personal finances Essays - Economy, Finance, Money, Personal Finance

1 - Financial Position: this area is concerned with understanding the personal resources available by examining net worth and household cash flow. Net worth is a person's balance sheet, calculated by adding up all assets under that person's control, minus all liabilities of the household, at one point in time. Household cash flow totals up all the expected sources of income within a year, minus all expected expenses within the same year. From this analysis, the financial planner can determine to what degree and in what time the personal goals can be accomplished. 2 - Adequate Protection: the analysis of how to protect a household from unforeseen risks. These risks can be divided into liability, property, death, disability, health and long term care. Some of these risks may be self-insurable, while most will require the purchase of an insurance contract. Determining how much insurance to get, at the most cost effective terms requires knowledge of the market for personal insurance. Business owners, professionals, athletes and entertainers require specialized insurance professionals to adequately protect themselves. Since insurance also enjoys some tax benefits, utilizing insurance investment products may be a critical piece of the overall investment planning. 3 - Tax Planning: typically the income tax is the single largest expense in a household. Managing taxes is not a question of if you will pay taxes, but when and how much. Government gives many incentives in the form of tax deductions and credits, which can be used to reduce the lifetime tax burden. Most modern governments use a progressive tax. Typically, as your income grows, you pay a higher marginal rate of tax. Understanding how to take advantage of the myriad tax breaks when planning your personal finances can make a significant impact upon your success. 4 - Investment and Accumulation Goals: planning how to accumulate enough money to acquire items with a high price is what most people consider to be financial planning. The major reasons to accumulate assets is for the following: a - purchasing a house b - purchasing a car c - starting a business d - paying for education expenses e - accumulating money for retirement, to generate a stream of income to cover lifestyle expenses. Achieving these goals requires projecting what they will cost, and when you need to withdraw funds. A major risk to the household in achieving their accumulation goal is the rate of price increases over time, or inflation. Using net present value calculators, the financial planner will suggest a combination of asset earmarking and regular savings to be invested in a variety of investments. In order to overcome the rate of inflation, the investment portfolio has to get a higher rate of return, which typically will subject the portfolio to a number of risks. Managing these portfolio risks is most often accomplished using asset allocation, which seeks to diversify investment risk and opportunity. This asset allocation will prescribe a percentage allocation to be invested in stocks, bonds, cash and alternative investments. The allocation should also take into consideration the personal risk profile of every investor, since risk attitudes vary from person to person. 5 - Retirement Planning: retirement planning is the process of understanding how much it costs to live at retirement, and coming up with a plan to distribute assets to meet any income shortfall. can leave your assets to family, friends or charitable groups.

