Jul 18, 2018
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...
Jul 17, 2018
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...
Jul 12, 2018
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...
Jul 10, 2018
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.
How has the composition of the Dow Jones Industrial Average changed over the years as...
Jun 22, 2018
Current Events, Employment, Personal Finance, Taxes, Stocks, Insurance
States cleared to charge sales tax on online sales and banks pass first phase of the Fed’s stress tests, wait to hear if they can buy back shares or increase dividends.
As baby boomers retire, there are fewer workers to take their places. Who will support them? This WSJ article includes some informative maps.
The FRB of Atlanta published an article detailing its findings on industries facing a shortage of workers.
One aspect of...
Jun 01, 2018
Podcasts, Investing, Index Funds, Stocks
Harvard Business School professor, founder of influential investment consultant Greenwich Associates, chair of Yale University investment committee (top performing endowment led by David Swenson), director at Vanguard Investments and one of the earliest proponents of index investing. Oh and he's written many best-selling books too. We obviously had a lot to talk about. Still working 70 hour work weeks at 80+, Charley generously shares what he's learned over his lifetime as an investor and...
May 29, 2018
Just One Resource, Investing, Stocks
In this new weekly blog post, Jessica will highlight Just One Resource from our NGPF collection that maybe doesn't get the attention it deserves. Use it this week or bookmark it for later.
[The Resource] INTERACTIVE: Think You Can Pick Stocks?
The Gist: The Wall Street Journal has this fun little six-round game, where each round features four real companies' stock info, but the names are obscured so you're not sure which company is which....
May 24, 2018
Investing, Stocks, Current Events, Cryptocurrencies
FinTech Apps and Micro-Investing
According to Warren Buffet, for the average investor, it’s all about low fees. Would he support these low cost apps as a way to get average investors into the market.
Here is another in-depth look at how micro-investing works, in both rising and falling markets.
Here are two articles from Money Magazine about getting started in investing using investment apps.
Blackrock, which manages $6 trillion in assets, is moving into the micro/app space with an...
May 14, 2018
Video Resource, Stocks, Mutual Funds, Entrepreneurship, Budgeting, Index Funds, Career
Since posting the first Digging Deeper on the PBS Series, a few new videos have been released. That post seemed to be well received, so I thought I would review the new videos and post suggested questions and NGPF related links to save you a little time at the end of the school year!!! As I mentioned before, there is a place on the Facebook page for the Two Cents video series for you to give feedback to Julia and Philip if you have big questions that you would like for them to...
May 11, 2018
Stocks, Student Loans, Credit Cards, Paying for College, Research, Current Events
Filling in for Beth this week with the weekend reads...Enjoy!
Across the pond...the Bank of England launched a program to improve financial literacy. "The econoME programme will give young people greater economic and financial awareness, equipping them with the skills to make more informed decisions about personal financial choices."
How did the Great Recession affect those with student debt? Hint: It delayed a lot of decisions.
90% of Americans believe that personal finance...
Apr 06, 2018
Investing, Podcasts, Research, Behavioral Finance, Stocks, Index Funds
What follows is a summary of the Investing panel discussion held at the NGPF Summit in mid-March 2018 in San Francisco. The all-star panel included Bill Bernstein, financial theorist, neurologist, and financial adviser/author, and Jonathan Clements, WSJ columnist, author, educator and blogger at the HumbleDollar.com.
For those of you who use the Stock Market Game, you might want to rethink that. Neither panel had anything positive to say about it, but Bernstein explained why. ...
Mar 30, 2018
Current Events, Insurance, Student Loans, Stocks, Budgeting, Interactive
Social Media under the Microscope
Unless you have had your head in the sand, every other headline this week was about FACEBOOK. Here are a sampling of articles that cover all of the angles.
You can start here with an explanation of the Google and Facebook privacy issue.
Then learn what data Facebook (and others) collects on users. (EVERYTHING!!!)
Are you now curious to see exactly what Facebook has on you? This tells you how to get that info for yourself.
If that was scary - maybe...
Mar 21, 2018
Personal Finance, Stocks, Paying for College, Current Events, Career, Activity, Activities, Interactive, Employment
FINAL RESULTS Midnight Thursday
Uber Driver advances to the next round with a convincing win scoring 62 vs. Five Stocks 43
Earnings by Major upsets Online Tools and Apps by a score of 56-48
Update 12 noon Thursday
Uber Driver continues to maintain its lead over Five Stocks at 59-41 (actual vote totals)
Earnings by Major has expanded its lead to vs. Online Tools and Apps with the score of 54-46 (actual vote totals). Where's the social media support for Online Tools and Apps?...
Mar 08, 2018
Investing, Current Events, Research, Stocks, Index Funds
What’s New With Investing
Investing, particularly explaining what is going on with complicated things like cryptocurrencies and the impacts of the renewed market volatility, rising interest rates and tax law changes, led me to include some resources to help us strengthen our knowledge before imparting this wisdom on our students. The “tutorial” type articles are marked with an asterisk: two from SeekingAlpha, one from Marketwatch and one from CNN.
Before we dig in, here...
Mar 05, 2018
Investing, Question of the Day, Stocks, Behavioral Finance
Answer: Weight Watchers
Hat tip to Beth Tallman for pointing out this surprising factoid!
Why do you think this company has done so well in the past year?
Based on the current stock price, do you still think it is a good investment? Explain.
What are two questions you would try to answer to figure out if it was a good investment NOW?
Click here for the ready-to-go slides for this Question of the Day that you can use in your classroom.
Behind the numbers...