Your Questions About 10 Golden Rules Of Investing

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John asks…

help homework buisness?

7. (TCO 4) The vice president of human resources at Ato Enterprises feels strongly that workers need to realize the benefits of their hard work. This reveals the firm’s responsibility to: (Points : 1)
customers
investors
society
employees

8. (TCO 4) Which of the following statements describes ethical behavior in the U.S? (Points : 1)
Due to the diverse cultures that make up the U.S., it is difficult to identify common standards of ethical behavior
The only common standards of ethical behavior in the U.S. are reflected in religious teachings
We can find common moral values that many Americans uphold, including respect for human life, self-control, honesty, integrity, and courage
Americans will generally describe the golden rule as the only statement of value that they uphold

9. (TCO 4) Many Americans define ethical behavior according to the situation in which they find themselves. This suggests that there may be situations where ________ to cheat, steal, or lie (Points : 1)
it is absolutely wrong
it might be OK
business people are expected
capitalism forces people

10. (TCO 4) Purposefully understating your firm’s income to avoid paying higher taxes is an example of: (Points : 1)
An accepted business practice
Tax accountants doing their job
Illegal behavior
A firm’s responsibility to its owners

11. (TCO 4) A high-level manager gathers his team of supervisors together to create a new office policy that will affect all employees at the company. After receiving a verbal nod from the supervisors, he then proceeds to pass around a written form of the new policy and asks all members of the team to initial it. He explains to the supervisors that the new policy will be posted in the breakrooms on each floor of corporate headquarters. If you were a part of this work team, which question would you ultimately ask yourself before initialing your approval of this policy? (Points : 1)
Is it legal?
Is it balanced?
How will it make me feel about myself?
Is it a lose-lose situation?

12. (TCO 4) Relationships between businesses and among nations (Points : 1)
should be based on international law, exclusively
should be based on fairness, honesty, openness, and moral integrity
should be scrutinized carefully to make some determination as to whether both sides have the same type of leader behavior when it comes to assigning work
will be adversarial because seldom does either side believe in win-win situations

13. (TCO 4) Following an ethics-based approach to decision making will normally lead to: (Points : 1)
higher profits
lower employee turnover
lower prices
more competition

14. (TCO 4) With respect to business ethics, it can be said that “it takes two to tango.” This indicates that: (Points : 1)
dancing around issues should be part of a firm’s code of ethics
an individual’s behavior is influenced by the behavior of others
teamwork eliminates a need for personal ethics
management is insensitive to ethical issues

15. (TCO 4) Several outside groups regularly monitor the activities of Metro Chemical Corporation. These groups are interested in the firm’s involvement and enforcement of their ethical and social responsibility policies. Who of the following is the least likely to be among the “watchdog” groups? (Points : 1)
The financial officer of a church with funds invested in the chemical company
Overseers from the World Trade Organization (WTO)
A student in environmental engineering attending a local college
The president of the union representing the workers at the chemical company

Justin answers:

Do you feel that the “World leaders” dont LEAD?
They only care budgets, taxes, cuts and not the humankind….
They dont care about enviroment, health, education, sciences, etc.

James asks…

can any one send me the golden rulls of investment by warren buffet ??? eg.when other gredy u shoud be fear?

2.if your portfolio lost 50 % of ur port folio if it creat a problem in ur stomuch dont enter in this mkt

like this 10 ruus are there can any one send me this

Justin answers:

“A simple rule dictates my buying: Be fearful when others are greedy, and be greedy when others are fearful,” said Buffett. “And most certainly, fear is now widespread, gripping even seasoned investors.”

This is the basic rule that Warrent Buffett explained on a video interview and that an article from CNN explains a little bit further.

Basically, before the crisis exploded, Warren Buffett had invested his money almost entirely in Treasury Bonds, which is almost like having all his money in cash with a protection for inflation. But now that many stock’s have lost more than 30% of their value, Warren is switching his entire porfolio to U.S. Stocks . He is now using his huge savings to buy cheap stocks.

He is investing on these companies not because he is just a good guy that wants to help them. He is investing because he knows that these companies have strong potential for future growth and now that their prices are very low it is the moment to buy.

This is like buying a house from somenone that is in financial trouble and is desperate to sell, causing that these guys sell their houses for a fraction of what they are really worth.

This reminds me of the old fable from Aesop “The Ant and the Grasshopper” and it couldn’t be more true. Obviously, while the rest of people where enjoying the boom of the stock and house markets, he was getting stronger in his cash position via saving in Treasury bonds, and then when the “winter” came in, he is now ready to use his cash to buy the leftovers of the “grasshoppers” at bargain prices.

While it sounds like a simple rule to follow, in reality it is hard to tell whether we are at the top or the bottom of a market. It’s difficult as economic cycles are never the same and some might last longer. In the case of Mexico’s economy, the last time we had a financial crisis was in late 1994 and now we are again at the brink of another one in late 2008, that is 14 years distance, and we went through smaller economic cycles in between.

