Manage a $3,000 Investment Portfolio! Students will manage an actual $3,000 investment portfolio.

Transcription

1 2015 Dllars and $ense Investment Educatin & Schlarship Prgram KEY FACTS & DATES Target: African-American H.S. male and female students, minimum 2.5 GPA and interested in learning hw t build wealth thrugh learning hw t save and invest in stcks, bnds and mutual funds. Participants Will Learn: Hw t create persnal wealth thrugh budgeting, saving and investing. The basics f stcks, bnds, mutual funds. Hw t manage an actual investment prtfli and read the Wall Street Jurnal fr investment ideas. Public speaking, prfessinalism and critical thinking. Manage a $3,000 Investment Prtfli! Students will manage an actual $3,000 investment prtfli. Receive $100 Upn Establishing a Sharebuilder Investment Accunt t fund student s first investment in a stck r mutual fund. $1,000 Schlarship t Winning Essay Submissin spnsred by the Luisiana Educatin Lan Authrity Tw Winners Will Represent at Natinal Cmpetitin (Hustn, TX) June 2015 All expense paid trip fr the tw 2015 Batn Ruge Investment Challenge champins t cmpete at the 100 Black Men Natinal Cnference. Field trip t Federal Reserve and Museum f Trade, Finance (New Orleans) Prgram Duratin: 8-weeks (March 2nd thrugh May 3rd) Time and Dates: Sundays between 3:00 pm and 6:00 pm Lcatin: Suthern University Schl f Business (T.T. Allain Hall Building 156, Eltn C. Harrisn Drive, Batn Ruge, LA, 70813) Applicatin Deadline: February 20, 2015 (prgram limited t first 40 qualified submissins) 1

2 Interested in Participating? Dwnlad applicatin frm ur website: Cntact Prgram Directr, Lrin Crenshaw, directly with lrincrenshaw@yah.cm r Batn Ruge Area Investment Challenge: May 3, 2015 Students will present investment strategy recmmendatins and engage in Q&A related t a persnal finance case study t a panel f judges cmprised f three area financial prfessinals. Tw winners will be selected t cmpete against teams natinally at the 100 Black Men Natinal Cnventin in Hustn, TX (June 2015). One participant will win a $1,000 schlarship spnsred by the Luisiana Educatin Lan Authrity ( based n essay submissin. PROGRAM HIGHLIGHTS Students will engage in a cmprehensive financial literacy curriculum encmpassing the fllwing tpics and mre: Hw t read the Wall Street Jurnal and why infrmed investrs d Hw t prperly define and create wealth The imprtance f and methds f persnal budgeting, saving and investing What are the varius ptins fr financing yur cllege educatin What are the varius instruments that allw fr wealth building and what are their inherent risk and histrical rewards (i.e., bnds, stcks, mutual funds.) Hw t create a balanced prtfli f stcks and mutual funds Hw t identify stcks t invest in by bserving ppular trends Hw t assess yur financial cnditin and develp plan fr reaching yur lngterm financial gals Much mre Participants will cllectively create and track a $3,000 investment prtfli f stcks and mutual funds Upn cmpletin, receive Investing in Yur Future cmprehensive financial literacy bk (250 pages, by Natinal Assciatin f Investrs Crpratin) 2

3 Receive 4-week subscriptins t the Wall Street Jurnal; learn t read this paper and hw t track and select stcks and mutual funds. Natinal Cmpetitin (Hustn, TX) June 2015 All expense paid trip fr the tw 2015 Batn Ruge Investment Challenge champins t cmpete at the 100 Black Men Natinal Cnference Black Men Natinal Cnventin (Hllywd, FL) Dllars & Sense Natinal Champins Class f students frm 10 LA high schls 3

