ASSIGNMENT 08

C07J Personal Finance

Part A:1.Describe two (2) steps you should take to evaluate and choose health care insurance options.

2.Describe one (1) consideration you should take into account when looking into the option of private health care insurance.

Part B:Describe one (1) way that the decision to invest in stocks affects financial planning, liquidity management, financing, and protecting your wealth.

Part C:Before investing in mutual funds, describe two (2) other issues that you would want to address in your overall financial plan.

Grading Rubric

Please refer to the rubric on the following page for the grading criteria for this assignment.

CATEGORY

Exemplary

Satisfactory

Unsatisfactory

Unacceptable

Part A: Health care insurance - steps (20 points)

20 points

15 points

10 points

5 points

Student provides a clear, logical description of at least 2 steps you should take to evaluate and choose health care insurance options.

Student provides a mostly clear, logical description of 1-2 steps you should take to evaluate and choose health care insurance options.

Student provides a weak or unclear description of 1-2 steps you should take to evaluate and choose health care insurance options.

Student provides a poor description of 1 step you should take to evaluate and choose health care insurance options.

Part A: Health care insurance - considerations (15 points)

15 points

12 points

8 points

5 points

Student provides at least 1 clear, logical consideration you should take into account when looking into the option of private health care insurance.

Student provides at least 1 mostly clear, logical consideration you should take into account when looking into the option of private health care insurance.

Student provides at least 1 weak or unclear consideration you should take into account when looking into the option of private health care insurance.

Student provides 1 poor consideration you should take into account when looking into the option of private health care insurance.

Part B: Investing in stocks (20 points)

20 points

15 points

10 points

5 points

Student provides a clear, logical description of at least 1 way that the decision to invest in stocks affects financial planning, liquidity management, financing, and protecting your wealth.

Student provides a mostly clear, logical description of at least 1 way that the decision to invest in stocks affects financial planning, liquidity management, financing, and protecting your wealth.

Student provides a weak or unclear description of at least 1 way that the decision to invest in stocks affects financial planning, liquidity management, financing, and protecting your wealth.

Student provides a poor description of 1 way that the decision to invest in stocks affects financial planning, liquidity management, financing, and protecting your wealth.

Part C: Mutual funds (20 points)

20 points

15 points

10 points

5 points

Student provides a clear, logical description of at least 2 other issues that you would want to address in your overall financial plan before investing in mutual funds.

Student provides a mostly clear, logical description of 1-2 other issues that you would want to address in your overall financial plan before investing in mutual funds.

Student provides a weak or unclear description of 1-2 other issues that you would want to address in your overall financial plan before investing in mutual funds.

Student provides a poor description of 1 other issue that you would want to address in your overall financial plan before investing in mutual funds.

Mechanics (15 Points)

15 points

12 points

8 points

5 points

Student makes no errors in grammar or spelling that distract the reader from the content.

Student makes 1-2 errors in grammar or spelling that distract the reader from the content.

Student makes 3-4 errors in grammar or spelling that distract the reader from the content.

Student makes more than 4 errors in grammar or spelling that distract the reader from the content.

Format(10 Points)

10 points

8 points

5 points

2 points

The paper is written in proper format. All sources used for quotes and facts are credible and cited correctly.

The paper is written in proper format with only 1-2 errors. All sources used for quotes and facts are credible and most are cited correctly.

The paper is written in proper format with only 3-5 errors. Most sources used for quotes and facts are credible and cited correctly.

The paper is not written in proper format. Many sources used for quotes and facts are less than credible (suspect) and/or are not cited correctly.