Chapter 32: Real Estate and Other Investment Options

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15 Terms

1
Collectibles
________ are items that appeal to collectors and investors.
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2
Fraud
________ is the crime of obtaining money or some other benefit by deliberate deception.
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3
major investment
Buying a house is the most expensive purchase and ________ most people make in their lives.
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4
political unrest
The price of gold rises when people believe that war, ________, or inflation may be near.
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5
Internet
The ________ has made buying and selling collectibles efficient and convenient, and the number of Web sites for collectors has exploded.
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6
Hedge
A(n) ________ is a means of protection or defense against loss.
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7
Real estate
________ is land and anything attached to it, such as buildings or natural resources.
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8
Commodities exchange
Through a(n) ________, investors can buy contracts for quantities of a given commodity for delivery at a future date.
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9
Equity
________ is the value of a piece of property less the amount still owed on the money borrowed to purchase it.
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10
Precious gems
________ (or gemstones) are rough mineral deposits (usually crystals) that are dug from the earth by miners and then cut and shaped into brilliant jewels.
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11
Real estate agents
________ usually charge their fees to the seller and not the buyer.
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12
Residential property
________ is property in which an individual or family lives.
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13
Multi unit houses
________ are usually single buildings divided into various units, with a separate person or family living in each unit.
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14
Internet
Collecting on or off the ________ can be a satisfying hobby and a good investment.
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15
real estate agent
A(n) ________ is a person licensed to arrange the buying and selling of homes and other types of real estate.
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