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6.5 Start INvesting

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  • If you're a minor, a guardian can open up an investment account for you and help you manage it.
    False
    True
  • What is our coping skill of the day?
    Deep Breathing
  • Loans from investors to companies, the gov't, or other financial institutions that must be repaid with interest
    stocks
    index funds
    bonds
  • When you purchase a _______, you own a piece of that company and are willing to make or lose money based on how the stock price changes.
    bond
    stock
    index fund
  • Why should you start investing at a young age?
    Your money will have time to grown by the time you're an older adult.
  • A _________________ is a person or firm that offers investment accounts.
    broker
    teacher
    realtor
  • After reaching the legal age in your state, usually between 18 to 21, you’ll become the owner of the custodial investment account.
    True
    False
  • Instead of picking individual stocks, a better strategy is to invest in ________because it includes a mix of multiple stocks and helps you diversify.
    stocks
    index funds
    bonds
  • When you invest in an index fund, own a part of hundreds of companies.
    False
    True
  • What is the top ranked handbag for Gen Z.
    Gucci
    Kate Spade
    Coach
    LV