Orthopedic and Musculoskeletal Disorders IEP

Rich Dad Poor Dad by Robert Kiyosaki

Rich Dad Poor Dad by Robert Kiyosaki Free Online Research Papers Abstract Financial Literacy is something that isn’t commonly taught to people and Kiyosaki believes is it the single most important thing for young people to learn. The biggest difference between the rich and the poor is that the rich let money work for them and the poor work for money. In my paper I will explain how important it is for you to become financially literate and let money work for you. You have to get out of the Rat Race and join the few that are actually financially successful. You say how is it possible to allow money to work for you? Well I will show you how the rich and poor balance their assets and liabilities against their income, the history of taxes and corporations, how the rich actually invent money, how to manage cash flow, systems and people, and why it important to work to learn not just for money. Are you really preparing your children for the real world? Many parents tell their children to study hard, make good grades and you will find a high paying job and make lots of money. Truth is that no amount of school can really be helpful without financial literacy with it. There is a definite difference between what the rich teach their children verse the poor. In my paper I will explain the differences and why it’s so important. First you have to discover a way to live on the â€Å"Right Side of the Street†. You have to ultimately make the decision of whether or not you want to be rich or poor. Then realize that different lifestyles create bad habits and barriers. Also, you have to discover and learn about the laws that govern making money. When you have figured out these contrasting ideas you are well on your way to being on the â€Å"Right Side of the Street†. The â€Å"Right Side of the Street†, isn’t necessarily being either rich or poor, it’s learning the literacy of finances and letting money work for you rather than you work for money. One difference between the rich and poor is that the poor and middle class work for money whereas the rich do not. They are passionate, driven and energetic about making money work for them almost downright greedy. The biggest challenge the poor and middle class have is fear, fear keeps them from letting money do the work, because they have bills to pay and you have to work to pay bills right? Wrong! Rich dad teaches that money always works for you. He makes you work for no money to teach you that. Always pay yourself first and see what opportunities others miss out on. Poor dad teaches you to work for money and to pay everyone else first (taxes). The middle class should have found some happy medium, but all they teach is when your income or assets go up then so should your liabilities, this is even worse. It creates a higher more dangerous amount of debt. I bet your wondering how to let money work for you when all you know is how to work for money. Well its simple really, learn how money works. The school system doesn’t teach how money works, and most â€Å"educated† people don’t know how it works either. You have to start with the basics of money management and the differences between assets, liability and income. Then you have to sacrifice it all, not let fear hold you back and go for it. Sometimes you may fail, but we learn mostly by mistakes and can only grow from them. An Asset is what puts the money in your pocket. There are three types of assets paper, real-estate and businesses. Along with that are three types of income Portfolio income, passive income and earned income. Portfolio income is derived from paper assets like stocks, bonds, mutual funds and insurance and is the easiest to manage. Passive income is derived from real-estate or royalties from patents. Earned income is derived from paychecks and is the most highly taxed type. With everyone there is a cash-flow pattern and this determines whether or not you are on the â€Å"Right Side of the Street†. The poor spend every penny and have no assets only liabilities. The Middle class had an increase in income and so does their spending creating more liabilities. The Rich let their assets pay for themselves; they have control over their expenses and usually have little or no personal liabilities. Be about the business of building assets and having no liabilities. Your business should revolve entirely around your asset column and not your income column. Many owners of a business own more than one business, because they use their assets to buy other assets not just use them on personal liabilities. Key goals to remember is to be a good leader have a mission and work as a team. In a business you must be savvy about the product you’re selling and endorse it well. Communication is also one of the biggest contributing factors in running a reputable business. Also, always follow the legal rules of the business and never cut corners. Your business will grow and in turn buy you many more assets. Taxes are a tricky thing; we are taxed when we work for money and when we buy things. They were originally designed to generate government income from the rich. Like I said earlier, the rich are greedy and financially smart and they found ways to make loopholes in the tax laws and in turn the government began taxing everyone. One thing about the rich is that they will always find a way to pay them first and everyone else second. The power of a corporation is a great thing; it protects your assets from the government. When people own corporations, they earn, spend and then pay taxes. People who work for corporations earn, pay taxes and then spend. See the difference. You have to learn to invent money because working for it will never get you anywhere. You have to have financial literacy, investment strategies and learn how to work the market of supply and demand. Find out what people want/need and get it to them. Make assets for yourself. Don’t let fear be your guide in the Rat Race forever. Learn how to accept and deal with change. You have to know the financial skills for success; the management of people, the management of systems, and the management of cash-flow. With these tools you will be able to succeed and become better at building your assets to sustain you rather than your liabilities you have to maintain. In conclusion the rich don’t work for money. You have to become financially literate like I have said a thousand times and figure out the way money works and let it work for you. Mind your own business and build it with ethics and honesty, let it buy you more assets. You must study the tax laws and let the tax laws of corporations be your shelter. Invent money, work to learn not work for money. Research Papers on "Rich Dad Poor Dad" by Robert Kiyosaki19 Century Society: A Deeply Divided EraThe Effects of Illegal ImmigrationResearch Process Part OneHip-Hop is ArtPETSTEL analysis of IndiaTwilight of the UAWIncorporating Risk and Uncertainty Factor in CapitalMarketing of Lifeboy Soap A Unilever ProductStandardized TestingWhere Wild and West Meet

