Wealthy Barber Essays - Mutual Fund, Mutualism, Stock Market

Wealthy Barber Money is easy to make as long as you have a job, however what do you do when you have the money is another question. This is a question I have asked myself ever since I got my first part time job. Many people don't realize that your money can make you more money, through proper investment. Through this strategy you can not only live comfortably now, but you can live a wealthy retirement and enjoy your later years. One of tips which caught my eye the most was the chapter, entitled, Ten Percent Solution. This chapter seemed to make sense to me as I am on a limited budget with a minimum wage job. I am one of the fortunate students how somehow can balance school with a part time job. I do this because it allows me some freedoms while at school, such as eating well, socializing and trips to visit friends. I also seem to have a bit of money left over which I leave sitting in my low interest bank account. It is this money I am hoping to save for when I am done school and to begin my OSAP payments. Until reading the book, The Wealthy Barber, I never really had an idea of what to do with my money. Since I am also one of those students who is lucky enough to have a loan through OSAP, I figured I'd better start saving or making money as it is stated. I am currently saving money in a GIC account at a bank which has a mediocre interest rate of approximately 4%. However, if I invest in something such as a mutual fund for long term growth I will get a better interest rate and end up making more money without doing anything. The nice thing about both the GIC and the mutual fund is that they use the compound interest which allows your money to grow at a very rapid rate, as you will slowly start making money on the previous interest deposits as well as your own deposits which you make. However to gain significant interest growth you must have something at a reasonable interest rate. This book has really inspired me to do the research and start doing this. The whole idea of this novel is to save money now and you will live better in the future, such as when we retire. This is a great idea for all people, especially students as we will see better results as we are still young and can use compound interest to our benefit. Many students at all ages don't do this, in fact haven't even thought about doing this. It does sound unreasonable and a little out of our league at present times. Especially since we are paying tuition, books and the dreaded OSAP. However, if you think about it maybe it's not such a bad idea. Ten percent of most students part time job pay check is only about $30 - $40 a month or $360 or more a year. If a good interest rate of about 15% is found through a mutual fund and this is saved for 40 years or so, there is a really good chance that we will be millionaires when we take it out after 40 years. We may even have more that a million dollars after that because being students at a university we should all receive fairly well paying jobs. The more we make the more we will be investing, as the ten percent of our pay check will get bigger. So as we slowly get older our payments towards our future will get a little bigger and then the compound interest will grow on that. One of the biggest tips I found about this whole investment advice was the fact that you should shop around. There are many possibilities out there other than mutual funds. At my age real estate doesn't sound like a good choice, but it shouldn't be ruled out. In my case it would almost be a good idea as I am already married and am looking for a house. Since paying rent and paying a mortgage would almost be the

Writing Nonfiction for Children

Writing Nonfiction for Children If you can write engaging, informative and fun features for younger readers aged 9 to 12, then children’s nonfiction could be your market. Over several years, I wrote many pieces for publications including Hoezit!, MiniMag and others. Here’s what I learned†¦ Market Guides for Nonfiction Resources for finding places to publish include the Children’s Writers Illustrators Market (published annually) and their website listings, the Society of Childrens Book Writers and Illustrators, Educational Markets for Children’s Writers Pitches that Work Many pitches are seasonal: Things to do for the holidays, movies to watch in winter. Other times, articles discuss fascinating facts related to school subjects like math, science and

United States v. Martha Stewart Case Study Example | Topics and Well Written Essays - 1000 words

United States v. Martha Stewart - Case Study Example Prior to and in course of the case proceedings, Martha Stewart was the chairperson of the board of directors and chief executive officer of Martha Stewart Living Omnimedia. Peter Bacanovic on the other hand was licensed by NASD to sell securities as a securities broker with the title "Financial Advisor" at Merrill Lynch & Co, Inc. ImClone systems is a biotechnology company in the US whose then-chief executive officer, Samuel Waksal, was Stewart's friend and a client of Stewart's stockbroker, defendant Peter Bacanovic. Subject to the cases on December 25, 2001, ImClone and Martha Stewart learned of the food and drug administration rejection of ImClone application for approval of Erbitux and announced the rejection of the application on December 28, 2001 after ImClone Chairperson December 27, 2001, sale of 3,928 shares of stock (FindLaw, 2012). This move and announcement prompted the Securities and Exchange Commission and the United States Attorney's Office for the Southern District of New York to start investigations into trading treads of ImClone especially the sale of the stock before the announcement of application rejection on Erbitux to the public. The investigations led to the indictment of Martha Stewart and Peter Bacanovic.

