Investing in Stocks and Bonds

Hours: 24 / Access Length: 180 Days / Delivery: Online, Self-Paced
Retail Price: $175.00

Course Overview:

The purpose of this course is to gain a greater understanding of bonds and stocks for the person who has an interest in learning more about finance but may not yet have had much personal experience with it. The aim is to not only make you more informed in managing your own personal finances but also help you become a more informed consumer of the news, make more insightful decisions at work or at school, and be a better citizen of the increasingly financialized world we all live in.

Students will:

• Learn why stocks and bonds are so important to economic progress and to making societies more profitable and peaceful.
• Describe the specific characteristics of bonds as well as different types of bonds, each of which reflects its particular use in society.
• Learn how changes in the prices of bonds change the actual returns on holding a bond, and how inflation impacts the real return on holding bonds.
• Discuss the various elements that determine the returns to holding bonds and the risk of holding bonds.
• Learn how stocks are valued and how differences of opinion among investors regarding risk and return create the stock market.
• Discuss the role that central banks such as the Fed play in modern economies, and central banks’ role in setting monetary and interest rate policy.
• Learn the factors that influence stock market bubbles and government debt crises including the real factors and psychological influences.
• Invest in stocks and bonds using sound investing techniques, including diversification, long-term investing, and investing in indexed mutual funds.

Course Outline:

Lesson 1: Why is Finance through Bonds and Stocks so Important?

We will take a brief look at the history of stocks and bonds and talk about the specific problems that bonds and stocks help us overcome—the problems of imperfect and unequal information about the future.

Lesson 2: What is a Bond?

This lesson describes the specific characteristics of bonds as well as different types of bonds, each of which reflects its particular use in society. We will also describe some basic features of the secondary resale market for bonds.

Lesson 3: What Determines Prices and Interest Rates on Bonds?

In this lesson, we discuss how the two prices related to bonds. We discuss how changes in the prices of bonds change the actual returns on holding a bond even if the interest rate on the bond doesn’t change, and how inflation impacts the real return on holding bonds.

Lesson 4: How Do Bond Markets Work?

In this lesson, we discuss the various elements that determine the returns to holding bonds and the risk of holding bonds. This, in turn, helps us understand why bond prices and interest rates rise and fall.

Lesson 5: How Do Stocks and Stock Markets Work?

This lesson covers the common features of stocks and how they differ from bonds. We will also talk about how stocks are valued and how differences of opinion among investors regarding risk and return create a resale market for stocks—the stock market.

Lesson 6: What Is the Federal Reserve, and How Does Monetary Policy Work?

This lesson discusses the role that central banks play in modern economies, with particular focus on central banks’ role in setting monetary and interest rate policy, the goals of monetary policy, and how changes in policy impact the returns to stock and bondholders.

Lesson 7: What Causes Stock Market Bubbles and Government Debt Crises?

In this lesson, we talk about why these climbs and crashes in prices take place, focusing specifically on the extent to which bubbles and government debt crises are driven by real factors and to what extent they are driven by psychology.

Lesson 8: How Should You Invest in Stocks and Bonds?

The focus of this lesson is on personal finance and the role that bonds and stocks should play in decisions to save for the future, the importance of diversification, investing for the long term and placing your money in indexed mutual funds.

Lesson 9: The Future of Bonds and Stocks

This lesson covers some of the issues and controversies that will shape the future of bond and stock markets: the future of financial innovation, the future of government regulation, the future of government debt crises, and the future of stock market bubbles.

All necessary course materials are included.

System Requirements:

Internet Connectivity Requirements:

• Cable, Fiber, DSL, or LEO Satellite (i.e. Starlink) internet with speeds of at least 10mb/sec download and 5mb/sec upload are recommended for the best experience.

NOTE: While cellular hotspots may allow access to our courses, users may experience connectivity issues by trying to access our learning management system.  This is due to the potential high download and upload latency of cellular connections.   Therefore, it is not recommended that students use a cellular hotspot as their primary way of accessing their courses.

Hardware Requirements:

• CPU: 1 GHz or higher
• RAM: 4 GB or higher
• Resolution: 1280 x 720 or higher.  1920x1080 resolution is recommended for the best experience.
• Speakers / Headphones
• Microphone for Webinar or Live Online sessions.

Operating System Requirements:

• Windows 7 or higher.
• Mac OSX 10 or higher.
• Latest Chrome OS
• Latest Linux Distributions
  

NOTE: While we understand that our courses can be viewed on Android and iPhone devices, we do not recommend the use of these devices for our courses. The size of these devices do not provide a good learning environment for students taking online or live online based courses.

Web Browser Requirements:

• Latest Google Chrome is recommended for the best experience.
• Latest Mozilla FireFox
• Latest Microsoft Edge
• Latest Apple Safari

Basic Software Requirements (These are recommendations of software to use):

• Office suite software (Microsoft Office, OpenOffice, or LibreOffice)
• PDF reader program (Adobe Reader, FoxIt)
• Courses may require other software that is described in the above course outline.