Do you know anything about stocks and bonds? Another expert (Tan) has been promising to do for the past 2 months and she said that I would have it back by the 30th of May and I don't yet. It was due last not officially at midnight. I have no clue about stocks and bonds; I just wanted to see if you could gather enough information and make this happen. I hate to bother you, because I know you have other obligations, but like a good neighbor you've always been there for me, please know that I have no where else to turn. If you are too busy or you don't understand well that's fine; you will always be my #1.
PERSONAL FINANCE 200
BUDGET,CORPORATE STOCKS, BOND, AND MUTUAL FUND
INVESTMENT PORTFOLIO PROJECT
PURPOSE:To open the world of two important concepts in personal finance to you and to give you some practical experience in budgeting and investing. A budget will be completed and the student will invest in two stocks, one bond, and one mutual fund for potential gain and added personal financial security.
SCENARIO:Congratulations! Your good ol' Uncle Zack has given you $10,000 from an inheritance. However, Uncle Zack requires track you monthly expenditures,create a budget and invest this money for your future.
You are to invest the $10,000 as follows: $3,000 in two common stocks for a total investment of $6,000. Invest $1,000 in one corporate bond. Invest the remaining $3,000 in one mutual fund. The two stocks and one bond investments are to be selected from a major stock exchange. The remaining $3,000 is to be invested into one mutual fund. You may go just over or under the amount of money required by Uncle Zack to even out your number of shares if you desired. THIS TRACKING MUST BEGIN DURING THE THRID WEEK AND CONCLUDE ON THE EIGHTH WEEK GIVING YOU SIX SETS OF NUMBERS.
Your $10,000 investment will be divided as follows:
$3,000 in one corporate stock
$3,000 in a second corporate stock
$1,000 in one corporate bond
$3,000 in one mutual fund
$10,000 Total Investment
BEGIN: First, track all your expenses. Keep receipts for all purchases. This can be important for most in the business world. Some expenses can be tax deductible therefore it is important to familiarize yourself with this activity. By the third week of the quarter you will purchase the two stocks, one bond and one mutual fund. For the stocks, the purchase price per stock will be the price listed in the column designated "open" price. For the Bond, the purchase price per bond will be the last price listed. For bonds the spot price will be listed as follows; ex 102.34. You must move the decimal point once to the right for the correct price; ex 102.34 = $1023.40. For the Mutual Fund, the purchase price per share will be the price listed in the column designated "NAV."
COMPANY INFORMATION SHEETS:
You must research one (1) available resource (magazine, newspaper articles, television show etc.), to learn about the companies in which you invested for your stocks, mutual fund and bond. You are to summarize this information and any other related information in your reports one page summary.
GRAPHS: It is suggested to wait until the six-week stocks, bond and mutual fund monitoring period has concluded on the eighth week, before you graph each stock and mutual fund result. NO GRAPH IS DUE FOR THE BOND. Then you will be able to better determine the limits you will need to chart on your graphs. If Yahoo.com is utilized for tracking purposes the data may be downloaded to an excel spreadsheet and a graph can be automatically created. I highly suggest using this feature on Yahoo.com.
WEEKLY DOW JONES INDUSTRIAL AVERAGES:
The Weekly Dow Jones Industrial Averages may be found in the Wall Street Journal or Yahoo.com's finance section. Once again and graph can also be fabricated from Yahoo.com. I suggest using Yahoo.com's finance section to obtain a description of the Dow Jones Industrial Average.
FINAL PROJECT GRADE:
The final project grade will be evaluated based on the submission of completed pages of information. This will include in depth research of your stocks, bond and mutual fund, completed graphs, and the completed purchase/sale page and personal evaluation narrative of the project.
NO STUDENT WILL BE PENALIZED ON THIS PROJECT FOR SHOWING A LOSS FROM HIS/HER INVESTMENTS. HOWEVER, FOR EVER $100 DOLLARS GAINED A BONUS POINT WILL BE AWARDED, $375= 4 BONUS POINTS.
HELPFUL WEBSITES AND RESEARCH GUIDES
Library.sullivan.edu - under the section research guides has a section created for Personal Finance 200
http://www.yahoo.com/ - under the finance section stocks, bonds, and mutual funds can be found and tracked
http://www.morningstar.com/ - Mutual Funds are listed under this site
http://www.fantasystockmarket.com/ - Helpful financial calculators and good information for picking stocks.
http://www.bondsonline.com-/ Good site for locating bonds
http://www.hoovers.com/ - Great site for researching company information
Wall Street Journal - The text of the Wall Street Journal can be accessed though the library web site
Many of the above sites can be accessed though the library web site under research guides and the Personal Finance data base. Ask the librarian if you need assistance.