Introduction to Law and Contracts Essay Example | Topics and Well Written Essays - 750 words

Introduction to Law and Contracts - Essay Example An agreement that is binding to one party and at the option of the other party is a voidable contract. For a contract to be valid, the objective must be legal. An objective can be unlawful if the law forbids it, it is fraudulent, and the court considers it to be immoral or against public policy. Agreements opposed to public policy can be banned by law to protect the public interests (Walston-Dunham, 2009). Acts that are contrary to public policy are void. Some of the acts considered to be against public policy include transacting with an enemy country and interfering with the administration of justice. The law of the contract is based on the doctrine of equity and substance of common law. Among its main elements are offer, acceptance, lawful consideration, capacity to contract, intention to create a legal relationship, capacity to contract, legal formalities, lawful objects possibility of performance, and, not expressly, the declared void. In this scenario, Chappelle is the defendant while on the other hand; Mustafa, who is his former manager, is the plaintiff. Chappell who is an actor and a comedian is sued for breach of contract. Chappelle and Mustafa entered into a management agreement on September 2005. Moreover, the two parties did not reduce their contract in writings, and for this, it is an oral agreement. By this, the defendant can deny the allegations charged against him because there is no evidence of the agreement passed. Mustafa is now suing Chappelle for stiffing him over $864,500, and is therefore, seeking monetary compensation. On the other hand, Chappelle claims that Mustafa’s incompetency made him lose millions of dollar (Abramovitch, 2005). In this case, the presence of witnesses may be assistive in proving the legality of the contract. However, every contract has its terms and condition, and if one party breaches this, then they should face the consequences. In Chappelle’s case, terminating Mustafa’s

Chi-Globalization Term Paper Example | Topics and Well Written Essays - 2000 words

Chi-Globalization - Term Paper Example Chi globalization encompasses the creation of a society with various specific features such as pragmatism, inter-culturalism and multiculturalism. This concept is basically a demonstration of a process that involves china’s engagement in the diverse aspects of civilization and development of globalization. Concerns revolve around the creation of globally enlightened world with the aim of facilitating and enhancing the lives of people from the point of view of a Eurocentric model. Chi globalization can be viewed as being both intercultural and bicultural. From the bicultural viewpoint it basically has its foundation on the emergence of the Chinese model that followed from china’s fusion with western and eastern cultures (Killion, 2006, p.45). The fusion of the different cultures has its origin from the opium war which took place in the 1850’s. In this case chi globalization occupies quite an integral part in the history as well as the current state of china in rel ation civilization and development (Alon, Ilan and John 2008, p.37). A study of what drove forth towards the existence of Chi globalization indicates that Anglobalization is a major factor. On the other hand Chi globalization being understood as being something that is intercultural two processes are involved. The first process presents that it is an opportunity created for china to open and embrace other cultures form other people. The second process demonstrates that chi globalization is involves the identification and incorporation of other cultures into the Chinese culture for instance the African culture, Latin American culture among others. An in-depth analysis of chi globalization presents some unique factors that have played quite a major role in its development. The globalization of America forms an important in this discussion. This is due to the fact it is the fundamental basis in which chi globalization grew out of. In connection to this the United States has acted as a model for china from the economic, cultural and social perspectives. Most aspects of civilization and development in china have simply been a reflection of what is happening in the United States (Veeck, Pannell, Smith and Huang 2007, p.60) For years America has been a major consumer of china made goods providing a reliable market even when the state is hit by a financial crisis such as the Wall Street crisis. On the same not America has had interest and created ties with china through engagement in foreign direct investment. Most of the ideas and strategies that have been used to drive china’s development have sourced from the United States thus making America a major source inspiration for the state of china. Up to this point on the higher side the American dream is in a way the dream for china. Therefore china has some fundamental values similar to those understood to facilitate the development of globalization in the United States. Such values include the free flow of both ideas and information and free flow of capital and goods. Despite Chi globalization borrowing a lot from Ameriglobalization and Anglobalization there are some unique values that make it differ in a way. This is due to the fact that it highly relates more to the culture in china. Increased identification with the world of Ameriglobalization and Anglobalization makes the way of life for the Chinese people a global model aimed at fostering development that fits the

