School in different government based systems

Communism: (for example schools in China)
1. All school are equal
2. Government decided what you are going to study
3. Everyone doesn't have an equal opportunity
4. Only public school
5. Government controls wardrobe, all most every single school, if not all of them require students to wear uniforms
6. Government controlled courses
7. Chooses how long to attend school or work
8. All school paid for and provided by the government
Capitalism:
1. Public and Private school available
2. School systems based on who has money
3. Going to school is a choice, not enforced
4. Have to pay to attend school
5. You control all courses that you take
6. No government help or financial add when going to higher education
Socialism: (for example America)
1. Public and private schools
2. Students have options in what they want to do
3. Some school require uniforms, not all
4. Every one can attend schools
5. Government makes some learning mandatory such as; math, English, science, and history
6. Usually requires you to go to school to a certain age but are still able to drop out
7. Government help for higher education
Socialism+Capitalism:
1. Student has more room in choosing courses
2. Student can choose what career choice they want to follow
3. Can leave or drop out of school
4. Students pay for what education they want
Capitalism+Communism:
1. Government provides a schooling system
Communism+Socialism:
1. Both have public school
2. Possibly have to wear uniforms
3. Schools made to prepare students for workforce
4. Government has some control in courses
- There isn't really a full fledged capitalism school systems. Most school systems are a mix between social and capitalism. An example of this would be the U.S.   

Minimum Wage

I do not believe that we should raise minimum wage. If we raise the minimum wage to 15 dollars it will be harder for companies to pay all of there workers so they will probably have to lay people off. This will the raise unemployment. Also raising the minimum wage will cause the difference between rich and poor to increase. Also it will make it harder for unskilled workers to get jobs.
Also it is more expensive generally to live in an area with a higher minimum wage and the pverty is generally higher in those areas.
According to (www.aei.com) "The case against raising the minimum wage is straightforward: A higher wage makes it more expensive for firms to hire workers. How big an effect does this have on the job market? Economists debate this. But no one argues that increasing the minimum wage increases the number of unemployed workers who find jobs. In the end, the trade-off is clear. People who keep their jobs get more money; those who lose their jobs, or fail to get new ones, suffer." This is exactly why raising minimum wage is to harmful. It is going to cause more families to struggle instead of prosper.

http://www.forbes.com/sites/williamdunkelberg/2012/12/31/why-raising-the-minimum-wage-kills-jobs/
http://www.bloomberg.com/news/2013-01-03/two-reasons-not-to-raise-the-minimum-wage.html
http://www.aei.org/article/economics/fiscal-policy/labor/why-we-shouldnt-raise-the-minimum-wage/

Stocks: Stocks are shares of companies that they sell. Then when they are purchased a person can use them to make money. When the stock value goes up you can sell the stock and make back what you spent and also what you made when the stock value increased. however stocks also work the other way. They do not always go up. At times stocks also decrease in value you and you can end up loosing money.

Dividends: I am not exactly sure what a dividend is but I think that it is something among the lines of being the money that a company makes and then has to pay to the share holders or they can reinvest the money they made back into the company.

Trades: Trades are when a person buys a stock but only for a short amount of time. The stock cheap knowing that it is soon going to drastically increase in value and then once it does they sell the stock. Trades are used to make quick cash. They generally do not make as large of a value as some one who has invested in stock, but they can still make quite a bit.

Catalyst: Catalysts are anything that can affect the stock market. They cause a reaction that can either increase or decrease the value of a stock. For instance on Halloween kit kat stocks will mostly likely go up because they will sell al larger amount of candy for the holiday, but if Halloween was on a Thursday instead of a Saturday they might not sell as much cause the stock not to rise. Halloween and the day it falls on would be a catalyst because it causes a change in the stock value.

Cost of lemonade

One cup of lemonade according to my calculations costs 65 cents.

The variables in selling lemonade is the weather primarily. The constants are the cups because they never go bad and are always the same and also the water. The perishables would be the ice, lemons and sugar.

November 20%

In November I got quite a bit accomplished. I was able to get more people to share their stories with me on my website and am continuing to ask for more. I am almost done creating the website as well. The basic template is done so all that is left is to add the information and put it on the web. I am excited about my progress this month because I was able to get a lot done for restarting the website. By the end of semester I will for sure have the site up with at least one story per category. I am hoping to get more than that though. I Want to get the website up by early December so that I can start to advertise and hopefully get more people to share their story.

Income

If I have a salary of $250,000 a year, after taxes I would get $210,750.08 as my net total. I know this because in the Bahamas there is no income tax, capital gains, wealth, inheritance or succession taxes. The only taxes I would have to pay would be social security and national insurance tax. I would pay 5.9% of my money to social security because I fall into that group because I make more than $26,000 a year. Then I would pay 9.8% of my salary to the national insurance. This is deposited monthly so it would come more out of a monthly salary. After deducting these two things you reach my net gain of $210,750.08 a year. This math is shown below. 

