Category: Investing

Reading List for March 5-7

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Mar 05, 2021
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Financial Literacy, Economics, Investing, Cryptocurrencies, Retirement, Budgeting
    Financial Literacy ICYMI--Here is a link to Tim Ranzetta’s piece for The Street.   Economics This week marked Fed Independence Day (Happy 70th!). Here is a Planet Money episode explaining what that is all about. Speaking of the Fed, Jerome Powell’s comments yesterday about the potential for some inflation as the economy restarts sent markets moving. (CNBC) For more on Powell’s message stressing patience, read the NYT explanation. Initial jobless claims...

NGPF Podcast: Ty Allan Jackson and Dr. Abdullah Al-Bahrani and the story of Danny Dollar Millionaire Extraordinaire

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Feb 26, 2021
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Podcasts, Entrepreneurship, Investing
Call it serendipity. Who knew that Ty Allan Jackson's son setting up a successful lemonade stand would set in motion an amazing sequence of events? A fruitless trip to a book store in search of a kid's book about money led to Ty writing that book. When outreach to 147 publishers came up empty, Ty persisted and went the self-publishing route. Later, Abdullah would reach out to Ty and the collaboration would lead to a curriculum built around the Danny Dollar Millionaire Extraordinaire book....

Reading List for February 26-28

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Feb 26, 2021
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Financial Literacy, Economics, Investing, Cryptocurrencies
Financial Literacy More players have jumped into the financial literacy effort. Nike’s partnership aims at kids (Yahoo Finance). The Skimm’s new SkimmU is aimed at its largely female following (7 million subscribe to its daily news feed).   Economics   Here is a great summary of where Janet Yellen stands on current top economic issues. (NYT) Last week’s first-time jobless claims dropped over 100,000 from the previous week. The number is still huge. (Yahoo Finance)...

Reading List for February 19-21

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Feb 19, 2021
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Economics, Investing, Taxes
Economics Retail sales jumped beyond expectations in January. (CNN) New weekly unemployment claims back up this week, and prior week was revised up as well. (Yahoo Finance) Sales of existing homes rose in January, surprising forecasters. Inventories are low, prices are high. (Reuters) Walmart will be raising wages for 425,000 workers to average above $15 an hour. (CNBC) There is much debate over an increased minimum wage, particularly in struggling areas of the country. (NYT) Covid has driven...

Question of the Day [Black History Month]: Who was Wall Street's first Black millionaire?

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Feb 17, 2021
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Question of the Day, Investing
Answer: Jeremiah G. Hamilton   Questions: Despite the controversy of Wall Street at the time and his success, what can we learn from Jeremiah G. Hamilton's story? How can he inspire you to pursue success financially? Who do you look up to as a person who is successful with their finances? Why? What are some strategies that you could use to build your wealth over time? Click here for the ready-to-go slides for this Question of the Day that you can use in your...

Question of the Day: What was the first Black-owned business listed on the New York Stock Exchange (NYSE)?

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Feb 16, 2021
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Question of the Day, Investing, Stocks, Entrepreneurship
Answer: Black Entertainment Television (BET) was founded by Robert Johnson, America’s first Black billionaire, and his company was listed on the NYSE in 1991.  Question: How does a company benefit from being listed on a stock exchange? The founder, Robert Johnson, noted that his first job was managing a paper route as a kid. What lessons do you think he learned from that experience? Why do you think BET was such a successful business?  Click here for the ready-to-go slides for...

Question of the Day: What's the top financial app in the App Store in Feb. 2021?

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Feb 15, 2021
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Question of the Day, Investing
Answer: Robinhood From App Annie (2/12/21):  Questions: Why do you think these apps are so popular? When do you think people find these apps most useful?  Do you have any finance apps on your phone? Why or why not?  Typically, peer to peer payment apps like Venmo dominates this list. Why are these other apps so popular right now? Here's the ready-to-go slides for this Question of the Day that you can use in your classroom.   Behind the numbers (Wall...

