Job Shadow

Week 9 Stocks

Job Shadow

On Wednesday, December 7th, I will be job shadowing Lynda Brown at Advantage Rehab. Lynda Brown is a physical therapist there. She also has an office in Cody. I will be arriving at 8:00a.m. because she arrives at 7:00a.m. and her assistant said to treat it like a regualr school day. I will be leaving around 3 p.m. She can work as late as 6 p.m. depending on her patients that day. I will be getting lunch off for an hour, which she also does. Her assistant also told me to wear casual clothes, like jeans would be fine. I will still wear cacky pants though because they fit like jeans, but will be more professional to wear that day. I hope to learn about if they go through the same routine daily and it gets kind of boring or if the days change up because different patients have different priorities.
To become a physical therapist you must gain a bacholars degree then gain a two year program for a physical therapy license.they work with disabled patients who have a physical disability or have been injured and help them recover with physical therapy and exercises. Physical therapist usually work for a hospital, rehab center, or open a private business. They can be paid from $65000-$75000. They work wherever there are people. I'm interested in becoming one because I like helping people, interested in anatomy and injuries but without all the blood. Im really excited to work with lynda because I've known her for some personnel physical therapy and family friend, and seeing if this could be my dream job.

Video

1: What is your opinion about the video? I feel like senators should not be allowed to buy stocks!If they always have insider information that the public can't have then it's not okay to buy the stocks since they know more information then a common person investing or trading and it's not. I don't think any senators or congressmen should be able to buy stocks in the end because they don't get in trouble for it or else it should be illegal instead of getting a pass.
2: What can you do about your opinion? How can I make my opinion count?
I can write to my congressman to let them know how I feel or senators to see if they understand how unfair it is. I can also make sure I vote in the next election for my opinion to count, so I help decide who I want to represent me and my stocks.
3:What is insiders trade? Insiders trade is non-public information about a company trade that is illegal to use to buy stocks except for congressman and senators.
What is the information that caused Martha Sterwart to go to prison?
Imclone Systems were selling, and all their stock prices were going to plunge.
4: What is black Friday? When did it get its name? What is Cyber Monday?
Black Friday is the day where everyone spends their money for Christmas the day after Thanksgiving. It got it's name Oct. 28, 1929. Cyber Monday is the Black Friday, except on a Monday and over the internet.

Week 8 Stocks

Candy Stock

Walking into a dark sweltering room in the library, first off is questionable enough on an afternoon. A video blared men screaming and random images of men fighting in a stock room; this woke me up instantly along with numerous mini candy bars spread across the floor and the library's hard fake plastic furniture. Confused and a little overwhelmed I scavenged for my partner across the room til we finally made reassuring eye contact with each other, along with a smile that both made us feel better about the unfamiliar situation. Quickly easing back into a haze of familiarity was soon broken when Kapptie yelled, " Grab as much candy as you candy, don't eat your own money!"Everyone pounced to the floor, sprawling just to grab a few Hershey pieces, or throwing elbows to proclaim the now valuable Laffy Taffys. Proclaiming a portion of the table Brooke and I spread out about three large hand fulls. Glancing at the white boards, candy names' were listed along with random prices next to them. Now the game begins.

It took us a few glances around the room that people started to trade their candy for a different kind. They determined how much they were worth by the prices listed next to the written names of the candy. We first got a hint that Mr.Good Bar was splitting, so our first thought was to hurry and sell them because we thought it meant they were going to decrease by half their price. We were wrong. It means that they'll double in price by the end. We decided to go with a candy bar that had consistently rising, which was Twix and our Hershey's. It was frustrating because no one would trade us for some more Twix. Finally when Kim refused to give me her Twix even though she'd be making money, I took them by force but still left her the candy I offered that was worth more. Once we got all the Twixs, we felt pretty content, so we talk for some and also gave Drew all our regular Hershey's because he got a tip they'd be worth a lot. Gold also went down at the end that hurt us a ton. Drew's tip was wrong so he lost a lot of his "money" to us by giving us green Laffy Taffy for all of our Hershey's. In the end we did better in the end then what we started out in the beginning.

It was hard to win if you didn't know to maul everyone at the beginning for the largest amount of candy. That would be my first advice for someone to play, is collect a ton of money at the beginning and to know stock terms well. This experience summed up would be hot, hectic, and tiring. But it was all worth it for a few pieces of Hershey's chocolate at the end.