Pleonasm Definition and Examples in English

Pleonasm Definition and Examples in English Pleonasm is the use of more words than are necessary to make a point. Pleonasm may serve as a rhetorical strategy to emphasize an idea or image. Used unintentionally, it may also be viewed as a stylistic fault. Etymology: From the Greek, excessive, abundant Examples and Observations: The most unkindest cut of all.(William Shakespeare, Julius Caesar)In the farmhouse I saw, with my own eyes, this sight: there was a man, of young age and graceful proportion, whose body had been torn limb from limb. The torso was here, an arm there, a leg there. . . .All this I saw with my own eyes, and it was the most fearsome sight I ever witnessed. (Michael Chrichton, Eaters of the Dead. Random House, 1976)These terrible things I have seen with my own eyes, and I have heard with my own ears, and touched with my own hands.(Isabel Allende, City of the Beasts. Rayo, 2002)As a rhetorical figure, [a pleonasm] gives an utterance an additional semantic dimension, as in Hamlets dictum about his father: He was a man, take him for all in all, I shall not look upon his like again (Shakespeare. Hamlet, I.2.186-187), where man contains the semantic markers ( human) and ( male) contained in father and he, but according to the context it has the specific meaning ideal man.(Heinrich F. Plett, Ple onasm, in Encyclopedia of Rhetoric. Oxford Univ. Press, 2001) pleonasm. Term in rhetoric for repetition or superfluous expression. Hence, in grammar, a category is sometimes said to be represented pleonastically if it is realized by more than one affix, word, etc.(P.H. Matthews, Oxford Concise Dictionary of Linguistics. Oxford Univ. Press, 1997)Ears pierced while you wait.I forgot my PIN number for the ATM machine.Many tautological (or tautologous) expressions occur in everyday usage. The tautology in some is immediately apparent: all well and good; to all intents and purposes; cool, calm, and collected . . .. In others, it is less obvious, because they contain archaic elements: by hook or by crook.(Tom McArthur, The Oxford Companion to the English Language. Oxford Univ. Press, 1992)George Carlins Department of Pleonasms and RedundanciesI needed a new beginning, so I decided to pay a social visit to a personal friend with whom I share the same mutual objectives and who is one of the most unique individuals I have ever personally met. The end re sult was an un ­expected surprise. When I reiterated again to her the fact that I needed a fresh start, she said I was exactly right; and, as an added plus, she came up with a fi ­nal solution that was absolutely perfect.Based on her past experience, she felt we needed to join together in a com ­mon bond for a combined total of twenty-four hours a day, in order to find some new initiatives. What a novel innovation! And, as an extra bonus, she presented me with the free gift of a tuna fish. Right away I noticed an immedi ­ate positive improvement. And although my recovery is not totally complete, the sum total is I feel much better now knowing I am not uniquely alone.(George Carlin, Count the Superfluous Redundant Pleonastic Tautologies. When Will Jesus Bring the Pork Chops? Hyperion, 2004) Dougan uses many words where few would do, as if pleonasm were a way of wringing every possibility out of the material he has, and stretching sentences a form of spreading the word.(Paula Cocozza, review of How Dynamo Kiev Beat the Luftwaffe, in The Independent, March 2, 2001)Its dà ©j vu all over again.(attributed to Yogi Berra) See also: BattologyCommon RedundanciesGeorge Carlins Essential DrivelRedundancyRepetitionTautology

