Essential Questions. It takes money to make money
|
|
|
- Bernard Simmons
- 5 years ago
- Views:
Transcription
1 Essential Questions 1. How does the time value of money affect the future value of an investment? 2. Why is it important to diversify your investments? 3. How are liquidity and diversification related? 4. How do you know which type of investment is best for you? It takes money to make money Investment pyramid, types of investments (stocks, bonds, mutual funds, real estate, 401K, IRA), Time Value of Money, Simple Interest, Compound Interest, Rule of 72, Risk vs. Return, Diversification, Stock Ticker, Stock Exchange, Dividend, Stock Classifications
2 Savings: Income not spent on current consumption or taxes Investing: Setting money aside for longer-term goals. Money could be lost, but higher potential return Google images Rule 70% Spent 20% Saved 10% Invested Invested, 10 Saved, 20 PYF ( Pay yourself First) - 20% Saved - Fixed Expense Spent, 70
3 1. Checking Account 2. Savings account 3. Money Market Account 4. Certificate of Deposit (CD) 5. Bonds p. 35 NEFE BOOK
4 Time Value of $ Refers to the relationship between time, money, and rate of interest. 1. The more money you have to save/invest now (P/PV), the more you will have in the future (FV). 2. The higher the rate of interest (r), the more money you are likely to have. 3. The sooner you invest, the more time (t) it has to make new money & the more you will have
5 72 Interest Rate = 72 Years Needed to Double Investment Limitations Is only an approximation Requires the interest rate to remain constant Interest earned is reinvested Can Tell You = Years Needed to Double Investment Interest Rate Required Years it will take to double an investment (or debt) How long it will take debt to double if no payments are made Interest rate needed to double an investment given a time It is the greatest mathematical discovery of all time.
6 Doug invested $2,500 into a Certificate of Deposit earning a 7% interest rate. How long will it take Doug s investment to double? 72 = years to double investment 7
7 Simple Interest Simple Interest: Earning interest only on principal Interest = Principal x Interest Rate x Time I = P x r x T $100 in an account that earns 3% interest for 1 year. How much interest are you earning? What is the total amount in the account (maturity value)? Maturity Value: Amount received when loan is due
8 Earning interest on interest A = P (1+ r/n) nt or FV = PV (1+r/n) nt A = amount in the account P = principal (which is the original amount invested) r = interest rate expressed as a decimal n = number times per year interest is compounded t = number of years invested Ex. Invest $100 at 10% for 1 year compounded 1 time a year After year 1:? Invest $100 at 10% for 1 year compounded 365 times a year After 1 year:? hat-is-compound-interest#axzz1ccdfwuqy
9 Simple Interest Invest $5,000 at 10% interest for 10 years (compounded once a year) Interest =? Total Amount =? Compound Invest $5,000 at 10% interest for 10 years (compounded daily) Interest =? Total Amount =? Ex. 1 FV=? PV = $2,500 r = 4% n = 12 t = 15 yrs Ex. 2 FV=? PV = $3,500 r = 9% n = 12 t = 25 yrs
10 Investments that involve a degree of risk, but also a higher potential R.O.R than income investments Real Estate Collectibles Stocks Mutual Funds Retirement Accounts 3-H
11 Portfolio: Group of financial assets or investments Securities: An investment that represents ownership (stock) or a debt agreement (bonds). Broker: Person who charges a commission to buy & sell securities Commission: Fee charged by a brokerage firm for the buying and/or selling of a security. Diversification: Reducing investment risk by putting money in several different types of investments.
