Download money - Basics

23a money – basics
See File 29
Gold
• Where did the dollar sign ($) come from ?
feb 22, 14
It came from the United States --- seriously.
Take the letter (U)
and put it atop the letter (S).
Cut the bottom off the (U).
Now you have the dollar symbol
(computers have erased one of the vertical lines in the (U).
Compare your 1st salary to today’s value
Did you beat inflation?
http://www.westegg.com/inflation/
• Inheritance around the world
dec 13, 13
http://money.cnn.com/interactive/retirement/inheritanceretirees/?source=cnn_bin
• If your family spent $$ like the Feds
sep 13, 13
A shocking look at where the money goes (tax $$$)
http://www.washingtonpost.com/blogs/wonkblog/wp/2013/09/11/what
-if-a-typical-family-spent-like-the-federal-government-itd-be-a-veryweird-family/?hpid=z4
• Living wage calculator
mar 31, 13
http://livingwage.mit.edu/
• What is an American made car ?
jun 25, 13
http://www.usatoday.com/story/money/cars/2013/06/25/f150-camryamerican-made-sales-exports/2455527/
I’ve got more about this topic --- somewhere - - printed an article in the local paper decades ago.
• Currency converter
nov 26, 12
http://www.usatoday.com/money/markets/currencies/
• MONEY - STOCK MARKET LINKS -
oct 17, 12
• LINKS – this is a ‘general page’ that changes
day to day, but at the bottom are all kinds of
financial Links that are permanent.
http://www.usatoday.com/money/
these are the Links
Market Overview
Stocks, commodities, Treasury markets at a glance.
Mutual Funds
Top and bottom performers, other quick screens.
Commodities
Latest futures prices for 20 key commodities.
Internet 50
USAT’s index of e-consumer and e-business stocks.
Economic Calendar
Upcoming economic reports, earnings, stock splits.
Stocks
Advancers, decliners, most active.
ETFs
Top and bottom performers year to date.
International
More U.S. and world stock indexes.
Most Active Stocks
Sort by price change, percent change, exchange.
Currency Converter
Exchange rates, custom currency converter.
INDEX – what is in this File
What is a million / billion
Visualizing money
Missing money
Calculator – cost of iraq water
Calculator – beating inflation
Misc: The elite shopping card – you can’t afford
What an expensive BRA ---
• Minimum wage: what it buys 1950 to now
nov 13, 12
http://www.thefiscaltimes.com/Media/Slideshow/2012/04/04/Minimum
-Wage-and-What-It-Buys-You-1950s-to-Now.aspx
• $15 quadtrillion phone bill
1,000,000 million
1,000,000,000 billion
1,000,000,000,000 trillion
1,000,000,000,000,000 quadtrillion
oct 11, 12
http://www.bbc.co.uk/news/world-europe-19908095
• How does China manipulate money
oct 17, 12
http://www.slate.com/articles/news_and_politics/explainer/2012/10/china_currenc
y_manipulation_how_does_it_harm_the_u_s_and_what_can_we_do.html
• Romney & the 47% who don’t taxes
sep 18, 12
http://money.cnn.com/galleries/2012/pf/taxes/1203/gallery.election.moneymag/in
dex.html?hpt=hp_t2
• The math of Social Security – when
should I take it ?
aug 13, 12
http://www.cbsnews.com/8301-505146_162-57491805/when-to-take-socialsecurity-benefits/?tag=cbsnewsSectionContent.9
• What is FEDERAL RESERVE and
video: 2m 16s what do they do?
jun 20, 12
http://www.guardian.co.uk/business/interactive/2012/jun/20/federal-reserveexplainer-video
Before dealing with National Debts, and ‘big
numbers’ in the next File - lets define basic
terms – for you and the students:
For reference:
• 1 million seconds = 11+ days
•1 billion secs = 1,000 x 11+ days = 32 yrs
• 1 trillion seconds = 32,000 years
We use
those words as if they are
synonyms.
They are not.
