Blog

A mutual fund has a 0.6% expense ratio. Calculate the annual expense for an investor that has $5,000 in the fund.

If a person has auto liability limits of 25/100/20, what does the 100 represent?

Which of the following is a type of stock fund that invests in the same companies included in the Standard & Poor’s 500 stock index? 

The degree to which an investor can tolerate volatility in their investment values is called their ___________.

Which two types of risk affect stock prices the most on the secondary market?  Choose your two top answers.

Long-term capital gains are taxed at a person’s marginal tax rate.

Loads can be charged when one buys, when one sells, or both.

Actively managed portfolios, such as those run by professional money managers, tend to outperform the market as a whole.

You are financing a new home with a $200,000 mortgage loan. You are considering buying one point to lower your monthly payment. How much will the one point cost you?   For proper grading state your answer in this format: $X,XXX

The act of dividing investments among different investment categories such as cash, income, and growth, in order to optimize the balance of risk vs. reward is called… choose the term we learned in class