Planning personal finance Essay Example | Topics and Well Written Essays - 2000 words

Planning personal finance - Essay Example The traditional lifecycle investing theory that was authored by Modigliani and Miller, holds that every individual will pass through several lifecycle stages, within which then needs for investment are different (Brigham & Houston, 200, pp. 73-4).   The first stage is when younger, exists the ‘accumulation phase’ (between 20’s and 30’s age periods), when the person is capable of investing in greater risk assets as well as follow an aggressive strategy of investment, designed to attain maximum longer term growth.   The second stage of lifecycle, is known as the ‘consolidation phase’, a middle life stage (between 40’s and 50’s age periods), during which the person has stopped working and is depending on the income as well as capital accumulated during the first two stages of life. The third and final stage is the ‘gifting phase’, (between 80’s and 90’s age periods) within which persons who have already accumulated a greater amount of wealth than they require for their own lifetimes, make a decision to of passing on some of their assets to others – maybe as a charitable donation or an inheritance (Brigham & Houston, 2001, pp. 74-5).   According to this theory, individuals go through these phases of life, their investment objectives and needs change significantly and, even though they were capable of holding mostly risk carrying assets in their youthful years (the theory depends mostly on equities, for maximizing long-term growth), the person needs to eradicate most investment peril as they age up.

Compensation Case Study Example | Topics and Well Written Essays - 1000 words

Compensation - Case Study Example Under the skill factor, the cashier scores two points for experience and ability. Under supervisory, the Cashier scores 2 for fiscal and supervisory responsibilities. Under effort, the cashier scores 2 for physical effort and 3 for mental effort. Under working conditions, the cashier scores 2 for each of the categories. Total points scored are 21 out of 30. Job C: Prepared Food Manager The prepared food manger has executive management roles. The Manager is responsible for the prepared food department. Under skill factor, the manager scores 3 for each of the categories thus experience, education and ability. Under responsibility, the manager scores 3 for fiscal responsibility and 3 for supervisory responsibility. Under mental and physical effort, the manger scores 3 and 2 respectively. Under working conditions, the manager scores 2 for each location, hazard and extreme environment categories. Total score is 26 out of 30. Job D: Back Room Shift Supervisor The shift supervisor is respon sible for supervisory functions during shifts. The shift supervisor scores 3 for education and ability and 2 for experience. Under responsibility, the supervisor scores 1 for fiscal responsibility functions and 3 for supervisory function. Similarly, he scores 2 for location, hazard and extreme environment categories respectively. ... The shift supervisor scores 3 for education and ability and 2 for experience. Under responsibility, the supervisor scores 1 for fiscal responsibility function and 3 for supervisory function. Similarly, he scores 2 for location, hazard and extreme environment categories respectively. Total score is 23 out of thirty. Job G: Prepared Food Department Assistant Manger The prepared food assistant manger has management roles. The assistant manger is responsible for the prepared food department. Under skill factor, the manger scores 3 for each of each of the categories of Experience, education and ability. Under responsibility, the manager scores 2 for fiscal responsibility and 3 for supervisory responsibility. Under mental and physical effort, the manger scores 3 and 2 respectively. Under working conditions, the manager scores 2 for each location, hazard and extreme environment categories. Total score is 25 out of 30. Job H: Store Manager The stores manager rotates among stores offering man agerial assistants to the store team leaders. Under skill factor, the store manager scores 3 for experience, education and ability. In responsibility function the manger scores 3 for the both fiscal and supervisory function. Under mental and physical effort, the manager scores 3 and 2 respectively. Under working conditions, the manager scores 3 for each location, 2 for hazard and extreme and 2 for environment categories. Total score is 27 out of 30. Job I: Back room Staff He does cleaning duties at the back room. He scores 1 for education, 2 for ability and 1 for experience. Scores zero for fiscal and supervisory responsibilities. He scores 3 for location, hazard and extreme

