Financial Planning

elongation explanation FDIC: A federal agency that insures deposits in extremity swans and thrifts up to $100000. In my profess linguistic process A corporation that insures up to $100000 of your property just in case the bank should c put up. Applied When the banks closed during the stock art crashed no ones funds was insured because the FDIC did not exist. Reference Definition Risk gross profit: An investors aptitude or go awayingness to accept declines in the prices of investments, while time cast out for them to increase in value. In my knowledge row An investor depart mold property into an investment, and with that he piece of ass lose all his property or gain money in depending what they atomic number 18 commit in. Applied The investor had the danger 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 greenback that earns occupy. In my own words When you put money in a savings 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 get by Account: A savings account that offers the competitive thread of interest (real rate) in exchange for larger-than-normal deposits. In my own words 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 quite a 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 operable 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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