How to Save Business Article

Author's Note: In investing we had to learn how to properly write a business article, so this is the one I wrote. Fair warning it's about how to save for your future, and it's kind of boring. 

May 31, 2013

Mr. Heesch

Beauty and Beach Salon

111 Shark Attack Avenue

Doodlebob, KS 13964

Dear Mr. Heesch

In this How to Save article, by Sam Walton is about how saving is not optional, the problems of starting out, starting small, and the bottom line. Saving is not optional, according to Sam Walton, because “no one knows what social security is going to look like in ten years.” But, saving is also many companies will kick in money if you save for retirement. Which, can help you in the long run, because then your retirement plan could end up being almost double what it would have been without them. One of peoples biggest problems with saving though is that they think they don’t have enough money as it is, let alone any left over to save, whether it is for retirement or just because. Plus, sometimes you may not have as much to put away one month as you have before, but that’s okay. As long as you are putting something into your account each month and expecting for the worst that is all that matters. Starting small isn’t a bad thing, in fact it sets up the habit of saving every month. It doesn’t matter how much you put in because, saving is saving. But, the bottom line according to Sam Walton, is that saving for either a retirement plan, or even college, is to just start saving.

The key details the author is telling you about in this story, is that all you have to do is just start saving. You can’t be sure you are going to have a great retirement if you don’t have any money to have a great retirement with. One of the other key details in this article, is that most people feel like they have to start big, like thousands of dollars, but that is totally not true. There is no need to start with thousands of dollars, as long as you save something every month that’s all that matters, it creates the habit of saving. If you don’t save anything at all, you can’t be sure you are going to be able to do what you want to do.

Sam Walton’s purpose for writing this article, was to inform people on how to save, and why saving is a good thing to start doing. His intended audience were people probably in there early to late 20’s or early 30’s. Who have either just started a job that they are going to have for a while, or are being offered some kind of retirement plan that they are not sure about.

Sincerely

Morgan Hanson

CEO of Suits Incorporated 

Fear

Fear. It lives inside us all, whether we want to feel it or not, is up to us.
Sadness. We all feel it deep in our throats as we choke back tears, but never seem to cry.
Uncertainty. It’s all in your brain, there is a chance you will succeed, but your too afraid to try.

Why do we feel these things? We are told everyone feels these things, but I can guarantee you everyone doesn’t. There are people out there in the world with depression, but you would never know it. One of those people is me. I was diagnosed in November, with GAD and depression. But, they caught it in time, and put me on antidepressants and anxiety medication. My parents were, let’s just say, terrified. Not only for me, but with me. The side effects can be very scary. According to Karen Swartz, a psychiatrist and director of Johns Hopkins Mood Disorders Center, “[The side effects] vary from grogginess, weight gain and polycystic ovary syndrome, and many more (Lopez).” Which I am sure right now sound like some scary symptoms, but they are quite rare. There are some people who think our parents are over medicating our generation, and people who have had kids dealing with these problems , experience this and know that you pretty much have no choice if you want your kid to go back to being “normal.” I have to say that antidepressants changed my life – for the better.

"We really believe there is a place for medication for teenagers, but not for all teenagers," the founder of Kids & Co. Clinical Psychology says (Mayoh). This is reasonable, people think every parent who runs into one little thing wrong with their kids automatically takes their kid to the doctor, and the doctor gives them drugs. That is so far from the case, it’s almost unbelievable, I had to go through about four or five tests before they diagnosed me. It wasn’t something that they were handing out like candy. They actually sit down and talk to you before they make any rush decisions. That’s all that matters. If it’s helping the person, you should encourage it. Not because you want the behavior to continue, but because you want it to stop. Experts say, “The best medicine for kids is a strong support system of family, teachers and doctors (Lopez).” No one knows how much people with depression appreciate the support, no one understands how many people have told them to “just get over it” and having someone be there, just to be there, is the most amazing feeling ever.

