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Personal Finance Chapter 11
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Investing
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The use of long-term savings to earn a financial return
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Amy408
Investing for the Future
Terms in this set (31)
Investing
The use of long-term savings to earn a financial return
Inflation
A rise in the general level of prices
Rule of 72
A technique for estimating the number of years required to double your money at a given rate of return
Portfolio
A collection of investments
Investing risk
The chance that an investment's value will decrease
Diversification
The spreading of risk among many types of investments
Temporary investments
Investment choices that will be reevaluated within a year or less
Permanent investments
Investment choices that will be held for the long run - five or 10 years, or longer
Annual report
Summary of a corporation's financial results for the year its prospects for the future
Bonds
Debt obligations of corporations or state or local governments
