Blank HELB form

In the event that the loaned discontinues studies for whichever reason before full disbursement is made, the Board shall not disburse the remaining allocation and shall recall the loan so far as advanced in full together with the interest thereon. . The Board shall electronically, through the website, send to each loaned annual statement indicating the amount disbursed per each academic year or the outstanding balance as the case may be. The sums of the amount indicated in the statements shall form the principal loan to be recovered from the loaned.The contents of the statements shall be deemed to be correct unless a written complaint to the contrary is received by the Board within three (3) months from the date of the statement whereupon the Board shall either confirm the complaint or advise as the case may be. A statement may be furnished at NY time on request but at the loaner's expense. 5. Where it is discovered that the loan was granted due to false information furnished by the loaned, the Board shall withhold release of the amount yet to be disbursed if any, besides subjecting the loaned to prosecution. . The Board shall engage agents (Banks) who shall be responsible for the disbursement of the loans as shall be advised by the Board from time to time. 7. The loaned shall keep the guarantor appraised of the principal loan awarded and in the event that there is a conflict, the amount as held by the Board will prevail. 8. Where there is default by the loaned, the guarantor shall be bound to repay the loan, interest thereon, penalties, costs and any other charges accruing to the loan. 9.The loan shall be due for repayment one year after completion of the course studied or within such period as the Board may decide to recall 10. The loan shall be repaid by monthly installments or by any other convenient mode of repayment as shall be directed by the Board but subject to the provisions of the Higher Education Loans Board Act. 11. If the loaned defaults in the re payment of the loan when the loan is due, the whole amount shall be due and payable and the Anne shall be bound to pay other charges that may arise as a result of the default including but not limited to the Advocates fees and penalties. 2. The Board shall charge a penalty of Kiss. 5,OHO per month on any account that is in default. 13. Non demand for loan repayment and the accruing charges shall not in any way signify waiver of any amount rightfully due under the terms and conditions of the loan. 14. The applicant hereby consents that the Board shall share information pertaining to the loan account with credit reference bureaus or any other parties as deemed necessary. 15. The Board shall effect credit protection arrangement of the loan at the expense of the loaned. 16.In the event that the applicant receives additional finance assistance from any other source and the need to refund by the university arises such refund shall be made to the Board and the same shall be utilized toward s reducing or offsetting the loan. 17. No loan shall be disbursed unless this agreement form is signed. 18. The signature of the loaned shall certify the reading, understanding and being in agreement with the terms and conditions herein including certification. Loaner's Signature Authorized Signature(HELL) Date: 14/04/2011

Patient Falls

Preventing Patient Falls in Inpatient Hospital Settings Introduction For the most part, hospitals are places where one comes for healing and it is place where our clients should feel safe and away from harm. Nurses have an important role as a patient advocate and are to provide all clients with safe, compassionate, and quality care at all times. Nonetheless, the hospital can also be a dangerous place for inpatients. It is a foreign environment to clients and there may be alterations in their medical condition in regards to their physical and/or mental status.With this said, there is a need to improve upon how we care for our clients, especially those who are at most risk for various incidents. Background Certain facilities have dedicated efforts such as research and quality improvement teams to prevent incidents, yet patient falls still make up the largest category of reported incidents in hospitals (The Joint Commission, 2007). As nurses, we see fall prevention programs such as usin g fall risk assessment tools to determine how many our patients are at risk for falls.In the inpatient setting, nurses also implement bed alarms and encourage â€Å"fall risk† clients to use the call light especially while getting up and out of bed. Although these tools ensure some security for our clients, it is not enough as it does not fully protect our patient population. This problem is significant to nursing as it compromises the safety and well-being of our clients, affects the length of stay, and also affects finances for both the patient and the hospital. So the question is: how can we promote safer hospital stays and prevent inpatient falls? Method This exploratory study used a qualitative research design that was conducted in one acute, medical adult unit (32 beds) in a Michigan medical center. The clinical nurses who currently work in the study unit were recruited for interviews. † (Tzeng, 2008) These participants were asked for their input regarding how and why patient falls occur in the hospital setting according to their perspective, and to think of ways to implement new regulations and ways to prevent inpatient falls. (Tzeng, 2008) It would be ideal to create a fall prevention team that includes current staff who are directly involved n the care of clients. This team would include physicians, former or current staff nurses, assisting personnel, and other healthcare members since they all spend time at the patients’ bedside, and they may have insight into areas of improvement that others may not see. An interdisciplinary effort would be an overall better approach when dealing with precautions that would affect the facility’s policy and procedure changed in the facility. (Hughes, 2007) All of the members input about healthcare improvement may be highly constructive and would greatly benefit safety goals.The Joint Commission emphasizes that a better physical design of facilities may also lead to improved healthcare outco mes such as fewer patient falls. (Joint Commission, 2007) Results â€Å"The primary root causes of fatal falls as reported by healthcare organizations involved inadequate staff communication, incomplete orientation and training, incomplete patient assessment and reassessment, environmental issues, incomplete care planning, unavailable or delayed care provision, and inadequate organizational culture of safety. (Joint Commission, 2007) If a client is high-fall-risk, implementing continuous observation by bringing in a sitter for the patient would be best. If there are patients that are demented or confused, it may be ideal to inform and educate the family to visit and care for them as much as possible so that it provides the client with a familiar environment. If there are bed alarms set for certain patients, maybe it is best to group these patients closer to nurses station so the responsible nurse to could hear the alarms better and react faster.Other findings include communicating changes in the patients’ behavior and conditions to oncoming nurses during shift change. Educating the family is always beneficial, so that they know about details such as non-slip socks, the importance of keeping the side rails up, and using the call light in concerns. Considering all over-the-counter and prescription drugs the client is taking is important, as well as considering the physical environment and thoroughly assessing and re-assessing clients for any physical and mental changes.Ensuring that the client’s room and restroom are clean, dry, and free of clutter should also be a concern. For nurses especially, we should not also rely on housekeeping or the aides. If we could go out our way, just for a few minutes, this may just be enough sometimes to keep our patients out of harm’s way. Ethical Considerations People with autonomy have the freedom to choose between multitudes of options. (Burkhardt & Nathaniel, 2008) Autonomy is the ability to freely choo se amongst a variety of options that would have certain effects on a person’s life.Most of the clients that seek healthcare are independent in caring for themselves or formerly independent in self-care. At times, nurses encounter clients who seem to be stubborn or not enthused with the idea that now at a certain time of their life, they are not able to do things completely by themselves. Their autonomy has now been compromised by medical or other conditions they have. Nurses encounter problems with certain people who do not call for help or have healthcare personnel assist them when they really are at risk for falls and other injuries.If a problem such as this arises, clients should be made aware that nurses and aides are always willing to help even if it is just a trip to the restroom. Clients should be re-assured that they are not being bothersome and ask for assistance at any time during their patient stay. This is how nurses should promote beneficence and ensure trust amo ngst our patient population. Conclusion Ensuring client safety should be the main concern for nurses and healthcare professionals. Although the Joint Commission has addressed problems with client falls, there is always room for improvement.Nurses should be known as bedside leaders because out of the rest of the interdisciplinary team, we know our patients the best and they are our priority. References Burkhardt, M. A. , & Nathaniel, A. K. (2008). Ethics and Issues in Contemporary Nursing (3rd ed. , pp. 452-453). Clifton Park, NY: Delmar Cengage Learning. Hart-Hughes, S. , Quigley, P. , Palacios, P. , Bulat, T. , & Scott, S. (2007 ). An Interdisciplinary Approach to Reducing Fall Risks and Falls. Journal of Rehabilitation,  70(4), 46-51.Retrieved February 9, 2012, from CINAHL Plus with Full Text. Joint Commission, The. (2007). National Patient Safety Goals — Facts about the 2007 National Patient Safety Goals. Retrieved February 7, 2012, from http://www. jointcommission. org/ PatientSafety/NationalPatientSafetyGoals/07_npsg_facts. htm Tzeng, H. , & Yin, C. (2008, June). Nurses' Solutions to Prevent Inpatient FallsHospital Settings [Electronic version]. Nursing Economics,  26(3), 179-187. Retrieved February 9, 2012, from CINAHL Plus with Full Text.

The Nanking Massacre

The Nanking Massacre The Rape of Nanking was a tragic time in Chinese history. This event will never be forgotten by the people in the once capital of China. An estimated 300,000 innocent people were killed in a matter of months. The Japanese have never apologized for the disturbing event and to this day the Japanese deny that the massacre ever took place. The Rape of Nanking will never be forgotten for this city has been scared with tragedy since this gruesome massacre. Is this Massacre actually Genocide, or is this just a result of poor command over Japanese soldiers?I believe that this event is in fact genocide, and it was a terrible event in time. It was a tragic December day in the beautiful city of Nanking. Japanese soldiers were making their way into the unprepared city. All the residents fled to the safety, a small area where tourists and German soldiers could not be harmed by the Japanese (Genocide in China. ) Only a few citizens were able to flee to the safety zone, for the re was only enough room for a few hundred people. The roads were empted, and everyone locked the selves in their homes.The Japanese soldiers had surrounded the city, there was no way the refugees could escape the now taken city. Once the Japanese had surrounded the city, they began their violent rampage. The soldiers began to raid the banks, government offices, and the warehouses. Once all important buildings were taken, the soldiers started killing civilians. (Genocide in China. ) Once the citizens heard the gun fire, most ran out of their homes in an attempt to leave the city. There were two main roads which lead out of the city; the Japanese had set up areas throughout the streets to shoot the fleeing citizens. 0,000 people were killed the first day the Japanese intruded this capital city. Numerous war crimes were committed during the massacre. Some of the worst war crimes in history were committed during the raid on Nanking. A few days after the Japanese invaded Nanking they beg an to run amuck. The soldiers were out of line, and weren’t following the rules of battle. Japanese soldiers captured the surviving Nanking soldiers, and sent them to a large camp outside of the city limits. Case Study: The Nanjing Massacre) The Japanese soldiers soon were running out of food for the soldiers, so the thought there only option was to kill off the remaining Nanking soldiers. The Japanese soldiers would starve the war prisoners and when the Chinese were near death they would march them into fields. (Case Study: The Nanjing Massacre) On the way toward the fields the Japanese soldiers told the captives they would receive food and work. The Japanese lied to the soldiers, for when they reached the fields, the prisoners were killed in a line of machine gun fire.Group by group the captives were lined up and shoot down into massive graves. If the enemy soldiers ran out of ammunition, they would burn the prisoners of war alive. So many practices of execution were perfor med it is hard to keep track of here are some less used forms of executing the prisoners. Chinese soldiers were used for bayonet practices, shooting practice, and were beheaded in the streets. Japanese soldiers would often have contests to see who could kill the most people. There are accounts of Japanese men killing as many as 150 men, women and children on their own.The women citizens had it far worse than the men did. (Genocide) Women were often raped and killed. If a woman was to survive, she would often be made a sex slave for the Japanese soldiers. Females from the age of 9 to 80 were raped and killed. (Case Study: The Nanjing Massacre) The dead bodies of the women were thrown into the street, and were left there for days. Some many atrocities took place throughout the Nanking Massacre that’s it is hard to mention all of them. A total of 300,000 Chinese soldiers, and civilians were killed in the Nanking Massacre.This might seem like a small number compared to other mass acres, but when you look closer at it, it becomes even more tragic. The city of Nanking wasn’t even captured for a year. The survivors tell such terrible stories, of the horror that was swept across the thriving town of Nanking, China. For the remaining survivors this event will never leave their memory. This brings up the question, why did the Japanese do this? This terrible massacre is one that was not as widely broadcasted. This is due to the fact that the Japanese Government had denied this event ever took place.The Japanese people believe that the Chinese people are unclean. The Japanese think this because they think the Chinese people don’t keep themselves clean. The Japanese felt that the Chinese are dirty people who pollute the environment and destroy the fertile land. The Japanese also believed that it was their destiny to obtain the land of China. So why is this massacre considered Genocide? This massacre is considered genocide for many reasons. Japanese peop le had killing contests, in order to kill as many Chinese civilians as possible. Two Roads of Blood) In order to kill more Chinese civilians, the Japanese soldiers would have competitions to see who could kill the most civilians. They had no respect for any of the Chinese people, as if they treated the Chinese as pests they needed to kill. This method wasn’t working for the extermination, so the Japanese soldiers began sending men to work camps, where they would work the men almost to death, then march them to killing fields. This is a clear example of genocide. The final example of genocide is the fact that they took no prisoners. Genocide) If a Chinese soldier decided to surrender the Japanese soldier would kill the man on the spot. Through all this gruesome events, this massacre is considered to be genocide by people around the world. The Nanking massacre was a terrible event in history. Through years of hatred toward China the Japanese committed this terrible genocide. Th rough killing contests’, killing fields, and not giving prisoners this event is technically considered genocide. The Japanese wanted to exterminate the Chinese people in order to take land, which the Japanese thought was rightfully theirs. This event will never be forgotten.

