Internet friends real or fake Essays

Internet friends real or fake Essays Internet friends real or fake Essay Internet friends real or fake Essay Essay Topic: F for Fake What constitutes a real friendship? In this day and age many people have lots of friends with social media especially Facebook users. Can a friendship through social media replace a friend that you can touch and feel? People use social media websites to keep in touch or reconnect to past acquaintances and follow each others lives. People use social media sites such as facebook, myspace or instgram to keep in touch and follow each others lives. Before these sites or the internet people kept in touch with friends by visiting, calling and writing letters all of which require a real ffort to nurture a friendship. During those times if you werent close friends with someone they would eventually not be part of youre so called friends after sometime. Now you can keep in up with people who would have fallen out of your life before. Now with the click of a button or two you will be friends with anyone anywhere in the world. These friends can offer support in hard times and celebrate with someone when times are good. In Friends with Benefits by Kate Dailey she speaks of friends and how they can support you through social media. One thing that is addressed is Researchers have et to significantly study the social implications of Facebook (Dailey 219). The information provided goes over friends on Facebook and how they be of some support when someone suffers a loss or has something good happen. They might offer support or words of encouragement with a loss which can be helpful. If someone was to lose a Job, spouse, child or some other tragic incident then a person could offer words of encouragement or support. The question is can these online friends help and offer the same support as a friend there in person. Having someone ho can offer sincere condolences versus someone who sends a frowning face on a social media website. People usually like to interact with real people during hard times and those friends are people involved in each others lives. Friends that are wanted in our lives will be connected by more than a screen name. During a bad time of someones life they can be helped by many things such as words of encouragement, a shoulder to cry on or a good deed. Online friends can offer typed words of help or encouragement but nothing more really but flesh and blood friends can offer all of that plus the real human interaction. On the opposite side is support when theres good things happening in ones life like kids, Job and other accomplishments. When a goal is met or some other great event occurs in someones life online friends can be supportive with words or smiley faces. Before the internet we wouldnt see our acquaintances very often: every once in a while, we might show up at a wedding and suddenly have 100 of our closest friends around (Daly 219). Theres an endorphin release when people receive good news or words of encouragement but nothing can compare to the feeling for actual human to human contact. Flesh a blood friends can do more than send each other a message or post a comment on a page or picture. Many people gather with their friends and do things such as BBQs, dinners, birthday parties and even go on vacations together. Many friendships are built over time and through ups and downs they share together some over many years. Having online friends express well wishes some success. Looking at online friends one may amass hundreds of these friends but in reality people only have a few good friends according to Shelley E. Taylor, professor of psychology at the University of California, Los Angles (Dailey 219). By having so many so called friends some fell more important but most only keep in contact with a small number of their friends. Its impossible to have more than a few friends in anyones life as there isnt enough time to grow that many relationships. Many people seem to confuse friends and acquaintances in the realm of social media leading them to think they can count on everyone they correspond with on these sites. When you need help can you post on a something like Facebook and count on people outside of your core group of friend showing up to help? Its interesting at how many people use social edia Facebook attracted 67. million visitors in the U. S. in April (according to ComScore Inc. ), and the fastest-growing demographic is people over 35 (Dailey 219). This in itself is interesting but the reason for the old age of the growing population is the connecting with past acquaintances from our past. I did a survey of my friends list and asked why everyone was friends with the people they had chosen to be friends with on Facebook. Many answers were to reconnect with people they had lost contact with while others wanted to see if past relationships had moved up or gone down in their opinion. This part was shocking and funny that some would admit this and it seems many would use friends to check on ex-spouses or ex-lovers. The people with children use Facebook to keep track of their kids friends and families. Another interesting fact was the way military or veterans use Facebook to stay in contact with friends all around the world. One big positive benefit was how many grandparents use Facebook to keep up to date on what their grandchildren are doing which before the internet they waited for a phone call or a letter. Now they can see pictures the day the picture is taken and can essage them with no mail or long distance calls. Can Facebook friends provide the same as a flesh and blood friend? The simple answer is no but there are many variables that must be considered. During a hard time Posting personal experiences, no matter how painful, also allows acquaintances who have lived through similar experiences to reach out, either with information about support groups or Just an empathetic ear. The idea of sharing a commonality helps make it a little more bearable. Youre not alone, and there are others going through what you went through (Dailey 220). This shows that if you allow people to know things are going rough you well have people whoVe gone through similar situations support you and point you in the right direction. Another aspect is you can freely vent frustrations without someone feeling attacked. On the positive side you receive support whether youre dealing with a hard time or a great experience youVe had recently. People can express support or reassurance online but nothing replaces the warm feeling-or brain-boosting endorphins-that come from human-on-human contact, and you cant send someone a casserole through Facebook (Dailey 220). Nothing will ever replace a real friend that you can see and touch no matter what applications or emotions are added. People by nature need to be around others and spend time with people who know us down to the core. Some may have hundreds of you are more involved than an online friend that may Just be there to wish you well, say happy birthday because Facebook told them it was your birthday and to give some condolences. A real friend will come sit and listen during a tough phase, bring you food to eat when youre sick or come to see the new baby you Just had at the ospital. Real friends you can call in the middle of the night for anything and theyll be there to help you were a online friend might send you a message or comment in a few days or weeks. Humans speak more in actions than they do with words and the majority of our communication is nonverbal than it is actual verbal communication. Cited Work Dailey, Kate. Friends with Benefits: Do Facebook Friends Provide the Same Support as Those in Real Life. Writing Today. Ed. Richard Johnson-Sheehan and Charles Paine. Upper Saddle River: Pearson, 2010. 218-221. Print

