, bonds, and other securities.
Back
mutual fund
2.
FLASHCARD QUESTION
Front
Much less risky
Back
saving
3.
FLASHCARD QUESTION
Front
Deposit is usually not insured. What is the correct classification? (investing, saving)
Back
investing
4.
FLASHCARD QUESTION
Front
The amount of money you earn compared to the amount of money you invest
Back
return on investment (ROI)
5.
FLASHCARD QUESTION
Front
A type of time account
Back
CD
6.
FLASHCARD QUESTION
Front
Provides fixed interest payments for a set period of time
Back
bond
7.
FLASHCARD QUESTION
Front
All are benefits of saving, except: safe, reliable, convenient; earns a higher return of interest; earns a small amount of interest; insured by the FDIC
Back
earns a higher return of interest
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