Financial Term Paper Example | Topics and Well Written Essays - 2500 words

Financial - Term Paper Example 900,000 ?1,600,000 ?1,850,000 ?1,100,000 ?2,225,000 Discount Factor @ 12% Cost of Capital 1.00 0.893 0.797 0.712 0.636 0.567 Present Value (?5,150,000) ?803,700 ?1,275,200 ?1,317,200 ?699,600 ?1,261,575 NPV ?207,275 NPV:-?5,150,000 + ?803,700 + ?1,275,200 + ?1,317,200 + ?699,600 + ?1,261,575 = ?207,275 The Net Present Value of a company is the value of a future number in terms of today. It basically helps in finding out a project’s is profitability. It requires finding out the present value of each future cash flow discounted at a specific value, which is the cost of capital of the project given in the form of a percentage. It uses the concept of discounted cash flows. Time Cash Flow (?5,150,000) ?900,000 ?1,600,000 ?1,850,000 ?1,100,000 ?2,225,000 Yr 0 Yr 1 Yr 2 Yr 3 Yr 4 Yr 5 Cash Flow (?5,150,000) ?900,000 ?1,600,000 ?1,850,000 ?1,100,000 ?2,225,000 Discount Factor @ 14% Cost of Capital 1.00 0.877 0.769 0.675 0.592 0.519 Present Value (?5,150,000) ?789,300 ?1,230,400 ?1,248 ,750 ?651,200 ?1,154,775 NPV (?75,575) NPV = -?5,150,000 + ?789,300 + ?1,230,400 + ?1,248,750 + ?651,200 + ?1,154,775 NPV = (?75,575) Payback Payback = 4,250,000 – 900,000 (Yr 1) – 1,600,000 (Yr 2) = 1750000 ? 1,850,000 (Yr 3) * 12 Payback = 2 Years and 11 months This is a technique used to measure the feasibility of projects in terms of the number of years that it takes to pay back an initial investment. It is measured in number of years till full recovery and the following formula can be used to measure it. Payback = No. of years prior to full recovery + Unrecovered cost at beginning of year/Cash flow during full recovery year. Payback basically represents the period of time during which the initial investment gets recovered. IRR: To calculate IRR, a negative NPV would be calculated. Hence a discount factor of 14% is selected. IRR = LDR + [PV1/PV1-PV2]* (HDR-LDR) LDR = Lower Discount Rate HDR = Higher Discount Rate Pv1 = Present Value at Lower Rate of Return Pv2= Pre sent Value at Higher Rate of Return IRR = 12% + [207,275/ 207,275 – (-75,575) * (14% - 12%)] IRR = 13.46% IRR is the value where the NPV is equal to zero. It is the optimal value where a project is most beneficial. IRR can gauge the profitability of a proposed investment by taking into consideration the concept of discounted cash flows. IRR is not very easy to be calculated as any other accounting measure such as NPV and if done then it does not give accurate answers. It is done on a trial and error. b) Provide a rationale for your treatment of initial research, depreciation and working capital, supporting your answer with links to theory briefly indicate other considerations which might also affect the decision Initial research would not be included within the Net Present Value (NPV) calculation. This is because the initial research cost had already been incurred before starting the project hence the cost was deemed to be a sunk cost. Sunk costs are not to be included within the NPV calculation because these costs have already been incurred and that do not affect the decision of either commencing or aborting any business plan. Depreciation costs do not get included within the calculation of NPV. This is because depreciation is a non-cash item and the NPV purely constitutes cash related items with respect to the time value of money. Although depreciation expense is only included within the NPV calculation in order to ascertain the Tax savings. The tax savings on allowances allowed by the tax authorities are only included

