Reference:
Isidore, C. (October 4, 2007). Job: Brace for more weakness. CNN.com. Retrieved on October, 2007, from http://money.cnn.com/2007/10/04/news/economy/jobs_outlook/index.htm?postversion=2007100415.
Summary:
In the article "Jobs: Brace for more weakness," by C. Isidore, the author tells us the reason that a lot of people lost their jobs and the first interst rate was cut. This problem lets the country's people lose their job, and the unemployment rate is expected to climb to 4.7% from 4.6%. So this data tells us more and more and people are losing their money. This reason lets customers have no money to go shopping or have holiday. So the author wants the government to use more ways to help them and fix problem.
Reaction:
Job is an important way people receive money. they go to work and get money to support their family. So job is very important for everyone and is nearly like their life. The USA is a developed country in the world; the economy is the best in the world. But because of 9/11, the country has a rate of unemployment, and a lot of people have become laid-off workers and do not have enough money to support their family.
The newspaper said, that a lot of people had lost their jobs because of this. So in a lot of states in the USA, people try to find job, and the rate of employment is very high. So now the government is using a lot of way to save this, but I think this will be very difficult. China is a faster developing country in the world, but in 1998, China had the same problem. A lot of people lost their jobs in the Northeast of China; at that time government used a lot of ways to try to save it, but it was not good, a lot of people still loset their jobs. For nearly two years the government was been fixing this problem.
Now if more people lose their job, they not only will have not enough money, but also some professions will have some problem. If more people lose their job, they will cancel their travel and shopping will slow down, so this will make others face some problem. So I think now the government needs to do a lot; maybe it can use more tax to help people who lose their job, and they can pay less tax, to make the problem smaller. And government needs to help some companies. If a company is not good, that means some people will begin to lose jobs. So here is the source. This is very important; if government fixes this, the problem will begin.
Monday, October 8, 2007
The bankruptcy 'tweak' could save 600000 homes
Reference:
Sahadi, J. (2007, October 2). The Bankruptcy ‘Tweak’ could save 600000 homes, CNNMONEY.com. Retrieved from: http://money.cnn.com/2007/10/01/real_estate/subprime_bankruptcy_change/index.htm.
Summary:
In the article “Bankruptcy ‘Tweak’ could save 600000 homes” by J. SAhadi, the author said the lawyer cannot pay less than before and the person’s house but they can reduce the principal to much the home’s current market value as well as reduce the loans interest rate. But if change pros and cons will happen, some people will think this is good news for people, but it can fix some people’s problem and other ways this will let them not think this will be the less of two evils, because the homeowners would be able to keep their home. So at the end of if they know this can be adjusted without consent of the lender, it will change their perceived risk and change their valuation. So this maybe can change some of the rules in the loan.
Reaction:
If you want to buy a house or a car or something that requires you to spend a lot of money. A lot of people will go to bank and getting a loan will be ok!” Yes, this is right, of the bank lend you money, this is good for world developing; maybe you can win in your business. But another way is if you have some problem that make you lose what you have to do, what about that money from the bank? This is a problem, and nobody can know in the future what will happen. So before you invest, you need to make sure the investment environment is good, and you need a good market research and market analysis. Because this is very important, this is a preparatory stage. This is one of the ways to let you avoid losing your loan in business, then filing bankruptcy. The other way is sometimes investors need calm; they don’t want just some people to get high interest in some trades, and let you lose your mind and follow; maybe this is just a short time when you can receive money before the market falls. There is an example; oranges have high vitamins, so some of the data is very famous in the market; a lot of orchard works change their mind, and most of them plant orange trees. So that year, there are a lot of oranges in the market, but there is a problem which is drugs on the market. Finally, some orchard workers have bankruptcy. This is a good example to tell the investors you need to be careful, don’t waste your money or time, and maybe your family, in the market without market research.
Sahadi, J. (2007, October 2). The Bankruptcy ‘Tweak’ could save 600000 homes, CNNMONEY.com. Retrieved from: http://money.cnn.com/2007/10/01/real_estate/subprime_bankruptcy_change/index.htm.