12
13 Balanced Portfolio Penny Stocks 7% Mutual Funds 22% Blue Chip Stocks 15% Real Estate 11% Money Market Accounts 11% Corporate Bonds 19% Government Bonds 15%
14 An item of worth or value that is collected Advantages High potential R.O.R Interest & enjoyment Disadvantages Illiquidity High Cost Fraud
15 A type of security that signifies ownership in a corporation and represents a claim on part of the corporation's assets and earnings. Equity Capital = Selling ownership of company Advantages: - High potential R.O.R - Ownership & Voting Rights - Dividends Disadvantages: - High risk - No guarantee of dividends
16 Land and anything that is attached to it. Appreciation: general increase in value of a property. Depreciation: general decrease in value of a property. Home Equity: Difference between selling price & amt. you owe (Amount of Ownership)
17 Investment that pools money from multiple investors to invest in stocks, bonds, & other securities Advantages: Diversification, professionally managed, convenient Disadvantages: Lack of control, fees & costs Types of Mutual Funds: Stock Mutual Funds: (aggressive, growth, equity, index) Bond Mutual Funds Mixed Mutual Funds
18 troduction-mutual-funds#axzz1ccdfwuqy
19 Google Images Defined Benefit Plan: Specifies benefits employee will receive at retirement based on earnings and experience. Social Security: Social Insurance System (93% of Americans qualify) Based on earnings statement w/ credits Currently 2.9 workers for each beneficiary. By 2035, there will be 2.1 Why is it becoming less & less common???
20 Defined Contribution Plan: Specifies contributions made by an employee / employer to a retirement account.(401k/403b/ira) 59 ½ Contributions guaranteed, not earnings 401k / IRA : Retirement plan in which money is invested in your choice of stocks, bonds, mutual funds, etc. - Employer may or may not match Vesting: The right on an employee to keep the company s contributions to his/her retirement plan. Become vested at a specific time. ( 5 years) nderstanding-your-401k#axzz1ccdfwuqy
21 Tax exempt: An investment free from local, state, & federal tax. Ex. Municipal Bond Tax deferred: Investment in which income is not taxed until money is withdrawn at a later date Tax deductible: Amount that reduces taxable income
22
23 Interest Rate Risk: Risk of interest rates going down or up. Inflation Risk: Risk of prices increasing Liquidity Risk: Risk of not being able to convert an asset into cash. Business Failure Risk: Risk of business going out of business. (Stocks & Corporate Bonds)
Introduction to Investing
Introduction to Investing "Take Charge of Your Finances" Advanced Level Saving and Investing Once an appropriate amount of liquid assets are reached Remember: The purpose of savings is to develop financial
Saving and Investing
Presentation Slides $ Lesson Twelve Saving and Investing 04/09 pay yourself first (a little can add up) example 1: Save this each week At % Interest In 10 years you ll have $7.00 5% $4,720 $14.00 5% $9,400
Financial Literacy - Money Trek
Financial Literacy - Money Trek MODULE 5 - SAVING & INVESTING PREPARED BY: FINANCIAL LITERACY COMMITTEE, AAUW CALIFORNIA Objectives Identify ways to save money. Understand why it is important to save.
Financial Institutions vs. Financial Markets
Learning Objectives 1. I will gain an understanding of the different types of investment. 2. I will gain an understanding of the expected rate of return, risk, and liquidity for specific types of investments.
Savings Accounts. Chapter 30 12/4/2017 1
Savings Accounts Chapter 30 12/4/2017 1 Why save money? 12/4/2017 2 What is savings? Savings is money put aside for future use. Save for: Major purchases Save to buy with cash rather than credit Emergencies
Investing for now and the future. Co-opTrust Investment Services Presentation by Lydia Muchiri 26 June 2010
Investing for now and the future Co-opTrust Investment Services Presentation by Lydia Muchiri 26 June 2010 Outline Saving vs Investing Key Considerations before starting Stages of life and investing Set
Saving and Investing. Your Money at Work
Saving and Investing Your Money at Work Savings vs. Investing SAVINGS Savings is usually money you set aside for short-term goals. Money in savings may be invested later. Money in savings is very safe.
Checking, Saving, Investing, and Protecting your money Unit 3
Checking, Saving, Investing, and Protecting your money Unit 3 Banks Financial Institutions licensed to receive and utilize deposits There are 2 main types of Banks Retail/Commercial Banks- Financial Institutions
LESSON PLAN. Saving and Investing
LESSON PLAN Saving and Investing Introduce the advantages and disadvantages of common savings and investment vehicles, and show the short- and long-term effects of various savings and investment choices.
