6 - Investing Flashcards
What is an investment?
The use of money to purchase equipment or premises for the establishment of a new business or the expansion of an existing buisness
What is an entrepreneur?
A person who sets out to build a successful business in a new field
What are the different goal terms?
Short Term ( 1-3 years)
Medium Term (4-6 years)
Long Term (7+ years)
What is a fixed interest rate?
The interest rate remains the same throughout the period of the loan
What is a variable interest rate?
The interest rate moves up or down depending on the financial market
What is a income and expenditure account?
An ongoing record of income earned and money spent during the previous week
What Are the Range of Investment Options?
1) Investment Accounts
2) Shares
3) Property
4) Managed Funds
5) Superannuation
6) Debentures
7) Cryptocurrency
What is Ethical investment?
Investmenting decisions based on a certain companies/organisations products,policies and pratices are in line with their own beliefs and value.