Managed investment scheme Essays

Managed investment scheme Essays Managed investment scheme Essay Managed investment scheme Essay In Australia, investor can choose from a wide vvariety of investments which include managed investment schemes (MIS) and direct investment which consist of shares, debt and hybrid securities. Each investment scheme will a set of corporation act to protect its investor, as it is important to make iinvestors feel confident and secure. Iinvestors can choose the types of investments to invest in depending on their personal traits and ambition as the different investment contains different characteristic. We will dive in more on MIS, direct investment and hybrid investment together with each of their advantages and disadvantages next. Managed investment schemes Manage investment schemes, otherwise known as collective investment schemes, are schemes in which funds are gather from different investor to invest in a common investment, usually a high risk investment that deals with huge amount of money. Under s 9 of the corporation act 2001, a manage investment schemes consist of three elements. Investor contributes money or moneys worth, theres a generation or intended generation of a financial return or benefit and the investor do not have day- to-day control over the use of the money. Under s 601 EA(4) states that a registered MIS requires to have a responsible entity (RE) which would be responsible for any losses or damages from violating Ch 5c. The RE is also a trustee of the scheme. The RE also have to fulfil his duties, under the s 601 FC (1), he must act honestly, exercise a degree of care and diligence, act in the best interest of the members, treat all members equally and he cant make use of information gathered as RE to gain improper advantage or cause detriment to members. Under s 601 MB, Contracts is considered as voidable at the option of the investor if the MIS is found guilty of violating any of the act. The advantage of MIS is that the investment will be undertaking by a professional investment manager which could offer a better returns and risk management because of his experience and knowledge. Moreover, it can help reduce risk by diversification, it works by investing in different company, usually companies that has a negative co-relation, reducing losses if the price of one company drop. Another benefit is that it the cost is shared among the other investor. The disadvantages of MIS is the loss of owners rights, allocation and uses of funds will be determine by the fund manager. Although MIS is a very lucrative piece of investment, the amount of returns will be reduce because of the cost of the fund manager, normally they will expect a ppercentage of returns from the overall earnings. Debt financing Debt financing is a type of tool companies used to raise capital through borrowing. Creditors are entitled to fixed interest pay out and will be able to get back the invested amount at the maturity date. Debt financing are usually considered as a stable and low risk investment thus the return are lower than the others. Debt financing consist of bank finance, trade finance, debentures and private debt. Debentures is the rights to enforce a companys undertaking to repay the debt owe as stated in s 9 or the corporation act. Section 124 of the Corporations act 2001 allow companies to issue debentures and to borrow through the use of the debentures. Deoentures can De rea011y transTer ana can De llstea on tne Australlan stock exchange (ASX). The advantage of the form of investment is that the interest pay-out is fixed and the investor will be able to get back the amount invested at the predetermined maturity date. Lenders are place ahead of equity holder in the event of liquidation. The downside to this is that there wont be any growth on the principle of loan because it is fixed. Unlike equity holders, creditors cant get involve in the day to day operation of the company or vote. Equity Equity financing is one of the ways a company can use to raise money through the sales of shares. Shares consist of ordinary shares and preference shares. By buying the shares of a company, investor will also gain owinership of company, the size of the owinership will depend on the amount of shares one held. Under section 124 of the corporation act 2001, any of the company will be able to issue shares but only a ublic company will be able to offer its shares to the public. Disclosure document such as the prospectus, profile statement and offer information statement are required under chapter 6d of the corporation act. The prospectus offers protection to the investor who wish to purchase shares from a company by disclosing all information. The benefits of investing in shares is the ability to collect dividends, dividends will be decided by how much the company has made. Another major benefits is the ability to make capital gain by selling shares, because shares are known to be volatile, prices may move up and down at any time, capital gain can be ade if shares is sold when it is rising. The negative side of investing in shares is that it is risky. Shares prices might crash and investor would suffer losses. Furthermore, equity holders are ranked before bond holders when the company goes into liquidation, shares holder may or may not be able to get their money back. Hybrid securities Hybrid securities are a form of securities that combines debt and equity instruments. The most common form of hybrids is convertible bonds. Convertible bonds allows the owner to convert bonds into shares at todays price. The main advantages is that it as a fixed interest repayment like a bond, iinvestors can also choose to convert it to a shares if the company is doing well. Making a profit from the dividend or by capital gain. The downside is that it has a low interest pay out as compared toa bond and it is ranked after bonds holder in the event of liquidation. I would invest the $10 000 into government bonds. Government bonds are consider as one of the safest investment and it will be logical to invest in it as I wanted income first and growth second. Besides, I would be able to collect the interest pay out and the invested amount at the maturity date.

