Getting Started:
British Columbia English Language Arts Curriculum:
- A1 – use speaking and listening to interact with others
- A7 – demonstrate enhanced vocabulary knowledge and usage
- A9 – use speaking and listening to improve and extend thinking, by
- acquiring new ideas
- analysing and evaluating ideas
- developing explanations
- summarizing and synthesizing
- B2 – read fluently and demonstrate comprehension of grade appropriate information texts
- C2 – write a variety of effective informational writing for a range of purposes and audiences that communicates ideas to inform
Links to the New Learning Standards:
- Comprehend and connect
- Access information and ideas for diverse purposes and from a variety of sources and evaluate their relevance, accuracy, and reliability.
- Apply appropriate strategies to comprehend written, oral, and visual texts, guide inquiry, and extend thinking inform ideas to inform
Learning Goals:
- Students will discover ways to invest money and understand the risks and rewards of each kind of investment.
Readiness:
- Students need to understand the terms: acronyms, investments.
Materials Needed:
Learning Activity:
Introduction to Lesson:
- Ask the class if they have heard the term “Money doesn’t grow on trees.”
- Do they know where a person can put money to make it grow?
- Do they have any money saved? What kind of investment is it?
- Explain that today they will be researching different kinds of investments that people can buy to make their money grow.
Action:
- Divide the class into 6 groups.
- Each group will be researching a financial investment.
- Assign one kind of investment to each group—TFSA, GIC, RRSP, RESP, Bank Saving Account or Stock Market.
- They are to use the internet to research and report back to the class:
- what the acronym represents,
- where to buy this kind of investment, and
- what the advantages and disadvantages are of putting money in this kind of investment.
Consolidation of Learning:
- The groups share their findings with the class, discussing what was learned about each kind of investment.
Evaluating Success:
Success Criteria:
- For homework, the students are to pretend they have $100 to invest. They are to use the knowledge they learned today and write a paragraph explaining why they chose this way to invest the money.
Confirming Activity:
- Ask the students to share with their family, what they have learned about investing.