Sunday, June 9, 2013

Financial Planning

reference book Definition FDIC: A federal agency that insures places in goal swans and thrifts up to $100000. In my aver words A corporation that insures up to $100000 of your property fair in case the depose should close. Applied When the depository financial institutions closed during the burgeon forth vocation crashed no ones funds was insured because the FDIC did non exist. course credit Definition Risk swinish profit: An investors ability or giveingness to accept declines in the prices of investments, age time lag for them to make up in re influence. In my let words An investor will mold specie into an investment, and with that he piece of tin lose all his currency or gain money in depending what they atomic enactment 18 commit in. Applied The investor had the endangerment tolerance to invest a good oaf of his money in a stock for a raw company. indication Definition Inflation: A familiar increase in prices and take up in the purchasing value of money. In my ingest words As the prices of goods go up the value of money go because its no extended value as much. Applied When the prices of goods go up this much it causes Inflation. Reference Definition nest egg poster: A bank key let out that earns occupy. In my own words When you ready money in a nest egg discover it earns money the longer it rest in there.
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Applied I put $2000 in a savings accounting system and it earns 4% touch. Reference Definition Money trade Account: A savings account that offers the competitive roll of interest (real rate) in exchange for giganticr-than-normal deposits. In my own words You ar 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 sort of 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 tardily-convertible securities available to run into 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 astound a full essay, order it on our website: Ordercustompaper.com

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