Monday, December 12, 2011
Wednesday, November 30, 2011
VOCABULARY
Stocks- A type of security that shows ownership in a corporation and represents a claim on part of the corporation's earnings and assets.
--I bought 300 shares of Under Armour's stocks and I am now losing money because Under Armous is not doing well economically.
Bonds- a debt instrument used by an investor loaning money to a corporate or governmental entity that borrows the funds for a period of time with a fixed interest rate.
--I bought a bond worth two thousand dollars and after five years I was paid back three thousand.
Dow Jones-an indicator of stock market prices and condition based on the share values of 30
blue-chip stocks traded on the NYSE
--The Dow Jones indicated that the stock market was struggling when it went down .76%.
Equity-A stock or any other security representing an ownership interest.
--The Smith's bought a house for 100,000 dollars and paid 50,000 dollars so their equity 50,000 dollars.
Growth Stock- shares in a company whose earnings are expected to grow at an above average rate.
--I thought investing in Wal-Mart would be a good idea because they are known for their growth stock.
Earnings-amount of profit produced by a company
--I think Nike is more successful than Addidas because their earnings seems to be way higher than Addidas.
Dividend- money paid to a number of people (usually shareholders) by a company
--I work at The Merc and we give out the dividend to our 500 shareholders annually.
Private Companies. vs Public Companies- private don’t offer shares to be sold to the public but public company does.
--I wanted to invest in Addidas, but they are a private company so instead I invested in Under Armour which is a public company.
Risk- the chance that an investment's actual makings will be different than expected.
--Today there is a huge risk factor in the stock market because our economy is in poor condition.
Small Cap- a company with a market capitalization of between $300 million and $2 billion.
--Forward Industries Inc. is a small cap company with a market cap of $17.14 million.
Mid Cap- company with a market capitalization of between $2 and $10 billion.
--Under Armour is a mid cap compnay I invested it with a market cap of $3.37 billion.
Large Cap- a company with a market capitalization of over $10 billion.
--Dell is a large cap company because its market cap. is $29.85 billion.
The Number of the Dow and where it comes from- The Dow Jones is found by the average price of 30 of the largest stocks being traded
--The Dow Jones has gone up because the top stocks are all trading for more money.
S and P 500- The Standard and Poors 500, it is an index made up of 500 large-cap stocks; it is the benchmark for the overall market.
--When the stock market is in poor condition, it seems like there is no way it will reach the S and P 500.
Russell 2000- Index measuring the performance of 2000 small companies.
--Google is way too big to be considered in the Russell 2000.
Treasury Bond- A bond with a fixed interest rate issued by the government, with a maturity of more than ten years.
--I was given a treasury bond of $200 with a twelver percent interest rate, so in ten years I owe the government $224.
Inflation- The rate at which the general level of prices for goods and services is rising.
--The poor economy has caused inflation so milk is now $7!! (not really)
Gross Domestic Product- The money value of all the finished goods and services produced within a country's borders in a specific time.
--My house contributes to the GDP, but the wood it was built with does not!
Currency- General name for money.
--The currency in the DR is different than the U.S. dollar; there, it is a peso!
Infrastructure- the basic physical systems of a business or nation
--Roads are part of our country's infrastructure.
Economy- the large set of related economic production and consumption activities which aid in determining how resources are used.
--The United State's economy has been causing people to spend less money and companies have been struggling with business.
Economic System- the system of production, distribution and consumption.
--The economic system is a constant system unlike supply and demand that can waver.
Supply and Demand-price determination for merchandise in a market.
--When the supply of corn is really low, but a lot more people wanted it, my dad raised the price!
Interest-charge for borrowing money
--I borrowed ten dollars from Kelsey but she charged me interest so I had to pay her back twelve dollars.
Assets-items owned of economic value that can be sold for cash
--When we went into debt, we had to sell every possible asset.
Acounts Payable-money which a company owes to vendors for products and services purchased on credits; debt payments.
--Whent he store's accounts payable consistently kept them from earning profit, they knew they had to close.
Accounts Receivable- money owed to a business by its clients
--We were afraid business was going to be bad, but then our accounts receivable proved much higher than accounts payable.
Amortize-to pay off the cost off an amount by periodic payments
--I have amortized three-fourths of my car loan so I now owe only $2000.
Economic Index-data on a macroeconomic scale used to interpret current or future investments possibilities; used to judge overall health of the economy
Depreciation-when the value or priceof an item is lowered
--Because of the depreciation of my car, I was only able to sell it for for half the original price.
Gross Margin- profits divided by net sales
--We sold 200 glasses of lemonade for fifty cents each so our gross margin was twenty-five cents.
Earnings Per Share-the portion of a company's profit set aside to be given to each outstanding share of common stock
--Our company calculated our earnings per share to help us figure out our profitability.
