High Finance Comes to Dunbar.
Teens learn money management to break
the cycle within their low-income neighborhoods.
“I can buy some Nike shoes, or I can use that money to own a part of
Nike.” That was one of the lessons a participant in Quality Life Center’s teen
program took away from a guest speaker, Edward Jones Financial Advisor,
Napoleon Robinson.
Napoleon is from the Dunbar
community.
Robinson was raised by his
aunt who worked as a janitor for the Lee County School District. As a child, he
attended programs at Quality Life Center from the time he was seven through his
teenage years.
After earning his bachelor’s
and master’s degrees in business administration from Florida A & M
University, he landed a job in St. Louis, Missouri, at Edward Jones
Investments.
His desire to serve his
hometown stemmed from knowledge of fear that people in his community were
fearful of investing. “Planning for retirement needs to be more than just
having a savings account. I can communicate that in a way that resonates with
people in my community.”
The 22-year old decided to
push for an office in Southwest Florida.
His efforts paid off when he
opened his Edward Jones Investments branch in Lehigh Acres last year. “I want
people to know there is someone here to help them achieve their long-term
financial goals,” said Robinson.
“It can seem scary when all
you hear is the talking heads on television.” Robinson wants to provide better
understanding of the stock market and how we can use it. “My services are for
anyone who is serious about reaching their financial goals – not just the Top
10%.”
Money management and
long-term planning topped the list of topics on Robinson’s agenda, as he spoke
with the Leaders In Training of Excellence Teen Program. The lecture then turned into practice. Using
“The Stock Market Game” on howthemarketworks.com, he challenged them to put
their newly-obtained knowledge to the test by making some investing decisions.
Robinson will return to Quality
Life Center in a month to see which teen made the best investment decisions.
“I learned that it is important to diversify,” said Carisma Bryant, a 14-year-old Q Dancer
shared. “Don’t put all your money in the
same company. You have to be creative…even with your stocks! ”. The teens are
anticipating Napoleon’s return, as the student who creates the best portfolio
while using “The Stock Market Game” will receive a plaque from Edward Jones
Investments.
Quality Life Center is proud
of Napoleon and all of its former Q students who are positively impacting their
communities, and the organization looks forward to highlighting their
contributions at our 25th Anniversary Gala in November 2015.
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