Wednesday, May 15, 2013

Personal Finance (Investing) Guided Notes

Name___________________________                     Study Skills

Foundations in Personal Finance
Unit 2: Investment Options

Learning Outcomes
-Explain the KISS rule of investing.
-Examine the relationship between diversification and risk.
-Compare and contrast different types of investments: money markets, bonds, single stocks, mutual funds, rental real estate, and annuities.

Key Terms
Diversification
Liquidity
Mutual Fund
Risk
Risk Return Ration
Share

KISS Rule of InvestingKeep it ______________,______________! 

Never invest purely for _______________ ______________.

Never invest using ________________ money.

Diversification_________________ means to spread around.

Diversification ______________ risk.

Risk Return Ratio and LiquidityWith virtually all investments, as the ____________ goes up, so does the potential return.

When discussing investments, ____________ is availability.

As there is more liquidity, there is typically _________ return.
Types of Investments
1. Money Markets
A C.D. is a ___________ ____ ____________, typically at a bank.

Money market mutual funds are _____________ risk money market accounts with check writing privileges.  These are great for
_____________­­ _____________.

2. Single Stocks
Single stock investing carries an extremely _____________ degree of risk.

When you buy stock, you are buying a small piece of _____________ in the company.

Your return comes as the company increases in _____________ or pays you, its owner, some of the profits (_____________).

3. Bonds
A bond is a _____________ instrument by which the company owes ______ money.

Your return is the fluctuation in price and the ___________ rate paid. Few individuals do well with ___________ __________ purchases.

4. Mutual Funds
Investors pool their _____________ to invest.

Portfolio managers manage the pool or _____________.

Your _____________ comes as the _____________ of the fund is increased.

Mutual funds are good _____________ term investments.

5. Real Estate
Least _____________ consumer investment.

You should have lots of _____________ before using real estate as an _____________.

6. AnnuitiesAnnuities are _____________ accounts with an _____________ company.

_____________ annuities are at a low interest rate of around 5%, aren’t really fixed, and are a _____________ investment.

_____________ annuities are mutual funds sheltered by the annuity covering, thereby allowing the mutual fund to grow tax deferred.


Horrible Investments


Gold

_____________ and Futures

Day ___________

Viaticals


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