Investing in the Stock Market
The stock market is often compared to gambling.
The stock market is actually a lot more like gardening.
Planting
Growing
Harvesting
Damage Control
And maybe more damage control
Creativity
Money is the language of cooperation. http://www.luthersem.edu/images/home/Student_group_holding_hands2.jpg
http://www.luthersem.edu/images/home/Student_group_holding_hands2.jpg http://elver.cellosoft.com/Milton_Friedman.jpg Milto...
Social Impact of Investing <ul><li>How do companies use the money you invest? </li></ul><ul><li>How does this affect ordin...
Social Impact of Investing <ul><li>How do companies use the money you invest? </li></ul><ul><li>How does this affect ordin...
Social Impact of Investing <ul><li>How do companies use the money you invest? </li></ul><ul><li>How does this affect ordin...
<ul><li>Open a Roth IRA </li></ul>But how do I do it? Buy shares of SSO do it right now, takes 10 minutes once a year, jus...
How hard is it to set up a Roth IRA?
<ul><li>Go to office of a  discount stock broker </li></ul><ul><li>Fill out a form to open a Roth IRA account </li></ul><u...
<ul><li>Go to office of a  discount stock broker </li></ul><ul><ul><ul><li>can also do this on-line, if you like </li></ul...
<ul><li>Go to office of a  discount stock broker </li></ul><ul><ul><ul><li>can also do this on-line, if you like </li></ul...
Discount stock brokers are very different Charles Schwab TD Ameritrade E*Trade Fidelity Fee per purchase Scottrade $7 $13 ...
<ul><li>Scottrade is the cheapest right now </li></ul><ul><ul><li>only $7 fee for each purchase </li></ul></ul><ul><ul><li...
Roth IRA
Roth IRA Instead of choosing this box for an individual account…
Roth IRA Choose this box for a Roth IRA account
Roth IRA Choose this box for a Roth IRA account and write in “Roth” on this line
<ul><li>Account number </li></ul><ul><li>Password </li></ul><ul><li>Deposit slip for your $500 </li></ul>What you get
<ul><li>Open a Roth IRA </li></ul>But how do I do it? Buy shares of SSO do it right now, takes 10 minutes once a year, jus...
The Next Day Cash $500 Total Account Value $500 Your new Roth IRA:
SSO  costs $70 for one share You buy 7 shares for $490 Fee is $7 for the  SSO  purchase Buy SSO Cash $500 Total Account Va...
SSO  costs $70 for one share You buy 7 shares for $490 Fee is $7 for the  SSO  purchase Buy SSO Cash $500 Total Account Va...
SSO  costs $70 for one share You buy 7 shares for $490 Fee is $7 for the  SSO  purchase Five years pass WOW!!! Cash $500 T...
Time
Time We usually just think of time as something that turns young people into old people.
In your job,  YOU  do all the work.
In your job,  YOU  do all the work. In the stock market,  TIME  does all the work.
but only if you turn on the faucet In your job,  YOU  do all the work. In the stock market,  TIME  does all the work.
1. Open a Roth IRA 2. Buy shares of SSO In your job,  YOU  do all the work. In the stock market,  TIME  does all the work.
But how do I get my money back?
But how do I get my money back?  Easy - go to broker’s office & ask them for a cashier’s check. For larger accounts, they ...
<ul><li>Open a Roth IRA </li></ul>Two Easy Steps Buy shares of SSO do it right now, takes 10 minutes once a year, just 10 ...
Why is SSO a simple, safe strategy for beginners?
1950 Now Combined Share Prices of the Biggest 500 Companies (S&P500) The basic direction of the US stock market is overwhe...
<ul><li>SSO </li></ul><ul><li>combination of the largest 500 U.S. companies </li></ul><ul><li>stock price has risen at  14...
When you buy SSO, your only risk is that the entire United States economy will continue to succeed as it has for 200 years.
<ul><li>What about stock market crashes? </li></ul>crash of 1973-1974 crash of 1987 crash of 2000 still haven’t recovered!...
When you buy SSO every year, crashes average out quickly. http://finance.yahoo.com/q/bc?t=my&s=SPY&l=on&z=l&q=l&c= Purchas...
When you buy SSO every year, crashes average out quickly. http://finance.yahoo.com/q/bc?t=my&s=SPY&l=on&z=l&q=l&c= Of the ...
