Wednesday, March 26, 2014

Grades

My grades are good I have As and Bs in all my classes I just want them to stay like that I don't want Any Cs I am happy with my grades I have As on English and Econ. I'm nervous about the next quarter i just want them to stay up and finish strong

Monday, March 24, 2014

4th Quarter

Incredible!  It's already here!!  We have made it through 3/4's of the year (maybe even a bit more) and the light is finally visible at the end of the tunnel!  With that said, as exciting as 4th quarter arriving can be, it does have the potential to be not only exciting but frightening as well!  Now that the 4th quarter has arrived for you, what are some things you are incredibly excited about with the end of the school year on the horizon and what are some things that you are nervous, concerned about as June arrives?  Is there anything you want to make sure you do/accomplish before you leave M-A for the year?


I'm excited that I'm leaving high school and starting my Grown up life and it's scary but at the same time it is a good thing that I am looking forward too I can't believe time flew right now it is getting stressful and I am trying to see that my best option is available. I am stressed about the test I will have to take but I feel like I can study a lot with all the things that is happening. I just want to finish with college at least commutiy  college done in two years.

Friday, March 21, 2014

“Sure, I’d Make That Bet”

  1. Why did these banks pay such large bonuses in 2008
  2. What grade would you give the decision to award these bonuses?
  3. Finally, how might the prospect of such large bonuses affect the behavior of employees? In theory, people have an incentive to perform well if they make more money when their contribution to their bank’s profits is greater. But what happens to the employees when the bank loses money or collapses? If the banks still pay bonuses, and employees know losses will be borne by investors and taxpayers, will they take on too much risk?
Banks pay large bonuses in 2008  because they would loan rich people money and they would go to bankruptcy. I would give these bonuses a low grade because it is taking money from our tax and the money payed of tax are people like my parents. This is wrong because thing that should be invested in education is invest instead in  in paying so rich people can have humongous loans. Large bonuses can destroy our life in several ways like getting a house later in the future but being charge a lot and then I might not be able to pay it and being charged the triple A fine after when I should not be charged this high. Like the video showed college being the problem to make up the career of our dreams.

Tuesday, March 18, 2014

It’s Utterly Mad

  1. Why might they have done this? 
They did because they people giving out the the loan were the ones receiving high pay and didn't care and it didn't seem as a problem to them because they had money it became a huge mess and it didn't work out everything they did was a bad idea. Everyone lost mooney expect for the bankers or loan givers.
  1. Was it an innocent mistake, which surprised the banks and rating agencies as much as it surprised most investors? Or was it an intentional ruse, which generated phantom profits and bonuses, even as it sowed the seeds of financial destruction?
I feel as if they did because they didn't really care because all of  employes would get huge amount of money they had houses everywhere. They had a lot of money they had to be blind I feel like they knew but since they got a lot of money they didn't care since it wasn't there problem we lost a lot of money I don't think it was fair. 
  1. How, exactly, was it “mad”?
It was mad because everyone was buying houses and everyone was getting zero interests which made a big impact everyone wanted a house but they if the prices went down they got mad since they were paying a lot more so people would leave the house but the banks would charge then and both ended up losing everything was going crazy.

Monday, March 17, 2014

Luck of the Irish

Good Morning and Happy St. Patrick's Day! While in middle and high school here in America St. Patrick's Day tends to be a day to wear all green and pinch your friends who don't, the holiday is very real and a celebration native to Ireland. To kick off the morning today, it only seemed appropriate to spend a moment looking into the true meaning of the holiday. For your post, share what or whom the celebration of St. Patrick's Day actually commemorates and 3 interesting/fun facts you can find about the holiday! Thanks and we will continue with the Inside Job shortly.

Saint Patrick's Day or the Feast of Saint Patrick, "the Day of the Festival of Patrick") is a cultural and religious holiday celebrated annually on 17 March, the death date of the most commonly-recognised patron saint of Ireland, Saint Patrick 
religious feast day for the patron saint of Ireland has become an international festival celebrating Irish culture with parades, dancing, special foods and a whole lot of green.

St. Patrick wasn't Irish, and he wasn't born in Ireland. Patrick's parents were Roman citizens living in modern-day England, or more precisely in Scotland or Wales

At the age of 16, Patrick had the misfortune of being kidnapped by Irish raiders who took him away and sold him as a slave. He spent several years in Ireland herding sheep and learning about the people there. 

According to legend, St. Patrick drove all the snakes, or in some translations, "toads," out of Ireland. In reality, this probably did not occur, as there is no evidence that snakes have ever existed in Ireland, the climate being too cool for them to thrive. 


Friday, March 14, 2014

The Inside Job Pt. 1

What is a loan?  Do you know anyone who has borrowed money to buy a house?  Who lent them the money?  Did the borrower have to make a down-payment?  Why?

In addition, it is important to know that if a borrower has a bade credit history, as about 1 in 4 peoples do, then their loan is known as a "sub-prime" mortgage.  Why would a bank even consider making a sub-prime loan? 


