1 200 400 600 800 1000 double creditinvestmentcareer investment credit 200 400 600 800 1000 200
TRANSCRIPT
![Page 1: 1 200 400 600 800 1000 Double CreditInvestmentCareer Investment Credit 200 400 600 800 1000 200](https://reader035.vdocuments.us/reader035/viewer/2022062409/5697bfed1a28abf838cb8eea/html5/thumbnails/1.jpg)
1
200 200 200 200
400 400 400 400 400
600 600 600 600 600
800 800 800 800 800
1000 1000 1000 1000 1000
Double
Credit InvestmentCareer Career Investment Credit
200
400
600
800
1000
200
![Page 2: 1 200 400 600 800 1000 Double CreditInvestmentCareer Investment Credit 200 400 600 800 1000 200](https://reader035.vdocuments.us/reader035/viewer/2022062409/5697bfed1a28abf838cb8eea/html5/thumbnails/2.jpg)
2
1a
A historical record of a person’s payment
activity
![Page 3: 1 200 400 600 800 1000 Double CreditInvestmentCareer Investment Credit 200 400 600 800 1000 200](https://reader035.vdocuments.us/reader035/viewer/2022062409/5697bfed1a28abf838cb8eea/html5/thumbnails/3.jpg)
3
1b
What is a credit report?
![Page 4: 1 200 400 600 800 1000 Double CreditInvestmentCareer Investment Credit 200 400 600 800 1000 200](https://reader035.vdocuments.us/reader035/viewer/2022062409/5697bfed1a28abf838cb8eea/html5/thumbnails/4.jpg)
4
2a
A legal process giving a person deeply in debt a plan to erase the debt.
![Page 5: 1 200 400 600 800 1000 Double CreditInvestmentCareer Investment Credit 200 400 600 800 1000 200](https://reader035.vdocuments.us/reader035/viewer/2022062409/5697bfed1a28abf838cb8eea/html5/thumbnails/5.jpg)
5
2b
What is bankruptcy?
![Page 6: 1 200 400 600 800 1000 Double CreditInvestmentCareer Investment Credit 200 400 600 800 1000 200](https://reader035.vdocuments.us/reader035/viewer/2022062409/5697bfed1a28abf838cb8eea/html5/thumbnails/6.jpg)
6
3a
Total percentage it costs you yearly to use your credit
![Page 7: 1 200 400 600 800 1000 Double CreditInvestmentCareer Investment Credit 200 400 600 800 1000 200](https://reader035.vdocuments.us/reader035/viewer/2022062409/5697bfed1a28abf838cb8eea/html5/thumbnails/7.jpg)
7
3b
What is the Annual Percentage Rate (APR)?
![Page 8: 1 200 400 600 800 1000 Double CreditInvestmentCareer Investment Credit 200 400 600 800 1000 200](https://reader035.vdocuments.us/reader035/viewer/2022062409/5697bfed1a28abf838cb8eea/html5/thumbnails/8.jpg)
8
4aOther creditors can increase your interest rate if you make one late payment – even if that late payment is made to a different
creditor
![Page 9: 1 200 400 600 800 1000 Double CreditInvestmentCareer Investment Credit 200 400 600 800 1000 200](https://reader035.vdocuments.us/reader035/viewer/2022062409/5697bfed1a28abf838cb8eea/html5/thumbnails/9.jpg)
9
4b
What is the
Universal Default Clause?
![Page 10: 1 200 400 600 800 1000 Double CreditInvestmentCareer Investment Credit 200 400 600 800 1000 200](https://reader035.vdocuments.us/reader035/viewer/2022062409/5697bfed1a28abf838cb8eea/html5/thumbnails/10.jpg)
10
5a
4 C’s of Credit
![Page 11: 1 200 400 600 800 1000 Double CreditInvestmentCareer Investment Credit 200 400 600 800 1000 200](https://reader035.vdocuments.us/reader035/viewer/2022062409/5697bfed1a28abf838cb8eea/html5/thumbnails/11.jpg)
11
5bWhat are:
Collateral
Capital
Capacity
Character
![Page 12: 1 200 400 600 800 1000 Double CreditInvestmentCareer Investment Credit 200 400 600 800 1000 200](https://reader035.vdocuments.us/reader035/viewer/2022062409/5697bfed1a28abf838cb8eea/html5/thumbnails/12.jpg)
12
6a
Payment you make for use of another’s money
![Page 13: 1 200 400 600 800 1000 Double CreditInvestmentCareer Investment Credit 200 400 600 800 1000 200](https://reader035.vdocuments.us/reader035/viewer/2022062409/5697bfed1a28abf838cb8eea/html5/thumbnails/13.jpg)
13
6b
What is interest?
