Hello Accelerated Math Students! As part of your Quarter 2 investment project, you will post on this blog using your holiday pseudonym. You will also comment on two other posts. EXTENDED DUE DATE: SUNDAY DECEMBER 11, 2016. The grades are now finished for the blog.
Sunday, December 11, 2016
What I've learned from this project and how it has affected me
Before I did this project I thought that I should just put my money into the bank, so it can grow itself and continue to deposit money into the account every month. This project changed my whole entire perspective of what I use to do and what I want to do now. The annual rate of return that most banks give us is mostly 0.01%. Before I was like "this is normal, it cant be that bad" , but now that I saw that it didnt even earn me a dollar the whole entire year, it just didn't seem worth it. I have never thought of investing in my life, but now this has definitely changed. I saw the growth of my money in a savings account and the money I earned in my investment. THEY WAS SUCH A BIG DIFFERENCE IN MONEY. Now I just wonder to myself "WHY HAVEN"T I FOUND OUT ABOUT THIS SOONER?" As much as I don't really like math... I actually enjoyed this project due to this might being something I might do in the future and earn a lot of money.
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This really meant a lot to me. It's nice to know that someone had the same reaction to me when I was doing the research. I remember my 6th grade teacher gave us this problem where this person was giving 10% back every year. I was like, "I WANTS TO DO", but then I learned the truth 3 years later.
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