Charles Edison

"Economics, politics, and personalities are often inseparable." - Charles Edison

Tuesday, March 6, 2012

Woo Pig Sooie!

I visited University of Arkansas a few weekends ago. As we did the college tour, two students were showing us around on campus. As we got to the business building, they started to explain some cool things about the department. The guy told that there is an investing class that every business major/minor has to take. The school donates $1,000,000 for the students to invest in the class so they can really get a hands on experience on the real stock market, rather than just learning through simulators for practice. I think using real money would put more pressure on the students to take it more seriously, in the chances of actually making/loosing real money. I thought this was pretty cool. This gives students the tools and knowledge to invest money early on. Especially being a business major, it is important to invest your money to make a good living. The earlier you start the more you will make. This is becoming more and more important because we need to start planning to save for retirement earlier on because our generations will not be able to plan for social security. Its cool that the university is investing money into their students, which will not only make the school money, but will overall drive the economy because those students will more than likely invest on their own, putting more money into the economy. I don’t know how common these classes are, but I think its an awesome idea that will spread if it hasn’t already. A lot of people, especially young adults, are scared to invest their money. By taking this class, more young adults will begin to put back money and start retirement funds early on and be smarter with their money.

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