FIN 106 - Family Finance II

0.5 course unit

This course will explore several broad areas of family finance: saving and investment, retirement planning, and estate planning. Specific topics will include risk preferences and tolerances, risk-return tradeoffs, the stock market, bonds and their features, diversification, mutual funds, open-end and closed-end funds, load vs. no-load funds, index funds, asset allocation, pension plans and vesting, the defined benefit plan, the defined contribution plan, the 401(k), traditional IRAs, Roth IRAs, wills, trusts, and gifts. Students will develop subject mastery through assigned readings, class discussion, completion of assigned exercises, and participation in workshop-style presentations.
Prerequisite(s): FIN 105 Family Finance I or permission of the instructor.