Category: Investing

Question of the Day: What is the scrap metal value of a Tokyo 2020 Olympic Gold Medal?

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Aug 23, 2021
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Question of the Day, Investing
Answer: $800 Questions: The "gold" medal is about 99% silver. Why do you think Olympic organizers chose this mix of metals?  Do you think an Olympic Gold Medal is worth more than just the scrap metal value? Why? Will this scrap metal value change over time?  Click here for the ready-to-go slides for this Question of the Day that you can use in your classroom.   Behind the numbers (CNN):  "The design of the medals changes for each games, and this...

Reading List for August 20-22

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Aug 20, 2021
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Current Events, Economics, Budgeting, Investing, Student Loans, Retirement
Economics Retail sales dropped more than expected in July. (CNBC) But there are signs that back to school shopping for 2021 has rebounded, and may help August numbers. (NRF.com) Goldman Sachs economists have cut back their third quarter GDP projections due to the resurgence of Covid/Delta variant. (Reuters) 2020 was the year of the entrepreneur. Startups jumped 24% over the previous year according to Census data. (NYT) Here is this week’s data-heavy suggestion. A Data Scientist from the...

Question of the Day (Update): What percent of financial advisers are women?

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Aug 18, 2021
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Question of the Day, Investing
Answer: 15-20% Questions: What skills do you think a financial adviser needs to have to be successful?  Given that women are about 50% of the labor force, why do you think so few are financial advisors?  What do you think could be done to change this situation?  Click here for the ready-to-go slides for this Question of the Day that you can use in your classroom.   Behind the numbers (Advisor News) "Women financial advisers make up 15 to 20 percent of...

Classic NGPF Podcast: Jonathan Clements discusses his book "From Here To Financial Happiness"

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Aug 13, 2021
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Podcasts, Investing
Jonathan Clements has been a frequent guest on the NGPF Podcast. Here's one of our most popular podcasts from a conversation we had back in 2018 to discuss his book From Here to Financial Happiness: Enrich Your Life in Just 77 Days. Details 0:00–1:10 Introduction 1:11–6:17 Jonathan’s scoop on From Here to Financial Happiness 6:18–8:11 The fundamental importance of compounding interest 8:12–10:11 Meeting the magical “tipping point” after a tough...

Reading List for August 13-15

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Aug 13, 2021
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Current Events, Financial Literacy, Economics, Investing, Cryptocurrencies, Student Loans
FinLit/Financial Health Extrapolating data from a collaborative report with LendingClub, “Reality Check: The Paycheck-to-Paycheck Report,” 43 of the 71 million millenials in the US are living paycheck to paycheck, even those with higher incomes. “Per the August report, “Many millennials are beginning to make larger expenditures for the first time, whether that means purchasing a car, taking out a mortgage or preparing financially to have children. These are all...

Reading List for August 6-8

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Aug 06, 2021
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Current Events, Cryptocurrencies, Budgeting, Investing, Economics
Update 8/8/21: Department of Education extends student loan payment freeze one more (last) time until January. (NPR) Financial Literacy This might be a good one to assign to the families of your students: NPR on having family money conversations.   Economics The July jobs report came out this morning and showed an increase of 943,000 and an upward revision of June. Unemployment dropped to 5.4%, wages were up, but labor force participation was largely unchanged. Jobs are still 5.7...

Reading List for July 30-Aug 1

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Jul 30, 2021
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Economics, Investing, Financial Literacy, Paying for College
There were lots of headlines this week, including a bunch on Robinhood.  Choose what looks most interesting and dig in!   Economics GDP for the second quarter was announced this week, and the US is officially back to where it started before the pandemic hit. Sounds like good news, but the growth fell short of expectations, and jobless claims were a bit higher than expected. (CNBC) (DOL) The Urban Institute published its assessment of the impact of government benefit and stimulus...

