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Creating Wealth

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Iroquois Ridge High School

This document provides an overview of concepts for creating wealth, including different sources of income, formulas for calculating return on investment and future value, the power of compound interest, the relationship between risk and return, tips from Warren Buffet on long-term stock investing, and alternatives to traditional investments like collectibles. It also lists some useful websites for tools like a compound interest calculator and an online stock trading simulation game.

EducationEconomy & FinanceBusiness
1 of 13
Creating Wealth A primer for high school students
INCOME WEALTH
Sources of Income ,[object Object],[object Object],[object Object],[object Object],[object Object]
Return on Investment Formula ,[object Object],[object Object]
Future Value of a Single Sum ,[object Object],[object Object],[object Object]
Future Value with Compounding ,[object Object],[object Object]
Power of Compound Interest ,[object Object],[object Object]
RISK RETURN
Wealthy Barber ,[object Object]
T AX F REE S AVINGS A CCOUNT ,[object Object],[object Object],http://www.tfsa.gc.ca/
Warren Buffet ,[object Object],[object Object]
Alternatives ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Fun Websites ,[object Object],[object Object],[object Object],[object Object]

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Creating Wealth