Game Standards

3.2 Students formulate solutions for economic problems?
With the amount of money the game gives you at the beginning, you have to spend it to make more buildings. Growing the amount of buildings will increase the workers you need which brings more people around your town. The more people the more buildings needed. When you make more buildings, you will have more money because they sell things and make profit. So, if you want to make money you need to spend it first in your town.
3.1-Students explain how different economic systems are organized for production, distribution, and consumption of goods and services?
If you keep all the production distrubution and consumption then it will make sense because they are closer and easier to manage together. It also raises the residential area price because it isn't near the retail.
3.4Students demonstrate an understanding of economic principles that influence individual financial planning.
I need to make sure I don't spend all my money on one thing because my city can't just prosper off of a post office. I've also learned not to spend all my money because if I don't have money left from spending it on one thing, then my city won't grow. If my city won't grow then I'll lose money instead of making money.
4.3 Students evaluate the impact of technology and how it has shaped history and influenced the modern world.
Technology through years makes tasks easier. Buying the most modern thing in the game will get things done faster and also give you more money. Also, the more opportunity to buy more modern things if I keep buying the most modern technology for my game. Clicking once with my mouse can upgrade my new windmills so I will make even more money. Without technology my civilization will die.
4.2 Students analyze current events to better understand the world in which they live.
Recently in my city, I got a gift from my company, so with that information I know that I've must have been doing well with my city. Without recieving a gift lately then I'd know that my theory of making a lot of small buisnesses wasn't correct. But, since I just received a gift of a rotating silver globe then I think I'm on the right track.
4.4 Students explain how past events impact the present and the future
The first couple days I played this game I made sure to build lots of houses and windmills to make energy for all the people moving to my town. This was a big mistake. I later learned to make buisnesses instead because they make around $3000, instead of $100. So by purchasing houses instead of buisnesses my amount of money didn't have as great as of an impact as I thought it would.
5.5 Students interperate charts, maps, and graphs to answer questions dealing with people places events or enviroments.
The map of my city is separated in two different areas. One half is for residential areas, and the other is for buisness. Placing the houses on one side of the town raises the area amount for housing which makes people happpier not to be around industrial machines. Putting the buisnesses also helped me to save time on collecting money because I know to always be ready to also make a new contract.
5.3 Students demonstrate an ability to organize and process information about people places and enviroment
I organized all my houses in one area of the map but left room to the right for more expansion for later. I built my offices and city buildings under the houses so that they have room for expansion too and I can easily click the contracting button for all the businesses. Lastly I set all my parks and windmills over to the opposite side of my land to reserve room for expansion for the rest of my city.

Sierra's Stocks

Week 6 Transaction ScreenCastOMatic

http://screencast-o-matic.com/watch/cX6tY2OLV

Occupy Wall Street

I think that with our economy being so hard there will be jobs that don't exist anymore. It's hard to just graduate from college and realize you won't be able to find a job so you live off of minimum wage, and can't go back to college to find a different degree because there are already in  debt from the last time they were in college. Also, in our minds we remember only the jobless, of being people too lazy to go out and find jobs but since times have changed with our economy, everyone is at risk of losing their job because no one can afford to employ anyone. After a while I think people are just so used to not having a job that their last option is protesting. But, I also believe they shouldn't be protesting and getting the goverments money because they sit at home. I'm for the protesting, but I believe there are good points in both.

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Week 5 stocks

Week 4

I traded 130 stocks of Hersheys Company yesterday for $59.56. I already had 200 stocks I bought last week, but the price went up so I decided to buy even more. My catalyst is that Halloween is coming up at the end of the month so everyone will be buying candy for that holiday. I'll be selling right after when the prices start to drop. I'm guessing the price will be up to $75.00 on the 31st of October. This last year the prices haven't been great on it and been altering of making money and losing money except around this time the prices spiked high to $60.00 a share but I'm expecting more this year because we're doing better in our economy this year. Their dividend is 2.38. Their main competitor is Kraft Food company, but since they don't just make candy their stocks didn't spike as high as Hershey's did last year. I'm thinking of buying more the week before Halloween if it goes up even more but I'm giving another week to see and make sure I want to invest more money on that company.

week 3 stocks

I sold my Schlumberger stocks because it started out as an investment but I kept losing money on it. It sounded like a good idea at first since they just hired more employees but I can only lose so much.
I invested in 230 shares of Pharmaceutical Products instead for $32.39. It's been going up these last couple days so I'm waiting to see if it will keep going up and then sell it the minute it goes down. It's main competitor is Crucell N.V. but their shares went down instead.

