Asset Allocation Video
Math 3 Honors Project
Math Video from ellie holtaway on Vimeo.
Essential Questions
1) What is your target viewer demographic (i.e. young adults, adults with children, etc.?)
Young adults. Ages 16-22
2) What is the most important part of your message?
The most important thing to explain to our viewers is that there are many different options when it comes to asset allocation. Hopefully we can show the viewers all of the options so that they can make informed decisions regarding their personal finances.
3) How you will use math (logarithms in particular) to show the audience what happens to the value of their investments in the future (future value)?
We’ll be able to show how logarithms are used in investments (future value) and how compounding works. Because logs are used in investments, all we need to do is show the “dirty work” or the real, laid-out math that goes on in the audience’s bank accounts.
4) How will your video encourage your audience to make good financial decisions?
Having a short story of the character’s financial situations and goals of each, all wanting to reach in their investments lays the base for us to pose questions and solutions. Which will help guide the characters to be successful, thoughtful on the track they need to take to fulfill their goals.
5) Write at least 3 examples of possible financial scenarios, detailing the imaginary investors involved and the questions you want your audience to be able to answer in order to provide the imaginary investors with the best financial advice. Be sure to describe the profile of the investors. See the examples below for guidance. -- Cassilyn (winner), Max (not so winner), Bethany (average?)
Young adults. Ages 16-22
2) What is the most important part of your message?
The most important thing to explain to our viewers is that there are many different options when it comes to asset allocation. Hopefully we can show the viewers all of the options so that they can make informed decisions regarding their personal finances.
3) How you will use math (logarithms in particular) to show the audience what happens to the value of their investments in the future (future value)?
We’ll be able to show how logarithms are used in investments (future value) and how compounding works. Because logs are used in investments, all we need to do is show the “dirty work” or the real, laid-out math that goes on in the audience’s bank accounts.
4) How will your video encourage your audience to make good financial decisions?
Having a short story of the character’s financial situations and goals of each, all wanting to reach in their investments lays the base for us to pose questions and solutions. Which will help guide the characters to be successful, thoughtful on the track they need to take to fulfill their goals.
5) Write at least 3 examples of possible financial scenarios, detailing the imaginary investors involved and the questions you want your audience to be able to answer in order to provide the imaginary investors with the best financial advice. Be sure to describe the profile of the investors. See the examples below for guidance. -- Cassilyn (winner), Max (not so winner), Bethany (average?)
Characters
Name: Arya Smith
Age: 29
Occupation: Animator
Risk Tolerance: Medium
Family status: Engaged
Born and raised in San Francisco, Arya grew up a single child in a fairly medium-class neighborhood. After years of private education throughout elementary and high school, Arya pursued an art degree at the Art Institute in San Francisco. However, to make the payments on her own and attending college, she needed another way of paying the loans other than her job at the local ice cream shop. Arya started investing as soon as she entered college, at around age 18 and with the assistance of her parents.
Name: Demetrius
Age: 27
Occupation: Circuit board Technician
Risk Tolerance: High Occasional
Demetrius was born the east coast but his parents immigrated from western world into the US with minor support from his parents unfamiliar to university in america. Demetrius managed to trudge on through college and work for a small business in electronics. With an engineer like mind, his decisions were mostly thought through, but often shaky and unstable and are enclosed from unfamiliar ideas and chances. As far as he can tell he survived, but never reached true potential. Today he aims to eventually move out of his apartment into a house in a mostly quiet suburban area, and come up with a strong investment plan to secure more money in the future.
Name: John O’Fallon
Age: 34
Occupation: Garbage Man
Risk Tolerance: Low (no money to gamble)
Family Status: Divorced with 6 kids ages 2-12
John O’Fallon was born in Ireland and moved to the United States at age seven. Went through to college, but when he had children, he had to drop out because there were too many to support. Has been a garbage man for nine years making around 32,000 a year. His priorities have always been centered around his children.
Age: 29
Occupation: Animator
Risk Tolerance: Medium
Family status: Engaged
Born and raised in San Francisco, Arya grew up a single child in a fairly medium-class neighborhood. After years of private education throughout elementary and high school, Arya pursued an art degree at the Art Institute in San Francisco. However, to make the payments on her own and attending college, she needed another way of paying the loans other than her job at the local ice cream shop. Arya started investing as soon as she entered college, at around age 18 and with the assistance of her parents.
