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PERSONAL INVESTMENT PLAN Copyright © Texas Education Agency, 2012. All rights reserved.
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Transcript of PERSONAL INVESTMENT PLAN Copyright © Texas Education Agency, 2012. All rights reserved.
PERSONAL INVESTMENT PLAN
Copyright © Texas Education Agency, 2012. All rights reserved.
Copyright © Texas Education Agency, 2012. All rights reserved. 2
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DiscoveryUse a search engine to find out about personal financial plans by placing ‘personal financial plan’ in the search
box.
• What do you find? • Is there a lot of free information out
there? • How do you know where to start? • Do you know how investing can
help you ‘burn calories’? 3Copyright © Texas Education Agency, 2012. All rights reserved.
Need to Know Terms
• Investment•US Savings Bond•Certificates of Deposit•Mutual Funds•Stock•Real Estate•Collectibles•Commodities
• Penny Stock• Rate of Return• Income Tax Statement•W-2 Form•W-4 Form• 1040 EZ Form• Personal Investment Plan
4Copyright © Texas Education Agency, 2012. All rights reserved.
Introduction-Purpose of Assignment
SWBAT (Student Will Be Able To)
• Determine what type of investor he/she is
• Identify and examine investment options
• Evaluate investment options• Prepare a Personal Financial
Plan• Complete a 1040 EZ Tax
Return Form
5Copyright © Texas Education Agency, 2012. All rights reserved.
Guided Practice 1 -Financial Plan Worksheet
Download the Financial Plan Worksheet
As a class, we will fill out this form together to come up with how much
money a person would have to invest after recording their income and expenses for a 3-month time
period. 6Copyright © Texas Education Agency, 2012. All rights reserved.
Independent Practice 1-What Kind of Investor Am I?
Type in the following link to your browser: http://njaes.rutgers.edu/money/riskquiz/default.asp.
Determine what kind of investor you are
based on the results of your quiz.
Based on this information and the chart on the next slide, what kind of investments would I be likely to make?
7Copyright © Texas Education Agency, 2012. All rights reserved.
Guided Practice 28
Copyright © Texas Education Agency, 2012. All rights reserved.
Independent Practice 2-Personal Financial Plan
Answer the following questions:
• How much money do I have to invest after a
3-month time period? • How will I invest it? • Why did I make the
choices I made?
9Copyright © Texas Education Agency, 2012. All rights reserved.
Guided Practice 1 –Filling out a 1040 EZ
As a class, we will go through the process of filling out a 1040 EZ tax return form.
Please have a pencil ready and let’s go through this together.
FYI-The IRS has forms posted for people to download for use. Go to http://
www.irs.gov/formspubs/index.html.
10Copyright © Texas Education Agency, 2012. All rights reserved.
Summary
• What are some investment options you have? • What kind of risk taker are you?• What kind of investments match up with different levels of risk
takers? • How do you determine how much money to invest? • What form, provided by your employer, do you need in order
to fill out a 1040 EZ form?
• Can you fill out a 1040 EZ tax return form?
Summary
11Copyright © Texas Education Agency, 2012. All rights reserved.