Friday, April 26, 2013

Topic 10: How to Boost My " GDP"

  Many factors that attribute to economic productivity are useful to improving a student's GPA.
  First of all, there is the quality of labor. The quality of labor is an immensely important factor contributing to economic success and also success in schools as well. Imagine sitting in front of a desk for ten straight hours trying to study and at the same time also trying to watch a TV show and listen to the newest release of Maroon 5. Those things are bound to distract you from your main goal some how, and you end up studying only three pages. The quality of your intensive ten hour " labor", is therefore, very little.
  Second of all, there is the technological innovation. The most prominent example of this in today's schools are computers. Computers and the internet brought more available information to the table. Now a student can enhance him or herself not only from the books they have, but also from the internet. This improves productivity because the student will have more readily available information at their disposal.
  Third of all, financial markets. This does not have as big an effect on GDP as do other factors. The financial market CAN impact a student's home life and that can in terms affect their studying environment and therefore their GPAs.
  Lastly, energy costs. Energy costs, sadly don't contribute much to the GPA.

Sunday, April 21, 2013

Topic 9: Financial Market

  The most attractive financial asset to me right now is stocks. It is one of the easiest way to make money in this world we live in today. Not just any amount of money, big cash( Just kidding). I would like to invest in this financial asset right now because it seemed to be something with quite a promising future in the near future, of course I am aware of the risks I am taking from buying stocks, however, my youthful naive bliss kept me ignorant of that fact. If I were a hard working adult, however, I would probably also be interested in pension because I would want to live a good life after I retire. It would be ridiculous to work hard all the way through life, there had to at least be a time where I get to take some time off. I might also be interested in purchasing a variety of bonds simply because it pays me to keep my own money safe, what more could I ask for? Of course, there is a risk I am taking for...lets say, if my country goes bankrupt or something. Yet I figured that I would probably go bankrupt before my country does, so...yeah. The percentages for my financial asset when I was young would probably differ from the financial asset when I was older. I would always have to have a  portion of my asset as stock to fight inflation and a portion saved and stocked in a sweet little place so I don't turn around one day and find myself penniless. When I become twenty ~thirty, I would probably invest 30% in stocks, 50% in bonds, and 20% in pension. When I get older, I'll probably change that percentage to invest 10% in stocks, 60% in bonds, and 30% in pension. You might be wondering...hmm...30% in stocks isn't a lot. Well, I guess I am not so naively youthful and blissful after all :P

Friday, April 12, 2013

Money

  Money, to me Wayne, is an important means that makes my everyday life possible. To me personally, the purpose of money is to serve as a storage of value that can be exchanged for goods and services that will be needed in the future. The function of money to me, however superficial it might sound, is to serve as " tickets" to goods and services that I want and I normally use it on things that I would like to have but don't have yet.
  I do not have an allowance so I would have to ask for money every time I feel like buying something. This meant that everything I buy is parent-approved. How much I receive is completely dependent upon my parent's views on the object of my desire. If they felt that it was completely useless, they might not give me any money at all. On the other hand, if they did feel that this object would do me more harm then good, then chances are, they will most likely be giving me the money as long as it is within a reasonable price.
  I have been blessed to be born in a caring family would could very well support me and provide for me, therefore, despite the fact that I know money is of great significance, I don't always put it as a top priority. Due to the fact that I have no allowance, I don't want or need more then what I have now. I do think, however, that I can get by with less money spent on me from my parents. Perhaps instead of buying drinks from the outside I can pack water in used water bottles, instead of buying brand new textbooks, I can buy used textbooks.
  I would be willing to cut back some luxurious expanses for money. For example, I might decide to not go to vacation in an expansive place or stay in an expansive hotel simply for the sake of saving money. I would not be willing, however, to cut back spending on things such as the life necessities.