The impact of Information Technology on a career or profession of your Term Paper - 1

The impact of Information Technology on a career or profession of your choice - Term Paper Example Businesses have become equipped with information management systems that manage the company’s intellectual assets and provide basis for predictive analysis of future sales and consumer behaviors. Medical treatments have become safer, more reliable and quicker due to the integration of technological equipments and procedures. Technology has intervened in the life of modern man to such a great extent that it is almost impossible to imagine life without its presence. Modern technology has also broken the geographical barriers by creating innovative modes of communication. 2. Field of Education The field of education has undergone numerous changes after the introduction of technology. The conventional modes of acquiring education in a classroom setting have transformed into much broader concepts. One of major pitfalls of the conventional concept was the assumption that all students are able to acquire education in the same manner and at the same pace. The instructor used to evalua te the level of comprehension of the students on the basis of feedback from a selected number of prominent students. The slow learners suffered in this process since they were compelled to follow the pace of the fast learners in the classroom sessions. Technological intervention has addressed this drawback and has provided innovative ways to acquire education. ... Multimedia is commonly adapted across schools, colleges and universities for a diverse range of purposes. Reeves defined multimedia as the accumulation of different types of mediums, like sound, text, animation etc, on a single platform that has a greater effect on the users than the platform with only one type of medium (22). Multimedia is used to present lectures in a classroom setting to make the sessions more interactive and interesting. Graphs and diagrams can be displayed on the screens and can be explained in a more detailed manner. Interactive whiteboard is another form of multimedia that is being adapted by educational institutes around the world. It comprises of a computer that is connected with a projector and a touch screen. Painter explained that the projector displays the desired content (from the computer) on the whiteboard that can be controlled with an electronic pen (3). Figure 1: Interactive Whiteboard being used in a primary school (Painter) Impact The use of mult imedia has benefitted the field of education to a great extent. The monotonous lectures have been converted into interactive and interesting sessions due to the integration of multimedia in the programs. Teachers are able to present different types of video clips, animations, graphs, architectures etc. This makes it easier for the students to comprehend different concepts since visual aid is coupled with the knowledge of the instructor. Reeves stated that multimedia tends to kindle more than one sense at one instance therefore it proves to be a better medium to attain attention of the audience (22). Teoh and Neo stated that interactivity of multimedia sessions promotes the interaction between the learner and the instructor (29); this provides an opportunity to the learner to address

Lesson 8 discussion & Assignment Example | Topics and Well Written Essays - 500 words

Lesson 8 discussion & - Assignment Example I prefer Jimi Hendrixs version of the Bob Dylan tune "All Along the Watchtower". Bob Dylan’s Version is keeping the folk genre and has incorporated harmonica. Moreover, Dylan’s version possesses the rawness within his singing, and I enjoy the simple, undistorted instrumentation. Moreover, Bob Dylans tune does not display the similar angst and emotion that the Jimi Hendrix tune hosts. The groove and instrumentation of Hendrixs cover develops a visual of what the tune represents. The guitar leads a stronger sound and beefs up the song. Moreover, Dylans version is a little more ancient, but I cannot quite understand the lyrics. Side by side, I think that each contain raw emotions that appeal to their audience. With Bob Dylans country esque vocals on top of bluegrass ish music, and Jimi Hendrix electrified energy filled sound, both provide very different approaches while achieving their goal. Hendrix’s version also involves listener more and possesses more surprise e lements in it that is it is full of energy, dynamics, and contrasting sections. Bob Dylan’s recording of the "All Along the Watchtower" is about the lyrics since Dylan maintains the rhythm section simple with a steady groove on mostly acoustic instruments. He focuses on the words and the message the song send to the listener at the expense of the musicality and instrumentation of it. Moreover, he keeps the melody in a small range when singing and the harmonica in between verses adds some variety and response to the vocals. Moreover, Dylan keeps it simple folk sound accompanied by a light arrangement and simplicity. Conversely, Hendrix takes the song away from the existing folk genre through the introduction of the mechanism that use relatively heavier instrument with louder drums and electric guitar. Jimi Hendrix’s version is completely different since he rocks the tune out. Nevertheless, he adds heavy guitar, which is extremely appealing

Positive action in the judicial appointments process is essential to Essay

Positive action in the judicial appointments process is essential to address the lack of diversity in the judiciary of England and Wales - Essay Example Available from the website at http://www.publications.parliament.uk/pa/ld201012/ldselect/ldconst/272/27206.htm, It is important to carry out selection of candidates for the judicial positions in terms of merit which should be done based on just and open competition from the broad range of eligible contenders. I first agree with the notion that, we don not have any perfect judicial system and it is clear in the past recent years that some features of the appointment processes needed an urgent modernization. Delivering enhancements on the manner in which judges are appointed is a vital component of the selection program. I am therefore, among the many people who are dedicated to fighting for the element of diversity in judiciary to be incorporated through some range of critical measures. A judiciary that is visibly reflective of the society highly enhances the confidence of the public in the judicial system. Additionally, no one at any given moment should be foiled from his or her dream of becoming a judge, simply on the bases of sex, his race, the religion or any other protected trait as identified in equality act. The freedom from discrimination is a fundamental code of justice and equality that is preserved by law. It is also evident from http://www.publications.parliament.uk/pa/ld201012/ldselect/ldconst/272/27206.htm that Judges who inhabit courtrooms in both Wales and England, are stereotypical white males from slim social grounds. Most of the concerns regarding to the Under-repres ented individuals tend to stem from the structures of legal vocations2. This is also worsened by the pool of the obtainable mid-career specialists who are eligible and fascinated in presenting themselves for the selection process. Hence, some obstacles arise due to the appointment processes which regards to the court arrangement and the various tribunals which judges operate in. I do not propose that the notion of merit should sparingly be focused on the

Comparative Design Essay Example | Topics and Well Written Essays - 2500 words - 1

Comparative Design - Essay Example enefits spread over three categories affecting customers’ services and users, the service design program, as well as the entire institution involved in the design project. A product of 1946, the classic and styling oven has cooking efficiency. A classic cooker limited secures ovens from Rayburn in the UK. The cookers are reliable with new options still applicable to date. Currently, the supplier undertakes reconditioning duties and installs new parts fully. In a style that Mark Newson adopted, Rayburn ovens of 1946 have attractive colours running on smooth lines. The design developed a classic design blending precisely with various styles those chores in the kitchen demand. It cuts across from traditional through to modern aspects. The oven comes out in various designs and sizes that clients can choose from guided by their needs. Surprisingly, a Rayburn oven carries more responsibilities besides being a cooker. The oven is extremely resourceful. The Rayburn oven developed in 1946 is sustainable as well as self-sufficient. Mark Newson introduced extraordinary creativity constituting one of the most exciting designs in the world. He applied the creativity in developing domestic appliances such as ovens. Mark Newson is the established designer at Smeg products whose work is comparable to dynamic artworks. He represents the essence of the philosophy at Smeg. At Smeg, employees believe in technology with style. The style applied by Newson in designing his ovens comes through the soft lines applicable in environmental friendly manner. Differentiated use of colour and energetic application characterises ovens designed by Mark Newson. Surfaces are stainless steel products or have glassy features. Ovens are available in prolific FP610.The ovens come in a spectacular ray of colours. The colours range from white and black finishes, stainless steel through to bright shades of yellow, blue, as well as green. Mark Newson, the designer, o ften has a special way of having

Child labor Essay Example | Topics and Well Written Essays - 1250 words

Child labor - Essay Example Many children along with their parents suffered life-threatening injuries – punctured eyeballs, scarred legs and missing limbs – from the sharp blades and machines in the field. (Buckley para. 1, 2 http://www.commondreams.org/views/031600-102.htm) Several child laborers experience harsh living conditions. They are locked, sometimes chained, in crowded rooms for long hours like prisoners. Many develop illnesses and diseases like silicosis and tuberculosis. Some are kidnapped and later sold to flesh traders as slaves. Employers at times abuse the children by beating them, branding them with hot irons like livestock, torture them, or deprive them of food. In worst cases, they get killed while at work. (Kalmes para. 6 http://www.ilstu.edu/~jnassar/child.html) Probably the major cause of child labor in some, if not all, of the countries is poverty and underdevelopment. Child labor makes it a necessity for economic advancement. Another problem is the differences in culture. For example, some Hindi societies have a natural division of labor called castes, and because children are better at tasks that need little to no experience, they are deprived of schooling and are made to work instead. Furthermore, putting a stop to child labor does not assure a better life for the child. These children, and their families, work to live. This circumstance might push them to enter dangerous jobs. (Kalmes para. 3 http://www.ilstu.edu/~jnassar/child.html). One of the causes of child labor may be in relation to the global market. Third World countries prefer to use child labor to fit their economies. Because of globalization and the growing economic condition worldwide, the demand for exports in the developing countries increased. To provide an adequate supply for that demand, however, these countries have opted to find cheap labor to cut production costs, and this

A Social Need for Children with Special Need Essay

A Social Need for Children with Special Need - Essay Example From this paper it is clear that the inclusion of challenged children in the education system within the broader framework of special school is defined by accommodating infrastructure, expanding course curricula that take into account their special needs and a highly sensitive approach. The proactive participation of community, parents and various voluntary agencies become important factor in the rehabilitation of such children within the mainstream society. As the discussion declares special schools are important initiatives as it facilitates education to those children whose disabilities often obstruct their benefits from education as they are entitled for. The special schools cater to the numerous needs of children with disability with focus on severe intellectual disability and other models of developmental disabilities like dyslexia, learning disability etc. Kwiotek emphasizes that disability must be looked from the wider perspectives of social model. Thus, social structure, ins titutions, environment and attitude become major elements that impact the special needs of disabled children. The intellectual disabilities like cerebral palsy, dyslexia, autism are not easily identifiable in the early stage. They are therefore, often projected as behavioral problems of the students.  

Values for professional studies Essay Example | Topics and Well Written Essays - 2500 words

Values for professional studies - Essay Example The cycle comprises six stages namely, description, feelings, evaluation, analysis, conclusion and final stage is an action plan to prepare if the situation arose again (NHS, 2006). Baird and Winter (2005, p.156) give some reasons why reflection is required in the reflective practice. They state that a reflect is to generate the practical knowledge, assist an ability to adapt to new situations, develop self-esteem and satisfaction as well as to value, develop and professionalizing practice. However, Siviter (2004, p.165) explains that reflection is about gaining self-confidence, identify when to improve, learning from own mistakes and behaviour, looking at other people’s perspectives, being self-aware and improving the future by learning the past. In my context with the patient, it is important for me to improve the therapeutic relationship, which is the nurse-patient relationship. In the therapeutic relationship, there is the therapeutic rapport to establish from a sense of t rust and a mutual understanding existing between a nurse and a patient that builds in a special link of the relationship (Harkreader and Hogan, 2004, p.243). (Peplau 1952, cited in Harkreader and Hogan 2004, p.245) note that a good contact in a therapeutic relationship builds trust as well as raises the patient’s self-esteem, which could lead to new personal growth for the patient. Besides, (Ruesch 1961, cited in Arnold and Boggs 2007, p.200) mention the purpose of the therapeutic communication is to improve the patient’s ability to function. Therefore, in order to establish a therapeutic nurse-patient interaction, a nurse must show up caring, sincerity, empathy and trustworthiness (Kathol, 2003, p.33). Those attitudes could be expressed by promoting the effective communication and relationships by the implementation of interpersonal skills. Johnson (2008) defines that the interpersonal skills is the total ability to communicate effectively with other people. Chitty an d Black (2007, p.218) mention that communication is the exchange of information, thoughts and ideas via verbal and non-verbal communication processes. They explain that verbal communication consists of all speech whereas non-verbal communication consists of gestures, postures, facial expressions, tone and level of volume. In this assignment I discuss my development of therapeutic relationship in the circumstance of the nurse-patient relationship using the interpersonal skills. My reflection is about a patient, Mary (not the real name) whose real name is confided to protect the confidentiality of patient’s information (NMC, 2004). DESCRIPTION: (What happened ?) In this paragraph, I would describe on the event that took place during my clinical placement. I was on the female psychiatric ward. Once I noticed one woman was still sitting on her bed trying to take something from the cupboard. She was Mrs. Mary, 76 years old who had been diagnosed with schizophrenia. She was unable to control her muscle movement due to tremor. She was having a side effect of anti psychotic medication which was a Parkinsonism (Sahelian, 2005). She could not walk herself and need to be assisted if she wanted to stand or walk. This old woman was unable to feed on her own. Therefore, I checked her diet chart and served a cup of milk from her cupboard. To confirm that Mrs. Mary was actually wanting some milk I had to involve in a lengthy process of

