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Unformatted text preview: 1 Complete Personal Finance Guidebook (pages 114 pages 114-132) 132) WSJ: Understanding Money and Investing (pages 104 (pages 104 123 123 Important Course Activities (pages 104 (pages 104-123) 123) Final Draft of Spending Plan March 14, 2011 March 14, 2011 Quiz: Quiz: Midterm: March 21, 2011 How to Read a Stock Table Market Buying & Selling Terms Ask Sellers Price Bid Buyer Price ORDERS Market Buy or Sell at any price Limit Buy at or below - Sell at or above Stop Buy Above - Sell Below GTC Good Til Canceled Investment Brokers Investment Brokers How many different types of brokers are there? Discount Full-service commission-based Full-service fee-based Which would you choose, and why? Which would you choose, and why? Class Exercise Class Exercise 2 Stock Exchanges Place where stocks are bought and sold. U.S. stock exchanges New York Stock Exchange - NYSE National Association of Securities Dealers Automated Quotations NASDAQ Automated Quotations NASDAQ Chicago Stock Exchange National Stock Exchange Philadelphia Exchange World Exchanges Sao Paolo, London, Bombay, Johannesburg, Tokyo, Hong Kong, Shanghai, Australian Stock Market Indexes Index is composed of a specific set of stocks DJIA or Dow (Dow Jones Industrial Average) is composed of 30 companies Average) is composed of 30 companies Standard and Poors 500 (S&P 500) is composed of 500 stocks NASDAQ Composite (NASDAQ) is composed of over 3,000 technology / growth stocks Dividends Why do companies issue or payout dividends?...
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- Spring '11