Tuesday, February 4, 2014

Backseat budgeter

To balance Colorado's budget, I tried to lower taxes and trigger no "constitutional warnings". I began by decreasing general funding for categorical programs by 1.9%  This change resulted in a spending decrease of $2,694,000. This didn't do anything major to the budget. After attempting to decrease the state individual income tax to 3.5% removing about $1,300,000,000 this immediately triggered a constitutional warning. I noticed cutting anything related to education usually didn't work out. Reducing sales tax, however, had no consequences. After that I pretty much couldn't change anything around. Basically, I feel bad for legislators because balancing the budget is pretty tricky, and no matter what you change around someone is going to have something bad to say about it. 

Wednesday, January 8, 2014

Investment Strategy

My investment strategy has been to dabble in various stocks. Initially, I selected stocks based on cooperations of interest, but eventually ended up investing in several "big name" companies. I chose this strategy because after utilizing websites like Forbes, I found out what stocks are good to invest in, and that others are money pits. My main stock investments are Apple and Facebook. My strategy has resulted in a nearly 30k gain. I'm currently in 5th place. 



Wise Money