Jack Kerouacs on the Road - a Biography Essay Example for Free

Jack Kerouacs on the Road a Biography Essay On the Road was published in 1957 by Viking Press. Apart from criticism by traditional conservatives, Jack Kerouac’s novel gained huge popularity with a younger generation of rebels (point to Sam’s pencilcase). Commonly viewed as an autobiography combined with a biography of Neal Cassady, it is considered a testament to the Beat legend. Fascinated by the myth of the King of the Beatniks, I examined the authenticity of On the Road and found several issues: the method in which it was written, spontaneous prose; lack of primary sources; and the author’s intention. Jean Louis Lebris de Kerouac was born on the 12 March 1922 in Lowell, Massachusetts. He gained a football scholarship to Columbia University in New York, where he met Allen Ginsberg and William S. Burroughs, who together form the three literary musketeers of the Beat Generation. The Beat Gen were a stalwart literary movement active during the 50s, whose iconoclastic texts dissented formalist constriction of expression, experimentation and individualism, and viewed post-war prosperity, and materialism as antithetical to social equality. Their works pushed the boundaries of censorship, including underground elements sinister to the establishment such as homosexuality, drugs, bop jazz, impulsive desire, preference for marginalised cultures, like Buddhist and Native American, and unconformity to the typically American dream of white picket fence within which your three cherub children can safely frolic. The traditional conservatives called it unrefined and anti-intellectual, and politicians labelled aspects of the Beat Gen psyche as Communist. The popularity and resonance Beat Gen lit had with the youth rebellion generation made it a prominently influential movement in American literature. The Beat Gen members, being life long friends, shared these views and were inspired by figures of the counterculture, in the case of On the Road, Neal Cassady, who was the Beat beliefs personified, â€Å"the holy con-man with the shining mind† (p11). On the Road is about Sal Paradise, an amateur writer struggling with inspiration when he is introduced to Dean Moriarty, a walking legend, the epitome of a Beat man. The novel marks distinct stages of Sal’s growth and development, and his relationship with Dean as he â€Å"shambled after as I’ve been doing † Narrated by Sal, he meets and travels with other characters, bumming and hitchhiking across America. Kerouac developed spontaneous prose, inspired by improvisation in jazz and passionate excitement, its highly confessional, immediate, producing a raw, liberal and intense stream of consciousness, establishing spiritual and personal connections with the narrator. This convinces the reader of a high degree of honesty and vulnerability, and authenticity. Also, there’s an infamous story that adds to the legend of Kerouac and On the Road: the manuscript was typed in 2 weeks fuelled by coffee and Benzedrine, on a seriously lengthy scroll, of teletype paper taped together so that changing the roll wouldn’t disrupt his writing. Tim Hunt wrote in Kerouac’s Crooked Road that Kerouac â€Å"hoped that drafting Although it’s important that there is a high connection between the writer and the reader, it’s also important to note that this sort of spontaneity compromises the detail and accuracy of Sal’s accounts, which brings into questions the subtleties and chronology of small-scale action. Also, his emotional investment makes his narration highly opinionated and being so influenced by Cassady as to travel across the country, Kerouac’s opinions transferred into Sal the persona are influenced heavily by De an. The authenticity and honesty that spontaneous prose conceptualises is undermined by the deliberation and large revision of the manuscript. The published edition was the fourth, and he had been working on On the Road for 2 and a half years, within which he was experimenting with his writing style. He loathed and complained when his editor, who he called a â€Å"crass idiot†, forced several revisions of contextually pornographic sections. In Essentials of spontaneous Prose, released in 1958, he claims that the conscious critical mind might censor richness of imagination. And I think richness of imagination is a euphemism for â€Å"high†, considering the evidence, fictional and factual, of drugs like Benzedrine and weed that reduce clarity of mind, but stimulate the inventive senses. The high levels of intimacy of the actions, events, dialogue and lives of the characters and their real life counterparts means that we cannot satisfactorily negate or authenticate a large amo unt of content, considering the verbose and opportunistic nature of the characters, in particular Dean, and the introverted thoughtfulness of Kerouac. For instance, after his time with Remi Bonceour, an old friend of Sal’s, he sees â€Å"the cutest little Mexican girl in slacks† and he says: â€Å"I wished I was on her bus. A pain stabbed my heart, as it did every time I saw a girl I loved who was going the opposite direction in this too-big world. † Then lo and behold, he gets on his bus to LA and there she is sitting alone, he befriends/propositions/seduces in the proper gentlemanly way of the 50s as you would a â€Å"strange girl†, offering her his jacket for a pillow. Terry and Sal spend fifteen days together, Sal experiencing the Mexican labourer’s life, and at the end, he leaves with an empty promise of New York together. The truthfulness of this encounter is intimate to Kerouac and the girl that is dubbed Terry if she even exists. On the bus from St Louis to Pittsburgh, days after his parting with Terry, he â€Å"made the acquaintance of a girl and we necked all the way to Indianapolis. She was nearsighted. † He had just described his parting with Terry with â€Å"love is a duel, and looked at each other for the last time. Still, we have dates that correlate with the chronology of On the Road, but this doesn’t really authenticate the text, because the majority of it is thoughts, words, actions, affairs of people and these are not things that would have been recorded by the public or the media or any historically interested people. The limit on primary sources thanks to the Kerouac estate closing most of his original manuscripts and letters, means that even his biographies are dependent on very little, written post-mortem and supplemented by his friends who were close to his work, like John Clellon Holmes and Allen Ginsberg. Still, other publications that overlap time periods with On the Road include Vanity of Duluoz and Visions of Cody. Visions of Cody was intended as a sequel and replacement of On the Road, and the obscure structure and style seeming dependent on pure recollection, contrasts with the narrative style of On the Road. Kerouac struggled with the rejection of his first novel, The Town and the City, so in order to appeal to more people and find success, On the Road’s surprisingly conventional narrative structure furthers it away from biography and autobiography. The separation of four different trips emphasises the stages of plot development. It has a protagonist, Dean, who solicits the narrator, Sal, throughout their time together on the road. In fact every part begins revolving around Dean. So it’s understandable to think of On the Road as a biography of Neal Cassady, however, it’s highly biased, considering the obvious love, admiration and dedication Dean’s disciple shows, which then means that the biography would undoubtedly contain bias, hyperbole, neglect, forgiveness, and judgement. There are also motifs and allusions to great American stories – influenced by writers such as Melville, Hemingway, Saroyan and Twain, he makes reference to their work: â€Å"here came a melancholy Armenian youth along the red box-cars, and just at that moment a locomotive howled, and I said to myself, Yes, yes, Saroyan’s town† (p78). He had even planned to write in a black man to draw stronger connections to Huckleberry Finn, but decided against it. This is evidence of thematic concern, deliberation and careful consideration, which further undermines the whole spontaneous prose thing. It might be because I’m an avid fan of Kerouac, I just think he’s beautiful and beautifully written, but I think that the mysteriousness of the veracity of On the Road contributes to the aura that has accumulated throughout its time, and doesn’t degrade it as a milestone in literature and America. I think the authenticity of On the Road shouldn’t be brought to light in the first place because it wasn’t meant to be a biography of anyone, and it should just be read to marvel at the wondrousness of words and their meanings, just like any literature, and I really recommend you read it Sam because it’s totally cliche but it changed my life.

Eighteenth Century Literature Essay Example for Free

Eighteenth Century Literature Essay At the start of the Eighteenth Century Literature the literary pieces focus on rational and scientific views on all aspects of life be it economic, social, political and religious. The period heralded the Age of Enlightenment which was the thought much prevalent of the day. The writers sought to determine universal principles on humanity, nature, and society. The eighteenth-century literate reflected this quest. Written pieces around this time attacked various spiritual and scientific authority, dogmatism, intolerance, censorship, and economic and social restraints. Thus we can see in Thomas Grays Elegy Written in a Country Churchyard expressedly deals with the social issues prevalent during their time particularly the wide gap between social class and the opportunity to attain greatness. These lines in the poem captured these views: â€Å"Let not Ambition mock their useful toil, Their homely joys, and destiny obscure; Nor Grandeur hear with a disdainful smile The short and simple annals of the Poor. † Look more:  the importance of being earnest satire Grays tone throughout the poem is filled with regret. One can sense that something important is lost. This emotional tone captures the injustices that exist in the society due to wealth. He was actually voicing his opinions clearly against social class prejudices that was apparent during that period. In Jonathan Swift’s A Modest Proposal also tackled the social ills during his time. This satirical essay used allusions to English oppressive attitudes toward the Irish. This is apparent in these lines I grant this food may be somewhat dear, and therefore very proper for Landlords, who as they have already devoured most of the Parents, seem to have the best Title to the Children. He also pointed out criticisms on England on the way it mistreated Ireland: For this kind of commodity will not bear exportation, and flesh being of too tender a consistence, to admit a long continuance in salt, although perhaps I could name a country, which would be glad to eat up our whole nation without it. At first glance, the poem appeared to be criticisms heaped on England. But upon closer inspection one can also sense that Swift was expressing his sentiments on the conditions in Ireland, more specifically the can-do spirit of the times that pervaded the community which misled people into thinking that they can cure all social and economic ills specifically fix population and labor issues. Swift’s Modest Proposal talked about a burlesque of projects concerning the poor, that were considered fashionable in the early 18th century. Eighteenth Century Literature is characterized by extreme rationalism and skepticism which gave rise to deism or the belief in the existence of God which became the main theme in the succeeding era of Romanticism. This era is considered as the Age of Sensibility which of course clased with the ideals of the Middle Ages. Towards the end of the period, an intensifying focus on instinct and feeling instead of judgment and restraint was noted paving the way for the Romantic Literature. Romantic Literature During the period of Romanticism, industrialization was introduced. Steam engine was developed and this caused expansion of cities and a number of migrants leaving the countryside. Poor people flocked to the city. Issues such as class-conflicts and concerns on environmental pollution were prevalent. This developments in the era prompted the poets and the writers to seek solace in the beauty of nature. Thus, in most of their literary works we can see the universal theme of Mother Nature being the true cause of wisdome and the antidote to industrialization. Philosophers particularly Jean Jacques Rousseau tackled pertinent issues such as the supremacy or dominance of nature over civilization. A group of poets called Lake Poets from England espoused this philosophical view. Lake Poets comprised of a group of friends such as William Wordsworth and Samuel Taylor Coleridge. The work of these two poets reflect their sentiments perfectly. These Romantic Poets utilized emotions and reflections in their poets to get their message across. Wordsworth’s `I Wandered Lonely as a Cloud`and Coleridge’s `The Eolian Harp` reflected their thoughts about nature and how much they value it. â€Å"I Wandered Lonely as a Cloud by Wordsworth is about the beauty of nature and the need for introspection. This is best captured in the last lines of the poem: â€Å"For oft, when on my couch I lie In vacant or in pensive mood, They flash upon that inward eye Which is the bliss of solitude; And then my heart with pleasure fills, And dances with the daffodils. † Nature after all is best understood and appreciated in solitude. Solitude here however does not mean loneliness but inner peace or tranquility which is the by-product of being in commune with the natural order. Samuel Taylor Coleridge’s `The Eolian Harp` also tackles the beauty that nature brings. The Eolian Harp is a stringed instrument which produces music when placed in an open window allowing breeze to pass over it. The eolian harp was often used by poets in the Romantic period to represent creativity. Just like Wordsworth’s poem, it sought to cope with pensiveness and nature as the solution or cure for this pensiveness as apparent in the first lines of the poem: â€Å"My pensive SARA ! thy soft cheek reclined Thus on mine arm, most soothing sweet it is To sit beside our Cot, our Cot oergrown With white-flowerd Jasmin, and the broad-leavd Myrtle† Coleridge and Wordsworth, however, have different versions of romanticism. Coleridge wanted to make the paranormal real or believable. Wordsworth’s idea of romanticism is to stir the imagination of readers using real characters. Victorian Literature During the Victorian Era (1837 – 1901), novels and poems were no longer written mainly to please the aristocratic few but to make an impression and cater to the tastes of the much larger middle class. The novels were also getting wider acceptance around this time. In this era, romantic images of the past were extolled. The writers use everyday language and combine it with classical and traditional language to symbolize the ushering of modernity in the Victorian period. At that period, the economy was developing, the nobility was gaining less prominence, and the class structures were vanishing. There is a expressed need for Victorian poets to find a voice that would capture the essence of their time and place. Rudyyard, Kipling ` Danny Deever` attempts to portray the inner turmoils of a man about to be executed. The poem is about military execution parade with Danny Deever. What makes you look so white, so white? said Files-on-Parade. Im dreadin what Ive got to watch, the Colour-Sergeant said. For theyre hangin Danny Deever, you can hear the Dead March play, The regiments in ollow square theyre hangin him to-day; Danny is to be executed by hanging because he killed a fellow soldier while he was asleep. One can sense the concerns of the soldier. Another important poet in the Victorian Era is William Ernest Henley who wrote â€Å"Invictus. † His poems were largely based on his personal reflections of his life and his situation being an amputee who suffered tuberculosis of the bone. â€Å"In the fell clutch of circumstance I have not winced nor cried aloud. Under the bludgeonings of chance My head is bloody, but unbowd. † The common theme that ran through the poems is about struggles in life. Danny Deever struggled with his work as a soldier and in Invictus, struggles against disease was obvious. Literature in Victorian era is largely characterized as certain, conservative and objective. Writers in this area had learned to live with realities plaguing them be it social, economic and religious. Certainty in both poems come in the form of death and struggles. The views during this literary period were predominantly conservative especially when it came to social perspectives. The upheavals the people experienced during the romantic era had died down in the Victorian era. Much of the poets’ works around this time served to link and prepared writers as they paved way for the modern era. The literary pieces around this time also tended to reminiscing the past particularly the stories in the classical literature and the medieval literature of England. The Victorians cherised the the heroism, chivalry and nobility of the knights in the past and hoped to recapture that behavior in their period.

