FIN 420 ASSIST Career Path Begins/fin420assist.com

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FIN 420 ASSIST Career Path Begins/fin420assist.com
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FIN 420 ASSIST Career Path Begins/fin420assist.com
FIN 420 Entire Course FOR MORE CLASSES VISIT
www.fin420assist.com FIN 420 Week 1 DQ 1 FIN
420 Week 1 DQ 2 FIN 420 Week 1 Individual
Assignment Personal Finance Mission Statement FIN
420 Week 2 Individual Assignment Personal Finance
Problems and Summary FIN 420 Week 2 Personal
Finance Quiz FIN 420 Week 2 DQ 1 FIN 420 Week 2
DQ 2 FIN 420 Week 3 Individual Problem
Worksheet FIN 420 Week 3 Learning Team
Problems FIN 420 Week 3 DQ 1 FIN 420 Week 3 DQ 2
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FIN 420 ASSIST Career Path Begins/fin420assist.com
FIN 420 Week 1 DQ 1 FOR MORE CLASSES VISIT
www.fin420assist.com Describe your current
budgeting system. What factors influence your
financial decisions? What are the benefits or
concerns of your current budgeting system?
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FIN 420 ASSIST Career Path Begins/fin420assist.com
FIN 420 Week 1 DQ 2 FOR MORE CLASSES VISIT
www.fin420assist.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 pages
of Focus on Personal Finance for each of the
three components you described. What information
did you find most valuable on the websites you
visited?
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FIN 420 ASSIST Career Path Begins/fin420assist.com
FIN 420 Week 1 Individual Assignment Personal
Finance Mission Statement FOR MORE CLASSES VISIT
www.fin420assist.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  Personal values Financial
goals Future vision An easy action to take to
meet your mission A difficult action to take to
meet your mission  Format your assignment
consistent with APA guidelines. Note. The
information that students use in individual
assignments remains confidential between the
student and the instructor.
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FIN 420 ASSIST Career Path Begins/fin420assist.com
FIN 420 Week 2 DQ 1 FOR MORE CLASSES VISIT
www.fin420assist.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 meet your personal needs and objectives? How
do you use credit as a part of your personal
financial plan?
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FIN 420 ASSIST Career Path Begins/fin420assist.com
FIN 420 Week 2 DQ 2 FOR MORE CLASSES VISIT
www.fin420assist.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 your personal
financial plan?
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CJA 234 MART The power of possibility/cja234martd
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FIN 420 ASSIST Career Path Begins/fin420assist.com
FIN 420 Week 2 Individual Assignment Personal
Finance Problems and Summary FOR MORE CLASSES
VISIT www.fin420assist.com Complete the
Personal Finance Problems - Week 2. Write a 750-
to 1,050-word summary of the problems in which
the team includes the following  What influence
does present and future value of money have on
the different scenarios?  What is the role of
risk in determining decisions to diversify or how
assets are allocated?  Submit the team's answers
to the questions including all calculations and a
summary of the results.Click the Assignment
Files tab to submit your assignment.
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FIN 420 ASSIST Career Path Begins/fin420assist.com
FIN 420 Week 2 Personal Finance Quiz FOR MORE
CLASSES VISIT www.fin420assist.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? 2  An ATM with a service fee
of 2 is used by a person 100 times in a year.
What would be the future value in 10 years (use a
3 percent rate) of the annual amount paid in ATM
fees? 3  If a person spends 10 a week on coffee
(assume 500 a year), what would be the future
value of that amount over 10 years if the funds
were deposited in an account earning 3 percent? 4
A financial company that advertises on television
will pay you 60,000 now for annual payments of
10,000 that you are expected to receive for a
legal settlement over the next 10 years.  What is
the present value of this assuming the time value
of the money at 10?
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FIN 420 ASSIST Career Path Begins/fin420assist.com
FIN 420 Week 3 DQ 1 FOR MORE CLASSES VISIT
www.fin420assist.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 more conservative or less
conservative than you. How do their money
management behaviors differ from your own?
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FIN 420 ASSIST Career Path Begins/fin420assist.com
FIN 420 Week 3 DQ 2 FOR MORE CLASSES VISIT
www.fin420assist.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
cover varies between 3 and 9 months. Taking into
account the current financial environment, how
many months of expenses would you recommend for
an emergency fund and why? What are three
investment options that are appropriate for an
emergency fund? Which of these investment options
offer the best returns? What reasons might
encourage you to forego a higher return on your
emergency funds?
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FIN 420 ASSIST Career Path Begins/fin420assist.com
FIN 420 Week 3 Individual Problem Worksheet FOR
MORE CLASSES VISIT www.fin420assist.com 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 presentation
describing why the principle of asset allocation
is important when establishing an investment
program. Assume you are 59 years old, want to
retire in 6 years, and currently have an
investment portfolio valued at 550,000 invested
in technology stocks. After talking with friends
and relatives, you have decided that you have
too many eggs in one basket. Based on this
information, use the asset allocation method
described in this chapter and use the following
table to diversify your investment portfolio.
