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.

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.