Name: Demetrius
Age: 27
Occupation: Circuit board Technician
Risk Tolerance: High Occasional
Demetrius was born the east coast but his parents immigrated from western world into the US with minor support from his parents unfamiliar to university in america. Demetrius managed to trudge on through college and work for a small business in electronics. With an engineer like mind, his decisions were mostly thought through, but often shaky and unstable and are enclosed from unfamiliar ideas and chances. As far as he can tell he survived, but never reached true potential. Today he aims to eventually move out of his apartment into a house in a mostly quiet suburban area, and come up with a strong investment plan to secure more money in the future.
Name: John O’Fallon
Age: 34
Occupation: Garbage Man
Risk Tolerance: Low (no money to gamble)
Family Status: Divorced with 6 kids ages 2-12
John O’Fallon was born in Ireland and moved to the United States at age seven. Went through to college, but when he had children, he had to drop out because there were too many to support. Has been a garbage man for nine years making around 32,000 a year. His priorities have always been centered around his children.
Storyboard
Opening: trendy title sequence
Beginning: point of video described and introduction to our characters (two of them. good example+bad example)
Middle: What they are doing now in terms of asset allocation and managing finances (story about their day and what they are doing)
End: projection into their future
Conclusion: trendy ending(?) sequence
Opening: [Text] The Importance of Asset Allocation
Beginning: [Brief video of each character that pauses and text is over the paused image]
Text (C1):
Name: John O’Fallen
Age: 34
Occupation: Garbage man
Risk Tolerance: low
Text (C2):
Name: Demetrius
Age: 27
Occupation: Circuit board Technician
Risk Tolerance: High Occasional
Text (C3):
Name: Arya Smith
Age: 29
Occupation: Animator
Risk Tolerance: Medium
Middle:
Arya: Invested $6,000 at age 18 into stocks paying 6% (compound annual)
John: Invested $6,000 at age 18 into savings account paying .01% (compound annual)
?? (we might not need this character) Dimitrius: Invested $6,000 at age 30 into stocks paying 6% (compound annual)
End:
How much will they have when they are 50?
Arya:
P(1 + r/n)^nt
6,000 (1 + .06/1)^1*32
6,000 (1.06)^32
6,000 * 6.453
$ 38,720.32
Arya turned $ 6,000 into $ 38,720.32 --- Talk about Risk
John:
P(1 + r/n)^nt
6,000 (1 + .0001/1)^1*32
6,000 (1.0001)^32
6,000 * 1.003
$ 6019.23
John turned $ 6,000 into $ 6019.23
Dimitrius:
P(1 + r/n)^nt
6,000 (1 + .06/1)^1*20
6,000 (1.06)^20
6,000 * 3.21
$ 19,242.81
Dimitrius turned $ 6,000 into $ 19,242.81 --- Invest Early
Conclusion:
Lessons:
- Invest Early (Dimitrius)
- Take risk into account (Arya)
- Understand investments vs. savings (John)
Beginning: point of video described and introduction to our characters (two of them. good example+bad example)
Middle: What they are doing now in terms of asset allocation and managing finances (story about their day and what they are doing)
End: projection into their future
Conclusion: trendy ending(?) sequence
Opening: [Text] The Importance of Asset Allocation
Beginning: [Brief video of each character that pauses and text is over the paused image]
Text (C1):
Name: John O’Fallen
Age: 34
Occupation: Garbage man
Risk Tolerance: low
Text (C2):
Name: Demetrius
Age: 27
Occupation: Circuit board Technician
Risk Tolerance: High Occasional
Text (C3):
Name: Arya Smith
Age: 29
Occupation: Animator
Risk Tolerance: Medium
Middle:
Arya: Invested $6,000 at age 18 into stocks paying 6% (compound annual)
John: Invested $6,000 at age 18 into savings account paying .01% (compound annual)
?? (we might not need this character) Dimitrius: Invested $6,000 at age 30 into stocks paying 6% (compound annual)
End:
How much will they have when they are 50?
Arya:
P(1 + r/n)^nt
6,000 (1 + .06/1)^1*32
6,000 (1.06)^32
6,000 * 6.453
$ 38,720.32
Arya turned $ 6,000 into $ 38,720.32 --- Talk about Risk
John:
P(1 + r/n)^nt
6,000 (1 + .0001/1)^1*32
6,000 (1.0001)^32
6,000 * 1.003
$ 6019.23
John turned $ 6,000 into $ 6019.23
Dimitrius:
P(1 + r/n)^nt
6,000 (1 + .06/1)^1*20
6,000 (1.06)^20
6,000 * 3.21
$ 19,242.81
Dimitrius turned $ 6,000 into $ 19,242.81 --- Invest Early
Conclusion:
Lessons:
- Invest Early (Dimitrius)
- Take risk into account (Arya)
- Understand investments vs. savings (John)