Buy   SSO   on your birthday each year. http://www.americangirlplace.com/images/chi/pkgs/img_chi_pkgs_party.jpg
Buy   SSO   on your birthday each year. http://www.americangirlplace.com/images/chi/pkgs/img_chi_pkgs_party.jpg once a mon...
Is there a better strategy than SSO?
EEM  stock price is increasing at  36%  per year SSO Standard & Poor’s 500 Index Fund (Ultra) -  largest 500 U.S. companie...
SSO The 500 largest US companies Exchange Traded Funds Each is a group of similar stocks Individual Companies Safest Riski...
SSO The 500 largest US companies Exchange Traded Funds Each is a group of similar stocks Individual Companies Safest Riski...
SSO The 500 largest US companies Exchange Traded Funds Each is a group of similar stocks Individual Companies Safest Riski...
SSO The 500 largest US companies Exchange Traded Funds Each is a group of similar stocks Individual Companies Safest Riski...
Exchange Traded Funds (ETFs) An ETF is a group of related stocks
SSO Ultra S&P500 ETF
SSO Ultra S&P500 ETF Includes many different companies
SSO Ultra S&P500 ETF Includes 500 different companies Diversified across many sectors
IYE Energy ETF
IYE Energy ETF Includes many different companies
IYE Energy ETF Includes many different companies Nearly all are in the energy sector
Why is a Roth IRA the best kind of account?
<ul><li>typical old-style pension plan </li></ul><ul><li>401(k) plan </li></ul><ul><li>Roth IRA </li></ul><ul><li>Roth 401...
<ul><li>typical old-style pension plan </li></ul><ul><ul><li>you get exactly $3000 per month until you die </li></ul></ul>...
<ul><li>typical old-style pension plan </li></ul><ul><ul><li>you get exactly $3000 per month until you die </li></ul></ul>...
Ted Benna 401(k) Retirement Plan https://www.expertplan.com/images/tedbenna2.jpg
<ul><li>Your best deal if your employer makes a large  matching contribution </li></ul><ul><li>Some employers put $50 into...
<ul><li>typical old-style pension plan </li></ul><ul><ul><li>you get exactly $3000 per month until you die </li></ul></ul>...
<ul><li>typical old-style pension plan </li></ul><ul><ul><li>you get exactly $3000 per month until you die </li></ul></ul>...
<ul><li>you pay  NO TAX  on Roth IRA </li></ul><ul><li>you can only contribute $4000 per year </li></ul><ul><li>start rece...
<ul><li>Deposit $4000 into a Roth IRA in 2007 </li></ul><ul><ul><li>Invest the $4000 in a good stock (like SSO) </li></ul>...
<ul><li>typical old-style pension plan </li></ul><ul><ul><li>you get exactly $2000 per month until you die </li></ul></ul>...
<ul><li>typical old-style pension plan </li></ul><ul><ul><li>you get exactly $2000 per month until you die </li></ul></ul>...
<ul><li>Open a Roth IRA </li></ul><ul><li>Buy shares of SSO </li></ul>Review
<ul><li>Open a Roth IRA </li></ul><ul><ul><li>Go to office of a  discount stock broker </li></ul></ul><ul><ul><ul><li>can ...
<ul><li>Open a Roth IRA </li></ul><ul><ul><li>Go to office of a  discount stock broker </li></ul></ul><ul><ul><ul><li>can ...
<ul><li>Open a Roth IRA </li></ul><ul><ul><li>Go to office of a  discount stock broker </li></ul></ul><ul><ul><ul><li>can ...
<ul><li>Open a Roth IRA </li></ul><ul><ul><li>Go to office of a  discount stock broker </li></ul></ul><ul><ul><ul><li>can ...
http://images.amazon.com/images/G/covers/0/45/116/520/0451165209.l.gif http://www.edicionesobelisco.com/portadas/3717.jpg ...
Save or invest 10% of  each paycheck  as soon as you’re paid. Then  pay your new bills. Pay yourself first.
<ul><li>My job at Quizno’s doesn’t pay that much. </li></ul><ul><ul><li>shouldn’t I wait until I get a real job? </li></ul...
<ul><li>My job at Quizno’s doesn’t pay that much. </li></ul><ul><ul><li>shouldn’t I wait until I get a real job? </li></ul...
<ul><li>My job at Quizno’s doesn’t pay that much. </li></ul><ul><ul><li>shouldn’t I wait until I get a real job? </li></ul...