The universe is very vast

The universe is very vast The Scale of the Universe The Universe is very vast. Many unanswered questions of life lay hidden beneath this place so unfamiliar to our society. This mysterious dark sky that we are floating in is supposedly constantly expanding to no end. Is there an edge? Well apparently there is no center to this expansion nor is there a fixed scale we know of. Its just an overall expansion everywhere merging into one another and only getting vaster. Will it ever stop expanding, or is there constant velocity acting on things all over, due to gravitational pulls coming from everywhere? The Big Bang which is supposedly the cause of the world we live in today was no ordinary explosion. According to studies from Edwin Hubble in 1929, there is no centre of the universe. These are many questions and statements that are yet to be answered and further investigated. We have come up with many assumptions in which many make sense but what is the truth behind all of this? Nuclear physics may have the answer to many of these question s. I find this topic most interesting simply because of the endless conclusions we can come up with, and the way things have been left so unsolved intrigues me. The Universe is defiantly immense. Earth is a planet in a solar system that is in a galaxy that lies in the Universe. Could the universe be within something too? A Multiverse or an omniverse, so in this case scenario our universe is just one of many others although in English connotation Universe implies everything beyond. The Compact Oxford Dictionary defines the Universe as all existing matter and space considered as a whole; the cosmos. We would like to be able to give the Universe a scale but in order to do so we would have to know the content of everything within it. Throughout history our society has come with many conclusions to try to understand where and how we are situated in our solar system, in the galaxy and now in the universe. People used to think that the Earth was the centre of the Universe and that everything revolved around it. We were wrong. Earth and the other planets in our solar system revolve around the sun. We later deduced that the sun was the center of ever ything and that things revolved around it. Once again this was false. It turns out that there are many solar systems in our galaxy and many suns. We then thought that our galaxy was everything. As a result we were wrong again, there are many other galaxies. All of these are wrong statements, we may still be wrong today. There are as many galaxies or even more in the Universe as there are stars in our own galaxy. There are even clusters of galaxies and clusters of clusters which are called Superclusters which make up the Universe. We would love to give the universe a scale but we can only determine the edge by what light beams have been able to travel past, thus the distance is calculated in time taken by a light ray. The extent of what we can see in the Universe would take 15billion years at light speed to reach that area. We see no further since light has not traveled that far yet. We assumed that the Universe is constantly expanding and over time different factors will affect things. Here is a graph that shows the scale of the Universe versus time. The graph shows three factors that supposedly contribute to the Universes expansion: Constant Dark Energy, Big Rip Big Crunch is what scientists see as the expansion of the Universe and its fate. The curve determines in what way the Universe is expanding. If we look at the graph carefully it states that at the beginning of times, things were created by this mysterious Big Bang. Eventually these three components (Big Rip, Constant Dark Energy and Big Crunch) started to increase. The Universe was expanding (Big Crunch), the amount of dark energy was increasing and things were constantly being split into pieces, divided and chopped due to the theory of Big Rip. Things have stayed this way till present time but eventually in the future scientists predict that due to this constant effect of the Big Rip the Universe would eventually collapse which is stated by the down curve of the Big Crunch. All in all scientists predict an eventual implosion of the entire Universe, due to its constant expansion which is supposedly being expanded by shreds of particles being ripped apart. Is there a definite scale to the Universe? We cannot tell but we assume that it is constantly expanding. I would have thought that we are under the illusion of this expansion and that it is simply that we cannot see further since light rays have not traveled that far for us to be able to see any further. My theory can be proven since the furthest we can see has taken a ray of light to travel all that distance since the big bang. What I believe is that there is something faster than the speed of light and the explosion of the Big Bang has brought things further away faster than a ray of light can travel. I believe that there is no existence over there but there is matter, atoms and particles. If I believe what scientist say I could assume that the distance of the Universe is 15billion light years. The di stance a light ray has traveled since the Big Bang. This is possible since the speed of light in Einsteins theory of relativity is only an axiom on which he basses the rest of his theory. Bibliography The Distance Scale of the Universe. An Atlas of The Universe. . KryssTal : The Scale of the Universe. KryssTal : Home Page. . Molecular Expressions: Science, Optics and You Secret Worlds: The Universe Within Interactive Java Tutorial. Molecular Expressions: Images from the Microscope. . The Scale of the Universe. Center for Astrophysics and Space Sciences @ UCSD. . Weird data suggests something big beyond the edge of the universe | COSMOS magazine. COSMOS magazine | The science of everything. . Why can nothing go faster than the speed of light? | Ask MetaFilter. Ask MetaFilter | Community Weblog. . YouTube Imagining the Tenth Dimension (annotated). YouTube Broadcast Yourself. .

The Wedding of Sir Gawain and Dame Ragnell :: Dame Ragnell Character Analysis Essays

The Wedding of Sir Gawain and Dame Ragnell In the story of "The Wedding of Sir Gawain and Dame Ragnell," we are introduced to a rather interesting character, Dame Ragnell. We meet Dame Ragnell in the beginning of the story when King Arthur is riding his horse into Ingelswood Forest. He then meets a lady, Dame Ragnell, who is described to be absolutely hideous and grotesque. The story gives a complete description of this old, foul woman: Her face was red, her nose snotid withalle, Her mouithe wide, her teethe yallowe overe alle, With blerid eyen gretter then a balle; Her mouithe was not to lak; Her teeth hing over her lippes; Her cheekis as wemen hippes. Dame Ragnell is a repulsive creature. She's described as a big, broad-shouldered woman with yellow, rotten teeth hanging over her mouth, great big eyes, and a big red face with cheeks the size of a lady's hips. King Arthur runs in trouble and is given twelve months to find the answer to the question, "What do women most desire?" With his life riding on this answer, King Arthur desperately asks Dame Ragnell to tell him what women most desire. She tells him that women most desire power and sovereignty in marriage. But she tells him this only after he promises that one of his knights, Sir Gawain, will wed her. Sir Gawain does indeed marry her, but only because of his strong loyalty to his king. Sir Gawain is disgusted by her appearance, but he knows this is the only way to save King Arthur. People pity Sir Gawain, a very handsome man who possesses nobility and honor, for having to marry such a loathly woman. Dame Ragnell has no manners, especially at the dinner table. When she feasts at King Arthur's court, she eats as much food as six grown men: Her nailes were long inchis three; Therewithe she breke her mete ungoodly; Dame Ragnell's appearance is the result of her stepmother's wicked spell. Her stepmother cursed Dame Ragnell many years ago and the spell can only be broken if she weds a man who gives her sovereignty in their marriage. The spell has yet to be broken†¦that is until she is married to Sir Gawain. Then, she gives Sir Gawain the ultimatum that he can either choose for Dame Ragnell to be beautiful during the day for all men to admire, and at night she will be ugly for Sir Gawain, or for her to be ugly during the day and beautiful at night for Sir Gawain to enjoy. The Wedding of Sir Gawain and Dame Ragnell :: Dame Ragnell Character Analysis Essays The Wedding of Sir Gawain and Dame Ragnell In the story of "The Wedding of Sir Gawain and Dame Ragnell," we are introduced to a rather interesting character, Dame Ragnell. We meet Dame Ragnell in the beginning of the story when King Arthur is riding his horse into Ingelswood Forest. He then meets a lady, Dame Ragnell, who is described to be absolutely hideous and grotesque. The story gives a complete description of this old, foul woman: Her face was red, her nose snotid withalle, Her mouithe wide, her teethe yallowe overe alle, With blerid eyen gretter then a balle; Her mouithe was not to lak; Her teeth hing over her lippes; Her cheekis as wemen hippes. Dame Ragnell is a repulsive creature. She's described as a big, broad-shouldered woman with yellow, rotten teeth hanging over her mouth, great big eyes, and a big red face with cheeks the size of a lady's hips. King Arthur runs in trouble and is given twelve months to find the answer to the question, "What do women most desire?" With his life riding on this answer, King Arthur desperately asks Dame Ragnell to tell him what women most desire. She tells him that women most desire power and sovereignty in marriage. But she tells him this only after he promises that one of his knights, Sir Gawain, will wed her. Sir Gawain does indeed marry her, but only because of his strong loyalty to his king. Sir Gawain is disgusted by her appearance, but he knows this is the only way to save King Arthur. People pity Sir Gawain, a very handsome man who possesses nobility and honor, for having to marry such a loathly woman. Dame Ragnell has no manners, especially at the dinner table. When she feasts at King Arthur's court, she eats as much food as six grown men: Her nailes were long inchis three; Therewithe she breke her mete ungoodly; Dame Ragnell's appearance is the result of her stepmother's wicked spell. Her stepmother cursed Dame Ragnell many years ago and the spell can only be broken if she weds a man who gives her sovereignty in their marriage. The spell has yet to be broken†¦that is until she is married to Sir Gawain. Then, she gives Sir Gawain the ultimatum that he can either choose for Dame Ragnell to be beautiful during the day for all men to admire, and at night she will be ugly for Sir Gawain, or for her to be ugly during the day and beautiful at night for Sir Gawain to enjoy.

Survey of Education Essay -- College University Education Essays

Survey of Education A formal education is a very valuable tool in today’s society. But why is it important, and what exactly makes up an education? I will attempt to explain these question through a variety of ways. As a current University student, I know what my education and college experience means to me, but I also want to know what other students think the purpose of an education is. I will investigate what exactly students learn and have learned at the Uof A. Then I will contrast the thought of traditional and non-traditional students. First to get an accurate picture of the thoughts of UofA students, I had to choose a variety of students. They included both male and female, traditional and non-traditional students. I composed a poll which asked seven questions. Each question was asked on an individual level, and I expected those polled to be able to only answer for themselves. My questions read as followed: 1. Why are you in college and, in particular, at the Uof A? 2. What is you definition of the word education? 3. Do you think you earn an education, receive it, labor over it, or achieve it? 4. What will you get out of your University education? 5. Do you think you needed the college experience as opposed to going straight into the â€Å"real world†? 6. What have you really learned while you’ve been here? 7. What are the benefits of a University education? Now I will first attempt to answer my own questions. Firstly, I am in the University because I think a degree will be essential for the work level which I want to enter. I also have been strongly influenced by my parents in the decision of coming to college. My father has c... ...ey didn’t have a chance to learn earlier. Many non-traditional students have to really struggle over going back to school because they must make time out of their established life. Traditional students can learn a lot from older students. Usually, younger students complain when they have non-traditional students in their classes. This is because the older students tend to ask many questions and really want to understand something before they move on. They are in class because they want to be. Younger kids shouldn’t get frustrated in class when people ask questions and want to learn more about a subject. We, instead should realize that one day we will look back and see you important college was and what an opportunity we had. Traditional students need to take seriously and understand this could be the only time in our lives when we have an opportunity to learn. Survey of Education Essay -- College University Education Essays Survey of Education A formal education is a very valuable tool in today’s society. But why is it important, and what exactly makes up an education? I will attempt to explain these question through a variety of ways. As a current University student, I know what my education and college experience means to me, but I also want to know what other students think the purpose of an education is. I will investigate what exactly students learn and have learned at the Uof A. Then I will contrast the thought of traditional and non-traditional students. First to get an accurate picture of the thoughts of UofA students, I had to choose a variety of students. They included both male and female, traditional and non-traditional students. I composed a poll which asked seven questions. Each question was asked on an individual level, and I expected those polled to be able to only answer for themselves. My questions read as followed: 1. Why are you in college and, in particular, at the Uof A? 2. What is you definition of the word education? 3. Do you think you earn an education, receive it, labor over it, or achieve it? 4. What will you get out of your University education? 5. Do you think you needed the college experience as opposed to going straight into the â€Å"real world†? 6. What have you really learned while you’ve been here? 7. What are the benefits of a University education? Now I will first attempt to answer my own questions. Firstly, I am in the University because I think a degree will be essential for the work level which I want to enter. I also have been strongly influenced by my parents in the decision of coming to college. My father has c... ...ey didn’t have a chance to learn earlier. Many non-traditional students have to really struggle over going back to school because they must make time out of their established life. Traditional students can learn a lot from older students. Usually, younger students complain when they have non-traditional students in their classes. This is because the older students tend to ask many questions and really want to understand something before they move on. They are in class because they want to be. Younger kids shouldn’t get frustrated in class when people ask questions and want to learn more about a subject. We, instead should realize that one day we will look back and see you important college was and what an opportunity we had. Traditional students need to take seriously and understand this could be the only time in our lives when we have an opportunity to learn.

Afghanistan: Americas Attempt to Abolish the Taliban Essay -- Govern

Afghanistan: America's Attempt to Abolish the Taliban In an age when mankind has the ability to completely annihilate itself through nuclear combat, war can be a more terrifying and powerful thought than ever before. Unfortunately, because of the extent of the actions that the Taliban has committed against both America and its own followers, the United States’ war against terrorism seems to be a necessity. I do feel, however, as if there are many things that can be done by the American government in the near future to peacefully approach a more civil and politically involved Afghanistan. Although my feelings on a war against terrorism are mixed, I do feel that significant actions must be taken in order to restrict the spread of the Taliban and rebuild the government of Afghanistan. It is hard to say exactly how I feel about the war that the United States is waging against the Taliban. I feel that war should always be a last resort when dealing with problems between countries, especially in today’s age. Because of remarkable technological advances over the past few dec...

