Lesson
1: Getting Started
I.
Understand where your money is currently going
II.
Recognize areas where you can reduce or
eliminate spending (i.e. differentiate a “want” from a “need”)
III.
Develop a budget
IV.
Open an online brokerage account
V.
Start investing
Lesson
2: Understanding the 3 Main Investment
Vehicles
I.
Stocks
II.
Bonds
III.
Cash
IV.
Risk vs return
Lesson
3: Understanding the Mutual Fund
I.
Growth
II.
Income
III.
Blend
IV.
Fees
V.
Net Asset Value (NAV)
VI.
Electronically Traded Funds (ETFs)
Lesson
4: Managing Your Investments
I.
Invest for the long run
II.
Track your investments
III.
Calculate your Personal Rate of Return (PRR)
IV.
Reinvest your earnings
V.
Rebalance as necessary
VI.
Avoid common pitfalls