B-25 Mitchell in World War II

B-25 Mitchell in World War II The evolution of the North American B-25 Mitchell began in 1936 when the company began work on its first twin-engine military design. Dubbed the NA-21 (later NA-39), this project produced an aircraft that was of all-metal construction and powered by a pair of Pratt Whitney R-2180-A Twin Hornet engines. A mid-wing monoplane, the the NA-21 was intended to carry a payload of 2,20o lbs. of bombs with range of around 1,900 miles. Following its first flight in December 1936, North American modified the aircraft to correct several minor issues. Re-designated the NA-39, it was accepted by the US Army Air Corps as the XB-21 and entered into competition the following year against an improved version of the Douglas B-18 Bolo. Further altered during the trials, the North American design proved to have consistently superior performance to its competitor, but cost significantly more per aircraft ($122,000 vs. $64,000). This led to the USAAC passing on the XB-21 in favor of what became the B-18B. Development Utilizing the lessons learned from the project, North American moved forward with a new design for a medium bomber which was dubbed the NA-40. This was spurred on in March 1938 by USAAC circular 38-385 which called for a medium bomber capable of carrying a payload of 1,200 lbs. a distance of 1,200 miles while maintaining a speed of 200 mph. First flying in January 1939, it proved under-powered. This issue was soon remedied through the use of two Wright R-2600 Twin Cyclone engines. The improved version of the aircraft, the NA-40B, was placed into competition with entries from Douglas, Stearman, and Martin, where it performed well but failed to secure an USAAC contract. Seeking to take advantage of Britain and Frances need for a medium bomber during the early days of World War II, North American intended to build the NA-40B for export. These attempts failed when both countries elected to move forward with a different aircraft. In March 1939, as the NA-40B was competing, the USAAC issued another specification for a medium bomber requiring a payload of 2,400 lbs., range of 1,200 miles, and a speed of 300 mph. Further revising their NA-40B design, North American submitted the NA-62 for evaluation. Due to a pressing need for medium bombers, the USAAC approved the design, as well as the Martin B-26 Marauder, without conducting the usual prototype service tests. A prototype of the NA-62 first flew on August 19, 1940. Design Production Designated B-25 Mitchell, the aircraft was named for Major General Billy Mitchell. Featuring a distinctive twin tail, early variants of the B-25 also incorporated a greenhouse-style nose which contained the bombardiers position. They also possessed a tail gunner position at the rear of the aircraft. This was eliminated in the B-25B while a manned dorsal turret was added along with a remotely operated ventral turret. Around 120 B-25Bs were built with some going to the Royal Air Force as the Mitchell Mk.I. Improvements continued and the first type to be mass-produced was the B-25C/D. This variant increased the aircrafts nose armament and saw the addition of improved Wright Cyclone engines. Over 3,800 B-25C/Ds were produced and many saw service with other Allied nations. As the need for effective ground support/attack aircraft increased, the B-25 frequently received field modifications to fulfill this role. Acting on this, North American devised the B-25G which increased the number of guns on the aircraft and included the mounting of a 75 mm cannon in a new solid nose section. These alterations were refined in the B-25H. In addition to a lighter 75 mm cannon, the B-25H mounted four .50-cal. machine guns below the cockpit as well as four more in cheek blisters. The aircraft saw the return of the tail gunner position and the addition of two waist guns. Capable of carrying 3,000 lbs. of bombs, the B-25H also possessed hard points for eight rockets. The final variant of the aircraft, the B-25J, was a cross between the B-25C/D and the G/H. It saw the removal of the 75 mm gun and the return of the open nose, but the retention of the machine gun armament. Some were built with a solid nose and an increased armament of 18 machine guns. B-25J Mitchell Specifications: General Length: 52 ft. 11 in.Wingspan: 67 ft. 6 in.Height: 17 ft. 7 in.Wing Area: 610 sq. ft.Empty Weight: 21,120 lbs.Loaded Weight: 33,510 lbs.Crew: 6 Performance Power Plant: 2 Ãâ€" Wright R-2600 Cyclone radials, 1,850 hpCombat Radius: 1,350 milesMax Speed: 275 mphCeiling: 25,000 ft. Armament Guns: 12-18 Ãâ€" .50 in (12.7 mm) M2 Browning machine gunsBombs: 6,000 lbs. max. or 8 x 5 rockets 3,000 lbs. bombs Operational History The aircraft first came to prominence in April 1942 when Lieutenant Colonel James Doolittle used modified B-25Bs in his raid on Japan. Flying from the carrier USS Hornet (CV-8) on April 18, Doolittles 16 B-25s struck targets in Tokyo, Yokohama, Kobe, Osaka, Nagoya, and Yokosuka before flying on to China. Deployed to most theaters of the war, the B-25 saw service in the Pacific, North Africa, China-India-Burma, Alaska, and the Mediterranean. Though effective as a level medium bomber, the B-25 proved particularly devastating in Southwest Pacific as a ground attack aircraft. Modified B-25s routinely conducted skip bombing and strafing attacks against Japanese ships and ground positions. Serving with distinction, the B-25 played key roles in Allied victories such as the Battle of the Bismarck Sea. Employed throughout the war, the B-25 was largely retired from frontline service at its conclusion. Though known as a forgiving aircraft to fly, the type did cause some hearing loss problems among crews due to engine noise issues. In the years after the war, the B-25 was used by a number of foreign nations.

