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Personal Finance in One Minute

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Overview

This course covers all the basics of personal finance and investing in one minute. Students will learn about calculating net worth, understanding financial statements and asset bubbles, as wellas investing strategies such as stocks, domains, real estate, and bonds. The course will also delve into other unique investment avenues such as Bitcoin, gold, art and antiques, and minimalism/frugality. Additional concepts such as fear & greed, contrarian investing, the greater fool theory and more are all explained. Students will gain an understanding of economic principles such as taxation, compound interest and diversification. This course is a great primer for anyone looking to gain a foundational knowledge of personal finance and various investment opportunities.

Syllabus

Learn How to Calculate Your Net Worth in One Minute.
Depreciating Assets Explained in One Minute.
Financial Statements Explained in One Minute: Balance Sheet, Income Statement, Cash Flow Statement.
Financial Leverage (Trading on Equity) Explained in One Minute.
Asset Bubbles (The Tulip Mania and Others) Explained in One Minute.
Investing in Stocks (AKA Shares or Equities) Explained in One Minute.
Investing in Real Estate Explained in One Minute.
Bonds (Corporate Bonds, Municipal Bonds, Government Bonds, etc.) Explained in One Minute.
Bitcoin and Cryptocurrencies Explained in One Minute.
Investing in Precious Metals (Mainly Gold and Silver) Explained in One Minute.
Counterparty Risk (Default Risk) Explained in One Minute.
Investing in Domains and Websites (Digital/Intangible Assets) Explained in One Minute.
The Economics of Prepping (Preparing for an Economic Collapse, Social Unrest, etc.) in One Minute.
Investing in Art and Antiques Explained in One Minute.
Compound Interest Explained in One Minute.
The Foreign Exchange Market and Forex Trading Explained in One Minute.
Credit Scores and Credit Reports Explained in One Minute.
Investing in Yourself Explained in One Minute.
Minimalism and Frugality Compared in One Minute.
Pump and Dump Schemes Explained in One Minute.
Tangible and Intangible Assets Compared in One Minute.
The Economics Behind Doing/Fixing Things Yourself (DIY) vs. Hiring a Professional in One Minute.
The Economics Behind Getting a Job vs. Working for Yourself (Being Your Own Boss) in One Minute.
Retirement Planning in One Minute: When to Start Preparing, Building a Diversified Portfolio, etc..
Paying Rent vs. Getting a Home Loan / "Mortgage" - A One Minute Comparison.
Can You Afford a Car? If So, Should You Buy the Car Now? Find Out in One Minute!.
The Economics Behind Choosing Your Car in One Minute: What Kind of a Vehicle Should You Pick?.
Buying New Cars vs. Choosing Used Vehicles - A One Minute Comparison.
Opportunity Costs (the "Price" of Missed Opportunities) Explained in One Minute.
Diversification Explained in One Minute: Don't Put All Your Eggs in One Basket When Investing.
Binary Options Explained in One Minute: Scams or Legitimate Investment/Trading Opportunities?.
Peer-to-Peer Lending (AKA P2P Loans or Crowdlending) Explained in One Minute.
Secured vs. Unsecured Loans in One Minute: Definitions, Explanations and Comparison.
Insurance (Life Insurance, Health Insurance, Auto/Car Insurance, etc.) Explained in One Minute.
Debt/Loan Consolidation, Refinancing and Restructuring Defined, Explained & Compared in One Minute.
The Economics of... Dying (Leaving a Will, Passing on Assets, etc.).
Insolvency vs. Default vs. Bankruptcy: Three Terms Defined, Explained and Compared in One Minute.
Cash and Cash Equivalents (Treasury Bills, Money Market Funds, CDs, etc.) Explained in One Minute.
Hedge Funds, Mutual Funds and Exchange-Traded Funds (ETFs) Explained & Compared in One Minute.
Altcoins (Bitcoin Alternatives) Defined and Explained in One Minute: Namecoin, Litecoin & 1.6k+ Alts.
