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PF Chapter 8
Terms in this set (17)
The benefit of diversification in your investments is:
Long-term investments should include properly diversified mutual funds. Which of the follow is not a type of mutual fund?
Company X's board of directors has decided to issue a portion of its earnings to its shareholders. If you own stock in Company X, you can expect to receive a(n):
Which of the following statements about the stock market is false?
Formed in 1792, the New York Stock Exchange (NYSE) is the smallest, organized stock exchange in the United States.
You should start investing as soon as you have your emergency fund and your college education funded.
A mutual fund portfolio that is properly diversified will have investment dollars located in just one of four different classes of financial assets.
Single stocks and mutual funds carry the same amount of risk.
Good investment portfolios are extremely complex.
Employer benefits packages:
Are non-wage compensations provided to employees in addition to their normal wages or salaries
A savings account sold by an insurance company, designed to provide payments to the holder at specified intervals, usually after retirement, describes which item?
A young investor willing to take moderate risk for above-average growth would be most interested in:
Savings accounts and money market accounts are most appropriate for:
Emergency funds and short-term goals
A retirement plan found in non-profit organizations such as churches, hospitals, and schools is a
In some cases, employers will match the employee contribution, but you should fund your plan whether or not your company matches. This statement refers to:
To ensure some of your retirement savings will not be subject to income tax upon withdrawal you would contribute to a(n):
Money markets are great for your emergency fund due to their liquidity and stability.
The purpose of war bonds is to finance military operations during war time. The last time the United States issued war bonds was during the Vietnam War.
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