Kummer Financial Glossary
Kummer Financial Glossary 401(k) Plan A tax-deferred defined contribution retirement plan that gives eligible employees the opportunity to defer a portion of their current compensation into the plan. Amounts
Math of Finance Exponential & Power Functions
The Right Stuff: Appropriate Mathematics for All Students Promoting the use of materials that engage students in meaningful activities that promote the effective use of technology to support mathematics,
A Guide To DEFINED FOCUSED DISCIPLINED
A Guide To F I R S T T R U S T U N I T I N V E S T M E N T T R U S T S DEFINED FOCUSED DISCIPLINED W H A T I S A U N I T I N V E S T M E N T T R U S T? U I T F E A T U R E S A unit investment trust or
Savings is the portion of current income not spent on consumption. Savings account, money markets, certificate of deposit (CD)
Investing Saving vs. Investing Savings is the portion of current income not spent on consumption. Savings account, money markets, certificate of deposit (CD) Investing is the purchase of assets with the
Flexible, Tax-Free Savings Roth IRA
Flexible, Tax-Free Savings Roth IRA Date December 5 th, 2012 Presented by: Doug Meyers AC: 1211-5303 This presentation is the property of ICMA-RC and may not reproduced or redistributed in any manner.
Time Value of Money. Ex: How much a bond, which can be cashed out in 2 years, is worth today
Time Value of Money The time value of money is the idea that money available now is worth more than the same amount in the future - this is essentially why interest exists. Present value is the current
Personal Finance Final Exam Study Guide
Personal Finance Final Exam Study Guide Your final exam will consist of 140 questions. There are around 40 questions from the Credit/Debt unit, and around 8-9 questions from each of the other 5 units of
Just the Facts: Investing
Let s Start Today Just the Facts: Investing Inspired by 1. Are you ready to start investing? Find out. Take an inventory of where you are today. Protect yourself with savings in case you encounter: Losing
Gladys Porter Early College High School. Alberto Velez. Brownsville, Texas
Gladys Porter Early College High School Alberto Velez Brownsville, Texas Chapter 7 Investing and Estate Planning Section 7.1 INVESTMENTS Objectives Explain the role of investments in overall financial
ORGANIZE, PLAN, AND OWN YOUR FUTURE
Be In The Front Seat ORGANIZE, PLAN, AND OWN YOUR FUTURE Making financial health a priority for women HERE S WHAT WE LL COVER: Why now? Getting organized Building your plan Owning your future 2 WHEN IT
GLOSSARY OF FINANCIAL TERMS
GLOSSARY OF FINANCIAL TERMS Financial Terms AGI (Adjusted Gross Income) This is what the IRS considers your annual income BEFORE you ve subtracted personal exemptions, deductions, and credits. It can be
excerpt from The Wealthy Barber by David Chilton
Section 03 Unit 02 Banking Services Saving & Investing 03.02. Wealth beyond your wildest dreams is possible if you learn the golden secret: Invest ten percent of all you make for long-term growth. If you
Chapter Organization. The future value (FV) is the cash value of. an investment at some time in the future.
Chapter 5 The Time Value of Money Chapter Organization 5.2. Present Value and Discounting The future value (FV) is the cash value of an investment at some time in the future Suppose you invest 100 in a
Mutual Funds and Other Investment Companies
Chapter 4 Mutual Funds and Other Investment Companies Bodie, Kane, and Marcus Essentials of Investments Tenth Edition 4.1 Investment Companies Functions Record keeping and administration Diversification
GLOSSArY OF RETIREMENT TERMS
FIRST SECURITY BENEFIT LIFE INSURANCE AND ANNUITY COMPANY OF NEW YORK GLOSSArY OF RETIREMENT TERMS 401(k ) A defined contribution plan offered by a corporation to its employees, which allows employees
Data Gathering. Questionnaire
Data Gathering Questionnaire Personal Information CLIENT 1 Name Address City, State Zip Phone: Home Work Cell Email Birth date Marital Status Single Married Widowed Are you a citizen of the United States?