$250,000x5.9%=$14,750 (social security)

$250,000/12=$20,833.33 (monthly fee for insurance) 

$20,0833.33x9.8%=$2,041.66

$2,041.66x12=$24,499.92 (yearly insurance cost)

Net total: $210,750.08 

https://www.kpmg.com/global/en/issuesandinsights/articlespublications/thinking-beyond-borders/documents/bahamas.pdf

Reading question for section seven

Questions needing or be answered:

1. What have you learned thus far?

2.The Efficient Markets Hypothesis defines such efficiency at three levels, what are they?

Reading section six questions

-Questions that must be answered.

1. Explain strong, semi strong and weak EMH in your own words.

Goal Summary

I have not quite reached my October goal because I had to change my idea. I am currently working on a new way to build a website but have been in contact with people to post their stories on my site. I am hoping to have my site up by December and adding the stories.

Reading Section Five Questions

Questions that must be answered:
1. Do you think that a large group of people working together at buying stocks can change the price of the stock? Why or why not.
2.Why is the buying and selling time of stocks important?
3. (answer in reading) Why can no market be perfectly efficient?
-Remember to answer the questions fully. After all Kappitie does grade your responses.

Reading Section Four Questions

Questions that must be answered:
1. What do you believe would happen if the market didn't have enough sellers?
2. Do you think the market should be one persons lose another persons gain? Why or why not.
3. Relate stocks to something that is modern amongst people today. Why did you choose this topic?
-Remember to answer all the questions fully. After all Kappitie does grade your responses.

Reading Section Three Questions

Questions that must be answered:
1. What do you personally think it takes to run an efficient market?
2. Why Do you think these things are needed for efficiency?
3. What could make your system not efficient?
-Remember to answer the questions full. After all Kappitie does grade your responses.   

Reading Section Two Questions

Questions needing to be answered:
1. Do you think it is smart to invest in stocks? Why or why not.
2.What do you think it means when the passage says, " Financial markets can be notoriously volatile?"
3. What are your own thoughts on the stock market? It is good, bad, necessary, a waste of time, gambling, anything.
-Remember to answer the questions fully. After all Kappitie does grade your responses.

Section One Book Discussion

Questions needing to be answered:
1. Do you think the market is skill or luck and why?
2. Why do you think the market is or isn't important?
3. Do you think the market works efficiently as is?
-Make sure you answer all questions fully. After all Kappitie does grade your responses.

Stocks

On the stock simulator I first bought a few stocks just to see how it worked and to figure out the basics of the game. After I got a pretty good idea of how the system worked and how I should be buying stocks I started to buy stocks for certain reasons. I bought Starbucks as a stock as an investment, but only a short term one. I did this because the winter months are approaching so naturally Starbucks is going to be selling more coffee as the weather gets colder and people want a warm drink. Also in the December Christmas time roles around and many people give gift cards as gifts. I figured Starbucks would seek quite a few of these gift cards. By march I feel my stock value will go up roughy 12% (from the value I bought it from) and the value will increase 23 dollars. I feel that it will do this because it is currently going up at a constant rate and if it continues this all the way to march this would be the relative value of the stock increase. In the spring however I plan on selling the stock. I also bought the national oilwell varco as a winter investment as well because in the summer gas prices usually increase but more people get around on bikes and walking as opposed to driving cars so gas isn't sold as high of a rate was winter were everyone is driving to get to destination to escape the cold. From this stock if it continues to increase the way it is the stock values will go up 14 dollars by march. 

Black Jack

When coming into free enterprise on Wednesday I was handed twelve poker chips. I new immediately that we were going to be gambling. I wasn't quite sure whether we were going to be playing black jack or texas hold em' but I knew we were going to play one or the other. I waited for the instruction from Mr. Kappitie. He said that we would be playing a card game in which you want your card value to equal 21. I knew that this meant we were playing black jack. I new the rules of black jack fairly well. Everyone verses the dealer. If the dealer gets twenty one we loose it all. If not we have a chance to win. Mr Kappitie said he was playing soft 17, meaning that if his card value was less than 17 he had to hit which helps increase the chance that he will bust if he has to hit. In black jack you can only make a guess as to what cards are on the table. You can be close but you should never risk it all on a guess. Betting small in my mind is generally the way to go because even if you bet one chip and you push or win every one of your four hands you are still going to come out even or making money. You don't want to loose money so play smart so you can win. I broke even after the six hands I played. In poker that's not bad. Many people think you win some you loose some but why loose?

