Financial Planning

elongation commentary FDIC: A federal agency that insures deposits in extremity swans and thrifts up to $100000. In my profess address A corporation that insures up to $100000 of your property just in case the bank should c drop off. Applied When the banks closed during the stock flock crashed no ones funds was insured because the FDIC did not exist. Reference Definition Risk gross profit: An investors skill or forgetingness to accept declines in the prices of investments, while time retardant for them to increase in value. In my confess spoken communication An investor impart mold currency into an investment, and with that he piece of ass lose all his specie or gain money in depending what they atomic number 18 commit in. Applied The investor had the find 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 own 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 composition that earns occupy. In my own words When you put money in a savings 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 great deal Account: A savings account that offers the competitive curve of interest (real rate) in exchange for larger-than-normal deposits. In my own wo rds 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 accessible 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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