Here is the scoop for homework tonight. You have two tasks. One is ready to go now. You will need to fetch the Mutual Fund reading from Edmodo. Here are the questions you are looking to answer.
Part A - The World of Mutual Funds
2. What are some of the advantages mutual funds have over regular stocks?
3. Why do most people choose to go with mutual funds rather than just invest their money on their own?
4. Explain the difference between a higher-risk fund and a lower-risk fund.
5. Here is another difference - General Mutual Funds and Sector Mutual Funds? Huh? what are these?
6. Do you think some people may be concerned about who is managing their mutual fund? Explain...how can they find out information about who is managing the fund
7. Finally, look at the chart on page 142. What is the big difference between investment strategies between the 25 and 45 year old? Why do you think this is?
8. The Dow Jones Industial Average - What is it? Who created it? Name some companies on it....which has been on the longest?
Part B - Stock Quote Reading and Practice. (Check back on this later in the day....)
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