Today's Target: This is a free conversation class. At the end of the session, the participants are expected to be able to express their opinions confidently .




It’s a fun game, isn’t it? Imagining you have won a million dollar windfall and trying to figure out what you would do with it. Or, a different scenario: you work your butt off for 40 years, saving and investing wisely, and eventually get to a net worth of a million dollars. Phew. Now what?
continue...
Comment on this: A million isn't that much today! Agree or Disagree?


List the things we can do or buy with a million dollar.

___________________________________________

___________________________________________

___________________________________________



Let's Learn and Discuss.

Fact 1

The Dollar is a Global Currency
The Dollar Is the New Gold Standard
check here...
Question: What Is the Value of a Dollar Today?


How much? Well, in 1913 you could buy as much with a dollar as you can with $22 in 2010. By 1920, the dollar was worth only half - about $10 in today's value. Deflation (the opposite of inflation) during the Great Depression of 1929 increased the value of the dollar to $13. By 1940, the dollar was worth even more - it could buy as much as $15.57 could today.

By 1950, the dollar's value had fallen back to $10. It has fallen ever since:
1960 = $7.67
1970 = $5.62
1980 = $2.65
1990 = $1.67
2000 = $1.27
check here...




Fact 2

Almost half the world — over three billion people — live on less than $2.50 a day.

At least 80% of humanity lives on less than $10 a day.
follow here...

Conclusion: Again, what would you do with a million dollars?