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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.
: A debt instrument that pays interest and issued for more than a year is called a
: Stock brokers help you to buy and sell stocks. What does a 'Discount Broker' discount?
interest paid to you
prices of stocks you want to buy
commissions you pay
: The following is NOT an investment activity.
putting money in a bank account that pays interest
going on a pleasure trip
buying real estate
: Using your money (or borrowed money that you control) to earn more money is
: A fund operated by an investment company which raises money from shareholders and invests in a group of assets is called
: A stock is
an ownership in a public company
a collectible art
a savings account in a company
none of these choices
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