*Capital loss- money lost in an equitity investment.
*Debt Investment- an investment that involves lending money to a company.
*Eqjuity investment- an investment that involves lending money to a company.
*Canad Deposit Insurance Corporation (CDID)- a corporation that offers protection for certain investments in Canadian financial institutions.
*Face value-Value at the maturity date.
*Maturity date- The date on which you can redeem your GIC, bond, or T-bill without penalty.
*Term- length of an investment.
*Portfolio- a selection of investments.
*The rule of 72- To quickly estimate the length of time it takes fo an investment to double in value, divide 72 by the interest rate (as a number, not a perentage) to find the time in years. For example, if the interest rate is 10%, divide 72 by 10. It would take 7.2 years.
*Formula for future value- FV= [PMT (1+i)n- 1/ i ]
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