Blake’s college does not currently have an investment club on campus. Blake would like to establish an investment club to get experience buying and selling stocks; he also would like to help his housemates learn more about stocks so they can start aggressively moving toward some of their long-term goals (provided, of course, that they’re in a good position to do so).
A summary of the housemates’ goals can be found in the first Continuing Case problem in Chapter 1.
1. What are the benefits to establishing an investment club?
2. How might Blake go about convincing his housemates to start an investment club?
Continuing Case problem in Chapter 1
Throughout the text, the continuing case scenario at the end of each chapter will involve situations encountered by the housemates of 906 East College Street. All of the residents are either current students or recent graduates. Leigh, Blake, and Nicole are siblings. Their parents bought the home, which is close to campus, as an investment when Leigh started at the university her freshman year. The following profiles describe each of the housemates and their intermediate goals.
1. For each housemate, identify a SMART short-term goal that supports his or her success in achieving an intermediate goal.