BUS-123 - Introduction to Investments
Spring 2021

Southwestern Community College
Instructor: Frank Paiano


Most all the documents are presented via Google Docs. You should be able to read the documents on any device. Very cool!

You can use [File] [Download as] to download the documents into Word or OpenOffice format. Or you can use [File] [Make a copy] to make your own Google Docs file. (Please don't ask for [Edit] rights. Make your own copy and edit the copy. See the Chapter 1 Study Guide presentation for how to make your own copy.)

If your device says that the document could not be read, try updating your mobile device's Google Docs app or updating your PC, Mac, or Linux browser. (The problem may also be that you are not currently connected to the Internet. Try again when you are connected.)

You, too, can use Google Docs. It is free and allows you to manipulate your documents on your desktop or laptop computer or your mobile device. Plus they will give you several gigabytes of free storage. Even more cool!

Announcements and class material begin below. Keep scrolling.



*** Text Book Information at the Bottom of the Page ***

Yes, yes, I know. This web page looks intimidating. "Aye, Paquito! All those links!"
Relax. Much of it is duplicated. (In the case of the presentations, quaduplicated!)
Just get started and remember to listen, watch, and work at least an hour each day.




First Exam

Exam #1
BUS-123-01

BUS-123-502
Tuesdays & Thursdays
8:35 a.m. to 10:00 am
Online
Exam #1: Introduction and Overview, Risk versus Return, Short-term Investments, Mutual Funds
Chapter 1: Introduction and Overview, Risk versus Return, Short-term Investments
Chapter 4: Mutual Funds
Thursday, February 25th to Sunday, February 28th


Announcements

Announcements  (Announcements also available in Canvas)

Week #0 - Presemester Announcement - Video - Video (CC) - Audio
  Pre-semester annoucement for students enrolled in online class
  Pre-semester annoucement for students on waiting list for online class


Chapter Presentations, Handouts, and Assignments


Part 1:
Introduction


Syllabus:
BUS-123-01 Remote Tuesday/Thursday - Audio commentary will be created during Lecture 1 on February 1st
  You could also listen to the Audio Commentary for the Online Classes Syllabus. It is almost exactly the same.
BUS-123-502 Online - Audio Commentary of Online Class Syllabus - Long Format  Long format in Canvas
Your Humble Professor Introduces Himself
Your Humble Professor Introduces Himself (CC)   Many thanks to 3CMediaSolutions for ADA-compliant closed captioning.
Your Humble Professor Introduces Himself with just audio
A Guided Tour of the class website - Video (CC) - Audio  Uh, it's what yer lookin' at right now.
Videos on Apple iTunes  Apple won't allow us to upload videos anymore. It appears that iTunes is being phased out.

Chapter 1 and Notes:
What is an Investment?
The Investment Universe
Risk versus Return
Short-term Securities


Chapter 1 Materials
Presentation file  Every chapter has a Google Docs slide presentation that can be read with Powerpoint, Open Office, Libre Office, or Google Docs
Study Guide - Video - Video (CC) - Audio  Discussion of the chapter study guides and how to use Google Docs
Assignment - Commentary   The process is more important than the information and answers. Enjoy!
Short-Term Investments Assignment - Commentary
TreasuryDirect.gov Assignment - Commentary
   TreasuryDirect.gov  Your Federal Tax Dollars at Work!
   Cetes Directo    El TreasuryDirect.gov de Mexico - Miralo - Una tasa de interes mas grande que los estados unidos
How to Submit Assignments - Commentary
Discussion Boards Assignment (Everyone now is posting! Everyone now is online!) - Commentary
  Add your picture to the discussion boards!  We want to see your smiling face!

Security? But I'm not an Administration of Justice Major!   No, not that type of security!
Security Types Matching Handout - Answer Key   Memorize for exam! You must know these!
Investopedia: What is a Security?

Sample Portfolio Class Project - Commentary

Books to Read (Eventually) - Commentary
Future Value Worksheet - Commentary - Answer Key
Future Value Tables

Scams   They want to take your money!
Turn $33,000 into $7,000,000 in just 2 years! - Rates of Return - Commentary
  Yet another scam -- Turn $500 into $650,000 with no risk!  When you see advertisements like these, please send them my way. Thanks!
Investopedia article on recent stock scams
The same kind of illegal behaviors go on in the world of weight loss supplements  Some weight loss supplements have Prozac and Viagra!

