Upon getting information about an upcoming school science fair and the need to consider a topic of interest, many students will typically have no idea where to get started. While the science fair is typically a common occurrence in any school at any grade level, there are different types of topics that should be taken a look at depending on the age of the student. After first taking a look at the many different categories of science projects, you will be able to locate a suitable choice of topic to take to the next level.There is a wide variety of categories that fall under the types of science projects that can be chosen for a school science fair. These include biology, chemistry, physics, microbiology, biochemistry, medicine, environmental, mathematics, engineering, and earth science. While you may not have yet learned very much in any of these categories, don’t be afraid to see what each one entails. Taking a good look at your interests will allow you to focus on the right direction to take.Many resources are also available for those who are unsure as to the topic they are wanting to use to create their science projects. If you take a look at the topics that fall under the biology category, you will likely notice that there are topics that deal with plants, animals, and humans. For those who are in 2nd grade or 3rd grade, an interesting topic may be to determine if ants are picky over what type of food they eat. While this topic might not be of interest to an 8th grader, it is certainly something in the biology category that an elementary school student would enjoy.Along with the biology category, a high school student may want to take a look at diffusion and osmosis in animal cells as this would be a more appropriate topic for the grade level. A student in 6th grade would be more advanced than an elementary school student, but not as advanced as a high school student. At this middle school grade level, a topic of how pH levels effect the lifespan of a tadpole may be of interest.Whichever resource is used to locate a topic for science projects, it is always a good idea to consider the grade level of the student prior to making a selection. It is always assumed to be best to have a project at an appropriate level in order to keep the attention of the student and provide a fun and enjoyable learning experience.
You’ve probably heard that you can make a lot of money online. In fact, there are more than a few self-made millionaires online and more and more people become millionaires just about every single day. Starting a successful business online isn’t as tough as you would think. In fact, if you want to, here’s your chance to learn to start online business.There are many different ways that you can make money online. So, the first thing you need to do when you start an online business is to decide how you want to make money. Maybe you already have goods or a service that you will sell online. Or maybe you need to choose a niche you want to go into and then you need to decide how you’ll make money within that niche.One of the easiest ways to make money with your online business is through affiliate marketing. Affiliate marketing is when you sell a products or services for someone else. You market their business and then you get a cut of the profits that are made from every customer you sent to the business you’re an affiliate marketer for. It only takes a few minutes to sign-up to be affiliate, and you can start making money right away.However, if you want to make a lot of money then at some point you’ll have to sell your own products. Then you can have affiliates working for you and sending customers your way while you do next to nothing. Of course, it will take you a lot of time to build up your business, but the success you can achieve will make it well worth it. Just sure you stay organized and motivated. This brings us to the last point that needs to be made before you start your online business.When you start online, business planning is essential. You have to have a plan. A plan will keep you organized and motivated. A plan will lead you to success. So make sure you have a plan and make sure that it detailed and written down too. This will make the plan even more effective.The Internet is huge and it’s only getting bigger. That means there’s a lot of money to be made on the Internet. So, now is the perfect time for you to start online business for yourself. Just make sure you choose how you want to make money and that you then put together a solid plan. If you do, and then you work hard, there is no reason why you won’t succeed.
Ever wonder why markets make sudden moves from one extreme to the other, or why markets may decline in the face of good news and rise on bad? Seems crazy, right?Well, many times stock market movements are based on more than new information such as earnings reports or corporate downgrades… markets are quite often moved by investor sentiment. Psychological factors affect not only the average investor, but also professional money managers who tend to be driven by greed, euphoria and fear!Behavioral FinanceBelieve it or not, there is a legitimate field of study which seeks to quantify the impact of emotions, psychology and behavior on investing and financial decisions – it’s called Behavioral Finance.Behavioral Finance teaches us that just as the stock market operates in up and down cycles, markets also operate on their own “cycle of market emotions”. Interestingly these two cycles tend to move in tandem.For example, when the market is at its peak, most investors are in a state of emotional euphoria. Then as the market trends downward toward a bottom, investors’ emotions become darker and more fearful, shifting from slight anxiety to despondency or depression.This is the shift which can have the greatest impact on your decisions and investment results. A Little Fun….Take a short quiz to gauge your investor temperament.A wager is offered where you must pick one of the following choices:Wager (Investment) A: Gives you a 50% chance of gaining $1,000, and a 50% chance of gaining $0.OrWager (Investment ) B: Gives you a 100% chance of gaining $500.Which do you chose?If you chose B then you are like most investors who are careful to avoid losses and concentrate on gains.If you chose A, you are concentrating on the chance of winning $1,000.Interestingly, both bets are statistically the same. Wager A has the same statistical outcome as wager B because the average gain is the same. And yet the overwhelming majority chooses Wager B.Behavioral Finance refers to this as Loss Aversion which refers to people’s tendency to strongly prefer avoiding losses to acquiring gains. Some studies even suggest that this aversion is twice as powerful as the desire for gains.Avoiding loss by refusing to sell an investment when it starts to deteriorate can cause permanent destruction of your wealth. Understanding loss aversion as a personal trait can be the difference between investment success and failure.Key Takeaways-What to do.Loss Aversion is one of many behaviors to keep in mind when you make investing decisions-here is the summary:
Emotional and psychological factors impact our decisions.
People will base decisions on perceived losses more than perceived gains. (That’s what our quiz also showed us.)
Losses have more of an emotional impact than equivalent gains. This reinforces the earlier point that individuals are more loss-averse than gain-driven.
Investment decisions are usually based on beliefs and feelings and not on facts. So even though you may do a lot of analysis on a stock, ultimately, it’s perhaps your emotions that influence how and when you pull the trigger. Unfortunately investing needs to be strictly non-emotional so the impact on your results can be quite devastating.Things to RememberSo based on all of the above… when investing:
Remove as much emotion as possible and stick to your game plan.
Do your research and due diligence, and understand the upsides and risks.
If your investment is solid, do not deviate from it just to follow the masses or to time the market. Hang tight, ride out the storms, and you will come out better-off in the end. (Remember how Buffet sat out the dot-com boom despite a lot of heavy criticism, but came out a hero.)Fundamentals impact market moves, but so does investor behavior. So avoid making investment mistakes, and allow professional advisors to manage your investments or guide you through the process.If you want to know more about your risk tolerance and investor sentiment, contact us at 1-866-Money-01.