The last week we've spend time learning about finance and actually experiencing how hard the real world is. We realized how it can sometimes be very frustrating and stressing when working with money. For me this finance unit has been a great opportunity; we are all surrounded by this terms (stocks, investments, bonds, IPO, Beta, etc.) daily and we don't know what they mean.
This week I researched and learned many concepts about finance independently. At times I got very stressed because some terms were very hard to understand however this frustration forced to explore many sources so I went from Youtube videos to websites and to actual experts, like my dad who taught me about investments and the different ways of investing. By actually experiencing and going around gathering information I was able to understand much more the concepts and actually get in the shoes of a real financier, real life experience.
Today I learned something very important, when learning something new it is very important to stay open minded and open to new ideas, concepts and opinions. When talking to James my group and I were so into his advise that we only focused on stocks and we shut off all the other investing methods without even learning about them. When talking to my dad he told me that mutual funds was the best bet, I was so confused then, Iw as receiving so much advice that I didn't know what to do. So I researched all the investment options and I figured with all my research that mutual funds and ETF's are the best bet.
This week I researched and learned many concepts about finance independently. At times I got very stressed because some terms were very hard to understand however this frustration forced to explore many sources so I went from Youtube videos to websites and to actual experts, like my dad who taught me about investments and the different ways of investing. By actually experiencing and going around gathering information I was able to understand much more the concepts and actually get in the shoes of a real financier, real life experience.
Today I learned something very important, when learning something new it is very important to stay open minded and open to new ideas, concepts and opinions. When talking to James my group and I were so into his advise that we only focused on stocks and we shut off all the other investing methods without even learning about them. When talking to my dad he told me that mutual funds was the best bet, I was so confused then, Iw as receiving so much advice that I didn't know what to do. So I researched all the investment options and I figured with all my research that mutual funds and ETF's are the best bet.