• Financial Calculators of all types
oct 11, 11
Investment
Retirement
Mortgages – Real Estate Planning
http://cgi.money.cnn.com/tools/
• Where your IRS money goes
apr 5, 12
http://www.cbsnews.com/8301-505144_162-57410031/where-exactly-do-yourtax-dollars-go/?tag=cbsnewsSectionContent.9
• Who was the richest American,
ever
apr 15, 11
http://money.cnn.com/video/luxury/2011/04/15/lux_richest_man_ever.cnnmoney/
?source=cnn_bin&hpt=Sbin
Video 1m+
• The most expensive --- things ---- mar 28, 11
http://finance.yahoo.com/banking-budgeting/article/112378/worlds-most-expensiveitems;_ylt=A0PDkwMGA5FNKr0AbRK7YWsA;_ylu=X3oDMTFhcmYwbHQwBHBvcwMzBHNlYwN
wZXJzb25hbEZpbmFuY2UEc2xrA3RoZW1vc3RleHBlbg--
• Female billionaire list is growing jun 23, 10
http://www.msnbc.msn.com/id/37758848/ns/business-forbescom/
PART 2:
• Visual money
feb 4, 11
I’ve seen something like this before . . .
Obama will cut $100-million from the Budget.
This explains why no elected
official can make a
dent in our deficit spending.
An informative 1m:38s
http://www.wimp.com/budgetcuts/
• $14,300 Tuition - paid for in $1 bills jan 18, 11
http://www.cnn.com/video/#/video/us/2011/01/17/dnt.tuition.paid.dollars.cnn?hpt=
T2
Apply the logic from the above example –
1 ream is $2,000 --- so the guy had 7+ reams
of paper.
• China’s money – our money: what’s the
exchange rate fuss ? jan 19, 11
http://www.pbs.org/newshour/bb/business/jan-june11/chinacurrency_01-18.html
• 40 billionaires are giving 50% of assets away aug 4, 10
http://www.msnbc.msn.com/id/38556042/ns/us_news-giving/
• Business ethics – does it exist
sep 13, 10
http://www.usatoday.com/money/industries/food/2010-09-13starbucks13_ST_N.htm
They changed the drive-up menu by taking off the 12 oz drink –
keeping the 16 & 20.
They still sell the 12 oz, but don’t let the hurried driver know.
Is this moral?
UPDATE – they put it back on the menu
sep 15, 10
http://www.usatoday.com/money/industries/food/2010-0914-starbucks-returns-tall-drinks_N.htm?loc=interstitialskip
• Walmart CEO pay more per hr than employee/yr jly 2, 10
Policy Studies - a liberal group, found that CEOs in the S&P 500
companies make ≈ 319x more than their average worker.
http://abcnews.go.com/Business/walmart-ceo-pay-hour-workersyear/story?id=11067470
FRAUD CHARITIES
• How much of what you donate to a charity
‘makes it’ to the ‘people / cause’
oct 9, 10
Charity watchdog group the American Institute of
Philanthropy, ranks the
Military Order of the Purple Heart Service
Foundation an "F".
32% of donations are spent on services.
They spend $63 to raise $100.
Report cards for other
agencies, click here.
Calculator: Cost of Iraq War
every second - $446 billion as I write this (? Date)
update:
$565 billion –
oct 23, 08
update:
$984 billion
apr 16, 10
$419 billion increase in about 18 months.
$1,008 trillion
jun 21, 10
$ 1,214 trillion
jun 29, 11
They split Iraq and Afghanistan
Jun 21, 2010 - $729 b = Iraq =
Aug 25, 2010 - $743 b
Jun 29, 2011 $785 b
Jun 21, 2010 -- $279 b = Afghanistan =
aug 25, 2010 $327
jun 29, 2011 $429
costofwar.com/
UPDATE: nov 19, 12
Iraq $809 billion
$809,000,000,000
Afghanistan $586 billion $586,000,000,000
Calculator: Inflation
compare your 1st salary to today’s value
Did you beat inflation?
http://www.westegg.com/inflation/
Miscellaneous
• American Express BLACK card
jun 5, 10
• Have a nearly blemish-free credit history.
• Spend at least $250,000 annually on an Amex Platinum
or Gold card.
• 1-time card fee of $5,000, along with an annual fee of
$2,500.
• Have a "major" net worth (undisclosed by Amex).
http://finance.yahoo.com/banking-budgeting/article/109721/how-to-get-amexblack-card?mod=bb-creditcards
• $79,600 stuffed in bra ?
nov 16, 10
http://voices.washingtonpost.com/reliablesource/2010/11/financial_support_experts_weig.html
In $100’s – that would be 796 pieces of paper –
divide by 4 --- and you would have the equivalent
of ≈ 200 sheets of paper (a sheet of paper is the size of ≈
4 bills)
Think the ‘stuffing’ could be done.