1 / 20

FIN 420 ASSIST The power of possibility/fin420assistdotcom

FOR MORE CLASSES VISIT <br>www.fin420assist.com<br><br>FIN 420 Week 1 Individual Assignment Identify Personal Financial Goals<br> <br>FIN 420 Week 1 DQ 1<br>FIN 420 Week 1DQ 2<br>FIN 420 Week 2 Individual Assignment Worksheets 6 and 7<br> <br>FIN 420 Week 2 LT Deliverable (Update on Final Project)<br>FIN 420 Week 2 DQ 1<br>FIN 420 Week 2DQ 2<br>FIN 420 Week 3 Individual Assignment Personal Financial Plan<br> <br>FIN 420 Week 3 LT Deliverable (Update on Final Project)<br>FIN 420 Week 3 DQ 1<br>FIN 420 Week 3DQ 2<br>

cmpunk6905
Download Presentation

FIN 420 ASSIST The power of possibility/fin420assistdotcom

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript


  1. FIN 420 ASSIST The power of possibility/fin420assistdotcom

  2. FIN 420 ASSIST The power of possibility FIN 420 Entire Course FOR MORE CLASSES VISIT www.fin420assist.com • FIN 420 Week 1 Individual Assignment Identify Personal Financial Goals • FIN 420 Week 1 DQ 1 • FIN 420 Week 1DQ 2 • FIN 420 Week 2 Individual Assignment Worksheets 6 and 7

  3. FIN 420 ASSIST The power of possibility FIN 420 Week 1 DQ 1 FOR MORE CLASSES VISIT www.fin420assist.com • Describe your current budgeting system. What factors influence your financial decisions? What are the benefits or concerns of your current budgeting system?

  4. FIN 420 ASSIST The power of possibility FIN 420 Week 1 DQ 2 FOR MORE CLASSES VISIT www.fin420assist.com • Ch. 1 of Focus on Personal Finance introduces eight components of personal financial planning. Describe three components of personal financial planning. Visit one of the Key websites suggested on the corresponding pages of Focus on Personal Finance for each of the three components you described.

  5. FIN 420 ASSIST The power of possibility FIN 420 Week 1 Individual Assignment Personal Finance Mission Statement FOR MORE CLASSES VISIT www.fin420assist.com • Write a 350- to 700-word personal finance mission statement that describes where you want to be financially and how you want to get there. Communicate the following in your mission statement:  • Personal values • Financial goals • Future vision

  6. FIN 420 ASSIST The power of possibility FIN 420 Week 2 DQ 1 FOR MORE CLASSES VISIT www.fin420assist.com • Consider your personal cash flows. How would you adjust cash outflows (i.e. adjust your budget) if your household income was cut in half? If your cash inflows increased, how would you reallocate your surplus to meet your personal needs and objectives?

  7. FIN 420 ASSIST The power of possibility FIN 420 Week 2 DQ 2 FOR MORE CLASSES VISIT www.fin420assist.com • Many different types of financial institutions exist. Differentiate between deposit institutions and non-deposit institutions. Provide two examples of deposit and non-deposit financial institutions with a brief explanation of each.

  8. FIN 420 ASSIST The power of possibility FIN 420 Week 2 Individual Assignment Personal Finance Problems and Summary FOR MORE CLASSES VISIT www.fin420assist.com • Complete the Personal Finance Problems - Week 2. • Write a 750- to 1,050-word summary of the problems in which the team includes the following:  • What influence does present and future value of money have on the different scenarios? 

  9. FIN 420 ASSIST The power of possibility FIN 420 Week 2 Personal Finance Quiz FOR MORE CLASSES VISIT www.fin420assist.com • 1  Carla Lopez deposits $2,500 a year into her retirement account. If these funds have an average earning of 8 percent over the 40 years until her retirement, what will be the value of her retirement account? • 2  An ATM with a service fee of $2 is used by a person 100 times in a year. What would be the future value in 10 years (use a 3 percent rate) of the annual amount paid in ATM fees?