Reading List for February 12-14

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Feb 12, 2021
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Cryptocurrencies, Investing, Economics, Budgeting, Taxes, Paying for College
Happy Valentine's Day! BitCoin Bitcoin may be winning the headline contest over GameStop this week. Let’s start with “What can you buy with bitcoin?” (NYT) The nation’s oldest bank, BNY Mellon, and Mastercard announce they are getting on the cyrptocurrency bandwagon. (Markets Insider) Tesla may have triggered the latest run-up in bitcoin pricing after their announcement of a $1.5 billion investment, and that they would accept bitcoin as payment for their cars. (CNBC)...

EdPuzzle Thursday: Strange Investment Crazes

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Feb 10, 2021
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EdPuzzle Thursday, Investing
EdPuzzle is a great platform to test for knowledge while students watch a video and learn remotely. We will be releasing new EdPuzzle videos here on the blog each week so that your students can answer questions that are directly embedded within engaging videos.  This week's EdPuzzle video titled"5 Strange Investment Crazes!" investigates five of the stranger investment crazes in recent history and lessons learned from some of their failures.      Interested in more EdPuzzle...

Question of the Day: What was the first item ever purchased using bitcoin?

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Feb 09, 2021
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Question of the Day, Investing
Answer: Two pizzas. Paid with 10,000 bitcoins which is now worth $450 million. Questions: What do you know about bitcoin? If you have learned about it, what have been your sources of information Do you think it is a good investment? Why or why not? Do you see lots of merchants/stores currently taking bitcoin?  Here's the ready-to-go slides for this Question of the Day that you can use in your classroom. Behind the numbers (Coindesk):  Hanyecz is known as the first person to use...

NGPF On-Demand: Investing For Beginners

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Feb 08, 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 16 modules currently available is "Investing For Beginners". In this module, participants will learn basic investing terminology and how the stock market works.     Here are some highlights from the module:  Learn about investment types as well as investment accounts   Explore and review the power of...

NGPF Podcast: Paul Merriman discusses his new book, We're Talking Millions: 12 Simple Ways to Supercharge Your Retirement

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Feb 06, 2021
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Podcasts, Investing, Stocks
Paul Merriman is out with a new book, We're Talking Millions, and he is offering at no cost to the personal finance community (link here). In this podcast,  he discusses several of the ideas from the book that literally are million dollar decisions. We also dive deeper into the benefits of dollar-cost averaging, difference between growth and value stocks and what to look for in target-date funds (#1 selected fund for 401(k) plans). Enjoy! Details: 0:00~0:27 Introduction 0:27~12:14 Current...

Reading List for Feb 5-7

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Feb 05, 2021
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Investing, Cryptocurrencies, Economics
Investing-GameStop Round 2 Treasury Secretary Yellen and other regulators met to discuss what happened with GameStop and other stocks (NYT), and Cleveland Fed President does not expect any resultant changes to policy. (CNBC) Or the leaders could just listen to Andrew Ross Sorkin, who proposed six ways to “fix” the market in his DealBook article this week. Gary Gensler has been nominated to head up the SEC, and this will be his issue to deal with. For some perspective on how he might...

EdPuzzle Thursday: Is The Stock Market Irrational?

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Feb 03, 2021
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EdPuzzle Thursday, Investing, Current Events
EdPuzzle is a great platform to test for knowledge while students watch a video and learn remotely. We will be releasing new EdPuzzle videos here on the blog each week so that your students can answer questions that are directly embedded within engaging videos.  This week's EdPuzzle video titled "Is the Stock Market Irrational?" investigates whether the stock market accurately reflects what companies are worth or governed by the emotions and biases that all humans are subject to. ...

GameStop Teaching Resources

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Feb 02, 2021
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Investing
GameStop Teaching Resources Last week was a flurry of news about GameStop, and one thing is for sure, there are a lot of kids talking about it. FinTech has made it easy for anyone to dive headfirst into the insanity of day trading, including our 18-year-old students. All of this hoopla runs contrary to what we know investing should feel like: a long boring process with compounding returns over time.  Tim recently shared the lessons we should focus on with students in our Op-Ed on CNBC:...