A not so In-depth Look at my In-Depth Night Preparations

Finally, time for the last In-Depth progress post! (I shouldn’t be too excited, as In-Depth night is fast approaching ?) In this post, I will mostly outline what I plan to have in my learning centre on the “Big Day”.

I plan to have several boards/mindmaps/separate displays, to fit the main categories that I’ve spread my project out to. The first one would contain key terms related to investing spread out like a mind map. The goal of this is to have people look at it and get a general sense of what is going to be talked about, or for them to learn some of the most important words and definitions. It will look like this in my mind.

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The next board will have some degree of interactivity, I hope. What I am thinking right now would be to have a list of articles on the table, printed out, and ask what each person would do in this scenario. If I can, I will have an iPad with current holdings (imaginary just to fit the exercise), and stock trend charts until the day the news report came out. The reports will be of something positive or negative, and people would need to respond by buying more, selling or shorting, or holding and doing nothing. At some point, I will introduce how different mainstream investment ideas will respond to the news, and “predict” how the stock will go. It is an exercise to practice critical thinking and to learn some investment strategies and market psychology. Below is the general outline.

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In the last part, there will be a “self-serve” information section with different types of ways to invest. I am thinking of having three boxes labelled with high risk, medium risk and low risk that contains paper slips inside. The idea is to have people reach into the box that they are comfortable with and pull out a method that they can invest. One challenge with this method is that in some boxes, there won’t be a lot of paper slips, so it would feel empty when people do the draw.

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I am still trying to think of new ideas or to perfect my current ones. Suggestions welcomed!


For my progress so far, I am behind schedule, as I haven’t started frequently looking at finance new and actually buying things. I should be trading at least five times a week, and right now it is more like two. I will try to redesign my schedule by Thursday night, and hopefully, I can get on track. By the way, I have finished all of the Khan Academy videos on Stock and Bonds, but I will still keep watching about mortgages, banks and inflation.

All images made from MS Paint.

In-Depth Intro: Investing

It is finally time for another In-Depth project! The project is one of my favorite TALONS events, and I have thought long and hard about what I want to learn about. After some comparisons and evaluations, I got down to investing in securities, funds, etc. indepth

The reason that I decided to learn about investing is partially due to the eminent person project I completed earlier in the year. Even when I was younger, still in elementary school, my parents exposed me to some books that humorously talks about the importance of growing money. The vivid metaphors intrigued me and planted a seed inside. All of that helped me make my decision for this year’s project.

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One of the Chinese books I read (I can’t find the English name, but it is written by a German author)

There are two possible mentors that can support me in my learning. One has already agreed orally and is experienced doing trading (he worked at a stock exchange). The other person manages my family’s stocks and is very professional, with many years of outstanding record. I might be able to Skype her since she is in China, but if not she can give me some pointers if I email her.

 

“In investing, what is comfortable is rarely profitable.”              – Robert Arnott