Mod 14 Part 2

Module 14 Part 2 - Psych 126 - Tracking Your Financial Progress

Five Bookmarks:

(You can find all the course learning objectives by clicking the bookmark called Expected Outcomes on the Psy-126 Internet Syllabus.)

4.	Perform Malkiel's random walk down Wall Street experiment. (or watch a video like Understanding Wall Street)
5.	- page 460 - Take Self-Assessment 15-2 "Are you too far in debt?"

1st	Listen as country team members explain the "Dogs-of-the Dow " theory to the class, and elaborate on companies currently comprising the dogs-of-the dow.
2nd	This is an optional activity, time and circumstances permitting. Perform Malkiel's random walk down Wall Street (or watch a video like Understanding Wall Street)
3rd	Take Self-Assessment 15-2 "Are you too far in debt?"

1st	Listen as country team members explain the "Dogs-of-the Dow " theory to the class, and elaborate on companies currently comprising the dogs-of-the dow.

2nd	This is an optional activity, time and circumstances permitting. Perform Malkiel's random walk down Wall Street (or watch a video like "Understanding Wall Street.")

3rd	- text page 460 - Take Self-Assessment 15-2 "Are you too far in debt?"

Human Relations Self-Assessment Quiz 15-2

Are You Too Far in Debt?

(If you answer yes to two or more of the questions which follow,
you ARE getting too far into debt!)

1.	Is an increasing percentage of your income being used to pay debts?	Yes	No
2.	Do you use credit to buy many of the things you bought in the past for cash?	Yes	No
3.	Are you paying bills with money targeted for something else?	Yes	No
4.	Have you taken out loans to consolidate your debts or asked for extensions on existing loans to reduce monthly payments?	Yes	No
5.	Does your checkbook get lower by the month?	Yes	No
6.	Do you pay the minimum amount due on your charge accounts each month?	Yes	No
7.	Do you get repeated dunning notices (letters demanding payments) from your creditors?	Yes	No
8.	Are you threatened with repossession of your car, cancellation of your credit cards, or other legal action?	Yes	No
9.	Have you been drawing on your savings to pay regular bills that you used to pay out of your paycheck?	Yes	No
10.	Do ;you depend on extra income from overtime and part-time work to get you to the end of the month?	Yes	No
11.	Do you take out new installment loans before old ones are paid off?	Yes	No
12.	Is your total savings less than three months' take-home pay?	Yes	No
13.	Is your total installment credit (not counting mortgage) more than 20% of your take-home pay?	Yes	No
14.	Do you become horror-struck when you look at your credit card bills?	Yes	No
15.	Has a credit card company rejected your application in the past two years?	Yes	No

Class Activities

Items covered in this class session or listed as homework:

Undone Begun Completed Mentioned or
Discussed

Review/Preview
Learning Objectives

Class Activities

Summary

Homework

Instructor Comments:

Student Comments:

1.	Re-Read Chapters 13 and 15 as preparation for Exam #3 during Module 15, Part 2.
2.	During Module 15, Part 1, arrange to use a computer connected to the internet in order to complete the multiple choice and true-false quizzes associated with Chapters 13 and 15. This is considered your review in order to prepare you to take Exam #3. Log into Blackboard at PHCC and complete the quizzes.
3.	Remember that Module 15, Part 2 is the time during which you should take Exam #3 over Chapters 13 and 15. Log into Blackboard at PHCC and complete Exam #3.