Tuesday, September 27, 2011

Tuesday, September 27th

TIME IS MONEY!!!

Today we:
  • Finished Lesson #3 (When to invest? ASAP!) by handing back the Case Quiz #3 and discussing the Joe Becherer article. We compared our timelines. The point was made that Joe could not have done what he did later in life without first starting to save/invest when young.
  • Introduced Lesson #4 (Time is Money - The 8th Wonder of the World!)
  • Discussed Simple vs. Compound interest
  • Looked at some examples of compounding
  • Watched the penny compounding video



Lesson #4 Time is Money!

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