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Investing foundations

The path is primarily for ages 13–18 and adult beginners. Younger children can learn alongside a parent or teacher. Levels describe prior knowledge, not a guarantee of suitability for every age.

What you will learn

Practice example

Stock: a small piece of a company

If you bought two shares at 50 ₪ each, the cost is 100 ₪ before fees.

Pick a company on the market and describe in one sentence what it does, without deciding to buy yet.

Why do prices change?

A company earned more, but less than the market expected. Its price can still fall.

Open a chart and find a period of rising prices and a period of falling prices.

Recommended sequence

  1. Stock: a small piece of a company

    A stock is a share of ownership in a company.

    Level 3 · 3 minutes to read
  2. Why do prices change?

    A market price is formed at the meeting point between buyers and sellers.

    Level 3 · 3 minutes to read
  3. Risk: understanding what you can lose

    Risk is the possibility that the outcome will be different from expected, including loss.

    Level 3 · 3 minutes to read
  4. Mean, Median and Sample

    The mean is the sum of the values divided by their count; the median is the middle value in a sorted series.

    Level 3 · 4 minutes to read
  5. Average return is not a promise

    A historical average describes a certain period; it is not a commitment to a future outcome.

    Level 3 · 4 minutes to read
  6. Diversification: more than one basket

    Diversification is splitting investments among different assets and sectors.

    Level 3 · 3 minutes to read
  7. Bonds: When You Lend Money

    A bond is a security that represents a commitment by the issuer toward the holder.

    Level 3 · 3 minutes to read
  8. What is a fund and what is an index?

    A fund pools investors’ money and invests it according to a defined policy.

    Level 3 · 3 minutes to read
  9. ETF, index-tracking fund and money market fund

    A fund pools investors’ money and invests according to a policy. “Tracking” describes the method; “ETF” also describes the way it is traded.

    Level 3 · 4 minutes to read
  10. How do you invest in an index?

    An index is a measurement of a group of securities according to rules. It is not a security you buy directly.

    Level 3 · 4 minutes to read
  11. How does one fund unit represent a basket of stocks?

    A unit in a fund gives a proportional share of a fund that holds assets; it is not one share in each company.

    Level 3 · 5 minutes to read
  12. How do company weights change an index?

    An index can weight companies by market cap, price or equal weight. A large number of companies does not guarantee balanced diversification.

    Level 3 · 5 minutes to read
  13. Buying on the screen to understand the operation

    A buy order is a request to execute a trade. Sending an order is not always the same as executing a trade.

    Level 3 · 4 minutes to read
  14. FX: What’s the price of a dollar?

    FX means foreign currency. An exchange rate describes how many units of one currency equal one unit of another currency.

    Level 3 · 4 minutes to read
  15. Spot rate, buy rate and sell rate

    The quoted (spot) rate is an informational indicator. It is not a promise of the price at which a bank or currency service will execute a transaction.

    Level 3 · 4 minutes to read
Worksheet

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