Dollar Cost Averaging (DCA) and Lump Sum Investing Defined, Explained & Compared in One Minute.
Net vs. Gross (Income, Pay/Salary, etc.) in One Minute: Definition/Difference, Explanation, Examples.
Payday Loans (AKA Cash Advance Loans, Payday Advance Loans or Salary Loans) Explained in One Minute.
Traders vs. Investors: Trading and Investing Explained/Compared in One Minute.
Types of Traders Compared in One Minute: Scalpers, Day Traders, Swing Traders, etc..
Loss Aversion and the Sunk Cost Fallacy Defined & Explained in One Minute.
Assets and Liabilities Defined, Explained and Compared in One Minute.
The Economics of Decluttering/Organizing and Selling Useless Stuff on eBay/Craigslist in One Minute.
The Return On Investment (ROI) in One Minute: Definition, Explanation, Examples, Formula/Calculation.
The Greater Fool Theory Explained in One Minute: From "Definition" (Meaning) to Examples.
Personal Finance for Young People (Young Adults/Professionals) in One Minute: Facts, Tips & Examples.
Personal Finance for Older Adults (Including Senior Citizens/Retirees) in One Minute.
Short Selling Assets (Shorting) Explained in One Minute: From Definition to Examples.
Securities Explained in One Minute: From Definition/Meaning to Examples.
Shareholders and Stakeholders Compared in One Minute: Definition/Meaning, Explanation and Examples.
The Economics of HODLing ("Hold" Typo Meme) Bitcoin and Cryptocurrencies Explained in One Minute.
Trust Funds Explained in One Minute: Definition/Meaning, Examples and Tips.
Cryptocurrency Exchanges Explained in One Minute: Is Your Crypto (BTC, ETH, LTC, XRP, etc.) Safe?.
Stablecoins (Crypto) Explained in One Minute: Are Tether (USDT) or Coinbase's USD Coin (USDC) Safe?.
The Economics (Money/Financial Dimension) of Marriage: Is Getting Married Good for Business?.
The Economics of Having Children: Costs, Financial Challenges and Tips for Those Starting a Family.
Contrarian Investing Defined/Explained in One Minute: Is Trading Against the Trend a Good Strategy?.
Bull and Bear Markets (Bullish vs. Bearish) Explained in One Minute: From Definition to Examples.
Hobby Economics, Examples/Ideas Included: Are Hobbies a Waste of Time or Good For You?.
The Stock to Flow Ratio Explained in One Minute: From Gold/Silver... to Bitcoin/Crypocurrencies?.
Block Reward Halvings for Bitcoin/Cryptocurrencies Explained in One Minute: Definition, Mining, etc..
Living Below and Above Your Means Explained in One Minute: Examples, Implications, Politics, etc..
Revenue vs. Gross Income/Profit/Earnings vs. Net Income/Profit/Earnings (Bottom Line) in One Minute.
The Risk to Reward Ratio Explained in One Minute: From Definition and "Formula" to Examples.
The Risk and Probability of Ruin (When Investing/Trading) Explained in One Minute.
Value Investing Explained in One Minute: The Intelligent Investor, Benjamin Graham & Warren Buffett?.
Value Investing Explained in One Minute: The Intelligent Investor, Benjamin Graham & Warren Buffett?.
The Earnings Per Share (EPS) & Price-to-Earnings Ratio (P/E Ratio): Definitions. Formulas. Examples..
The Earnings Per Share (EPS) & Price-to-Earnings Ratio (P/E Ratio): Definitions. Formulas. Examples..
The Book Value and Price-to-Book Ratio (P/B Ratio) Explained: From Definition to Formulas & Examples.
The Book Value and Price-to-Book Ratio (P/B Ratio) Explained: From Definition to Formulas & Examples.
Volatility Explained in One Minute: From Definition/Meaning & Examples to the Volatility Index (VIX).
Past Performance Does Not Guarantee Future Results: Popular Quote/Disclaimer Explained in One Minute.
The Economics Behind Instant and Delayed Gratification Explained in One Minute: Consuming vs. Saving.
Longing vs. Buying and Shorting vs. Selling: One Minute Comparison, from Definition to Differences.
Fear and Greed... in One Minute: Emotional vs. Rational Economic Thinking and Investment Decisions.
The Lindy Effect Explained in One Minute: From Albert Goldman to Nassim Taleb, & Gold to... Bitcoin?.
