Equities - Ownership, dividends, and valuation. Bonds (Fixed Income) Lending, interest, and debt mechanics. Precious Minerals (Commodities) Focus: Tangible assets, hedging, and units of measure. Mutual Funds - Pooling, management, and NAV. ETFs (Exchange-Traded Funds) Focus: Liquidity, trading, and comparison to mutual funds.
100
What is a share?
This term represents a small unit of ownership in a corporation.
100
What is a loan (or debt)?
Unlike stocks, which represent ownership, a bond represents this type of financial relationship.
100
What is gold?
This yellow metal is historically the most popular precious mineral for investors seeking a "safe haven" during inflation.
100
What is pool?
A mutual fund allows many investors to do this with their money to buy a diversified portfolio of stocks or bonds.
100
What is a Stock Exchange?
Unlike mutual funds which trade once a day, ETFs can be bought and sold throughout the day on one of these.
200
What is a dividend?
This is the portion of a company's profit paid out to its shareholders, often quarterly.
200
What is the maturity date?
This is the specific date on which the principal amount of a bond is to be paid back to the investor.
200
What is a Troy Ounce?
Precious metals are typically weighed and priced using this specific measurement unit, which is about 31.1 grams.
200
What is a Fund Manager?
This is the person or team responsible for making the buy and sell decisions within a mutual fund.
200
What is a Ticker Symbol?"
This 3-to-4 letter code is used to identify an ETF (or stock) on a trading platform.
300
What is $500?
If you buy 50 shares of a company at $20 and sell them for $30, this is your total capital gain, excluding fees.
300
What is the coupon rate?
This is the fixed interest rate that a bond issuer agrees to pay the bondholder annually.
300
What is a hedge?
This term describes an investment made specifically to reduce the risk of adverse price movements in an asset, often used with gold.
300
What is NAV (Net Asset Value)?
Calculated daily, this acronym stands for the total value of the fund's assets minus its liabilities, divided by the number of shares.
300
What is intraday trading?
This is the primary difference in how ETFs and mutual funds are priced; one is priced "real-time" while the other is "end-of-day."
400
What is the P/E Ratio (Price-to-Earnings)?
This financial ratio is calculated by dividing the current market price per share by the company's earnings per share.
400
What are Treasury Bonds (or Treasuries)?
These specific types of bonds are issued by the U.S. government and are considered among the safest investments in the world.
400
What is silver?
400: While gold is a store of value, this precious metal is highly sought after for both jewelry and its high electrical conductivity in industrial use.
400
What is the Expense Ratio?
This percentage represents the annual fee a mutual fund charges its shareholders to cover operating expenses.
400
What is the Bid-Ask Spread?
his term refers to the difference between the "buy" price and the "sell" price of an ETF share at any given moment.
500
What is Market Capitalization?
This term describes the total dollar market value of a company's outstanding shares, calculated by multiplying share price by total shares.
500
What is the Current Yield?
If a bond has a par value of $1,000 and a 5% coupon rate, but you buy it at a discount for $900, this term describes the actual percentage return you earn.
500
What are Karats?
This term refers to the "pureness" of gold; 24 of these indicates 99.9% purity.
500
What is an Index Fund?
500: This specific type of mutual fund is designed to mirror the performance of a specific market benchmark, like the S&P 500.
500
What are lower expense ratios (or lower costs)?
Because most ETFs are passively managed, they generally offer this mathematical advantage over actively managed mutual funds.






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