Topic 10: How to Boost My "GDP"

I have met a lot of people that came from different places. Some of them are genius, they can understand the concept in the book real quick and then use it well; some of them are not so smart like genius because they have to read the book several times or find a lot of examples of the concept to understand the concept; this doesn't include using the concept in the real world. Going to school is the job of students, and this is the way to increase self-productivity. The main factors that contribute to economic productivity include the quality of labor, technological innovation, energy cost,  and financial market. Although there are four factors that can contribute to the productivity, there are one of them I think is the most important, related to human  and how people could increase their productivity. The first one is quality of labor. Every single person got different level of education. Different level of education can make a lot of people have different productivity. People that got higher education could contribute to the society their knowledge so that this world could be better. That is why parents always think that their kids should always get education and get in to the best school in the world and then their kid could be some one that is great in this world.

Topic 9: Financial Markets

There are so many different kinds of financial assets that we can choose to make profit. Each of them has different risk and return. Personally, I like mutual funds. When investing to mutual funds, there are many people invest the same company as you are. It's not like stocks because when you invest stocks you invest yourself and you will lose all your money when the companies you invest grow downward.  But when investing mutual funds, it's like 10 people invest that company's stock. When the company's stock grows downward, then the loss of the money will be separate to each people. Then it won't be a huge loss for you personally. For me, when I invest something, I will always consider about the safety because if I loss all my money, then I will be broke, and then I won't be able to buy anything. That will be terrible. Not only safety, but mutual funds also have pretty good benefit when the company has pretty nice growth. Although the return isn't as high as stocks, its average benefit won't be too low. So if I have money and I got the chance to invest, I will choose mutual fund. 

Topic 8: Money

Money, the thing everyone wants to earn a lot so that other people can call them rich people. For me, money is like the paper or coin that can exchange the thing I want, and I think money is a really important tool for me in my life because I need to use my money to buy what I need or what I want. There are several ways that I can get money. During Chinese New Year, the members in my family will give me red envelope, but technically I didn't get any money form them because every single red envelope I got will be taken away from my mom. The only red envelope that I can get is the one from my mom. I think money is the most important thing in everyone's life because without money,  you can not buy the thing you need or you want. That's why poor people's living environment isn't really good because they can not afford it. If I don't have money, then I won't be able to buy a lot of thing such as novels, food (breakfast, dinner), movie tickets. If I can not buy anything, then I only can stay at home and go nowhere except school.