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Thu, Mar 24

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Detroit

Financial Management Workshop

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Financial Management  Workshop
Financial Management  Workshop

Time & Location

Mar 24, 2022, 7:00 PM – 10:00 PM

Detroit, 715 E Milwaukee Ave, Detroit, MI 48202, USA

Guests

About the Event

Workshop held by: 

Eric Miller 

Adventureman

Investor 

Specialty: Crypto and alternative investment vehicles 

Jeff Deehan

Adventureman 

Investor 

Specialty: Real Estate (deployed over $100mm) 

Basic Concepts:

Compound Interest: "One of the most powerful forces in the world"

Simple - Hey, this is good!

Compound - Wow, this is better!

Inflation: The benefits of cash, the problems with cash

Holes in the bucket

Appreciation vs. Depreciation: When baseball cards are better than a car.

Some things you buy go down in value, some go up.

Assets make you money.

Liabilities cost you money.

Good Debt vs Bad Debt

You giving away extra money to credit card companies to buy things that go down in value.

You giving money to banks and credit unions as reasonable amount of money to buy things that make you more money.

Budgeting - A budget is the bones of your money's muscle. They give them structure and leverage.

Savings - 

Parents vs. Modern Day

Investments - 

Parents vs Modern Day

  • Stocks
  • Bonds
  • Real Estate
  • CDs and Money Market Funds
  • Mutual Funds
  • ETFs/Index Funds
  • Crypto
  • Speculation
  • Passive Income
  • Investment

Workshop will be free and everyone will be required to bring $20-$100 to invest on the spot

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