Sunday, January 24, 2010
Obama Will Make Scholarships Available to Single Mothers
Single working mothers have probably the hardest job of all, having to take care of their families all by themselves. For many moms, a wish or a goal that has to be put on hold in order to take care of other responsibilities, is higher education. With his new administration, however, President Obama is encouraging moms to make their education a priority. Obama scholarships will offer working mothers a great chance to improve their futures. Obama is urging working moms in particular to participate in his Scholarships for Moms program, whilst still encouraging people of all ages to seek higher education. Building on The Scholarships for Moms program, is the long-standing offer of Pell grants by the federal government. Applied for through the Free Application for Federal Student Aid, or FAFSA, Pell grants are the most commonly applied for forms of aid for students going to college. The Obama administration is now making some changes to encourage more mothers to return to school. The biggest incentive for the Scholarships for Moms program is the amount of money that is being offered. The maximum amount awarded through Pell grants is about $4,000 per student, but for mothers who apply to the program, that amount is increased to $5,000. The purpose of these grants is to allow working moms to return to school and earn a degree. In turn, that will allow them to better provide for their families now as well as in the future. The administration also envisages that in equipping mothers with skills to earn more money as working professionals will also stimulate the economy. Moms can receive an education without worrying about the costs of school or having to pay back money for a loan. An additional great incentive for moms considering this program is that it applies to enrollment in nearly all types of higher education institution. Four-year universities are covered as well as smaller community colleges. You can choose either to go to a private school or a public one. One option for busy moms who can't stay on campus is to study through online courses. A comprehensive attempt to get eager mothers back into the classroom is the government's Scholarships for Moms program. The Obama scholarship attempts to take a lot of the worry out of returning to school. In almost any area of interest working moms can earn a degree, thus they can be fully equipped to provide for their families. An unfulfilled wish or an unobtainable goal no longer has to be higher education. Designed to help create a brighter future for mothers and their children, is the Scholarships for Moms program.
Global Piracy Incidents
Global piracy on international shipping waters is a problem that has been occurring far more frequently in recent years. If we go back ten years ago to the turn of the millennium, piracy was thought to be consigned mostly to the history books and was almost never heard of. A mention of the word piracy would have conjured visions of swashbuckling brigands and hoards of gold hidden somewhere in the Caribbean; the word was reduced to an historical anachronism and veiled in romanticised visions. With the dramatic increase in piracy incidents that has occurred in the later part of the first decade of the 21st century this view is rapidly changing and the reality is rather different to the myth. Today's seafarers must be aware of the dangers now present in certain areas of the world and good sources of information in this regard are professionally produced global piracy maps.
The first known piracy incidents occurred as early as 1300BC in the Mediterranean Sea. The Vikings operated in Europe up until the end of the 1st century AD and in North Africa the Barbary pirates operated from the 12th to the 19th century AD. The 'classical' piracy of the Caribbean, as it is sometimes known, was carried out from the 16th to the 18th century AD.
Today certain areas have been the main focus of increased piracy incidents, namely the Indian Ocean near the Somali coast and the Strait of Malacca near Singapore. Increasingly armed with automatic firearms and even rocket propelled grenades, a modern-day pirates' main intention is usually the taking of hostages for ransom or the theft of the ship's safe and the crew's belongings. Shipping losses to piracy are estimated to be in the region of 15 billion US dollars annually. Modern pirates have tended to favour smaller vessels but in the past couple of years have started to target larger vessels such as the super tanker MV Sirius Star in the Indian Ocean in 2008. Also in 2008, in the same area, the MV Faina was captured and a ransom of 20 million US dollars for the release of the 20 crew and vessel was demanded. In 2009 the 17,000 tonne cargo ship MV Maersk Alabama was hijacked off the Somalia coast and the Captain of the ship was subsequently rescued successfully by the US Navy. The European Union currently has a naval operation in the Indian Ocean in force called NAVFOR Somalia to attempt to deter piracy and protect vulnerable shipping in the area.
Port data authorities can provide professional grade maps that show global piracy incidents for the previous 5 years with their location and frequency as an aid to the safer navigation of international waters.
The first known piracy incidents occurred as early as 1300BC in the Mediterranean Sea. The Vikings operated in Europe up until the end of the 1st century AD and in North Africa the Barbary pirates operated from the 12th to the 19th century AD. The 'classical' piracy of the Caribbean, as it is sometimes known, was carried out from the 16th to the 18th century AD.
