🪙 Gold vs. 📈 Stocks — Grandma's $1,000 Challenge
8/20
Before we begin Session 1, we will start with a current-market discussion.
If you receive $1,000, what would you do with it:
buy gold or buy stocks?
Listen to different views, think about what is happening in financial markets,
weigh the pros and cons, and then make a choice.
Quiz 1 — Group Work of 3
What is your choice — GOLD or STOCKS?
Show your rationale. Work together in a group of
3 and be ready to explain why your group made that choice.
TEST 1 MATERIAL
Session 1 · The Federal Reserve
8/25
Federal Reserve history, structure, leadership, 12 Reserve Banks, Board of Governors, FOMC, dual mandate, major responsibilities, videos, and Quiz 1 study review.
Open Session 1
NEW • 9/16 FED UPDATE
▶ Watch Now
TEST 1 MATERIALSession 2 · Monetary Policy
8/27 & 9/1Compare 100-, 50-, and 25-bps cuts, staying put, and a rate hike; trace consequences for inflation, jobs, the dollar, stocks, bonds, gold, households, retirees, and global stability. Includes the highlighted easing/tightening toolkit, QE/QT, New York Fed operations, and Quizzes 1–3.
Open Session 2
TEST 1 MATERIALSession 3 · What Is Money?
9/3 & 9/8Money versus income and wealth; M0, the monetary base, M1 and M2; bank deposits and money creation; velocity, inflation, interest-rate policy, QT, and federal debt. Includes interactive explanations, videos, homework, and 66 professor-approved questions and answers.
Open Session 3
TEST 1 MATERIALSession 4 · Crypto, Stablecoins & Digital Payments
9/10 & 9/15Web3, blockchain, Bitcoin, stablecoin design and reserves, digital payments, bank-issued stablecoins, the GENIUS Act, financial risks, money and Treasury connections, and payment safety. Includes videos, hands-on activities, homework, and 50 professor-approved questions and answers.
Open Session 4
Session 5 · Banking System
Balance sheets, capital, liquidity, deposit insurance, supervision, lender of last resort.
Open Session 5
Session 6 · Banking Regulation
Post-2008 rules, post-2018 tailoring, Basel, capital/liquidity rules, stress tests, resolution.
Open Session 6
Session 7 · Fractional Reserve Banking
T-accounts, money multiplier, real-world frictions, capital limits, simulator and quiz.
Open Session 7
Session 9 · Credit Unions & VyStar
Credit unions, NCUA insurance, field of membership, and local VyStar case study.
Open Session 9
Session 8 · Banking & Stablecoin Discussion
TBTF, stablecoins vs. banks, starting a bank, and bank-failure scenarios.
Open Session 8
Financial Markets & Instruments
Market structure, financial instruments, intermediaries, and direct finance.
Class notes / existing course materials
Stocks, Risk & Diversification
Risk-return tradeoffs, diversification, stock selection, and class trading tools.
Risk Tolerance Tool
Session 10 · Commodities, Gold & ETFs
Gold history, ETFs, futures, drivers, and interactive labs.
Open Session 10
Session 11 · Futures & Hedging
Contract specs, margin, P/L, basis, hedge ratios, and case studies.
Open Session 11
Session 12 · Mutual Funds & Selection
Share classes, fees, active vs. passive, screening workflow, common pitfalls.
Session 13 · Foreign Exchange
Rate gaps, parity basics, floating vs. fixed rates, and drivers of the U.S. dollar.
Open Session 13
Session 14 · Options & Hedging
Payoffs, Greeks, Black–Scholes intuition, protective puts, collars, and hedging cases.
Session 15 · Mortgage-Backed Securities
Mortgage securitization, pass-throughs, agency/non-agency MBS, prepayments, TBA basics, 2008.
Open Session 15 — MBS
Session 16 · Asset-Backed Securities
Student loans, credit cards, auto ABS, tranches, ratings, safety and liquidity.
Open Session 16 — ABS
Session 17 · Money Markets & Repo
T-bills, CDs, commercial paper, repo, ON RRP, SOFR, safety and liquidity.
Open Session 17
Current Financial Market Topics
Current developments selected during the semester.
In-class current topics
Blockchain, Bitcoin & Ethereum
Return to the crypto module for blockchain, Bitcoin and Ethereum discussion.
Open Crypto / Blockchain Module
Session 18 (FYI) · Investing Choices
Personal-finance framework; not on the final.
Open investment.html
Session 19 (FYI) · IRA — Roth vs Traditional
Plain-English overview of IRA types; informational only.
Open ira.html