NYU Essay "Experience is what you receive when you don't get what you want." I remembered my father's words as I tried to postpone the coming massacre. Like during the fall of the Roman Empire, my allies became enemies and my foes turned into partners. In fast and furious action with property changing hands again and again, I rested my fate on the words of one man, hoping he would rescue me from this dangerous tailspin. Don't these experts realize the heartbreak they're inflicting on my young life? While the uncertainty of tomorrow's attire is the most pressing concern for many seventeen-year-olds, I must worry about much greater issues! It's August 31,the market is down over 300 points and the value of my stock portfolio is falling fast. Usually, whenever I mention the words stockbroker or investment other students snicker that I'm actually interested in "that stock market stuff." My interest in investing began when as a naïve freshmen I learned that my assistant JV basketball coach Tom Wingfield worked with Dean Witter as a stockbroker. Over the course of the season, I expressed interest in his job, and we became inseparable. Tom became my mentor, and I absorbed every word he spoke. Almost immediately, I became infatuated with the market and wanted to invest every penny I have. To the delight of my fifteen-year old brother, before school I even found myself opening the newspaper directly to the business section, giving my brother first rights to the sports page for the first time in his life. Hoping to soon enter the market, I worked at a nearby retirement home for several months and earned a little money. To help me buy more stock, my father agreed to match any amount of money I invested. I told Tom about the plan, and he thought it was fantastic. The next day, I had a stock portfolio and dreams of retiring by age 30. Three years have elapsed since that fateful November morning, and every two weeks I religiously place part of my retirement home paycheck into the market. Every small-time investor probably dreams of making a million dollars; I was no different. I pictured my meager investments taking off and my becoming a professional trader. August 31 quickly jolted me back to reality, and I was reminded of that infamous expression my father told me. No one really plays the market for experience; that's just what people say after losing money. Nevertheless, even though I'm not a multimillionaire, the experience and knowledge that I gained investing in stocks and following the financial markets is priceless and helped me define my career ambitions. Living in Charlotte has exposed me to the single largest banking merger in history, which made the city one of the world's major banking centers. The combination of my personal financial involvement, late night conversations with my dad, and observing first hand the sheer magnitude of the banking industry inspires me to turn my current hobby into something much greater! I've decided to become an investment banker.
Author, columnist, motivational speaker, television host, the personal finance guru of our time, Suze Orman worked her way from the bottom to the top with her financial knowledge to acquire her notable reputation today. “Orman started out as a financial adviser at Merrill Lynch, founding the successful Suze Orman Financial Group in 1987” (Orman 2014). Opening her own restaurant, Orman decided to invest her money with a broker at Merrill Lynch. Having zero knowledge about investing or any financial knowledge for that matter, she signed over her money to the broker which she trust that he would take the best route for her; Orman went broke within three months. “After losing all her money, Orman decided to become a broker and applied to the same Merrill Lynch office where she had lost her earlier investment” (Orman 2014). Trying to learn all she could, she eventually learned that her broker did not follow all the required policies; suing Merrill Lynch for inadequacy, Orman won the case. Ever since then she began studying and working hard for all her clients, doing all she could for them. Feeling that she could only reach out to so many people sitting in an office, Orman decided to start writing and publishing all her financial information and tips into books; such as The Courage to Be Rich, and The Laws of Money, The Lessons of Life. Once her books started flying off the shelves, Orman took her career a little further and became the host of her own television show, The Suze Orman Show. After receiving many awards and nominations, Orman still continues her weekly show to this day. Today she is now also of the columnists for Oprah’s magazine, O, and also a columnist for Yahoo Finance where she published the article, How to Take Control...
Having the chance to hear from Tyler, Martha, and Doug about their investing strategies and opinions was a fantastic experience. Each individual brought the class their own take on the financial markets and how to best move forward with rebalancing the Student Managed Investment Fund.
While traditional wealth management firms have their experts invest their client's capital, The Midas Legacy gives members a financial education, encouragement and lessons from successful traders and investors so that their members can make their own decisions. People who want their own business, those who want to buy and sell stocks and potential real estate moguls can choose their own path to wealth, with research services from The Midas Legacy helping them make wise choices. The Midas Legacy believes that anyone can learn the secrets of building wealth and then take charge of their financial
The movie begins with a young man named; Jordan Belfort, who secured a position in Wall-Street as a stocks broker, making money by selling and recommending stocks to the shareholders. However, one day the stock market crashed and to no one surprise, Jordan got fired. He started to look for a job and latter on, he secured a similar job, selling penny stocks, hard to sell, however you get 50% commission fees. As time went by, Jordan became good at what he did and decided that he could run the business himself. One of the first people he recruited was Donne Azoff, who was a good salesman and someone who wants to strive in life. Jordan then recruited some close friends, they were all good salesman, the never had any experience in the stock market, but Jordan was determined to teach them all about the new market and make them all wealth. As the team grew bigger, they’ve seen great retunes and a lot of profit. Collective Brain power and great knowledge of the business made Jordan Belfort a very successful CEO. One of the most significant quotes in the movie was: “never let the investor roll-out with the money after a hit investment, instead keep him preoccupied with new sales, while the broker makes off with the commission”. This tactic has made not only Jordan rich, but everyone who was working for him at that time. Jordan has provi...