![Page 14: 1 200 400 600 800 1000 Double CreditInvestmentCareer Investment Credit 200 400 600 800 1000 200](https://reader035.vdocuments.us/reader035/viewer/2022062409/5697bfed1a28abf838cb8eea/html5/thumbnails/14.jpg)
14
7a
Term for the money you borrow
![Page 15: 1 200 400 600 800 1000 Double CreditInvestmentCareer Investment Credit 200 400 600 800 1000 200](https://reader035.vdocuments.us/reader035/viewer/2022062409/5697bfed1a28abf838cb8eea/html5/thumbnails/15.jpg)
15
7b
What is the principal?
![Page 16: 1 200 400 600 800 1000 Double CreditInvestmentCareer Investment Credit 200 400 600 800 1000 200](https://reader035.vdocuments.us/reader035/viewer/2022062409/5697bfed1a28abf838cb8eea/html5/thumbnails/16.jpg)
16
8a
Payments are a set amount each month for a set
period of time.
![Page 17: 1 200 400 600 800 1000 Double CreditInvestmentCareer Investment Credit 200 400 600 800 1000 200](https://reader035.vdocuments.us/reader035/viewer/2022062409/5697bfed1a28abf838cb8eea/html5/thumbnails/17.jpg)
17
8b
What is an
Installment Loan?
![Page 18: 1 200 400 600 800 1000 Double CreditInvestmentCareer Investment Credit 200 400 600 800 1000 200](https://reader035.vdocuments.us/reader035/viewer/2022062409/5697bfed1a28abf838cb8eea/html5/thumbnails/18.jpg)
18
9a
Three things you should do to build a good credit
history
![Page 19: 1 200 400 600 800 1000 Double CreditInvestmentCareer Investment Credit 200 400 600 800 1000 200](https://reader035.vdocuments.us/reader035/viewer/2022062409/5697bfed1a28abf838cb8eea/html5/thumbnails/19.jpg)
19
9bWhat are:
• Always pay your bills on time• Make regular deposits to a savings account• Keep the number of credit cards and loans to a
minimum• Maintain a low balance on credit cards and pay off
each month• Maintain a good employment history• Maintain long term living arrangements
![Page 20: 1 200 400 600 800 1000 Double CreditInvestmentCareer Investment Credit 200 400 600 800 1000 200](https://reader035.vdocuments.us/reader035/viewer/2022062409/5697bfed1a28abf838cb8eea/html5/thumbnails/20.jpg)
20
10a
The three credit reporting agencies
![Page 21: 1 200 400 600 800 1000 Double CreditInvestmentCareer Investment Credit 200 400 600 800 1000 200](https://reader035.vdocuments.us/reader035/viewer/2022062409/5697bfed1a28abf838cb8eea/html5/thumbnails/21.jpg)
21
10bWhat are:
Equifax
TransUnion
Experian
![Page 22: 1 200 400 600 800 1000 Double CreditInvestmentCareer Investment Credit 200 400 600 800 1000 200](https://reader035.vdocuments.us/reader035/viewer/2022062409/5697bfed1a28abf838cb8eea/html5/thumbnails/22.jpg)
22
11aA lifetime profession or occupation that requires
skills or training and provides an income as well
![Page 23: 1 200 400 600 800 1000 Double CreditInvestmentCareer Investment Credit 200 400 600 800 1000 200](https://reader035.vdocuments.us/reader035/viewer/2022062409/5697bfed1a28abf838cb8eea/html5/thumbnails/23.jpg)
23
11b
What is a career ?
![Page 24: 1 200 400 600 800 1000 Double CreditInvestmentCareer Investment Credit 200 400 600 800 1000 200](https://reader035.vdocuments.us/reader035/viewer/2022062409/5697bfed1a28abf838cb8eea/html5/thumbnails/24.jpg)
24
12a
Relatively short term work that pays the bills for now
![Page 25: 1 200 400 600 800 1000 Double CreditInvestmentCareer Investment Credit 200 400 600 800 1000 200](https://reader035.vdocuments.us/reader035/viewer/2022062409/5697bfed1a28abf838cb8eea/html5/thumbnails/25.jpg)
25
12b
What is a job?
