Risk Profiling free essay sample

In financial markets, risk profiling of an individual helps financial advisor in identifying a persons ability to deal with risk at various level while investing. It is a duty of financial planner to focus on risk profiling before they suggesting a product to their client. Risk profiling generally divide individuals to certain category such as conservative, moderate, aggressive Investors. Risk profiling process of every people is varied due to environmental factor such as peer pressure, market sentiment, changing moods of individuals, and rising age. Based on the assessment of clients tolerance to risk, Peter and Janet Lie can be categorized as a risk indifferent person as they have the courage to take investment with high-return yet high-risk probability. In addition Peter and Janet Lie prefer high growth investment with a middle ground of risk. Apparently, Peter and Janet Lies concept of high-return with middle ground risk are not in line, it is impossible for the them since high return investment requires high risk as well (consistent relationship). We will write a custom essay sample on Risk Profiling or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Whereas the tolerance is inversely related to the risk class; thus, the Geiger the risk, the lower the tolerance. According to Grahams theory, Peter and Janet lie can be classified as moderate investor. Based on Grahams Theory a moderate investor is bias towards income producing but expecting more growth in investments than conservative investor. They concern about capital growth and focus on maintaining to preserve their assets as well. This proven by the questionnaires answered by them, Peter and Janet Lie would cut their losses and transfer their funds into more secure investment sectors (such as bonds or debentures) if their portfolio value has decreased in value by 20% after six months after placing investment. Furthermore, Peter and Janet Lie have experienced high-risk investment in the past, therefore they know that high risk investment generally have a small accessible liquidity, as the result they now have a higher concern about their capital. The inconsistencies that I found in questionnaires is Peter and Janet Lie are actually a moderate investor who supposed to have spare assets to offset unpredictable or unexpected occasions in the future, but in facts they only provide a small proportion of fund that readily accessible for emergencies such as dental and car repairs. These emergencies can be a serious setback if the clients are not prepared. The amount of emergency fund relies on the current lifestyle and expenses. They supposed to have more or less 3 months of income set aside to meet emergencies without depending on credit cards. A cash management trust that gives high interest is a suitable place to keep emergency funds. Since both Peter and Janet Lie are moderate investor, their primary investments goal focuses on capital growth, therefore they can keep up with some fluctuations in their investments value to anticipate a higher return. They look tort balance to income and capital growth over medium-to-long term, they are organized to take short-term risk to gain a potential longer term capital growth, they also like to observe an investment conscientiously to prevent a loss in value in the future. It would be Peter and Janet Lie if they choose medium risk structure investment with long investment period, since they prefer long-term investment and the returns generated by this kind of investment is promising and with lower risk compared to long term investment as well. They are supposed to invest 40% in income producing sets, such as fixed interest and 60% in growth assets, such as shares and property. The suggested minimum investment timeshare is 3-areas.

Battles and Battle Techniques essays

Battles and Battle Techniques essays Many battles happened during Romes reign over its Empire. Although many, I will only name a few as well as some of their techniques that helped them ensure a victory. Probably Romes most famous battles came from the Punic Wars. A revolt in Messana, Sicily, provided the opportunity the Romans were looking for. Asked for help against the Phoenicians, the Romans sent in an expeditionary force, small, but sufficient to send the Phoenician group back to Carthage. Carthage responded by sending in a larger force, to which the Romans responded with a full consular army. In 262 B.C. Rome won many small victories, giving it control over almost the entire island. But the Romans needed control of the sea for final victory and Carthage was a naval power. With both sides balanced, the war continued for 20 more years until the war-weary Phoenicians just gave up in 241. Rome eventually defeated Carthage altogether and in a burst of anger, decided to destroy the entire city, then pour salt all over it so nothing would grow on it ever again. Many other great battles took place as Caesar triumphed in Gaul, north of Italy. There he conquered the whole area but only for his personal gain and to get a Triumph when he returned to Rome. Now, some of Romes battle techniques, strategies and basic military tactics. Your basic Roman soldier wore a tunic, but with barely any armor, carried and shield but more often than not just slung it over is soldier when not in battle, held a spear and wore two belts around his waist with a dagger in one and a sword in the other. Roman helmets were usually made of copper and the solider would often scratch is name on it to signify ownership. Now Im going to go into some detail about Romes most famour battle technique, the phalanx. Then Roman phalanx was quick, strong, and an effective way to ...