Today certain areas have been the main focus of increased piracy incidents, namely the Indian Ocean near the Somali coast and the Strait of Malacca near Singapore. Increasingly armed with automatic firearms and even rocket propelled grenades, a modern-day pirates' main intention is usually the taking of hostages for ransom or the theft of the ship's safe and the crew's belongings. Shipping losses to piracy are estimated to be in the region of 15 billion US dollars annually. Modern pirates have tended to favour smaller vessels but in the past couple of years have started to target larger vessels such as the super tanker MV Sirius Star in the Indian Ocean in 2008. Also in 2008, in the same area, the MV Faina was captured and a ransom of 20 million US dollars for the release of the 20 crew and vessel was demanded. In 2009 the 17,000 tonne cargo ship MV Maersk Alabama was hijacked off the Somalia coast and the Captain of the ship was subsequently rescued successfully by the US Navy. The European Union currently has a naval operation in the Indian Ocean in force called NAVFOR Somalia to attempt to deter piracy and protect vulnerable shipping in the area.
Port data authorities can provide professional grade maps that show global piracy incidents for the previous 5 years with their location and frequency as an aid to the safer navigation of international waters.
How Fund Training Will Help Your Career
Copyright (c) 2010 Cory Bowman
Mutual funds are the most popular packaged asset in the history of the financial services industry. Virtually every brokerage firm, financial planner and advisor deals with this product, yet few know how to analyze a fund or its place in a portfolio. Fund training means more than knowing the best performing funds over a certain period of time. How many advisors use the term ?regression to the mean? when describing the future of a hot-performing fund?
Financial Renaissance The market meltdown has caused brokers to go into hiding. What they should be doing is preparing themselves for the future by demonstrating knowledge and expertise. If you think you are a fund specialist or do not need fund training, see if you can answer the following questions:
[1] When is beta not a valid measurement? [2] What is the shortcoming of MPT? [3] What does ?first-auto correlation? refer to? [4] How does R-squared impact fund selection?
Answers: [1] When R-squared is < 75 or the measurement is used with sector or foreign funds; [2] past returns and standard deviation are not particularly useful when predicting the future (yet they are two of the three components of modern portfolio theory); [3] the relationship between returns of an investment
from one period to the next (the number is incredibly low for stocks and long-term government bonds?thus, there is no relationship between past returns and present or future returns) and [4] a very high R-squared (90-100) indicates the fund closely tracks its underlying index and there is little, if any, benefit to using active management.
Connect With The Best The Certified Fund Specialist (CFS) designation provides objective information on fund selection and portfolio construction. The intermediate-to-advanced certification program takes anywhere from 90-140 hours to complete (depending on advisor?s background).
Tools You Can Use A fund certificate may look impressive on the wall, but it is fund training that will have a dramatic impact on your income. A fund specialist is able to answer client questions and show the weakness of your competitors. When a client asks, ?Why aren?t I in the XYZ Opportunity Fund that was up 110% last year,? the fund specialist has several responses to choose from (e.g., regression to the mean, first-auto correlation, standard deviation, etc.). An alternative approach is to ask the client a question: [1] What kind of risk did XYZ take to get these returns and would you be willing to have this kind of exposure? [2] How did this fund perform two (or three) years ago? [3] How would one have selected this fund before its huge gains? [4] Was this fund being recommended by anyone before it had these kinds of returns? [5] At what point should a fund be considered or passed on?when it is up 25%, 50%, 100%, 150% or 200%?
Be Calm Investors are attracted to money managers with a proven approach that instills confidence and common sense (think value investing and Warren Buffet). The fund specialist has gone through the proper fund training that is time tested; an approach that is consistent and coincides with advice given by the truly great advisors. Ramp up your practice by working with those that can mentor you.
Mutual funds are the most popular packaged asset in the history of the financial services industry. Virtually every brokerage firm, financial planner and advisor deals with this product, yet few know how to analyze a fund or its place in a portfolio. Fund training means more than knowing the best performing funds over a certain period of time. How many advisors use the term ?regression to the mean? when describing the future of a hot-performing fund?
Financial Renaissance The market meltdown has caused brokers to go into hiding. What they should be doing is preparing themselves for the future by demonstrating knowledge and expertise. If you think you are a fund specialist or do not need fund training, see if you can answer the following questions:
[1] When is beta not a valid measurement? [2] What is the shortcoming of MPT? [3] What does ?first-auto correlation? refer to? [4] How does R-squared impact fund selection?
Answers: [1] When R-squared is < 75 or the measurement is used with sector or foreign funds; [2] past returns and standard deviation are not particularly useful when predicting the future (yet they are two of the three components of modern portfolio theory); [3] the relationship between returns of an investment
from one period to the next (the number is incredibly low for stocks and long-term government bonds?thus, there is no relationship between past returns and present or future returns) and [4] a very high R-squared (90-100) indicates the fund closely tracks its underlying index and there is little, if any, benefit to using active management.
Connect With The Best The Certified Fund Specialist (CFS) designation provides objective information on fund selection and portfolio construction. The intermediate-to-advanced certification program takes anywhere from 90-140 hours to complete (depending on advisor?s background).