<ul><li>My job at Quizno’s doesn’t pay that much. </li></ul><ul><ul><li>shouldn’t I wait until I get a real job? </li></ul...
Then  pay your new bills. Use the next 20% of  each paycheck  to pay a portion of your debt. What if I’m in debt? Save or ...
Pay all credit card debt first <ul><li>your absolute highest priority </li></ul><ul><li>credit card interest is ridiculous...
Giving <ul><li>get started now </li></ul><ul><li>it’s important to practice giving, even when you don’t have much </li></ul>
 
 
Jennifer Thompson 123-45-6789 3 Jan 08 sister x x 100 If you die, when your new baby sister turns 60, she’s already a mult...
American Red Cross FEIN 123-45-6789 charitable foundation x x 100 If you die, your favorite charity gets a million dollars
CSU Student Investing Club <ul><li>every Monday </li></ul><ul><li>6 PM </li></ul><ul><li>Rockwell Hall, Room 119 </li></ul...
Further Reading
Upcoming SlideShare
Loading in...5
×

investing.ppt

3,303

Published on

Published in: Economy & Finance, Business
1 Comment
1 Like
Statistics
Notes
No Downloads
Views
Total Views
3,303
On Slideshare
0
From Embeds
0
Number of Embeds
1
Actions
Shares
0
Downloads
107
Comments
1
Likes
1
Embeds 0
No embeds

No notes for slide

investing.ppt

  1. 1. Investing in the Stock Market
  2. 2. The stock market is often compared to gambling.
  3. 3. The stock market is actually a lot more like gardening.
  4. 4. Planting
  5. 5. Growing
  6. 6. Harvesting
  7. 7. Damage Control
  8. 8. And maybe more damage control
  9. 9. Creativity
  10. 10. Money is the language of cooperation. http://www.luthersem.edu/images/home/Student_group_holding_hands2.jpg
  11. 11. http://www.luthersem.edu/images/home/Student_group_holding_hands2.jpg http://elver.cellosoft.com/Milton_Friedman.jpg Milton Friedman Economist, University of Chicago Free markets allow thousands of people to cooperate in making an ordinary pencil.
  12. 12. Social Impact of Investing <ul><li>How do companies use the money you invest? </li></ul><ul><li>How does this affect ordinary people? </li></ul>
  13. 13. Social Impact of Investing <ul><li>How do companies use the money you invest? </li></ul><ul><li>How does this affect ordinary people? </li></ul>expand existing businesses start new businesses
  14. 14. Social Impact of Investing <ul><li>How do companies use the money you invest? </li></ul><ul><li>How does this affect ordinary people? </li></ul>expand existing businesses start new businesses creates more jobs creates higher-paying jobs
  15. 15. <ul><li>Open a Roth IRA </li></ul>But how do I do it? Buy shares of SSO do it right now, takes 10 minutes once a year, just 10 minutes (once a month is even better!)
  16. 16. How hard is it to set up a Roth IRA?
  17. 17. <ul><li>Go to office of a discount stock broker </li></ul><ul><li>Fill out a form to open a Roth IRA account </li></ul><ul><li>Give them $500 to put in your account </li></ul>Opening your Roth IRA
  18. 18. <ul><li>Go to office of a discount stock broker </li></ul><ul><ul><ul><li>can also do this on-line, if you like </li></ul></ul></ul><ul><li>Fill out a form to open a Roth IRA account </li></ul><ul><li>Give them $500 to put in your account </li></ul>Opening your Roth IRA
  19. 19. <ul><li>Go to office of a discount stock broker </li></ul><ul><ul><ul><li>can also do this on-line, if you like </li></ul></ul></ul><ul><li>Fill out a form to open a Roth IRA account </li></ul><ul><ul><ul><li>takes about 10 minutes </li></ul></ul></ul><ul><ul><ul><li>they give you an account number and password </li></ul></ul></ul><ul><li>Give them $500 to put in your account </li></ul>Opening your Roth IRA
  20. 20. Discount stock brokers are very different Charles Schwab TD Ameritrade E*Trade Fidelity Fee per purchase Scottrade $7 $13 $10 $13 $20 $500 $1,000 No minimum $1,000 No minimum Minimum amount you may invest http://scottrade.com/online_broker_comparison/discount_brokerage_comparison.asp
  21. 21. <ul><li>Scottrade is the cheapest right now </li></ul><ul><ul><li>only $7 fee for each purchase </li></ul></ul><ul><ul><li>only $500 minimum is needed to invest </li></ul></ul><ul><ul><li>as fast as opening a checking account </li></ul></ul>
  22. 22. Roth IRA
  23. 23. Roth IRA Instead of choosing this box for an individual account…
  24. 24. Roth IRA Choose this box for a Roth IRA account
  25. 25. Roth IRA Choose this box for a Roth IRA account and write in “Roth” on this line
  26. 26. <ul><li>Account number </li></ul><ul><li>Password </li></ul><ul><li>Deposit slip for your $500 </li></ul>What you get
  27. 27. <ul><li>Open a Roth IRA </li></ul>But how do I do it? Buy shares of SSO do it right now, takes 10 minutes once a year, just 10 minutes (once a month is even better!)
