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Williams Consumer Ed
Question | Answer |
---|---|
What is investing? | Putting money to work so that it makes even more money for you over time. |
What does the term volatile mean when it comes to investing? | The value can swing up and down often and can change suddenly and drastically. |
What is diversification? | The strategy for making a variety of investments in different areas to reduce risk. |
What factors influence the amount of social security benefits you receive? (3 things) | How long you work, that age at which you apply to benefits, and your earned income. |
What kind of information does a company's annual report provide? ( 3 things) | a summary of detailed financial data, a summary of the companies goals, a summary of results from the previous year. |
Which type of stock fund normally holds the highest risk? | aggressive growth funds |
What is a mutual fund? | A group of investments that is held in common by many individual investors. |
What is estate planning? | The process of making legal and financial arrangements for how one's property should be administered before and after death. |