DEBT. Liabilities A liability is a company s (or individual s) financial debt or obligations that arise during the course of its business operations.
FINANCIAL ABCs DEBT Amortization Amortization is the paying off of debt with a fixed repayment schedule in regular installments over a period of time, e.g., with a mortgage or a car loan. Annual Percentage
Suggested Answers to Discussion Questions
Suggested Answers to Discussion Questions 1. Arguments for Mutual Fund Ownership Greater level of diversification Professional management Establish an investment program with a limited amount of capital
Mutual Fund Investing: Investment Concepts to Consider
GET THE FACTS! Mutual Fund Investing: Investment Concepts to Consider This guide discusses some of the investment concepts and goals that you should consider when you invest in mutual funds. The first
Disclosures. CD's are FDIC Insured and offer a fixed rate of return if held to maturity.
Disclosures This statement has been prepared by Robert Young for informational purposes only and does not replace the statement(s) you should receive directly from your investment sponsor(s). The goal
Teacher's Guide. Lesson Ten. Saving and Investing 01/11
Teacher's Guide $ Lesson Ten Saving and Investing 01/11 saving and investing websites web sites for savings and investing The internet is probably the most extensive and dynamic source of information in
Investment vs. Structure. \
![Investment vs. Structure. \](/thumbs/85/91886620.jpg "Investment vs. Structure. \")
Investment vs. Structure CONCERN: What types of securities/insurance products support the payments? A fixed annuity contract issued by a life insurance company. For cases involving incompetent individuals,
A GUIDE TO PREPARING FOR RETIREMENT
A GUIDE TO PREPARING FOR RETIREMENT MaineSaves A Guide to Preparing for Retirement MaineSaves, the State of Maine s voluntary retirement savings plan, is designed to help you move forward on your journey
Three reasons to invest
Investing Three reasons to invest Investing helps beat inflation Investments should grow faster Investing increases wealth Investments increase wealth faster than savings accounts Investing is fun and
FINANCIAL INSTITUTIONS
SAVING WHY? to invest later Life like no one else is living now so you can live like no one else is living later in case of emergencies for big items to avoid debt to have more money later why don t people
Session II: Where to Invest. Byron Caskey Financial Consultant February 14, 2017
Session II: Where to Invest Byron Caskey Financial Consultant February 14, 2017 1 Seek the advice of tax and legal advisors This presentation is designed to provide accurate and authoritative information
Fixed Annuities. Annuity Product Guides. A safe, guaranteed and tax-deferred way to grow your retirement savings.
Annuity Product Guides Fixed Annuities A safe, guaranteed and tax-deferred way to grow your retirement savings Modernizing retirement security through trust, transparency and by putting the customer first
WHAT IS MONEY? Unit of Exchange. Types of Money. Pine Gulch Skit 12/12/2016
Pine Gulch Skit WHAT IS MONEY? Unit of Exchange Under the Barter System Barter (trade) is the exchange of one good or service for another Requires double coincidence of want both people have to want what
Personal Finance and Portfolio Management Strategies
The Iowa Electronic Markets Personal Finance and Portfolio Management Strategies Examination Curriculum using the IEM Federal Reserve Monetary Policy and the Computer Industry Returns Markets By Jan E.
Your guide to investment terms
Understanding the language of investing Your guide to investment terms The investment world seems to have a language of its own. The novice or even veteran investor can be confused by it from time to time.
Unit 13: Investing and Retirement
Investing and Retirement There is no more reading from the textbook or quizzes. The rest of the textbook is covered in the Advanced Family Finance class. However, there are a few things that I like to
Lecture Notes 2. XII. Appendix & Additional Readings
Foundations of Finance: Concepts and Tools for Portfolio, Equity Valuation, Fixed Income, and Derivative Analyses Professor Alex Shapiro Lecture Notes 2 Concepts and Tools for Portfolio, Equity Valuation,
Calculating Interest in the Real World Project
Name: Due Date: Background Learn the Lingo: Calculating Interest in the Real World Project Interest the amount of money paid for the use of money. (If you are borrowing money, you pay interest to the bank/lender.)