  28. 28. The Next Day Cash $500 Total Account Value $500 Your new Roth IRA:
  29. 29. SSO costs $70 for one share You buy 7 shares for $490 Fee is $7 for the SSO purchase Buy SSO Cash $500 Total Account Value $500 Your new Roth IRA:
  30. 30. SSO costs $70 for one share You buy 7 shares for $490 Fee is $7 for the SSO purchase Buy SSO Cash $500 Total Account Value $500 Your new Roth IRA: SSO – 7 shares $490 Cash $3 Total Account Value $493 After SSO purchase:
  31. 31. SSO costs $70 for one share You buy 7 shares for $490 Fee is $7 for the SSO purchase Five years pass WOW!!! Cash $500 Total Account Value $500 Your new Roth IRA: SSO – 7 shares $490 Cash $3 Total Account Value $493 After SSO purchase: SSO – 7 shares $980 Cash $3 Total Account Value $983 Five years later:
  32. 32. Time
  33. 33. Time We usually just think of time as something that turns young people into old people.
  34. 34. In your job, YOU do all the work.
  35. 35. In your job, YOU do all the work. In the stock market, TIME does all the work.
  36. 36. but only if you turn on the faucet In your job, YOU do all the work. In the stock market, TIME does all the work.
  37. 37. 1. Open a Roth IRA 2. Buy shares of SSO In your job, YOU do all the work. In the stock market, TIME does all the work.
  38. 38. But how do I get my money back?
  39. 39. But how do I get my money back? Easy - go to broker’s office & ask them for a cashier’s check. For larger accounts, they even give you a regular checkbook, just like an ordinary checking account.
  40. 40. <ul><li>Open a Roth IRA </li></ul>Two Easy Steps Buy shares of SSO do it right now, takes 10 minutes once a year, just 10 minutes (once a month is even better!)
  41. 41. Why is SSO a simple, safe strategy for beginners?
  42. 42. 1950 Now Combined Share Prices of the Biggest 500 Companies (S&P500) The basic direction of the US stock market is overwhelmingly upwards http://finance.yahoo.com/q/bc?s=%5EGSPC&t=my&l=on&z=l&q=l&c=
  43. 43. <ul><li>SSO </li></ul><ul><li>combination of the largest 500 U.S. companies </li></ul><ul><li>stock price has risen at 14.8% per year for 50 years </li></ul>SSO stock price General Motors 1962 Now http://finance.yahoo.com/q/bc?t=my&s=GM&l=on&z=l&q=l&c=&c=%5EGSPC
  44. 44. When you buy SSO, your only risk is that the entire United States economy will continue to succeed as it has for 200 years.
  45. 45. <ul><li>What about stock market crashes? </li></ul>crash of 1973-1974 crash of 1987 crash of 2000 still haven’t recovered! SSO stock price http://finance.yahoo.com/q/bc?t=my&s=GM&l=on&z=l&q=l&c=&c=%5EGSPC
  46. 46. When you buy SSO every year, crashes average out quickly. http://finance.yahoo.com/q/bc?t=my&s=SPY&l=on&z=l&q=l&c= Purchases in later years are much cheaper Suppose you started buying SSO at the worst possible time March 24, 2000
  47. 47. When you buy SSO every year, crashes average out quickly. http://finance.yahoo.com/q/bc?t=my&s=SPY&l=on&z=l&q=l&c= Of the last 8 purchases, 7 are already profitable Price today Suppose you started buying SSO at the worst possible time March 24, 2000
  48. 48. Buy SSO on your birthday each year. http://www.americangirlplace.com/images/chi/pkgs/img_chi_pkgs_party.jpg
  49. 49. Buy SSO on your birthday each year. http://www.americangirlplace.com/images/chi/pkgs/img_chi_pkgs_party.jpg once a month is even better!