Trade vs. Investment

Trade and investments are two words that are often thrown around in the market and are sometimes used simultaneously even though they are very different. Yes, these are both ways in which the buy/seller is trying to make money but the steps in which the buyer/seller is trying to make a profit is completely different. In an investment the buyer is going to try to make a profit over a long period of time. In this method the buyer can use interest, dividends, and stock splits to help increase their earning value. Trading is used to get fast money. You buy stocks when they are relatively low and sell them when the value increases for higher. Catalysts are events that occur that can change the value of your stock for better or for worse. You want to be aware of these catalysts so you can use them to your advantage when dealing with stocks. Short selling is when you buy a large number of stocks from a company and then sell them individually to other buyers in the market.

Candy Stock Market

        On Thursday we were gathered in the hall. We were unsure as to what was going on but we were told to leave everything thing in the hall way and that we could not enter until we were told. we waited as the last of the students gathered around the door. After everyone had made it we spread out between both the doors and Kapptie hollered to enter. All of the students went pooling into the classroom. The class room was dark and there was a loud video playing on the wall. Scattered all over the tables and floor was candy and monopoly money. As the kids pooled a race began. Every one was running every where picking up whatever they could.
        After all of the contents of the ground and tables had been collected the light were turned back on and the everyone stopped moving. At this point Kapptie explained to us what we would be doing. We were going to do a stock market stimulator with the items that we had collected. All of the items that were found in the room had been posted on the board and that's were you could find the value of these items. Kapptie explained that every two minutes there would be an announcement and he would post the new value of the stocks.
        After the instructions had finished it started another race. Students began running to the boards trying to find out the values of there processions so they new what to sell or trade. For the next thirty minutes every one was in almost constant motion either trying to buy, sell, or trade items, in hopes that they would gain money and in the end walk out with the biggest value. Every two minutes when the announcements were made and the values were reposted everyone would gather around the board trying to figure out their next move. Strategy had suddenly become key in trying to win the gain. You had people who constantly tried to buy or sell for to low or and those you tried to buy or sell for to high. However, every move you made counted and needed to be thought out thoroughly. This way those who collected little at the door were able to gain money by smart investments and those who gained lost coming in lost it all due to poor investments or the other way around.   
       At the end of the period when our simulator had finished we valued all of our items to see how we had done in the stock market. Many people played the game wrong and many people one. It was all in how you played the game.   

20% time

For my twenty percent time I am working on creating a web page. This is going to be an anti-bullying webpage made to reach out to troubled individuals who suffer from a range of problems like, bullying, depression, anorexia and bulimia. This will be a webpage telling the stories of individuals who have dealt with these and a column saying what they went through and how they over came it. This will hopefully show people that they are not alone and that there are people who have been through similar things that can help. I also want to add a question column in case people need additional advice, but are working on a way to have no harmful comments posted. By the end of October I am hoping to have my website up and running while right now I am working on contact people for their stories and building the webpage. 

Life After Highschool

In my life after high school I'm going to go off to college. There are several colleges that I would like to attend. A big part of the schools I go to is how much it costs. I want to become a psychiatrist so before I can go to med school I need to get a bachelors in psychology. I either want to go t a premed school or a prestigious university to get my bachelors done. If I go to a premed school it might look better on my college transcript and makers easier to get into med school, but it also might not. If I go to a premed school it's going to be almost as expensive as med school though meaning I'm going to pay around $30,000 dollars a year for school. If I go to a university however, it would be cheaper and as long as I get good grades and do well on my MCAT test I could still have a good chance of getting into medical school and only be paying $50,000 for my whole four years of premed. If I go to just university I would like to go to Chadron University, University of Pennsylvania, or St. Luis University.  If I go to a premed school I want to go to, University of Pittsburg, Pennsylvania State University, University of Minneapolis, or the University of Notre Dam. I plan on paying for school with financial aid, scholarships, grants, and probably a lot of student loans. I want to work in a clinic as a psychiatrist until I'm well established and settled and then I would like to open my own private practice. Well I expect one day I will want a family....maybe.... So I will probably need a family suited car. Maybe a Honda Cr-v because the are good cars that last a long time and are pretty good on gas. A new Cr-v costs around $22,950. After school is finished I want to live in Portland Oregon. A nice apartment usually costs around $800-$1000 dollars a month. I learned that my future is so much closer than I want to believe it is and I need to start getting everything together!!! 

http://www.zillow.com/Portland-or/rent/

Http://automobiles.honda.com/cr-v/

http://colleges.findthebest.com/d/o/Pre-.-Medicine_-_Pre-.-Medical-Studies

https://www.collegedata.com/cs/content/content_payarticle_tmpl.jhtml?articleId=10064

http://www.jhu.edu/finaid/prosp_stud_pb_cost.html