![Page 26: 1 200 400 600 800 1000 Double CreditInvestmentCareer Investment Credit 200 400 600 800 1000 200](https://reader035.vdocuments.us/reader035/viewer/2022062409/5697bfed1a28abf838cb8eea/html5/thumbnails/26.jpg)
26
13a
Additional programs like health insurance and
retirement plans offered by employers
![Page 27: 1 200 400 600 800 1000 Double CreditInvestmentCareer Investment Credit 200 400 600 800 1000 200](https://reader035.vdocuments.us/reader035/viewer/2022062409/5697bfed1a28abf838cb8eea/html5/thumbnails/27.jpg)
27
13b
What are
Employee Benefits?
![Page 28: 1 200 400 600 800 1000 Double CreditInvestmentCareer Investment Credit 200 400 600 800 1000 200](https://reader035.vdocuments.us/reader035/viewer/2022062409/5697bfed1a28abf838cb8eea/html5/thumbnails/28.jpg)
28
14a
The amount of money it takes to purchase typical
living expenses in a particular city.
![Page 29: 1 200 400 600 800 1000 Double CreditInvestmentCareer Investment Credit 200 400 600 800 1000 200](https://reader035.vdocuments.us/reader035/viewer/2022062409/5697bfed1a28abf838cb8eea/html5/thumbnails/29.jpg)
29
14b
What is
Cost of Living?
![Page 30: 1 200 400 600 800 1000 Double CreditInvestmentCareer Investment Credit 200 400 600 800 1000 200](https://reader035.vdocuments.us/reader035/viewer/2022062409/5697bfed1a28abf838cb8eea/html5/thumbnails/30.jpg)
30
15a
6 Employee Benefits
![Page 31: 1 200 400 600 800 1000 Double CreditInvestmentCareer Investment Credit 200 400 600 800 1000 200](https://reader035.vdocuments.us/reader035/viewer/2022062409/5697bfed1a28abf838cb8eea/html5/thumbnails/31.jpg)
31
What are:• Health Insurance• Dental Insurance• Life Insurance• Short term Disability Insurance• Retirement Plan• Paid Holidays• Vacation Pay• Sick Days Paid• Tuition Reimbursement
![Page 32: 1 200 400 600 800 1000 Double CreditInvestmentCareer Investment Credit 200 400 600 800 1000 200](https://reader035.vdocuments.us/reader035/viewer/2022062409/5697bfed1a28abf838cb8eea/html5/thumbnails/32.jpg)
32
16aA person who creates a business from a need and puts creativity
and ingenuity into action to provide a service or product?
![Page 33: 1 200 400 600 800 1000 Double CreditInvestmentCareer Investment Credit 200 400 600 800 1000 200](https://reader035.vdocuments.us/reader035/viewer/2022062409/5697bfed1a28abf838cb8eea/html5/thumbnails/33.jpg)
33
16b
What is an Entrepreneur?
![Page 34: 1 200 400 600 800 1000 Double CreditInvestmentCareer Investment Credit 200 400 600 800 1000 200](https://reader035.vdocuments.us/reader035/viewer/2022062409/5697bfed1a28abf838cb8eea/html5/thumbnails/34.jpg)
34
17a
People born between 1944 and 1964 and are starting
to retire
![Page 35: 1 200 400 600 800 1000 Double CreditInvestmentCareer Investment Credit 200 400 600 800 1000 200](https://reader035.vdocuments.us/reader035/viewer/2022062409/5697bfed1a28abf838cb8eea/html5/thumbnails/35.jpg)
35
17b
Who are the Baby Boomers?