Summary:
In the article “Bankruptcy ‘Tweak’ could save 600000 homes” by J. SAhadi, the author said the lawyer cannot pay less than before and the person’s house but they can reduce the principal to much the home’s current market value as well as reduce the loans interest rate. But if change pros and cons will happen, some people will think this is good news for people, but it can fix some people’s problem and other ways this will let them not think this will be the less of two evils, because the homeowners would be able to keep their home. So at the end of if they know this can be adjusted without consent of the lender, it will change their perceived risk and change their valuation. So this maybe can change some of the rules in the loan.
Reaction:
If you want to buy a house or a car or something that requires you to spend a lot of money. A lot of people will go to bank and getting a loan will be ok!” Yes, this is right, of the bank lend you money, this is good for world developing; maybe you can win in your business. But another way is if you have some problem that make you lose what you have to do, what about that money from the bank? This is a problem, and nobody can know in the future what will happen. So before you invest, you need to make sure the investment environment is good, and you need a good market research and market analysis. Because this is very important, this is a preparatory stage. This is one of the ways to let you avoid losing your loan in business, then filing bankruptcy. The other way is sometimes investors need calm; they don’t want just some people to get high interest in some trades, and let you lose your mind and follow; maybe this is just a short time when you can receive money before the market falls. There is an example; oranges have high vitamins, so some of the data is very famous in the market; a lot of orchard works change their mind, and most of them plant orange trees. So that year, there are a lot of oranges in the market, but there is a problem which is drugs on the market. Finally, some orchard workers have bankruptcy. This is a good example to tell the investors you need to be careful, don’t waste your money or time, and maybe your family, in the market without market research.
Wednesday, October 3, 2007
First-born kids become CEO material
Reference:
Jones, D. (2007, September 4th). First-born kids become CEO material. USATODAY.com. Retrieved on September 21, 2007 from: http://www.usatoday.com/money/companies/management/2007-09-03-ceo-birth_N.htm
Summary:
In the article, “First-born kids become CEO material” by D. Jones, the author uses a lot of examples to tell us that more CEOs are the oldest children in the family. She believes the oldest children on average had a slightly higher IQ than their siblings, because of undivided attention from their parents. When you are born, your nutrition comes from your mother, so you can get more and better, and then you can have more good genes from your parents, so there are the reasons the author believes the oldest children are smart. But other brothers and sisters’ help is very important too, so this means you succeed not only because you are first-born, also you need parents and other sisters and brothers help. The important thing is you need to work hard, then you can win.
Summary:
Now a lot of data side the first-born child is smart than later and they can become the CEO, but a lot of CEOs are the oldest child in the family, the reason is they can get more nutrition that comes from their mother and good genes from their parents. But I think the important reason is you work hard. I believe what Thomas Alva Edison said: Genius is one per cent inspiration and ninety-nine per cent perspiration. It’s not that you just only sit there, and you can became the CEO; I think good genes from your parents is not very important, we can not say that’s wrong, but this doesn’t matter, we just care if he works hard at his job and classes. Thomas Alva Edison worked harder and harder and tried to use a lot of different ways to help him to develop the light; finally he successfully invented the incandescent light bulb. Some people say I work harder and harder every day, a lot of things but why can’t I succeed. You expend a lot of energy and work very hard, you do not succeed, but did you find yourself better than before? A lot of people succeed not just by working hard and wining in his enterprise, but because he works hard all his life and then he receives what he wants. Working hard is good for you; some people think they are very smart and parents are very rich, so they stay at home and play games or not study hard; at the end they receive nothing, because the god is impartial, not only you smart you can win anything. Perspiration is the key to success. So don’t waste your time, please remember money doesn’t grow on trees.
