I am reviewing Alex and Benny's Podcast.
It is a very good podcast and i learned a lot from it just by listening to what they have to say. They give lots of detailed information and make it easy to understand. It was very clear and very understandable. the images and the recording go very well together. They fit perfectly and match everthing that they were saying. It wa spretty creative and interesting. They took turns in speaking and asking questions which made me want to listen more and learn.
Monday, March 19, 2007
Thursday, March 15, 2007
Compound Interest and the rule of 72
Compound interest is the amount of money you arew able to make over the years being depended on the amount of interest the company makes. Of course over the years the deposit you have made increases over the years. For instance, if you deposit $200 dollars, and the interest rate of the company is 10%, in a year your your money would have increased into $210. The longer you keep the money in there, the more you will gain.
The rule of 72 is is a rule stating that in order to find the number of years needed to make your money doubled at a certain interest rate, you have to divide the compound interest into 72. The answer will be the number of years that it will take your investment to double.
The rule of 72 is is a rule stating that in order to find the number of years needed to make your money doubled at a certain interest rate, you have to divide the compound interest into 72. The answer will be the number of years that it will take your investment to double.
Insider Trading Scandal - What Happened?
On March 1, 2007, 13 people were involved in a major insider trading scandel that was uncovered. Two of the men were from UBS and Morgan Stanley. All of them of course were arrested and four of them pleaded guilty to the scandel. They gained over millions of dollars illegally as a big profit from the security industry. Insider Trading is a saying that most investors say is illegal conduct but also legal conduct as well. Legal insider trading is when officiers or coporate insiders, employess and directors buy and sell stock in their companies. Illegal is would be if a cheif excutive of a certain company learned that the same company will be taken over and bought shares in the same company knowing that the share price will rise.
Friday, March 2, 2007
Stock Market Game - 1 - Initial Investment Strategy
I'm just going to buy anything that appeals to me. Like stocks with familiar names but if they are doing bad then I'll give a second thought about it. Industries like Apple and Sony seem really good since everyone loves their products and they seem to do really well. I will try to be conservative but since i like to spend money on stupid things, I probably won't have any money left by the end of the first week also because we only have $50,000. We have about5 months to play the game. A very long time to play and to see who goes up and down.
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