Although nobody knows what Stonehenge was intended for or how it was created, there are many contradiction beliefs about who designed it, how Stonehenge was built and the purpose of the ancient group of standing stones on Salisbury Plain. Stonehenge seems to have been in continuous human use from about 3100BC to 1100BC. The name Stonehenge was recorded in literature from the 12th century and is thought to relate to the idea of stones hanging in the air.
Everyone was stunned at this man’s intelligence. He seemed to solve mathematical equations with proficiency. At a young age, Warren Buffet was called a mathematical prodigy. At the age of ten, he made his first investments in Service Preferred at $38 per share. After holding onto these shares, he sold them for $40 per share. He quickly regretted making the decision, the stock skyrocketed to a mouth dropping $200 dollars a share. Divested at what would he could have made, he took this as a lesson. He learned that patience is key when investing.
As Stonehenge is approached, the forty giant stones seem to touch the sky. Most of the stones stand twenty-four or more feet high. Some stones weigh as much as forty tons. Others are smaller, weighing only five tons. At first glance, the stones may seem to be a natural formation. But a closer look shows that only human imagination and determination could have created Stonehenge.
I was a regular person working at the boeing factory making biplanes including the boeing XP-8. It was a good job I got paid well and I never went hungry. I proceeded to invest my money in the stock market and I invested it on boeing stock to make a return on every plane I make. I made a lot of money. But I didn’t buy a lot. I had a ford model T and a small home. But what I did invest in was a heavy duty security system. I didn’t use a bank because of the fact that all of the gangsters and mobsters. So I literally slept on my money. I went to my work again in october and after I did my work I then bought a refrigerator and saved a lot of my food. I never bought on
In the two weeks before trading, I watched several stocks on Yahoo Finance, gaining information from colleagues, and researching the Internet for possible options. I started by typing in random tickers into Yahoo’s search bar. Then, I would look at the fifty-two week range. If the current price was closer to the lowest price in the past year, I would look at the five year chart to see how each stock fared. Once I saw there was a decent profit margin, I made note of the stock to purchase on MarketWatch Virtual Stock Exchange when it opened on January 28th. In addition, some of my fellow classmates advised me on stocks, in which, they received a great return from. Since I learned never to trust web sites and people when it came to the stock market, I know I should double check by looking at charts, financial statements, and past history before making a decision on whether or not to purchase a corporation’s stock. Moreover, search engines such as Google aided in the search for stocks. I looked up the best stocks to buy, and what stocks are increasing in price. Although this tactic was not very helpful, I did gain some valuable information from penny stocks. Even though the minimum stock price on MarketWatch is two dollars, I found a couple that were over the entry amount. Overall, I believe I was well prepared to enter this investment game with complete confidence.
Millions of people in today’s society entrust their money to various financial markets in an attempt to seek high returns or gains for taking certain risks or even simply creating nest eggs so they can take advantage when their [retirement] day comes. Whether you are investing for short term gains or planning for retirement, a risk is certainly what is being taken when investing your hard earned money. Investors should certainly make informed decisions regarding investment opportunities and heavily scrutinize all potential investments. Unfortunately, as we have seen in recent history with Enron and Bernie Madoff, there are companies and/or individuals that are among us trying to take advantage of what they feel is an opportunity to make easy money. Essentially, these companies and/or individuals are committing some type of financial fraud to cover up their “robbing Peter to pay Paul” type schemes (Museum of…, 2010).
Finance is a field that had always fascinated me right from my undergraduate college days. What make me interested in this particular field of study are the art of finance and the complexity of investment market which would allow me to employ my personal skills, such as analytical and communication skills, along with my personal characteristics such as dedication and compassion for what I do. As one of the most important sector in the world, I believe it would provide me with a broad range of career options.
Undoubtedly, the underlying theme of the Romantic Movement – consisting of artists such as Wordsworth – resonates in their emphasis on nature. The first book of The Prelude immediately introduces the value Wordsworth himself places on nature. Conveying his opinion from a mature point of view, he expresses a sense of relief and peace in returning to the nature of the Lake District. Sentiments of freedom and relaxation surround Wordsworth as he enjoys the quiet of nature, free from the tumult of civilization. Similar to other Romantics, Wordsworth discovers great understanding from his experiences in nature, which ultimately shape his maturation. Wordsworth's connection to nature births the optimism and creativity attributed to his character, which remain throughout the epic. For example, he characterizes the breeze by articulating his observations in saying,
The crucial importance and relevance of economics related disciplines to the modern world have led me to want to pursue the study of these social sciences at a higher level. My study of Economics has shown me the fundamental part it plays in our lives and I would like to approach it with an open mind - interested but not yet fully informed.
The rose is used to represent Ireland, but it could also be seen as Maud Gonne, Yeats' always unrequited love. The story of Yeats' relationship with Maud Gonne runs parallel with his relationship with the mythical worlds as described here; that of always being a little beyond his grasp. The similarity is emphasised by the somewhat foreboding atmosphere of the žrst stanza, and the beginning of the second:
What Wordsworth names and represents as nature is the ruling power working tacitly and harmoniously, reconciling discordant elements, building up the mind and perhaps the cosmos itself.