  50. 50. Is there a better strategy than SSO?
  51. 51. EEM stock price is increasing at 36% per year SSO Standard & Poor’s 500 Index Fund (Ultra) - largest 500 U.S. companies EEM Emerging Markets Index Fund (iShares ) - large companies outside the U.S. http://finance.yahoo.com/q/bc?s=SPY&t=my&l=off&z=l&q=l&c=eem,iws SSO stock price is increasing at 14.8% per year
  52. 52. SSO The 500 largest US companies Exchange Traded Funds Each is a group of similar stocks Individual Companies Safest Riskiest Choosing Your Risk Level
  53. 53. SSO The 500 largest US companies Exchange Traded Funds Each is a group of similar stocks Individual Companies Safest Riskiest Choosing Your Risk Level Just one choice!
  54. 54. SSO The 500 largest US companies Exchange Traded Funds Each is a group of similar stocks Individual Companies Safest Riskiest Choosing Your Risk Level Just one choice! 600 choices
  55. 55. SSO The 500 largest US companies Exchange Traded Funds Each is a group of similar stocks Individual Companies Safest Riskiest Choosing Your Risk Level Just one choice! 600 choices 8000 choices
  56. 56. Exchange Traded Funds (ETFs) An ETF is a group of related stocks
  57. 57. SSO Ultra S&P500 ETF
  58. 58. SSO Ultra S&P500 ETF Includes many different companies
  59. 59. SSO Ultra S&P500 ETF Includes 500 different companies Diversified across many sectors
  60. 60. IYE Energy ETF
  61. 61. IYE Energy ETF Includes many different companies
  62. 62. IYE Energy ETF Includes many different companies Nearly all are in the energy sector
  63. 63. Why is a Roth IRA the best kind of account?
  64. 64. <ul><li>typical old-style pension plan </li></ul><ul><li>401(k) plan </li></ul><ul><li>Roth IRA </li></ul><ul><li>Roth 401(k) </li></ul>Retirement Basics
  65. 65. <ul><li>typical old-style pension plan </li></ul><ul><ul><li>you get exactly $3000 per month until you die </li></ul></ul><ul><ul><li>amount never rises (worth 3.4% less each year) </li></ul></ul><ul><li>401(k) plan </li></ul><ul><li>Roth IRA </li></ul><ul><li>Roth 401(k) </li></ul>Retirement Basics
  66. 66. <ul><li>typical old-style pension plan </li></ul><ul><ul><li>you get exactly $3000 per month until you die </li></ul></ul><ul><ul><li>amount never rises (worth 3.4% less each year) </li></ul></ul><ul><li>401(k) plan much better </li></ul><ul><ul><li>you may invest the money, get 14.8% more each year </li></ul></ul><ul><ul><li>some employers make matching contributions </li></ul></ul><ul><ul><li>but you still have to pay tax </li></ul></ul><ul><li>Roth IRA </li></ul><ul><li>Roth 401(k) </li></ul>Retirement Basics
  67. 67. Ted Benna 401(k) Retirement Plan https://www.expertplan.com/images/tedbenna2.jpg
  68. 68. <ul><li>Your best deal if your employer makes a large matching contribution </li></ul><ul><li>Some employers put $50 into your 401(k) account for every $100 you put in </li></ul><ul><li>Basically like getting 50% interest, an incredible deal </li></ul>401(k) Retirement Accounts
  69. 69. <ul><li>typical old-style pension plan </li></ul><ul><ul><li>you get exactly $3000 per month until you die </li></ul></ul><ul><ul><li>amount never rises (worth 3.4% less each year) </li></ul></ul><ul><li>401(k) plan much better </li></ul><ul><ul><li>you may invest the money, get 14.8% more each year </li></ul></ul><ul><ul><li>some employers make matching contributions </li></ul></ul><ul><ul><li>but you still have to pay tax </li></ul></ul><ul><li>Roth IRA </li></ul><ul><li>Roth 401(k) </li></ul>Some Brief History