Short-term Securities Investments
Investopedia: An Introduction to Commercial Paper
T. Rowe Price Cash Reserves Money Market Fund  Interesting. This fund can have securities that mature in up to 397 days but the average is 60 days.
U.S. Government Money Market Mutual Fund Annual Report  Scroll down to pages 5 and 6 to see the Treasury bills and corporate paper that the money market owned on September 30, 2020
Short-term Securities Examples: Video - Video (CC) - Audio
  2020 Example: Spring 2020
  2019 Example: Spring 2019
  2018 Examples: Fall 2018 - Spring 2018  The Federal Reserve Bank started raising short-term rates in 2015
  2014 Example: Fall 2014 -  Before 2015, short-term rates were close to zero!
Interview with a Dyed-in-the-Wool CD Investor  Jeanne tells you why she will only invest in short-term investments
Bankrate.com  Popular Internet site for researching short-term investments

Online Audio Lectures
Chapter 1, Notes - Lecture 1 - Slides 1 to 14    Introduction: What is an Investment?
Chapter 1, Notes - Lecture 2 - Slides 15 to 34    An Overview of the Investment Universe
Chapter 1, Notes - Lecture 3 - Slides 35 to 54    Risk versus Return
     Liar's Poker Story - Slide 48    Are you a Speculator/Trader or are you an Investor?
     The Value Line on the Difference between Investing and Speculating/Trading
Chapter 1, Notes - Lecture 4 - Slides 55 to 73    Short-term Investments

Online Audio/Video Lectures
Chapter 1, Notes - Lecture 1 - Slides 1 to 14    Introduction: What is an Investment?
Chapter 1, Notes - Lecture 2 - Slides 15 to 34    An Overview of the Investment Universe
Chapter 1, Notes - Lecture 3 - Slides 35 to 54    Risk versus Return
     Liar's Poker Story -- Slide 48    Are you a Speculator/Trader or are you an Investor?
     The Value Line on the Difference between Investing and Speculating/Trading
Chapter 1, Notes - Lecture 4 - Slides 55 to 73    Short-term Investments

Online Audio/Video Lectures on YouTube (Closed captioning available)
Chapter 1, Notes - Lecture 1 - Slides 1 to 14    Introduction: What is an Investment?
Chapter 1, Notes - Lecture 2 - Slides 15 to 34    An Overview of the Investment Universe
Chapter 1, Notes - Lecture 3 - Slides 35 to 54    Risk versus Return
     Liar's Poker Story -- Slide 48    Are you a Speculator/Trader or are you an Investor?
     The Value Line on the Difference between Investing and Speculating/Trading
Chapter 1, Notes - Lecture 4 - Slides 55 to 73    Short-term Investments

Text Book

Here are links to sellers of the 9th, 8th, 7th, 6th, 5th, and 4th edition of the text book: "Fundamentals of Investments" by Jordan & Miller
The text book is available at the college book store as well as numerous other outlets.
The text book is usually also available across the street at Otay Books.
There are now web-based versions of text books available at www.coursesmart.com.
Except for the data being updated, there are not many differences between the 4th, 5th, 6th, 7th, 8th editions.
Also, there are two copies in the main campus library on reserve. You can read them there but they can not be checked out
Please listen to the syllabus commentary about the textbook. (Hint, hint. Wink, wink. Nudge, nudge.)
9th Edition -- This is the "official" book of the Spring 2021 class
Amazon: https://www.amazon.com/Fundamentals-Investments-Management-Bradford-Jordan
eBay.com: Various editions available on eBay
Chegg.com: Seems they only have up to edition #8 on Chegg
8th Edition -- Very similar to the current edition (but cheaper)
Amazon: https://www.amazon.com/Fundamentals-Investments-Management-Bradford-Jordan/dp/1259720691/ref=dp_ob_title_bk
eBay.com: Various editions available on eBay
Chegg.com: Seems they only have up to edition #8 on Chegg.com
7th Edition -- Very similar to the current edition (but even cheaper)
Amazon: https://www.amazon.com/MP-Fundamentals-Investments-Stock-Trak-card/dp/0078115663/ref=sr_1_2?ie=UTF8&qid=1470412788&sr=8-2&keywords=fundamentals+of+investing+7th+edition+jordan
eBay.com: Various editions available on eBay
Chegg.com: http://www.chegg.com/textbooks/fundamentals-of-investments-7th-edition-9780077861636-0077861639?trackid=67a86a11&strackid=6c290340&ii=5
6th Edition -- Also very similar to the current edition (but even more cheaper)
Amazon: http://www.amazon.com/Fundamentals-Investments-Stock-Trak-Mcgraw-Hill-Insurance/dp/0077457641/ref=dp_ob_title_bk
eBay.com: Various editions available on eBay
Chegg.com: http://www.chegg.com/textbooks/fundamentals-of-investments-with-stock-trak-card-6th-edition-9780077457648-0077457641?trackid=YAJcVwrZ&ii=1&om_ss=1
5th Edition -- Again, very similar to the current edition (but really, really more cheaper)
Amazon: http://www.amazon.com/Fundamentals-Investments-Stock-Trak-Mcgraw-Hill-Insurane/dp/0077283295/ref=sr_1_6?s=books&ie=UTF8&qid=1322833773&sr=1-6
eBay.com: Various editions available on eBay
Chegg.com: http://www.chegg.com/textbooks/fundamentals-of-investments-w-sp-card-stock-trak-card-5th-edition-9780077283292-0077283295?trackid=5a730d99&autosuggest=1&uqry=9780077283292&ii=1
4th Edition -- You guessed it! Very similar to the current edition (but probably the cheapest)
Amazon: http://www.amazon.com/Fundamentals-Investments-McGraw-Hill-Finance-Insurance/dp/0073027219/ref=sr_11_1?ie=UTF8&qid=1199133503&sr=11-1
eBay.com: Various editions available on eBay

Back