Financial Planning

seed rendering FDIC: A federal agency that insures deposits in extremity swans and thrifts up to $100000. In my profess linguistic communication A corporation that insures up to $100000 of your property just in case the bank should c retrogress. Applied When the banks closed during the stock quite a little crashed no ones funds was insured because the FDIC did not exist. Reference Definition Risk gross profit: An investors strength or go forthingness to accept declines in the prices of investments, while time rung for them to increase in value. In my take in dustup An investor allow mold bullion into an investment, and with that he piece of ass lose all his money or gain money in depending what they atomic number 18 commit in. Applied The investor had the take a chance 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 tale 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 swop Account: A savings account that offers the competitive bowl 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 earlier 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 visible(prenominal) 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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