Category: Investing

Interactive: Test Your Investing Decision-Making

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Jul 18, 2018
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Behavioral Finance, Interactive, Investing, Stocks
Hat tip to Big Picture Blog which pointed to this Jason Zweig article about whether our brains are wired for wealth. It's a great read and buried within it is a reference to the Iowa Gambling Task, which provides a good proxy for decision-making and risk-taking. Here's the premise of the game: you start The game takes about 5-10 minutes and I created a set of reflection questions (below) and here's link to a PBS video explaining the brain science behind the game. Here's the opening screen...

Would You Rather Own A 1952 A+ Mickey Mantle Baseball Card or Shares in a Start-Up Bookseller?

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Jul 17, 2018
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Investing, Stocks, Current Events
What if in the 1996-97 time frame you were asked the question: Would you rather spend $120,000 on a 1952 A+ Mickey Mantle baseball card or buy 8,000 shares of this new online bookseller based in Seattle? Regardless of whether you were a Yankee fan or not, you probably would have thought the baseball card was a sure thing in retaining and probably increasing in value...and you would have been right. It did more than retain its value. As for that online bookseller, I think you know their...

What I'm Reading this Weekend (July 14-15)

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Jul 13, 2018
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Current Events, Economics, Investing, Paying for College, Internships, Retirement
Economics Inflation ticked up in June to 2.9%, the highest level in 6 years. What does that mean for workers? (see Chart of the Week below) Rare earth metals, critical in production of Americans’ extra appendage (cellphones), come from China. How will the trade wars with China impact this market?  Higher Ed and News for Recent Grads The state of student loan debt in words and pictures! Berklee College of Music finds success by bucking the trend and making its Online program a...

Having Trouble Explaining Bitcoin? Try These Cartoons!

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Jul 13, 2018
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Cryptocurrencies, Cartoons, Investing
Questions: In your own words, what is bitcoin?  Find a chart showing bitcoin prices over the past 12 months? When do you think investors thought bitcoin was "a sure thing?" Is bitcoin a physical currency, as the last cartoon indicates?  Where is bitcoin accepted today? Have you been to a store that accepts it?  Spend 5 minutes researching articles about "tulips and 1636." What does this have to do with bitcoin?     ...

Investing Activity Idea: How Can a Jar of Jelly Beans Teach Students About the Stock Market?

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Jul 12, 2018
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Investing, Activity, Stocks, Behavioral Finance
How can we teach students about the stock market when they have no investing experience? I listened to this Masters of Business podcast with Barry Ritholtz interviewing investor and author Joel Greenblatt and picked up a few good ideas. Joel is not only a practitioner (a very successful hedge fund manager) but also an educator having spent the last 20+ years as a professor at Columbia Business School. Joel described the challenges of describing the stock market to a group of 9th graders at...

Interactive: How has the Dow Jones Industrial Average Changed Over the Years?

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Jul 10, 2018
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Investing, Stocks, Interactive, Current Events
Use this interactive to show how the U.S. economy as represented by the DJIA has changed. Click on the start button and you this interactive will show companies entering and leaving the index over time. You can also pause it as these changes occur.  Note: This CNN interactive hasn't been updated to reflect GE getting booted out in June 2018. Who was their replacement? Answer below.  Questions: How has the composition of the Dow Jones Industrial Average changed over the years as...

Top 10 Posts on NGPF Blog for 2017-18 School Year

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Jul 05, 2018
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Current Events, Behavioral Finance, Index Funds, Cryptocurrencies, Investing, Budgeting
The NGPF Blog provides educators with two posts daily during the school year, including an engaging question of the day. Teachers rely on the daily Question of the Day as a great conversation starter and appreciate that it engages all students since it requires no prior knowledge. In addition, the blog provides a great way to note trends in personal finance, highlight high quality resources and share ideas from our teacher community. With the school year ended, we wanted to highlight the most...

