FUTURE JOBS READERS Level 1-⑤ Asset Managers
What are some different ways to invest? What is Investing? What is investing? Making money grow Investing is using money to make more money. Buying stocks What are some different ways to invest? Ways to invest include buying and selling stocks. buying and selling bonds.
How to Make Money with Stocks Stock market prices How do people make money with stocks? When a person buys a stock, he or she buys a small part of a company. When the company makes money, the people who hold stocks make money, too. An investor will want to buy a stock at a cheap price. When the stock price is high, the investor can sell it. This is another way investors make money from stocks.
How to Earn Money with Bonds How do people make money with bonds? Borrowing money Buying bonds is like letting another person or company borrow your money. The company that takes the bond pays back the money a little bit at a time. It must pay interest or extra money. The interest a person pays adds up over time
Investment Goals What do asset managers do for people? Money to invest Asset managers help people meet their investment goals. Planning for the future What kind of investment goals do people have? A house as an investment goal A goal could be buying a house. saving for a child’s university study. saving for the time after a person stops working.
The Job of an Asset Manager What happens to stocks and bonds that investors buy? An asset manager talking to clients All of the stocks and bonds that an investor buys go into his or her portfolio. The asset manager takes care of the client’s portfolio. He or she buys and sells assets for the client. Watching for the best time to buy or sell
How do asset managers take care of a client’s investment portfolio? Managing Portfolios How do asset managers take care of a client’s investment portfolio? Creating a report for an investor Asset managers watch how assets change. They will make reports for the investor to see. He or she will help the investor decide to buy or sell assets. Making money by selling stocks
How to Be an Asset Manager Students studying Working with a more experienced asset manager at a company How can someone become an asset manager? You could go to university and study finance or business to become an asset manager, but you don’t have to. A degree can help you find a job. At a company, you might train under an experienced asset manager or get other training as well.
What skills do asset managers need? Asset Managers' Skills What skills do asset managers need? A calculator Asset managers should be good with numbers. be good with details. know how to ask questions and find answers. know how to keep things in order. work well with people. Keeping things organized as an asset manager Knowing how to solve problems
Vocabulary bonds n. borrow v. an official document that says you will be paid a certain amount of money because you have lent money to a government or company borrow v. to take and use something that belongs to somebody else, and return it to them at a later time
Vocabulary client n. degree n. a person who pays for services or advice degree n. the qualification obtained by students who successfully complete a university or college course
Vocabulary goal n. reach v. something that you hope to achieve to come to or arrive at a goal by some course of progress, action, etc.
Vocabulary stocks n. university n. a share in a company that people buy or sell when investing university n. an institution where students study for degrees and where academic research is done