Retirement Matters: Distributions from Retirement Plans. Slide 1
Slide 1 If you re like many Americans, you ve been setting aside money for your retirement. Now that you re nearing retirement age, it may soon be time to start drawing money from your qualified retirement
SEP-IRA PLAN. Employee Guidebook CONTENTS. Welcome Building retirement savings Options for investing Get started Open your account
SEP-IRA PLAN Employee Guidebook CONTENTS WELCOME. We know your retirement savings will be one of your most valuable assets, so we are committed to managing risk and taking a long-term approach to investing.
Chapter 3 Mathematics of Finance
Chapter 3 Mathematics of Finance Section R Review Important Terms, Symbols, Concepts 3.1 Simple Interest Interest is the fee paid for the use of a sum of money P, called the principal. Simple interest
Building Your Future
personal finance Building Your Future Robert B. Walker University of Iowa Kristy P. Walker University of Iowa Mc Graw Hill Education contents PREFACE IX section one MONEY $ MONEY $ MONEY $ 1 CHARTER 1
Deferred Fixed Annuities
Deferred Fixed Annuities Tax-deferred saving for retirement with a guaranteed rate of return Fixed annuities available at Fidelity are issued by third-party insurance companies, which are not affiliated
Asset Allocation Exam Study Guide
Asset Allocation Exam Study Guide This document contains the questions that will be on the exam. When you have studied the course materials, reviewed the questions in this document, and feel that you are
2018 FINANCIAL PLANNING CHALLENGE CARL AND NAOMI BERMAN CASE STUDY
2018 FINANCIAL PLANNING CHALLENGE CARL AND NAOMI BERMAN CASE STUDY Client Welcome Letter... 3 Executive Summary... 4 Summary of Current Financial Condition... 5 Statement of Net Worth... 5 Statement of
Understanding the Language of Investing Your Guide to Investment Terms
Understanding the Language of Investing Your Guide to Investment Terms The investment world seems to have a language of its own. The novice or even veteran investor can be confused by it from time to time.
Table 4 Savings at Age 65 from an Additional 2% Contribution to Tax-Deferred Savings
Basically, there are two ways to make up for lost time and have adequate savings for retirement. The first is to take action that can result in a larger nest egg before retirement. The second is to take
401(k) 529 plan a American Stock Exchange (ASE) annual fee annual percentage rate (APR) asset auto insurance b bad debt balance bank bankruptcy
401(k) A retirement savings plan funded by employees and often matched by contributions from the employer; contributions are usually made before taxes and grow tax-free until withdrawn, although after-tax
P.Y.F. Participant s Guide
P.Y.F. Participant s Guide 1 Table of Contents Welcome Pre-Test Pay Yourself First Saving for Purchases Emergency Savings Retirement Savings Daily Decisions Matter Savings Tips How Your Money Grows (Simple
YOUR GUIDE TO GETTING STARTED
Engility Master Savings Plan Invest in your retirement and yourself today, with help from Engility Master Savings Plan and Fidelity. YOUR GUIDE TO GETTING STARTED Invest some of what you earn today for
2
1 2 3 4 5 6 Say that you need to generate $4,000 per month in retirement and $1,000 will come from social security and you have no other pension. This leaves $3,000 per month, or $36,000 per year, that
Chapter 4. Discounted Cash Flow Valuation
Chapter 4 Discounted Cash Flow Valuation Appreciate the significance of compound vs. simple interest Describe and compute the future value and/or present value of a single cash flow or series of cash flows
FNCE 5610, Personal Finance H Guy Williams, 2009
Ch 12: Supplement A Fixed-Income Securities Basic Concepts of Lending Securities Fixed-income securities (bonds): are securities where an investor lends funds to the issuer in exchange for a promise of
Interest: The money earned from an investment you have or the cost of borrowing money from a lender.
