NGPF-Investing Unit: Questions With Verified Answers

NGPF-Investing Unit: Questions With
Verified Answers


investing - ✔✔..correct Resolution Result Verified Answers ,,,,The
process of setting money aside
to increase wealth over time for long-term financial goals such as
retirement

savings - ✔✔..correct Resolution Result Verified Answers
,,,,money put aside for future use;
growing your money is not the top objective

compound interest - ✔✔..correct Resolution Result Verified
Answers ,,,,interest earned on both
the principal amount and any interest already earned

simple interest - ✔✔..correct Resolution Result Verified Answers
,,,,interest paid on the principal
alone

reasons to put money in a savings account - ✔✔..correct
Resolution Result Verified Answers ,,,,low risk
emergency fund

, tips for first time investors - ✔✔..correct Resolution Result
Verified Answers ,,,,keep investments
diverse
don't be too risky
keep money invested for a long period of time

diversity - ✔✔..correct Resolution Result Verified Answers
,,,,variety

stock exchange - ✔✔..correct Resolution Result Verified
Answers ,,,,a market for buying and
selling stock

two ways to profit from owning stocks - ✔✔..correct
Resolution Result
Verified Answers
,,,,capital gains
dividends

capital gains - ✔✔..correct Resolution Result Verified Answers
,,,,The positive difference between
the purchase price of a stock and its sale price.

dividends - ✔✔..correct Resolution Result Verified
Answers ,,,,payments of cash from a
corporation to its stockholders