Health Issues in the Philippines Essay Example for Free

Health Issues in the Philippines Essay Like any other third-world country, the Philippines have been struggling in some health issues and one of it is illegal drug use. A lot of Filipinos are addicted to prohibited drugs. However, the Philippine government has dealt with this issue and although there are still some recorded incidents of drug abuse, the number of drug dependents in the Philippines has gradually decreased. One major health issue in the Philippines, is malnutrition. There have been studies conducted and accordingly, most of the Filipinos that suffer from malnutrition are the poor ones. The Philippine government, thru the Department of Social Welfare and Developments along with the Department of Health has provided projects to help poor Filipinos from starvation. Other health issues in the Philippines are dengue cases, but then, these health concerns are only happening in the rural area of the country. Most of these cases are properly attended to by the Philippine government Health issues in the Philippines The Philippines have been struggling with some healthcare issues, one of the most noticeable being illegal drug use.There are a number of Filipinos who are said to be addicted to prohibited drugs. However, the Philippine governmenthas concentrated on this issue and although there are still some recorded incidents of drug abuse, the number of drug dependents has gradually decreased.Another serious health issue is malnutrition. Unsurprisingly, the poorer citizens are the ones who suffer from thiscondition. The Philippine government, through the Department of Social Welfare and Development and in conjunction with the Department of Health, has initiated projects to help its poorer citizens who suffer from starvation.Cases of dengue are also notable. However, most of these cases are properly attended to by the Philippine government.

Memory, Learning and Our Virtual Brains :: Biology Essays Research Papers

Clearly, education has an immediate and definite purpose in my own life. As a student, I have been exposed to events that have had a profound impact on the development of my interests, talents, values, or what some may call intelligence. My own approach to problem solving has inspired me to frame the question of the interplay of intelligence, human behavior, learning, and experience in the language of neuroscience. Neuroscience is appealing to me because it offers an explanation for the micro and macro-level processes that operate to create my complex and unique approach to problem solving and response to the world. In this way, the alignment of neuroscience with biology and psychology offer a convincing general plan for the framework of stimulus and response. That is, neural cell development impacts upon external stimulus reception that, in turn, directs cognitive processing and eventually elicits a behavioral response. This course has indicated to me that the neural circuitry invol ved with such systems of stimulus and response are not linear, but complex and interdependent. What follows is an integration of brain-based theories on internal representations of experience and memory for the purpose of providing perspective, and ultimately improving the conditions for learning and development in a progressive way. The term intrinsic variability has been drilled into our brains. No doubt, my dendritic spines have stretched, etching a special "intrinsic variability" path extending from deep in my hippocampus to the folds of my neocortex. When I recall this phrase, a furious stream of chemical spills and reactions is ignited. In my brain, this stream passes through neurons that code for other phrases that have become important to me throughout this course, for example, learning, memory, intelligence, and feedback. But like the term implies, this is my own stream. In my final web paper I will guide you through the landmarks of my path. What follows from intrinsic variability is the idea that the brain is plastic, or impressionable. It seems there is a stability-plasticity trade-off where our brains are hardwired to retain function, yet malleable enough to learn, create memories and, in some cases, compensate for functional damage (1). With each moment that passes, a particular exchange with the ex ternal world rearranges some piece of neural circuitry, yielding unique and diverse neural patterns for each individual(2).That no brain ever looks the same from one moment to the next makes the job of understanding brain function inherently difficult.