House Un-American Activities Committee

House Un-American Activities Committee The House Un-American Activities Committee was empowered for more than three decades to investigate subversive activity in American society. The committee began operating in 1938, but its greatest impact came following World War II, when it engaged in a highly publicized crusade against suspected communists. The committee exerted  a far-reaching impact on society, to the extent that phrases such as naming names became part of the language, along with Are you now or have you ever been a member of the Communist Party? A subpoena to testify before the committee, commonly known as HUAC, could derail someones career. And some Americans essentially had their lives destroyed by the committees actions. Many names called to testify before the committee during its most influential period, in the late 1940s and 1950s, are familiar, and include actor Gary Cooper, animator and producer Walt Disney, folksinger Pete Seeger, and future politician Ronald Reagan. Others called to testify are far less familiar today, in part because their popularity was brought to an end when HUAC came calling. 1930s: The Dies Committee The committee was first formed  as the brainchild of a congressman from Texas, Martin Dies. A conservative Democrat who had supported rural New Deal programs during Franklin Roosevelts first term, Dies had become disillusioned when Roosevelt and his cabinet demonstrated support for the labor movement. Dies, who had a flair for befriending influential journalists and attracting publicity, claimed communists had widely infiltrated American labor unions. In a flurry of activity, the newly formed committee, in 1938, began making accusations about communist influence in the United States. There was already a rumor campaign, helped along by conservative newspapers and commentators such as the very popular radio personality and priest Father Coughlin, alleging the Roosevelt administration harbored communist sympathizers and foreign radicals. Dies capitalized on the popular accusations. The Dies Committee became a fixture in newspaper headlines as it held hearings focused on how politicians reacted to strikes by labor unions. President Roosevelt reacted by making his own headlines. In a press conference on October 25, 1938, Roosevelt denounced the committees activities, in particular, its attacks on the governor of Michigan, who was running for reelection.   A story on the front page of the New York Times the following day said the presidents criticism of the committee had been delivered in caustic terms.  Roosevelt was outraged that the committee had attacked the governor over actions he had taken during a major strike at automobile plants in Detroit the previous year. Despite public skirmishing between the committee and the Roosevelt administration, the Dies Committee continued its work. It eventually named more than 1,000 government workers as being suspected communists, and essentially created a template for what would occur in later years. The Hunt for Communists In America The work of the House Un-American Activities Committee faded in significance during World War II. That was partly because the United States was allied with the Soviet Union, and the need for the Russians to help defeat the Nazis outweighed immediate concerns about communism. And, of course, the publics attention was focused on the war itself. When the war ended, concerns about communist infiltration in American life returned to the headlines. The committee was reconstituted under the leadership of a conservative New Jersey congressman, J. Parnell Thomas. In 1947 an aggressive investigation began of suspected communist influence in the movie business. On October 20, 1947, the committee began hearings in Washington in which prominent members of the film industry testified. On the first day, studio heads Jack Warner and Louis B. Mayer denounced what they called un-American writers in Hollywood, and swore not to employ them. The novelist Ayn Rand, who was working as a screenwriter in Hollywood, also testified and denounced a recent musical film, Song of Russia, as a vehicle of communist propaganda. The hearings continued for days, and prominent names called to testify guaranteed headlines. Walt Disney appeared as a friendly witness expressing fears of communism, as did actor and future president Ronald Reagan, who was serving as the president of the actors union, the Screen Actors Guild. The Hollywood Ten The atmosphere of the hearings changed when the committee called a number of Hollywood writers who had been accused of being communists. The group, which included Ring Lardner, Jr., and Dalton Trumbo, refused to testify about their past affiliations and suspected involvement with the Communist Party or communist-aligned organizations. The hostile witnesses became known as the Hollywood Ten. A number of prominent show business personalities, including Humphrey Bogart and Lauren Bacall, formed a committee to support the group, claiming their constitutional rights were being trampled. Despite public demonstrations of support, the hostile witnesses were ultimately charged with contempt of Congress. After being tried and convicted, the members of the Hollywood Ten served one-year terms in federal prisons. Following their legal ordeals, the Hollywood Ten were effectively blacklisted and couldnt work in Hollywood under their own names.   