Money Saving Tips

Sunday, June 13, 2010

Value of the Dollar Over Time, and Stocks


From 1900, $100 turns into these in 2009:
$2,640.00 using the Consumer Price Index
$2,260.00 using the GDP deflator
$12,200.00 using the unskilled wage
$19,100.00 using the Production Worker Compensation
$17,200.00 using the nominal GDP per capita
$69,300.00 using the relative share of GDP. This means the value of the dollar has gone way down. In all the stories from grandparents, they say a gallon of milk cost a dime (close to anyway). Their parents would give them a quarter a month for allowance (again, not exact). Also: $1.00 in 1914 had the same buying power as $21.59 in 2010.
Annual inflation over this period was 3.25%.

Dow: +38.54, 10,211.07, +0.38%
Nasdaq: +24.89, 2,243.60, +1.12%
S&P 500: +4.76, 1,091.60, +0.44%

Ben Bernanke Warns U.S. of 'Unsustainable' Debt Level, and Stocks


"Our nation's fiscal position has deteriorated appreciably since the onset of the financial crisis and the recession," Bernanke told the House Budget Committee. Ben Bernanke says our economy is at an unsustainable debt level. The U.S. economy's major trouble spots -- the housing market and the 9.7 percent unemployment rate -- are showing their staying power.

Dow: +38.54, 10,211.07, +0.38%
Nasdaq: +24.89, 2,243.60, +1.12%
S&P 500: +4.76, 1,091.60, +0.44%

Cost to Make Coins, and Stocks


The cost to make 1 quarter, dime, nickel, and penny is 7.33 cents, 3.14 cents,
4.56 cents, and .93 cents, respectively. Obviously, the cost to make a penny and a nickel is close to the value of each, but thankfully still below. The cost to make a dime and a quarter is far from the value of each. The cost to make a dime is lower than the cost to make a nickel, which doesn't make much cents (play on words).

Dow: +38.54, 10,211.07, +0.38%
Nasdaq: +24.89, 2,243.60, +1.12%
S&P 500: +4.76, 1,091.60, +0.44%

Saturday, June 12, 2010


Today's Dow consists of 30 stocks traded on not only the New York Stock Exchange but also the Nasdaq. The stocks represent the technology, pharmaceuticals, food and beverages, oil, utilities, chemical, commodities and retail sectors. When there's talk about the markets being up or down, it's referring to the Dow. The Dow 30 components and their rise and fall have an immediate and often dramatic impact on the markets.

Dow: +38.54, 10,211.07, +0.38%
Nasdaq: +24.89, 2,243.60, +1.12%
S&P 500: +4.76, 1,091.60, +0.44%

Wednesday, June 9, 2010

Price To Make a One Dollar Bill, and Stocks


A one dollar bill costs about 6 or 7 cents to make. In comparison, a one dollar coin costs about 30.4 cents to make. However, it lasts anywhere from 15-25 times as long. The dollar bill lasts anywhere from 12-18 months with constant use. Therefore, a one dollar coin lasts anywhere from 180-450 months. I calculated that last bit, so don't shoot me if I'm wrong. Economically, the dollar coin seems better unless money needs to be made in surplus. Then, after a time, the older dollar bills should be taken from big companies and the materials disassembled and made into new ones while newer bills are given back to the companies.

Dow: -40.73, 9,899.25, -0.41%
Nasdaq: -11.72, 2,158.85, -0.54%
S&P 500: -6.31, 1,055.69, -0.59%

Andrew Jackson, and Stocks


Andrew Jackson was one of our previous presidents many decades ago. When he was president, the debt was only about $100,000. Nowadays, the debt is around $10 trillion. We need another like Andrew Jackson, or the person before him, to come around and help us out in these times.

Dow: -40.73, 9,899.25, -0.41%
Nasdaq: -11.72, 2,158.85, -0.54%
S&P 500: -6.35, 1,055.65, -0.60%

Economy, and Stocks


$21,768,921,666.66 is an estimated calculation of how much worse the economy does per day. This could be way off, so don't quote me on this. If the economy keeps sinking somewhere around this much per day, then the world will be in a crisis. The United States is a major country, and if the economy here fails, the world will most likely fall with it.

Dow: 9,982.08 +42.10 +0.42%
Nasdaq: 2,180.27 +9.70 +0.45%
S&P 500: 1,066.48 +4.48 +0.42%

Tuesday, June 8, 2010

Inventions/Fashion Statements, and Stocks


When there are new inventions or fashion trends, the economy is effected. People not only buy the products, but advertise them with their buying of them. The companies get famous celebrities, which are expensive, to be in their advertisements, which costs money alone. It also takes a lot to research this kind of thing.

Dow: 9,939.98 +123.49 +1.26%
Nasdaq: 2,170.57 -3.33 -0.15%
S&P 500: 1,062.00 +11.53 +1.10

Wednesday, June 2, 2010

Reason Stocks Change, and Stocks


The price of stocks change because of market forces, or supply and demand. When more people wish to buy a stock, the cost goes up because the demand is higher and the supply is lower proportionally. This can be flipped around. When more people want to sell a stock the demand is lower proportionally and the cost goes down because less people want it.

Dow: 10,249.54, +225.5210, +2.25%
Nasdaq: 2,281.07, +58.742, +2.64%
S&P 500: 1,098.38, +27.671, +2.58%