Mutual Funds Gems Real Estate Collectibles and Mutual Funds Precious Metals 100 100 100 100 100 200 200 200 200 200 300 300 300 300 300 400 400 400 400 400 500 500 500 500 500
True or False Aggressive growth funds are considered high risk of loss but also offer a chance for high returns
What is True?
Index funds hold stocks True or False Index funds hold stocks and bonds that react in the same way as the stock or bond markets.
What is true?
The fund that attempts to reduce risk by investing in a mixture of stocks and bonds
What is a balanced fund?
The fund that invests in safe, liquid securities with little risk
What is a money market fund?
The market price per unit of the mutual fund
What is Net Asset Value (NAV)?
Collection of valuable or rare items
What is a collectible?
Coins and antiques are investments known as collectibles True or False Coins and antiques are investments known as collectibles
What is true?
The website that we discussed as an example to research collectibles
What is eBay?
The fee you pay the broker when you buy into the mutual fund (investment).
What is a front end load?
The legal document that offers mutual fund shares for sale The legal document that offers mutual fund shares for sale. It discusses the fund’s objectives and past performances. It will not provide investing advice nor discuss the current state of the economy.
What is a prospectus?
The estimated value of gold is currently over $1,000 an ounce. True or False The estimated value of gold is currently over $1,000 an ounce.
What is true?
The estimated value of silver is currently over $1,000 an ounce. True or False The estimated value of silver is currently over $1,000 an ounce.
What is false?
Tangible metals that have known and universal value.
What are precious metals?
The only pure gold (hint – not the carrots you eat).
What is 24-karat gold?
Gold and silver may be purchased as coins, medallions, jewelry or __________. (Hint: not soup)
What is bullion?
True or False Diamonds are so expensive and rare, there is no process available to produce a comparable (manmade) substitute in a lab.
What is false?
Natural precious stones such as diamonds, rubies, sapphires, and emeralds.
What are gemstones or gems?
The natural gem made from carbon.
What is a diamond?
The 4C’s that should be considered when purchasing a diamond are: cut, ________, color, and carat (weight).
What is clarity?
A brilliant diamond has an ideal cut when it allows light to go into the diamond from the top and is reflected ______.
What is back through the top?
A loan to purchase real estate
What is a mortgage?
The increase in value of a property.
What is appreciation?
Normal wear and tear on a property (building).
What is depreciation?
Because a property can take months or years to sell investing in real estate is considered a(n) __________ investment
What is illiquid (or one of the least liquid investments)?
Benefits to purchasing a rental property include positive cash flow (income), anticipated appreciation (increase in value) and __________.
What are tax advantages?
Investing in real estate involves buying land and buildings and is a good way to combat or curb ____________.
What is inflation?
FINAL JEOPARDY
The name of the company that specializes in ethically produced jewelry such as engagement rings made with conflict free diamonds.