The Characters’ Conformation to Social Restrictions in the stories The Gilded Six-Bits and The Waltz

In the stories The Gilded Six-Bits by Zora Neale Hurtson and The Waltz, by Dorothy Parker, the main characters find themselves acting under the tight social constraints that society projects on them. Their gender, race and class all dictate how they see themselves and how others see them, and therefore how they must act. Missie May, Joe and the narrator of The Waltz are all puppets to convention, although not always conscious of it. Through this essay I will demonstrate the social restrictions and rules that existed for people of color and women in the early 1900s, with evidence from the text. The Gilded Six-Bits is a moving story of frustration and greed. In the home of a poor young black couple in the southern states is where our scene takes place. As we find out, Missie May is an attractive black newly married homemaker who takes pride in her husband's hard work and in her own work around the house. Her husband who works at a fertilizer company adores her, and puts her on a pedestal and yet expects her to stay in her role as a subservient homemaker. As is demonstrated in the story, Missie May struggles with her social restrictions and expectations. Firstly, the color of her skin decrees of what class she is. She is of color, meaning she is lower than even the lowest white folk and also dictates what part of town she must live, at what level she must marry, and where she is to work, but most importantly, it defines how other (white) people treat her. Not only is Missie May black, but also a woman. This puts her at a double disadvantage, since even white women were still struggling to be recognized as valued human beings at this time. White women were just achieving the vote and had just finished proving to the world that they were valuable commodities, during the First World War, when they were made to do men's jobs to keep society going. Opinion of women at this time is very low. Women's main role was still to marry and have children. In The Gilded Six -Bits, the first example of role playing is during Missie and Joe's little game. Every Saturday Joe throws silver dollars onto the floor where Missie stands, and then she must catch him and go through his pockets to find the coveted candy kisses. This is a fun routine they go through every week when Joe is paid, and both parties look forward to it. Missie May goes through the motions of the game: â€Å"Nobody ain't gointer be chunkin' money at me and Ah not do 'em nothin',† she shouted in mock anger.† (p. 1439) Hence, the first role Missie plays is as a predator in a friendly game with her husband. Although society doesn't impose what she is supposed to do in that instance, it is her husband's expectations that are imposed on her. Joe insists on playing this game every week, and therefore she must play her character with him every time. Although it is ‘just a game', it is very representative of their relationship in that he requires her to take her role as he takes his. Next, we see Missie in her predictable role, as a wife and as a woman. We hear from Joe that â€Å"Woman ain't go no business in a man's clothes nohow. Go away.† (p.1440) And later he puts her in her place by denouncing the fact that she is hungry: † ‘You ain't hongry, sugar,' Joe contradicted her. Youse jes' a little empty. Ah'm de one whut's hongry.† Next, Joe gives Missie an order that insults her since she knows how to do her business: â€Å"Have it on the table when Ah git out de tub.† She resentfully comes back with her declaration that she is indeed an excellent wife: â€Å"Ah'm a real wife, not no dress and breath.† As you can tell, Missie accepts her role as a woman and as a wife, and also accepts her subservient role with her husband. She follows the guide lines he sets for her. An interesting observation is that the rules differ as soon as they enter the home. During their little game, Missie and Joe are equals, but as soon as they set foot in the home setting, Missie becomes servile and Joe becomes demanding. Joe is the hard working husband, who brings home the money and supports his wife. He treats his wife well, and ‘adores' her and yet expects her to be obsequious. â€Å"Ah'm satisfied de way ah is so long as ah be yo husband, ah don't keer bout nothing else.† (p.1442). He is proud that she is very attractive and treats her as an object and feels he owns her. â€Å"Ah ain't never been noewhere and Ah ain't got nothin but you.† (p.1441) Joe also feels the need to parade Missie around to show off what he's got: â€Å"Go ‘head on now, honey and put on yo' clothes. He talkin' 'bout his pritty womens – Ah want ‘im to see mine.† (p.1442) Another instance of keeping in the role of a lady is when Joe refuses to give Missie a second helping of the tater pone: â€Å"Nope, sweetenin' is for us men-folks. Y'all pritty lil frail eels don't need nothin' lak dis. You too sweet already.† (p.1440) I interpret this to mean he doesn't want her to take more because it isn't lady-like to have seconds and he wants her to keep her nice figure so he can show her off. His possessive attitude changes when he catches Missie May in bed with Otis D. Slemmons. His attitude towards her changes immensely. She no longer has ‘marital duties', but still must maintain the cleaning and cooking. This makes her more of a slave than a wife, because she is supposed to do these things as a wife, but once the intimacy is gone, what is left is the bare bones of being a wife, which is to cook and to clean for the husband. After she is caught in bed with Slemmons, Missie laments her loss of menial duties: â€Å"It was day. Nothing more. Joe wouldn't be coming home as usual. No need to fling open the front door and sweep off the porch, making it nice for Joe. Never no more breakfast to cook; no more washing and starching of Joe's jumper-jackets and pants. No more nothing, So why get-up?† (p.1444) I find it very interesting that as soon as her husband finds out about her affair, she mourns not the loss of trust, or ‘good times', but she mourns the work that she did for him. She laments that she can no longer serve him the way she used to. Missie May took her role as being a wife very seriously and when she thought there was no need for her ‘services' anymore, she decided there wasn't much to live for, which is quite shocking. Missie May was so involved in her role with her husband, that she had no other identity. â€Å"He had both chance and time to kill the intruder in his helpless condition – half in and half out of his pants – but he was too weak to take action. The shapeless enemies of humanity that live in the hours of Time had waylaid Joe. He was assaulted in his weakness. Like Sampson awakening after his haircut. So he just opened his mouth and laughed.† (p.1143) This last scene describes a time when Joe does not know how to act or what to do. There is not a specific protocol for poor blacks or rich whites of what to do when one catches one's wife cheating. He is not sure what he feels or whether to laugh or cry. He is not clear as to what his role in this situation is. Does he kill the intruder? Does he beat his wife? Joe is caught in a brutally complicated situation, where society has no specific guidelines to follow. Fortunately, Joe, being the good soul he is, hits Slemmons, and comforts his wife, not following convention in the least with those actions. The narrator in The Waltz by Dorothy Parker takes a humorous look at women's etiquette in society. The Waltz is about a woman who is trapped in the conventions of her high class society. She must conform to the ‘rules' of her status. In this case, she is asked to dance by a man whom she detests and does not want to waltz with. For pages, she condemns the man with whom she dances while outwardly ‘enjoying' herself. The narrator (whom we shall refer to as Mary) ironically points out how women are supposed to be passive and receptive to men. The rules of convention dictate that she must not only dance with him, but forgive his clumsiness and invite him to continue dancing with her, all the while, inside damning his every word and motion. â€Å"There was I, trapped. Trapped like a trap in a trap.† (p.1463) Although Missie May and ‘Mary' differ greatly in their social class and their race, they share a common bond of both being women in the early 1900s. Here we have Missie May, at the very bottom of the social totem pole, being a black woman, and then we have Mary, who is of the highest social ranking, and incredibly, both suffer from the constraints of society. In the next quotation, we see the two facedness of Mary; the contradiction between her thoughts and her actual speech: â€Å"Ow! For God's sake, don't kick, you idiot; this is only second down. Oh, my shin. My poor, poor shin, that I've had ever since I was a little girl! ‘Oh, no, no, no. Goodness, no. It didn't hurt the least little bit. And anyway it was my fault. Really it was. Truly. Well, you're just being sweet, to say that. It really was all my fault.' Die he must and die he shall, for what he did to me. I don't want to be the over-sensitive type, but you can't tell me that kick was unpremeditated†¦but when it comes to kicking, I am Outraged Womanhood. When you kick me in the shin, smile.† (p.1463) Mary apologizes profusely, and is always saving the man's embarrassment, always cradling the man's ego. This high-class woman is expected to stay mute about her opinions and stoop to pleasing the man. Even though she is not serving a man directly as Missie May serves Joe, Mary is in a sense serving under male society's laws. She serves men by not outwitting them, by not broadcasting her opinions and by ‘smiling'. Mary is just as servile as Missie May in that she obeys a man based society. The three characters discussed in this essay, from The Gilded Six-Bits and The Waltz, all deal with the challenges of their roles in society differently. Missie May accepts her role graciously, until she lashes out and has an affair, Joe gets caught in a moment when he does not know what to do, and therefore laughs, and ‘Mary' talks to herself, but never exposes her inner thoughts. No matter the class, race or gender they all found ways to cope with the roles society had imposed on them.

“Comparative Study of Different Financial Instrument in Indian Market” Use by Retail Investor

