NYU Financial Intelligence Summary

Choose an article online and write a summary and advantages related to real life, also why you chose this article.

The purpose of this assessment is to build a sense of community as we learn about Personal Financial Planning together. It involves posting a summary and some practical applications from one article of your choice that relates to one of the Units of the course under the ‘Learning Community’ section of the course website (note that you do not need to post one article on each Unit of the course). An ‘article’ can be a website article, news article, blog article, academic research article, book chapter, video or audio podcast of your choice. Your choosing artical should include the word “ Publicity”.

Topics are below:

Unit 1: Financial Intelligence

Understanding financial statements, forecasts, budgets, operating leverage and financial planning process.

Unit 2: Financial Strategy

Money and happiness, human bias, values, life stages, setting goals, rates of return and savings calculations.

Unit 3: Financial Independence

FIRE movement, how much is needed, common strategies and details of the superannuation system.

Unit 4: Career Strategy

The economy, structural change, understanding yourself, choosing a career and developing a career strategy.

Unit 5: Property and Loans

Pros and cons of buying property, property taxes, valuation, buying process and property loans.

Unit 6: Ethics and Compliance

Ethical frameworks, decision-making, values and principles, FASEA code of ethics and legislation.

Unit 7: Risk Management

Risk and human bias, social security, estate planning and life, property, motor, health and travel insurance.

Unit 8: Taxation Planning

Understanding the tax system, tax on personal and investment income and tax on superannuation.

Unit 9: Investing in Shares

Valuing shares, portfolio theory, investing in shares, non-mainstream investments.

Unit 10: Investment Strategy

Asset categories, financial leverage, risk profiles, asset allocation and investment strategy.

Choose one topic out of ten, the content of your post should include up to 1,000 words summarising the main points of your article, what you believe are the main practical applications of those points for you or other participants of the course and your rating for that article. You can write the post in a way that is interesting and engaging for other students so that they can learn from it.

You can use any resources online related the topic you choosed.