Fin 420 assist career path begins fin420assist com
This presentation is the property of its rightful owner.
Sponsored Links
1 / 22

FIN 420 ASSIST Career Path Begins/fin420assist.com PowerPoint PPT Presentation


FIN 420 Week 1 DQ 1FIN 420 Week 1 DQ 2FIN 420 Week 1 Individual Assignment Personal Finance Mission StatementFIN 420 Week 2 Individual Assignment Personal Finance Problems and SummaryFIN 420 Week 2 Personal Finance QuizFIN 420 Week 2 DQ 1FIN 420 Week 2 DQ 2FIN 420 Week 3 Individual Problem WorksheetFIN 420 Week 3 Learning Team ProblemsFIN 420 Week 3 DQ 1FIN 420 Week 3 DQ 2

Download Presentation

FIN 420 ASSIST Career Path Begins/fin420assist.com

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.While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server.


- - - - - - - - - - - - - - - - - - - - - - - - - - E N D - - - - - - - - - - - - - - - - - - - - - - - - - -

Presentation Transcript


Fin 420 assist career path begins fin420assist com

FIN 420 ASSIST Career Path Begins/fin420assist.com


Cja 234 mart the power of possibility cja234martdotcom

FIN 420 ASSIST Career Path Begins/fin420assist.com

CJA 234 MART The power of possibility/cja234martdotcom

FIN 420 Entire Course

FOR MORE CLASSES VISIT

www.fin420assist.com

FIN 420 Week 1 DQ 1

FIN 420 Week 1 DQ 2

FIN 420 Week 1 Individual Assignment Personal Finance Mission Statement

FIN 420 Week 2 Individual Assignment Personal Finance Problems and Summary

FIN 420 Week 2 Personal Finance Quiz

FIN 420 Week 2 DQ 1

FIN 420 Week 2 DQ 2

FIN 420 Week 3 Individual Problem Worksheet

FIN 420 Week 3 Learning Team Problems

FIN 420 Week 3 DQ 1

FIN 420 Week 3 DQ 2


Cja 234 mart the power of possibility cja234martdotcom1

FIN 420 ASSIST Career Path Begins/fin420assist.com

CJA 234 MART The power of possibility/cja234martdotcom

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?


Cja 234 mart the power of possibility cja234martdotcom2

FIN 420 ASSIST Career Path Begins/fin420assist.com

CJA 234 MART The power of possibility/cja234martdotcom

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. What information did you find most valuable on the websites you visited?


Cja 234 mart the power of possibility cja234martdotcom3

FIN 420 ASSIST Career Path Begins/fin420assist.com

CJA 234 MART The power of possibility/cja234martdotcom

  • 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

  • An easy action to take to meet your mission

  • A difficult action to take to meet your mission 

  • Format your assignment consistent with APA guidelines.

  • Note. The information that students use in individual assignments remains confidential between the student and the instructor.


Cja 234 mart the power of possibility cja234martdotcom4

FIN 420 ASSIST Career Path Begins/fin420assist.com

CJA 234 MART The power of possibility/cja234martdotcom

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? How do you use credit as a part of your personal financial plan?


Cja 234 mart the power of possibility cja234martdotcom5

FIN 420 ASSIST Career Path Begins/fin420assist.com

CJA 234 MART The power of possibility/cja234martdotcom

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. How can you use each of these financial institutions to manage your cash flows and develop or enhance your personal financial plan?


Cja 234 mart the power of possibility cja234martdotcom6

FIN 420 ASSIST Career Path Begins/fin420assist.com

CJA 234 MART The power of possibility/cja234martdotcom

  • 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? 

  • What is the role of risk in determining decisions to diversify or how assets are allocated? 

  • Submit the team's answers to the questions including all calculations and a summary of the results.Click the Assignment Files tab to submit your assignment.


Cja 234 mart the power of possibility cja234martdotcom7

FIN 420 ASSIST Career Path Begins/fin420assist.com

CJA 234 MART The power of possibility/cja234martdotcom

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?

3  If a person spends $10 a week on coffee (assume $500 a year), what would be the future value of that amount over 10 years if the funds were deposited in an account earning 3 percent?

4 A financial company that advertises on television will pay you $60,000 now for annual payments of $10,000 that you are expected to receive for a legal settlement over the next 10 years.  What is the present value of this assuming the time value of the money at 10%?


Cja 234 mart the power of possibility cja234martdotcom8

FIN 420 ASSIST Career Path Begins/fin420assist.com

CJA 234 MART The power of possibility/cja234martdotcom

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? What factors affected your investment choices? Consider a friend or family member who is more conservative or less conservative than you. How do their money management behaviors differ from your own?


Cja 234 mart the power of possibility cja234martdotcom9

FIN 420 ASSIST Career Path Begins/fin420assist.com

CJA 234 MART The power of possibility/cja234martdotcom

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? Which of these investment options offer the best returns? What reasons might encourage you to forego a higher return on your emergency funds?


Cja 234 mart the power of possibility cja234martdotcom10

FIN 420 ASSIST Career Path Begins/fin420assist.com

CJA 234 MART The power of possibility/cja234martdotcom

  • 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.

