Saving And Investing

Question 1

A document required by the SEC that gives corporate details before a stock is made avalible

Answer 1

Prospectus

Question 2

This stock gives the holder a fixed dividend each quarter

Answer 2

preferred stock

Question 3

Interest paid on the principal only on an investment

Answer 3

Simple Interest

Question 4

Security that represents ownership in corp. Holders vote for board of directors, corps, and policy

Answer 4

Common Stock

Question 5

Time deposit earns fixed rate of interest for specified length of time- savings alternative

Answer 5

Certificate of deposit- CD

Question 6

Interest calculated on initial principal and on accumulated interest of previous periods of time.

Answer 6

compound interest

Question 7

Company earnings distributed to class of shareholders or sum of money paid to shareholders

Answer 7

Dividend

Question 8

An investment vehicle created from the money of many investors so they can diversify their risk

Answer 8

Mutual Fund

Question 9

An investing tool used by individuals to earmark fund for retirement savings

Answer 9

IRA

Question 10

Government Agency oversees securities transactions to prevent fraud and international deception

Answer 10

Security and exchange commission

Question 11

What is the suggested percent of gross income to invest in your retirement account?

Answer 11

15%

Question 12

A ROTH is a tax-deferred individual retirement account

Answer 12

False