â€Å"Comparative study of different financial instrument in Indian market† Submitted to: Prof. Jitendra Sharma Prof. Daisy Kurien Submitted By: Radhika Khant Date of Submission: May 18, 2012 Xcellon Institute- School of Business Project report on â€Å"HR Policy in HDFC Bank† Submitted to: Prof. Jitendra Sharma Prof. Daisy Kurien Submitted By: Radhika Khant A report submitted In a partial fulfillment for the award Of the Post Graduate Programme in General Business Management (2011’13) Ahmedabad 17 April 2012 Table of Content Acknowledgement†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. 4 Executive Summary†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦5 1.Introduction†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦6 2. 1 Financial Industry: History†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. 6 2. 2 Financial Industry in India†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ 7 2. 3 Financial Services in India: Brief Overview†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦7 2. 4 Financial Services in India: Recent Development†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ 9 2. 5 Financial Services: Government Initiatives†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. 10 2. 6 Financial Services: Demand and Supply†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. 10 2. 7 List of top finance companies in India†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â ‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. 10 2. 8 Road Ahead†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. 13 2. Types of Instruments†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. 14 3. Debt instruments†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. 14 3. 10 Debenture†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. 15 3. 11 Bonds†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦16 3. 12 Mutual fund†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢ € ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. 18 3. 13 Equity†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦21 3. 14 Insurance†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ 23 3. 15 Gold†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ 26 3. 16 Real estate†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. 27 3. 17 Forex†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢ € ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. 30 3. 18 Fixed Deposit†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. 31 3. Research Methodology†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ 33 3. 1Scpoe of Research†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. 33 3. 2Management Question†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ 3 3. 3Objectives of study†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦34 3. 4Research Design†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. 35 3. 5Sources of Data†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. 35 3. 6Sampling Design Process†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. 36 3. 7Data Analysis Technique†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ 36 3. 8Limitation of the Study†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. 36 4. Analysis of data†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. 37 5. Finding/ Interpretation†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. 63 6. Conclusion†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦69 7. Reference†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. 70 8. Annexure†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ 73 Acknowledgement Being fortune enough to be a part of Xcellon Institute-School of Business, Ahmedabad.First of all I would like to thank to Professor Jitendra Sharma for helping me to give relevant information for preparing my project. At last, my grateful thanks is also extended to Ms. Daisy Kurien (professor of Xcellon Institute-school of business) to give her guidance and for all supports throughout the project. Radhika Khant Executive Summary The whole topic covers the perception regarding investor while investing in any financial instrument. What are the factors investor consider while investing. What are the criteria are very important for the investor.The whole study tells about the different financial instrument and the preference of people towards those instruments. Chapter 1 gives the idea regarding the financial industry of India. It also throws the light about the current trends of financial industry and who are the major player in the financial service providers. It gives the idea regarding the recent change occurred in this sector. At last, it shows the future of that sector. Chapter 2 includes the comparative study of different financial instruments like equity, debenture, fixed deposit, bonds, forex, real estate, insurance, gold, mutual fund.It covers the advantages and disadvantages of each instrument. Chapter 3 basically deals with the res earch methodology used for preparing the report. It includes the sampling technique procedure, sample size, management question, research objective, data analysis technique and limitation of the study. Chapter 4 includes the analysis of all the primary research. With the help of different statistical techniques like multiple correlation, Anova, Chi-square. Chapter 5 includes the finding or interpretation of the analysis. 1. Introduction Finance industry in the world as consider to be the most important.Financial services are the economic services provided by financial industry, which encompasses a board range of organizations that manage money, including credit unions, banks, credit card companies, insurance companies, consumer finance companies, stock brokerages, investment fund and some government sponsored enterprise. The term ‘financial services’ became more relevant in the US partly as a result of the Gramm-Leach-Billey Act of the late 1990s, which enabled differen t types of companies operating in the US financial services industry at that time of merge. 1. 1 Financial Industry: HistoryThe major events that have shaped the modern finance industry are: * The Great Depression (1929): The Great Depression originated in the US with the Wall Street crash in October 1929. The effects of the depression spread across the world, especially in the heavy industries. Capital requirements regulation, financial industry oversights and the insurance of deposit accounts sprang out of this tumultuous period. * Black Monday (1987): On October 19, the stock markets across the world witnessed a huge crash. This was the largest one day decline in the stock market history. The crash started in Hong Kong, spreading to Europe and the US.Analysts blamed computer trading systems for magnifying the losses. * Asian Financial Crisis (1990s): The Asian Financial Crisis was triggered by the collapse of Thai baht as the government of Thailand decided to float the national c urrency. The nation had a huge foreign debt at that point, driving it to the verge of bankruptcy. The crisis rippled across the whole of Southeast Asia and has led to many emerging market countries to reduce debts and build up foreign currency reserves. * Stock Market Downturn (2002): Stock exchanges around the world witnessed a significant decline in March 2002.It was attributed to the bursting of the ‘Dot-com Bubble’, which saw major Internet companies going bankrupt. * Sub-prime Crisis (2007): Credit markets faced major crunch due to large scale default on loans. It led to the Financial Crisis of 2008 – 2009 and resulted in the bankruptcy, fire-sale acquisition and government bailouts of finance industry giants such as Lehman Brothers, Bear Stearns, AIG, Fannie Mae, Freddie Mac, Merrill Lynch, Wachovia, Northern Rock, Lloyds TSB, HBOS, RBS and the entire banking system of Iceland. The world economy can expect reduced growth rates and tighter regulations as a r esult of this crisis. . 2 Introduction of financial industry in India The financial industry, or financial services industry, includes a wide range of companies and institutions involved with money, including businesses providing money management, lending, investing and insuring and securities issuance and trading services. The following institutions are a part of financial industry. * Banks * Credit card issuers * Insurance company * Investment banker * Securities traders * Financial planner * Security exchange 1. 3 Financial Services in India- Brief OverviewFinancial services industry is the mainstay of any economy as it mirrors the financial health of the country. Indian financial markets are highly regulated with different authorities keeping an eye on every avenue of financial sub-segments viz. Stock markets, mutual funds, insurance and banking. Stock markets are regulated by Securities and Exchange Board of India (SEBI) while Insurance Regulatory and Development Authority (IRD A) keep an eye on the insurance industry. Similarly, Reserve Bank of India (RBI) keeps a check on the Indian banking sector and Association of Mutual Funds in India (AMFI) takes care of the mutual fund segment.India boasts of a Rs 23, 000 crore (US$ 4. 44 billion) – financial services distribution and advice market. Recent developments, Government measures, key facts and figures pertaining to the same are discussed hereafter. Insurance Sector Even when the turbulent times are prevalent in the global financial markets, Indian consumers have not lost faith in their financial systems. This fact is majorly driving Indian insurance market. According to the data released by Life Insurance Council, total premium collected (including both new and renewal premiums) during April-September 2011 stood at Rs 1,22,661 crore (US$ 23. 9 billion). In the same period, the renewal premium collection increased by 17 per cent to Rs 73,575 crore (US$ 14. 21 billion), as against Rs 62,818 crore (US $ 12. 13 billion) in the corresponding period in 2010. Till September 30, 2011, promoters of life insurance companies had injected over Rs 32,720 crore (US$ 6. 32 billion) as capital. Also, there was an investment of more than Rs 200,000 crore (US$ 38. 62 billion) in infrastructure development in the sector. The council further predicts an upsurge in new premium collections during October 2011-March 2012.Ratings agency Moody's believe that strong deposit base of Indian lenders and Government's persistent support to public sector and private banks would act as positive factors for the 64 trillion (US$ 1. 23 trillion) Indian banking industry amidst the negative global scenario. * According to the RBI's ‘Quarterly Statistics on Deposits and Credit of Scheduled Commercial Banks', March 2011, Nationalized Banks, as a group, accounted for 53. 0 per cent of the aggregate deposits, while State Bank of India (SBI) and its associates accounted for 21. 6 per cent.The share of new private sector banks, Old private sector banks, foreign banks and Regional Rural banks in aggregate deposits was 13. 4 per cent, 4. 6 per cent, 4. 4 per cent and 3 per cent respectively. With respect to gross bank credit also, nationalized banks hold the highest share of 52. 8 per cent in the total bank credit, with SBI and its associates at 22. 1 per cent and New Private sector banks at 13. 2 per cent. Foreign banks, Old private sector banks and Regional Rural banks held relatively lower shares in the total bank credit with 4. 9 per cent, 4. per cent and 2. 4 per cent respectively. * Another statement from RBI has revealed that bank advances grew 17. 08 per cent annually as on December 16, 2011 while bank deposits rose 18. 03 per cent. Mutual Funds Industry in India Recent data released by AMFI stated that the cumulative average Asset Under Management (AUM) of all fund houses aggregated to about Rs 6,87,640 crore (US$ 132. 77 billion) in the last quarter of 2011. Data compiled at the end of 2011 indicated that HDFC Mutual Fund maintained its top position with an average AUM of Rs 88,737. 07 crore (US$ 17. 3 billion) while fund houses namely Reliance, ICICI Pru, Birla Sun life and UTI followed. By the end of 2011, there were a total of 44 fund houses in the country as against 42 in the first quarter of the year. Private Equity (PE), Mergers ; Acquisitions (M;A) in India Global consultancy firm Ernst ; Young (E;Y) has stated that the value of M;A deals involving Indian companies aggregated to US$ 34. 4 billion in 2011 involving 806 transactions. There were 177 outbound deals with an aggregate disclosed value of US$ 8. 8 billion in 2011; forming 25. per cent of the total M;A pie. Adani Enterprises' acquisition of Abbot Point Coal Terminal in Australia (US$ 2 billion) and the GVK Group's purchase of Australia-based Hancock Coal's Queensland coal assets (US$ 1. 3 billion) were among the biggest outbound deals recorded in 2011. According to data released by auditing and c onsultancy firm KPMG, India Inc witnessed a 31 per cent increment in PE investment to US$ 7. 89 billion during the first three quarters of 2011. PE firms like Blackstone India and Kohlberg Kravis Roberts & Co (KKR & Co) are betting high on Indian markets.The Blackstone India chief was reported to have said that he intends to close 5-6 deals a year in India whose financial valuations would revolve around roughly US$ 100 million to US$ 120 million each. Foreign Institutional Investors (FIIs) in India Overseas entities are among the important drivers for Indian stock markets. FII flows account for about 45 per cent of the market free-float, according to Jyotivardhan Jaipuria, Managing Director and Head of Research, DSP Merrill Lynch (India). According to the data released by SEBI, FIIs purchased stocks worth Rs 600,000 crore (US$ 116 billion) during 2011.FIIs were also seen attracted to the debt market in 2011 wherein they infused Rs 42, 067 crore (US$ 8. 12 billion). This intense inte rest in debt markets helped India get a net FII inflow of Rs 39, 353 crore (US$ 7. 6 billion) (taking both- debt and stocks- into account) for the year. The number of FIIs registered with SEBI stood at 1, 749 as of October 2011, while the number of FII sub-accounts was 6, 058 during the month. Furthermore, FIIs injected Rs 41,253 crore (US$ 8 billion) in Government securities (G-secs) and Rs 68,289 crore (US$ 13. 18 billion) in corporate bonds, as on October 31, 2011. 1. Financial Services in India: Recent Developments * India Infrastructure Finance Company Ltd (IIFCL) and IDBI Bank have inked a five-year memorandum of understanding (MoU) to launch infrastructure debt fund (IDF) schemes. The IDF, for which IDBI Bank and IIFCL would play strategic investors, is expected to get launched by the end of February 2012. * With an intension to strengthen its hold in southern India, the Uco Bank is planning to add 11 more branches in Andhra Pradesh to its 66-branch-strong network in the stat e. The bank has made exemplary progress in recent past with 2,004 branches in the country and four abroad. IRDA has recently launched a mobile application that enables comparison between various insurance products and premium rates. The application, compatible with Android, iPhone, Nokia and Blackberry platforms, has been developed to empower consumers/prospects to make informed decisions by comparing features of insurance products through mobiles. * US-based financial services company Ameriprise Financial Inc has commenced its operations in India. It is the only international firm in India that would provide pure financial planning and wealth management services to the Indian consumers. 1. 5 Financial Services: Government InitiativesThe Government's top priority seems to be the enhancement of investor base for the Indian markets. That is why the Ministry of Finance started 2012 with a happy announcement by allowing foreign nationals, trusts and pension funds to invest directly in t he country's listed companies from mid-January 2012. The Government of India has also decided to infuse Rs 6,000 crore (US$ 1. 16 billion) in public sector banks during the remaining 2011-12 to ensure that the entities meet regulatory requirements. In 2010-11, the Government had provided Rs 20,157 crore (US$ 4 billion) as its capital support to public sector banks.In order to prepare public sector banks for neck-to-neck competition ahead and improve their performance in future, the finance ministry has set new benchmarks for them to achieve. The new benchmarks, that would calculate their functional and financial capability to qualify for capital infusion, entail three performance indicators – savings and current deposit ratio, employee-branch ratio and profit per employee. 1. 6 Financial Industry: Demand and Supply Drivers Demand for financial products is driven by risk-reward assessments, which consider: * Potential Yield * Risk rating * Liquidity Availability of information * Access to alternatives The major supply drivers are: * Money supply * Interest rates * Inflation * Economic conditions Government regulations 1. 7 List of Top Finance Companies of India SBI Capital Markets Limited: It is one among the oldest organizations in the capital markets sector of India. It was established in the year 1986 as an ancillary of SBI. It ranks second in Asia's Project Advisory services. The company is a trailblazer in privatization and securitization. The company’s subsidiaries are SBICAPs Ventures Ltd. , SBICAP Trustee Co. Ltd. Bajaj Capital Limited:The company offers best investment advisory and financial planning. It provides institutional investors, NRIs, corporate houses, individual investors, and high network clients with investment advisory and financial planning services. It is also the largest provider of finance products offered by public and private organizations, several government bodies, investment products like bonds, mutual funds, general insurance etc. IDBI Bank: The Managing Director and Chairman of the bank is Shri R. M. Malla. It offers the services like personal banking, corporate banking, MSME finance, NRI services and much more.Browse the site to know more. UTI Mutual Fund: The company offers best investment advisory and financial planning. It is recognised as India's most trusted financial advisor. DSP Meriyll Lynch Limited: It is the key player of equity and debt securities in India. It renders financial advises to many corporations and institutions. It also offers a wide array of wealth management and investor services along with customized advices related to financial matters. This company is the pioneer to form research facility to research in financial products and services, improvements and innovations. The company also has its hand in theGovernment securities and holds an eminent position in the market of equity and debt in India. | | Birla Global Finance Limited: It is a subsidiary of Aditya Birla Nu vo Ltd. Their motto is to be the first choice of the customers as a major provider of financial services through technology and value creation. The primary activities of the company are Corporate Finance and Capital Market. Aditya Birla Nuvo has also formed alliance with Sun Life Financial of Canada which has given rise to the following financial services companies like Birla Sun Life Insurance Co Ltd. , Birla Sun Life Distribution Co. and many others.Housing Development Finance Corporation: This company offers the best financial solutions and guidance for home loans, property related services, loans for NRIs etc. in India. The one stop destination for comprehensive information on personal finance is HDFC. The company has a wide network in India and abroad. HDFC overseas offices are in Singapore, Kuwait, Qatar, Saudi Arabia and many others. PNB Housing Finance Limited: This is completely owned by PNB and offers premium solutions to relieve the borrowers. This subsidiary of the PNB h as recorded a growth a 73% and is a leading finance company of India.The Home Loan Life Insurance Plan of this company in association with TATA AIG offers the lowest premium in compare to others. The chart for loans of 5 lacs and tenure of 15 years is just premium. It renders other services like Deposit schemes, Loan schemes and many others. ICICI Group: ICICI offers a wide spectrum of financial products and services in India. The company provides solutions for all needs like Instant Banking, Online Trading,Insta Insure,ICICI Bank imobile etc. The company keeps up the financial profile healthy and diversifies earnings across geographies and businesses.The company's philosophy is to deliver high class financial services for all the cross sections of the society. Their products are Mutual Fund, Private Equity Practice, Securities, and Life Insurance etc. LIC Finance Limited: It is the leading player in the finance sector of India being the biggest Housing Finance Company of India. The function of the company is to provide finance to individuals for repair or construction or renovation of the old or new apartment or house. It also offers finance on the existing property for personal or business matters. The company has 14 back offices,6 regional offices and 126 units of marketing in India.L ; T Finance Limited: This company was established in the year 1994 by the Larsen and Turbo group and now it is a significant name in the financial sector. The company offers schemes like funds for automobiles, funds for Agricultural Instruments, secured loans, funds for automobiles and many others. It offers loans for a long tenure and the loans are given in exchange of valuable items. India Infoline Limited: The IIFL (India Infoline) group, consisting the holding company, India Infoline Ltd (NSE: INDIAINFO, BSE: 532636) and its subsidiaries, is one of the leading players in the Indian financial services space.It has a lot of information related to financial world. Check out t he site for more information. 