This is my first financial crisis in my adult life and as a head of family, while I still have memories from the last crisis, it’s not the same now, as now I have duties that I didn’t have before. But I’m sure we all will learn valualble and painful lessons from this crisis that now has a global reach.

I think this artlcle will help you

Daniel asks…

What denomination of Christianity do my beliefs go in to.?

There are so many denominations in Christianity, that’s why I generally just say I am a “Christian” all together, and see it more as a “way of life” and “relationship/reconciliation” with God. I’ve generally been called “Evangelical” but because in my country mostly anyone who is a non-catholic christian is called an “evangélico”; excluding the sects (Mormonism, etc). I will share my beliefs so anyone could try and help me see what actual “denomination” I share more with. If a particular belief is not shared by anyone, I mean no offense at all it’s just my own personal thing. Generally, after some brief investigation I seem to think I probably fit into one of the following “Evangelical” , “Pentecostal” or “Baptist” but I may fit into a different one as well.

My beliefs:

*The Bible is the word of God.
*I don’t believe in the Pope, specific “dogmas” made by institutions but rather always having to refer to the Bible for answers.
*I believe Mary does not have any “specific” status superior than any other human being in Heaven, like some people call her “blessed above all woman on earth” “saint” etc. I believe she was just Jesus’s mother on Earth, and for that she is to be respected but nothing else.
*One must personally choose to accept God in his heart, this also includes baptise. It’s a personal choice, not one imposed on me at birth or something like that.
*I believe salvation is through God´s grace and true FAITH alone. But that we must truly try to live a Christian life style.
*I believe in the day of Judgment God will judge everyone “individually” and truly judge us upon what we knew in life, and with our hearts felt was the truth, etc.
*I believe in the Trinity.
*I believe temptation is not a sin, but rather acting on it.
*I don´t believe in extremism, because most people who claim to be “true” christians sometimes forget the Golden Rule that even Christ taught about respecting one´s neighbor etc even if we don´t share the same points of view!
*At my Church, usually there is about an hour of hyms and music to glorify the Lord (some really cool christian rock music), then about another hour of teaching from the Pastor expanding the teachings in the Bible to try and explain it to us in a more “human” way and with examples from every day life etc.
*I believe in giving the 10% (I don´t know how to translate diezmo into english). Because I believe that it will give us more blessings, and eventually we are investing that “10%” into bigger and greater blessings God will give us in times of need. Although I don’t believe you are less christian, or sinning, or condemned by not giving it.
*I believe you have the Holy Spirit in you once you personally accepted the Lord as your Savior, and if it is the Lord´s will he will grant you the gifts (such as speaking in tongues, healing, etc).
*I don´t actually know what to think of this exactly, because I have still a lot to learn about Christianity, but FOR NOW, I believe Baptism is a huge step to help us in our relationship with Christ, but that you can accept him with your heart, and die without being baptized and still be saved (I.E, people who decide to repent and accept Christ a minute before death).
*I believe to repent of sins is something that you can do anywhere, out loud or in silence, but for it to truly come from your heart. Always asking the father if it is his will to forgive you, in Jesus’s name amen. I believe that if you truly with your honest and sincere heart say “Heavenly Father, please forgive me for all my sins, if it is your will, in Jesus´s name, amen.” That´s enough to cover it!
*Jesus gave us a model prayer in the Gospels, but we can pray any way we please.
*I believe the Lord´s supper is to be taken very seriously.
*I DO NOT believe in preaching statues, idols, or anything. I don´t have “pictures” of what is supposed to be how Jesus looked like, I just try to refrain from that sort of thing, although I don´t think there is a problem just as long as they don´t worship that image. To me, I don´t care if you ripped that picture in my face with scissors it doesn´t at all change my faith!
*Our body has a “flesh” part, a “soul” part, and a “spiritual” part.

I can keep going on and on, but I think this is enough. Thank you.
Oh and I believe Science and religion can get along. I just think many people don’t know how to interpret things. Because I believe some things in the Bible we can interpret as metaphorically rather than literal. For example, the earth could have been made in 6 days, but remember for God 6 days could be 6000 days!! I also believe that things like “dragons shooting fire and flying” in Revelations, probably was just written like that so people back then with no knowledge of the future could understand, maybe they mean things such as “tanks, helicopters, bombs” etc.

Justin answers:

There are not supposed to be denominations in the Body of Christ since the body cannot be divided. It sounds like your doctrines are correct but if a church tells you that if you do not speak in tongues then you should leave that church and never return. Speaking in tongues is not given to everyone and some assemblies abuse it by not having any interpreters and use it solely for “proof” the Spirit is working in the assembly. Read 1 Corinthians chapter 14.

Also, there is no such thing as goving 10%, for that is law-keeping:

For if the willingness is there,
the gift is acceptable according to what one has, not according to what he does not have.
2 Corinthians 8:12

Each man should give what he has decided in his heart to give, not reluctantly or under compulsion, for God loves a cheerful giver.
2 Corinthians 9:7

Just be a Christian and forget about the denominations.

