|
Instructor:
Mr. Joe.
Damato
Business Communications 128
Personal finance
PURPOSE: In preparation for writing an academic paper, students will do
library research on personal finance related topics.
INTRODUCTION
Why bother with personal finance?
1) The right way to invest. Read about a
college student
who will be millionaire at age 37 and did it the right way.
2) Avoid phishing schemes. Phishing
refers to the practice of e-mails being sent to users purporting to
be from institutions such as their bank and urging them to click on
a web link to update their online account information. The link
leads to afake website where inputting details risks giving
fraudsters access to actual bank accounts. For example, one of the
most recently identified phishing
attacks is targeted towards fans of Harry Potter. The fraudulent
emails ask users to enter personal data in order to reserve a copy
of the new Harry Potter novel.
3) Avoid fraud investment schemes. Use the website
Quatloose
This website sponsored by a nonprofit seeks to educate you about
certain types of financial frauds, how these deals really work,
and how you can manage your risk of financial fraud. It is also a
clearinghouse of info on the latest financial and tax scams. The
brainchild of Jay D. Adkisson, an attorney and stockbroker "known
as one of the best asset protection planners in the U.S. Another
scheme to read about is the
PairGain Fraud.
FIND INFORMATION
You must read books, articles and websites to understand
personal finance.
|