fold your paper hot dog style

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Poor people see a dollar as a dollar to trade something they want right now. Rich people see every dollar as a ‘seed’ that can be planted to earn a hundred more dollars… then replanted to earn a thousand more dollars.” pg 4

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“ Poor people see a dollar as a dollar to trade something they want right now. Rich people see every dollar as a ‘seed’ that can be planted to earn a hundred more dollars…then replanted to earn a thousand more dollars.” pg 4. Picture. Investing. Saving. Fold Your paper Hot dog style. - PowerPoint PPT Presentation

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Page 1: Fold Your paper Hot dog style

“Poor people see a dollar as a dollar to trade something they want right now. Rich people see every dollar as a ‘seed’ that can be planted to earn a hundred more dollars…then replanted to earn a thousand more dollars.” pg 4

Page 2: Fold Your paper Hot dog style

FOLD

YOUR PA

PER

HOT DOG ST

YLE

By: Your Name Period____

Picture

Investing

Saving

Compounding

Asset

Liability

Page 3: Fold Your paper Hot dog style

Know Want to Know LearnedI know……BlahBlahBlahBlahWords I think of when I hear Investing are:BlahBlahBlahBlah

About….. Blah blah blah Or ask a question

Why ……..

Is it true that………..

Page 4: Fold Your paper Hot dog style

If you invest your $ on A box of brownie mix for $1• Then Bake the brownies and cut

them into 10 big squares.• Sell them for .50 Cents each• You turned your $1 into $5.00 • You just made your money grow!

Page 5: Fold Your paper Hot dog style

Investing = page 6

• Investing is buying something with the expectation that it will make money for you.

High Risk

Page 6: Fold Your paper Hot dog style

But…What if You Go Shopping on Black Friday

• You see this great deal – The Real Deal NorthFace Jackets --- $20 each.

• You buy 10 of them for a total of $200 thinking you can sell them easily and make your money grow , but…what if they the sizes and colors are not what your friends like and they are non returnable…

• You will have invested in something that did not yet make your money grow and risked a lot of money $.

Page 7: Fold Your paper Hot dog style

Investing and Risk

• Risk = taking chances. • Normally the more Risk the higher the chance of

a big pay off.• Example: Buying Stocks in a new company that is

growing fast may turn you into a millionaire, but could also flop!

• More than likely you won’t use all of your savings knowing you could lose it all!

Page 8: Fold Your paper Hot dog style

Saving page 6

Is depositing your money into a financial institution for safe keeping to earn interest.

No Risk

Page 9: Fold Your paper Hot dog style

Compounding page 15• http://www.investopedia.com/video/p

lay/what-is-compound-interest/

Earning Interest on Interest

Page 10: Fold Your paper Hot dog style

Assets VS. LiabilitiesAssets is an item of value that can be converted to cash. (puts money into your pocketLiability is something owed to another person (takes money out of pocket) pg 17