  • Assume you are 59 years old, want to retire in 6 years, and currently have an investment portfolio valued at $550,000 invested in technology stocks. After talking with friends and relatives, you have decided that you have “too many eggs in one basket.” Based on this information, use the asset allocation method described in this chapter and use the following table to diversify your investment portfolio. Then answer the following two questions:

  • o   What are the advantages of asset allocation?


Cja 234 mart the power of possibility cja234martdotcom11

FIN 420 ASSIST Career Path Begins/fin420assist.com

CJA 234 MART The power of possibility/cja234martdotcom

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?

·         Which would you recommend for your retired parents? Justify your answer.

·         Five years ago, you purchased a $1,000 corporate bond issued by General Electric. The interest rate for the bond was 5%. Comparable bonds are paying 6% today.

o   What is the approximate dollar price for which you could sell your General Electric bond?

o   In your own words, describe why your bond decreased in value.


Cja 234 mart the power of possibility cja234martdotcom12

FIN 420 ASSIST Career Path Begins/fin420assist.com

CJA 234 MART The power of possibility/cja234martdotcom

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?

·         Which would you recommend for your retired parents? Justify your answer.

·         Five years ago, you purchased a $1,000 corporate bond issued by General Electric. The interest rate for the bond was 5%. Comparable bonds are paying 6% today.

o   What is the approximate dollar price for which you could sell your General Electric bond?

o   In your own words, describe why your bond decreased in value.


Cja 234 mart the power of possibility cja234martdotcom13

FIN 420 ASSIST Career Path Begins/fin420assist.com

CJA 234 MART The power of possibility/cja234martdotcom

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? Review the amortization tables. What is the difference in total interest one would pay over the life of these two loans? What do these differences show you about the true cost of the car?.


Cja 234 mart the power of possibility cja234martdotcom14

FIN 420 ASSIST Career Path Begins/fin420assist.com

CJA 234 MART The power of possibility/cja234martdotcom

  • 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

  • Fund devoted to retirement investing 

  • Write a 350- to 700-word mutual fund evaluation for each mutual fund using the worksheet of your financial plan as a template. Include the following in your evaluation: 

  • Analysis of the characteristics of each fund

  • Recommendation of the type of investor to which each fund is suited


Cja 234 mart the power of possibility cja234martdotcom15

FIN 420 ASSIST Career Path Begins/fin420assist.com

CJA 234 MART The power of possibility/cja234martdotcom

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.  What is the per earnings share for Kentucky Gas and Oil?

2 Sarah and James Hernandez purchased 150 shares of Cisco Systems stock at $18 a share. One year later, they sold the stock for $25.40 a share. They paid a broker a $32 commission when they purchased the stock and a $40 commission when they sold the stock. During the 12-month period the couple owned the stock, Cisco Systems paid dividends that totaled $0.24. Calculate the Hernandezes’ total return for this investment.


Cja 234 mart the power of possibility cja234martdotcom16

FIN 420 ASSIST Career Path Begins/fin420assist.com

CJA 234 MART The power of possibility/cja234martdotcom

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? Based on what you have identified as most appropriate for you, do you currently have enough life insurance? If not, how can you close this gap?


Cja 234 mart the power of possibility cja234martdotcom17

FIN 420 ASSIST Career Path Begins/fin420assist.com

CJA 234 MART The power of possibility/cja234martdotcom

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? What specific actions do you need to take to make those adjustments or to establish your investment portfolio? What adjustments will you need to make to your budget and investment portfolio to include adequate insurance?Consider your current financial plan.


Cja 234 mart the power of possibility cja234martdotcom18

FIN 420 ASSIST Career Path Begins/fin420assist.com

CJA 234 MART The power of possibility/cja234martdotcom

FIN 420 Week 5 Individual Problem Worksheet

FOR MORE CLASSES VISIT

www.fin420assist.com

Complete the following problems:

· Describe the two types of tax-deferred investment accounts [an IRA, and a 401(k) or 403(b)], and contrast them with a regular taxable investment account. What types of investments are best held in a tax-deferred account? What types are best held as taxable savings?

· Describe the advantages to using a College Savings 529 Plan over gifting money directly to your children in the form of a Uniform Gift to Minor Account. What are some costs and disadvantages of 529 plans? What types of 529 plans are available in your state?


Cja 234 mart the power of possibility cja234martdotcom19

FIN 420 ASSIST Career Path Begins/fin420assist.com

CJA 234 MART The power of possibility/cja234martdotcom

FIN 420 Week 5 Team Assignment Financial Planning in Action

FOR MORE CLASSES VISIT

www.fin420assist.com

Choose a minimum of three of the four following life situations (or use all four):

Husband/wife, two kids, 1 income, mortgage, good salary, some savings, no college fund

Divorced, 55 years old, $1.2 million, 2 kids in college, no debt

24-year-old single woman, college graduate, engineer, $20,000 savings

74-year-old widower, excellent pension, $500,000, long-term care insurance, three children

Write a 1,050- to 1,400-word paper in which you do the following:

Describe the risk tolerance and recommended asset allocation to match that risk for each of the life situations selected.


Fin 420 assist career path begins fin420assist com1

FIN 420 ASSIST Career Path Begins/fin420assist.com


  • Login