Stocks

I choose to trade 200 Hershey’s stock. Each stock was worth $58.74. I’m estimating by the end of October after Halloween it’ll be worth $70.00. I bought it because Halloween is coming up and they hand out so much candy. Its main competitor is Kraft foods, but I decided to go with Hershey’s because it stocks spiked more at the end of October than the other competitors.

I invested this week in 134 shares for $63.85 Schlumberger that specializes in extracting minerals and oil trading. I decided to invest in it because my brother just got hired there with many other employers and I thought if they just invested in more employees they must be making money or getting ready to make a large profit. Their leading competitor Baker Hughes but they were down 2.16 while Schlumberger is down 1.29. It will be worth $61.00 by the end of this weekend because not that many people need to travel since it’s not a holiday.

My stocks

So far I've invested in Apple, Starbucks, Limited Brands, and Amazon.com. I decided on buying 25 shares of Apple because they've created a lot of new technology that people use like the iphone, and macs but so far I've lost $155.53 and each stock is worth $410.62. Tomorrow I'm expecting my stocks to rise to $425.00 since it's the weekend and people go shopping so they'll buy more technology. I bought Starbucks because so many people feel like they need their coffee in the mornings, and Starbucks is a major coffee company in the United States. Their main competitor is Mcdonalds, but since Mcdonalds sells more than just coffee I decided to not invest but it's also doing better than Starbucks so I'm reconsidering. I bought 50 stocks at $41.01 each and our worth $38.55 but tomorrow it'll drop to $38.00 because not as many people need to wake up early and buy coffee on the go, since it's a Saturday and can make their own at their house.I bought 50 stocks of Limited Brands at $41.09 because they own so many branches of stores and the charts show they were increasing in profits in the last 6 months. It's now worth $39.64 a stock but will raise $41.00 tomorrow because they more people will go shopping since it's a Saturday. The last 35 stocks I bought for $237.32 is Amazon.com because on the charts it went up in the last 6 months quite a bit and so many people shop online I thought it would be perfect. Now it's worth $229.91 but it will go up to 230.50 because again it's Saturday and people shop more during the weekend. In all 3/4 of my stocks will increase tomorrow because it's a weekend and people tend to spend more and shop more.

Vocab Free Enterprise

1.   STOCKS-a "part" of the company that we own.

I just invested in 35 stocks this weekend hopefully they'll increase in value soon.

2.   BONDS-a debt investment where the investor loans money to a buisness/corporate that borrows funds and returns money with interest.

My grandmother gave me bonds for christmas, but I won't be getting $20 for another 10 years.

3.   DOW JONES-Add the component stocks prices and dividing by the number of componets

I decided against buying stocks from Toyota because the dow jones has been bad for the last year.

4.   EQUITY- ownership of an asset that is completly paid off

My parents have not paid off their equity to their house yet.

5.   DIVIDENDS-a distribution of a portion of a company's earnings.

Since I helped start my brother's lemonade stand by loaning money, I get a dividend of their profits.

6.   EARNINGS-amount of profit that a company produces.

Walmart's earnings are large.

7.   PRIVATE COMPANIES VS. PUBLIC COMPANIES- You have to work for a company to buy from a private companies stolks and public companies' stocks are open to the public to buy.

I can't buy private company stocks but I can buy Walmart stocks. 

8.   GROWTH STOCK-Shares in a company whose earnings are expected to grow at an above average rate relative to the market.

I'm glad gold stocks have been up so the growth stock is better.

9.   RISK-The chance of losing some or all of the original investmesnt.

If I had invested in GM a few years ago, it would've been a horrible risk to take.

10.  SMALL CAP- Stocks that have less than $2 billion in their capalization.

Parlor News my local small town coffee shop is a small cap buisness.

11  MID CAP-Stocks with an average market capitalization.

Starbucks is a midcap company because it has more than $2 billion but less than $10 billion. 

12. LARGE CAP- A company with the biggest market capitalization.

Walmart is a large cap company because it has so much money.

 13.EXPLAIN THE NUMBER OF THE DOW (UP OR DOWN) WHERE DOES THE NUMBER COMEFROM?The number of the dow represents the average prive of 30 of the largest stocks being traded and the number comes from what the prices of these stock are on any given day.

