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18 Cards in this Set
- Front
- Back
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Growth Fund
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a mutual fund whose investment goal is to buy stocks that will increase in value or time
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Income Fund
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mutual fund whose investment goal is to buy bonds that produce current income in the form of interest
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Growth & Income Fund
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mutual fund whose investment goal is to earn returns from both dividends and capital gains
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Balanced Fund
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is to earn returns from current income and capital gains
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Money Market Fund
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invest in safe. liquid securities, such as Tresasury Bills and bonds that mature in 3 weeks to 6 months
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Global Fund
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a mutual fund that purchases international stocjks and bonds as well as U.S. securites.
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Index Fund
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a mutual fund that tries to match the preformance of a particular index by investing in the companies included in that index
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Prospectus
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a legal document that offers securities or mutual fund shares for sale
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Front-End Load
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a sales charge paid when you buy an investment
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Back-End Load
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a sales charge paid when you sell an investment
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No-End Load
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does not charge a sales fee when you buy or sell because so salespeople are in involved
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Real Estate
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land and any building on it
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Duplex
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building with two separate living quarters
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Condominium
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indiviidually owned unit in an apartment-style complex with shared owenership of common areas
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REIT
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a corporation that pools the money of many individuals to invest in real estate
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participation certificate
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an investment in a pool of mortgages that have been purchased by a government agency
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mortgage
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a loan to purchase real estate
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depreciation
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decline in the value of property due to normal wear and tear
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