Financial Planning

name and address exposition FDIC: A federal agency that insures deposits in extremity swans and thrifts up to $100000. In my profess language A corporation that insures up to $100000 of your property just in case the bank should c dawdle. Applied When the banks closed during the stock patronage crashed no ones funds was insured because the FDIC did non exist. Reference Definition Risk gross profit: An investors cogency or leaveingness to accept declines in the prices of investments, while time lock up for them to increase in value. In my profess run-in An investor forget mold bullion into an investment, and with that he piece of ass lose all his funds or gain money in depending what they atomic number 18 commit in. Applied The investor had the fortune tolerance to invest a good oaf of his money in a stock for a raw company. Reference Definition Inflation: A general increase in prices and fall in the purchasing value of money. In my o wn words As the prices of goods go up the value of money go because its no extended worth as much. Applied When the prices of goods go up this much it causes Inflation. Reference Definition Savings Account: A bank news report that earns occupy. In my own words When you put money in a nest egg account it earns money the longer it stays in there.

Applied I put $2000 in a savings account and it earns 4% interest. Reference Definition Money make out Account: A savings account that offers the competitive pull of interest (real rate) in exchange for larger-than-normal deposits. In my own words You are allowed to deposit more money into ! this savings account thus a normal one because it has a bigger interest rate. Applied A business man would instead put a large sum of money into a money market account so that the money will earn more interest. Reference Definition Liquid Assets: Cash, checks and easily-convertible securities useable to meet immediate and nip needs. In my own words Liquid assets are money that can easily be taken out of an account in...If you require to get a full essay, order it on our website: OrderCustomPaper.com

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