  10. FIN 420 ASSIST The power of possibility FIN 420 Week 3 DQ 1 FOR MORE CLASSES VISIT www.fin420assist.com • Evaluate your personal risk tolerance using Exhibit 11-2 A Quick Test to Measure Investment Risk in Ch. 11 of Focus on Personal Finance. Based on your results, were you considered more conservative or less conservative?

  11. FIN 420 ASSIST The power of possibility FIN 420 Week 3 DQ 2 FOR MORE CLASSES VISIT www.fin420assist.com • Financial experts agree that having an emergency fund is an essential component of a comprehensive financial plan. However, advice regarding the number of months of household expenses the emergency fund should cover varies between 3 and 9 months. Taking into account the current financial environment, how many months of expenses would you recommend for an emergency fund and why? What are three investment options that are appropriate for an emergency fund?

  12. FIN 420 ASSIST The power of possibility FIN 420 Week 3 Individual Problem Worksheet FOR MORE CLASSES VISIT www.fin420assist.com • Complete Worksheet 37 in Focus on Personal Finance, “Your Financial Plan – Evaluating Corporate Bonds.” • Explain the principle of asset allocation. Using the Internet or library research, prepare a 2-minute presentation describing why the principle of asset allocation is important when establishing an investment program.

  13. FIN 420 ASSIST The power of possibility FIN 420 Week 3 Learning Team Problems FOR MORE CLASSES VISIT www.fin420assist.com • Assume that you are choosing an investment for your retired parents. What are the advantages and disadvanges of each of the following? • o   a bond issued by the federal government, • o   a state or local government, • o   or a corporation?

  14. FIN 420 ASSIST The power of possibility FIN 420 Week 4 DQ 1 FOR MORE CLASSES VISIT www.fin420assist.com • Adjustable rate mortgages (ARMs) have received a great deal of bad press due to the tremendous number of foreclosures resulting from families who could not afford the loan payments once the interest rates increased. Do you believe this loan option was used appropriately in recent years?

  15. FIN 420 ASSIST The power of possibility FIN 420 Week 4 DQ 2 FOR MORE CLASSES VISIT www.fin420assist.com • Visit a site such as www.bankrate.com to determine current rates for both a 60-month and a 36-month loan on a new car where the buyer must finance $20,000. Using the loan calculator, what is the difference in monthly payments between the 60-month loan and the 36-month loan?

  16. FIN 420 ASSIST The power of possibility FIN 420 Week 4 Individual Assignment Mutual Fund Evaluation FOR MORE CLASSES VISIT www.fin420assist.com • Choose a mutual fund family such as Vanguard, American Funds, T. Rowe Price, and so forth. • Identify one mutual fund from that family for each of the following categories:  • Actively managed common stock fund • Fixed income fund • Balanced fund • International fund

  17. FIN 420 ASSIST The power of possibility FIN 420 Week 4 Personal Finance Quiz FOR MORE CLASSES VISIT www.fin420assist.com • 1 As a stockholder of Kentucky Gas and Oil, you receive its annual report. In the financial statements, the firm reported after-tax earnings of $1,200,000 and has issued 1,500,000 shares of common stock. The stock is currently selling for $24 a share. 

  18. FIN 420 ASSIST The power of possibility FIN 420 Week 5 DQ 1 FOR MORE CLASSES VISIT www.fin420assist.com • Life insurance is a topic many people do not like to discuss, but understanding your family’s needs and planning appropriately in the event of a premature death is also part of a comprehensive financial plan. Outlined in Ch. 10 are four methods for estimating life insurance needs. Which insurance options are most appropriate for your family situation?

  19. FIN 420 ASSIST The power of possibility FIN 420 Week 5 DQ 2 FOR MORE CLASSES VISIT www.fin420assist.com • Consider your current financial plan. Based on what you have learned about your financial goals, risk tolerance, and risk and return of various investment options, what adjustments should you make to the asset allocation of your investment portfolio?

  20. FIN 420 ASSIST The power of possibility/fin420assistdotcom THANK YOU

More Related