apples
Investing Basics
Type of Investment
Description—explain what it is and how it works.
Level of Risk and Potential Return—explain.
Real-life example of this investment (name or company)
Minimum investment amount or time? Easy to start or stop investment? Discuss.
CD
Certificate Of Deposit (CD) — A certificate of deposit is a acceptance issued by a bank. It is a time deposit that limits covers from withdrawing funds on command. Although it is still possible to withdraw the money, this action will often incur a punishment.
IRA
Individual Retirement Account (IRA)— A tax-deferred retirement account for an individual that permits individuals to set aside money each year, with earnings tax-deferred until withdrawals begin at age 59 1/2 or late.
USAA MMA
Money Market Account (MMA)— An interest-bearing account that typically pays a higher interest rate than a savings account, and which provides the account holder with limited check-writing ability.
BB&T Stocks
Stock— is something that shows you own a part of a company, be it big or small. One can buy stocks that are not sold on the exchanges, known as private offerings. These do not have a ready market, in other words, you cannot readily sell these shares to other people. Other stocks are listed on either the stock exchange or NASDAQ Low — stock could drop anytime.
NASDAQ
About $2000-$3000 in cash. This is enough to buy about 100 shares of a stock with a price within the $20-$30 range. Eventually, one would like to build up a position of 500-1000 shares in several stocks.
Bonds
Bond— is a fixed interest financial asset issued by governments, companies, banks, public utilities and other large entities. Great American Mutual Funds
Mutual Funds— an investment program funded by shareholders that trades in diversified holdings and is professionally managed. when investors contribute money to the fund or when they buy shares
BCSIX Futures Futures— is
Type of Investment
Description—explain what it is and how it works.
Level of Risk and Potential Return—explain.
Real-life example of this investment (name or company)
Minimum investment amount or time? Easy to start or stop investment? Discuss.
CD
Certificate Of Deposit (CD) — A certificate of deposit is a acceptance issued by a bank. It is a time deposit that limits covers from withdrawing funds on command. Although it is still possible to withdraw the money, this action will often incur a punishment.
IRA
Individual Retirement Account (IRA)— A tax-deferred retirement account for an individual that permits individuals to set aside money each year, with earnings tax-deferred until withdrawals begin at age 59 1/2 or late.
USAA MMA
Money Market Account (MMA)— An interest-bearing account that typically pays a higher interest rate than a savings account, and which provides the account holder with limited check-writing ability.
BB&T Stocks
Stock— is something that shows you own a part of a company, be it big or small. One can buy stocks that are not sold on the exchanges, known as private offerings. These do not have a ready market, in other words, you cannot readily sell these shares to other people. Other stocks are listed on either the stock exchange or NASDAQ Low — stock could drop anytime.
NASDAQ
About $2000-$3000 in cash. This is enough to buy about 100 shares of a stock with a price within the $20-$30 range. Eventually, one would like to build up a position of 500-1000 shares in several stocks.
Bonds
Bond— is a fixed interest financial asset issued by governments, companies, banks, public utilities and other large entities. Great American Mutual Funds
Mutual Funds— an investment program funded by shareholders that trades in diversified holdings and is professionally managed. when investors contribute money to the fund or when they buy shares
BCSIX Futures Futures— is