Business environment Essay Example | Topics and Well Written Essays - 1750 words - 3

Business environment - Essay Example In its mission, the bank endeavours to build strong markets in various parts of the world. In addition, HSBC aspires to build a strong customer relation that is keen in upholding excellent service delivery, sales and solutions. It is worth noting that the bank desires to achieve morally based long tern proceeds for all stakeholders. To achieve these objectives, the bank is keen in developing strong team players that will work to produce excellent results. A rewarding and challenging business environment is vital for any business to grow and as such the bank continues to develop a decent working environment for its workers. HSBC aspires to specialize in various banking groups by upholding a commitment to interior philosophies and banking values. HSBC bank is one of the leading banking institutions in Turkey in customer service. This lead is attributed to an excellent working environment for its employees and other stake holders. The working environment is conducive and friendly promoting excellence in customer service. In addition, the bank has over years created strong team players keen at creating service packages that will attract wider markets. The bank has invested greatly in technological innovations that have seen customer service taking place online. Indeed the bank has achieved its objectives despite few challenges that are common to other financial institutions. HSBC’s core responsibility is to provide financial services to its customers. It is for this purpose that the bank has continued to build a strong customer service that is keen at keeping the promise of high level service delivery and financial solutions amid the dynamic corporate environment. In its corporate social responsibility, the bank invests in the education of needy students at all levels of study. The bank also invests in other sectors of the

Media Studies Essay Example | Topics and Well Written Essays - 1250 words

Media Studies - Essay Example This essay approves that newspapers existed on the earth in some form or other because of man’s innate tendency to know news and share it with other fellow men. People disseminated news by word of mouth, written correspondence or public notices before the development of printing technology. As more people learned to read and write, news reports became more. Ancient Rome had a particularly stylish system for spreading written news. The process of consolidation of the press and other tools of mass communication has been taking place in US and Canada in a big way. This process might spread to other parts of the world with the emergence of globalization as an unavoidable phenomenon in the world today. The number of newspapers in circulation keep on declining in most U.S. and Canadian cities. Many cities today have only one newspaper publisher. In Canada, only six cities are supplied by two or more independently owned newspapers. In more than 170 American cities, a solo publisher p roduces both a morning and an evening paper. Fewer than 30 U.S. cities have rival papers with different ownership. This report makes a conclusion that we are at the threshold of globalization, a phenomenon that is unavoidable. However, we need the systems in place to guard the values and ideals that man has developed over many years. To make the purpose of the press and other media as only providers of entertainment and statistical enumeration of data is a subservient role that we give to the media. Media has a much more important role to play in the world today as a remedial force and as a forum for engaging in healthy debates on cardinal issues of our times.