The Blacklists People in the entertainment business accused of communist of subversive views began to be  blacklisted. A booklet called Red Channels was published in 1950 which named 151 actors, screenwriters, and directors suspected of being communists. Other lists of suspected subversives circulated, and those who were named were routinely blacklisted. In 1954, the Ford Foundation sponsored a report on blacklisting led by a former magazine editor John Cogley. After studying the practice, the report concluded that the blacklist in Hollywood was not only real, it was very powerful. A front-page story in the New York Times on June 25, 1956, described the practice in considerable detail. According to Cogleys report, the practice of blacklisting could be traced to the case of the Hollywood Ten being named by the House Un-American Activities Committee. Three weeks later, an editorial in the New York Times summarized some major aspects of blacklisting: Mr. Cogleys report, published last month, found that blacklisting is almost universally accepted as a face of life in Hollywood, constitutes a secret and labyrinthine world of political screening in the radio and television fields, and is now part and parcel of life on Madison Avenue among advertising agencies that control many radio and TV programs. The House Committee on Un-American Activities responded to the report on blacklisting by calling the author of the report, John Cogley before the committee. During his testimony, Cogley was essentially accused of trying to help hide communists when he would not reveal confidential sources. The Alger Hiss Case In 1948 HUAC was at the center of a major controversy when journalist Whitaker Chambers, while testifying before the committee, accused a State Department official, Alger Hiss, of having been a Russian spy. The Hiss case quickly became a sensation in the press, and a young congressman from California, Richard M. Nixon, a member of the committee, fixated on Hiss. Hiss denied the accusations by Chambers during his own testimony before the committee. He also challenged Chambers to repeat the accusations outside of a congressional hearing (and beyond congressional immunity), so he could sue him for libel. Chambers repeated the charge on a television program and Hiss sued him. Chambers then produced microfilmed documents which he said Hiss had provided to him years earlier. Congressman Nixon made much of the microfilm, and it helped propel his political career. Hiss was eventually charged with perjury, and after two trials he was convicted and served three years in federal prison. Debates about the guilt or  innocent of Hiss have continued for decades. The End of HUAC The committee continued its work through the 1950s, though its importance seemed to fade. In the 1960s, it turned its attention to the Anti-War Movement. But after the committees heyday of the 1950s, it did not attract much public attention. A 1968 article about the committee in the New York Times noted that while it was once flushed with glory HUAC had created little stir in recent years...   Hearings to investigate the Yippies, the radical and irreverent political faction led by Abbie Hoffman and Jerry Rubin, in the fall of 1968 turned into a predictable circus. Many members of Congress began to view the committee as obsolete. In 1969, in an effort to distance the committee from its controversial past, it was renamed the House Internal Security Committee. Efforts to disband the committee gained momentum, spearheaded by Father Robert Drinan, a Jesuit priest serving as a congressman from Massachusetts. Drinan, who was very concerned about the civil liberties abuses of the committee, was quoted in the New York Times: Father Drinan said he would continue to work to kill the committee in order to improve the image of Congress and protect the privacy of citizens from the libelous and outrageous dossiers maintained by the committee.The committee keeps files on professors, journalists, housewives, politicians, businessmen, students, and other sincere, honest individuals from every part of the United States who, unlike the proponents of the blacklisting activities of HISC, the the First Amendment at face value, he said. On January 13, 1975, the Democratic majority in the House of Representatives voted to abolish the committee.   While the House Un-American Activities Committee had stalwart supporters, especially during its most controversial years, the committee generally exists in American memory as a dark chapter. The abuses of the committee in the way it tormented witnesses stands as a warning against reckless investigations which target American citizens.

