FIN 420 TUTORIALS Success Secrets/fin420tutorials.com

1
FIN 420 TUTORIALS Success Secrets/fin420tutorials.
com
2
FIN 420 TUTORIALS Success Secrets
FIN 420 Entire Course   FOR MORE CLASSES
VISIT   www.fin420tutorials.com   FIN 420 Week 1
DQ 1 FIN 420 Week 1 DQ 2 FIN 420 Week 1
Individual Assignment Personal Finance Mission
Statement
3
FIN 420 TUTORIALS Success Secrets
FIN 420 Week 1 DQ 1   FOR MORE CLASSES
VISIT   www.fin420tutorials.com   Describe your
current budgeting system. What factors influence
your financial decisions? What are the benefits
or concerns of your current budgeting system?
4
FIN 420 TUTORIALS Success Secrets
FIN 420 Week 1 DQ 2   FOR MORE CLASSES
VISIT   www.fin420tutorials.com   Ch. 1 of Focus
on Personal Finance introduces eight components
of personal financial planning. Describe three
components of personal financial planning. Visit
one of the Key websites suggested on the
corresponding
5
FIN 420 TUTORIALS Success Secrets
FIN 420 Week 1 Individual Assignment Personal
Finance Mission Statement   FOR MORE CLASSES
VISIT   www.fin420tutorials.com   Write a 350- to
700-word personal finance mission statement that
describes where you want to be financially and
how you want to get there. Communicate the
following in your mission statement  
6
FIN 420 TUTORIALS Success Secrets
FIN 420 Week 2 DQ 1   FOR MORE CLASSES
VISIT   www.fin420tutorials.com   Consider your
personal cash flows. How would you adjust cash
outflows (i.e. adjust your budget) if your
household income was cut in half? If your cash
inflows increased, how would you reallocate your
surplus to
7
FIN 420 TUTORIALS Success Secrets
FIN 420 Week 2 DQ 2 FOR MORE CLASSES
VISIT   www.fin420tutorials.com   Many different
types of financial institutions exist.
Differentiate between deposit institutions and
non-deposit institutions. Provide two examples of
deposit and non-deposit financial institutions
with a brief explanation of each. How can you use
each of these financial institutions to manage
your cash flows and develop or enhance
8
FIN 420 TUTORIALS Success Secrets
FIN 420 Week 2 Individual Assignment Personal
Finance Problems and Summary   FOR MORE CLASSES
VISIT   www.fin420tutorials.com   Complete the
Personal Finance Problems - Week 2.   Write a
750- to 1,050-word summary of t
9
FIN 420 TUTORIALS Success Secrets
FIN 420 Week 2 Personal Finance Quiz   FOR MORE
CLASSES VISIT   www.fin420tutorials.com   1
Carla Lopez deposits 2,500 a year into her
retirement account. If these funds have an
average earning of 8 percent over the 40 years
until her retirement, what will be the value of
her retirement account?
10
FIN 420 TUTORIALS Success Secrets
FIN 420 Week 3 DQ 1   FOR MORE CLASSES
VISIT   www.fin420tutorials.com   Evaluate your
personal risk tolerance using Exhibit 11-2 A
Quick Test to Measure Investment Risk in Ch. 11
of Focus on Personal Finance. Based on your
results, were you considered more conservative or
less conservative? What factors affected your
investment choices? Consider a friend or family
member who is
11
FIN 420 TUTORIALS Success Secrets
FIN 420 Week 3 DQ 2   FOR MORE CLASSES
VISIT   www.fin420tutorials.com   Financial
experts agree that having an emergency fund is an
essential component of a comprehensive financial
plan. However, advice regarding the number of
months of household expenses the emergency fund
should
12
FIN 420 TUTORIALS Success Secrets
FIN 420 Week 3 Individual Problem Worksheet
  FOR MORE CLASSES VISIT   www.fin420tutorials.co
m     Complete Worksheet 37 in Focus on Personal
Finance, Your Financial Plan Evaluating
Corporate Bonds. Explain the principle of asset
allocation. Using the Internet or library
research, prepare a 2-minute
13
FIN 420 TUTORIALS Success Secrets
FIN 420 Week 3 Learning Team Problems   FOR
MORE CLASSES VISIT   www.fin420tutorials.com  
Assume that you are choosing an investment
for your retired parents. What are the advantages
and disadvanges of each of the following?  
14
FIN 420 TUTORIALS Success Secrets
FIN 420 Week 4 DQ 1   FOR MORE CLASSES
VISIT   www.fin420tutorials.com   Adjustable rate
mortgages (ARMs) have received a great deal of
bad press due to the tremendous number of
foreclosures resulting from families who could
not afford the loan payments once the interest
rates increased.
15
FIN 420 TUTORIALS Success Secrets
FIN 420 Week 4 DQ 2   FOR MORE CLASSES
VISIT   www.fin420tutorials.com   Visit a site
such as www.bankrate.com to determine current
rates for both a 60-month and a 36-month loan on
a new car where the buyer must finance 20,000.
Using the loan calculator, what is the difference
in
16
FIN 420 TUTORIALS Success Secrets
FIN 420 Week 4 Individual Assignment Mutual Fund
Evaluation   FOR MORE CLASSES
VISIT   www.fin420tutorials.com   Choose a mutual
fund family such as Vanguard, American Funds, T.
Rowe Price, and so forth.  
17
FIN 420 TUTORIALS Success Secrets
FIN 420 Week 4 Personal Finance Quiz   FOR MORE
CLASSES VISIT   www.fin420tutorials.com   1 As a
stockholder of Kentucky Gas and Oil, you receive
its annual report. In the financial statements,
the firm reported after-tax earnings of
1,200,000 and has issued 1,500,000 shares of
common stock. The stock is currently selling for
24 a share. What is the per earnings share for
Kentucky Gas and Oil?
18
FIN 420 TUTORIALS Success Secrets
FIN 420 Week 5 DQ 1   FOR MORE CLASSES
VISIT   www.fin420tutorials.com   Life insurance
is a topic many people do not like to discuss,
but understanding your familys needs and
planning appropriately in the event of a
premature death is also part of a comprehensive
financial plan.
19
FIN 420 TUTORIALS Success Secrets
FIN 420 Week 5 DQ 2   FOR MORE CLASSES
VISIT   www.fin420tutorials.com   Consider your
current financial plan. Based on what you have
learned about your financial goals, risk
tolerance, and risk and return of various
investment options, what adjustments should you
make to the asset allocation of your investment
portfolio? What specific actions do you need to
take to make those adjustments
20
FIN 420 TUTORIALS Success Secrets
FIN 420 Week 5 Individual Problem Worksheet
  FOR MORE CLASSES VISIT   www.fin420tutorials.co
m   Complete the following problems Describe
the two types of tax-deferred investment accounts
an IRA, and a 401(k) or 403(b), and contrast
them with a regular taxable investment account.
What types of investments are best held in a
tax-deferred account? What types are best held as
taxable savings?
21
FIN 420 TUTORIALS Success Secrets
FIN 420 Week 5 Team Assignment Financial Planning
in Action   FOR MORE CLASSES VISIT   www.fin420t
utorials.com   Choose a minimum of three of the
four following life situations (or use all four)
Husband/wife, two kids, 1 income, mortgage,
good salary, some savings, no college fund
Divorced, 55 years old, 1.2 million, 2 kids in
college, no debt
22
(No Transcript)