Intro to Investing

Posted by admin on January 23, 2018 in flash cards

Term Definition
Back-End-Loan Fees paid to the mutual fund company when selling a mutual fund
Dividend A payout of profits by a company to all shareholders.
ExpenseRatio For a mutual fund, an annual percentage the fund takes as payment. Expense ratios of different funds can be compared to find the best value
FDIC-Insured a government agency that insures depositors’ money.
Front-End-Loan Fees paid to the mutual fund company as an entry requirement into certain mutual funds.
Inflation Rise in prices that effectively makes cash have less buying power over time.
No-LoadFund A mutual fund that charges no front-end or back-end load fees.
SavingsAccount A safe, low-return investment available from banks. There is generally no minimum deposit for this type of account, making it perfect for kids and teens just starting out.
Yield For a savings account, the percentage of interest earned annually. For a stock, the annual dividend divided by the share price.

Leave a Reply

Your email address will not be published. Required fields are marked *