Professional Knowledge and Abilities Research Paper

Professional Knowledge and Abilities - Research Paper Example The association promotes professionalism in education through the provision of classroom mini-grants and scholarships designed specifically to help advance continuing education and student achievement. All members are eligible to apply for these grants and scholarships. Through the association newsletter, Education Matters, an easy-to-read and straight-to-the-point letter, members are updated with key issues in the education career. Indeed, featured articles with refreshing perspective in recent editions include â€Å"A Charter School Success Story in the Making†, â€Å"Reinventing Special Education†, Empowering Teachers to do Assessment† and â€Å"The Three Reasons We Must Teach History†. Furthermore, through the Individual Liability Insurance policy, the association guarantees $2,000,000 protection per occurrence, per member. In addition, the association’s Legal Protection benefits ensure that members have access to legal counsel at the onset of wo rkplace issues and Defense costs. The legal coverage takes care of legal action arising from out of duties.

R. Twining and Company Limited Assignment Example | Topics and Well Written Essays - 750 words

R. Twining and Company Limited - Assignment Example Strengths These are the attributes that distinguish the company from its competitors. Here, we examine the abilities of the company by investigating its internal environment, which includes the company’s employees, its products and its finances. We evaluate the company’s strengths pertaining its financial position, customer care techniques, cost minimization and employee skills. We need to develop ways of improving the company’s advantages over its competitors in order to maximize profits. To begin with, Twinings Tea’s position in the market should be enhanced to increase its market share when compared to the competitors. This can be done through the training of Twinings Tea marketing staff in better and more customer friendly approaches when dealing with consumers on a personal basis. This will serve to set Twinings Tea on a better position to the consumers’ perspectives; thus, strategically place Twinings Tea in the market. In addition, the research and dev elopment department needs to come up with better blends of tea, for instance, through grafting of two of the major blends into a more superior blend that will achieve higher market dominance compared to competitor products. The department can also look into cheaper techniques of producing tea in order to reduce on costs, thereby maximizing profits (David. 2003, p.57).   2003, p.57). Moreover, an introduction of new tea flavours to the market will see an increase in sale, thus a subsequent increase in company profits. The firm’s management should also come up with regular employee training programmes to increase employee awareness of the ever changing dynamics in tea production. Weaknesses These are other internal factors that demonstrate the company’s shortcomings in its operations and performance of maximum yields. In order to maximize its profits, Twinings Tea should look into ways of totally eliminating its weaknesses or improving on those that cannot be eliminate d. Here, we aim at discovering the various setbacks in the company’s operations, recurring operational and customer experiences failures and the various escalated operational costs. To deal with these weaknesses, the organization should get rid of all the obsolete equipment in all departments and replace them with the latest high technology equipment. We note that equipment that utilize the latest technology require minimal power to operate; therefore, will save on the company’s energy consumption and costs. In addition, the company should clear all its outstanding loans with all financial institutions as the costs of servicing these loans is an enormous burden on the company’s economic wellbeing. The management should create cheaper ways of acquiring additional capital such as floating the company’s shares on the stock exchange. The manufacturing department should reduce on the product development cycle and improve on the products’ image in order to attract more customers, therefore, increase profits (Porter. 1998, p. 43). Opportunities These refer to the external conditions that aid in the realization of the organization’s objectives. They are conditions that the company can turn to its advantage in the attainment of increased sales and profits in the long run (Kendon. 1999, p. 58). The onset of the winter season presents a bonus to Twinings

