Personal Finance - Saving and Investing for the Future

Match it! Select the correct answer from the pull down...Good luck!

The type of savings account offered to members of a credit union is called a

Corporate bonds are debt obligations of state/local governments, whereas municipal bonds are debt obligations of corporations.

The phrase "Don't put all your eggs in one basket" illustrates the concept of diversification.

Earnings on savings can be measured by the rate of return, or yield (APY).

APY stands for

A market condition in which the prices of securities are falling is called a

Which of the following is NOT a disadvantage of investments through a brokerage firm?

A regular savings account is illiquid because you cannot withdraw your money at any time without penalty.