Use and Application of Data Mining

Use and Application of Data Mining Data mining is the process of extracting patterns from data. Data mining is becoming an increasingly important tool to transform the data into information. It is commonly used in a wide range of profiling practices, such as marketing, surveillance, fraud detection and scientific discovery [1-3]. Data mining can be applied on a variety of data types. Data types include structured data (relational), multimedia data, free text, and hypertext as shown in Figure 1-1. We can strip hypertext from XML/XHTML tags to get free text[4, 5]. Nowadays, text is the most common and convenient way for information exchange. This due to the fact that much of the worlds data is contained in text documents (newspaper articles, emails, literature, web pages, etc.). The importance of this way has led many researchers to find out suitable methods to analyze natural language texts to extract the important and useful information. In comparison with data stored in structured format (databases), texts stored in documents is unstructured and to deal with such data, a preprocessing is required to transform textual data into a suitable format for automatic processing [6]. Text mining is a new and exciting area of computer science research that interested of solving the problem of information overload by using combination techniques from data mining, machine learning, natural language processing, information retrieval, and knowledge management. Text mining, also known as text data mining [7] or knowledge discovery from textual databases [8], refers generally to the automatic process of extracting interesting and high-quality information or knowledge from unstructured text documents by using a suite of analysis tools [9]. Definitely, text mining takes much of its inspiration and direction from core research on data mining. Therefore, text mining and data mining systems contain many high-level architectural similarities. For example, text mining and data mining systems depend on preprocessing routines, pattern-discovery algorithms, and presentation-layer elements [1]. Furthermore, text mining adopts many of the specific types of patterns in its core knowledge discovery operations that were first introduced and vetted in data mining research [9]. The difference between data mining and text mining lies in the specific stages of preparation of the data and the difficulty of finding the important patterns due to the semi-structured or unstructured nature of the textual documents being processed. Data mining systems assumes that data have already been stored in a structured format. Therefore, the preprocessing stage focus falls on two critical tasks: Scrubbing and normalizing data and creating extensive numbers of table joins. In contrast, for text mining systems, preprocessing tasks focus on the identification and extraction of representative features for natural language documents. These preprocessing tasks are responsible for transforming unstructured, original-format content in document collections into a more explicitly structured intermediate format, which is a concern that is not relevant for most data mining systems.   Text mining preprocessing tasks include a variety of different types of techniques culled and adapted from information retrieval, information extraction, and computational linguistics research (such as tokenization, stop word remover, normalization, and stemming, etc.)[9]. Typical text mining tasks involving Text extraction and representation, information retrieval, document summarization, document clustering, document classification. Text representation is concerned with the problem of how to represent text data in appropriate format for automatic processing. In general, documents can be represented in two ways, as a bag of words where the context and the word order are neglected and the other one is to find common phrases in text and deal with them as single terms [10]. In information retrieval, the information needed to be retrieved is represented as query and the task of the information retrieval systems is to find and return documents that contain the most relevant information to the given query. In order to achieve this purpose, text mining techniques are used to analyse text data and make a comparison between the extracted information and the given queries to find out documents that include answers [10, 11]. The idea of text summarization is an automatic detection of the most important phrases in a given text document and to create a condensed version of the input text for human use [10]. Text summarization can be done for a single document or a document collection (multi-document summarization). Most approaches in this area focus on extracting informative sentences from texts and building summaries based on the extracted information. Recently, many approaches have been tried to create summaries based on semantic information extracted from given text documents [10, 11]. Document clustering is a machine learning technique that is used to identify the similarity between text documents based on their content. Unlike document classification, document clustering is an unsupervised method in which there are no pre-defined categories. The idea of document clustering is to create links between similar documents in a document collection to allow them to be retrieved together [10-12]. Document classification is the assignment of text documents into one or more pre-defined categories based on their content [10, 13]. It is a supervised learning problem where the categories are known in advance [10]. For the document classification problem, many machine learning techniques including decision trees, K-nearest neighbour, SVM support vector machines and Naive Bayes algorithm have been used to build document classification models. more details about document classification in the next section.