  70. 70. <ul><li>typical old-style pension plan </li></ul><ul><ul><li>you get exactly $3000 per month until you die </li></ul></ul><ul><ul><li>amount never rises (worth 3.4% less each year) </li></ul></ul><ul><li>401(k) plan much better </li></ul><ul><ul><li>you may invest the money, get 14.8% more each year </li></ul></ul><ul><ul><li>some employers make matching contributions </li></ul></ul><ul><ul><li>but you still have to pay tax </li></ul></ul><ul><li>Roth IRA also better, but unlike 401(k) </li></ul><ul><ul><li>you may invest the money, get 14.8% more each year </li></ul></ul><ul><ul><li>employer not involved, no matching contributions </li></ul></ul><ul><ul><li>you pay no tax </li></ul></ul><ul><li>Roth 401(k) </li></ul>Some Brief History
  71. 71. <ul><li>you pay NO TAX on Roth IRA </li></ul><ul><li>you can only contribute $4000 per year </li></ul><ul><li>start receiving retirement pay at age 60 </li></ul><ul><li>no penalty for early withdrawal </li></ul><ul><ul><li>but pay 15% capital gains tax on any increases </li></ul></ul>Roth IRA William V. Roth, Jr. U.S. Senator,Delaware http://www.sussexcountyonline.com/campaign2000/results/images/roth.jpeg www.fairmark.com/rothira/roth101.htm Roth Individual Retirement Account -1998
  72. 72. <ul><li>Deposit $4000 into a Roth IRA in 2007 </li></ul><ul><ul><li>Invest the $4000 in a good stock (like SSO) </li></ul></ul><ul><ul><li>Stock price increases 10% by 2008 ($400) </li></ul></ul><ul><li>Roth IRA is worth $4400 in 2008 </li></ul><ul><ul><li>you lose your job, and you need money </li></ul></ul><ul><ul><li>withdraw the entire $4400 to live on </li></ul></ul><ul><ul><li>pay 15% tax on $400 increase ($60 tax) </li></ul></ul><ul><ul><li>you have $4340 left to live on </li></ul></ul>15% Capital Gains Tax
  73. 73. <ul><li>typical old-style pension plan </li></ul><ul><ul><li>you get exactly $2000 per month until you die </li></ul></ul><ul><ul><li>amount never rises (worth 3.4% less each year) </li></ul></ul><ul><li>401(k) plan much better </li></ul><ul><ul><li>you may invest the money, get 14.8 % more each year </li></ul></ul><ul><ul><li>some employers make matching contributions </li></ul></ul><ul><ul><li>but you still have to pay income tax each year </li></ul></ul><ul><li>Roth IRA also better, but unlike 401(k) </li></ul><ul><ul><li>you may invest the money, get 14.8 % more each year </li></ul></ul><ul><ul><li>employer not involved, no matching contributions </li></ul></ul><ul><ul><li>you pay no taxes </li></ul></ul><ul><li>Roth 401(k) </li></ul>Some Brief History
  74. 74. <ul><li>typical old-style pension plan </li></ul><ul><ul><li>you get exactly $2000 per month until you die </li></ul></ul><ul><ul><li>amount never rises (worth 3.4% less each year) </li></ul></ul><ul><li>401(k) plan much better </li></ul><ul><ul><li>you may invest the money, get 14.8 % more each year </li></ul></ul><ul><ul><li>some employers make matching contributions </li></ul></ul><ul><ul><li>but you still have to pay income tax each year </li></ul></ul><ul><li>Roth IRA also better, but unlike 401(k) </li></ul><ul><ul><li>you may invest the money, get 14.8 % more each year </li></ul></ul><ul><ul><li>employer not involved, no matching contributions </li></ul></ul><ul><ul><li>you pay no taxes </li></ul></ul><ul><li>Roth 401(k) best of both! (new 2006) </li></ul>Some Brief History
  75. 75. <ul><li>Open a Roth IRA </li></ul><ul><li>Buy shares of SSO </li></ul>Review
  76. 76. <ul><li>Open a Roth IRA </li></ul><ul><ul><li>Go to office of a discount stock broker </li></ul></ul><ul><ul><ul><li>can also do this on-line, if you like </li></ul></ul></ul><ul><li>Buy shares of SSO </li></ul>Review
  77. 77. <ul><li>Open a Roth IRA </li></ul><ul><ul><li>Go to office of a discount stock broker </li></ul></ul><ul><ul><ul><li>can also do this on-line, if you like </li></ul></ul></ul><ul><ul><li>Fill out a form to open a Roth IRA account </li></ul></ul><ul><ul><ul><li>they give you an account number and password </li></ul></ul></ul><ul><li>Buy shares of SSO </li></ul>Review