Investing links that have caught my attention recently

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Jul 03, 2018
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Investing, Behavioral Finance
I've been catching up on my summer reading recently. Here are a few investing posts from the blogosphere that caught my attention (thanks to Abnormal Returns for your curating skills!): Solin's Simple Rules. What would be your four rules for investing? Follow these four rules and you will be better off than 98% of the investing public. Flashback to Bill Bernstein's insight about investing: It's simple but not easy.  What's the most important number in financial planning? Asset...

NGPF Podcast: Tim Talks to JL Collins About Financial Independence and Investing

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Jun 29, 2018
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Podcasts, Index Funds, Investing, Budgeting, Behavioral Finance
It started out innocently enough...he wanted to write letters of financial advice to his daughter. J.L. Collins never imagined that his blog would become a favorite source for the financial independence movement. His knack for storytelling and simplifying complex topics has boosted his blog popularity to over two million pageviews per year and convinced him to write a book, The Simple Path to Wealth. Hear how this proponent of index investing (his Stock Series is a must read for those who...

Podcast Review: The Indicator from Planet Money

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Jun 26, 2018
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Podcasts, Employment, Investing, Professional Development
I had an hour long drive and wanted to try a new podcast: The Indicator. Here's what I liked about it: Duration: It's short at 10 minutes  Topical: Lots of content that would interest a personal finance teacher Format: The two podcasters (Stacey Vanek Smith and Cardiff Garcia) have great rapport and make it entertaining. I also like the data that they share to buttress their key points. It will help me come up with good Questions of Day.  Frequency: it's daily so you have lots of...

Videos: Brain Games Related to Money

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Jun 21, 2018
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Behavioral Finance, Video Resource, Investing, Advertising, Financial Scams
I was just introduced to this National Geographic TV show called Brain Games. We watched an episode today and I am hooked. What makes it compelling? It requires active participation on the part of the viewer and provides a heavy dose of behavioral finance. I am queuing up this list to binge watch one lazy summer afternoon (does that exist?), but thought I would share ahead of this weekend in case someone else :) was motivated to send me a few discussion questions (tim@ngpf.org) that they would...

NGPF Podcast: Tim Talks to Economics Professor and Marginal Revolution University (MRU) Co-Founder Alex Tabarrok

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Jun 15, 2018
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Behavioral Finance, Podcasts, Investing, Personal Finance
Alex Tabarrok, an economics professor at George Mason University, holds behavioral finance near and dear to his heart—and he’s got lots to show for it! A staunch advocate of financial education, he co-founded Marginal Revolution University, to bring economics education to the masses (listen to the podcast to learn more about its reach). Listen to Alex describe the power of prediction markets, how he teaches investing, his investing philosophy and the challenges and thrills of...

Digging Deeper: A Gambling Analogy from the Economist

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Jun 11, 2018
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Investing, Personal Finance
If you are a regular reader of The Economist, you are probably familiar with the Buttonwood articles/blogs that appear each week in the Finance and Economics section. (Here is a bit of financial history trivia: the name “Buttonwood” comes from when the stock exchange first started in an organized fashion and traders met under the buttonwood tree outside of 68 Wall Street in 1792.) While there has been a very recent change in the author of the posts, they continue to provide insight...

What I'm Reading This Weekend (June 9-10)

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Jun 08, 2018
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Current Events, Parent Conversations, Retirement, Credit Reports, Investing, Mortgages
Parenting The WSJ takes a good look at the overprotected American child. You probably see the impacts on the students you teach. Michelle Singletary explains why parents should have “the talk” (about credit) with their kids. Here are eight things parents can do to help their college students become financially independent. And here is what you do if your adult children want to move home. Education The New York Times looks at education spending over time.  (Hint: it...

What I'm Reading This Weekend (June 2-3)

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Jun 01, 2018
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Personal Finance, Investing, Current Events, Paying for College
Personal Finance If you have been paying your loans for 10 years and been rejected for public service loan forgiveness, there is now a way to apply for forgiveness (and hopefully get it this time.) Here is another NYT article with the latest on 529 plans. Publicly traded companies in the US had to start reporting their pay ratios this year (CEO pay/median pay). Read on if you have the stomach to do so. Didn’t see this one until it showed up reprinted in our local Sunday paper about...