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Final Reflection

Nathaniel Samuels
Dr. Ott
Personal Finance
January 28, 2019
Final Reflection
In Personal Finance we learned many things from early in life dealing with student loans to later crossing the crossover point where you no longer have to work for money. My favorite part of the class was the hypothetical discussions of if you spend more some points of your mortgage or put more away to investments. It was very cool to see the effects from these and how some go from 200,000 to 1,000,000 in an extra 5 years of investing.
In the life game at first I thought it would be unreasonable to have to predict finances 50 years in the future. As I continued it became easier and it became fun to see net worth go up and down as I bought a house and had children and then see the skyrocket at the end when my kids graduated and my mortgage was paid off.  With the rolls of the dice at first it made me go into crippling amounts of debt but as i rebalanced and took money out of an emergency fund it went back in the positives and long term let me end my life with $250,000 more than without it.
In paper trading my strategy was very different than most peoples i saw the market in decline  and made a risky investment early on, got lucky, and pulled out of the market $600 above where i started and in the end i was in 3rd place behind only Dr Ott and Mr Roddy. Looking back i could have invested more to be better off long term as the monday after i droped to 6th but i am happy with a third place slot for the term.

In the course i learned many things and i would take it again (with different topics). I believe it is important to think about money, and how we value it with life. I got a lot out of the course and think i will be able to use it to help me get beyond my sale shopping habits and as a useful resource beyond high school and collage.

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