Saving+and+Investing

On this page you will find a video clips produced by the investment consultant [|Michael Fischer]. A new video clip will be uploaded here on a regular basis for you to watch and comment on.

In this first episode Michael Fischer gives us some background information concerning his career and his motives for writing his book [|Saving and Investing], which this series of videocasts is designed to promote.
 * Episode one**

__Before watching__ Read through the following questions: __As you watch__ Now watch the video clip and and make a note of your answers to the questions above. Don't forget to note down any new or useful vocabulary you hear.
 * What was it that amazed Michael Fischer and provided him with the motivation to write his book?
 * Why does he consider the subject he talks about "the basis of our western civilization"? Do you agree?

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__After watching__ Michael Fischer says that many people don't know the difference between a stock and a bond. Can you explain the difference? He also says that most people don't know what mutual or index funds are? Do you? Can you explain what they are? Add you answers to these questions in a comment using the discussion tab and also add any useful links you may know or find for these topics.

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