Book+Four

= INVESTING: Money Working for You =

**__Unit 4 Assignments:__**

 * Vocabulary ||= Edmodo ||
 * Activity 4.1: What is Wealth ||= Edmodo ||
 * Activity 4.2: My Windfalls ||= Workbook ||
 * Traditional Savings Options ||= Notebook ||
 * Activity 4.3: More Money ||= Workbook ||
 * Challenge 4-A: It Pays to Shop Around ||= Edmodo ||
 * Activity 4.4: Getting a Late Start ||= Workbook ||
 * Reading Notes Pg. 18: Investment Types ||= Notebook ||
 * Reading Notes Pg. 20-21: Investing ||= Notebook ||
 * Activity 4.5: Own a piece of the Business ||= Workbook ||
 * Activity 4.6: Watch the Price ||= Workbook ||
 * Activity 4.7 Risk Tolerance ||= Workbook ||
 * Diversification ||= Notebook ||
 * Activity 4.8: Dollar Cost Averaging ||= Workbook ||

__**Objectives:**__
__**4-1 Putting Savings to Work**__ In this lesson students explore how saving and investing can be used to build wealth. Along the way they will do the following:
 * Make a distinction between saving and investing.
 * Demonstrate how to calculate compound interest.
 * Compare types of savings investments.

__**4-2 How Investing Works**__ In this lesson students explore how investing works. Along the way they will do the following:
 * Summarize how the time value of money impacts saving and investing.
 * Explain how to buy stocks.
 * State fundamental investing guidelines.

__**4-3 Choosing the Right Investments**__ In this lesson students will explore the risks and rewards of several investment options. Along the way they will:
 * Give examples of types of investments.
 * Describe the risk-to-reward principle.
 * Discuss how risk tolerance impacts investment decisions.
 * Explain how diversification is used as an investment strategy.

__**4-4 Investing Strategy**__
 * In this lesson students learn about strategies to use when investing.
 * State guidelines for investing.
 * Describe the benefits of dollar cost averaging.
 * Discuss rights and responsibilities related to investing.

Tips for Building Wealth Video:
http://video.about.com/beginnersinvest/Tips-for-Building-Wealth.htm

Investment Comparison Excel: [[file:Investment Comparisons book 4.xls]]
http://www.investopedia.com/articles/basics/

Rule of 72 Video : http://www.youtube.com/watch?v=ZxL_jrzM5sA

**Risk Tolerance Quiz**: http://njaes.rutgers.edu/money/riskquiz/
http://www.russell.com/documents/uk/financial-advisers/russell-investments-financial-advisers-risk-tolerance-questionnaire.pdf http://www.calcxml.com/calculators/inv01?skn=#results

Roth IRA Calculator: http://www.bankrate.com/calculators/retirement/roth-ira-plan-calculator.aspx

 * Mutual Funds Video:** http://www.youtube.com/watch?v=3RU4y1JFzEI

Resources: These non-profit organizations support investment education: >
 * Alliance for Educator Education, www.investoreducation.org
 * American Association of Individual Investors, www.aaii.com
 * Better Investing, www.better-investing.org
 * Investing for Your Future, www.investing.rutgers.edu
 * Financial Industry Regulartory Authoriy (FINRA) http://www.finra.org/