Audio Resource: What’s Wrong With Dow Jones Index?
18 minute Planet Money podcast from this spring. Provides students with a better understanding of how the Dow Jones index is calculated and constructed and its shortcomings vs. S&P500 and Wilshire 5000 indices. Good supplemental resource to use during your investing unit.
About the Author
Tim's saving habits started at seven when a neighbor with a broken hip gave him a dog walking job. Her recovery, which took almost a year, resulted in Tim getting to know the bank tellers quite well (and accumulating a savings account balance of over $300!). His recent entrepreneurial adventures have included driving a shredding truck, analyzing executive compensation packages for Fortune 500 companies and helping families make better college financing decisions. After volunteering in 2010 to create and teach a personal finance program at Eastside College Prep in East Palo Alto, Tim saw firsthand the impact of an engaging and activity-based curriculum, which inspired him to start a new non-profit, Next Gen Personal Finance.