Strength of the electromagnet

Strength of the electromagnet Aim: To investigate how different factors affect the strength of the electromagnet. Introduction: There are totally two factors that I am going to investigate in this experiment: m F1: How the number of coils affects the strength of the electromagnet. m F2: How a change in current affects the strength of an electromagnet. Hypothesis: m F1: I think as the number of coils increase the strength of the electromagnet would also increase. m F2: I think as the current increases the strength of the electromagnet would also increase. Variables: m F1: * Independent: Number of coils. * Dependent: Distance at which compass needle deflects.(+/-0.05 cm) Â · Constants: Current, diameter of the wire, temperature, same iron core. m F2: * Independent: Current (+/-0.01amps) Â · Dependent: Distance at which compass needle deflects.(+/-0.05 cm) Â · Constants: Number of coils, diameter of the wire, temperature, same iron core. Apparatus: * Power Supply * Ammeter (Â ±0.01amps) * Electromagnets with different number of coils * Plastic Ruler (Â ±0.05cm) * Plotting Compass * Crocodile clip wires * Rheostat Procedure: Â · Using crocodile clips connect the circuit in the following way: Â · F1: Â § Take an iron nail and with the help of a nichrome wire, coil it around the nail 5 times. Â § Switch the circuit on and wait for a minute. Â § Note down the constant current. Â § Take the plotting compass and steadily place it close to the electromagnet and slide it away in a straight line till the needle deflects slightly to one side from its vertically straight position. Â § Place a ruler from the north pole of the electromagnet and note the distance where this deflection occurs. This where the magnetic field lines would approximately end, and hence more the distance more the field lines and greater the strength. Â § Repeat the steps above but with 10, 15, 20, 25, 30 and 35 coils. Â § For the same number of coils measure the distance of deflection 2 times for a second trial. Â · F2: Â § Using the same circuit now adjust the variable resistor so that u have a current of 0.5amps flowing through the circuit. Â § Make the constant number of coils to be 10 coils. Â § Take the plotting compass and steadily place it close to the electromagnet and slide it away in a straight line till the needle deflects slightly to one side from its vertically straight position. Â § Place a ruler from the north pole of the electromagnet and note the distance where this deflection occurs. This where the magnetic field lines would approximately end, and hence more the distance more the field lines and greater the strength. Â § Repeat the steps above but with 1.0, 1.5, 2.0, 2.5, 3.0, 3.5, 4.0, 4.5, 5.0 and 5.5 amps. Â § For the same current record the distance two times for a second trial. Raw Data Table F1: Effect of the number of coils on the strength of the electromagnet. Number of Coils of electromagnet Distance of deflection from North Pole of the magnet(+/-0.01cm) Trial 1 Trial 2 5 1.7 1.9 10 4.9 5.1 15 7.6 7.5 20 9.5 9.5 25 12.3 12.1 30 14.8 15 35 16.9 17.2 Constant Current 0.75 A F2: How changing current affects the distance at which the needle deflects. Current (+/-0.01A) Distance from North Pole of the magnet(+/-0.05cm) Trial 1 Trial 2 0.5 1.3 1.2 1.0 2.9 3.0 1.5 4.6 4.6 2.0 6.2 6.3 2.5 7.9 8.0 3.0 9.3 9.5 3.5 10.7 10.8 4.0 11.6 11.8 4.5 12.1 12.3 5.0 12.6 12.9 5.5 12.8 12.8 Constant No. of Coils 10 Processed Data Table: The only processing that can be done in this experiment is to find the average distance for the investigations for both the trials and hence making it easier to make the graph. F1: Effect of the number of coils on the strength of the electromagnet. Number of Coils of electromagnet Average Distance of deflection from North Pole of the magnet(+/-0.05cm) 5 1.8 10 5 15 7.55 20 9.5 25 12.2 30 14.9 35 17.05 Constant Current 0.75 A F2: How changing current affects the distance at which the needle deflects. Current (+/-0.01A) Average Distance from North Pole of the magnet (+/-0.05cm) 0.5 1.25 1.0 2.95 1.5 4.60 2.0 6.25 2.5 7.95 3.0 9.40 3.5 10.75 4.0 11.70 4.5 12.20 5.0 12.75 5.5 12.80 Constant number of coils 10 Now I will plot the graphs of both these averages. Graph Analysis: (Graph at the End) F1: As you can see the graph is proportionate. As the number of coils increases the strength of the electromagnet also increases. There is a positive co-relation and this can be proved by theory as well. As the number of coils increase, the magnetic field of each coil also increases and hence a larger magnetic field would cause the electromagnet to be stronger. There is only one anomaly in our results at 20 coils and this can be neglected as it is a very minor anomaly. F2: In this graph also we notice that there is a positive co-relationship and hence the current is proportionate to the strength of the magnet. As current in a circuit increases the strength of the magnet would also increase as the coil is provided with more charge and hence the field lines would be spread over a larger area and the strength would be larger. But in this graph after 4.0 amps the graph is no longer proportionate. This can be due to the large amount of heat generated in the wires causing more resistance and the value of current would have changed and hence the curve in the graph. Conclusion: Our hypothesis for both the factors was proven right by our graphs. Strength of an electromagnet is proportionate to the current and the number of coils in the solenoid. As the number of coils increase the area of the magnetic field lines also increases hence a stronger electromagnet is produced. It is the same for an increase in current. But after a certain current it becomes tough to maintain other constant factors like temperature which might cause inaccurate results. Evaluation: Â · We could have taken more trials to get better results. Â · We could have used an insulated wire so that the wire wont heat up so fast and it wouldnt have changed our results. Â · The current wasnt always exact. It kept fluctuating hence it may have given inaccurate readings. Â · The exact distance where the needle turned would be very tough to find out as it turns over a range of distance hence that may have given inaccurate results. Fair Test: * The distance between the coils was kept the same in all the trials. * For the first experiment we kept the current constant so that we can fairly compare the results. * For the second experiment we kept the number of coils the same so that we can fairly compare the results. * And for both the experiments we kept the same material of the core and the wire. Safe Test: Â · As it was dealing with electricity we made sure we did not touch any open ends to prevent ourselves from getting a shock. Â · Also we did not touch the wire right after the experiment was over as it may have been quite hot.