Game theory Essay Example | Topics and Well Written Essays - 2500 words

Game theory - Essay Example Game theory is used to understand competitive situations. These are normally those scenarios in which the chances of a certain outcome largely depend on parties involved and also on a bit of chance. Consequently, the theory focuses on predicting what these respective players will do and hence the most appropriate alternative is chosen by the analyst. There is a particular mathematician who was responsible for this theory and was known as John Von Neumann. (Miller, 2003) Through his work in the mid twentieth century, the expert was able to spearhead several divisions in this interesting theory. Some of the divisions include In the 2-person versus n-person division, the 2-Person approach largely focuses on the choices available to two players and how to bring out optimum outcomes. On the other hand, in the n - person division, great attention is given to the occurrences and coalitions that are likely to come out of prevailing circumstances. Then again the cooperative division of the game theory largely dwells on choices that are available to parties who have been bound by certain agreements. In uncooperative game theory, parties may find themselves obliged to one another because of the negative outcomes that may emanate out of their choices. Lastly, in the Zero sum scenario, players are likely to loose everything when the other party gains something. On the other hand, in the non zero sum, a player can gain something and still room for his or her opponent to gain it too. Despite all these branches, there are certain common characteristics that make the game theory what it is today. These can be summarized under the following three criterions Extensive or game tree form Normal or strategic matrix Characteristic function All forms of the game theory usually indicate the sequences or patterns of choices available to players and their chances of occurrences. The latter part largely depends upon a device and is usually backed up by some pay offs that are likely to occur after the end of a pattern of choices. The second aspect that makes the game theory what it is the normal, strategic or pay-off matrix. In this kind of approach, one is supposed to look though a series of avenues available to other players in the competition or event. Intersections of these avenues reflect the payoffs granted to a particular player doing the analysis. Additionally, the characteristic function is that possible coalitions that a particular player can ensure for another player regardless of what others end up doing in the process. (Osborne, 2004) Criticisms of the game theory in understanding economic factors or strategic behaviour of firms The most important thing to note in the game theory is the fact that players involved within a certain scenario are rational. It is also assumed that these players have well defined gaols that have been ranked from most important to least important. Besides these, the game theory is founded upon the fact that all decisions that are being made by certain individuals can be attached to a particular value and that players always tend