4 What are the 3 savings plans? Savings account, CD, money market account
5 This type of savings plan requires a minimum deposit and interest is earned based on government and corporate securities. Usually withdrawals are allowed without penalties.Money market account
6 Certificate of deposit This type of savings plan requires a minimum deposit, money to remain deposited for a period of time without penalties. Penalties may be assessed if money is withdrawn before specified timeCertificate of deposit
7 Name 3 investing options. StocksBondsMutual Funds and Exchange-traded FundsReal EstateCommoditiesCollectibles
8 What’s the difference between common stock and preferred stock? Preferred stock pays dividends before common stock is paid.Preferred stockholders do not have voting powers; but common stockholders are invited to annual corporate meetings and permitted to one vote per share of stock owned.Preferred stock is less risky than common stock.
9 Part of the profit shared with the stockholders What are dividends?Part of the profit shared with the stockholders
28 Name one advantage of owning real estate. tax benefits, increased equity, and pride of ownership
29 Name one disadvantage of owning real estate. property taxes, interest payments, property insurance, and maintenance
30 What are commodities and futures? grain, livestock, and precious metals. Commodity investors usually agree to buy and sell for an amount at a specified price in the future. Examples may include rice, cattle, and gold.
31 Name one example of a collectible. art work, antique furniture, and autographed items.
32 What are 2 of the 4 evaluation factors for investment options? Safety and risk: how likely are you to lose your money?Potential yield: how much profit are you likely to make on this investment?Liquidity: how fast can you turn this investment into cash?Taxes: how much will you have to pay in taxes for this investment?