【正文】
GULATIONS Federal Government Insurance Deposits are potentially insured up to $100,000. ? FDIC (Federal Deposit Insurance Corporation) ? NCUA (National Credit Union Administration) Truth in Savings Act Financial institutions must disclose the following information about their consumer savings accounts: ? Fees on accounts ? Interest rate ? General terms and conditions Defines the year as 365 days for purposes of determining the annual percentage rate of interest. 18 Money Management Activity 4 ACTIVITY 4 Investing for the Long Term Overview ? The Historical Performance of the Samp。P 500 ? Reasons to Invest ? Investing Considerations ?Investment Concerns ?Places to Invest ? Online Money Management 19 Slide 1 Savings vs. Investing Lesson Reference: Money Management, Activity 4 – Overhead 1 SAVING vs. INVESTING SAVING ? Shortterm. ? Postpones spending. ? Has safety precautions. INVESTING ? Longterm. ? Exchanges money for something with the future expectation of receiving a profit. ? Has risk factors. 20 Slide 2 Saving vs. Investing, Historically Lesson Reference: Money Management, Activity 4 – Overhead 2 SAVING VS. INVESTING, HISTORICALLY The Samp。P 500 stock index has increased almost 200