Econ Investment Flashcards
1
Q
What are the five types of investment
A
Savings account (None), Certificate of deposit (None)(CD), bonds (gov none) (low risk) , stocks ( high risk), and mutual fund (high risk)
2
Q
What are the three types of bonds to invest in
A
Government, corporate, and municipal.
3
Q
Savings
A
setting aside income for future use
4
Q
Interest
A
fee paid
5
Q
FDIC
A
Federal Deposit Insurance Corporation
