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Careers (Planning and Financial management: (Investment Strategies (The…
Careers
Planning and Financial management:
Investment Strategies
The Stock Market: if you own a stock you own part of a business. the value of a stock can fluctuate depending on how much the business is worth at any given time.
Hedge funds: A hedge fund is an official partnership of investors who pool money together to be guided by professional management firms, not unlike a mutual fund. ... The investing purpose of hedge funds is to maximize returns, but managing firms use different strategies to achieve this goal.
Bonds: a bond is a document that represents a loan, often between a business and or government and a private investor, it's basically an i.o.u.
Marketing: Turns profits back towards your business through investing in drawing the public
Real Estate: Many people buy land, hoping that it will appreciate in value over time.
The Stock Market crash of 1929
After the ultimate success of the US economically post WW1, America became reckless in terms of loaning. They loaned out money they didn't have but thought they could make it back because the stock market was on the rise. Financial crisis was predicted by certain economists, but no one listened. When the crash took place on 'Black Tuesday' money was lost and many were quite suddenly jobless and homeless. This launched America into the depression.
Mutual Funds: A investment fund that consists of a wide portfolio of bonds, stocks or other securities. Mutual funds are professionally managed, charge a small fee and often appeal to smaller investors interested in diversified investments in a sector or region. Mutual funds are considered lower risk as they pool together a group of securities however this can slow down a funds growth if there are underperforming stocks.
Business Leadership
Jeff Bezos - CEO of Amazon
Bill Gates -CEO of Microsoft
Taxes
Income tax: The percentage of your income (Money earned) that is given to the government. The percentage you pay varies on your income range in Canada. This is known as a proggressive tax system.
Sales tax: in Ontario we have harmonized sales tax (HST) which means the government will charge you an additional 13 percent of money spent on most consumer products. This tax is a combination of provincial and Federal tax. Items considered essential for living such as groceries, licesned health care, prescription drugs etc are exempt from HST.
Business Rivalry, and Co-operation
The tragedy of the commons: The tragedy of the commons is a situation in a shared-resource system where individual users, acting independently according to their own self-interest, behave contrary to the common good of all users, by depleting or spoiling that resource through their collective action.
Competition in Fields
Business Hierarchy: there are different positions that are above other positions in business. people have bosses and employees, some are paid more than others and have more authority.
Mortgage Loan
: A mortgage loan or, simply, mortgage is used either by purchasers of real property to raise funds to buy real estate, or alternatively by existing property owners to raise funds for any purpose, while putting a lien on the property being mortgaged. The loan is "secured" on the borrower's property through a process known as mortgage origination. This means that a legal mechanism is put into place which allows the lender to take possession and sell the secured property ("foreclosure" or "repossession") to pay off the loan in the event the borrower defaults on the loan or otherwise fails to abide by its terms.
Collateral: a item of value (Car, house,) that the bank can take if you are unable to pay back your mortgage. Collateral is necessary to receive a large loan because for the bank it guarantees they will not loose money on you
Loan History: When applying for a loan, the bank also looks at your history to see if you have payed back all your previous loans in a timely fashion. If not they are much less likely to give you another one
The bank makes money from giving you a loan because you pay interest* on that money as you pay it back.
*Interest: The percentage of additional money that pay when paying back a loan. People with lower incomes and less collateral will have higher interest rates than higher income people because they pose more of a risk.
College Tuition: Tuition is a fee to attend a school. Tuition can be very expensive and most students take out loans to pay their tuition. 69% of the Canadian class of 2018 took out student loans.
Student loans: A student loan is a type of loan designed to help students pay for post-secondary education and the associated fees, such as tuition, books and supplies, and living expenses. It may differ from other types of loans in the fact that the interest rate may be substantially lower and the repayment schedule may be deferred while the student is still in school.
the green party wants to make all post secondary education free wothin their first year in office.
The liberal party in Canada is promising to reduce student loan rates and create a two year grace period before students have to start paying back loans.
the ndp is promising to abolish interest on student loans and slowly work toward free tuition in all post secondary schools.
Fields of work powered by green energy
Green Energy Production: wind turbines, hydro-electric power.
Reduces harmfull emissions
replaces fossil fuels and extracting them
Doesn't contribute negatively to climate change
Energy Market Analyst
Backup power solutions
Energy transmission and distribution
Alternative energy sources
Solar Electrician: maintains solar genereators
Not recyclable
Less carbon emission
Chemicals dumped on land
If demand continues to rise, solar electrician jobs will grow 63% in the next 9 years.
Electric Vehicle
Safety improvements
Cheaper to maintain and run
Less pollution
fields of work powered by fossil fuel
Coal Power Plants
Pollution released into the air and water
Airborne toxins and pollutants released
Global warming
Oil Pipeline
Pipelines are good for CEO's, not the average person
Pipelines threaten Indigenous rights and sovereignty.
Leaks are bad for the environment
Transportation
More efficient shipping often releases more carbon
Pollution released into water by boats
Corrosive run-off
Oil production
Oil spills are extremely deadly to animals
Oil stops oxygen from getting to the plants and animals in the water
Dangerous emissions contribute to climate change
Past
Non sustainable energy resources
Fossil fuel emissions
Creating democracies
Future
Sustaining democracies
Renewable energy sources
Zero emissions
Artificial Intelligence: Artificial intelligence (AI) is the simulation of human intelligence processes by machines, especially computer systems. Artificial intelligence may be taking over a lot of jobs in the future, possibly leaving more humans unemployed.
https://searchenterpriseai.techtarget.com/definition/AI-Artificial-Intelligence