Tools You Can Use A fund certificate may look impressive on the wall, but it is fund training that will have a dramatic impact on your income. A fund specialist is able to answer client questions and show the weakness of your competitors. When a client asks, ?Why aren?t I in the XYZ Opportunity Fund that was up 110% last year,? the fund specialist has several responses to choose from (e.g., regression to the mean, first-auto correlation, standard deviation, etc.). An alternative approach is to ask the client a question: [1] What kind of risk did XYZ take to get these returns and would you be willing to have this kind of exposure? [2] How did this fund perform two (or three) years ago? [3] How would one have selected this fund before its huge gains? [4] Was this fund being recommended by anyone before it had these kinds of returns? [5] At what point should a fund be considered or passed on?when it is up 25%, 50%, 100%, 150% or 200%?
Be Calm Investors are attracted to money managers with a proven approach that instills confidence and common sense (think value investing and Warren Buffet). The fund specialist has gone through the proper fund training that is time tested; an approach that is consistent and coincides with advice given by the truly great advisors. Ramp up your practice by working with those that can mentor you.
Future returns provided by scholarships through the Obama grant
For many single moms the mentioning of the Obama grant may not be fully understood however it is being given emphasis by the government under the popular Obama administration in support of working mother's returning to college. Many would like to think that such federal programs which aid mothers in being able to attend college is a fresh and innovative idea, in reality it is simply a reworking of existing government benefits. For moms who wish to return to College the Pell grants creates a huge plus point and is certainly causing many to take note. Federal Pell grants are the most common type of government financial aid
awarded for college, and they have been around for many years. The Pell grant plays a huge advantage to any student awarded such aid as it does not require repayment at the end typical of a normal loan. You may wonder who can be awarded the Pell grant? In general such aid is normally given to students who do not already have a professional degree or bachelors but seek an undergraduate degree. With such advantages it's no wonder that the Scholarship for moms program is being paid so much attention by single, working mothers. Although there is no specific program by that name, President Obama and his administration encourage moms to attend college using the money available to them through Pell grants. If you're concerned that you won't be able to support yourself on the Pell grant a monetary gift you will be pleased to know that it does not restrict you in seeking other sources of financial aid. If you require further assistance in covering educational costs application can be made through both the federal programs and non-federal private organizations. The 1st of July 2009 begins the start of the award year which will come to an end on the 30th June 2010 with the maximum being paid out through the Pell grant of $5,350.00. Other sources will be needed to supplement college cost which may not be covered by the federal Pell grant aid. Furthermore, if you are awarded money, its use is not limited to paying for tuition. Other expenses which are acceptable in connection to your education are such things as books, laptops, travel and housing. Scholarships for Moms has become popu lar because the Obama administration's focus on education has highlighted the benefits of the Pell grant program. To become a student and earn a degree as a single, working mother such a federal program fills all the specifics. Many people are now realizing that college doesn't have to be put aside because of family concerns or financial need. Obama grants through the federal Pell grant program are highly beneficial to help get more students to go to college. For all working mothers this is a definite plus. If you're a single mom working a full-time job, the current administration is encouraging you to return to college and earn a degree. The current administration is heartily cheering for single, full-time working mothers to apply for college and earn a degree. Why not make your dreams a reality?
awarded for college, and they have been around for many years. The Pell grant plays a huge advantage to any student awarded such aid as it does not require repayment at the end typical of a normal loan. You may wonder who can be awarded the Pell grant? In general such aid is normally given to students who do not already have a professional degree or bachelors but seek an undergraduate degree. With such advantages it's no wonder that the Scholarship for moms program is being paid so much attention by single, working mothers. Although there is no specific program by that name, President Obama and his administration encourage moms to attend college using the money available to them through Pell grants. If you're concerned that you won't be able to support yourself on the Pell grant a monetary gift you will be pleased to know that it does not restrict you in seeking other sources of financial aid. If you require further assistance in covering educational costs application can be made through both the federal programs and non-federal private organizations. The 1st of July 2009 begins the start of the award year which will come to an end on the 30th June 2010 with the maximum being paid out through the Pell grant of $5,350.00. Other sources will be needed to supplement college cost which may not be covered by the federal Pell grant aid. Furthermore, if you are awarded money, its use is not limited to paying for tuition. Other expenses which are acceptable in connection to your education are such things as books, laptops, travel and housing. Scholarships for Moms has become popu lar because the Obama administration's focus on education has highlighted the benefits of the Pell grant program. To become a student and earn a degree as a single, working mother such a federal program fills all the specifics. Many people are now realizing that college doesn't have to be put aside because of family concerns or financial need. Obama grants through the federal Pell grant program are highly beneficial to help get more students to go to college. For all working mothers this is a definite plus. If you're a single mom working a full-time job, the current administration is encouraging you to return to college and earn a degree. The current administration is heartily cheering for single, full-time working mothers to apply for college and earn a degree. Why not make your dreams a reality?
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