If you asked me what these words meant yesterday, I would've had no idea. If you ask me what they mean today, I'd know some of them. But if you ask me at the end of our finance unit I'm hoping to know all of them.
Nonetheless, how do you learn the meaning to all of these words without reading their definition off a textbook?
I asked myself the exact same question until today.
If I told you that you had $3000 to invest on the stock market, wouldn't that entail learning about stocks, mutual funds, bonds, interest rates, IPO's, etc? I mean, if I want my investment to be successful, wouldn't I have to know the meaning to all of these words?
This is exactly what we have to do for our first finance project; we have the autonomy to invest $3000 in the stock market. The group that comes up with the best proposal will actually get the $3000. The only condition is that our investment meets our customers desires.
Knowing nothing about finance will make the task hard and getting used to some of the terms will be frustrating, but that is part of the learning process. Learning shouldn't always be easy. If it is, we aren't pushing ourselves to learn at our fullest potential.
3000 dollars is a lot of money, but I am ready to spend them in the smartest, most efficient way possible.