![Page 36: 1 200 400 600 800 1000 Double CreditInvestmentCareer Investment Credit 200 400 600 800 1000 200](https://reader035.vdocuments.us/reader035/viewer/2022062409/5697bfed1a28abf838cb8eea/html5/thumbnails/36.jpg)
36
18a
4 Education Funding Options
![Page 37: 1 200 400 600 800 1000 Double CreditInvestmentCareer Investment Credit 200 400 600 800 1000 200](https://reader035.vdocuments.us/reader035/viewer/2022062409/5697bfed1a28abf838cb8eea/html5/thumbnails/37.jpg)
37
18bWhat are:• College Savings• Scholarships and Grants• Federal Education Loans• Private Education Loans• Work-Study Programs• Tuition Assistance from employer• Military Programs
![Page 38: 1 200 400 600 800 1000 Double CreditInvestmentCareer Investment Credit 200 400 600 800 1000 200](https://reader035.vdocuments.us/reader035/viewer/2022062409/5697bfed1a28abf838cb8eea/html5/thumbnails/38.jpg)
38
19a
List 5 Important Employee Skills
![Page 39: 1 200 400 600 800 1000 Double CreditInvestmentCareer Investment Credit 200 400 600 800 1000 200](https://reader035.vdocuments.us/reader035/viewer/2022062409/5697bfed1a28abf838cb8eea/html5/thumbnails/39.jpg)
39
19b
What are:• Analytical• Communication• Computer• Detail-Oriented• Flexibility and Adaptability• Honesty and Integrity• Interpersonal• Leadership• Motivation and Initiative• Organizational• Self-Confidence• Strong Work Ethic• Teamwork
![Page 40: 1 200 400 600 800 1000 Double CreditInvestmentCareer Investment Credit 200 400 600 800 1000 200](https://reader035.vdocuments.us/reader035/viewer/2022062409/5697bfed1a28abf838cb8eea/html5/thumbnails/40.jpg)
40
20a
3 Benefits of a 401K
![Page 41: 1 200 400 600 800 1000 Double CreditInvestmentCareer Investment Credit 200 400 600 800 1000 200](https://reader035.vdocuments.us/reader035/viewer/2022062409/5697bfed1a28abf838cb8eea/html5/thumbnails/41.jpg)
41
20b
What are:
Money is deducted from paycheck pre-tax
Money can be matched by employer
Money is contributed to a mutual fund with professional managers
Money is kept for retirement and earnings are not taxed until used
Money should be in a long term account and can take advantage of the Time Value of Money benefit
![Page 42: 1 200 400 600 800 1000 Double CreditInvestmentCareer Investment Credit 200 400 600 800 1000 200](https://reader035.vdocuments.us/reader035/viewer/2022062409/5697bfed1a28abf838cb8eea/html5/thumbnails/42.jpg)
42
21aA type of security that signifies ownership in a corporation
and represents a claim on part of the corporations’ assets and
earnings.
![Page 43: 1 200 400 600 800 1000 Double CreditInvestmentCareer Investment Credit 200 400 600 800 1000 200](https://reader035.vdocuments.us/reader035/viewer/2022062409/5697bfed1a28abf838cb8eea/html5/thumbnails/43.jpg)
43
21b
What is a stock?
![Page 44: 1 200 400 600 800 1000 Double CreditInvestmentCareer Investment Credit 200 400 600 800 1000 200](https://reader035.vdocuments.us/reader035/viewer/2022062409/5697bfed1a28abf838cb8eea/html5/thumbnails/44.jpg)
44
22aDistribution of a portion of
a company’s earnings, decided by the Board of
Directors, to a class of its shareholders.
![Page 45: 1 200 400 600 800 1000 Double CreditInvestmentCareer Investment Credit 200 400 600 800 1000 200](https://reader035.vdocuments.us/reader035/viewer/2022062409/5697bfed1a28abf838cb8eea/html5/thumbnails/45.jpg)
45
22b
What is a dividend?
![Page 46: 1 200 400 600 800 1000 Double CreditInvestmentCareer Investment Credit 200 400 600 800 1000 200](https://reader035.vdocuments.us/reader035/viewer/2022062409/5697bfed1a28abf838cb8eea/html5/thumbnails/46.jpg)
46
23aA measure of a public company’s size. It is the total dollar value of all outstanding
shares. It is calculated by multiplying the number of
shares by the current market price.
![Page 47: 1 200 400 600 800 1000 Double CreditInvestmentCareer Investment Credit 200 400 600 800 1000 200](https://reader035.vdocuments.us/reader035/viewer/2022062409/5697bfed1a28abf838cb8eea/html5/thumbnails/47.jpg)
47
23b
What is the market cap?
![Page 48: 1 200 400 600 800 1000 Double CreditInvestmentCareer Investment Credit 200 400 600 800 1000 200](https://reader035.vdocuments.us/reader035/viewer/2022062409/5697bfed1a28abf838cb8eea/html5/thumbnails/48.jpg)
48
24a
A valuation ratio of a company’s current share
price compared to its
per-share earnings.
