Sunday, October 2, 2011
Safe Experience Using a Razor Scooter For How to Ensure
Saturday, October 1, 2011
More Kids Like This One Imagine If We Had
Cogitating rather than dilly-dallying as most teenagers her age, Cheyenne thought about ways to prevent accidents on a rather busy street near her house. Looking out from her window, Cheyenne witnessed many accidents occurring because of careless lead-foot drivers putting the pedal to the medal without regard to the lives they might be risking. Her idea to create a speed bump which would detect an approaching speeding car and thus deploy itself, won her the chance to compete at the 13th annual Discovery 3M Young Scientist Challenge. At this final event, Cheyenne stands the chance to nail the coveted award of America's Top Young Scientist along with a $25,000 prize. Not bad for cogitating while looking outside her bedroom window.
As though this one invention were not enough, Cheyenne has also come up with another ingenious idea, one which could have implications for potential victims of future hurricanes and other nasty acts of nature. Prior to Hurricane Irene, which lashed out at the eastern seaboard, Cheyenne put forth a flood protection idea: a kind of waterproof sheet that would wrap around a house and essentially rise with impending flooding. The sheet would have built -in sensors that would monitor the level and water and thus rise or fall accordingly. The sheet thus would protect the house from water damage. I think insurance companies, hard-hit over the years by damages incurred from mother-nature-like storms, would welcome and even support such ideas.
Anyone who reads the news regularly or who keeps up with current events, knows that the country is in deep trouble. Unrelenting fiscal debt, staggering unemployment figures, and consumer confidence levels that have not been this low since the Great Depression. So it is heartening when I read in the newspaper something more positive, such as the story about fourteen year old Cheyenne Hua, a ninth-grader at Hunter College Junior High School in Queens, New York, who is coming up with ideas to prevent fatalities from speeding drivers and to ward off future victims of such calamities as hurricanes and flooding.
Cheyenne's parents are obviously very proud of her. In fact, Cheyenne gets a pass on most household chores because of the time she spends cogitating on her inventions. Then again, if more kids did what Cheyenne did, I think most parents would agree to give them a pass on other mundane chores. Certainly the insurance companies would agree. Let's give our hats off to such promising young kids.
Joe is a prolific writer of self-help and educational material and is the creator and author of over a dozen books and ebooks which have been read throughout the world. He is a former teacher of high school and college mathematics and has recently returned as a professor of mathematics at a local community college in New Jersey.
Friday, September 23, 2011
It's Not Gravy Forever Of Investment Peaks
Scientists have been searching for a source of perpetual motion for decades - the thing that you set in motion, and it just keeps running forever. Unfortunately, this sort of thing doesn't exist in nature, and that should tell you something about your investments - they are finite, and there are definitely investment peaks to be watched for.
Nothing is forever
An investment is not something you put money into once then forget about it, and simply keep reaping dividends in perpetuity. Sure, some investments may seem that way: treasury bills, bonds and other boring, low yield investments do in fact continue to generate modest returns for quite some time, but so does bank interest, which can't really be considered investment per se - those forms of money storage don't seem to have investment peaks.
What exactly are we talking about then?
Investment peaks are nothing more than the point where an investment, be it a stock or business enterprise, has reached its earning potential for your portfolio. Call it a saturation point or a stalling out of sorts. It's the point where an investment has simply ceased to become an investment anymore and it begins to be a financial drain rather than an asset.
How can I prevent against this?
Be vigilant of your holdings and portfolio. A perfect example of investment peaks is your home - not five years ago, it had fundamentally peaked in value, reaching higher and higher until it superseded all known data or metrics in the history of American homes. After that, however, it started a slow, gradual descent - not so gradual for some people - to the point where it is worth less now than it was five years ago. Not many people can say today their homes are worth more than they were in 2007. Other investments such as businesses, stocks, or ventures behave accordingly, they don't rise for ever.
Get out your crystal ball
If you could call the peak of a stock or home price, you'd be clairvoyant. The key to watching for investment peaks is not to call the very top, although it would be nice to - the key is to set a realistic goal for an investment and then remove your money when you've achieved that goal, and do something else with it. Greed keeps us locked into declining investments long after they've reached their expiration dates. We think they'll go back up, and we end up riding them all the way down instead.
Your investment strategy needs not so much to focus on predicting the future as it does to make a detailed investment plan and stick to it, exiting from the investment when the income goal is met, and no later. Will this result in leaving some money on the table? Absolutely, but money is better left on the table than it is coming out of your pocket die to errors in judgment caused by blinding greed. Do yourself a favor and get with your financial advisor, or do it yourself if you have to, but set concrete financial goals and be well out of the investment when the investment peaks, which it most certainly will.