FIN 420 ASSIST Redefine the Possible/fin420assist.com

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FIN 420 ASSIST Redefine the Possible/fin420assist.
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FIN 420 ASSIST Redefine the Possible/fin420assist.
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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
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FIN 420 ASSIST Redefine the Possible/fin420assist.
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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 Redefine the Possible/fin420assist.
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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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CJA 234 MART The power of possibility/cja234martd
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FIN 420 ASSIST Redefine the Possible/fin420assist.
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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
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FIN 420 ASSIST Redefine the Possible/fin420assist.
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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 Redefine the Possible/fin420assist.
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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 Redefine the Possible/fin420assist.
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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 Redefine the Possible/fin420assist.
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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?
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CJA 234 MART The power of possibility/cja234martd
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FIN 420 ASSIST Redefine the Possible/fin420assist.
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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 Redefine the Possible/fin420assist.
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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
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FIN 420 ASSIST Redefine the Possible/fin420assist.
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FIN 420 Week 3 Individual Problem Worksheet FOR
MORE CLASSES VISIT www.fin420assist.com     Comp
lete 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.
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FIN 420 ASSIST Redefine the Possible/fin420assist.
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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?
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FIN 420 ASSIST Redefine the Possible/fin420assist.
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FIN 420 Week 4 DQ 1 FOR MORE CLASSES VISIT
www.fin420assist.com   Adjustable rate
mortgages (ARMs) have received a great deal of
bad press due to the tremendous number of
foreclosures resulting from families who could
not afford the loan payments once the interest
rates increased. Do you believe this loan option
was used appropriately in recent years? Why or
why not? Under what circumstances does the use of
ARMs make sense? Please explain.  
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FIN 420 ASSIST Redefine the Possible/fin420assist.
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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
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FIN 420 ASSIST Redefine the Possible/fin420assist.
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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 
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FIN 420 ASSIST Redefine the Possible/fin420assist.
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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?
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FIN 420 ASSIST Redefine the Possible/fin420assist.
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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
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FIN 420 ASSIST Redefine the Possible/fin420assist.
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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
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CJA 234 MART The power of possibility/cja234martd
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FIN 420 ASSIST Redefine the Possible/fin420assist.
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FIN 420 Week 5 Individual Problem Worksheet FOR
MORE CLASSES VISIT www.fin420assist.com   Comple
te 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?
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FIN 420 ASSIST Redefine the Possible/fin420assist.
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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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