Jones, D. (2007, September 4th). First-born kids become CEO material. USATODAY.com. Retrieved on September 21, 2007 from: http://www.usatoday.com/money/companies/management/2007-09-03-ceo-birth_N.htm
Summary:
In the article, “First-born kids become CEO material” by D. Jones, the author uses a lot of examples to tell us that more CEOs are the oldest children in the family. She believes the oldest children on average had a slightly higher IQ than their siblings, because of undivided attention from their parents. When you are born, your nutrition comes from your mother, so you can get more and better, and then you can have more good genes from your parents, so there are the reasons the author believes the oldest children are smart. But other brothers and sisters’ help is very important too, so this means you succeed not only because you are first-born, also you need parents and other sisters and brothers help. The important thing is you need to work hard, then you can win.
Summary:
Now a lot of data side the first-born child is smart than later and they can become the CEO, but a lot of CEOs are the oldest child in the family, the reason is they can get more nutrition that comes from their mother and good genes from their parents. But I think the important reason is you work hard. I believe what Thomas Alva Edison said: Genius is one per cent inspiration and ninety-nine per cent perspiration. It’s not that you just only sit there, and you can became the CEO; I think good genes from your parents is not very important, we can not say that’s wrong, but this doesn’t matter, we just care if he works hard at his job and classes. Thomas Alva Edison worked harder and harder and tried to use a lot of different ways to help him to develop the light; finally he successfully invented the incandescent light bulb. Some people say I work harder and harder every day, a lot of things but why can’t I succeed. You expend a lot of energy and work very hard, you do not succeed, but did you find yourself better than before? A lot of people succeed not just by working hard and wining in his enterprise, but because he works hard all his life and then he receives what he wants. Working hard is good for you; some people think they are very smart and parents are very rich, so they stay at home and play games or not study hard; at the end they receive nothing, because the god is impartial, not only you smart you can win anything. Perspiration is the key to success. So don’t waste your time, please remember money doesn’t grow on trees.
Saturday, September 22, 2007
Consolidate student loans only if it's right for you
Reference:
Blocks, S. (2007, Sep. 17). Consolidate student loans only if it’s right. USA Today. Retrieved on Sept. 19, 2007, from http://www.usatoday.com/money/perfi/columnist/block/2007-09-17-student-loans_N.htm.
Summary:
In the article ” Consolidate student loans only if it’s right for you”, by USA Today, now a lot of students go to a university to study; this is a good news for everyone, but they will face a serious problem. They provide a loan to go to university, but if they can not pay the student loan they need to pay higher interest rates and fees for their loans, this means you need more money to pay. So more and more students choose to get a job and study together. The author hopes the government can get more money to help low-income students and this should lower your monthly payments. And sometimes students need to look for an immediate reduction to help finish their education and pay their loans.
Reaction:
Everyone knows education is very important in the world. Now, more and more people go to the university; this is great news for the society. But now tuition fee is very expensive. So a lot of students choose to use student loans and pay later, this is a good way to pay your tuition fee, but after you leave school you need to repay the capital, so now you need to pay more money. This is a serious problem, so a lot of students choose to study and work together; after class they go to get a job to pay money. This sounds good, but another question is a lot of students spend too much time to get a job and then they are too tired to go to class, or some students just miss the whole day of class. We know that paying money by yourself is good, and getting a job to pay is great too, but if just these reasons make you miss class, it is the wrong choose; this will make you run counter to your desire. You spend a lot of money and feel tired every day, but at the end, you get nothing, just tiredness and debt. So I think studying is the first important thing, and then at this base if you have free time, go to get a job, but the job can’t affect your study. And a lot of countries’ governments use a lot of ways to help students to pay tuition fee, so we hope they can find more ways to help students.
Blocks, S. (2007, Sep. 17). Consolidate student loans only if it’s right. USA Today. Retrieved on Sept. 19, 2007, from http://www.usatoday.com/money/perfi/columnist/block/2007-09-17-student-loans_N.htm.
Summary:
In the article ” Consolidate student loans only if it’s right for you”, by USA Today, now a lot of students go to a university to study; this is a good news for everyone, but they will face a serious problem. They provide a loan to go to university, but if they can not pay the student loan they need to pay higher interest rates and fees for their loans, this means you need more money to pay. So more and more students choose to get a job and study together. The author hopes the government can get more money to help low-income students and this should lower your monthly payments. And sometimes students need to look for an immediate reduction to help finish their education and pay their loans.