Alcohol and Advertising Essay

Throughout the history of television, viewers have raised many questions about alcohol advertising. Does advertising influence alcohol consumption? Does it has an impact on alcohol abuse or alcohol related disease and death? How is advertising affecting us? The goal of this essay is to collect evidence, both theoretical and empirical, that would address the question of whether advertising affects in any measurable manner alcohol consumption and mortality from alcoholism and alcohol related disease. The alcohol and advertising industries argue that as alcoholic drink is a legal product it should be legally possible for it to be advertised, and that bans on alcohol advertising would have adverse effects on the alcohol market and on the media. They also argue that bans are not justified as advertising is concerned with promoting sales of individual brands and there is no evidence of a causal link between advertising and the overall level of alcohol consumption or the amount of alcohol related harm. The main arguments are that as well as promoting brands, advertising is also concerned with recruiting new drinkers and increasing sales among existing, and especially heavy consumers. (Fisher 22-24) Henry Saffer, a New York economist who focuses in alcohol research, assures that alcohol advertising is increasing traffic accidents and alcohol consumption. He declares, ?  §Until now, most of the studies done on the subject conclude that alcohol advertising doesn?  ¦t affect drinking behavior. The alcohol industry uses these studies to bolster its argument that advertising only induces people to switch brands. These studies keep coming and find nothing because they set themselves up to find nothing. (Abramson 1) Saffer research? K? K Much of the debate concerns the possible effects on children and young people. The Advertising Codes prohibit the specific targeting of minors, but the ubiquity of alcohol advertising ensures that it can hardly be missed by them. Indeed, the evidence is that even young children are aware of alcohol advertisements and tend to remember them. (Mackiln 251-252) ?  §The American Academy of Pediatrics shows a recent study of the impact of television on children and teenagers: ? XAmerican children view over 23 hours of television per week. ?XTeenagers view an average of 21 to 22 hours of television per week. ?XBy the time today’s children reach age 70, they will have spent to 10 years of their lives watching television. ? §The American Academy of Pediatrics states that television advertising influence education and conduct of children and adolescents. They believe that ?  §time spent watching TV could be better spent on constructive activities. Some other statistics that are shown are: ? XAmerican children have viewed an estimated 360,000 advertisements on television before graduating from high school. ?XAmerica children view nearly 2,000 beer and wine commercials on television. Beer, wine and liquor companies spend over $2 billion per year on advertising and promotion. (1) Perhaps the most commonly held assumption by researchers in the field is that advertising works. There is a strong belief that advertising affects consumption of alcoholic beverages and is related to the adverse consequences of excessive use. Hilary Abramson, describes in her article ?  §Alcohol Ads Increase Drinking the study ?  §The Alcohol Epidemiology program at the University of Minnesota has list some restrictions that can be apply in a special event, business or organization. The restrictions are: noooooooo Works Cited Abramson, Hilary. ? §Alcohol Ads Increase Drinking. August 1997. November 23, 2002 Abramson, Hilary. ? §Warning: TV Alcohol Ad Warning Could Work. August 1995. November 23, 2002 ?  §The American Academy of Pediatrics. November 23, 2002 Fisher, Joseph C. ? §Exposure to Alcohol Images in Mass Media. Advertising, Alcohol Consumption, and Abuse: A Worldwide Survey. Connecticut: Greenwood Press, 1993. 28-55. Hanson, David J. ? §Alcohol Advertising. 1997-2002. November 23, 2002 Macklin, Carlson Les. , ed. ? §Adolescents?  ¦ Attention to Beer and Cigarette Print Ads and Associated product Warnings. Advertising to Children: Concepts and Controversies. California: SAGE Publications, 1999. 251-275.