Siempre somos el querpo de Christo, Amen.

Mark asks…

Why is religion bad business?

Here’s an economic reason why I think religion is a bad idea:

Of course I’m assuming religion as superfluous, which of course isn’t completely true.

1. Full-time clergy don’t help the economy in any way, because they don’t work. They just spend the money that is given to them and make a living off of that. In my books, they must as well count as the unemployed.

2. Theists donate money to the church, now I know some of it goes to charity but the other half goes to upkeep, contruction of churches and the paying full-time clergy. It’s much better to just donate directly to a charity.

3. The money people donate takes away from people’s disposable income. The more disposable income you have the more money you save. The more savings people have the the more money is invested into the bank or businesses. This leads us closer to the Golden Rule savings rate (ie. the consumption per efficiency unit of labour is maximized when we reach the Golden Rule savings rate)
Sorry about being so insensitive but economics is based on presumptions.
I know that religion helps a lot of people, I just think there’s more efficient ways to be helped.
I said full-time clergy several times.

Justin answers:

The Clergy in my religion are NOT PAID.. They support themselves by WORKING!…

EVERYTHING we have comes from God.. Our talents, abilities, skills, .. Everything.. And we are to pay 1/10 of our increase as Tithe to show gratitude and to acknowledge where these things come from…

I make more money now than before I started paying Tithing.

Charles asks…

I have 20k to invest? What do u think will make me money fast???? Within 30-60 days?

whats a brokerage account

Justin answers:

Your desire is a very typical one; the desire to make a quick return on your investment.

Remember that the golden rule of investing is — the higher the return, the greater the yield.

To get a good return you have to assume more risk of loss. If you do not want to risk loss, the reurns will be low, like bank CDs – they are fully insured by the FDIC, but the yield is about 5% or so, not a lot.

If you put your money into a volaitle and risky vehicle, like a junk bond, your risk is high that the investment will lose principal, but the yield will usually be tempting – in the order of 8-10% or even more.

Before you invest, ask yourself if you can afford to assume the risk level of the investment. Depending on your stage of life, young, mid-career, or retired, your risk tolerance will be different.

Just remember, the other rule of investing — there ain’t no free lunch.

George asks…

top contributor gets 10 points?

if you had 250k cash and you wanted to invest it in a real business to make a lot of money what would you do? Serious answers only please

Justin answers:

Dude golden rule never put all ur eggs in one basket.

Simple formula

make atleast five portions and invest in five different places

real estate, stocks, currencey mkt, mutual fund, govt funded securities, commodities, swap and bonds go for it.

High risk high return

low risk low return

Donald asks…

what is proceedure for investing? plz give me more details?

Justin answers:

The sooner one starts investing the better. By investing early you allow your
investments more time to grow, whereby the concept of compounding (as
we shall see later) increases your income, by accumulating the principal and
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the interest or dividend earned on it, year after year. The three golden rules
for all investors are:
§ Invest early
§ Invest regularly
§ Invest for long term and not short term
What care should one take while investing?
Before making any investment, one must ensure to:
1. Obtain written documents explaining the investment
2. Read and understand such documents
3. Verify the legitimacy of the investment
4. Find out the costs and benefits associated with the investment
5. Assess the risk-return profile of the investment
6. Know the liquidity and safety aspects of the investment
7. Ascertain if it is appropriate for your specific goals
8. Compare these details with other investment opportunities available
9. Examine if it fits in with other investments you are considering or you
have already made
10. Deal only through an authorised intermediary
11. Seek all clarifications about the intermediary and the investment
12. Explore the options available to you if something were to go wrong,
and then, if satisfied, make the investment.
These are called the Twelve Important Steps to Investing.
One may invest in:
§ Physical assets like real estate, gold/jewellery, commodities etc.
And/or
§ Financial assets such as fixed deposits with banks, small saving
instrume nts with post offices, insurance/provident/pension fund etc.
Or securities market related instruments like shares, bonds,
debentures etc.

Broadly speaking, savings bank account, money market/liquid funds and
fixed deposits with banks may be considered as short-term financial
investment options:
Savings Bank Account is often the first banking product people
use, which offers low interest (4%-5% p.a.), making them only
marginally better than fixed deposits.
Money Market or Liquid Funds are a specialized form of mutual
funds that invest in extremely short-term fixed income instruments
and thereby provide easy liquidity. Unlike most mutual funds, money
market funds are primarily oriented towards protecting your capital
and then, aim to maximise returns. Money market funds usually yieldbetter returns than savings accounts, but lower than bank fixed
deposits.
Fixed Deposits with Banks are also referred to as term deposits
and minimum investment period for bank FDs is 30 days. Fixed
Deposits with banks are for investors with low risk appetite, and may
be considered for 6-12 months investment period as normally
interest on less than 6 months bank FDs is likely to be lower than
money market fund returns.
Long-term financial options available for
investment are:-
Post Office Savings Schemes, Public Provident Fund, Company Fixed
Deposits, Bonds and Debentures, Mutual Funds etc.

Hope this helps u…

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