Investing in Funds
Flashcard
•
Mathematics
•
12th Grade
•
Hard
Standards-aligned
Wayground Content
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15 questions
Show all answers
1.
FLASHCARD QUESTION
Front
Why is it important to start investing as soon as possible?
Back
You have more time for your money to compound.
2.
FLASHCARD QUESTION
Front
What is a Brokerage Account?
Back
An account that is used to buy and sell stocks, bonds, and funds.
3.
FLASHCARD QUESTION
Front
What is Social Security?
Back
Social Security is a government run retirement program.
4.
FLASHCARD QUESTION
Front
What is Dollar Cost Averaging?
Back
Putting regular amounts of money into an investment account at specific time intervals.
Tags
CCSS.7.RP.A.3
5.
FLASHCARD QUESTION
Front
What is an investment?
Back
Putting money into something with the expectation of profit.
6.
FLASHCARD QUESTION
Front
What does compounding mean in investing?
Back
The process where the value of an investment increases because the earnings on an investment earn interest as time passes.
7.
FLASHCARD QUESTION
Front
What is diversification in investing?
Back
The practice of spreading investments across various financial instruments to reduce risk.
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