What's New With Investing (2021)

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Jul 24, 2021
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Investing
All in all it has been a great year so far for the stock indices. The Dow just hit another record high and is up 14.56% so far this year. The S&P 500 is up almost 18%, and the NASDAQ almost 14%. IPOs and SPACs are grabbing headlines. Thanks in part to low mortgage rates and the pandemic creating supply shortages, housing prices surged. Bond yields have been quite variable. The biggest loser this year has been Bitcoin (and other crypto currencies), dropping to about half its peak price...

NGPF Podcast: Prof. Burton Malkiel on Random Walk Down Wall Street (Classic)

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Jul 24, 2021
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Podcasts, Investing
With animal spirits and speculation running rampant on Wall Street (SPACs, bitcoin, meme stocks to name a few) it seemed an ideal time to rebroadcast my conversation with Professor Malkiel, whose 1973 classic, Random Walk Down Wall Street, remains a must-read for investors. Enjoy!  ...

NGPF On-Demand: Novice Investor Pitfalls

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Jul 22, 2021
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Professional Development, Investing
NGPF On-Demand is a professional development opportunity that allows teachers to deepen their content knowledge on their own schedule and at their own pace. One of the 31 On-Demand modules currently available is "Novice Investor Pitfalls." This module dives into historical investing pitfalls and how they impact investors.    Here are some highlights from the module:  Choose between two articles (8 of the Most Notorious Ponzi Schemes in US History or The Pioneers of Financial...

Reading List for July 16-18

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Jul 16, 2021
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Advocacy, Personal Finance, Economics, Investing, Cryptocurrencies, Financial Scams, Taxes
Advocacy The state of states’ financial literacy efforts explained, and NGPF Bill tracker mentioned. (CNBC)   Personal Finance There are many myths floating around about what happens to a couple’s credit when they marry. This sets the record straight. (PRNewswire) Speaking of couples, the Fidelity 2021 Couples and Money Study was released and is full of interesting stats. Communication is key, (and maybe counseling would help?) The pandemic made people totally reevaluate...

Interactive: Investments, Careers, and Locations -- Oh My!

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Jul 14, 2021
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Interactive, Investing, Career
The linked interactive tool above allows students to explore the nation’s largest publicly traded companies and career opportunities with each of them. The S&P 500 or QQQ and Market Cap are the primary filters to use when exploring. The tutorial below is less than 3 minutes and illustrates how to use the tool. Here are some ideas for classroom discussion questions and NGPF ready-made resources you can use to follow up:  What is the S&P 500? [NGPF S&P 500 Interactive...

NGPF Podcast: Kelly Lannan of Fidelity on Gen Z Investing Trends

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Jul 09, 2021
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Podcasts, Investing
  NGPF Podcast welcomes back Kelly Lannan from Fidelity to talk Gen Z and their increased interest and access to the world of investing (see Fidelity study here). The past year has seen increased stock market participation with the meme stock craze, new trading platforms with no fees and low minimums and the influence of social media (TikTok and WallStreetBets come to mind). Kelly shares what she is seeing in her role at Fidelity and how her company is embedding education into their apps...

Reading List for July 2-4

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Jul 02, 2021
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Cryptocurrencies, Economics, Financial Literacy, Investing, Taxes
Financial Literacy/Advocacy It is always nice to start off with a Financial Literacy win. Go Nebraska! (News Channel Nebraska)  Business, sports and entertainment leaders are jumping on the Financial Literacy Bandwagon by joining the “Financial Literacy For All” movement. (PRNewswire)    Economics Jobs report June 2021 was good news! June saw the largest increase in jobs since last August. For a summary, read CNBC. If you want the details, go to the BLS. Housing...

Reading List for June 25-28

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Jun 25, 2021
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Economics, Investing, Career, Paying for College
  Economics This week’s new jobless claims remained virtually unchanged at 411,000. At this point, it is probably helpful to look at 2019 numbers, which averaged 200,000, to measure progress of the recovery. Yahoo Finance What is going on with these persistent unemployment claims? The Bonddad explains. The Fed’s preferred measure of inflation, the PCE, rose to its highest level since 2008 in May, but it is largely “noise. (NYT) A top economist explains just how...