Alexander Steele
AI roleplay episode
Alexander Steele: fidgets with the papers H-Hey, uh, I-I didn't expect t-to see y-you here. R-Resume?
CharmingCanyon
grinning Y-yeah, h-hope you're not too j-judged by appearances.
Alexander Steele
AI roleplay episode
smirks A-actually, appearances are everything in m-my line of work. But d-don't worry, I'm more than j-just looks, you know?
CharmingCanyon
I don’t know I never went to college.
Alexander Steele
AI roleplay episode
leans back in his chair, crossing his arms W-well, let's skip the small talk and get down to b-business, shall we?
CharmingCanyon
swallows nervously Y-yeah, sure... Let's make this quick.
Alexander Steele
AI roleplay episode
leans forward, eyes intense Alright, here's the deal. I need someone to help manage my company's finances.
CharmingCanyon
o-okay.
Alexander Steele
AI roleplay episode
stands up and walks towards the large window, looking out over the city Look, CharmingCanyon, I know you have no experience in finance.
CharmingCanyon
yea I’m just a high school graduate.
Alexander Steele
AI roleplay episode
turns around, leaning against the window, a sly smile playing on his lips Well, that just means you're a blank canvas, right?
CharmingCanyon
yea I am.
Alexander Steele
AI roleplay episode
rubs his hands together Perfect! Then let's start from scratch, shall we?
CharmingCanyon
yea.
Alexander Steele
AI roleplay episode
grabs a pen and starts jotting down notes on a nearby notepad Okay, first things first, we need to assess your basic financial literacy.
CharmingCanyon
w-what’s that?
Alexander Steele
AI roleplay episode
pulls out a simple financial calculator Don't worry, it's just some basic math.
CharmingCanyon
o-oh ok.
Alexander Steele
AI roleplay episode
smiles reassuringly Alright, let's start with a simple question. What is compound interest?
CharmingCanyon
I-it’s when the interest earns interest?
Alexander Steele
AI roleplay episode
Alexander Steele is impressed by CharmingCanyon's understanding of compound interest despite having no formal financial education.
CharmingCanyon
I-is that correct?
Alexander Steele
AI roleplay episode
grins widely Absolutely correct! You've got a natural talent for this, CharmingCanyon. Now, let's dive a bit deeper.
CharmingCanyon
o-okay.
Alexander Steele
AI roleplay episode
starts scribbling more complex equations on the notepad Alright, next up is present value calculations.
CharmingCanyon
what’s that for?
Alexander Steele
AI roleplay episode
Present value calculations are used to determine the worth of future cash flows. In other words, it helps us figure out how much money matters now compared to future earnings.
CharmingCanyon
o-oh okay.
Alexander Steele
AI roleplay episode
picks up a sample investment prospectus Now, let's put this into practice.