Personal Finance – 1/20/17
I. Bellwork
- Walmart stock is $75.83/share. You buy 50 shares plus pay your broker 7% of the purchase price. What is your total cost?
- Walmart stock is $57.62/share. You buy 100 shares plus pay your broker 5% of the purchase price. What is your total cost?
II. Objectives
- Content OBJ: calculate the cost of buying stocks and profit when selling
- Lang OBJ: explain how to calc the total cost when buying stocks, and the profit when selling
- Content OBJ: calculate the Return on Investment when selling stocks
III. Discussion
How Do I Buy a Stock? | Investing Basics by The Motley Fool
https://www.investopedia.com/university/stocks/stocks6.asp
IV. Classwork
- 12.2 Definitions (8) Page 269
- 12.1.3 Profit on Stock
- 12.1.4 Return on Investment
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