“Young people have known themselves longer on medication than off it,” says Katherine Sharpe. As much as this is a scary thought even in my own mind, I can also understand where she is coming from. Some really, really young children have know themselves longer on medication than not, but for them it won’t last long. This is because every child goes through some stage of depression in their lives between the ages of three and nine. Usually only lasting a few months, or about a year and a half (Mayoh). Most people think teens, like me, have been on antidepressants practically since the day we were born, and as much as that would be bad, it is highly unpractical. Most people’s depression lasts a couple of months to a couple of years. But, nowhere near as long as anti-drug adults think.

 I can understand from both sides, of why to and not to have youth take antidepressants. But, being on the other side of the fence, and actually being someone on them, it makes you think about it a little differently. I know that there are some people on them that shouldn't be, and then there are people like me who if they weren't on them would not be able to get out of bed. But, as long as you show love and support to the kids and adults who are suffering from depression, you can only make their lives better – not worse. But, whatever you do never tell someone with depression to “just get over it” because at this point in their lives that is the last thing they need to hear. Plus, it’s not supportive. You are just making them dig themselves deeper into a hole, where they are going to be stuck on more antidepressants, because just as their confidence is building back up, you keep tearing them back down. The dosage will eventually go down, I promise, and for anyone out there, like me, who is dealing with this, things will get better, whether you believe it or not.

Kent Thune Report

Author's Note: I wrote this in investing following a article we worked on for a couple of months on Mutual Funds. 

Kent Thune’s main ideas in the article of Mutual Funds, where the definition of a mutual fund, baskets of investments, the advantages of mutual funds, and basic types of mutual funds. A mutual fund is and investment security type that enables investors to pool their money together. Baskets of Investments hold dozens or hundreds of stocks and bonds, but the investors do not own the holdings, but part of the mutual fund. The advantages of mutual funds are simple, investors simply do not have the knowledge or time to start making their own portfolio of stocks and bonds; buying a portfolio enables them to have a professionally managed diverse portfolio. Also, it costs as little as $1,000 to own a professionally managed diverse portfolio. There are two basic types of mutual funds, stock funds, and bond funds, plus mutual funds are cheaper and easier to start.

The key details in Kent Thune’s article where the advantages and types of mutual funds. The advantages of mutual funds are simple, diversified, and accessible. They are simple because most people don’t know how to start their own portfolio. All investors have to make sure not to but all their eggs in one basket. Plus, it doesn’t cost a lot to start investing in mutual funds. The basic types of mutual funds are stock funds and bond funds. Although most people like to invest in index funds.

I believe Kent Thune’s intended audience for his article on mutual funds, was for ‘new’ investors. People who have no idea what a mutual fund is, and have no idea how to even start making their own portfolio. His purpose for writing this article was to inform ‘new’ investors about what a mutual fund actually was, and what they advantages of having one were.

Some of the most important things to know about mutual funds for ‘new’ investors can be found in this article. Mutual fund baskets, can holds dozens to hundreds of stock/bond funds. Also, Kent Thune informs you on the advantages of mutual funds -- simplicity, diversity, and accessibility. The most common types of mutual funds are also mentioned in this article – stock funds, bond funds, and index funds seeming to be the mutual funds most gravitate toward.

My clients are my parents who are in there early 50’s and no just about nothing about mutual funds. So, this is what I have to say to inform them about mutual funds. Mutual funds have many advantages, one being how simple they actually are compared to what people think about them. Most who start investing don’t know anything or close to nothing about mutual funds. So, buying a professionally managed mutual fund, will help you in the long run for not knowing next to nothing about investing concepts and strategies. Mutual funds are also very diverse meaning that they are not going to put all your eggs in one basket, and are going to try and make you as much money as possible. They are also very accessible to anyone, because they don’t cost that much to start. Plus, with a little research anyone can get started investing in mutual funds within minutes or just a couple of hours.