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18 Cards in this Set
- Front
- Back
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Growth fund
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is a mutual whose investment goal is to buy stocks that will increase in vlaue over time.
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income fund
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is a mutual fund whose investment goal is to buy bonds that produce current income in the form of interest.
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growth and income fund
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is a mutual fund whose investment goal is to eran 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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invests in safe, liquid securities, such as treasury bills and bonds that mature in three weeks to six month.
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global fund
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is a mutual fund that purchases international stocks and bonds wellas U.S securites.
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index fun
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is a mutual fund that tries to match the performance of a particular index by investing in the companies included in that index.
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prospectus
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is a legal document that offers securites or mutual fund shares for sale.
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front-end load
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is a sales charge paid when you buy an investment.
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back-end load
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is a ales charge paid when you sell an investment.
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no-load fund
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does nont charge a sales fee when you or sell because no salespeople are involved.
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Real estate
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is a land and any buildings on it.
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Duplex
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is a buliding with two separate living quarters.
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condominium
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or condo, is an individually owned unit in an aparment-style complex with shared ownership of common areas.
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Real estate investment trust(REIT)
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is a similar to a mutual fund. it is 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 govrnment 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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a decline in te value of property due to normal wear and tear.
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