Dave Ramsey - Chapter 12

Front

What is The Fifth Foundation?

Back

Build wealth and give

Front

A security that represents part ownership of a company is called a(n)________ .

Back

Stock

Front

When you invest in a mutual fund, you are contributing to a pool of money that will be . . .

Back

Invested in a mix of stocks, bonds and money market accounts

Front

Diversification reduces your _________by using a mix of investment types in your portfolio.

Back

Risk

Front

_____________is the process of figuring out how much money you'll need in retirement and creating a plan to get there.

Back

Retirement planning

Front

_____________ is the cure for ____________.

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Generosity; selfishness

Front

Investing your money earns you more money because of _________.

Back

Compound growth

Front

Before you invest, you should make sure a mutual fund has done well for 5-10 years.

Back

True

Front

When riding the highs and lows of the stock market, remember _________.

Back

It will level out, so stick with it!

Front

Roth IRA, 401(k), 403(b), 457, and Simplified Employee Pension are all examples of _________________ .

Back

Retirement plans