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Learn about various ways of saving and growing your extra money. Answer the following questions. Write in your words about various investment choices such as bank savings accounts, Certificates of Deposit, stocks, and mutual funds.
: Financial assets are
all of these
: A stock is
a savings account in a company
a collectible art
an ownership in a public company
none of these choices
: If you sell a stock at a higher price than your buying price, you would have ________.
none of these
: A fund operated by an investment company which raises money from shareholders and invests in a group of assets is called
: A debt instrument that pays interest and issued for more than a year is called a
: Using your money (or borrowed money that you control) to earn more money is
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