Ramsey test Complete Questions And Answers

Keep it ________ stupid - Answer-simple Never invest purely for ___ _______ - Answer-tax savings Never invest using _____ money - Answer-barrowed Risk-management technique that mixes a wide variety of investments within a portfolio - AnswerDiversification With all investments, as the ____ goes up, so does the potential return - Answer-risk When discussing investments, _____ is availability. - Answer-liquidity As there is more liquidity, there is typically ____ return - Answer-less A CD is a _________ __ ________ typically at a bank - Answer-certificate of deposit A money market account is a ___-risk bank savings account with check-writing privileges - Answer-low These are great for your ___________ _____ due to their liquidity and stability - Answer-emergency funds Single stocks investing carries an extremely ____ degree of risk - Answer-high When you buy stock, you are buying a small piece of __________ in the company - Answer-ownership Your return comes as the company increases in _____ or pays your, its owner, some of the profits - Answer-value2 ways to make money: - Answer-Dividend or the stock goes up A bond is a ____ instrument by which the company owes you money - Answer-debt Your return is the fluctuation in price and the _______ rate paid - Answer-intrest Few individuals do well with ______ _______ purchases - Answer-single stock