The term "investing" is one that often strikes fear into the hearts of those who hear it. It's a term that sounds intimidating or one that is preserved solely for the rich. But when you have your own finance professor to break it down and make it simple, that which appears to be complicated immediately becomes easily digestible.
In this course, Dr Boyce Watkins has create a set of videos and modules designed to introduce your child to the concepts behind investing, how it works, and how to engage in this activity into adulthood. It is recommended that your child first go through the course "15 things every black child needs to know about money," since the other course lays the ground work for this one.
After taking this course, you child will know the following:
1) The 5 benefits of being an investor
2) Five myths about investing you should let go of right now
3) Examples of investments
4) What is diversification?
5) What are the five major asset classes?
6) What is Risk?
7) What is inflation?
8) Where can I invest my money?
9) What is return on investment?
10) What is leverage?
11) What is liquidity?
12) What is capital?
13) What are capital gains?
14) What is a future value?
15) What is an annuity?
I love to learn. I love to teach.. I never presume that I know everything, since the key to knowledge is understanding how little you actually know. But my goal is to give information, insights and perspectives that allow you to broaden your thinking and to realize all that is possible.
My PhD is in Finance, which I obtained from The Ohio State University. My masters degrees are in Mathematics and Statistics, which I earned at The University of Kentucky. I also received BA and BS degrees with a triple major in Finance, Economics and Business Management from The University of Kentucky.
I have been on the faculty at Syracuse University since 2001. Before that, I taught classes at The University of Rochester, The Ohio State University, Indiana University and The University of Kentucky. I've been teaching at the college level since I was 22 years old, and have mostly taught classes in Mathematics, Economics, Statistics and Finance.
I am the author of the following books: "Everything You Ever Wanted to Know about College," "What if George Bush were a Black Man?", "Financial Lovemaking 101: Merging Assets with Your Partner in Ways that Feel Good," and "Black American Money."
Finally, I am the founder of the Your Black World Coalition, an organization and independent media outlet with over half a million subscribers worldwide. We have played a role in confronting destructive hip-hop music, and have also led campaigns on various civil rights issues in the African American community.
StartThe 5 benefits of being an investor (8:03)
StartFive myths about investing you should let go of right now (8:05)
StartExamples of investments: What are some things you can invest in? (6:49)
StartWhat is diversification? (4:04)
StartWhat are the five major asset classes? (4:36)
StartPowerpoint slides for Module #1 - Go through these to prepare for the exam
StartModule #1 Self-study quiz