The First World War Essay Example for Free

The First World War Essay The First World War though had the majority of the countries of the world involved in it, yet the major protagonists were European. Some of the historians and researchers even go as far as to name this war as an Imperialistic war. This is because one of the major reasons for the war to erupt was â€Å"due to the rivalries triggered off by the pressures of highly organized financial monopolies operating in the different European countriesâ€Å"(Henig, 2002, p. 38). Though this does not entirely explain the cause of the war, it nevertheless points towards the prominent presence of the European countries in the war. One of the major reasons for the war to erupt was due to the German’s interest in occupying colonies in Africa and Far East. There was a deep mistrust of the remaining European countries about its objectives. The colonial ambitions till this point were dominated by England, Russia and France, and to an extent Spain, and these countries had fought multiple wars amongst themselves regarding their colonial expansions. This created a power bloc in the European region which emerged clearly during the Morocco crisis. France entered the war fearing an invasion from Germany and also because of a long dispute for the areas of Alsace and Lorraine which it had lost to Germans in an earlier was in 1870-71. England entered the war because the successful invasion of France as well as Belgium would have made Germany very powerful. Germany and Russia in turn were in the war because they wished to defend themselves against their powerful European enemies. However much of the tensions caused due to this reason would have been sorted out without the need for any need for a war on such a scale. The catalyst for the war was yet another European crisis which actually led to the World war. The crisis occurred in the Balkan regions. Germany and Russia in order to gain allies supported Balkan countries i. e. Austria-Hungary and Serbia. When France Ferdinand, the crown prince of Austria-Hungary, was murdered on 28th June 1914, Serbia emerged as the hand behind it because they wished to be free from Austria-Hungary. Russia supported the Serbs because it considered it to be strategically important. This led to Germany declaring a war on Russia, from which point the war started and quickly spread through the entire Europe and in turn their colonies due to the tensions already present between the countries. Japan, though was not a colony of any of the European countries entered the war because it had a military agreement with Britain to aid it in any war, and so Japan declared a war on Germany (Strachan, 2001). There were two countries – Italy and United States, who had policies for a neutral approach during the World war at the start. In case of Italy, Allies persuaded it in to the war against its former allies i. e. Germany, Austria- Hungary by promising large territorial gains in the Austria-Hungary region. This made Italy join the war with the Allies in 1915. United States was one of the last countries to enter the war. United States was purely a capitalist country and had no interest in subscribing to wars. In fact President Woodrow Wilson had declared a policy of absolute neutrality in the war at its outset. However, President Wilson was the one to break its stance and join the war. This was because of the German stance for unrestricted submarine warfare which would have threatened America’s commercial shipping. The American commercial shipping was directed towards the Allies, and so it did have a great risk of being attacked by Germans, and when the attack did take place America reluctantly joined the war towards the very end in 1917. The impact of the World War was huge on all the countries involved. There was a huge loss of life and property on both the sides. Imperialism lost out and there was a period of intense socialism and communism, especially in Russia. The social class system became more liberal especially in Britain and France. Since the cost of the war was in billions, there were heavy taxes put on the traders to recover the costs, and this led to large scale economic problems in many countries, which was brought to a head during the Great Depression period in the 1920s and 1930s. United States came to be reckoned as a world power because of its decisive role in the war. In Europe many new states were created. League of Nations was created to sort out international problems, which would prove to be a failure soon. To take care of the down spiraling economic conditions many countries like Russia, Italy and Germany went in for military dictatorships (Henig, 2002). However, the impact was worst for the losing side. Germany became an outcast in front of the rest of the world. Million of people had died or become disables which meant a huge scale of unemployment. It was excluded from the League of Nations and had to give up a lot of territory to the winning side especially the disputed area of Alsace and Lorraine. Austria and Germany were separated and there was a limit on the size of the army of the countries. The countries also had to pay a lot of money to the winning sides to pay for the war damages which did moral as well as economic damage to the countries and the people living in these countries (Strachan, 2001).

A Prayer For Owen Meany Essay -- essays research papers

Prayer As A Symbol in Irving’s A PRAYER FOR OWEN MEANY In John Irving’s A PRAYER FOR OWEN MEANY there are many prominent symbols. Those of arm-less figures, water, and angels are a few of the more prominent ones but, there are also many symbols that are much more subtle than those few. The most prominent of the subtle symbols is that of prayer. Prayer, in an of itself, is an idea. But, in A PRAYER FOR OWEN MEANY, Irving uses it to convey many more abstract concepts. "THE TROUBLE WITH CHURCH IS THE SERVICE." Owen states. "A SERVICE IS CONDUCTED FOR A MASS AUDIENCE. JUST WHEN I START TO LIKE THE HYMN, EVERYONE PLOPS DOWN TO PRAY. JUST WHEN I START TO HEAR THE PRAYER, EVERYONE POPS UP TO SING (23)." In this passage prayer is viewed only as a part of the "hocus-pocus (21)" of church ceremony. It is thus representative both of Owen’s view of church formality and ceremony, and of the attitudes that both Owen and Johnny hold toward certain aspects of the church and its traditions. This becomes important on a larger scale when the reader recognizes the conflict that plagues both Johnny and Owen when it comes to religious issues. Johnny states this point clearly when he says, "I was baptized in the Congregational Church, and after some years of fraternity with the Episcopalian...I became rather weak in my religion: in my teens I attended a non-denomination church. Then I became an Anglican...(1)." These freq uent internal religious conflict...