WorksheetsPersonal Finance (Final)
Total questions: 37
Worksheet time: 19mins
individual who decides what assets are in a mutual fund
load fund
no load fund
fund manager
assets under management
nickname. made uo if 5 letters and ends in X
net asset value
ticker symbol
mutual fund
closed end fund
diversified asset that can contain stock, bonds, cash
mutual fund
fund manager
net asset value
open end fund
market value of investments managed
no load fund
closed end fund
asset under management
ticker symbol
fund that charges a sales fee or commission
open end fund
closed end fund
no load fund
load fund
fund with unlimited shares
open end fund
no laod fund
loan fund
net asset value
fund that does not charge a sales fee or commission
mutual funds
no load fund
load fund
ticker symbol
price investors pay for one share of a mutual fund
net asset value
ticker symbol
mutual fund
fund manager
fund that has a fixed number of shares
open end fund
load fund
closed end fund
mutual fund
interest rate of bond
callable bond
convertible bond
coupon rate
zero coupon bond
bond selling below market price
discount bond
premium bond
issuer
yield to maturity
total return on a bond if held until it matures
convertible bond
yield to maturity
par value
current yield
agency who creates and sells bond
coupon rate
yield to maturity
issuer
zero coupon bond
bond that can transferred into shares of common stock
convertible bond
market price
maturity
asking price
bond that trades without interest
callable bond
discount bond
convertible bond
zero coupon bond
bond selling above market price
premium bond
discount bond
fair market value or market price of bond
coupon rate
asking price
issuer
par value
bond that can be redeemed before maturity date
callable bond
premium bond
converitble bond
zero coupon bond
profitability (return) on a bond at a specific time
yield to call
yield to maturity
current yield
amount of time until bond becomes due
maturity
yield to call
issuer
par value
face value
asking price
maturity
par value
fund manager
AAA, AA, A, BBB, BB, B are examples of what?
Investment grade
speculative
Name the three agencies who rate bonds in the U.S.
moody's
s&p
fitch
all of the above
What is a bond?
financial assets that represent loans
is a retirement account that allows your money to grow tax-free
you put after-tax money
help you understand the risks of investing bonds
Stage in life when one choose to leave the workforce
retirement
retirement planning
IRA
Roth IRA
the process of preparing for your retirement goals
retirement process
future
retirement planning
savings strategy
If annual pre-retirement income is $50000, you want your retirement income stream to equal $40000.
$50000*.8
$50000*8.0
$50000*80.00
$50000*.600
A monthly check that replaces part of your income when you reduce your hourse or stop working altogether
pension plan
payroll taxes
social security
IRA's
Long term saving accounts that individuals with earned income can use to save for the future while enjoying certain tax advantages/breaks
Traditional IRA
IRA
Pension Plan
Roth IRA
legal way the goverment allows you to avoid paying taxes
tax reduction
payrolls
IRA
tax break
How much can you put in an IRA?
3500
7500
6500
2000
You can put ____ into your IRA if you are age 50 years and older.
7500
6500
4500
3000
Type of IRA that does not have to pay taxes on the money until your withdraw it from the account when you retire.
IRA
Roth IRA
traditional IRA
The IRS will allow you to take money out of a traditional IRA before retirement without a 10% penalty if you're using the money to buy your first home, pay for college, or extreme financial hardships.
income taxes
10% penalty fee
early withdrawal penalty
service fee
you will never pay taxes on the money in this type of IRA
Roth IRA
Traditional IRA
IRA
You can withdraw your ____ from a Roth IRA at any time with no tax or penalities
5 years
contributions
10 % penalty
taxes
a person who legally gets another person's property after they die
retirement
george washington
heir
bond
