Use the Powerpoint to complete your
Answer the questions using the textbook located here
Complete Ch. 3 Notes from Powerpoint
Prepare 4 mutual funds you’d like to watch over the course of the 9 class.
Review for Unit 1 Test
Dave recommends mutual funds for your employer-sponsored retirement savings and your IRAs. Divide your investments equally between each of these four types of funds:
- Growth & Income
- Aggressive Growth
Choose A shares (front end load) and funds that are at least five years old. They should have a solid track record of acceptable returns within their fund category.
If your risk tolerance is low, which means you have a shorter time to keep your money invested, put less than 25% in aggressive growth or consider adding a “Balanced” fund to the four types of funds suggested.
Dave does not own single stocks and does not suggest single stocks as part of your investment plan. Single stocks don’t consistently generate returns as high as mutual funds do in the long-term. If you really want to own a stock for some reason (company stock, for fun, etc.), limit single stocks to no more than 10% of your investment portfolio.
Unit 1 Test
Dave Ramsey-Unit 3