Once you complete the Fundamentals of Financial Literacy curriculum within Morgan Franklin Foundation (MFF), you may continue your participation as an MFF Fellow by collecting Earn While You Learn points, which allows you to build your financial knowledge and business skills while earning your way toward participating in the stock market with real money.
Fundamentals of Investing, MFF’s Level 02 curriculum, opens Fellows to the world of investing. In this two-year program, you will learn key terms and tasks for investing in the stock market. More importantly, you’ll gain life skills that will allow you to become a wise investor. You will learn the basics and get the feel of investing.
You will learn the financial vernacular so you begin to understand concepts such as:
- Passive income
- Introduction to Roth IRA
- Deeper dive into types of investments
- Buying versus selling
- S&P and 500 Indexes
- How to evaluate stocks, companies and investments
- Investment strategies
In year two, you will learn even more:
- Beyond Roth IRAs
- Deeper dive into evaluating investments
- Capital markets and implication on your portfolio
- Industry breakdown
Risk-what does that mean?
Your tolerance for risk will be tested as you begin to look at various options and determine where to invest real money. You will learn how to look at companies and tactics for analyzing their factors for risk versus return. This will help you decide where to place your initial investment.
Fellows utilize the expertise from advisors and mentors in the business community to begin initial investments, and then learn when and how to measure your success — or misfortune.
“Throughout my career, I’ve given a lot of financial advice to a variety of young people starting their lives, offering direction and different options for investments. It’s exciting to have this opportunity, especially because it’s something that is largely missing from our society. It’s great to be part of something that will bring financial literacy back to the youth,” said Marc Lussier, an MFF Mentor and strategic investor.
Level 02 Prerequisites
To participate in Level 02 of the MFF programs, you must first:
- Successfully complete Fundamentals of Financial Literacy
- Gain Earn While You Learn Points
- Go through the application process
Earn While You Learn points can be gained by tasks such as:
- Writing blog posts for the MFF website
- Taking an MFF Micro Learning Course (MLO)
- Creating content for an MLO
- Meeting with a mentor
- Participating in many different ways based on your abilities and interests
Skin in the Game
“Stock market simulations online are good to learn the basics, but it’s cool to have the ability to make decisions that do matter when investing in the real stock market. To have my own skin in the game and to see money grow was intriguing to me as a kid.
I definitely learned don’t just go with companies you know. Don’t be afraid of doing a little research. Just because you don’t know the name of the company does not mean it’s not a good investment. A lot of people go for classics like Apple and Google. They’re great; don’t get me wrong. But you can delve a little deeper and find a hidden gem.”
Trent R., a Morgan Franklin Fellowship Pioneer, is a junior in college with a double major in finance and economics.