Investing Flashcard

Front

What is the main message about investing mentioned in the document?

Back

You're never too young to invest.

Front

What is one reason people invest, according to the document? Options: To avoid taxes., To become a financial expert., To make a little extra money on the side., To spend more on luxury items.

Back

To make a little extra money on the side.

Front

What is typically not invested in anything? Options: Retirement savings, High-yield savings accounts, Savings account, IRA

Back

Savings account

Front

What type of account is mentioned as paying more interest than a regular savings account?

Back

High-yield savings account

Front

Which of the following is a retirement plan mentioned in the text? 401(k), High-yield savings account, FDIC account, Checking account

Back

401(k)

Front

What is one of the only ways to keep up with inflation according to the text?

Back

Investing

Front

What is a risk associated with investing?

Back

Potential to lose money

Front

What is a security in financial terms?

Back

A financial instrument

Front

What do stocks represent in a company?

Back

A tiny piece of ownership

Front

Which of the following is a major stock exchange in the US? London Stock Exchange, Tokyo Stock Exchange, Shanghai Stock Exchange, New York Stock Exchange (NYSE)

Back

New York Stock Exchange (NYSE)