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15 Cards in this Set
- Front
- Back
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investing
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the use of savings to earn a financial return
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inflation
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a rise in the general level of prices
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Rule of 72
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a technique for estimating the numbeer of years required to double your money at a given rate of return
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Risk
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the chance that an investments value will decrease
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diversification
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spreading the risk among many types of investment
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financial advisers
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people trained to give investment advice based on your goals,age ,lifestyle, and other factors
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annual report
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summary of a corporations financial results for the year and prospects for the future
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bonds
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debt obligations of corporations or state or local governments
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discount bonds
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you buy is for less that its maturity value
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stock
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a unit of ownership in a corporation
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mutual fund
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a fund that pools the money of many investors and buys a large selection of securities that meet the funds investment goals
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annuity
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a contract sold by an insurance company that provides the investor with a series of regular payments, usually after retirement.
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futures
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contracts to buy and sell commodities or stocks for a specified date in the future
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option
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the right, but not the obligation, to buy or sell a commodity or stock for a specified price within a specified time period
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penny stocks
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low priced stocks of small companies that have no track record
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