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Posted on May 30, 2019May 13, 2020 by personal-finance

Investing Unit 2: About the Author

  • Introduction
  • Unit 1: Basic Building Blocks of Successful Financial Management
  • Unit 2: Investing Basics
  • Saving and Investing
  • Risk
  • Diversification
  • Dollar-Cost Averaging
  • Time-Value of Money
  • Asset Allocation
  • Investment Preferences
  • Summary
  • Action Steps
  • About the Author
  • Unit 3: Finding Money to Invest
  • Unit 4: Ownership Investments
  • Unit 5: Fixed-Income Investing
  • Unit 6: Mutual Fund Investing
  • Unit 7: Tax-Deferred Investments
  • Unit 8: Investing with $mall Dollar Amount$
  • Unit 9: Getting Help: Investing Resources
  • Unit 10: Selecting Your Team of Financial Professionals
  • Unit 11: Investment Fraud


  • Study Guide
  • Action Steps
  • Monthly Investment Messages
  • Glossary

Author Profile

Joan Witter worked on the Cooperative Extension staff at Michigan State University for over 20 years. She received both B.S. and M.A. degrees from Michigan State University and is currently Program Leader Emeritus, Extension Family Resource Management Programs.

Answers to questions 1-7 of section – How Time Affects Money:

  1. 20,000
  2. 37,021
  3. 62,000
  4. 545,344
  5. 352,427
  6. 525,344
  7. 290,427

CategoriesFinancial Security for All Tagsinvesting

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This is a national Cooperative Extension resource

This work is supported in part by New Technologies for Agriculture Extension grant no. 2020-41595-30123 from the USDA National Institute of Food and Agriculture. Any opinions, findings, conclusions, or recommendations expressed in this publication are those of the author(s) and do not necessarily reflect the view of the U.S. Department of Agriculture.

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