Monday-
Topics: Mutual funds
Activities: Students to watch video 2.2/ Notes fill-ins and journal question. Discussion Questions: 1. Explain how mutual funds work? 2. What is the main advantage of a mutual fund? 3. What level of risk do mutual funds carry if well diversified? Refer to graph on p. 170/ Discuss. Will then go over what a prospectus is and how to read. Students will then complete activity “Reading a Prospectus”
Tuesday– substitute
Topics: Qualified plans, annuities, real estate, stock market
Activities: Students to watch video 2.3/ Notes fill-ins and journal question. Discussion Questions: 1. What is a qualified plan? Give an example. 2. What does it mean to have an investment with a “tax deferred arrangement”? 3. What is a Roth IRA? 4. What is an annuity? 5. What are some benefits of adding real estate to your investment portfolio?6. What are some downfalls of investing in real estate? 7. In Dave’s opinion, what are horrible investments? 8. What is the stock market? 9. What is the primary difference between the American Stock exchange and the New York Stock Exchange? Refer to p. 172 “Make the most out of your inheritance”/ Discuss. If time…students will complete activity “Name that Investment”
Wednesday– substitute
Topics: Employer Benefits and Retirement Plans
Activities: Students to watch video 3.1/ Notes fill-ins and journal question. Discussion Questions: 1. What is the purpose of an employer benefits package? 2. what are the typical components of an employer benefits package? 3. When you leave a job, how can you move the money you have saved in your employer’s retirement without paying taxes and penalties? 4. When is it okay to borrow money from your retirement plan? If time, hand back and discuss “Name that Investment activity
Thursday-substitute
Topics: Funding 401(k)s and Roth IRAs
Activities: Students are to complete the investment chart on the “Funding 401(k)s and Roth IRAs” worksheet keeping the following things in mind: Contribution Limits (Roth IRA): Individual- $5500/yr; Married- $11,000/yr. Salary Cap (Roth): Single- $105,000; Married-$166,000.
Friday– substitute
Speaker- Students to listen, take notes, and ask questions as needed.