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"...you need money to buy things; you earn money by working; you may have to wait to buy things you want; and there is a difference between things you want and things that you need..." Time Magazine, Nov 30, 2015 Article - Your kid's financial education should start much earlier than you think - By Dan Kedlec
Knock...Knock...Who is there? FedEx...FedEx who? FedEx will be there tomorrow!
What is the worst kind of cat? CAT-astro-phe !
What do you get when you cross snowman with vampire Frost-Bite.
What kind of Bill can you breath? Billionaire.
Why did Dino go to the hospital?
Because he was (Dino) "Saur".
How do you make eleven even?
Take away the "el."
How do you make seven even?
Take away the "s"
Why did the chicken cross the railroad track?
Because it wanted to get to the Chick train.
What is a duck on the 4th of July?
Knock, Knock...Who is there?Banana...Banana who? Banana...Banana who?Banana...Banana who? OR-ange...Aren't you glad I didn't say banana?
Are you 5?
No! I am not 5! I am 4.95 plus shipping and handling!
Knock knock...Who is there? Panther!Panther, who? PantH-or-no-PantH I am going Thwiming!
Laughs above are credited to kids and various sources.
Business fun facts!
Do you know the ancestry of American people?It is a melting pot of immigrants from all over the world.This trend continues even today.These immigrants make America what it is today and are an big part in the success of businesses today.
There are over 320 million Americans today.Ancestry of Americans include: Germans over 14%, African American 12%, Irish 12%, English 8%, Mexican 8%, Italian 6%, Hispanic 5%, French 4%, Polish Scottish, Dutch, Norwegian, Scotch-Irish, Native American, and Swedish are between 1-3% but add up to 11%.The rest are from other various countries.
About US housing:
At the end of 2014 approximately 64% of Americans owned a home. This shows a trend of millennials who are less likely to pursue home ownership.
In 2008, $3.3 Trillion was the total loss in value for the US housing market. In early 2006 housing market value was close to $9.4 Trillion.
Since 2008, over 8 million jobs have been added to the job market! This has allowed many Americans to get back on track and recover from the recession.
The DOW slips 155 points
The DOW closed down 155 points or 0.87%, the S&P500 was down 21 points or 0.98%, and NASDAQ was down 68 points or 1.40% for the week ending June 17th.Oil was down $0.62 or 0.42% to $48.26 per barrel.
Year to date, the DOW is now Up 1.4%, S&P500 is Up 1.3% but NASDAQ is still down 4.1%.
This past December the Fed raised interest rates after seven years. The Fed rate was raised by 0.25% from a range of 0.00%-0.25% to 0.25%-0.5%. The Discount rate was also raised by 0.25% from 0.75% to 1.00%.
TheFederal Reservethinks that US economy is expanding and other economic indicators such as unemployment rates hovering at record low at 4.9%, inflation remains contained at below 2%, housing market conditions improving, consumer spending remains strong, however, the world economy has not picked up as yet, and therefore, at this point leaving the interest rates unchanged.