Introduction to the Stock Market
Give Me an Example of a Privately Traded Company who will not allow their company to be listed in the Stock Market
Chik-Fil-A
A Doctor that Treats Skin Diseases
Dermatologist
Why did Rich Dad state 'The Lack of Money is the Root of All Evil!'
Desperation for money could lead you to commit crimes to get money.
Which one of these is NOT a part of the Partnership Agreement?
d.) We agree that no one can ever leave the Partnership
What are the Taxes you pay for a Building you own, even your home?
Property Taxes
What is the name of someone who owns stock and can vote on company decisions.
Shareholder
A Real Estate Career that helps clients Buy, Sell or Rent Properties
Real Estate Agent
What is the difference in how Rich Dad and Poor Dad Died?
The Poor Dad Died penniless and in debt; The Rich Dad gave millions to his family and to charities
Why should you compare 3 cities before opening your first business location?
a.) To see how many other competitors are in that city.
b.) To see if the population is large enough to support your business.
c.) To check the crime rate and demographics in that city.
d.) All of the above
d.) All of the above
What do our Federal Taxes pay for? Name one
Roads, Schools, Police, Fire Department, etc..
What examples of worldly events can cause a Stock Price to go up and down
Covid, Presidential Election, Tariff Attack, Change in Public Opinion / Supply and Demand
A Lawyer that helps Clients when they have been fired from their jobs
Employment Lawyer
What's the Difference between an Asset and a Liability?
Asset makes you money; Liability costs you money.
Which one of these is NOT considered an additional income stream?
a.) Putting flyers on cars in Walmart parking lot asking people to come to your restaurant,
b.) Opening up pop-shops all over the area.
c.) Creating my own products to sell online
d.) Opening a booth at the county fair every year.
a) Putting flyers on cars in Walmart parking lot asking people to come to your restaurant,
What is a Tax Filing Status for people who are Single with Children?
Head of Household
Name Some Rights You have as a Shareholder
Vote on Policies, Vote to Fire CEO, Buy up enough Shares of Stock in that Company to take over the Company
This Doctor Specializes in the Treatment of Children
Pediatrician
Why did Mike's dad keep Robert and Mike waiting in a Dark, Dusty Room for over an hour before he would meet with them?
To push them around; Make them mad; or, Show them who's boss
What is All the Money You have made from your Business Sales before you have paid expenses
Revenue
What Tax Form allows you to choose how much is taken out of your Paycheck in Federal Taxes
W4
What are Index Funds?
A Collection of Several Impressive and well paying Stocks
The Doctor that you would visit for a Broken Leg
Orthopedist
Describe the Rat Race!
1) Get a job to earn money
2) Now that you have money you start buying things
3) Buying things puts you in debt
4) Now that you're in debt, you must keep working.
Which of the items are NOT needed for your Marketing Brand?
a.) Billboard over the highway
b.) Slogan
c.) Ad with brand color scheme
d.) Logo
a.) Billboard over the highway
A Tax credit for qualified educational expenses paid for an eligible student for the first four years of higher education right out of High School.
American Opportunity Tax Credit