Chapter 32: Real Estate and Other Investment Options

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Collectibles

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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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