Wise missed topics E & F

Post date: Dec 10, 2013 1:30:38 PM

Define the following terms:

E. Investing

Securities/equities (capital gains or loss, dividends, historical performance of stocks or the

advantages of owning securities, primary vs. secondary markets)

What is a bull market (remember u in bull ---market goes UP) vs. a bear market

Bonds (purpose, how they work, interest feature, tax free feature)

Municipal Bonds

Mutual Funds—what they are, how they work and who manages the fund

Investment portfolio

Diversification

Dividends

F. Financial Planning

Determine Net Worth and definition and examples of assets, liabilities and net worth

Retirement: How different plans/accounts work and when taxes are paid

Pensions:

401k plans

Traditional Individual Retirement Accounts (Traditional IRA)

Roth Individual Retirement Account (Roth IRA)

Housing

Inflation, deflation, depression—who suffers the most, the least

G. Regulatory Agencies

Role of the SEC; Federal Reserve (Fed); FDIC