Then answer the following two questions o   What
are the advantages of asset allocation?
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FIN 420 ASSIST Career Path Begins/fin420assist.com
FIN 420 Week 3 Learning Team Problems FOR MORE
CLASSES VISIT www.fin420assist.com  Assume that
you are choosing an investment for your retired
parents. What are the advantages and disadvanges
of each of the following? o   a bond issued by
the federal government, o   a state or local
government, o   or a corporation?          Which
would you recommend for your retired parents?
Justify your answer.          Five years ago,
you purchased a 1,000 corporate bond issued by
General Electric. The interest rate for the bond
was 5. Comparable bonds are paying 6 today. o  
What is the approximate dollar price for which
you could sell your General Electric bond? o   In
your own words, describe why your bond decreased
in value.
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FIN 420 ASSIST Career Path Begins/fin420assist.com
FIN 420 Week 3 Learning Team Problems FOR MORE
CLASSES VISIT www.fin420assist.com  Assume that
you are choosing an investment for your retired
parents. What are the advantages and disadvanges
of each of the following? o   a bond issued by
the federal government, o   a state or local
government, o   or a corporation?          Which
would you recommend for your retired parents?
Justify your answer.          Five years ago,
you purchased a 1,000 corporate bond issued by
General Electric. The interest rate for the bond
was 5. Comparable bonds are paying 6 today. o  
What is the approximate dollar price for which
you could sell your General Electric bond? o   In
your own words, describe why your bond decreased
in value.
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FIN 420 ASSIST Career Path Begins/fin420assist.com
FIN 420 Week 4 DQ 2 FOR MORE CLASSES VISIT
www.fin420assist.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
monthly payments between the 60-month loan and
the 36-month loan? Review the amortization
tables. What is the difference in total interest
one would pay over the life of these two loans?
What do these differences show you about the true
cost of the car?.
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FIN 420 ASSIST Career Path Begins/fin420assist.com
FIN 420 Week 4 Individual Assignment Mutual Fund
Evaluation FOR MORE CLASSES VISIT
www.fin420assist.com Choose a mutual fund
family such as Vanguard, American Funds, T. Rowe
Price, and so forth. Identify one mutual fund
from that family for each of the following
categories  Actively managed common stock
fund Fixed income fund Balanced
fund International fund Fund devoted to
retirement investing  Write a 350- to 700-word
mutual fund evaluation for each mutual fund using
the worksheet of your financial plan as a
template. Include the following in your
evaluation  Analysis of the characteristics of
each fund Recommendation of the type of investor
to which each fund is suited
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FIN 420 ASSIST Career Path Begins/fin420assist.com
FIN 420 Week 4 Personal Finance Quiz FOR MORE
CLASSES VISIT www.fin420assist.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? 2 Sarah and James Hernandez
purchased 150 shares of Cisco Systems stock at
18 a share. One year later, they sold the stock
for 25.40 a share. They paid a broker a 32
commission when they purchased the stock and a
40 commission when they sold the stock. During
the 12-month period the couple owned the stock,
Cisco Systems paid dividends that totaled 0.24.
Calculate the Hernandezes total return for this
investment.
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FIN 420 ASSIST Career Path Begins/fin420assist.com
FIN 420 Week 5 DQ 1 FOR MORE CLASSES VISIT
www.fin420assist.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.
Outlined in Ch. 10 are four methods for
estimating life insurance needs. Which insurance
options are most appropriate for your family
situation? Based on what you have identified as
most appropriate for you, do you currently have
enough life insurance? If not, how can you close
this gap?
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FIN 420 ASSIST Career Path Begins/fin420assist.com
FIN 420 Week 5 DQ 2 FOR MORE CLASSES VISIT
www.fin420assist.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 or to establish your investment
portfolio? What adjustments will you need to make
to your budget and investment portfolio to
include adequate insurance?Consider your current
financial plan.
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CJA 234 MART The power of possibility/cja234martd
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FIN 420 ASSIST Career Path Begins/fin420assist.com
FIN 420 Week 5 Individual Problem Worksheet FOR
MORE CLASSES VISIT www.fin420assist.com 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? Describe the
advantages to using a College Savings 529 Plan
over gifting money directly to your children in
the form of a Uniform Gift to Minor Account. What
are some costs and disadvantages of 529 plans?
What types of 529 plans are available in your
state?
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FIN 420 ASSIST Career Path Begins/fin420assist.com
FIN 420 Week 5 Team Assignment Financial Planning
in Action FOR MORE CLASSES VISIT
www.fin420assist.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 24-year-old single
woman, college graduate, engineer, 20,000
savings 74-year-old widower, excellent pension,
500,000, long-term care insurance, three
children Write a 1,050- to 1,400-word paper in
which you do the following Describe the risk
tolerance and recommended asset allocation to
match that risk for each of the life situations
selected.
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FIN 420 ASSIST Career Path Begins/fin420assist.com