Tuesday, March 22, 2011

3/22/2011

--Find 4 current events (1 dealing with taxes, 1 dealing with credit cards, 1 dealing with stock market, and 1 dealing with some section of the economy.)
--1-2 sentence update on your portfolio in our stock market competition.
--comment on 2 classmate's posts.

Tuesday, January 18, 2011

p. 145-150 Top 10

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.

p. 133-142 Senioritis....it pays off down the road!

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 to your graduation celebration....
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.

Monday, January 17, 2011

p. 67-73 Diversification

Something you already knew or something you learned.

Complete sentences are a great way to express your knowledge!!!

Sunday, January 16, 2011

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

Friday, January 14, 2011

p. 31-56........it's Friday, finish strong!!!

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 72---"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?

Thursday, January 13, 2011

p. 18-29

check out the chart on p. 23--Amazing what COMPOUNDING can do!
Even better chart on p. 24--Higher interest rate=more $$$ for you!
Post a summary of what you read, your opinion, and/or questions here and remember to post a comment about a classmate's post also (can be done on the same post)

Wednesday, January 12, 2011

Making a Million!!!

Comment on something from Ch. 1 and also Ch. 2 that would be helpful and/or interesting to you. Your opinion, a summary or a question about something that you read from p. 1-17, post your question here and we will try to get it answered.
Then comment on at least 1 other person's post.
$$$$$$$$$$$$$