4 2015 DOLLARS & $ENSE CALENDAR (PRELIMINARY) Sessin Date Subject Matter Orientatin, Cmplete Pre Test, Cmplete Wall Street Jurnal rder frms; Plan t Earn (Junir Achievement) Students learn that healthy persnal finances take planning and managing. They begin t analyze majr life events and issues that have financial implicatins. 1 3/1 Basics f Saving & Budgeting (100 Black Men) students learn hw t define wealth (net wrth), what a persnal balance sheet is and are intrduced t cncept f appreciating and depreciating assets. Review relevant article frm Wall Street Jurnal and lcal newspaper 2 3/8 3 3/15 Saving fr Life (Junir Achievement) students analyze rle saving plays in persnal finances and hw having a healthy savings plan is necessary in all phases f life. Basics f Investing (100 Black Men) defining wealth is reinfrced, students learn hw they can make lts f mney but nt be wealthy, discuss strategies fr imprving persnal balance sheet and discuss implicatins f the Pew study regarding differences between black and nn black median net wrth. Review relevant article frm Wall Street Jurnal and lcal newspaper The Budget Game (Junir Achievement) Students investigate budgeting and why many peple have difficulty staying within a budget. Investment Pwer (Better Investing bk, Chapter 2) Wide ranging discussin f investment instruments and cncepts such as time value f mney, mutual funds, stcks and bnds, intrduce what are the characteristics f gd stcks. Discussin f hw t read the Wall Street Jurnal and hw t review mutual fund and stck qutes. Review relevant article frm Wall Street Jurnal and lcal newspaper 4 3/22 5 3/29 6 4/12 Credit Chices (Junir Achievement) Students analyze the imprtance f credit and the utcmes f wise and pr use f credit Mutual Interests (Better Investing bk, Chapter 3) Cmprehensive discussin f mutual funds. Hw t read an annual reprt. Begin discussin f fundamentals f picking stcks, prtfli cnstructin, grwth versus value investing styles etc. Begin brainstrming t develp ideas fr stcks t select the fllwing week and invite students t prepare t pitch their ideas. Review relevant article frm Wall Street Jurnal and lcal newspaper Parallel Adult / Parent Sessin Savvy Cnsumer (Junir Achievement) grups wrk tgether t create public service annuncements tp infrm each ther f risks they culd face in their persnal finances and identify ways t prtect themselves frm ptential lss. Students pitch investment ideas and decide n 5 stcks and 4 mutual funds t invest $2,000. Intrduce Chartered Financial Analyst framewrk fr evaluating case studies (i.e., determine Return Objective, Risk Tlerance, assess Tax Cnsideratins, Time Hrizn, Liquidity Needs, Legal Cnsideratin and Unique Circumstances, respectively) Distribute Practice Case Study 1 Share $1,000 schlarship essay questin and deadline fr submissin. Review relevant article frm Wall Street Jurnal and lcal newspaper Parallel Adult / Parent Sessin Review prtfli perfrmance. Students share case cnclusins with the class. Cnclusins and strategies critiqued Distribute Practice Case Study 2 ahead f "dry run" fllwing week 4

5 Intrductry discussin f tips n public speaking and prfessinal develpment Review relevant article frm Wall Street Jurnal and lcal newspaper Parallel Adult / Parent Sessin Financial Planning Dry Run Students dress business casual and present recmmendatins n case t panel f three investment prfessinals pretending t be trustees. Strategies critiqued and public speaking styles. Additinal discussin n tips n public speaking and prfessinal develpment 7 4/19 Review prtfli perfrmance. Distribute Final Case Study fr Batn Ruge Investment Challenge. Receive essays related t $1,000 essay cmpetitin Review relevant article frm Wall Street Jurnal and lcal newspaper Parallel Adult / Parent Sessin Pst Test Answer any questins related t final case study Jepardy style cmpetitin / quiz n brad range f financial literacy tpics 4/26 Prfessinal develpment and public speaking exercises Wrap Up / Clsing 8 Parallel Adult / Parent Sessin 2015 Batn Ruge Investment Challenge Students present Case Study recmmendatins and are quizzed n financial literacy questins befre an audience and befre a panel f investment prfessinals Schlarship winner annunced 5/3 Dllars & Sense champins selected May (Preparatin fr Natinals) 6/4 6 Natinal Dllars & Sense Cmpetitin (Hustn, TX) 5