Education & Reference Things everybody knows except you

[Wise Guy Sam]

The stock market, taxes, hell anything related to finance or business. I need to marry an accountant (bound to be cheaper than hiring one).

Seems that you also don't realise how expensive a wife is.

 

[r dub 19]

Accounting.

 

[Hard Ball Get]

Not much to get in Deal or no Deal. If you can handle watching O'Keefe for 35 seconds you would pick it up.

 

[coke_zero]

I get economics and business but I still have nfi what inflation is. I get all the hard concepts but god inflation confuses me.

Give it a quick google then. 100% success rate.

 

[Wahooti Fandango]

The stock market, taxes, hell anything related to finance or business. I need to marry an accountant (bound to be cheaper than hiring one).

Same here.

 

[WeetBixKid]

Stock Market. I know (think) the 3 letter abbreviations are groups of businesses in a similar industry/area ... I have a vague idea of why something will go up & down, but that's about it. No idea where the number of a stock quote comes from/how it's measured, like if something is 40.84 or whatever.

Cars- Useless. I guess I can change a tyre/sparkplugs/oil, but when it seems 4/5 of your mates can easily install a CD player or a new exhaust system without blinking I have comparitively no idea.

Still don't know what actuarial studies are. There's always someone studying it. I've looked it up a few times but keep forgetting, so I've pretty much given up.

 

[Truckosaurus]

Seems that you also don't realise how expensive a wife is.

Good thing I'd be getting a husband then

 

[vonn]

What's to get? It's just the rate at which the price of goods increases over time.

Give it a quick google then. 100% success rate.

I have googled it so many times! I just write inflation in my essays without knowing what it means, I have no idea what's so hard about it, it just confuses me so much.

 

[Hard Ball Get]

I have googled it so many times! I just write inflation in my essays without knowing what it means, I have no idea what's so hard about it, it just confuses me so much.

They constantly print money.
As there is more money in the economy, the price of goods needs to rise to match this.

At least that's how I understand it. Seems simple enough.

 

[Copulator]

whats a battle?

 

[coke_zero]

I have googled it so many times! I just write inflation in my essays without knowing what it means, I have no idea what's so hard about it, it just confuses me so much.

if you have googled it and not find the answer it is not a 100% success rate, Someone is gonna get a spray from me.

whats a battle?

Well you know how a icecube is half melted in its on water. Yeah well anyway its the water not the ice cube.

 

[vonn]

I dunno. I have before and It just confuses me. I have no idea why. Really need to get it soon though.

 

[aaronm46]

whats a battle?

whats that rattle

 

[Benno_900]

I don't know how to blow up a balloon.

 

[mds00]

I don't know how to blow up a balloon.

I know how to blow up a balloon but I don't know how to tie them off. I always end up popping them or letting go and they fly off across the room or I tie my finger to them and lose circulation.

I also know nothing about cars or how to talk to women.

 

[Team Mo']

I don't know which numbers are odd or even. Everything else involved with Maths is easy (enough).

I don't get how stocks increase or decrease. Probably something to do with scarcity? Maybe. I thought it was to do with how well a business is going or predicted to go and therefore more people will buy it and increase the "value." Does the business get anything from having shares? Why are companies who don't return a large profit more expensive then say a bank's shares?

 

[Hard Ball Get]

I don't know which numbers are odd or even. Everything else involved with Maths is easy (enough).

 

[Team Mo']

I swear I don't have aspergers...

 

[Hard Ball Get]

I swear I don't have aspergers...

That really is amazing.
It's kind of like left and right. You just know.

You also could just rote learn 0,2,4,6,8 = even.

 

[DB10]

I remember at school the teacher saying "we say odd then even so odd numbers always comes first" or something like that. worked I guess.

 

[Simon_Nesbit]

If a number is divisible by 2 (and the result is a whole number) then it is an even number.

If a number when divided by 2 results in a remainder (or decimal or fraction) - it's an odd number.

 

[r dub 19]

I don't know which numbers are odd or even. Everything else involved with Maths is easy (enough).

I don't get how stocks increase or decrease. Probably something to do with scarcity? Maybe. I thought it was to do with how well a business is going or predicted to go and therefore more people will buy it and increase the "value." Does the business get anything from having shares? Why are companies who don't return a large profit more expensive then say a bank's shares?

An important thing to remember with shares is the number of shares on issue. For example if a company has 1 billion shares on issue and makes 1 billion profit they will not be worth as much as company with 500 million shares that makes 1 billion profit. Market capatalization (Shares on issue times price) is the important thing to look at when determining the size of a company not the share price.

 

[magic_johnson!]

This could be wrong, but;

When you buy a share, you give the company your money. When the company loses money, the share prices decrease, meaning they have less money to give each share holder. People consiquently sell out before their debt rises even more, and the company has even less money because there are less share holders.

 

[vonn]

Dividends (profit from shares) are earned when a company's profit goes up, when you buy a share you are buying a % of that business and putting faith into it. The company then uses the money you invested as an equity fund and the shareholder is under the impression the company will be able to create more finance with it, ultimately profit for the shareholder.
If the company has a loss, the shareholders will also suffer a loss, because it's their money.

 

[r dub 19]

This could be wrong, but;

When you buy a share, you give the company your money. When the company loses money, the share prices decrease, meaning they have less money to give each share holder. People consiquently sell out before their debt rises even more, and the company has even less money because there are less share holders.

Companies do not usually hold their own shares, directors may but the company as an entity itself does not (unless share buy backs occur). People selling shares does not mean the company has less money, share prices do not affect debt or cash. What I mean by this is if a company has $100 mil in cash and their share price goes down 5% they will still have $100 mil in cash. Shares are basically a measurement of a companies worth at a point in time (not always accurate).