Chapter 32: Real Estate and Other Investment Options

Collectibles

Collectibles

________ are items that appeal to collectors and investors.

Fraud

________ is the crime of obtaining money or some other benefit by deliberate deception.

major investment

Buying a house is the most expensive purchase and ________ most people make in their lives.

political unrest

The price of gold rises when people believe that war, ________, or inflation may be near.

Internet

The ________ has made buying and selling collectibles efficient and convenient, and the number of Web sites for collectors has exploded.

Hedge

A(n) ________ is a means of protection or defense against loss.

Real estate

________ is land and anything attached to it, such as buildings or natural resources.

Commodities exchange

Through a(n) ________, investors can buy contracts for quantities of a given commodity for delivery at a future date.

Equity

________ is the value of a piece of property less the amount still owed on the money borrowed to purchase it.

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.

Real estate agents

________ usually charge their fees to the seller and not the buyer.

Residential property

________ is property in which an individual or family lives.

Multi unit houses

________ are usually single buildings divided into various units, with a separate person or family living in each unit.

Internet

Collecting on or off the ________ can be a satisfying hobby and a good investment.

real estate agent

A(n) ________ is a person licensed to arrange the buying and selling of homes and other types of real estate.