8.1 Simple Interest Interest: The money earned from an investment you have or the cost of borrowing money from a lender. Simple Interest: "I" Interest earned or paid that is calculated based only on the
FNCE 5610, Personal Finance H Guy Williams, 2009
CH 12: Introduction to Investment Concepts Introduction to Investing Investing is based on the concept that forgoing immediate consumption results in greater future consumption (through compound interest
Savings and Investment
Lecture Notes for Chapter 3 of MACROECONOMICS: An Introduction Savings and Investment Copyright 2000-2009 by Charles R. Nelson 1/8/09 In this chapter we will discuss- How savings becomes investment. Banks
CHAPTER 5-THE BANKING SYSTEM. Section 2- Savings Accounts
CHAPTER 5-THE BANKING SYSTEM Section 2- Savings Accounts THE PURPOSE OF SAVINGS To save money for your future wants and needs Helps you meet your financial goals Every personal goal, should have financial
Get the Most From Your 401(k) Plan
401(k) Guide Get the Most From Your 401(k) Plan The Larry H. Miller Associates Retirement Plan and Trust (the Plan ) is a great benefit offered by your company. It s an excellent way to prepare for your
Students will be able to identify factors that affect personal financial decisions. list and apply the six steps to financial planning.
Personal Finance Essential Questions: 1. Explain the difference between a career and an occupation and how it affects your future? 2. What can I do to ensure that I will be successful when making and managing
Summit Equities, Inc.
Investing Involves Risk ( Summit ) has generally summarized below what we feel are relevant risks broadly relating to the types of securities we primarily recommend and invest in for our client accounts;
Asset Allocation Exam Study Guide
Asset Allocation Exam Study Guide This document contains all the questions that will included in the final exam, in the order that they will be asked. When you have studied the course materials, reviewed
WEALTH CARE KIT SM. Investment Planning. A website built by the National Endowment for Financial Education dedicated to your financial well-being.
WEALTH CARE KIT SM Investment Planning A website built by the dedicated to your financial well-being. Do you have long-term goals you re uncertain how to finance? Are you a saver or an investor? Have you
THE BASICS OF INVESTING HELPING YOU PAINT A VIBRANT FUTURE
THE BASICS OF INVESTING HELPING YOU PAINT A VIBRANT FUTURE Getting Started Is Easier Than You Think One of the biggest misconceptions about securing your financial future is that you have to be a financial
MYGAs. Multi-Year Guaranteed Annuities. Annuity Product Guides. A safe, guaranteed and tax-deferred way to grow your retirement savings
Annuity Product s MYGAs Multi-Year Guaranteed Annuities A safe, guaranteed and tax-deferred way to grow your retirement savings Modernizing retirement security through trust, transparency and by putting
Working for Your Future
Working for Your Future Valero Energy Corporation Thrift Plan Highlights Enroll Today Congratulations! You are now eligible to participate in the Valero Energy Corporation Thrift Plan (the Thrift Plan
Financial Literacy Course. East High School Module 2
Financial Literacy Course East High School Module 2 What will you learn about? Savings Vehicles Retirement Plans Principal & Interest Income Compounding Interest & the Rule of 72 Saving Vehicles Saving
The Archdiocese of New Orleans 401(k) Plan. A great way to save for your future
The Archdiocese of New Orleans 401(k) Plan A great way to save for your future A: The answer is b) 33%. That means you ll have to save money on top of Social Security to fund your retirement. Welcome to
Financial Literacy Course. East High School Module 10
Financial Literacy Course East High School Module 10 What will you learn about? What is Investing In the Stock Exchanges What is Investing? Risk & Return Generally, the higher the risk, the higher the
The three formulas we use most commonly involving compounding interest n times a year are
Section 6.6 and 6.7 with finance review questions are included in this document for your convenience for studying for quizzes and exams for Finance Calculations for Math 11. Section 6.6 focuses on identifying
MGT201 Financial Management All Subjective and Objective Solved Midterm Papers for preparation of Midterm Exam2012 Question No: 1 ( Marks: 1 ) - Please choose one companies invest in projects with negative
How to Make Money. Building your Own Portfolio. Alexander Lin Joey Khoury. Professor Karl Shell ECON 4905
How to Make Money Building your Own Portfolio Alexander Lin Joey Khoury Professor Karl Shell ECON 4905 Agenda Types of Stock Fixed Income Securities Portfolio Maximization and Macroeconomic Considerations
SERVING A STRONG FUTURE
ENROLLMENT OVERVIEW SERVING A STRONG FUTURE HPOU 457 DEFERRED COMPENSATION PLAN PRODUCTS AND FINANCIAL SERVICES PROVIDED BY AMERICAN UNITED LIFE INSURANCE COMPANY, A ONEAMERICA COMPANY PREPARE FOR YOUR
Certificates of Deposit Linked to the Bloomberg Commodity Index SM Wells Fargo Bank, N.A.