LIABILITIES- financial obligations or debts
OVERHEAD EXPENSE-income not directly related to goods or services
OWNERS EQUITY-A stock or any other security representing an ownership interest--readily sell the item for cash, no debt
PRODUCTION COST-cost of producing a good or providing service
WORKING CAPITAL- a measure of both a company's efficiency and its short term financial health
LOAN
LOSS LEADER-offering a product or service that is not profitable so they can offer another product/service for greater profit to attract customers
SCARCITY-economic problem--unlimited wants, limited resources
OPPORTUNITY COSTS-the cost of an alternative in order to pursue a certain action
EXPLICIT COSTS-clear obvious cash outflows
IMPLICIT COSTS-costs not easily accounted for, time/effort
PRICE
RELATIVE PRICE
INCENTIVES(a fee) paid to a fund manager by investors
PROFIT
LOSS when expenses exceed the overall income
EQUILIBRIUM- supply and demand balance each other, price becomes stable
SURPLUS- assets exceed liabilities, income exceeds expenditures, exports exceed imports
SHORTAGE-demand for product or service exceeds the supply
MINIMUM WAGE- minimum amount of compensation an employee must receive for labor
PRICE FLOOR- lowest price the governemtn allows a good to be sold
BEAR MARKET market condition where the prices of securities are falling
BULL MARKET prices of securites are rising (good)
BOOM- sales of a product or business activity increases rapidly
BILL OF EXCHANGE- A non-interest written order used in international trade that binds one party to pay a fixed sum of money to another party at a predetermined future date.
BUDGET DEFICIT- A financial sitution when an entity has more money going out than coming in
CAPITAL-financial assets
SHORT SELL- the act of short selling securites that you already own. result: your gains in stock are equal to your losses
SHORT COVER-buying securites in order to close an open short postion
--I bought 300 shares of Under Armour's stocks and I am now losing money because Under Armous is not doing well economically.
Bonds- a debt instrument used by an investor loaning money to a corporate or governmental entity that borrows the funds for a period of time with a fixed interest rate.
--I bought a bond worth two thousand dollars and after five years I was paid back three thousand.
Dow Jones-an indicator of stock market prices and condition based on the share values of 30
blue-chip stocks traded on the NYSE
--The Dow Jones indicated that the stock market was struggling when it went down .76%.
Equity-A stock or any other security representing an ownership interest.
--The Smith's bought a house for 100,000 dollars and paid 50,000 dollars so their equity 50,000 dollars.
Growth Stock- shares in a company whose earnings are expected to grow at an above average rate.
--I thought investing in Wal-Mart would be a good idea because they are known for their growth stock.
Earnings-amount of profit produced by a company
--I think Nike is more successful than Addidas because their earnings seems to be way higher than Addidas.
Dividend- money paid to a number of people (usually shareholders) by a company
--I work at The Merc and we give out the dividend to our 500 shareholders annually.
Private Companies. vs Public Companies- private don’t offer shares to be sold to the public but public company does.
--I wanted to invest in Addidas, but they are a private company so instead I invested in Under Armour which is a public company.
Risk- the chance that an investment's actual makings will be different than expected.
--Today there is a huge risk factor in the stock market because our economy is in poor condition.
Small Cap- a company with a market capitalization of between $300 million and $2 billion.
--Forward Industries Inc. is a small cap company with a market cap of $17.14 million.
Mid Cap- company with a market capitalization of between $2 and $10 billion.
--Under Armour is a mid cap compnay I invested it with a market cap of $3.37 billion.
Large Cap- a company with a market capitalization of over $10 billion.
--Dell is a large cap company because its market cap. is $29.85 billion.
The Number of the Dow and where it comes from- The Dow Jones is found by the average price of 30 of the largest stocks being traded
--The Dow Jones has gone up because the top stocks are all trading for more money.
S and P 500- The Standard and Poors 500, it is an index made up of 500 large-cap stocks; it is the benchmark for the overall market.
--When the stock market is in poor condition, it seems like there is no way it will reach the S and P 500.
Russell 2000- Index measuring the performance of 2000 small companies.
--Google is way too big to be considered in the Russell 2000.
Treasury Bond- A bond with a fixed interest rate issued by the government, with a maturity of more than ten years.
--I was given a treasury bond of $200 with a twelver percent interest rate, so in ten years I owe the government $224.
Inflation- The rate at which the general level of prices for goods and services is rising.
--The poor economy has caused inflation so milk is now $7!! (not really)
Gross Domestic Product- The money value of all the finished goods and services produced within a country's borders in a specific time.
--My house contributes to the GDP, but the wood it was built with does not!
Currency- General name for money.
--The currency in the DR is different than the U.S. dollar; there, it is a peso!
Infrastructure- the basic physical systems of a business or nation
--Roads are part of our country's infrastructure.
