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Personal Finance 2019: Day 6

Tuesday January 15 
Tuesday was a very eventful day for the Personal Finance J Term. Dr. Ott was sick, so Mr. Roddy supervised us. Since we would be leaving campus our parents had to sign a permission form that Mr. Roddy sent to them. Unfortunately he accidentally sent the wrong form, so we had to get our parents to sign again. But it all worked out and we were able to go off campus.
        Mr. Ying was kind enough to come into the school in the morning to talk to us about his experience not owning a car. He used the whiteboard to prove to us how not owning a car and only using Uber and Lyft is a lot cheaper. He did this by writing all of the expenses of owning a car (price of the car, gas, maintenance etc…)  and finding the price per day. He then did the same for Ubering and we found that Ubering is way cheaper per day than owning a car.  This depends on how and how much you use your car. Mr. Ying also talked to us about other ways to save money and how he made a successful business.
       After that, Mr. Gross came to talk to us about real estate and his very successful real estate business. He explained all the different kinds of real estate and how to make money off of it. He talked about how he built his business and the profits that can be made from investing in real estate. We learned so much about terms and strategies used in real estate . After that we got to go visit one of Mr. Gross’s apartment complex called Copper Cove Apartments. We first went into the office where we were introduced to the staff and were given freshly baked cookies. They showed us three apartments, a studio, a 1 bed 1 bath, and a larger 1 bed 1 bath. It was very cool to see all the inside of the different apartments. We then headed back the the school where our day came to an end.

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