RRJ3

Reading reaction journal 3
Reference:
Updegrave, W. (2008, February 2) Making $300.000 last a lifetime. CNN.com Retrieved Feb 17
,2010 from
http://money.cnn.com/2010/02/02/pf/expert/lifetime_income.moneymag/index.htm
Summary:
The article is talking about 300,000 dollars for your last of lifetime. If you need 300,000 dollars, you need to save your money by now. You have to count that how much you can save. The cost is without your required expense. This is a bigger cost to most people. Therefore, one can count about how much you need to save after income. Also you able use the software from a fund company. You can type a umber, and then, the software will run out about 49 different items to you. But, it is referral for you because you have to count about amount for inflation. But, you have to know two things before you invest. One is how much does your income. This one have to decide form your health. The other is that how much of that income can you reasonable expect.
Different invest has different risk. Therefore, you have to know about how much risk you able bear. If you choose a low risk way to invest, you will get as less one or two percent’s remuneration, If you choose higher risk to invest. For example, stock of high interest. Perhaps you can get more remuneration. But, it may let you loss more and more money in there. You must know that what invest way you want. Do not hear that which way able get more remuneration. You have to choose a best way to invest you want. And then, save your 300,.000 or more for your last of lifetime.
Reaction:
Save some money for your last of lifetime is very important. It is similar you pay your retirement pay for your government. The different ways are risk and interest. Your retirement pay is controlled by your government. And then the interest is fixed. But, your invest is changeable. One can choose one kind of fund. One able know the market variation. Therefore, one able free to control that what do you want. If you do not like this fund, you can change to another fund next day.
If you have no time to invest, you can authorize to the company to help you to invest. But, you need to pay some fee to the company. The fee about 5 or 10 percent of your remuneration. The company has professional people on marketing. Perhaps the remuneration is not high. But, I think that still higher than your retirement pay. Therefore, this investing is requirement for all of people because your retirement pay is not enough for your last of lifetime. So, how to making money for last of lifetime is a trend now.

RRJ2

Bill, P. (2010, January 22) “Getting in on china’s stock boom”. Retrieved January 31, 2010, from

http://money.cnn.com/2010/01/22/pf/china_stocks.moneymag/index.htm

Summary:

The china stock marketing is one of important economic in the world. In last year, the china was faced economic downturn. But they were not influenced by it. Their stock markets were not influence by anything. Some stock markets have grew up last year. It looks like good. But, it lent to some banks than rise their loans and some worries. The china stock markets are not maturity and stable. Therefore, they need some people than they are professional to understand their markets need. A lot of people guess two ways that equity and real estate will be bubble.

But, their exports still grow up. So, there is no visible threat of inflation. They still think about the china stock is good. They are thinking that infrastructure of china still has a lot of demand in the future. Even cars, appliances, and consumer electronics are also having a lot of demand in china. Therefore, the stock of china may grow up in this year.

Reaction:

The stock of china is an important market of economic in the world. They are called third economic market in the world. A lot of companies like go to china to build their factories, because manpower of china is cheaper than other country. And then the government of china offers some very good functions to companies, for example low tax and grounds. It lent to economic of china grow up very fast. But they have pay attention to their market of stock because people are easy to speculate in their market of stock when this situation that the economic grow up very fast. Although, china is a good place to invest, but it still have risk. “High risk high remuneration.” some people are successful in here, but some people are failing in here. You must understand marketing and demand. Otherwise, you will easy fail in here.