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An essay on developing leadership competencies
Assignment One – Leadership Skills
Assignment One – Leadership Skills
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Stock Market Game
The stock market is a multi-billion dollar industry, offering opportunities to all types of people. No matter how much time you spend around the stock market there is always more to learn, a great way to learn about these things is through a game called the Stock Market Game. The Stock Market Game is a simulation where a player gets 100,000 dollars to spend in a real time, true to life stock market situations. The stocks rise and decrease with their real life counterparts, meaning the player must learn real stock techniques, and learn how to read and predict stock changes. The player can invest in stocks, bonds, and other funds, the goal of this is to create revenue for yourself. The amount of money you make from your stocks is compared to people playing the game all around the country, whoever makes the most money, wins the game. When I was in the second grade our teacher signed us all up for the game, giving us a login, and telling us to go to a website and start researching stocks. My first year playing the game I placed 3rd to last in my region, and even further back in the national
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Things like bonds and mutual funds are wasted in the game because they do not bring enough revenue in the short period of time. That’s why I don’t think my knowledge of the Stock Market was the biggest thing I learned from this experience, I think social skills and the ability to speak in front of a large crowd was the biggest things I pulled from this experience. I had to prepare speeches, presentations, and learn how to properly present myself in front of groups of people that triple my age. I think having to do this at such a young age was crucial in building my confidence and ability to think critically and present my ideas in a way that was understandable and beneficial to the
Can We Keep Our Promises? The purpose of this paper is to provide a summary of the article called “Can We Keep Our Promises?” by Robert D. Arnott, and to help better understand the three key risks facing each investor. Robert Arnott describes risk and return as “having two sides of the same coin” meaning risk is inseparable from return. Arnott points out the most important risks that are faced by managers of company pension plans: underperforming other corporate pension funds (their peers), losing money (mostly associated with portfolio standard deviation or volatility), and underperforming the values of pension obligations and therefore losing actuarial ground.
There are many different ways to save money and there are different things to save for. A savings plan for an immediate want is apparently different than a savings strategy for retirement. One may choose to select stocks, bonds, or mutual funds for a savings strategy, however, my personal choice is to invest in bonds first, then mutual funds.
*Every semester I teach college Sociology classes I always have my students play a game of Monopoly. They don't play normal Monopoly though but one with special rules designed to teach them about how social class and wealth impact success and failure in life.*
We live in a Civilization where mankind has lost its ability to empathize with one another, but rather feed into one’s greed, selfishness, and evilness that mankind has permitted into our lives. The Most Dangerous Game and The Lottery both are stories about what happens when society, stop caring about the rules that governs us, and rather conforms to their own set of rules. These two stories articulate to readers how mankind inherits certain traditions that in the long run disturbs how we convey our surroundings. The Bible speaks about the heart of man in Jeremiah 17:19, “The heart is deceitful above all things and desperately wicked; who can know it”, in this verse the leaves no room when it comes to describing what the heart of man is.
The stock market is a vehicle to invest money. It is where consumers buy and sell fractions of companies, and is referred to as stocks. A proven method to achieve wealth while keeping up with inflation, comprised of publically held companies who offer goods and services that are used by the general public daily. Companies sell stocks to public investors in a free and open market environment on a daily basis, which is an effective strategy to build a sound financial future.
Wall Street isn’t a game of money, all stockbrokers make their millions… it is rat...
I’m sure that most students applying to Trade Quest will have some form of trading experience. I like to read books about trading and I research stocks, but have no ‘real’ experience. Around a year ago, mid-2008, I wanted to buy approximately 200 shares in Apple (which, at the time, would’ve cost around $3000) but never went through with it. I did a lot of research, however, and knew about their upcoming products, their financial situation, and I would monitor the share price everyday. Not making the transaction was my first (and smartest) trading decision, as I didn’t lose any money. You see, at this time, the financial crisis had just started to take effect, and Apple’s share price plummeted from $175 to around $80 in the 6 months that followed.
Stockbrokers are very important people in our highly economic society here in America. They are the people who keep companies and individual peoples’ money safe and yet hopefully productive. Having money sitting idly in a savings account is not even close to living up to its potential. In our current economic crisis with interest rates so low it is almost impossible to earn any good amount of money. By using a stock broker yes, there is some risk but it is heavily outweighed by the fact a person can make huge amounts of profit by playing the stock market or potentially lose it all. All these trades in the stock markets are done through people called stock brokers. To be a stock broker one must be patient and organized, enjoy taking risks, have the courage to make tough decisions, and have extensive knowledge of both business and economics.