Racial and Ethnic Stereotypes :: Media Stereotypes Stereotyping

Racial and Ethnic Stereotypes People being generalized based on limited and inaccurate information by sources as television, cartoons or even comic books (Tripod). This is a definition that seems to go against many public standards. The above words are the exact definition of stereotypes. Stereotypes as understood from the definition, goes mostly hand in hand with media -- only not the regular meaning of the innocent media we know. Media propaganda is the other form of media that is rather described as media manipulation. In this paper, the following will be discussed: first, how stereotypes of ethnic groups function in propaganda, why does it function so well, and finally, the consequences of these stereotypes on the life of Egyptians in particular in society. A fair examination will be conducted on this example of stereotypes through clarification examples and research results from researches conducted from reliable sources. The real association between Egyptians’ stereotypes and propaganda discussed in this paper shall magnify the association of stereotypes and propaganda in general. It seems necessary for this paper to start with some clarification of the terms associated with propaganda. Propaganda can be thought of as a foster parent for stereotypes. Propaganda is known to be the intentional manipulation of public opinion through hidden messages in advertisements and other media functions. Thus, propaganda uses many techniques to be able to deliver theses hidden messages to the public and influence their opinion. Fear, brainwashing, name calling, glittering generality, misinformation and much more are some of the techniques that propaganda uses to influence and manipulate the opinions of the majority. Propaganda finds the usefulness of stereotypes in the fact that it’s easy, fast and straight to the public. In the case of stereotypes about ethnic groups, Egyptians in this case are being portrayed as uneducated, unethical, ignorant, desert animal raisers, terrorists and uncivilized ethnic group. These name calling and misinformation techniques are what p ropagandists use to manoeuvre the society to portray Egyptians as humans of the underworld and Egypt as a deserted country that hunger and illness are its residents. The previous are all stereotypes that are propagandas of the media to convert such generality into truth and facts. Racial stereotypes specifically function mostly through propaganda of the media, due to the unlikelihood of every man travelling to every country, using the technique of ‘misinformation’ through movies, shows, and news reports. Egyptians have been stereotyped as desert residents for many years regardless of the reality and actual state of Egypt as a country.

Personal Data Protection

Personal data (2012, Online) means â€Å"data relating to a living individual who is or can be identified either from the data or from the data in conjunction with other information that is in, or is likely to come into, the possession of the data controller†. The Data Protection Act 1988 – 2003 guarantee individuals right to protection their personal data and explain duties of Data Controllers. This act apply to organizations that uphold information on individuals which can contain telephone number, address, account details, nationality, religion, physical or mental health and/or other sensitive information.The Data Protection Commissioner has approved a personal data security breach Code of Practice to help organisations to react appropriately when they become aware of breaches of security personal information they maintain. The Data Controllers are required to: †¢ collect and process information fairly †¢ keep them only in one or more specified and legal pu rposes †¢ use information for the purposes for which their were collected †¢ keep them safe and secure keep them accurate, complete and up-to-date †¢ not stored them longer than is necessary Every person may obtain a copy of their entire personal data by written request to any organization or individual who holds personal information, unless the Government instructs the Data Controller to withhold the information, data subject also has a right to correct any inaccurate information or, in some cases, such information can be completely removed.The Code of Practice does not apply to providers of publicly available electronic communications networks or services. Providers of publicly available electronic communications networks or services are required to have a security policy, ensure that personal data can only be used by authorised personnel for specified purposes and protect personal data against unlawful use or access.

Iran essays

Iran essays Since the days of 6th century BC, Ian has been ruled by absolute monarchs. The shah-in-shah, king of kings, or emperor decided the fate of the empire. Irans constitutional monarchy, founded in 1906, was ended in 1979. In the same year a new constitution established an Islamic republic in which principles of Islam were to be the foundation for social, political, and economic relations. The constitution was significantly amended in 1989. Iran now has two heads of state, one being a more leading religious figure, the other being a more presidential figure. But ultimately, the religious chief is the real power. This makes Iran a theocracy, which means ruled by priests. A religious leader, called the faqih, oversees the operation of the government. The first faqih was Khomeini, who died in 1989. His successor is selected by an Assembly of Experts, made up of 83 clerics who are popularly elected every eight years. The current faqih of Iran is Ayatollah Ali Hoseini-Khamenei. He may decl are war and also names the heads of all state and religious organizations, so therefore controls the judiciary, armed forces, security police, intelligence agencies, radio, and television. Therefore, he is more powerful than Irans president. The chief executive and head of state of Iran is a president, who is elected by popular vote for up to two four-year terms. As the constitutions specifies, the president is the holder of the highest of fiscal power next to the office of the faqih. Amendments to the constitution in 1989 strengthened the presidency by eliminating the position of prime minister, who was until then the chief executive. The cabinet conducts the real day-to-day work of governance. Almost all new laws, as well as the budget, are devised by the cabinet and submitted to parliament for approval, change, or rejection. A modern form of government was introduced in Iran after the Persian Revolution of 1906. The const...

