Chapter 14 Vocab- Investing in Mutual Funds, Real Estate, and Other Choices
A(n) _ fund invests in a mixture of common stocks, preferred stocks, and bonds.
Balanced
Land or buildings that produce rental income, such as stores, hotels, and duplexes are _ property.
Commercial
Livestock, crops, or copper (quantities of goods) are examples of _.
Commodities
In a(n) _ investment, the investor holds legal title to the property.
Direct
A(n) _ is a building with tow separate living quarters.
Duplex
A(n) _ is a group of several different mutual funds.
Family of Funds
A(n) _ is an agreement to buy or sell a commodity at a specified future date.
Futures Contract
Natural stones, such as diamonds and rubies, are examples of _.
Gems
A(n) _ fund purchases international stocks and bonds as well as U.S securities.
Global
A(n) _ fund invests in the common stocks of well-managed, rapidly growing companies.
Growth
A(n) _ fund invests in income-producing securities.
Income
Using a down payment and borrowing the rest is called _.
Leverage
A _ is a sales fee paid when you by a mutual fund through a broker.
Load
A(n) _ is used to borrow money for a home purchase.
Mortgage
A _ fund does not charge a sales fee when you buy or sell because no salespeople are involved.
No-Load
A(n) _ is an investment in a pool or mortgages that have been purchased by a government agency.
Participation Certificate
Gold, silver, and platinum are examples of _.
Precious Metals
A person called a(n) _, collects rent and maintains property for an owner.
Property Manager
Information about how a fund operates, its portfolio, and its goals is called the _.
Prospectus
A _ is a corporation that pools the money of many individuals to invest in real estate.
Real Estate Investment Trust (REIT)