Thiel Fellowship Essay Example | Topics and Well Written Essays - 250 words

Thiel Fellowship - Essay Example In my view, these claims are fallacious and lack evidence. In fact technological advances in developed countries for instance have doubled over the years. Taking young top talent denies them various educational progresses that are sustainable for their overall success in life. Furthermore, education is critical to understanding even more technological advances. This in my view renders Thiel Fellowship irrelevant in any contemporary society. Sadly, Thiel has maintains that, education may not be useful for some career paths and youth do learn various â€Å"valuable things† in college that not end up assisting them in life. In my view such claims are baseless. Education offers a broad range of opportunity. In addition, application of acquired skills is very vital and this is what many career paths offer. In my view, Thiel Fellowship may not be an alternate path to real and sustainable success. The various acquired values in life makes a person achieve their goal and offer sustainable solution to societal problems. In this regard, even with the chance at Thiel Fellowship, I will reject the

Personal financial planning report for Ms Lucy Hargreaves Essay

Personal financial planning report for Ms Lucy Hargreaves - Essay Example The report further plans to develop and implement an appropriate action plan so that all objectives are achieved at most optimum utilisation and allocation of scarce resources. Considering the fact that the system is composed of both systematic and unsystematic risks and also that the future is uncertain, it will be logical to make some important assumptions in the report so that the outcomes appear more realistic. The report is sub-divided into separate sections highlighting specific aspects related to financial plan. For your convenience, all calculations are included and confined to the Appendices section of this report to maintain clarity of presentation. The report begins with a summary of your priorities and objectives, followed by an outline of your probable attitude towards risk. Then the report makes an assessment of your current financial situation based on the objectives and assumptions and finally the report concludes with recommendations on how you will be able to achiev e your goals. 2) Goals & Objectives 2.1) Immediate Objectives The most apparent immediate objectives are as follows: Protection of your current investments Prioritise financial security for yourself and your family considering the fact that your brother is currently unemployed and lives with your parents Prepare a coherent investment plan for investments in OEIC as the stocks are not performing well currently Protect the capital invested by investing in less risky assets as you have low appetite for risk You are concerned that you might end up paying higher taxes to authorities on your savings and investments and hence you need proper tax planning 2.2) Long-term Goals To save towards a deposit scheme on flat at some time in the near future You are also interested to join a pension scheme so as to achieve financial security even after your retirement (Age UK, 2013) Both your parents are teachers and are planning to retire in 5 years implying that investment in a pension scheme is mus t for future financial security (Standard Life, 2013) Your father has minor health issues but it would be safe to plan proper health insurance scheme in advance so that during situations of emergencies your family is protected Tax savings from incomes and investments In order to achieve the above mentioned objectives, it is important that the report considers aspects of personal retirement planning, risk management, education funding, mortgage planning, and tax planning. It is also important to remember that financial risk arise from debt obligations and hence a part of saving s and investments must also be channelled towards payment of existing liabilities or debts (like use of credit cards and unsecured debts). 3) Current Scenario Analysis On our first appointment I came to know about the fact that you have already purchased Gilt securities worth ?1,500, shortly after your graduation. The primary reason that you have invested in this type of asset class is that you consider Gilts as less risky investment. It was also given that a couple of years ago you purchased OEIC