Week 6 of Office Hours
Class again started with a game of Troutwood's "Buys, Sell, Hold!" Student scores increased to an average of close to $2.5 million with a high score of $4.3 million!
Download the APP and give it a try!
This week's Watching Tres Grow podcast assignment, was Craig Slaughter, CEO/CIO of West Virgnia's Investment Management Board. Students continue to grasp the importance of being a long-term investor. Through repetition, comes confidence.
Discussion topics included:
When to save and when to invest.
What is a CD?
How are Mutual Funds and Exchange Traded Funds (ETF) different?
Is a Roth IRA an investment?
Understanding 401k vs Roth IRA
Three investing rules we discussed from Gene Natali's book The Missing Second Semester:
1) Under Promise Over Deliver
2) Buy a little bit a lot of times (i.e. Dollar cost averaging)
3) When something you want to own for a long time goes on sale, buy more.
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ABOUT Troutwood 👇
Troutwood provides investment and financial content that helps to remove the fear of finance and replace it with knowledge and confidence. Retirement in America is changing from employer directed to employee directed. Our objective is to help prepare individuals for this change. To help people learn to invest with understanding.
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