I'm analyzing Sharon and Monica's Federal Reserve Podcast. This is the link to the podcast.
After viewing Sharon and Monica's Podcast I have to say that it was very good and I enjoyed it because they just didn't give out information about the Federal Reserve System, they made it interesting. They made a scene, where monica was the teacher, and her audiance was a classroom. It's creative and unique because they came up with somethnig different. The picture contribute to the creativity and goes with what they say.
I think that it wasn't too long...and the content was good just that they didn't discuss everything.
But overall it was a good podcast.
Monday, March 19, 2007
Thursday, March 15, 2007
Compound Interest and the rule of 72

The rule of 72 is like a math formula. It helps to determine how long an investment takes to double. When I say the rule of 72 is like a math formula, is because investors divide 72 an amount of years to get an estimate of how many years it will take for the initial investment to duplicate itself. Interest which is calculated not only on the initial principal but also the accumulated interest of prior periods.
By using a compound interest calculator, we make money not only out of our initial amount of money, but also on the interest we made the first time. It sounds a little confusing but it is not.
Well I'm going to try to explain it in easier words. Let say I invest 100.00 dollars and the interest rate is 10% in one year I will make 200.00 dollars. The second year my interest rate of 10% will apply on the 200.00 dollars not on my initial amount of money.
Friday, March 2, 2007
Insider Trading Scandal - What Happened?

Everything started in 2001 with two friends. The two of them were discussing a debt of 25,000 dollars. After five years the federal authorities discovered one of the most far-reaching insider trading schemes on Wall Street. In this were involved four investment banks, a web of hedge funds, day traders, lawyers and even a few supervisors, who on discovering evidence of insider trading, blackmailed the traders to keep quiet about it.
The illegal part in this story is the insider trading. They were giving informations about upgrades and downgrades of stocks, and also the access to hot deals by the hedge fund traders.
This information was taken from the New York Times newspaper article, written by Jenny Anderson and Michael J. de la Merced.
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