Downsizing Your Home (Life?) Explained in One Minute: Should You Move to a Smaller House/Apartment?.
Stop-Loss and Take-Profit Orders Explained in One Minute: From Definition to Examples~Trailing Stops.
The Life Extension/Longevity Industry's Economics Explained: Geroscience, Biomedicine, Anti-Aging....
Index Funds (John Bogle & Others) Explained in One Minute: Definition, Types, Examples & Performance.
The Alpha (Edge, Excess Return, Abnormal Rate of Return) of Investors/Traders Explained (One Minute).
The Fear of Missing Out (FOMO) When Investing/Trading Explained in One Minute.
"Whales" Explained in One Minute: Well-Funded Investors/Traders Like JPMorgan Chase's "London Whale".
A Market for Lemons: George Akerlof, Information Asymmetry, Imperfect Information & Market Failures.
Risk-On and Risk-Off (Safe Haven) Assets Explained: From Bonds (US Treasuries) to (Crypto)Currencies.
From Bullish to Bearish: Market Sentiment (AKA Investor Sentiment/Attention) Explained in One Minute.
(Online) Brokers Explained: From Stock Certificates to Full-Service and Discount Brokerage Services.
Market Makers (Liquidity Providers) and the Bid-Ask Spread Explained in One Minute.
Over-The-Counter (OTC) Trading and Broker-Dealers Explained in One Minute: OTC Link, OTCBB, etc..
Mortgage-Backed Securities (MBS) Explained in One Minute: Did We Learn Our Lesson?.
The "Big Three" Credit Rating Agencies in One Minute: Standard & Poor's/S&P, Moody's and Fitch Group.
Collateralized Debt Obligations (CDOs) Explained in One Minute: Definition, Risk, Tranches, etc..
Collateralized Loan Obligations (CLOs) Explained in One Minute: Mortgage-Backed Securities 2.0?.
Why and How Do Asset Prices Collapse? Minsky Moments (Hyman Minsky) Explained in One Minute.
Linear (Arithmetic) and Logarithmic (Exponential Growth) Scales/Charting Explained in One Minute.
Legitimate Recovery or Dead Cat Bounce (DCB)? Catching a Falling Knife Explained in One Minute.
Stock Buybacks (Share Repurchases) Explained in One Minute: Why Do Companies Buy Back Shares?.
Stock Buybacks (Share Repurchases) Explained in One Minute: Why Do Companies Buy Back Shares?.
Stock Buybacks (Share Repurchases) Explained in One Minute: Why Do Companies Buy Back Shares?.
Stock Prices vs. Real Economy in One Minute: What Do Soaring Share Prices Tell Us About Main Street?.
V-Shaped Recoveries Explained and Compared to U, W and L-Shaped Recovery Scenarios... in One Minute.
Legal and Illegal Front-Running (Tailgating) Explained in One Minute: Buy the Rumor, Sell the News?.
Will the 2020 Economic Crisis Turn into a Great or Greater Depression? A One Minute Perspective.
Will the 2020 Economic Crisis Turn into a Great or Greater Depression? A One Minute Perspective.
"Paper Profits" and "Paper Wealth" Explained in One Minute: Realized vs. Unrealized Gains.
The Economics Behind Living Paycheck to Paycheck: Debt Over-Optimization Explained in One Minute.
The Economics Behind Living Paycheck to Paycheck: Debt Over-Optimization Explained in One Minute.
"Retail Bros" (Dave Portnoy) vs. "Suits" in One Minute: (Why) Do Most Retail Traders Lose Money?.
"Retail Bros" (Dave Portnoy) vs. "Suits" in One Minute: (Why) Do Most Retail Traders Lose Money?.
Permabulls vs. Permabears in One Minute: From Definition to Examples (Gold, Stocks, Real Estate...).
Consumerism After COVID-19? Post-Pandemic Consumer Behavior Changes Explained in One Minute.
Consumerism After COVID-19? Post-Pandemic Consumer Behavior Changes Explained in One Minute.
The Wealth Effect Theory Explained in One Minute: Will/Should You Spend More If You "Feel" Richer?.

Taught by

One Minute Economics

Reviews

4.0 rating, based on 1 Class Central review

Start your review of Personal Finance in One Minute

  • Jouviniel BJ Naga
    Excellent, Educational - Thanks!
    Excellent, Educational - Thanks!
    Excellent, Educational - Thanks!
    Excellent, Educational - Thanks!
    Im a man of a few words

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