Ben Franklin and Booker T. Washington

Benjamin Franklin and Booker T. Washington were both American personalities that assumed great importance in the history of the United States. Franklin was born in 1706, in Boston, to an English father and an American mother. Washington, on the other hand, having a family history of slaves, did not know his origins or anything about his ancestries. As the author himself says in his autobiography, â€Å"My life had its beginning in the midst of the most miserable, desolate, and discouraging surroundings. (Washington, p. 15). He only knew his mother, a brother and a sister and he did not even know the time or the place of his birth. In spite of some significant differences in their early lives and, after, along their trajectories, Benjamin Franklin and Booker T. Washington’s autobiographies reveal that similarities between them are prevalent. Even separated by a gap of a hundred and fifty years between their birth dates, they shared same thoughts, same principles and resembling aims. Since they have so much in common, it is valid to say that Washington’s â€Å"Up From Slavery† can be considered a black version of Franklin’s autobiography. Born in a family of slaves, Booker T. Washington was a typical African-American of the 19th century, used to be a working-man. After the Civil War, which had as its main consequence the emancipation of the slaves, Booker worked as a salt-miner and as a coal-miner, before he becomes a houseboy, working as a servant for the wife of the owner of the mines. After that, he applied to Hampton Agricultural Institute and had to split his time between working and studying. Benjamin Franklin was an important personality of American History, a versatile man who was an intellectual, a scientist, an inventor, a diplomat, a politician and best known for being among the political leaders who took part in the American Revolution, by signing the United States Declaration of Independence, as one of the â€Å"Founding Fathers†. Born to a middle-class family, Franklin went to a grammar school but, for financial reasons, he had to be transferred to another one to study writing and arithmetic. Yet, just like Booker, he was also a working-man during his boyhood. He left school to work as a chandler, making and selling candles with his father, who, later, noticed Franklin’s interest in books, so he was sent to work with his uncle as a printer. Perhaps because of the previous tough time they had in life, each one his particular ways and in specific situations, both of them put all of their efforts on an attempt of eaching better ways of living, and they succeeded. That is why they are considered examples of what is called the â€Å"self-made man†, the man who makes himself by what he does and command his own destiny; people who rise from poverty and bad living conditions and who are able to achieve success and recognition on their own merit. Since he was not enrolled at school, Benjamin Franklin pro vided himself a self-education, based on the Socratic method, which he ended up abandoning later on. He also was trying to improve his English. Also trying to fight for a chance of acquiring some knowledge, Booker had to cheat on his boss to be on time for school, face his classmates who were more well off than himself and invent a last name, considering it was a request of the school and, as an ex-slave, he did not have one. When he went to Hampton Institute, he was refused shelter for being black and he could not count on anybody, so he had to sleep on the streets and work for meals. He could not even afford his books and clothes, but he did not give in and he did not give up on his studies. Further on, he would say â€Å"Nothing ever comes to one, that is worth having, except as a result of hard work† (Washington, p. 135). Both Franklin and Washington believed that education and a good job would guide people to self-respect and an economic independence. Moreover, their entrepreneurial spirit was a common outstanding aspect of their personalities. Under his direction, Booker inaugurated the Tuskegee Institute, a school for black people which was focused on industrial training, praising the virtues of thrift and patience, mainly: â€Å"[†¦] by patience and hard work, we brought order out of chaos, just as will be true of any problem if we stick to it with patience and wisdom and earnest effort† (Washington, p. 60). Earlier, in 1729, Franklin had begun a newspaper called The Pennsylvania Gazette. â€Å"Lose no time; be always employ’d in something useful; cut off all unnecessary actions† (Franklin, p. 4), this is what leads people to success; industry is the way to get there. Booker T. Washington was a humble man, but he knew how to balance his modesty with a touch of ambition. However, he attributes his success to his belief in many of the virtues that were also praised by Benjamin Franklin, as selflessness, industry, pragmatism and optimism. Franklin based the course of his entire life on a list of th irteen virtues he thought were a must in the process of arriving at moral perfection. There are some of them that can summarize everything he used to preach along his life, which would be: order – â€Å"Let all your things have their places; let each part of your business have its time†; resolution – â€Å"Resolve to perform what you ought; perform without fail what you resolve†; frugality – â€Å"Make no expense but to do good to others or yourself; i. e. , waste nothing†; sincerity – â€Å"Use no hurtful deceit; think innocently and justly, and, if you speak, speak accordingly† (Franklin, p. 94); and, of course, industry. Franklin was raised by a Presbyterian family, but he turned out to become a Deist. Thus, he thought he would succeed in the pursuit of his moral improvement as an individual – by following some virtues and putting their concept into practice – not as a member of any church. Nevertheless, he believed in the existence of a deity, a God that has to do with the creation and maintenance of the world, but has nothing to do with one’s life. To this God, he thanks for the blessings that were given to him through his way to a successful life. â€Å"And now I speak of thanking God, I desired with all humility to acknowledge that I owe the mentioned happiness of my past life to His kind providence, which lead me to the means I used and gave them success† (Franklin, p. 7). Likewise, Booker also expresses his gratitude to God for the same kind of support, but, in opposition to Franklin, he was thankful to a Christian divinity and faithful to the doctrine of his church. Due to their ideal conduct, Benjamin Franklin and Booker T. Washington were considered examples of good citizens. Franklin wrote his life story as an intent of immortalize himself through his behavior, also immortalizing his actions by featuring all his great deeds. This way he could motivate and encourage people to do the same: â€Å"†¦and having gone so far through life with a considerable share of felicity, the conducing means I made use of, [†¦], my posterity may like to know, as they may find some of them suitable to their own situations, and therefore fit to be imitated. (Franklin, p. 6). And so did Washington in â€Å"Up From Slavery†, through which he intended to serve as a model for others to follow but, differently from Franklin, he didn’t have the self-promotion as one of his purposes. Booker expected his readers to feel instigated and stimulated to keep going on with his good manners and become followers of his moral principles. Besides the will of telling people their lives, the attempt of helping others to pursue their own self-making was among their objectives. In conclusion, both the autobiographies narrate two lives that, despite of the time, were founded on similar values that were regarded as tools to achieve a better future life. These two works aim to inspire people to do things that could lead them to social ascension. Besides, their authors used a literary style and a structure very much alike – enlightening some virtues and speaking with a sense of humor, employing direct prose and punctuating the narrative with lively illustrative anecdotes. The main difference between them is that Booker T. Washington was involved with black people issues, since he was born a slave and had been always dealing with the Negroes turbulent and troubled reality as a â€Å"tough-minded analyst of power who had to balance the demands of blacks with the constraints imposed on him by whites† (http://ukcatalogue. oup. com), whereas Benjamin Franklin acted in the white majority scene, with no need to be worried about any racial question as a priority.