  78. 78. <ul><li>Open a Roth IRA </li></ul><ul><ul><li>Go to office of a discount stock broker </li></ul></ul><ul><ul><ul><li>can also do this on-line, if you like </li></ul></ul></ul><ul><ul><li>Fill out a form to open a Roth IRA account </li></ul></ul><ul><ul><ul><li>they give you an account number and password </li></ul></ul></ul><ul><ul><li>Give them $500 to put in your account </li></ul></ul><ul><li>Buy shares of SSO </li></ul>Review
  79. 79. <ul><li>Open a Roth IRA </li></ul><ul><ul><li>Go to office of a discount stock broker </li></ul></ul><ul><ul><ul><li>can also do this on-line, if you like </li></ul></ul></ul><ul><ul><li>Fill out a form to open a Roth IRA account </li></ul></ul><ul><ul><ul><li>they give you an account number and password </li></ul></ul></ul><ul><ul><li>Give them $500 to put in your account </li></ul></ul><ul><li>Buy shares of SSO </li></ul><ul><ul><li>Go to WWW & log into new Roth IRA </li></ul></ul><ul><ul><li>Buy shares of SSO with your $500 </li></ul></ul>Review
  80. 80. http://images.amazon.com/images/G/covers/0/45/116/520/0451165209.l.gif http://www.edicionesobelisco.com/portadas/3717.jpg http://www.pragma.cz/files/2f24f9b0ed5a310f5fab5bf90ff65bb6.jpg www.buch-des-tages.de/ Archiv/20020707.htm http://www.qbooks.com.tw/C_qbooks/book_pic/BIIXXC100004.jpg http://www.ujkonyvpiac.hu/images/ujkonyvek/Babilon.jpg http://www.nnbh.com/base/63/images/9057120763.jpg http://www.cote100.com/fr/boutique/boutique_desc/images/babylone_small.gif
  81. 81. Save or invest 10% of each paycheck as soon as you’re paid. Then pay your new bills. Pay yourself first.
  82. 82. <ul><li>My job at Quizno’s doesn’t pay that much. </li></ul><ul><ul><li>shouldn’t I wait until I get a real job? </li></ul></ul>But I’m just a kid.
  83. 83. <ul><li>My job at Quizno’s doesn’t pay that much. </li></ul><ul><ul><li>shouldn’t I wait until I get a real job? </li></ul></ul>But I’m just a kid. No. You need actual practice in investing.
  84. 84. <ul><li>My job at Quizno’s doesn’t pay that much. </li></ul><ul><ul><li>shouldn’t I wait until I get a real job? </li></ul></ul><ul><li>I already have a lot of student loan debt </li></ul><ul><ul><li>shouldn’t I pay that off first? </li></ul></ul>But I’m just a kid. No. You need actual practice in investing.
  85. 85. <ul><li>My job at Quizno’s doesn’t pay that much. </li></ul><ul><ul><li>shouldn’t I wait until I get a real job? </li></ul></ul><ul><li>I already have a lot of student loan debt </li></ul><ul><ul><li>shouldn’t I pay that off first? </li></ul></ul>But I’m just a kid. No. You need actual practice in investing. No. You need to invest even when you’re in debt.
  86. 86. Then pay your new bills. Use the next 20% of each paycheck to pay a portion of your debt. What if I’m in debt? Save or invest 10% of each paycheck as soon as you’re paid.
  87. 87. Pay all credit card debt first <ul><li>your absolute highest priority </li></ul><ul><li>credit card interest is ridiculous, often 20% </li></ul>www.best-credit-card-deals.com/images/best-credit-card-deals.jpg
  88. 88. Giving <ul><li>get started now </li></ul><ul><li>it’s important to practice giving, even when you don’t have much </li></ul>
  89. 91. Jennifer Thompson 123-45-6789 3 Jan 08 sister x x 100 If you die, when your new baby sister turns 60, she’s already a multimillionaire TAX-FREE
  90. 92. American Red Cross FEIN 123-45-6789 charitable foundation x x 100 If you die, your favorite charity gets a million dollars
  91. 93. CSU Student Investing Club <ul><li>every Monday </li></ul><ul><li>6 PM </li></ul><ul><li>Rockwell Hall, Room 119 </li></ul>You will not be spending any money!
  92. 94. Further Reading
  1. A particular slide catching your eye?

    Clipping is a handy way to collect important slides you want to go back to later.

×