Journal 2 Essay Example | Topics and Well Written Essays - 1000 words

Journal 2 - Essay Example Such privacy is protected by law and through electronic means. For example, electronic financial information can be protected through Personal Identification Numbers (PIN). It is a process through which a mortgage lender repossess the property used as collateral for a loan. The lender usually auctions that property or retains ownership rights due to a default by the loaned. The main objective of a foreclosure is to obtain the principle amount and also the accrued interest. The process of foreclosure is legal and sanctioned by court. The borrower is given a specific grace period in which he or she can make payment and avoid foreclosure. An example of a foreclosure is when a person uses a house as collateral for a loan and defaults in payments. The lender then seeks foreclosure by selling the house to obtain the balance and other payments. A franchise is a legal right or privilege that is officially accorded to an individual or entity to offer certain goods or services at a specific place and time. The franchise is strictly governed by guidelines that are defined under the agreement. An example to illustrate the terms can be sourced from the MacDonalds fast food franchise. The firm (franchisor) offers licenses or enters into trade agreements (franchises) with various entities (franchisees) around the world to offer products and services under its own name. The board of directors is a group of people who are elected to establish corporate management policies and practices in regard to the activities of the company. The board jointly runs the affairs of a company and is tasked with making decisions on major issues such as hiring terms, assessing the work of executives and shareholder dividends. The board of directors is formed by the organizations bylaws and regulated by a higher authority that has no interest in the firm to ensure the rationality of decisions. The activities of the board of directors are guided by the type,

Application to the B.S. N program in New Jersey University ( Nursing Essay

Application to the B.S. N program in New Jersey University ( Nursing Program) - Essay Example HIPAA, the European Privacy Directive, and other like legislation do not concern themselves with the success or failure of a company. If a company's data is simply destroyed, then the legislation does not apply. In some cases of BCP, this type of legislation may apply, as in the case of data being maliciously copied for illegal use, and then the original source being destroyed. In this line of reasoning, the legislation that already exists is sufficient. BCP has to do with the preparation of functional copies of data that the business can use to continue to function. This will help save the business money in the case of an interruption. The success of businesses should not be legislated. It should not be against the law for a business to fail. --Doug I guess I am thinking of the stock market, banks, telecommunications, and other private companies. If they don't have a BCP and their services become unavailable, there are potentially serious consequences for the Nation. Doesn't the US government have a responsbility to ensure that critical areas have a BCP so that the country can function in case of an emergency Not tell them HOW to do it, but that they must do it and have some requirements to ensure it is being done. You are right. For example, the SCADA systems that govern the distribution/transmission of electricity and gas, must absolutely remain operational.

