CLOs$/$Goals

Critically analyze financial data and technology to make informed capital budgeting decisions and manage risks effectively. $($CLO $2)$

Develop and communicate comprehensive financial strategies to solve organizational problems, demonstrating professional written and oral skills. $($CLO $3)$

Utilize quantitative techniques to assess financial scenarios and support managerial decision$-$making in real$-$world business contexts. $($CLO $5).$

Background

In this video, Jim Cramer explains how compounding can help investors build and preserve wealth. He provides suggestions for how young people can use the stock market to build financial independence.

Video: How to Double Your Money in Seven Years $($Video Length: $11$:$53$ minutes$)$

Assignment Question

$1.$ According to Jim Cramer, if you invest $$1,000$ in the S&P $500,$ how much can you expect your investment to be worth in $35$ years$$

$2.$ Gather data over the past $10$ years for the level of the S&P $500.$ How many of those years did the S&P $500$ have a return of at least $10\%?$ If you had invested $$1,000$ in an S&P $500$ index fund $10$ years ago, would you have doubled your money yet? Is your answer consistent with Jim Cramer$$s message?

Format

Submission Format:

Please use the Written Assignment Template $($you can access the template by clicking here. or download it Stanton University Written Assignment Template.docxDownload Stanton University Written Assignment Template.docx

Please submit your report as a PDF document.

Formatting Guidelines:

APA style formatting is required for each written assignment. Please use the APA $7$th edition.

All papers are to consist of original composition, double$-$spaced, $12-$type font in Times New Roman.

The page length requirement does not include the title page, abstract$,$ or reference pages.

Papers should begin with an introduction, and it would be better to end with a conclusion.

The body of the paper must include citations according to the APA style format.