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ur money, it's important to Before you consider the best way to save or invest yo understand the language of saving and investment. Familiarize yourself
ur money, it's important to Before you consider the best way to save or invest yo understand the language of saving and investment. Familiarize yourself with the def nitions of these terms from the Personal Finance Handbook in your textbook, then answer the questions that follow interest mutual fund preferred stock savings account stock bond capital gain common stock dividend time deposit 1. What is one advantage of kceping yout money in a savings account What is a disadvantage of doing so? answer 2. Which of the following is considered a time deposit Circle the correct money market account certificate of deposit mutual fund 3. How are bonds and stock similar? How are they ditterent? 4. What is the difference berween a dividend and a capital gain? 5. What is the difference between preferred stock and common stock? 6. What is one advantage ot investing in stocks? What is a disadvantage of doing so
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