Certificates of Deposit Linked to the Bloomberg Commodity Index SM Wells Fargo Bank, N.A. Subject to Completion Preliminary Terms Supplement dated July 6, 2017 Terms Supplement dated, 2017 to Disclosure
Adding Mutual Funds to a Stock Portfolio Adding Stocks to a Fund Portfolio. An Introduction to Initial Public Offerings
Primary Subject Accounting Tutorial 20 Stock-Investing Tips 401(k) Plans A Simple Adding to a Stock Adding to a Fund Advantages of Alternative Investments Alternatives to Probate American Depository Receipts
Turbid Tuesday, November 13
Turbid Tuesday, November 13 Warm up: Talk to your neighbor about what you plan to do to earn and save enough money for retirement. Talk about how old you d like to be when you retire and how much money
A Guide to Retirement Planning Using Annuities. Don t Just Buy an Annuity Buy the Right Annuity! By Brent Meyer
A Guide to Retirement Planning Using Annuities. Don t Just Buy an Annuity Buy the Right Annuity! By Brent Meyer 1 Don t Just Buy an Annuity Buy the Right Annuity! Page Table of Contents What is an Annuity...3
Section 8.1. I. Percent per hundred
1 Section 8.1 I. Percent per hundred a. Fractions to Percents: 1. Write the fraction as an improper fraction 2. Divide the numerator by the denominator 3. Multiply by 100 (Move the decimal two times Right)
Social Security & Progressive Taxation
Social Security & Progressive Taxation There are two sections to this software. The first deals with taxation of Social Security. The topic of the second section is progressive tax rates. You go from one
Name Class Period UNIT 2 FINANCIAL LITERACY NOTES. DEPOSITORY INSTITUTIONS A business which offers multiple services in banking and finance.
Types UNIT 2 FINANCIAL LITERACY NOTES DEPOSITORY INSTITUTIONS A business which offers multiple services in banking and finance Advantages Disadvantages Services Offered COMMERCIAL BANK CREDIT UNION Used
RSPP Exp 1/23/2019. Transition. Magellan Health, Inc. Retirement Savings Plan. Place client logo here
0286146-00002-00 Exp 1/23/2019 RSPP470 Transition Presented by Daniel Dionne. CRC Place client logo here Magellan Health, Inc. Retirement Savings Plan This presentation is intended to provide information
Industrial Security Integrators, Saving for retirement may be the easiest part of your day.