The dow is up today because the president fixed our economy!

14.WHAT IS THE S AND P 500?-Stands for standard and poors 500 and is an index made up of 500 differenct stocks and is the benchmark of the overall market.

15 WHAT IS THE RUSSELL 2000?Index measuring the performance of 2000 smallest companies.

The russell 2000 is doing horrible because all the smallest buisnesses ran out of buisness.

  16. TREASURY BOND-A government loan with a fixed rate and maturity of over 10 years.

I'm about to cash in my treasure bond.

17. INFLATION-General increase of price for goods and services over time
Our ecomnomy is doing so well it's the best inflation we've seen in a long time.

18. GROSS DOMESTIC PRODUCT-When a brand new finished product is sold it contributes to the GDP, it’s dangerously used to show strength of our economy.
The gross domestic product has brought our economy up
19. CURRENCY-A form of exchange

Me and Kim completed a currency where I gave her 5 gummy bears for 2 cookies.

20. INFRASTRUCTURE-Physical systems of a business or organization, they are often public systems, services, and facilities of a country or region that are necessary for economic activity

The infrastructure has been doing really well with the economy.

21. ECONOMY-The large set of inter-related economic production and consumption activities which aid in determining how scarce resources are allocated
Since everyone is buying things, are economy is doing great.

22. ECONOMIC SYSTEM-The large set of inter-related economic production and consumption activities which aid in determining how scarce resources are allocated

The economic system is low in production today, so the economy is down.

23.SUPPLY AND DEMAND- If the demand is high the supply is low

The supply in peanut butter is down so the prices have raised.

24. INTEREST- charge for use of money

My interest was so high at the bank that I lost money, instead of made some.

25.ASSETS- Anything that can sell.

I sold my assets to day to make bank.

26. ACCOUNTS PAYABLE- An accounting entry that represents an entity's obligation to pay off a short-term debt to its creditors.
I have almost paid off my accounts payable but I'm about to miss my deadline.

27. ACCOUNTS RECEIVABLE- Money owed by customers (individuals or corporations) to another entity in exchange for goods or services that have been delivered or used, but not yet paid for
My company had a great accounts receivable this year, we increased by 10 thousand dollars.

28.AMORTIZE-  The paying off of debt in regular installments over a period of time
I have to amortize for my car for the next 6 months.

29.ECONOMIC INDEX- An indicator on what's going on in the economy.

The economic index for the economy is the dow jones.

30.DEPRECIATION- Decrease of appreciation in value.

I depreciate Sierra hitting me everyday of my life.

31. GROSS MARGIN- Profits divided by net sales

If I sold $500 cats and have $1000 dollars my gross margin is $2.

32. EARNINGS PER SHARE-Net income-dividends on preferred stock/ average outstanding shares.

33. LIABILITIES-A company's debts or obligations that are due

34.OVERHEAD EXPENSE-Overhead ratio is a metric that allows companies to evaluate expenses as a percentage of income

35. OWNERS EQUITYThe capital employed in a company, computed by deducting the book value of the liabilities from the book value of the assets. Also called net assets, net worth, shareholders' equity, or shareholders' funds.

36.PRODUCTION COST-The costs related to making or acquiring goods and services that directly generates revenue for a firm. It comprises of direct costs and indirect costs. Direct costs are those that are traceable to the creation of a product and include costs for materials and labor whereas indirect costs refer to those costs that cannot be traced to the product such as overhead.

37. WORKING CAPITAL-. The cash available for day-to-day operations of an organization.

38. LOAN-Written or oral agreement for a temporary transfer of a property (usually cash) from its owner (the lender) to a borrower who promises to return it according to the terms of the agreement, usually with interest for its use

39.  LOSS LEADER-Good or service advertised and sold at below cost price. Its purpose is to bring in (lead) customers in the retail store (usually a supermarket) on the assumption that, once inside the store, the customers will be stimulated to buy full priced items as well.

40.SCARCITY-Ever-present situation in all markets whereby either less goods are available than the demand for them, or only too little money is available to their potential buyers for making the purchase. This universal phenomenon leads to the definition of economics as the "science of allocation of scarce resources."

 41.OPPORTUNITY COSTS-A benefit, profit, or value of something that must be given up to acquire or achieve something else. Since every resource (land, money, time, etc.) can be put to alternative uses, every action, choice, or decision has an associated opportunity cost.