Overall i finished in fourth place, which i am happy with. For a very long time i was in first place and was dominating everyone in the stock market. What really got me was how MBIA or MBI took a turn for the worse in the stock market, and ended up costing me $331.96 out of my profit. My ranking started in the top ten, i think during the first week i was placed 7th, and i worked my way up to first place. It did not really fluctuate during the course of the game until about 2 weeks until the game was over. That is when MBI took a turn for the worst and put me into fourth place. United States Steel Corp. is what got me the most money, i got 987.12 off of 216 stocks. MBIA was my least performing stock and cost me $331.96 in losses.
An undying love for Wall Street Growing up in a country with alarmingly low levels of foreign reserves and high levels of unemployment, I always used to wonder why my country was in such a deplorable state, to say the least. To find an answer to this question, I started reading the “Business” section in the newspapers on a regular basis, and this is what developed a strong passion and flair for finance within me. To acquire the right skills required for a successful career in finance, I decided to choose this as my major when I started college. From watching movies related to finance, such as The Wolf of Wall Street, to reading articles that expose me to current market information, I have always loved doing anything that upgrades my knowledge about this fast-paced field.
There is a sense of complexity today that has led many to believe the individual investor has little chance of competing with professional brokers and investment firms. However, Malkiel states this is a major misconception as he explains in his book “A Random Walk Down Wall Street”. What does a random walk mean? The random walk means in terms of the stock market that, “short term changes in stock prices cannot be predicted”. So how does a rational investor determine which stocks to purchase to maximize returns? Chapter 1 begins by defining and determining the difference in investing and speculating. Investing defined by Malkiel is the method of “purchasing assets to gain profit in the form of reasonably predictable income or appreciation over the long term”. Speculating in a sense is predicting, but without sufficient data to support any kind of conclusion. What is investing? Investing in its simplest form is the expectation to receive greater value in the future than you have today by saving income rather than spending. For example a savings account will earn a particular interest rate as will a corporate bond. Investment returns therefore depend on the allocation of funds and future events. Traditionally there have been two approaches used by the investment community to determine asset valuation: “the firm-foundation theory” and the “castle in the air theory”. The firm foundation theory argues that each investment instrument has something called intrinsic value, which can be determined analyzing securities present conditions and future growth. The basis of this theory is to buy securities when they are temporarily undervalued and sell them when they are temporarily overvalued in comparison to there intrinsic value One of the main variables used in this theory is dividend income. A stocks intrinsic value is said to be “equal to the present value of all its future dividends”. This is done using a method called discounting. Another variable to consider is the growth rate of the dividends. The greater the growth rate the more valuable the stock. However it is difficult to determine how long growth rates will last. Other factors are risk and interest rates, which will be discussed later. Warren Buffet, the great investor of our time, used this technique in making his fortune.
“Bi-Level Game Approaches for Coordination of Generation and Transmission Expansion Planning Within a Market Environment,” Power Systems, IEEE Transactions Vol. 28, pp. 2639 – 2650, 2013
The stock market is an essential part of a free-market economy, such as America’s. This is because it provides companies the capital they need in exchange for giving away small parts of ownership in their company to investors. The stock market works by letting different companies sell stocks to gain capital, meaning they sell shares of their company through an exchange system in order to make more money. Stocks represent a small amount of ownership in a company. The more stocks a person owns, the more ownership they have of that company. Stocks also represent shares in a company, which are equal parts in which the company’s capital is divided, entitling a shareholder to a portion of the company’s profits. Lastly, all of the buying and selling of stocks happens at an exchange. An exchange is a system or market in which stocks can be bought and sold within or between countries. All of these aspects together create the stock market.
Japan has one the most advanced economies in the world, with an advanced economy comes an advanced equity market. As other advanced equity markets are, the Japanese market is similar to the U.S. in its essential functions and its operation by the exchanges that allow its existence. The Japanese stock market is third largest in the world by market capitalization, surpassed only by the United States and China. Market participants trade over the Tokyo Stock Exchange and the Osaka Securities Exchange which combined to form the Japan Exchange Group (JPX) in 2013 (JPX.com). As of November 2015 there were 3500 companies listed as part of the JPX and over $400 billion dollars of shares traded in 2014 (World Federation of Exchanges).
In a Business Week article, Mr. Ben Steverman discuses issues facing today’s youth. The article is titles “Advice for Young Investors.” The article discuses two individuals who are 22 years of age, both are just beginning their careers. One individual is attempting to pay off student loans quickly and then save money to travel. The other individual is attempting to purchase real estate and invest within the market. Mr. Steverman discusses ten important factors for which young investors need to consider when approaching the market.