A loan is money that is provided to you now that you must repay later. Typically, lenders will give you a single immediate payment. In return you will be expected to send them smaller payments each month.  But there will always be interest which most of the time is high. Yes Ernesto aunt recently got a loan but there was for a brand new house everything had to me new to be able to get the loan and they check everything they did have to have some money and they also needed to know info about the job the manger had to write a letter on how much money they made and to make sure they were responsible and can in fact pay everything.
Banks want money coming in a sometimes it's rare they do given out loans to people that have jobs but can have a chance paying of paying but they have a really high interest loan. They get money coming in. 

Wednesday, March 12, 2014

Creditworthiness

discuss in your opinion what creditworthiness is. Feel free to discuss it on two levels. What would creditworthiness be in your life as of today and what does creditworthiness describe in regards to people borrowing money from a financial institution? Thanks and we will get started shortly

An assessment of the likelihood that a borrower will default on their debt obligations. It is based upon factors, such as their history of repayment and their credit score. Lending institutions also consider the availability of assets and extent of liabilities to determine the probability of default. It means that basic on your passed creidt history it talks about the diffecne of the changes that may affect it. it starts about if you want a loan or etc they check everything. They try to ask question and see if you are actually responiable and can affect the differnt types of things that can help you or not give you any borrowed  money.Borrowing money from bank makes everything safe and it makes things happen and helps with support and you wont lose money like having it on your wallet or house.

Finance Park!

Last week you spent two days learning more about taxes, where they go and how they are determined.  What did you find most interesting about this unit?  What are the 3 types of taxes that are collected and how is that money reinvested into our society and/or our government.

Income tax sale tax and property tax are the three types of taxes. All the moneys goes to the government and that helps with health care and other things. In the end of the year most people get there money back. It goes to your social security and builds up with time.

1.  In San Mateo County, how is the amount of property tax due each year determined?

Its depends how much you make and how many people you have in your house hold and how many kids you have and how much your partner makes it's all about your situation.
2.  If you were going on an all out shopping spree, which state(s) would you most want to be shopping in?
Oregon because they don't have any taxes there and it's much cheaper

3.  What, in your opinion, is the best use for income tax money that is collected?


It's goes to government and it is also helps other things everyone needs like health care and food stamps and most things like jails and etc 

Monday, March 10, 2014

The Simple Post!

http://lifehacker.com/three-self-exams-everyone-should-perform-regularly-1539837210

Today's blog post is simple - find an online blog on a subject you are interested in and share the blog on yours. After including the link, tell us what the title and subject of the blog is and what you find interesting about it. Finish off your blog by highlighting how your weekend was, did you do anything particularly fun and/or exciting? Thanks! I know it's a little off topic in relation to Economics but a little variety never killed anyone

The blog talked about how you should examine your self at least once a month because you can get cancer at any given moment. You need to get your skin checked because you might get skin cancer and other things that can affect your health. That can harm your body and it can also affect your family . You need to put your health first because you never know what can happen it's better to be safe instead of hurting it. My weekend was good I went to the mall to buy my birthday present but I only got one thing and I went to two malls. Sunday I went to a store didn't find anything and just stayed home and relax.

Friday, March 7, 2014

Let's Get Rich!

Part 1:  What do you think would be your investing style if you were to invest in the stock market?  Would you invest and how would you choose your stocks?  Would you choose stocks that are safe and might increase gradually over time or would you be a bit riskier and look for stocks thathave a lot of potential to be successful (but the same chance of failing).

Part 2:  What are some ways you can invest in yourself to ensure you have as many opportunities as possible?  What do you think the keys are to your personal and financial success moving forward?

I would choose something that is very popular and something that people buy a lot and could go up very quickly I wouldn't go for something that is barely coming out because I wouldn't know how it will go I want to make money but lose any. Honestly in real life I wouldn't go for stocks.

To make sure I don't always over spend and also always save some money when it is coming in and not touch until later on or in emergency. My goal is to get a house that I can be happy in houses are very expensive. 


Wednesday, March 5, 2014

THE STOCK MARKET!!!

 if you can find the most expensive stock on the stock market today!! What is a stock and what are some of the pros and cons of investing your money in the stock market!?!?

They’re the Rolls-Royce of stocks. When you put your money down for shares of Seaboard Corp. or Priceline.com Inc., they don’t come cheap. One share of Seaboard, a global food, energy and transportation company based in Shawnee Mission, Kan., will cost you $2,710. And Priceline? Try $989.03 a share. That’s well beyond the reach of most investors. But as heady as those prices are, they dwell deep in the shadows of Berkshire Hathaway Inc. Because one share of Warren Buffett’s multinational conglomerate is currently going for $168,205. That’s enough to buy a median-priced two-bedroom home in Las Vegas with $74,205 left over — or nine brand new Honda Civics.
A stock is a investment that you can choose that makes a huge difference you buy a stock and if that company is doing good you can get a lot of money.
 stock is an ownership share in a corporation. Each of these shares denotes a part ownership for a shareowner, stockholder, or shareholder, of that company. Stocks are traded on exchanges all over the world, the largest is the New York Stock Exchange or NYSE. Stocks are identified by their ticker symbol. For example, General Electric is identified as GE. Investors can buy a share in companies, or a share of a diversified global portfolio of stocks. Individual Investors can purchase shares for themselves, at a brokerage of their choice, or direct from the company, wherever they have an account set up.