Harriet Beecher Stowe Essay Example for Free

Harriet Beecher Stowe Essay Born â€Å"June 14, 1811†, â€Å"Harriet Beecher Stowe†, was born to â€Å"Roxana and Lyman Beecher† (Lakewood Public Library n. p. ). This seventh sibling has a famous brother, â€Å"Henry Ward Beecher†, who is a leader of the â€Å"abolitionist movement† (Lakewood Public Library n. p. ). She also has a sister, â€Å"Catherine Beecher† who fought for the women to be educated; she played a large role in the women’s progress in terms of education (Lakewood Public Library n. p. ). In addition to that, she was married to an equally brilliant individual and popular named, â€Å"Calvin Stowe† at the age of twenty five (Lakewood Public Library n. p. ). She had seven children with this co-teacher of hers (Lakewood Public Library n. p. ). She attended the â€Å"Hartford Female Academy† to complete her education (Lakewood Public Library n. p. ). This is the same school that her sister, â€Å"Catherine Beecher† instituted when â€Å"Harriet Beecher Stowe† was only twelve years old (Lakewood Public Library n. p. ). In school, she was described as â€Å"absent-minded, moody, and weird†, however, she was also known as extremely intelligent and that she was exceedingly good in writing (Harriet Beecher Stowe, 1811 1896 n. p. ). When â€Å"Harriet Beecher Stowe† turned twenty one, she went to teach in â€Å"Cincinnati† at the â€Å"Western Female Institute†, another learning institution that her sister established (Lakewood Public Library n. p. ). Together with her sister, Catherine, she wrote and published â€Å"Geography for Children† (Harriet Beecher Stowe, 1811 1896 n. p. ). This same year, she has also been awarded with for an article she wrote and published in the â€Å"Western Monthly Magazine† entitled, â€Å"New England Sketch† (Harriet Beecher Stowe, 1811 1896 n. p. ). At the age of thirty nine, she had already accomplished a book, entitled, â€Å"Uncle Tom’s Cabin† (Lakewood Public Library n. p. ). She turned extremely famous in 1851, just a year after she has written the aforementioned book (Harriet Beecher Stowe, 1811 1896 n. p. ). In addition to the aforementioned, what made her more famous is the fact that she delivered speeches with regards to oppression/slavery that occurs in the United States, as well as, in the United Kingdom (Harriet Beecher Stowe, 1811 1896 n. p. ). When some of her critics declared that the contents of â€Å"Uncle Tom’s Cabin† was not genuine, she rose up to the challenge and wrote another book entitled, â€Å"Dred† five years after the publication of â€Å"Uncle Tom’s Cabin† (Harriet Beecher Stowe, 1811 1896 n. p. ). While she was busy delivering speeches about slavery, she also had her writings published in a journal known as â€Å"The National Era† that even the president, â€Å"Abraham Lincoln† acknowledged her brilliance and fame by saying, â€Å"So you are the little woman who wrote the book that started this great war† (Harriet Beecher Stowe, 1811 1896 n. p. ). Back then, she was not only the â€Å"most famous† writer, she was also known to be the â€Å"highest paid† one (Harriet Beecher Stowe, 1811 1896 n. p. ). She died in July 1, 1896 in Hartford, CT (Lakewood Public Library n. p. ). However, she left with so many contributions to the world of literature including the following works: â€Å"1) The Mayflower: or, Sketches of Scenes and Characters Among the Descendants of the Pilgrims; 2) Uncle Tom’s Cabin; 3) The Key to Uncle Tom’s Cabin; 4) Sunny Memoirs of Foreign Lands; 5) Dred: A Tale of the Great Dismal Swamp; 6) the Minister’s Wooing; 7) The Pearl of Orr’s Island; 8) Agnes of Sorrento; 9) House and Home Papers; 10) Little Foxes; 11) Religious Poems; 12) the Chimney Corner; 12) Men of our Times; 13) Old Town Folks; 14) The True Story of Lord Byron’s Life; 15) Lady Byron Vindicated; 16) Little Pussy Willow; 17) Pink and White Tyranny: A Society Novel; 18) Old Town Fireside Stories; 19) My Wife and I: or, Harry Henderson’s History; 20) Sam Lawson’s Oldtown Fireside Stories; 21) Woman in Sacred History; 22) Palmetto Leaves; 23) We and Our Neighbors; 24) Betty’s Bright Idea; 25) Captain Kidd’s Money and Other Stories; 26) Footsteps of the Master; 27) Bible Heroines; 28) Poqanuc People; 29) A Dog’s Mission; 30) The Poor Life; 31) the Writings; and 32) Regional Sketches† (Hedrick 3 398). Furthermore, she left with a good name (Fritz 5 – 144). The author in question played a large role as a â€Å"social reformer, philanthropist, and author†; she fought for the â€Å"African Americans† and everyone else who were victims of oppression and slavery (Fritz 5 – 144). Upon meeting slaves who were able to escape, she immediately wrote articles and actually published them; through these many people â€Å"will wake up† in the years to come (Fritz 5 – 144). If she had not started upholding such rights of the slaves and people who were oppressed, it would not have been pushed by others and slavery would still have been in its worse today (Fritz 5 – 144). During her time, the â€Å"Fugitive Slave Act† has been enacted (Fritz 5 – 144). This law made it unlawful for other individuals to help out slaves who escaped (Fritz 5 – 144). What â€Å"Harriet Beecher Stowe† did was to send a letter to a colleague and â€Å"abolitionist leader† named â€Å"Frederick Douglass† (Fritz 5 – 144). Here, she sought for an advice with regards to her articles on oppression/slavery (Fritz 5 – 144). Fortunately during this time she also had the opportunity to make her voice heard and so what she did was to discuss her writings especially with regards to slavery to help other individuals become well informed and to inspire them to help her out with her advocacies/fight (Fritz 5 – 144). On a final note, â€Å"Harriet Beecher Stowe† is a famous author who played a large role in addressing the problem on slavery in the United States and the United Kingdom through her works and delivered speeches (Fritz 5 – 144). Works Cited Harriet Beecher Stowe, 1811 – 1896. n. d. n. a. 18 November 2008. http://americancivilwar. com/women/hbs. html Fritz, Jean. Harriet Beecher Stowe and the Beecher Preachers (Unforgettable Americans). NY: Putnam Juvenile, 1998. Hedrick, Joan. Harriet Beecher Stowe: A Life. NY: Oxford University Press, 1995. Lakewood Public Library. Harriet Beecher Stowe. n. d. n. a. 18 November 2008. http://www. lkwdpl. org/wihohio/stow-har. htm

