When (not if!!!!) WHEN you graduate there is a pretty good chance that if you have not offended too many people during your K-12 years and if you invite the right people....
you will be opening envelopes with money inside that could total around $2,000......
so ? #1--what do you have planned for that $
#2.) has your plan changed at all after reading portions of this book?
#3.) summarize your reading of p.133-142 in one-two sentences.
Friday, December 4, 2009
p.145-150 Top 10 "Key Concepts"
Rearrange these 10 concepts in YOUR order from
#1=your most important concept.
to
#10=the least important concept in your life.
and
pick any cartoon from this book and apply it to your life now or in the future.
#1=your most important concept.
to
#10=the least important concept in your life.
and
pick any cartoon from this book and apply it to your life now or in the future.
Thursday, December 3, 2009
p.85-95 BUDGET--get one!!!!!
1.) explain the cartoon on pg. 84
2.) how do you distinguish between "wants" and "needs" with your money.
3.) give an example of 5 "wants" in your life
4.) give an example of 5 "needs" in your life.
5.) House=big purchase that increases in value over time
Vehicle=decreases in value over time--so.....what are some other expenses that a vehicle may require over time(or what are ways you spend money on your own vehicle) list 5 other vehicle expenses
2.) how do you distinguish between "wants" and "needs" with your money.
3.) give an example of 5 "wants" in your life
4.) give an example of 5 "needs" in your life.
5.) House=big purchase that increases in value over time
Vehicle=decreases in value over time--so.....what are some other expenses that a vehicle may require over time(or what are ways you spend money on your own vehicle) list 5 other vehicle expenses
p67-73 Diversification
Comment about anything from this section that caught your attention.
Something you already knew or something you learned.
and then......
comment on someone else's comment later in the period.
Recap--you are blogging twice on this blog.
Complete sentences are a great way to express your knowledge.
Something you already knew or something you learned.
and then......
comment on someone else's comment later in the period.
Recap--you are blogging twice on this blog.
Complete sentences are a great way to express your knowledge.
Wednesday, December 2, 2009
p. 31-56 "Making a Million"
Couple of questions to answer today--answer them with the following format.....1.) 2.) 3.) so we know your answers match up with the questions and answer in complete sentences.
1.) Explain the comment in the book that "Risk decreases with time"
2.) Think about our stock market competition and then list the one stock that you have the most confidence in. If you went away from diversification then what stock would you put all your money into? (BTW-we all know that this is not wise to do, but pick one anyway)
and then...........Explain/Justify why you picked the company that you did--try to convince us that your stock is the best!!!!
3.) In the future, do you see yourself buying stocks or saving in a bank account? Explain your choice
4.) Give an example of the Rule of 1972---"The Michael Jordan of financial concepts".....show us you have an understanding of how it works....give an example.
5.) Would you encourage your kids (future!) to get involved in stocks?
1.) Explain the comment in the book that "Risk decreases with time"
2.) Think about our stock market competition and then list the one stock that you have the most confidence in. If you went away from diversification then what stock would you put all your money into? (BTW-we all know that this is not wise to do, but pick one anyway)
and then...........Explain/Justify why you picked the company that you did--try to convince us that your stock is the best!!!!
3.) In the future, do you see yourself buying stocks or saving in a bank account? Explain your choice
4.) Give an example of the Rule of 1972---"The Michael Jordan of financial concepts".....show us you have an understanding of how it works....give an example.
5.) Would you encourage your kids (future!) to get involved in stocks?
Tuesday, December 1, 2009
p. 19-28 = Compounding
Choose 2 of the following to write about--
1--Why is compounding beneficial to someone who saves?
2--Talk about the Power of Compounding--
3--What are the two most important factors that increase the effect of Compounding?
1--Why is compounding beneficial to someone who saves?
2--Talk about the Power of Compounding--
3--What are the two most important factors that increase the effect of Compounding?
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