Tuesday, February 18, 2020

Kristin Decides to Try Her Hand at Investing Research Paper

Kristin Decides to Try Her Hand at Investing - Research Paper Example Younger persons also tend not to be responsible for dependents, large assets, and, in many cases of young professionals, their own health coverage. An older person, however, is by his or her nature more risk-adverse, since there is a more limited time span in which to make up potential losses due to investments. Consequently, investing is more confusing for the younger investor like, in this case, Kirstin who is a 26-year-old female potential manager. Although Kirstin has to build for the future by selecting more secure investment options, she should also try to maximize her gains by taking on more risk than the average investor did. This is not to say that Kirstin should become a gambler with her money on the stock market; rather, she should look to expand her capital in a safe, prudent manner. Regardless of an investor’s age or level of risk-aversion, one should always seek diversification as a first principle (Melicher & Norton, 2008, p. 8). Even though Kirstin does not hav e a large asset pool to pull from in terms of seeking out investments, she ought to seek out holdings in as many asset classes as she can. This means that spreading her assets between equities (blue chip and growth), bonds (corporate and municipal), cash equivalents, and commodities. Spreading assets around to the different classes means that Kirstin is hedging her risk against sharp declines in any of the specific categories, such that the other categories can support her portfolio in tough times. The majority of this portfolio must be concentrated in areas with highest growth potential, but diversifying between these instruments is a good strategy. If Kirsten decides to put most of her savings into blue chip or growth equities, she is likely to see a satisfactory return on her investment if the overall market is bullish or relatively stable. Depending on how long she expects to hold these investments, she may see a return on investment (ROI) at a percentage higher than any percent age offered by a corporate or municipal bond holder, or any cash equivalent offered by her local bank. Assuming that Kirsten’s idea of a â€Å"satisfactory return† is greater than the 3 percent interest paid by her bank for a Certificate of Deposit, then she is more likely to see desired returns if she invests in equities as opposed to other kinds of cash equivalents and bonds. Because Kirsten can be certain that her CD with her local bank is insured (that is, she cannot lose the principle amount, like she can with an equity or bond), she must be willing to accept only a return greater than 3 percent. Depending on the nature of the bonds Kirsten investigates, she is likely to find bonds that have greater than 3% interest. Especially corporate bonds of companies with lower credit ratings, which are consequently more risky, Kirsten could find rates of return nearing 10 percent. Kirsten’s decisions about where to put her money could be driven by any number of facto rs, including but not limited to tips from friends, independent research, consultations with financial planners, developments in the news, or developments in her own personal life (Lim, 2010, p. 19). Most likely, Kirsten will decide what to invest in based on her risk-aversion and the principles of good investing. As already discussed, the principle of diversification may draw her to look at both equities and bonds, in addition to the cash equivalent in which she plans to invest $3,000. In addition, Kirsten

Monday, February 3, 2020

My English Mastiff Essay Example | Topics and Well Written Essays - 750 words

My English Mastiff - Essay Example He is already eight years old and weighs approximately 160 pounds (72 kg.). He is 30 inches (76 cm.) tall. Ramzee’s outer coat is smooth, short and straight. His undercoat is dense and close lying. His coat color is golden fawn brindled with black around his eyes and extending up between them, over the muzzle, ears and nose. Like all English mastiffs, Ramzee is very powerful, massive and muscular. He has a large, heavy, square head with a short muzzle and distinctive dewlaps and flews. He has medium-sized ears that are pendant and falls just below his cheeks. His eyes are small and hazel in color. His teeth meet in a scissors bite. Ramzee’s tail is set high and curves down reaching to the hock. Although Ramzee’s size is over-powering, you can consider him a gentle giant. He rarely barks but he makes a good guard dog because his nature is to defend his territory and family. I did not need to train Ramzee because he is a natural guard dog. He is very friendly but w hen he senses I’m in danger, I can feel him becoming more watchful. I always bring Ramzee in public places, such as the park so as to prevent him from becoming aloof to strangers. He also gets along well with other dogs in our neighborhood. My young nieces love Ramzee because he is very playful, intelligent and calm. The only thing that my nieces do not like about Ramzee is that he drools a lot, like all other mastiffs. He also wheezes and snores loudly when he sleeps. Ramzee tends to be lazy at times so I see to it that I take him to regular daily walks after our dinner. His veterinarian also suggested these regular exercises so that he does not gain so much weight. Apparently, most mastiffs suffer from hip and joint problems when they become overweight. Let me describe to you now what a typical day is for Ramzee. Ramzee is my alarm clock. He wakes me up by licking my feet. He seems to have his own clock because he usually does this every 6:00am in the morning. His main reas on though for waking me up is because he wants to go out in the yard to pee. After allowing him to do his morning routine in our yard, I give him his breakfast which he eagerly awaits. I make sure that the dog food I give him is especially formulated for his breed which has the right combination of protein and fats. I give him three cups of dog food in the morning and another three cups for his dinner. He easily finishes his food within minutes. Later, you can see his bowl spic and span as if there was no food there minutes ago. After finishing his food, he drinks lots of water which makes him drool a lot too. I usually wipe the edges of his mouth to prevent those food debris sticking to my pants later on. After eating, he would once again go the yard to â€Å"empty† himself. Ramzee gets a bath once a month. I don’t give him a bath often because dogs have natural oils that keep their fur shiny and prevent their coats to become dry. Today is Ramzee’s bath day. Si nce bathing is quite a chore for a mastiff because of its size, I take Ramzee to the groomer. His groomer gives him a bath and a flea and tick dip. His nails are then trimmed and his ears are cleaned. His eyes are also wiped to prevent the build-up of dirt that might lead to eye infection. The groomer then brushes his teeth with toothpaste. Ramzee likes the taste of toothpaste but it makes him drool more. During this grooming time, Ramzee remains very calm and he seems to be enjoying every moment of it. But I think his favorite part is the combing of his coat. I know he likes it so much because I see him closing his eyes, almost falling asleep. After the trip to the groomer, Ramzee and I go back home. Tired from the car trip, Ramzee goes over to his bed and falls asleep easily. While I am taking my lunch, I