Maturation Of Scout Essay -- essays research papers

In Harper Lee’s novel, â€Å"To Kill A Mocking Bird† we see that maturation of some of the characters is clearly evident, particularly Scouts. We see this by the way she acts in front of Miss Maudie, Calpurnia and Mrs. Alexandra Finch. Beside her father, Scout probably respects and likes the most is Miss Maudie. The two of them have a great relationship and they both love each other very deeply. When Scout first introduces us to Miss Maudie (in chapter 5), she tells us all the nicest things about her. She talks about how much she and Jem trusted Miss Maudie and what a good friend she was. They trusted her because "she never told on them, never played cat-and-mouse with them, and because she was not at all interested in their private lives", (chp. 5, pg. 44-45) unlike most Maycomb people. This is also why Scout respected Miss Maudie so much and why she told her, "Miss Maudie, you are the best lady I know" (pg.45). Miss Maudie always made cakes for Scout, Jem and Dill, and she invited them over to eat them and also to play in her backyard. One summer, Scout spent the whole second half of the summer with Miss Maudie. They sat in the front porch, watched the sunset, talked, took care of Miss Maudie' s garden. That's when Scout became very close to Miss Maudie. Basically, Scout admired Miss Maudie. She was her hero. Calpurnia is a very important character in the novel. Scout has known her her whole life and has basically lived with her, but they weren't that close. Scout never liked Calpurnia very much, mostly because she always complained about her behavior. "She was always ordering her out of the kitchen, asking her why she couldn't behave as well as Jem when she knew he was older, and calling her home when she wasn't ready to come. There talking was like battling and one-sided. Calpurina always won, mainly because Atticus always took her side." (pg. 6). Another reason why Scout didn't like Calpurnia is because she made her practice writing. Then, when Scout's teacher in grade one found out that Scout can read and when Scout got in trouble for that, she blamed Calpurnia. At that time, she was too young to understand that Calpurnia only tried to help her and teach her so she would be literate and know more useful things. Even though this seems like a negative relationship and seems as if though it can never get better, the relationsh... ...and teaching her how to be a girl. Scout knows that she won't be able to have all the freedom and fun that she's had up until now and this is why she feels so depressed when she sees her aunt sitting in the front porch. She also knows that Aunt Alexandra may have some bad influence on Scout's and Atticus's relationship because Atticus has a lot of respect for his sister and he never confronted her about anything. Scout is afraid because Atticus always takes his sister's side, it could effect the relationship Scout has with her father and that and this could bring them apart. Throughout the novel, Atticus repeats to Scout an Jem the importance of seeing things from another point of view in order to understand what the other person is feeling. The theme of childhood is also another important one. The story takes place over a period of years, and the reader takes part in the adventure of the child growing up in a small Southern town. To Kill A Mocking Bird is a fascinating story about a young girl who sees the town through her little innocent eyes, this novel is a must for everyone to read because it displays racial tensions that are throughout out the town especially the citizens.