Industrial Security Integrators, Saving for retirement may be the easiest part of your day. Welcome to the plan. RELAX, YOU VE GOT COMPANY ON THE ROAD TO RETIREMENT. No matter where you are on the road
PFIN 5: Banking Procedures 24
PFIN 5: Banking Procedures 24 5 1 Checking Accounts OBJECTIVES Explain the purpose and use of a checking account. Prepare a checkbook register. Write a check and prepare a deposit slip. Prepare a bank
Chapter 2 Time Value of Money
1. Future Value of a Lump Sum 2. Present Value of a Lump Sum 3. Future Value of Cash Flow Streams 4. Present Value of Cash Flow Streams 5. Perpetuities 6. Uneven Series of Cash Flows 7. Other Compounding
Banking and Finance. EXAM INFORMATION Items. Points. Prerequisites. Grade Level. Course Length. Career Cluster EXAM BLUEPRINT. Performance Standards
EXAM INFORMATION Items 58 Points 74 Prerequisites NONE Grade Level 10-12 Course Length ONE SEMESTER DESCRIPTION Students will gain an understanding of the banking and financial industries. The course will
Drexel University Retirement Plan
Drexel University Retirement Plan 23A 7% is the average saving rate at Vanguard. Source: Vanguard, How America Saves 2016. Vanguard recommends saving 12% 15%. Retirement Income Calculator How much
The most important and simple rule to financial success.
*The Rule of 72 The most important and simple rule to financial success. Take Charge Today March 2014 Rule of 72 Slide 1 How are Albert Einstein and the Rule of 72 related? *Albert Einstein Take Charge
Annuities and Income Streams
Annuities and Income Streams MATH 151 Calculus for Management J. Robert Buchanan Department of Mathematics Summer 212 Objectives After completing this lesson we will be able to: determine the value of
Understanding Interest Rates
Money & Banking Notes Chapter 4 Understanding Interest Rates Measuring Interest Rates Present Value (PV): A dollar paid to you one year from now is less valuable than a dollar paid to you today. Why? -
A guide to investing in cash alternatives
A guide to investing in cash alternatives What you should know before you buy Wells Fargo Advisors wants to help you invest in cash alternative products that are suitable for you based on your investment
Allen & Betty Abbett. Personal Investment Analysis. Sample Financial Plan - TOTAL Goal-Based Planning
Mar 29, 2018 Personal Investment Analysis Allen & Betty Abbett John Smith Asset Advisors Example, LLC A Registered Investment Advisor 2430 NW Professional Drive Corvallis, OR 97330 877-421-9815 www.moneytree.com
MaineSTART - Saving Today to Afford Retirement Tomorrow. A penny saved is a penny earned. - Benjamin Franklin. A MainePERS Program
A penny saved is a penny earned - Benjamin Franklin A MainePERS Program APRIL 2019 Why Save? While many of us talk about retirement, the truth is that too many of us don t do enough to plan for our retirement.
A guide to investing in unit investment trusts
A guide to investing in unit investment trusts What you should know before you buy Wells Fargo Advisors wants to ensure that you are investing in the products that best suit your financial situation, investment
Key Schwab Observation for Market Value Allocation - PCRA vs. Core Offering 3. Market Value Allocation - Asset Classes. 4
The leading industry benchmark on participant investment activity within self-directed brokerage accounts for retirement plans Table of Contents: Key Schwab Observation for 2002 2 Market Value Allocation
Exponential Growth and Decay
Exponential Growth and Decay Identifying Exponential Growth vs Decay A. Exponential Equation: f(x) = Ca x 1. C: COEFFICIENT 2. a: BASE 3. X: EXPONENT B. Exponential Growth 1. When the base is greater than
Summary Plan Description. General Mills 401(k) Plan. 401(k) + Pension Program. October 2017 H
Summary Plan Description General Mills 401(k) Plan 401(k) + Pension Program October 2017 H000199499 TABLE OF CONTENTS Page 4 Page 5 Page 8 Page 12 Page 16 Page 27 Page 29 INTRODUCTION ELIGIBILITY and ENROLLMENT
Focus on. Fixed Income. Member SIPC 1 MKD-3360L-A-SL EXP 31 JUL EDWARD D. JONES & CO, L.P. ALL RIGHTS RESERVED.
Focus on Fixed Income www.edwardjones.com Member SIPC 1 5 HOW CAN I STAY ON TRACK? 4 HOW DO I GET THERE? 1 WHERE AM I TODAY? MY FINANCIAL NEEDS 3 CAN I GET THERE? 2 WHERE WOULD I LIKE TO BE? 2 Our Objectives