Economy- the large set of related economic production and consumption activities which aid in determining how resources are used.
--The United State's economy has been causing people to spend less money and companies have been struggling with business.
Economic System- the system of production, distribution and consumption.
--The economic system is a constant system unlike supply and demand that can waver.
Supply and Demand-price determination for merchandise in a market.
--When the supply of corn is really low, but a lot more people wanted it, my dad raised the price!
Interest-charge for borrowing money
--I borrowed ten dollars from Kelsey but she charged me interest so I had to pay her back twelve dollars.
Assets-items owned of economic value that can be sold for cash
--When we went into debt, we had to sell every possible asset.
Acounts Payable-money which a company owes to vendors for products and services purchased on credits; debt payments.
--Whent he store's accounts payable consistently kept them from earning profit, they knew they had to close.
Accounts Receivable- money owed to a business by its clients
--We were afraid business was going to be bad, but then our accounts receivable proved much higher than accounts payable.
Amortize-to pay off the cost off an amount by periodic payments
--I have amortized three-fourths of my car loan so I now owe only $2000.
Economic Index-data on a macroeconomic scale used to interpret current or future investments possibilities; used to judge overall health of the economy
Depreciation-when the value or priceof an item is lowered
--Because of the depreciation of my car, I was only able to sell it for for half the original price.
Gross Margin- profits divided by net sales
--We sold 200 glasses of lemonade for fifty cents each so our gross margin was twenty-five cents.
Earnings Per Share-the portion of a company's profit set aside to be given to each outstanding share of common stock
--Our company calculated our earnings per share to help us figure out our profitability.
LIABILITIES- financial obligations or debts
OVERHEAD EXPENSE-income not directly related to goods or services
OWNERS EQUITY-A stock or any other security representing an ownership interest--readily sell the item for cash, no debt
PRODUCTION COST-cost of producing a good or providing service
WORKING CAPITAL- a measure of both a company's efficiency and its short term financial health
LOAN
LOSS LEADER-offering a product or service that is not profitable so they can offer another product/service for greater profit to attract customers
SCARCITY-economic problem--unlimited wants, limited resources
OPPORTUNITY COSTS-the cost of an alternative in order to pursue a certain action
EXPLICIT COSTS-clear obvious cash outflows
IMPLICIT COSTS-costs not easily accounted for, time/effort
PRICE
RELATIVE PRICE
INCENTIVES(a fee) paid to a fund manager by investors
PROFIT
LOSS when expenses exceed the overall income
EQUILIBRIUM- supply and demand balance each other, price becomes stable
SURPLUS- assets exceed liabilities, income exceeds expenditures, exports exceed imports
SHORTAGE-demand for product or service exceeds the supply
MINIMUM WAGE- minimum amount of compensation an employee must receive for labor
PRICE FLOOR- lowest price the governemtn allows a good to be sold
BEAR MARKET market condition where the prices of securities are falling
BULL MARKET prices of securites are rising (good)
BOOM- sales of a product or business activity increases rapidly
BILL OF EXCHANGE- A non-interest written order used in international trade that binds one party to pay a fixed sum of money to another party at a predetermined future date.
BUDGET DEFICIT- A financial sitution when an entity has more money going out than coming in
CAPITAL-financial assets
SHORT SELL- the act of short selling securites that you already own. result: your gains in stock are equal to your losses
SHORT COVER-buying securites in order to close an open short postion
Sunday, November 27, 2011
Friday, November 18, 2011
Candy Blog
I walked into the room it was dark noisy. I was scared and didn't know what to do, there was candy every where so for a minute I thought that I was in heaven. Mr.Kapptie told us to pick up all of the candy that we could, so I figured.. well... i should probably do something and pick some up. But, we had something that no one else had... Dewey... He collected so much! I didn't even know what to do with myself.
Then, Mr. Kapptie said that we were supposed to trade or something?... Well, my group didn't exactly do that. Since Dewey had done some serious work, i figured, that since every kind of stock there was, no matter if they would go up, down, or anyway possible we would win no matter what. Because we had more candy than anyone else because really, we just had more candy than anyone. So then, people tried trading with us and he sadly... denied everyone that approached us. But, then again, it was still all very confusing because it was so hot and loud.
So it started to come closer and closer to the end and all the other people in the room gave up on trying to trade with us. But, we knew that we were going to win since from the every beginning... So i guess the way that we won was considered either, the early bird gets the worm, or we just cheated and had a crazy/klutzy/weird/kid with no friends named Dewey. But, i love that man, and he really stepped out on the court/room ready to play and gather that candy. So even though we traded none, we still had twice as much money as the second place winner in the class... So in other words... I had a successful experience in the "Pit".
