Personal Finance and Investment Principles: Savings Strategies and Financial Instruments

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Finance - Personal Finance

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georgepetenjk Created by 10 mon ago

Cards in this deck(21)
What is an investment that is not taxed until you withdraw it from savings?
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What is an investment that you pay taxes on before you put it into savings?
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What is the danger that money won't be worth as much in the future as it is today?
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What is a fixed income investment form of lending to a company or the government?
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What is it called when a company combines the funds of many different investors and invests that money into a diversified portfolio of stocks and bonds?
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What is a mixture of stocks, bonds, etc. to provide the highest reward with the littlest risk?
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What is a business that specializes in trading, buying, and selling of stocks?
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What is the idea that ensures you save money each month by paying yourself before doing your budget?
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What term describes how quickly and easily something can be converted into cash?
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What is an account that allows quick access to funds for transactions?
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What is a bank account that accumulates interest?
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What is the term for the rise in the general level of prices?
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What is the principle that states the greater the risk, the greater the possibility for return?
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What is a collection of investments that reduces risk by spreading money among a wide array of investments?
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What is the difference between owning investment tools like stocks and lending investment tools like bonds?
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What is the portion of income not spent on consumption?
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What is the concept of giving up the purchase of something in the present for saving money for the future?
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What is the process of earning interest on interest?
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What is interest earned only on the original principal amount invested?
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What is the concept that describes money's potential to grow in value over time, considering the relationship between time, money, a rate of return, and earnings growth?
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What is the formula 72/i used to calculate?
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