How to Use the Spanish Verb Quitar

How to Use the Spanish Verb Quitar With a basic meaning of to remove, the everyday Spanish verb quitar has a wider variety of meanings than the simple translation might suggest. Common translations, depending on the context, include to remove, to take away, to diminish, to eliminate, and to take off. Although it may have a distant etymological connection with the English word quiet, quitar doesnt have a related meaning, although it can be used to mean quit when used in a particular phrase as shown in the final entry below. Quitar Meaning ‘To Remove’ To remove is the simplest and most common meaning for quitar, and the other meanings overlap with it. Note how you can vary the translation considerably depending on the context. For example, while it is common in English to say you can remove your clothes, you can also take them off. But while you can remove a television from your room, you dont take it off, although you might take it out. Me quità © los zapatos y no sà © dà ³nde los dejà ©. (I took off my shoes and dont know where I left them.)Quiero que quites esos libros de mi casa. (I want you to take those books out of my house.)Con toda delicadeza y cuidado, Peter le quità ³ la astilla con su cuchillo. (Very delicately and carefully, Peter removed the sliver with his knife.)Un paciente necesita tomar la medicina por 7 a 10 dà ­as para quitar la infeccià ³n completamente. (A patient needs to take the medicine for seven to 10 days in order to completely get rid of the infection.) ¡Quà ­tate de mi camino! (Get out of my way! Literally, get yourself out of my path!) Quitar for ‘Take’ or ‘Take Away’ In some contexts, removal can suggest the taking of something. Where the taking is involuntary, quitar sometimes has the meaning of to rob. Robin Hood le quità ³ el dinero a los ricos. (Robin Hood stole money from the rich.)Le quitaron el record a Palermo. (They took the record away from Palermo.)El ladrà ³n me quità ³ todas mis pertenencias. (The thief robbed me of all my belongings.)El trabajo me quita muchas horas del dà ­a. (Work uses up many of my hours of the day.)La gente nos quitaba las bolsas de manzanas y melocotones de las manos. (The people took the bags of apples and peaches out of our hands.) Using Quitar With Reference to Feelings Quitar sometimes refers to the removal or elimination of emotions or feelings. Translations can vary with the feeling affected. Podemos disfrutar un sorbo que nos quitar la sed. (We can enjoy a sip that will quench our thirst.)Quiero quitar el dolor de muelas sin ir al dentista. (I want to end my dental pain without going to the dentist.)Las Tic Tacs tienen solo dos calorias cada una y te quitan el hambre. (Tic Tacs have only two calories apiece and take away your hunger.)Tenà ­amos un montà ³n de informes favorables que nos quitaron el miedo. (We had a mountain of good news that overcame our fear.)Los drogas me quitaron la felicidad de abrazar a mi hijo. (The drugs robbed me of the joy of hugging my son.) Quitar for Quitting The phrase quitarse de, which literally means to remove oneself from, can be used to mean to quit when followed by a noun or infinitive. Dejar is used more often for this purpose, however. Hoy es el dà ­a de quitarse de Facebook. (Today is the day to quit Facebook.)Recuerdo que se quità ³ de fumar por un problema de pulmà ³n. (I remember that she quit smoking because of a lung problem.) Grammar Tips for Quitar You may understand some of the sample sentences better if you have a strong understanding of indirect objects and reflexive pronouns, as quitar is often used with them. Possessive adjectives are also important to learn when el and la are used as the equivalent of words such as my and your.