Then, Mr. Kapptie said that we were supposed to trade or something?... Well, my group didn't exactly do that. Since Dewey had done some serious work, i figured, that since every kind of stock there was, no matter if they would go up, down, or anyway possible we would win no matter what. Because we had more candy than anyone else because really, we just had more candy than anyone. So then, people tried trading with us and he sadly... denied everyone that approached us. But, then again, it was still all very confusing because it was so hot and loud.
So it started to come closer and closer to the end and all the other people in the room gave up on trying to trade with us. But, we knew that we were going to win since from the every beginning... So i guess the way that we won was considered either, the early bird gets the worm, or we just cheated and had a crazy/klutzy/weird/kid with no friends named Dewey. But, i love that man, and he really stepped out on the court/room ready to play and gather that candy. So even though we traded none, we still had twice as much money as the second place winner in the class... So in other words... I had a successful experience in the "Pit".
Tuesday, November 15, 2011
Game Standards
1. Students, formulate solutions to solve economic problems.
- One problem that might arise is the amount of space that I use and the amount that is wasted. One way that I can try to avoid this is to stack and pinch the buildings and everything else as close as possible. That way, i can save money on buying more land.
2. Students, explain how different economic systems are organized for production distribution, and consumption of goods and services.
- There are many things that can stop you from building or opening a business. One thing that is major is having enough energy and meeting an ecosystem standard. So to avoid this, I built as many wind mills and trees and parks, so that my building would never be affected at any time for lack of.
3. Students, demonstrate an understanding of economic principals that influence individual financial planning.
- I don't try and make as many buildings at a time and then just do a small profit, i try and upgrade one business as much as i can till each profit is to the maximum. Then, i just keep proceeding as the game goes on.
4. Students, evaluate the impact of technology and how it has shaped history and influenced the modern world.
- In this game, technology has help us expand, because the new technology in construction has given us the ability to upgrade and make building bigger, taller, and much more affective and efficient.
5. Students, analyze current events to better understand the world in which they live in.
- When we are together as peers we discuss new or better ways to be more successful in the game. Also, in the game, Halloween for example makes new ventures to complete.
6. Students, explain how past events impact the present and the future.
- Past events can affect a ton of things. From the past events, like when i first started the game, it can affect the future by how i have learned to play the game and how to be the most successful for the future.
7. Students, interpret charts, maps, and graphs to answer question dealing with people, places, events, and environments.
- I interpret charts in the game in order to get people that i need in order to be successful and to hire them so i can then, fill in that occupation. I can then run a business or store. Also, i see the charts that say i need more energy or Eco systems, so i can then fix that and move on.
8. Students, demonstrate an ability to organize and process information about people, places, and environments.
- I organize and process the information about the people i need to hire by making small mental notes of how and what i need to buy in order to get the tool or thing that makes me able to hire that certain person. Also, i make sure i am always ahead of the curve when it comes to energy, Eco system, and the amount of people in my game.
- One problem that might arise is the amount of space that I use and the amount that is wasted. One way that I can try to avoid this is to stack and pinch the buildings and everything else as close as possible. That way, i can save money on buying more land.
2. Students, explain how different economic systems are organized for production distribution, and consumption of goods and services.
- There are many things that can stop you from building or opening a business. One thing that is major is having enough energy and meeting an ecosystem standard. So to avoid this, I built as many wind mills and trees and parks, so that my building would never be affected at any time for lack of.
3. Students, demonstrate an understanding of economic principals that influence individual financial planning.
- I don't try and make as many buildings at a time and then just do a small profit, i try and upgrade one business as much as i can till each profit is to the maximum. Then, i just keep proceeding as the game goes on.
4. Students, evaluate the impact of technology and how it has shaped history and influenced the modern world.
- In this game, technology has help us expand, because the new technology in construction has given us the ability to upgrade and make building bigger, taller, and much more affective and efficient.
5. Students, analyze current events to better understand the world in which they live in.
- When we are together as peers we discuss new or better ways to be more successful in the game. Also, in the game, Halloween for example makes new ventures to complete.
6. Students, explain how past events impact the present and the future.
- Past events can affect a ton of things. From the past events, like when i first started the game, it can affect the future by how i have learned to play the game and how to be the most successful for the future.
7. Students, interpret charts, maps, and graphs to answer question dealing with people, places, events, and environments.
- I interpret charts in the game in order to get people that i need in order to be successful and to hire them so i can then, fill in that occupation. I can then run a business or store. Also, i see the charts that say i need more energy or Eco systems, so i can then fix that and move on.
8. Students, demonstrate an ability to organize and process information about people, places, and environments.
- I organize and process the information about the people i need to hire by making small mental notes of how and what i need to buy in order to get the tool or thing that makes me able to hire that certain person. Also, i make sure i am always ahead of the curve when it comes to energy, Eco system, and the amount of people in my game.
Subscribe to:
Posts (Atom)