42. EXPLICIT COSTS-Expense that is contractual in nature and definite in amount, such as rent, salaries, wages, or utility bills. Explicit costs are easily recognizable for classification and recording.

43.  IMPLICIT COSTS-The costs associated with an action's tradeoff. It is related to explicit costs, which represent the actual costs of an activity, and represents a cost that is not recorded but instead implied. For example, an employee could take a vacation and travel. The explicit costs would include travel expenses, the cost of a hotel room, and costs related to entertainment. The implicit costs relate to the tradeoff, namely the wages that the employee could have earned if the vacation was not taken.

44. PRICE-An amount what an item is worth

45.  RELATIVE PRICE-Price of a commodity as it compares to another. The relative price is usually presented as a ratio between the two prices.

46.  INCENTIVES-Inducement or supplemental reward that serves as a motivational device for a desired action or behavior.

47. PROFIT-The surplus remaining after total costs are deducted from total revenue, and the basis on which tax is computed and dividend is paid. It is the best known measure of success in an enterprise.

48.LOSS-The amount that was deducted from the total cost

49.EQUILIBRIUMState of stable conditions in which all significant factors remain more or less constant over a period, and there is little or no inherent tendency for change. For example, a market is said to be in equilibrium if the amount of goods that buyers wish to buy at the current price is matched by the amount the sellers want to sell at that price. Also called steady state.

50.SURPLUS-Extent to which generation of goods, services, and resources (such as capital) exceeds their consumption.

51. SHORTAGE-Situation where the quantity available or supplied in a market falls short of the quantity demanded or required at a given time or price.

52.MINIMUM WAGE-the price at which the goverment chooses the price at the lowest an employee can be paid.

53. PRICE FLOOR-Limit beyond which a cost will not be allowed to fall.

54. BEAR MARKET-Period in which prices of securities or commodities fall by 20 percent or more. During such periods (1) investment interest is generally limited, (2) concerns about the state of the economy abound, and (3) dealers or speculators are more inclined in selling their investment portfolios than to increase their risk by holding

55. BULL MARKET-Securities or commodities market in which prices are rising, bulls are trading in high volumes, investment interest is high, and the public views the economy as strong and getting stronger. Some US bull markets (like the one that ended in the year 2000) have lasted for more than 15 years.

56.  BOOM-Period that follows recovery phase in a standard economic cycle. A boom is characterized by an economy working at full or near-full capacity, strong consumer demand, low rate of unemployment, and a rising stockmarket, usually accompanied by rapidly increasing consumer prices (inflation).

57. BILL OF EXCHANGE-A written, unconditional order by one party (the drawer) to another (the drawee) to pay a certain sum, either immediately (a sight bill) or on a fixed date (a term bill), for payment of goods and/or services received. The drawee accepts the bill by signing it, thus converting it into a post-dated check and a binding contract.

58 .BUDGET DEFICIT-Amount by which actual expenses exceed planned expenses. Opposite of budget surplus.

59. CAPITALFactors of production that are used to create goods or services and are not themselves in the process.

60. SHORT SELL-A trading strategy in which an investor borrows shares of a security or futures contract (typically from a brokerage firm's inventory) and offers them for sale to other investors. If the price goes down, as the investor believes it will, he or she will buy the position back at the lower price and return them to the lender. If the price rises, the investor will be forced to buy the shares or contract back at a higher price to return them to the lender, resulting in a loss. In either case, the gross profit (or loss) on the trade will be the difference between the buy and sell price.

61. SHORT COVER-To repurchase a previously sold contract.

Kim's channel - 2nd phonecast | ipadio | Talk to your World

Kim's channel - 2nd phonecast ipadio Talk to your World
Amy's Top 10 Brands

I think we are winning the war right now, since recently when we caught Saddam.We are winning since we are still a strong country and we've invaded Iraq while keeping control. We've also sacrificed many things like soldiers, money, and our economy. I think we've defiantly lost more than Iraq by far, but we also started out with more so we still have a stronger country in the end.

What's my cause?

I would like to do something with helping recycling and littering because it's bad for the environment. Or else I'd also like to help animals and maybe walk dogs from the shelter.It feels good to help in any way. It doesn't matter if it's helping the world or just helping animals.

What are my expectations for this class?

I want to be able to manage money by the end of free enterprise class. I'd also like to feel like I understand the stock market. At the end of the class I want to feel comfortable with managing my own money from my jobs.