Friday, March 16, 2007

Podcast review (David and Magno)

http://mmoloneyiths.com/econ/podcasts/fed/magno-david.mov

-David and Magnos podcast does have a thorough explanation of the entire Federal Reserve system. It is clear and understandable enough so that even a teenager can listen to it and learn from the podcast.

-The images provided by David and Magno are great looks like they went to Google and typed federal reserve system. The only thing they could have fixed was to shorten the duration of the pictures and they should've added more pictures.

-I especially like the style of the podcast recording. David and Magno pretended to be on a talk show to explain the Federal Reserve. Along with some relaxing elevator music it made the podcast more interesting and creative. Basically all that I have learned from the Federal Reserve was said by David and Magno because me and Benny did some thorough research ourselves.

compound interest and the rule of 72

compund interest is whenever interest is calculated. it is not only based on the original principal but also unpaid interest that has been added to the principal. the more that interest is compunded the faster balance grows. the number of years is calculated at a given interest, you can divide the interest rate into 72.

Thursday, March 15, 2007

What is insider trading?

Insider trading is the trading between corporations stocks and other securities, by corporate officials such as officers,directors,or holders of more than ten percent of firm shares. Insider trading is considered to be legal but the term is sometimes claimed as illegal by jurisdictions. All insider trading must be reported in the United States for it to be legal.Legal insider trading may not be based on material non-public information.