Day 63 ⋆ Sibley-Ocheyedan Business Education

Explain how investing builds wealth and helps meet financial goals.
Examine the relationship between diversification and risk.
Identify regulatory agencies and their functions.
Evaluate investment alternatives: money markets, bonds, single stocks, mutual funds, annuities, and real estate.
Explain the Rule of 72.
Identify different types of retirement plans.
Explain how taxes affect the rate of return on investments.
Understand how pre-tax and after-tax investments work.
Understand how the stock market works.
Be familiar with the various retirement account tax treatments.
Develop a plan for investing; describe how to buy and sell investments.
Analyze the components of an employer benefits package.
Explain how compound interest works.

You currently don’t have any money to invest? Brainstorm at least five job options for teens.
Create a new Google Document titled Job Options-(Your Initials) and move it into your Chapter 8 folder.
Inside of your document, list the five job options you came up with and then explain why that job might be a good option.

Utilize this review to assess your learning from Chapter 1. You have 10 attempts to get as good of a score as you can. You are free to use the online textbook above when going through this review.

Make a copy of this document.
Name the document Case Studies 8-(Your Name) and move it into your Chapter 8 folder.
Read three of the cases and write a possible resolution to the problems presented. Remember to apply the personal finance knowledge and principles you have learned in this chapter.