Tomber dans les Pommes French Expression Explained

Tomber dans les Pommes French Expression Explained The French expression: Tomber dans les pommes  (pronounced [to(n) bay da(n) lay puhm]) means to faint or pass out. It has an informal  register  and literally translates to to fall in the apples. You might also hear the variation  partir dans les pommes (to leave in[to] the apples) Explanation The French expression tomber dans les pommes is a cute way of saying that someone fainted, but I wish I knew why/how apples are related to a state of unconsciousness.* This strange link continues in the equally informal expression rester dans les pommes - to (continue to) be out cold, to remain unconscious. *According to Le Grand Robert, the probable origin is George Sands à ªtre dans les pommes cuites, a play on à ªtre cuit (to be exhausted) in Rey et Chantreau, but that still doesnt explain what apples have to do with anything. Example Nayant rien mangà © depuis plus de 12 heures, elle est tombà ©e dans les pommes.Not having eaten anything for more than 12 hours, she passed out.

Incidence of ill effects from exposure to the radio frequency Essay

Incidence of ill effects from exposure to the radio frequency emissions emitted from wireless cell phones - Essay Example It is also generally believed that children are at a greater risk of being effected from the RFR since they are in the process of growth. Research has also shown that the Radio Frequency Radiation could also be dangerous for the unborn child during pregnancy. Since mobile phones are a new technique, there is a need to study the long-term ill effects caused by the RF emitted from the mobile phones. Further study in this field is also needed to clarify certain inconclusive research. Over the past few years, there has been a rapid growth in the use of the mobile phones, wireless local area networks (WLANs) and other wireless devices all over the world. Such wireless devices emit Radio Frequency/ Electromagnetic waves that, under certain conditions, can have undesirable effects on human health. Different individuals, in particular, use cell phones in different ways. Some people use the mobile phones for an extended period of time due to which their head is exposed to radiation. However, people seem to ignore the safety measures due to the lack of awareness of the ill effects caused by exposure to such radiation. There has been no conclusive research published on the ill effects caused by exposure to Radio Frequency emitted from wireless cell phones. Still in various countries like the United States and the United Kingdom, the governments have made it necessary that the cell phones carry a health warning about their ill effects. Although no possible links have been found of the relationship between the RFR emitted from the wireless cell phones and the major ill effects. However some research carried out in this field has shown that the RFR emitted from wireless cell phones could interfere with the pacemakers, could effect the blood brain barrier, could damage the DNA which could lead to abnormal genetic changes. Research has also shown that the radio frequency could also

Legal Theory Essay Example | Topics and Well Written Essays - 1000 words

Legal Theory - Essay Example These ideas and ideologies have assumed a global and even pan-human application. When applied they claim a universalism. When dissected, however, they show themselves to have a decidedly Western origin and influence. This has been shown to be the case in the global spread of various ideas and power systems like democracy, capitalism, industrialisation, colonialism, internationalism, and even socialism. The global reach of many of these ideologies and social structures inevitably incited reaction and dissent. Capitalism spawned socialism. Industrialisation gave way to workers movements. Colonialism yielded to Third World political rumblings and international ideologies like global Marxism, Pan-Africanism, and Pan-Arabism (to mention a few). To all this must be added twentieth century feminism. Though it may seem an oversimplification, much of twentieth century feminism sought to voice a discourse largely critical of the sexual inequality inherent in capitalism, be it in its national and/or its international forms. From the viewpoint of Marxism, the State is ‘a reflection, if not the instrument, of the power of the dominant economic class’ (Newman 2004, 141). From a gender perspective, the State largely mirrors the interests of males vis-a-vis females on an individualised basis. The modern State of capitalist society lies at the centre of what feminism sees as the tyran nical, patriarchal system of domination over the bodies and lives of women. This same State figures prominently in the structure of globalisation which has served to propagate Western power systems across the globe. Whether one approaches the role and place of women from an international, global perspective or from an individual State perspective, the question for feminists is for the most part a matter of the imposition of power and the limitation and circumscription of female individual autonomy. With respect to prostitution, particularly its criminalisation, the State