<aside> ✅ Want to see how much you've learned so far? Try our Quizlet!

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Personal Finance Learning Guide

<<< Section 6B: Money Flywheel

<aside> 🗒️ In this section: Ready to begin investing? In this section, we'll discuss how to begin investing and types of investments you can make.

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<aside> <img src="https://s3-us-west-2.amazonaws.com/secure.notion-static.com/c648fdf9-c44e-4377-8fd8-d8294f486b42/yawn.png" alt="https://s3-us-west-2.amazonaws.com/secure.notion-static.com/c648fdf9-c44e-4377-8fd8-d8294f486b42/yawn.png" width="40px" /> TLDR: Investments are made by buying assets, a fancy term for something that has value. Appreciating assets are assets that are expected to grow in value over time, whereas depreciating assets are ones that are expected to lessen in value over time.

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https://s3-us-west-2.amazonaws.com/secure.notion-static.com/7d2e4166-32eb-4b77-a4ef-e7558ff259f5/OneThingConsistently.mov

Stocks 📈

<aside> <img src="https://s3-us-west-2.amazonaws.com/secure.notion-static.com/bca54c36-e60d-41a8-bbdf-2620d48699c7/Favicon-simplify.png" alt="https://s3-us-west-2.amazonaws.com/secure.notion-static.com/bca54c36-e60d-41a8-bbdf-2620d48699c7/Favicon-simplify.png" width="40px" /> Stocks are typically appreciating assets and are an important part of building wealth.

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To learn more basics about stock investing, check out CashApp's cool intro to stocks.

We'll cover how to select which stocks to buy in Section 11 and tips and tricks in Section 12.

Collectibles 💎

Collectibles (e.g. trading cards, art, sneakers, jewelry, etc) can be appreciating assets due to supply and demand: if there's a limited supply, the price will go up if demand goes up.

Real Estate 🏠

Buying real estate is a common asset for people to own because they can use it to live in. Real estate can also be used as an investment asset to buy and rent out to others. Real estate is typically an appreciating asset. To understand how real estate is bought, check out Section 11.

Coming soon: we'll have a section on newer forms of investing you can make, such as RallyRoad.

Crypto

Check out our new section on Crypto to learn more.

Depreciating Assets 📉

You can also buy assets that typically lose value over time such as cars, clothes, electronics, furniture, etc. While these items allow you to live your best life 🎉, they don't grow your wealth.