![Page 49: 1 200 400 600 800 1000 Double CreditInvestmentCareer Investment Credit 200 400 600 800 1000 200](https://reader035.vdocuments.us/reader035/viewer/2022062409/5697bfed1a28abf838cb8eea/html5/thumbnails/49.jpg)
49
24b
What is the P/E ratio?
![Page 50: 1 200 400 600 800 1000 Double CreditInvestmentCareer Investment Credit 200 400 600 800 1000 200](https://reader035.vdocuments.us/reader035/viewer/2022062409/5697bfed1a28abf838cb8eea/html5/thumbnails/50.jpg)
50
25aThe portion of a company’s profit allocated to each outstanding share
of common stock. It is calculated as:
Net Income – Dividends on Preferred Stock
Average Outstanding Shares
![Page 51: 1 200 400 600 800 1000 Double CreditInvestmentCareer Investment Credit 200 400 600 800 1000 200](https://reader035.vdocuments.us/reader035/viewer/2022062409/5697bfed1a28abf838cb8eea/html5/thumbnails/51.jpg)
51
What is the EPS?
![Page 52: 1 200 400 600 800 1000 Double CreditInvestmentCareer Investment Credit 200 400 600 800 1000 200](https://reader035.vdocuments.us/reader035/viewer/2022062409/5697bfed1a28abf838cb8eea/html5/thumbnails/52.jpg)
52
26a
An area of the economy where businesses share the same or related
product or service
![Page 53: 1 200 400 600 800 1000 Double CreditInvestmentCareer Investment Credit 200 400 600 800 1000 200](https://reader035.vdocuments.us/reader035/viewer/2022062409/5697bfed1a28abf838cb8eea/html5/thumbnails/53.jpg)
53
26b
What is a sector?
![Page 54: 1 200 400 600 800 1000 Double CreditInvestmentCareer Investment Credit 200 400 600 800 1000 200](https://reader035.vdocuments.us/reader035/viewer/2022062409/5697bfed1a28abf838cb8eea/html5/thumbnails/54.jpg)
54
27aA formal agreement where the borrower, (govt), can use your money for a set period of time
and you, as the lender, will get paid a specific amount of
interest in return
![Page 55: 1 200 400 600 800 1000 Double CreditInvestmentCareer Investment Credit 200 400 600 800 1000 200](https://reader035.vdocuments.us/reader035/viewer/2022062409/5697bfed1a28abf838cb8eea/html5/thumbnails/55.jpg)
55
27b
What is a
Government Bond?
![Page 56: 1 200 400 600 800 1000 Double CreditInvestmentCareer Investment Credit 200 400 600 800 1000 200](https://reader035.vdocuments.us/reader035/viewer/2022062409/5697bfed1a28abf838cb8eea/html5/thumbnails/56.jpg)
56
28aThis investment option takes money from many investors and uses it to make
growth or income investments based on a stated investment objective.
![Page 57: 1 200 400 600 800 1000 Double CreditInvestmentCareer Investment Credit 200 400 600 800 1000 200](https://reader035.vdocuments.us/reader035/viewer/2022062409/5697bfed1a28abf838cb8eea/html5/thumbnails/57.jpg)
57
28b
What is a
Mutual Fund?
![Page 58: 1 200 400 600 800 1000 Double CreditInvestmentCareer Investment Credit 200 400 600 800 1000 200](https://reader035.vdocuments.us/reader035/viewer/2022062409/5697bfed1a28abf838cb8eea/html5/thumbnails/58.jpg)
58
29a
An index fund that is worth 1% of the Dow Jones average
![Page 59: 1 200 400 600 800 1000 Double CreditInvestmentCareer Investment Credit 200 400 600 800 1000 200](https://reader035.vdocuments.us/reader035/viewer/2022062409/5697bfed1a28abf838cb8eea/html5/thumbnails/59.jpg)
59
29b
What is a Diamond?
![Page 60: 1 200 400 600 800 1000 Double CreditInvestmentCareer Investment Credit 200 400 600 800 1000 200](https://reader035.vdocuments.us/reader035/viewer/2022062409/5697bfed1a28abf838cb8eea/html5/thumbnails/60.jpg)
60
30a
This index tracks 2000 small cap stocks
![Page 61: 1 200 400 600 800 1000 Double CreditInvestmentCareer Investment Credit 200 400 600 800 1000 200](https://reader035.vdocuments.us/reader035/viewer/2022062409/5697bfed1a28abf838cb8eea/html5/thumbnails/61.jpg)
61
30b
What is the Russell 2000 Index?