Reaction:
Everyone knows education is very important in the world. Now, more and more people go to the university; this is great news for the society. But now tuition fee is very expensive. So a lot of students choose to use student loans and pay later, this is a good way to pay your tuition fee, but after you leave school you need to repay the capital, so now you need to pay more money. This is a serious problem, so a lot of students choose to study and work together; after class they go to get a job to pay money. This sounds good, but another question is a lot of students spend too much time to get a job and then they are too tired to go to class, or some students just miss the whole day of class. We know that paying money by yourself is good, and getting a job to pay is great too, but if just these reasons make you miss class, it is the wrong choose; this will make you run counter to your desire. You spend a lot of money and feel tired every day, but at the end, you get nothing, just tiredness and debt. So I think studying is the first important thing, and then at this base if you have free time, go to get a job, but the job can’t affect your study. And a lot of countries’ governments use a lot of ways to help students to pay tuition fee, so we hope they can find more ways to help students.
Monday, September 17, 2007
How many stocks should you own
Reference:
Zweig, J. (2007, Sept. 6.). How many stocks should you own. Retrieved on Sept. 29, 2007, from http://money.cnn.com/2007/09/06/pf/zweig_september.moneymag/index.htm
Summary:
In the article, "How many stocks should you own" by Jason Zweig, the author introduces before and now what’s people conventional wisdom, and how it changed, what it became and what will change in the future. He analyzes and explains how people’s thinking is different than before and how the way you do it maybe can change your risk. The author thinks about how to change and psychoanalyzes investment orientation and gives us some of ideas about investment.
Reaction:
All people know deficiency of investment is the first important thing and hope to always require less investment while yielding quicker results. But sometimes just things go contrary to their wishes. So sometimes we need care and need market research and market analysis; this can help us avoid blind invest want. Some investors always are very careful, then miss a great time or on the contrary they blindly invest and lose their money. Some people just watch the television and see some stocks that are very good now and go upward faster, so they just go and buy that stock, but at the end they find they made a big mistake, or some people bought some of stock, but only a little, and after award it rose very quickly and then they regret tad it. Now, when you begin to invest, you need a good investment orientation and market research and analysis. And another thing one you need to remember that investment very important and you need to be careful, so when you begin to invest, you must think of your economic base; that means you how much can to buy stocks; you can not use all or more than 60% to buy stocks. So before you buy stocks you need to think carefully and don’t waste your money and time.
Zweig, J. (2007, Sept. 6.). How many stocks should you own. Retrieved on Sept. 29, 2007, from http://money.cnn.com/2007/09/06/pf/zweig_september.moneymag/index.htm
Summary:
In the article, "How many stocks should you own" by Jason Zweig, the author introduces before and now what’s people conventional wisdom, and how it changed, what it became and what will change in the future. He analyzes and explains how people’s thinking is different than before and how the way you do it maybe can change your risk. The author thinks about how to change and psychoanalyzes investment orientation and gives us some of ideas about investment.
Reaction:
All people know deficiency of investment is the first important thing and hope to always require less investment while yielding quicker results. But sometimes just things go contrary to their wishes. So sometimes we need care and need market research and market analysis; this can help us avoid blind invest want. Some investors always are very careful, then miss a great time or on the contrary they blindly invest and lose their money. Some people just watch the television and see some stocks that are very good now and go upward faster, so they just go and buy that stock, but at the end they find they made a big mistake, or some people bought some of stock, but only a little, and after award it rose very quickly and then they regret tad it. Now, when you begin to invest, you need a good investment orientation and market research and analysis. And another thing one you need to remember that investment very important and you need to be careful, so when you begin to invest, you must think of your economic base; that means you how much can to buy stocks; you can not use all or more than 60% to buy stocks. So before you buy stocks you need to think carefully and don’t waste your money and time.
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