Essay examples --

Name: Deniz CALIK Section: PLSC 382R-01 Professor: Gregory Robinson Date: 12/16/13 How National Socialist Ideology Affected the World? When Germany was defeated in World War I, German emperor Wilhelm II left the throne and the new republic was founded which is called Weimar Republic. Germany passed from monarchy to republic however the problems were not vanished. That is when the National Socialism first appeared. There was unemployment, poverty and inflation and the national socialists claimed that the democratic institutions, communists and incapable politicians were to blame. These national socialists established a political party called Nationalsozialistische Deutsche Arbeiterpartei (National Socialist German Workers' Party). Their leader was Adolf Hitler. They were anti-capitalist, anti-Marxist, ethnic nationalist, extremely rightist, racist. In politics they were extremely nationalist and in economics they were socialists. The members of the party wore soldier uniforms and behaved as if they were soldiers. By placing their socialist ideology forefront, they became the most and the only power in Germany officia lly. As the time flew, they caused one of the most bloody and brutal wars in history. The Great Depression had also affected Germany. The existing problems came to foreground more than ever. Hitler was seen as a solution for the existing problems according to the general opinion. Thus, the president Paul von Hindenburg assigned Adolf Hitler as the prime minister in 1933. A few months later, in 5 March 1933 the National Socialist German Workers Party polled the 43.9 % of the votes and guaranteed its position as the only party in power. National Socialist principals and its ideas supp... ...Germany but affected whole world, changed political and social structure. In Germany, it created hostility towards Jews and other people who are non-Aryan. Nazi party members killed a lot of people in order to create an Aryan race. They have made various experiments on them, forced them to work until they die, made them live in inhuman conditions and exposed them to numerous other kinds of tortures. National Socialists were deeply committed to the ideology that they could murdered numerous of innocent people without a second thought and accepted the thoughts and orders of their leader blindfold. If National Socialist ideology`s consequence were not that serious, human rights issue would not gain so much importance globally. World War II can be the best and obvious example of how an ideology can conquer mass amounts of people’s minds and reshape the world deeply. Essay examples -- Name: Deniz CALIK Section: PLSC 382R-01 Professor: Gregory Robinson Date: 12/16/13 How National Socialist Ideology Affected the World? When Germany was defeated in World War I, German emperor Wilhelm II left the throne and the new republic was founded which is called Weimar Republic. Germany passed from monarchy to republic however the problems were not vanished. That is when the National Socialism first appeared. There was unemployment, poverty and inflation and the national socialists claimed that the democratic institutions, communists and incapable politicians were to blame. These national socialists established a political party called Nationalsozialistische Deutsche Arbeiterpartei (National Socialist German Workers' Party). Their leader was Adolf Hitler. They were anti-capitalist, anti-Marxist, ethnic nationalist, extremely rightist, racist. In politics they were extremely nationalist and in economics they were socialists. The members of the party wore soldier uniforms and behaved as if they were soldiers. By placing their socialist ideology forefront, they became the most and the only power in Germany officia lly. As the time flew, they caused one of the most bloody and brutal wars in history. The Great Depression had also affected Germany. The existing problems came to foreground more than ever. Hitler was seen as a solution for the existing problems according to the general opinion. Thus, the president Paul von Hindenburg assigned Adolf Hitler as the prime minister in 1933. A few months later, in 5 March 1933 the National Socialist German Workers Party polled the 43.9 % of the votes and guaranteed its position as the only party in power. National Socialist principals and its ideas supp... ...Germany but affected whole world, changed political and social structure. In Germany, it created hostility towards Jews and other people who are non-Aryan. Nazi party members killed a lot of people in order to create an Aryan race. They have made various experiments on them, forced them to work until they die, made them live in inhuman conditions and exposed them to numerous other kinds of tortures. National Socialists were deeply committed to the ideology that they could murdered numerous of innocent people without a second thought and accepted the thoughts and orders of their leader blindfold. If National Socialist ideology`s consequence were not that serious, human rights issue would not gain so much importance globally. World War II can be the best and obvious example of how an ideology can conquer mass amounts of people’s minds and reshape the world deeply.