1. 8 Road Ahead A report by The Boston Consulting Group (BCG) India, in association with an industrial body and Indian Banks Associations (IBA) predicts that Indian banking sector would become the world's third largest in asset size by 2025. The report also analyses that mobile banking would become the second largest channel of banking after ATMs. Given the positive eco-system of the industry, regulatory and Government initiatives, mobile banking is anticipated to enhance from 0. per cent of transactions in a 45 per cent financial inclusion base in 2010 to 34 per cent of the transactions with 80 per cent rural inclusion base by 2020, as per the report. An industrial body predicts that the non-life insurance sector is poised to become a Rs 90,000 crore (US$ 17. 37 billion) industry (from the current level of Rs 47,000 crore (US$ 9. 07 billion) by 2015; growing by over 18 per cent. Demand-driven economy, increasing consumer base in motoring and healthcare , growth of services and small and medium enterprises (SMEs) are certain factors that are attributed behind the strong forecast 2. Types of InstrumentsOverview There are many ways to invest your money. Of course, to decide which investment vehicles are suitable for you, you need to know their characteristics and why they may be suitable for a particular investing objective. †¢Ã‚  Debt  Market †¢ Public Provident Fund †¢Ã‚  Fixed  Deposits †¢ Bonds †¢Ã‚  Mutual  Funds †¢Ã‚  Banks  Deposits †¢Ã‚  Equity  Market †¢Ã‚  Initial  Public Offer (IPO) †¢ Insurance †¢ Forex †¢ Cash †¢ Gold †¢Ã‚  Real  Estate 2. 1 DEBT INSTRUMENTS Debt instruments protect your capital, therefore the importance of a solid debt portfolio. This not only gives stability, but also offers  you optimal returns, liquidity and tax benefits.Debt  products, besides safeguarding your capital, can be used to meet short, medium and long-term financial needs. * SHORT TERM INVESTMENT They are good for short term goals, you can look at liquid funds, floating rate funds and short-term bank deposits as options for this category of investments. Liquid funds have retuned around 5% post-tax returns as compared to 5. 6% post-tax that your one-year 8% bank fixed deposit gives you. So, if you have funds for investment for over a period of one year, it is better to go in for bank deposits. However, liquid funds are better, if your time horizon is less than one-year, say around six months.This is because the bank deposit rates decrease proportionately with lower periods, while liquid funds will yield the same annualized returns for any period of time. Short-term floating rate funds can be considered at par to liquid funds for short term investments. * Fixed Maturity Plan (FMP): If you know exactly for how much time you need to invest your surplus, a smarter option is to invest in FMPs. They are shorter-tenured debt schemes that buy and hold securities till maturity, thereby eliminating the interest rate risk. Try and opt for FMPs that offer a double indexation benefit.Fund houses usually launch double-indexation FMP’s during the end of the financial year so that they cover two financial year closings. * Medium & Long-Term Options: These options typically offer low or virtually no liquidity. They are, however, largely useful as income accumulation tools because of the assured interest rates they offer. These instruments(small savings schemes) should find place in your long-term debt portfolio. Table 1 Schemes| Type| Interest rate| Term| Min max investment| Premature withdrawal| Tax benefit| Public provident fund| Recurring | 8%pa| 15 years| Min.Rs 500 Max. Rs 70000| yes| U/S 80c| National saving certificate| Growth| 8% compounded half yearly| 6 years| Min. Rs. 100Max. No upper limit | No | U/S 80c| Kisan vikas patra| Growth| Amount doubles in 8years & 7months| 8 years & 7 months| Min. Rs. 100Max. No uppe r limit| Yes | Nil | Post Office Time &Recurring Deposit| Fixed deposit| 6. 25-7. 50%| 1-5 years| Min. Rs. 200Max. No upper limit| Yes | Nil| Post Office Monthly Income Scheme| Regular income| 8% payable monthly| 6 years| Min:  Rs. 1,  000Max: Rs. 3Lac(Single)Rs. Lac(Jointly)| Yes| Nil| Senior Citizens Savings Scheme| Regular income| 9% payable quarterly| 5 years| Min. Rs 1000 Max. Rs 15 lack| Yes| Nil | 2. 3 BONDS Overview Bonds refer to debt instruments bearing interest on maturity. In simple terms, organizations may borrow funds by issuing debt securities named bonds, having a fixed maturity period (more than one year) and pay a specified rate of interest (coupon rate) on the principal amount to the holders. Bonds have a maturity period of more than one year which differentiates it from other debt securities like commercial papers, treasury bills and other money market instruments.It is a fixed income instrument issued for a period of more than one year with the purpose of  raising capital. The central or state government, corporations and similar institutions sell bonds . A bond is generally a promise to repay the principal along with a fixed rate of interest on a specified date, called the Maturity Date. The main attraction of bonds is their relative safety. If  you are buying bonds from a stable government, your investment is virtually guaranteed, or risk-free. The safety and stability, however, come at a cost.Because there is little risk, there is little potential return. As a result, the rate of return on bonds is generally lower than other securities. Terminology Used in Bond Market| Meaning in General Terms| Bonds| Loans (in the form of a security)| Issuer of Bonds| Borrower| Bond Holder| Lender| Principal Amount| Amount at which issuer pays interest and which is repaid on the maturity date| Issue Price| Price at which bonds are offered to investors| Maturity Date| Length of time (More than one year)|Coupon| Rate of interest paid by the issue r on the par/face value of the bond| Coupon Date| The date on which interest is paid to investors td-txt| * Tax Saving Bonds These are those bonds that have a special provision that allows the investor to save on tax. Examples of such bonds are: a) Infrastructure Bonds b) Capital Gains Bonds I. Rural Electrification Corporation (REC) Bonds. II. National Highway Authority of India (NHAI)c III. National Bank for Agriculture & Rural Development c) RBI Tax Relief Bonds Table 2 Scheme| Who can invest? Investment| Interest| Maturity| Premature withdrawal| Tax benefit| | | Min| Max| | | | | Infrastructural bonds| Individuals or on behalf of minors, trusts| 5000| No limit| 8% compounded semi annually| 6 years| After 4 years | Yes| Capital gain bonds| Individuals or on behalf of minors, trusts| | | | | | | REC| All | 1 lack| No limit| 5. 15% pa| 5 years| After 3 years| Yes| NHAI| All| 10000| No limit| 6. 5% pa| 7 years| After 3 years| Yes| NABARD| All| 1 lack| No limit| 5% pa| 5 years| After 3 years| Yes| RBI tax relief bonds| Individuals or on behalf of minors, trusts| 1000| No limit| 6. %(tax free)| 5 years| After 3 years| Interest exempt from IT| | | 1000| No limit| 8% (taxable)| 6 years| No| Interest is not exempt from IT| 2. 4 MUTUAL FUNDS Overview A mutual fund is a body corporate registered with SEBI that pools money from the Individuals/corporate investors and invests the same in a variety of different financial Instruments or securities such as Equity Shares, Government Securities, Bonds, Debentures, etc. The income earned through these investments and the capital appreciations realized are shared by its unit holders in proportion to the number of units owned by them.Thus a Mutual Fund is the most suitable investment for the common man as it offers an opportunity to invest in a diversified, professionally managed basket of securities at a relatively low cost. Mutual fund units are issued and redeemed by the Asset Management Company (AMC) based on the fund†™s net asset value (NAV), which is determined at the end of each trading session. Mutual funds are considered to be the best investments as on one hand it provides good Returns and on the other hand it gives us safety in comparison to other investments avenues.The advantages of investing in a Mutual Fund are: * Diversification: The best mutual funds design their portfolios so individual investments will react differently to the same economic conditions. For example, economic conditions like a rise in interest rates may cause certain securities in a diversified portfolio to decrease in value. Other securities in the portfolio will respond to the same economic conditions by increasing in value. When a portfolio is balanced in this way, the value of the overall portfolio should gradually increase over time, even if some securities lose value. Professional Management: Most mutual funds pay topflight professionals to manage their investments. These managers decide what securities the f und will buy and sell. * Regulatory oversight: Mutual funds are subject to many government regulations that protect investors from fraud. * Liquidity: It's easy to get your money out of a mutual fund. Write a check, make a call, and you've got the cash. * Convenience: You can usually buy mutual fund shares by mail, phone, or over the Internet. * Low cost: Mutual fund expenses are often no more than 1. 5 percent of your investment.Expenses for Index Funds are less than that, because index funds are not actively managed. Instead, they automatically buy stock in companies that are listed on a specific index * Transparency * Flexibility * Choice of schemes * Tax benefits * Well regulated The disadvantages of investing in a Mutual Fund are: * No Guarantees: No investment is risk free. If the entire stock market declines in value, the value of mutual fund shares will go down as well, no matter how balanced the portfolio. Investors encounter fewer risks when they invest in mutual funds tha n when they buy and sell stocks on their own.However, anyone who invests through a mutual fund runs the risk of losing money. * Fees and commissions: All funds charge administrative fees to cover their day-to-day expenses. Some funds also charge sales commissions or â€Å"loads† to compensate brokers, financial consultants, or financial planners. Even if you don't use a broker or other financial adviser, you will pay a sales commission if you buy shares in a Load Fund. * Taxes: During a typical year, most actively managed mutual funds sell anywhere from 20 to 70 percent of the securities in their portfolios.If your fund makes a profit on its sales, you will pay taxes on the income you receive, even if you reinvest the money you made. * Management risk: When you invest in a mutual fund, you depend on the fund's manager to make the right decisions regarding the fund's portfolio. If the manager does not perform as well as you had hoped, you might not make as much money on your i nvestment as you expected. Of course, if you invest in Index Funds, you forego management risk, because these funds do not employ managers. 2. 5 EQUITY Overview Equities are often regarded as the best performing asset class vis-a-vis its peers over longer timeframes.However equity-oriented investments are also capable of exposing investors to the highest degree of volatility and risk. There are a number of factors, which affect the performance of equities ad studying and understanding all of them on an ongoing basis, can be challenging for most. The rate of dividend on equity shares is not fixed and depends upon the profits available and the intention of the board. In case of winding up of the company, equity capital can be paid back only after every other claim including the claim of preference shareholders has been settled.The most outstanding feature of equity capital is that its holders control the affairs of the company and have an unlimited interest in the company's profits an d assets. They enjoy voting right on all matters relating to the business of the company. They may earn dividend at a higher rate. Stock markets have always been a draw for investors for their ability to generate wealth over the long-term. Fear, greed and a short-term investment approach act as hurdles that frustrate the investor from achieving his/her investment goals. You need to keep in mind the risk associated with the stocks.You also need to diversify your equity portfolio i. e. , include more stocks and sectors. This helps you diversify your investment risk, so even if something were to go wrong with a stock/industry in your portfolio, other stocks/industries should help you shore up your portfolio. Two important resources that are critical to investing directly in stock markets are quality stock research and a reliable and inexpensive stock broker. The first one – research on stocks is the most critical input that investors need to identify before they begin investing in tock  markets. This is because even while you may have the risk appetite for equities, you still need credible, stock market related research that can help you make the right investment decision. The good thing about the Indian market, riding on the back of an economy that has grown by over 7% in the last two years, is that you can’t miss being part of growth if you invest in the stock markets carefully. The bad part is the CHOICE! Of the listed 4,758 stocks on BSE and the NSE, how do you even get close to taking a call?Here comes the need of a financial advisor who can make your investment decisions and monitors your funds. Clearly, as Indians earn more, save more and accumulate more, financial advisors will play a crucial role in helping individuals create, protect and manage wealth. Advantages to Investors: I. More Income: Equity shareholders are the residual claimant of the profits after meeting all the fixed commitments. The company may add to the profits by trading on equity. Thus equity capital may get dividend at high in boom period. II. Right to Participate in the Control and Management:Equity shareholders have voting rights and elect competent persons as directors to control and manage the affairs of the company. III. Capital profits: The market value of equity shares fluctuates directly with the profits of the company and their real value based on the net worth of the assets of the company. an appreciation in the net worth of the company's assets will increase the market value of equity shares. It brings capital appreciation in their investments. IV. An Attraction of Persons having Limited Income: Equity shares are mostly of lower denomination and persons of limited recourses can purchase these shares.V. Other Advantages: It appeals most to the speculators. Their prices in security market are more fluctuating. Disadvantages to investors: I. Uncertain and Irregular Income: The dividend on equity shares is subject to availability of profit s and intention of the Board of Directors and hence the income is quite irregular and uncertain. They may get no dividend even three are sufficient profits. II. Capital loss During Depression Period: During recession or depression periods, the profits of the company come down and consequently the rate of dividend also comes down.Due to low rate of dividend and certain other factors the market value of equity shares goes down resulting in a capital loss to the investors. III. Loss on Liquidation: In case, the company goes into liquidation, equity shareholders are the worst suffers. They are paid in the last only if any surplus is available after every other claim including the claim of preference shareholders is settled. It is evident from the advantages and disadvantages of equity share capital discussed above that the issue of equity share capital is a must for a company, yet it should not solely depend on it.In order to make its capital structure flexible, it should raise funds fr om other sources also. 2. 6 INSURANCE Overview Life insurance has traditionally been looked upon pre-dominantly as an avenue that offers tax benefits while also doubling up as a saving instrument. The purpose of life insurance is to indemnify the nominees in case of an eventuality to the insured. In other words, life insurance is intended to secure the financial future of the nominees in the absence of the person insured. The purpose of buying a life insurance is to protect your dependants from any financial difficulties in your absence.It helps individuals in providing them with the twin benefits of  insuring themselves while at the same time acting as a compulsory savings instrument to take care of their future needs. Life insurance can aid your family on a rainy day, at a time when help from every quarter is welcome and of course, since some plans also double up as a savings instrument, they assist you in planning for such future needs like children’s marriage, purchase of various household items, gold purchases or as seed capital for starting a business.Traditionally, buying life insurance has always formed an integral part of an individual’s annual tax planning exercise. While it is important for individuals to have life cover, it is equally important that they buy insurance keeping both their long-term financial goals and their tax planning in mind. This note explains the role of life insurance in an individual’s tax planning exercise while also evaluating the various options available at one’s disposal. Life is full of dangers, but with insurance, you can at least ensure that you and your dependents don’t suffer.It’s easier to walk the tightrope if you know there is a safety net. You should try and take cover for all insurable risks. If you are aware of the major risks and buy the right products, you can cover quite a few bases. The major insurable risks are as follows: †¢Life †¢Health †¢Income †¢Professional Hazards †¢Assets †¢Outliving Wealth †¢Debt Repayment Advantages of Life Insurance Risk Cover Life today is full of uncertainties; in this scenario Life Insurance ensures that your loved ones continue to enjoy a good quality of life against any unforeseen event. Planning for life stage needsLife Insurance not only provides for financial support in the event of untimely death but also acts as a long term investment. You can meet your goals, be it your children's education, their marriage, building your dream home or planning a relaxed retired life, according to your life stage and risk appetite. Traditional life insurance policies i. e. traditional endowment plans, offer in-built guarantees and defined maturity benefits through variety of product options such as Money Back, Guaranteed Cash Values, Guaranteed Maturity Values. Protection against rising health expensesLife Insurers through riders or stand alone health insurance plans offer the benefits of protection against critical diseases and hospitalization expenses. This benefit has assumed critical importance given the increasing incidence of lifestyle diseases and escalating medical costs. Builds the habit of thrift Life Insurance is a long-term contract where as policyholder, you have to pay a fixed amount at a defined periodicity. This builds the habit of long-term savings. Regular savings over a long period ensures that a decent corpus is built to meet financial needs at various life stages.Safe and profitable long-term investment Life Insurance is a highly regulated sector. IRDA, the regulatory body, through various rules and regulations ensures that the safety of the policyholder's money is the primary responsibility of all stakeholders. Life Insurance being a long-term savings instrument, also ensures that the life insurers focus on returns over a long-term and do not take risky investment decisions for short term gains. Assured income through annuities Life Insurance is one of the best instruments for retirement planning.The money saved during the earning life span is utilized to provide a steady source of income during the retired phase of life. Protection plus savings over a long term Since traditional policies are viewed both by the distributors as well as the customers as a long term commitment; these policies help the policyholders meet the dual need of protection and long term wealth creation efficiently. Growth through dividends Traditional policies offer an opportunity to participate in the economic growth without taking the investment risk. The investment income is distributed among the policyholders through annual announcement of dividends/bonus.Facility of loans without affecting the policy benefits Policyholders have the option of taking loan against the policy. This helps you meet your unplanned life stage needs without adversely affecting the benefits of the policy they have bought. Tax Benefits Insurance plans provide attractive tax-benefits for both at the time of entry and exit under most of the plans. Mortgage Redemption Insurance acts as an effective tool to cover mortgages and loans taken by the policyholders so that, in case of any unforeseen event, the burden of repayment does not fall on the bereaved family.Disadvantages of Insurance as an Investment Option Inconsistent premiums: Most policies contain mandatory premiums that increase in due course. For an insured on a budget, who desires to buy coverage adequate to profit his relations upon his decease, this policy can be quite costly. The unstable inflation guarantees a steep climb. Deduction of funds: While policies include conditions in which shares from cash accounts can be used to disburse premiums, such a request practically always results in deducting funds from the cash value / investment account. Insufficient funds:There is a lack of assurance that ample finance will be accessible to cover unpaid premiums when the policyholder holds inadequ ate funds. Expiration of term insurance: This kind of insurance in not permanent; it is either for a fixed number of years or until a certain age. On completion of the term or when the insured reaches a certain age the policy expires compelling them to qualify for another insurance program, which may require higher premium depending on the age and other factors. Language of premium: It is usually difficult to resolve precisely how costly commissions truly are.The cost is commonly concealed within the fine print of the terms and conditions, and it is normally explained in language that is complex for someone who is unfamiliar to insurance policies. 