Defined Contribution Plan
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A plan where you and/or your employer contributes to a retirement
(savings) account (such as a 401k).
,The age at which withdrawals are required to be made from tax deferred retirement
plans (IRA, 401k)
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70.5
How the investments in an investor's ______________ (group of investments) is divided
among stocks, bonds, and other investments is called __________.
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Portfolio
Asset Allocation
Lenders would prefer for home buyers to make a down payment of _____% of the
home's price.
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20
A mortgage may not be approved if PITI represents more than ______ of a home buyer's
monthly grossincome.
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, 28%
____________ Risk (which is related to a company and/or unique events) can be eliminated
through ___________ (investing in different assets), but ____________ Risk cannot be eliminated.
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Unsystematic
Diversification
Systematic
A ______ is a person that can legally certify your signature on documents like a will.
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notary
The earliest age capable of receiving reduced Social Security benefits
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62
The deposit made on a home purchase to assure the seller that the buyer is serious
about buying the house is called the _____.
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A plan where you and/or your employer contributes to a retirement
(savings) account (such as a 401k).
,The age at which withdrawals are required to be made from tax deferred retirement
plans (IRA, 401k)
Give this one a try later!
70.5
How the investments in an investor's ______________ (group of investments) is divided
among stocks, bonds, and other investments is called __________.
Give this one a try later!
Portfolio
Asset Allocation
Lenders would prefer for home buyers to make a down payment of _____% of the
home's price.
Give this one a try later!
20
A mortgage may not be approved if PITI represents more than ______ of a home buyer's
monthly grossincome.
Give this one a try later!
, 28%
____________ Risk (which is related to a company and/or unique events) can be eliminated
through ___________ (investing in different assets), but ____________ Risk cannot be eliminated.
Give this one a try later!
Unsystematic
Diversification
Systematic
A ______ is a person that can legally certify your signature on documents like a will.
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notary
The earliest age capable of receiving reduced Social Security benefits
Give this one a try later!
62
The deposit made on a home purchase to assure the seller that the buyer is serious
about buying the house is called the _____.