Investing 101
Learn different types of investments and how to manage risk
Learn how stocks are bought in the stock market
Understand what stocks are
Learn what stratgies to keep in mind when buying stocks
When you purchase a bond, you are lending out your money to a company or government
In return, they agree to give you interest on your money and eventually pay you back the amount you lent out.
The main attraction of bonds is their relative safety
If you are buying bonds from a stable government, your investment is virtually guaranteed, or risk-free
An index fund is a type of mutual fund that passively tracks an index, rather than paying a manager to pick and choose investments
The benefit of index funds is that they tend to cost less because they don’t have that active manager on the payroll. The risk associated with an index fund will depend on the investments within the fund.
When you purchase stocks you become a part owner of a business
When you buy a stock, you aren't guaranteed anything
Stocks are bought and sold predominantly on stock exchanges, though there can be private sales as well, and are the foundation of many individual investors' portfolios
You build up a nest egg to secure your future, and create a cushion for financial emergencies such as your car breaking down or unexpected medical expenses
Without savings, many people report experiencing a large amount of stress. Making sure you have at least 3-6 months of monthly expense makes sure you have a safety net from unemployment, illness or any other emergency
Having moeny saved make sures that you have money to purchase investments
The surplus cash quickly builds into funds you can use to invest in stocks, invest in bonds, and build a portfolio of index funds
"Paying yourself first" simply involves building up a retirement account and/or saving to buy a house
When you purchase a bond, you are lending out your money to a company or government
In return, they agree to give you interest on your money and eventually pay you back the amount you lent out.
The main attraction of bonds is their relative safety
If you are buying bonds from a stable government, your investment is virtually guaranteed, or risk-free
You build up a nest egg to secure your future, and create a cushion for financial emergencies such as your car breaking down or unexpected medical expenses
Without savings, many people report experiencing a large amount of stress. Making sure you have at least 3-6 months of monthly expense makes sure you have a safety net from unemployment, illness or any other emergency
Having moeny saved make sures that you have money to purchase investments
The surplus cash quickly builds into funds you can use to invest in stocks, invest in bonds, and build a portfolio of index funds
"Paying yourself first" simply involves building up a retirement account and/or saving to buy a house
Set up direct deposit with your employer in order to automatically have your paycheck in your checking account
Schedule a recurring deposit from your checking accoutn into a linked savings account
How often the deposit occurs depends largely on how often you're paid
Once automatic savings deposits become a habit, you may find you don't miss the money at all
You build up a nest egg to secure your future, and create a cushion for financial emergencies such as your car breaking down or unexpected medical expenses
Without savings, many people report experiencing a large amount of stress. Making sure you have at least 3-6 months of monthly expense makes sure you have a safety net from unemployment, illness or any other emergency
Having moeny saved make sures that you have money to purchase investments
The surplus cash quickly builds into funds you can use to invest in stocks, invest in bonds, and build a portfolio of index funds
"Paying yourself first" simply involves building up a retirement account and/or saving to buy a house
For those who want to invest money but not time in building wealth, you should take a good look at a financial advisor or a robo-advisory service
If you’re looking at trading options, there are a number of self-directed online brokers with a wide range of tools that can help you choose appropriate strategies
You’ll also need to decide whether you are opening a regular taxable account or an individual retirement account (IRA)
The SEC(Securities and Exchange Commission) requires to report a SSN to report taxes on any capital gain and dividend income
Your ID can be US Passport, State's Driver's License in order to identify yourself and name the acocunt under your name
You will need an initial deposit to open a brokerage account. Typically, brokerage firms ask for around $1,000, but some require as much as $2,500.
You'll learn how to allocating resources, usually money, with the expectation of generating an income or profit
You'll learn how to allocating resources, usually money, with the expectation of generating an income or profit
You'll learn how to allocating resources, usually money, with the expectation of generating an income or profit
1:38
You'll learn how to allocating resources, usually money, with the expectation of generating an income or profit
You'll learn how to allocating resources, usually money, with the expectation of generating an income or profit
Understand to how to effectively save money for short and long term financial goals.
You'll learn how to allocating resources, usually money, with the expectation of generating an income or profit
You'll learn how to allocating resources, usually money, with the expectation of generating an income or profit
HTML / CSS / Javascript
Learning to create many static and dynamic web pages online and presented them on demo day competitions.
Python
Learned about truth table, booleans and many other data types using Python.
ReactJS
Self-learning ReactJS through online courses and currently working a financial literacy app with ReactJS.
Java
Learning about different data types and utilizing Java in many applications and self-studying for the AP Computer Science A exam.