Reference no: EM132254629
Assignment
Question 1: What is the difference between FDIC Insurance and SIPC insurance?
Question 2: What is the difference between a ROTH IRA and a TRADITIONAL IRA? What are some advantages and disadvantages of both?
Question 3: What is the difference between a Commercial Bank and a Credit Union?
Question 4: Specify the amount and type of coverage someone would have if they had a 50/100/50 auto insurance policy.
Question 5: What is an umbrella policy?
Question 6: Define coinsurance?
Question 7: What type of health insurance coverage do you have and what do you like and dislike about it?
Question 8: What are the advantages and disadvantages of owning a Term life insurance policy?
Question 9: What are the advantages and disadvantages of owning a Permanent life insurance policy?
Question 10: What is a premium in regards to insurance?
Question 11: What is the S&P 500 index and what does it reflect?
Question 12: What is the dividend yield or 12-Mo. Yield for the follow tickers (see link at top of page) T, VEA, PFF, and DVY.
Question 13: Why does Google (ticker symbol GOOGL) not pay a dividend?
Question 14: Compared to other stocks in the same sector, is it advantageous to buy a stock with a higher than average or lower that average P/E ratio. Why?
Question 15: Why would an equity analysis be interested in a publicly traded company's 10Q and 10K report?
Question 16: What is a Market order and what is a Limit order?
Question 17: What are the 5 types of risks that effect the pricing of a bond.
Question 18: What is a Municipal bond and how is it different than a Corporate bond?
REFER TO YOUR ASSIGNED CASE (PDF named Norfork)
Question 19: Might there be an opportunity to reduce the interest rate on some debt by obtaining a home equity line of credit (HELOC)? How would this be advantageous in their financial plan?
Question 20: Would it be advantageous for your case family to consider an umbrella policy? If so, what risks are they currently choosing to self insure?
Question 21: How often do you think you should shop home and auto rates and why?
Question 22: Why might it be important for the individuals in your assigned case to create a Will or update one. Is this something you would recommend? Why?
Question 23: Are your individuals adequately insured? Do they have enough insurance or not enough? Do they have the right kind of insurance and/or type of policies for their needs and goals? If not, do they have the funds available in their budget to get the insurance they need?
Question 24: In your opinion are your individuals' investment portfolio's properly allocated and diversified? If not, what kind of risks are they exposed to? What would you recommend they buy/sell to further diversify their portfolios?