Econ Unit 5 PT Flashcards
A Charge for Financial Advice or a Transaction is called a __________.
Commission
Wise Investors understand the __________ involved Before Making an Investment.
Risk
Making On-Time Payments will Boost one’s __________ Score
Credit
According to the Principle of __________, Investors Divide their Money among Multiple Investments.
diversification
A __________ Loan must be Repaid After a Student Finishes Attending College
Federal
Passive Investors may wish to Enlist the Help of a __________ Advisor.
Financial
this investment was created to Help Investors Pool Money and Benefit from Professional Money Managers.
Mutual Funds
This type of Loan Charges the Same Rate and Payments for the Life of the Loan.
Standard Fixed-Rate Loan
Individuals with Earned Income use this to make Tax-Deferred Investment For Retirement
Individual Retirement Account
A _________ Symbolizes the Ideal of the American Dream and is NOT connected to any other building
Single-Family Home
Over time, __________ Generally Increase in Value Due to New Technology, Employee Labor, and New Ideas
Stocks
This type of Business Structure Provides Protection Against Personal Liability.
Limited Liability Company (LLC)
this Financial Product Benefits Workers who are Physically Unable to Work.
Disability Insurance
Multiple People Share the Profit, Loss, Risk, and Work of Ownership in this type of Business Structure.
Partnership
This type of Loan is Secured by the Same Property that it is being used to Purchase.
Mortgage
