Question: What Should I Invest In As A First-Time Investor?
Have your students watch this video from Globe and Mail and use it as a way to kick-off a classroom discussion:
Questions for your students:
- What are the two key assumptions he makes before giving his advice? Why are they important to his strategy?
- Do you agree with his recommendation?
- What does he mean by equities?
- Why does investing consistently help to moderate the swings in the market?
- Do you think this strategy of monthly investing is a good idea?
Want this resource and questions in slide format to use in class? Click here!
Be sure to check out this NGPF Investing Activity: Dollar Cost Averaging in Action (using Excel)
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.