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Notes
Key to Wealth- Time, Make your money work for as long as possible.
Checking-An account that can be used to regularly draw out money or pay for items.
Savings-A bank account that earns some interest.
401(k)-Plan offered by an employer to save for retirement, Tax deferred (traditional) or tax exempt (Roth)
IRA-Individual Retirement Account people set up on their own to save for retirement.
Stock- A share in the ownership of a company.
Dividend-Profits from the company paid to the people who own its stock.
Bond-Receive set interest for a specific period. -Government - Corporate
Risks-
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