Contributions are welcome for this website - please click above.
"...you need money to buy things; you earn money by working; you may have to wait to buy things you want; and there is a difference between things you want and things that you need..." Time Magazine, Nov 30, 2015 Article - Your kid's financial education should start much earlier than you think - By Dan Kedlec
Little Laughs!
How do oceans say hello? They wave at each other!
Can kangaroo jump higher than a house? Of course, a house does not jump at all!
My dog used to chase people o10n a bike...it got so bad that I had to take it away!!
Knock...Know...who is there? FedEx...FedEx who? FedEx will be there tomorrow!
What is the worst kind of cat? CAT-astro-phe !
What do you get when you cross snowman with vampire Frost-Bite.
What kind of Bill can you breath? Billionaire.
Why did Dino go to the hospital?
Because he was (Dino) "Saur".
How do you make eleven even?
Take away the "el."
_________
How do you make seven even?
Take away the "s"
_________
Why did the chicken cross the railroad track?
Because it wanted to get to the Chick train.
_________
What is a duck on the 4th of July?
A Fire-Quacker!!
___________
Knock, Knock...Who is there?Banana...Banana who? Banana...Banana who?Banana...Banana who? OR-ange...Aren't you glad I didn't say banana?
___________
Are you 5?
No! I am not 5! I am 4.95 plus shipping and handling!
__________
Knock knock...Who is there? Panther!Panther, who? PantH-or-no-PantH I am going Thwiming!
_________
Laughs above are credited to kids and various sources.
Business fun facts!
Do you know the ancestry of American people?It is a melting pot of immigrants from all over the world.This trend continues even today.These immigrants make America what it is today and are an big part in the success of businesses today.
There are over 320 million Americans today.Ancestry of Americans include: Germans over 14%, African American 12%, Irish 12%, English 8%, Mexican 8%, Italian 6%, Hispanic 5%, French 4%, Polish Scottish, Dutch, Norwegian, Scotch-Irish, Native American, and Swedish are between 1-3% but add up to 11%.The rest are from other various countries.
In 2008, $3.3 Trillion was the total loss in value for the US housing market. In early 2006 housing market value was close to $9.4 Trillion..so almost 1/3rd of housing market value was lost due to housing, credit, and financial crisis!
Since 2008, close to 12 million jobs have been added to the job market! This has allowed many Americans to get back on track and recover from the recession. Unemployment rate is now below 5% from almost 10% in 2009 when financial markets caused the recession!
Thanksgiving is a US public holiday celebrated on the 4th Thursday of November, since 1863. It started in October 1621, in Plymouth, Massachusetts by emigrants from England, called Pilgrims, to celebrate their first good harvest. Native Americans were invited by the Pilgrims to the feast, and the celebration lasted for three days.
Emigration to America
There are over 320 million Americans today.All emigrated from rest of the world, except the Native Americans, who now only make up less than 1% of the U.S. population. Another note is that the African slaves were brought over through various deceptions and not on their own volition emigrated to America.
Ancestry of Americans can be traced to Germans ~14%, Africans ~12%, Irish ~12%, English ~8%, Mexican ~8%, Italian ~6%, Hispanic ~5%, French ~4%, Polish Scottish, Dutch, Norwegian, Scotch-Irish, Native American, and Swedish are between ~1-3% but add up to ~11%.The rest are from other countries. US is the only country in the world which has such a unique strength of diversity. About 60% identify as White, ~17% as Latinos/Hispanics, ~13% as African/black, Asians ~5%, and the rest are other races.
Source - Various websites with immigration data, PEW research, and CIA World fact book
The DOW drops -546 points for the week
The DOW closed down 546 points or -2.1%, the S&P500 was down -38 points or -1.4%, and NASDAQ was down -116 points or -1.6% for the week ending November 9th. Oil closed at $56.8 drop of -$3 per barrel or -5.1%
Year-To-Date (YTD) in 2018, the DOW is +2.1%, S&P500 is +2.3% and NASDAQ +5.0%.
In 2017 the DOW was up 25.1%, S&P500 up 19.4% and NASDAQ up 28.2%.
Consumer Price Index (CPI) measures price change from the purchaser's perspective. Sellers' and purchasers' prices may differ due to various outside influence, such as, government subsidies, sales and excise taxes, and distribution costs. Read below to understand Inflation and CPI.
What is Inflation and CPI relation?
Inflation is an increase in the general price level of goods and services over time.The U.S. Bureau of Labor Statistics calculates and tracks the inflation yearly by Consumer Price Index (CPI).CPI is calculated by tracking the average price changes in relation to prices in a selected base year.CPI is a reliable estimate of inflation.
Inflation is caused when too much money is available to people for buying and there are too few goods and services to buy.Guess what happens in that case?Prices of goods and services will go up.In other words, goods and services will cost more.Inflation also reduces the value of money.For example, even if the salary of people goes up, they are not able to buy more goods and services (because the prices of these goods and services have gone up too!).With inflation, a dollar buys less and less over time.
Suppose you get $10 a week for doing chores around the house.You use this money to buy a ticket to watch the ball game for $6, a hotdog for $2, and a drink for $2.Over time, however, the ticket price of the ball game and food items rises.Now you can buy a ball game ticket for $7, and either a hotdog or a drink for $3.In this example, inflation caused the prices to rise and therefore, reduced the buying power of your $10. Perhaps you need to ask for a raise
Thank you for your feedback and comments! Now we are on to our 11th Year!!
Tip!: Try moving your mouse over active definitions, such as, on the right side DOW, S&P500, NASDAQ, which will open up a pop up with details so you can learn more!
Learn more about...
How Business and Government raise cash? Stocks, Bonds?
What is Currency and Foreign Currency Exchange rate? Volume 14. What is stronger or weaker currency? Volume 20. What does the dollar slide mean? Volume 32.
Who was the 1st woman Federal Reserve Chair? Volume 382.
We use multiple information resources, such as, news websites, company websites, stock exchanges, newspapers, text books, and other educational resources.
Source: Bing.com, Microsoft Clipart, etc.
So far YTD... Bulls (Markets UP) = 23... Bears (DOWN) = 18...and Draw = 6
.jpg)
.jpg)
.jpg)
.jpg)
.jpg)
.jpg)
.jpg)
.jpg)
.jpg)
.jpg)
.jpg)
.jpg)
.jpg)
.jpg)
.jpg)
.jpg)
.jpg)
.jpg)
)
.jpg "Kellogg (Ticker is K) has over $14 billion in sales. It is know for ready-to-eat cereal and convenience foods."){kind=small}
