Personal Finance and Investment Principles: Savings, Insurance, and Market Fundamentals

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Finance - Personal Finance

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georgepetenjk Created by 10 mon ago

Cards in this deck(24)
In economics, how is saving defined?
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Is all money deposited in banks insured by a federal government agency?
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Are all banks required to calculate and report interest in the same way as the average percentage yield (APY)?
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Does paying debts with cash eliminate the risk of theft?
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Do shares of preferred stock provide owners with a fixed return and a vote in corporate decisions?
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What is a mutual fund?
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If prevailing interest rates increase, what happens to the value of a bond at maturity?
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How do financial planners earn income?
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What do insurance companies need to set premiums?
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Is car insurance an example of personal insurance?
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What is an advantage of storing and saving money in a bank?
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What is compound interest?
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What is not a fee banks often charge their checking account customers?
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How do stockholders earn a return from their stock?
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When is the price of a stock sure to increase?
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How should a person with limited funds invest in stock?
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What would cause the price of a corporate bond to increase on the secondary market?
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What is an example of property insurance?
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What should customers try to accomplish when they buy insurance?
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What should all consumers try to purchase at least some of?
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What is the income earned from funds that are not spent?
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What is the act of investing in many different corporations to allow investment growth?
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What is the amount an insured person must pay before the insurance company pays any part of a loss?
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What type of insurance only provides a benefit if the insured person dies?
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