2. 7 GOLD Overview In India, gold has traditionally played a multi-faceted role. Apart from being used for a dornment purpose, it has also served as an asset of the last resort and a hedge against inflation and currency depreciation. India has more than 13,000 tones of hoarded gold, which translates to around Rs. 6, 50,000 cores. Gold is a n asset class that’s associated with safety.However, the ups and down that the yellow metal has seen over the last few months, has made it look similar to other market investment assets. This is due to an unprecedented demand for gold as an investment avenue since the last couple of years. Gold has attracted a high level of attention in last couple of years, with an image shift from anon-volatile asset to a hot investment avenue. The future outlook for the metal looks positive given its proven linear relationship with the crude oil and non-linear with the US dollar.The much-awaited gold exchange-traded funds would provide a very good vehicle to the investors and a sensible alternative to the current forms available for investment. Advantages The value of gold tends to be stable from year to year and is considered not affected by inflation / zero inflation effect, and very rarely gold prices fell, and gold can also be used for collection and as jewelry. Investment in Gold is a lso good as a way of diversifying the property and remedy could be a good alternative, especially in unstable conditions, gold can be as a tool to hedge.Gold prices also tend to be stable due to the gold commodity in the world cannot grow. One other advantage is the price of gold is pegged in U. S. dollars, so when an increase in the value of U. S. dollar. You can get two immediate benefits of the increase in dollars and also increase the price of gold itself. But can the same condition, when the gold price was falling. But for the long term gold prices tend to stabilize and rise. Disadvantages Lack of investment in gold is the factor of storage / storage and treatment / handling. Storing gold in large quantities relatively risky and expensive.Also, if storage is not good, though wrapped in protective cover, allowing the oxidation and discoloration. Especially in the form of gold coins, if you fall, dented, or chipped, it’s hard for re-treatment and could reduce the price. In gold investments, you tend to be more careful and pay attention in terms of maintenance and storage. Another One drawback is its relatively stable returns and less exciting than stocks or property. Also, it is not advisable to invest in gold only in the short term (1 year or less). So, based on the strengths and weaknesses are, in my opinion tend to be more precise gold to hedge / hedging of the investment. . 8 REAL ESTATE Overview Real estate is a great investment option, as it gives you capital appreciation and rental income. It’s an investment option since it fights inflation. The fundamentals for investing in property markets remain strong in India – relatively low interest rates, strong capital flows, high employment growth, abundant liquidity, attractive demographics (young population and migration from West), increase in affordability, and a large supply of stock to keep up with demand and focus on quality. The price you pay for a property should reflect the fu ture rent/income at which you let it.As in the stock market, the prices in real estate are also driven by sentiments. All that is required to reverse a price movement is a change in sentiment. Start saving for a home the moment you begin your career. Early acquisition helps you to repay your home loan well within your working life. Also, the EMI as a percentage of your salary decreases as your pay increases making the outflows more affordable. If you lock into the interest rate for the loan, the interest outflow will be less than the compounding effect of  inflation. You should be very clear about why you want to invest in real estate.It is a very good tool for wealth creation but like all other assets, has its share of risks. Careful planning, however, can minimize the risks. Property has proved a relatively secure investment over the past quarter decade in, with returns above 8 per cent in some metropolitan markets, but what should you consider before directing your savings to a n investment property? Advantages of investment properties In general, property is considered a fairly low-risk investment, and can be less volatile than shares (although, this is not always the case).Some of the advantages of investing in property include: * Tax benefits A number of deductions can be claimed on your tax return, such as interest paid on the loan, repairs and maintenance, rates and taxes, insurance, agent's fees, travel to and from the property to facilitate repairs, and buildings depreciation. * Negative gearing Tax deductions can also be claimed as a result of  negative gearing, where the costs of keeping the investment property exceed the income gained from it. * Long-term investment Many people like the idea of an investment that can fund them in their retirement.Rental housing is one sector that rarely decreases in price, making it a good potential option for long-term investments. * Positive asset base There are many benefits from having an investment propert y when deciding to take out another loan or invest in something else. Showing your potential lender that you have the ability to maintain a loan without defaulting will be highly regarded. The property can also be useful as security when taking out another home, car or  personal loan. * Safety aspect Low-risk investments are always popular with untrained â€Å"mum and dad† investors.Property fits these criteria with returns in some country areas reaching 10% per year. Housing in metropolitan areas is constantly in demand with the high purchase price being offset by substantial rental income and a yearly return of between 4% and 8%. * High leverage possibilities Investment properties can be purchased at 80% LVR (loan to valuation ratio), or up to 90% LVR with  mortgage insurance. The LVR is calculated by taking the amount of the loan and dividing it by the value of the property, as determined by the lender.This high leverage capacity results in a higher return for the inve stor at a lower risk due to having less personal finances ties up in the property (80% of the purchase price was provided by the mortgagee). By choosing a property intelligently, investors can make this form of investment work for them. However, as with all investments there are some disadvantages to be aware of. Disadvantages of investment properties Some potential problems to consider: * Liquidity It's true; you can sell the property if things go bad. However this can take many months unless you're willing to accept a price less than the property is worth.Unlike the stock market, you will have to wait for any financial rewards. * Vacancies There will be times when mortgage payments will need to be covered out of your own pocket due to your property being untenanted. This could just be a result of a gap between tenants or because of maintenance issues. * Bad tenants It's every investment property owner's worst nightmare: problem tenants. They can significantly damage your property, refuse to pay rent and refuse to leave. Disputes can sometimes take months to resolve. * Rising interest ratesIf your  investment loan  has a variable interest rate, there is always the risk of economic conditions causing interest rates to rise. If not properly budgeted for, rising interest rates could cause an investor financial stress where concerns of liquidity and quickly selling the property become a reality. When interested rates are on the up, liquidity in property markets starts to dry up. * Property oversupply In recent years, inner-city builders have created a glut of high-rise apartment blocks, resulting in fierce competition and many units being increasingly difficult to rent out. * Ongoing costsIn addition to the standard costs associated with a property, ongoing maintenance costs, especially with an older building, can be substantial. * Putting all your eggs in one basket If you have all your money tied up in property, overexposure to one particular type of invest ment can be a dangerous thing. If the property market crashes you can stand to lose significantly. * Capital Gains Tax Imposed by the Federal Government on the appreciation of investments and payable on disposal. * Other costs Negative gearing may offer tax deductions each financial year, however ongoing payments to cover the shortfall need to be budgeted for every month.Also, costs involved in purchasing and disposing of the property can be substantial. 2. 9 FOREX Overview If you read about investing, you've seen the word Forex trading. But because Forex doesn't get much publicity in the major publications and websites, many investors don't know that Forex is  just short for â€Å"foreign exchange†. So trading the Forex market is simply trading foreign currencies. As recently as ten years ago, currency trading had high barriers to entry, so only large bank in gland institutional firms had access to the tools and systems required to play in the Forex trading game.Recently, however, technology has developed to the point that any individual investor can hop right in and trade with one of the many online platforms. When buying and selling in the Forex currency trading system market, you'll see that there are four â€Å"currency pairs† that dominate the percentage of trades. Those four are the Euro vs U. S. Dollar, US Dollar vs Japanese Yen, US Dollar vs Swiss Franc, and US Dollar vs British Pound. The goal when investing in currency is to be holding a currency that appreciates in value in relation to the other currencies.To use an overly simplistic example, if you bought 50 British Pounds for 100 US Dollars, held the Pounds for 1 week, and in that period the value of Pounds increased in relation to US Dollars, you could then convert those Pounds back into dollars for, say, $120. Unlike the domestic stock markets, the Forex currency trading is open for trades 24 hours a day. Much like the phrase â€Å"it's always noon somewhere,† it's always business hours at some region of  the globe. Since every country trades on the FX market, and its open all day, the daily volume is roughly $1. trillion, which dwarfs that of the NYSE. Another comparison to make in order to truly realize the magnitude of the Forex market is with the currency futures market (which has around 1% of the daily volume). 2. 10 FIXED DEPOSITS The same as a term or time deposit. Money may be placed with a bank, merchant bank, building society or credit union for a fixed term at a fixed rate of interest which remains unchanged during the period of the deposit. Depositors may have to accept an interest penalty if they break the deposit, i e, ask to take the money out before the agreed period has expired.Few points which FD investors must consider at the time of investment: I. Safety: FDs have conventionally been the premier choice for investors with a low risk appetite; assured returns is the key factor which attracts investors towards deposits. Stick to F Ds of the highest credit rating i. e. those with a â€Å"AAA† rating even if their rates seem modest vis-a-vis those offered by company deposits. II. Tenure: Short tenured fixed deposits continue to be your best bet. With interest rates on the ascent, a further hike in rates offered by fixed deposits cannot be ruled out.Locking your investments in longer tenured instruments may lead to an opportunity loss. III. Liquidity: Find out how FD fares on the pre-mature encashment front i. e. how easily can your investment be liquidated. Also enquire about the penalty clauses, e. g. do you suffer a loss of interest and/or principal amount. Compare how various FDs rank on this parameter and pick the best deal; thereby try to minimize the impact of illiquidity which  is typically associated with FDs. IV. Additional benefit: Fixed deposits from reputed entities offer additional benefits, e. g. hey can be used as collateral against which loans can be raised. Select a fixed deposit schem e which scores favorably on such parameters. Any investment portfolio should comprise the right mix of safe, moderate and risky investments. While mutual funds and stocks are the favorite contenders for moderate and risky investments, fixed deposits, government bonds etc. are considered safe investments. Fixed deposits have been particularly popular among a large section of investors in India as a safe investment option for a long period. 3. RESEARCH METHODOLOGY 4. 1 Scope of ResearchThe present financial market is flooded with a lot investment instruments, viz. , Shares, Bonds, Mutual funds, Insurance plans, Fixed Deposits, other money and capital market instruments and also various options of investment in Real Estate and Commodity Market etc. Sometimes people refer to these options as â€Å"investment vehicles,† which is just another way of saying â€Å"a way to invest. † Each of these vehicles has its own positives and negatives and ultimate decision of investment is influenced by the individual investor’s perception regarding the risk and return of concerned investment opportunity available in the market.Further, the investment decisions is full of complexity because of volatility of market conditions, Inflation rate fluctuations, impact of Global environment, Cash reserve ratio, and Repo rates. Therefore, it is imperative to analyze these factors while taking an investment decision. Keeping above in mind, the study has been done to see the perception of investors which provides understanding to readers about the various factors which should be keep in mind at the time of investment.The study is useful to company in providing the understanding about the investors’ perception to devise the suitable product/marketing strategies, which would helps it in making  their policies or  strategies in order  to attract them. Further. Financial planner get  advent to  make portfolio  according to  response given by  respond ents, which belong to different occupations, having different income level, different age level or which instrument is mostly like by the investors for investment. The study would further helpful for readers in understanding about the various investment opportunities available in the market. . 2 Management Question Now a day there is immense competition available in the market for getting customers, and finance service providers are not except from this competition. The present financial environment provides ample opportunities of investment to the investors. The decision to invest in right instrument is too complex which can meet their expectations perfectly. In the present scenario, customers are aware about the most of the financial instruments available in the market, and also know the advantage and pitfall of every investment options.Different types of customer consider various parameters while investing. So it becomes crucial for the company to know the preference of every cus tomer. Some customer invests for the tax saving, where as other invests to gain capital appraisal benefit. So management of a company should consider the perception of customer regarding available investment option. The process of Customization becomes the difficult in convincing the customers. So this study helps the management to understand the awareness, preference, perception and adaptability towards different financial instruments. . 3 Objective of study Primary Objective: * To know the perception as well as preference of customers towards different financial instruments. Secondary Objective: * To know the advantage and disadvantage of different financial instruments * To know the various factors affecting investment options * To know the purpose of investment The money you earn is partly spent and the rest is saved for meeting future expenses. Instead of keeping the savings idle you may like to use savings in order to get return on it in the future. This is called Investment.I nvestment is ‘the act of committing money or  capital to an endeavor with the expectation of obtaining an additional income or profit. ’ There are ample Financial Instruments available in the market for investment; each instrument has its own features. To invest money in financial instruments is not so easy. It needs depth study where to invest so that their investment could be safe along with the growth of money. In present scenario everyone wants to invest his money but having their own different objectives. It may be growth of capital, tax minimization, retirement planning, to balance out inflation rate, safety etc.The investors always mess with these objectives which creates confusion of where to invest, which tendency they have to prefer at the time of investment, which factors which influence their investment decisions, how to plan their investment portfolio and to whom to prefer for taking that all decisions. So that study is based on investor’s percepti on regarding their investment. It includes what they think at the time of investment, what are the various factors they keep in mind at investment or affects their decisions regarding investment.The investment decision is very typical to take, as it needs proper planning. So the concept of financial planning has to be taken in this study. 4. 4 Research Design Descriptive Research: * Involves gathering data that describe events and then organizes, tabulates, depicts, and describes the data. * Uses description as a tool to organize data into patterns that emerge during analysis. * Often uses visual aids such as graphs and charts to aid the reader Descript