Reverse Mortgage Is It Right For Me - 987 Words

Reverse Mortgage is it right for me: The Reverse Mortgage is in fact not the right mortgage loan for every senior who owns a home; there are many things to consider when you are contemplating a Reverse Mortgage. First the amount of time you are planning to live in the home! If a person is planning on moving from the home within the next five years then you have a decision to make. It will take about five years to recover the closing cost associated with the Reverse Mortgage. Here is a list of general closing cost that you will have to pay at closing out of the proceeds. Mortgage Insurance Premium (to protect the value of your home, the money against mortgage company failure and other issues Origination Fee (lenders Cost) State Tax Stamp†¦show more content†¦Conversely, with a HECM, the borrower builds up debt while they live in the home. In addition to building up debt, there can be significant up front costs when brokering a reverse mortgage. If you plan on only taking out a small portion of money or plan on living in your home for only a short time then these costs can push the effective rate on the home up considerably. The last significant disadvantage of a reverse mortgage is that you leave your heirs with a noticeably smaller legacy. It might be something you should discuss with your heirs. When you take out this mortgage, you will have less equity in the home and likewise, the heirs will inherit a smaller portion of the home s value. Also, the longer you live in the home, the more the interest builds up, which further lessens the equity you have in the home. What are my current financial needs? Everyone, no matter the age, needs to assess their budget and the best ways to effectively manage their financial needs. The easiest way to do so is by going through last month s (or any average month s) bills. You should include everything you regularly spend money on. Where are the bulk of your expenses? Do you need to adjust your budget? CAN I adjust my budget? This will vary from person to person and household to household. There are many ways to cut down your expenses such as different grocery stores, paring down unused or unnecessaryShow MoreRelatedGood And Great By Jim Collins1615 Words   |  7 Pagesbooks, â€Å"Good to Great†, written by Jim Collins. This paper will attempt to give a high level overview of the book as well as personal reflection to the similarities to the course learning, key takeaways and any valuable information that will assist me in my career. Why your chose this book I chose the Good to Great book for the simple reason it was one of the titles that I had heard about. Everything that I had heard was very positive. I researched a few others on-line and thought this wouldRead MoreBernard Madoff2491 Words   |  10 Pagesthe entire system would collapse. Unlike most Ponzi schemes, which usually fail due to a lack of new investors, the economic status of the United States led to the discovery of Madoff. At the time of his arrest on December 11, 2008, the subprime mortgage crisis and the U.S. recession exposed Bernard Madoff’s fraudulent Investment fund to the world. The secret behind Madoff’s success was his ability to gain the trust of investors by his reputation and prestige within the community but most importantlyRead MoreBank Of The New Edition Of Macbeth1905 Words   |  8 PagesJackson himself had long believed the â€Å"hard money† -gold and silver-was the only honest currency. Nonetheless, when he assumed office there was little reason to believe that the Bank War would become the major event of his presidency.1 Page 388 of Give Me Liberty The Bank War and its Results Therefore, the consequence of Jackson declaring war on the 2nd bank of the United States was in 1832 the head of the bank Nicholas Biddle, a strong willed, aristocratic Philadelphian had his allies persuade CongressRead MoreThe Cost Of Higher Education2006 Words   |  9 PagesThe Cost of Higher Education Has Resulted in Extreme Student Loan Debt, How Do We Reverse This Cycle? During high school we are often told that higher education is essentially a precursor to achieving success in the workforce, meaning that your success is dependent upon earning a degree. We are also told that higher education is the key to â€Å"happiness† because it is clear that both a fulfilling and lucrative career is a direct representation of success. Sometimes parents, teachers, and guidance counselorsRead MoreInside the Meltdown49737 Words   |  199 PagesSHEILA BAIR ... FDIC [Federal Deposit Insurance Corp.], established 75 years ago in the Great Depression. ... How does it feel being head of FDIC during another grand crisis? It s a very important place to be right now. We re getting a lot of media attention, and I think that s positive because I think the FDIC is all about public confidence. That s how we maintain the stability with people having confidence in our brand and our insurance guarantee, and I think we ve done that fairly successfullyRead MoreCan Profitability and Morality Co-Exist?10045 Words   |  41 Pagesand public relations fees than they would save from proper employee conduct. Perhaps reluctantly, businesses turn to philosophers to instruct employees on becoming â€Å"moral.† For over 2,000 years philosophers have systematically addressed the issue of right and wrong conduct. Presumably, then, philosophers can teach employees a basic understanding of morality will keep them out of trouble. Although being moral may save a company from some legal and public relations nightmares, morality in business isRead More123456787123 Words   |  29 Pagesfor the Degree of Master of Business Administration at the School of Business, Public Policy and Social Entrepreneurship, Ambedkar University Delhi. It is further certified that the submitted report is based on original research work carried out by me. The material obtained from secondary sources is duly acknowledged. [Student Signature] KARTIK †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦..CHANDRA †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦..CHATURVEDI Roll No S133F0010 Batch: 2013-15 [Dean Signature] Dean SBPPSE [FacultyRead MoreThe Effects Of Poverty On The United States Essay2046 Words   |  9 PagesBringing this statistics up is a good idea because what I want to show audience if I show this paper ends up somewhere else, the importance and the reality that is causing is real. There are people in the United States who are really stressing out right now because they can’t purchase items they need. Even worse putting food on the table. How can no one is doing anything to help these poor innocent people? What can we help to make a big difference? Lot of these citizens who are in poverty needs supportRead MoreBuying a New Home1838 Words   |  8 Pagesuse this principle is to weigh your options. If your in the market for a new home, then you will really need to know where you want to live and how much your budget is. There might be a home that is right in the location you want to live but the home is priced higher then you imagine you would mortgage for the new home. This is when you face the trade offs of the different homes for sale. You have to weigh out what is going to make you happy later, then just now in the moment. These purchases madeRead MoreWorking at Workouts6420 Words   |  26 PagesDebt During the commercial property boom of 2005–2006, owners of commercial property borrowed huge amounts of money directly from commercial banks and indirectly from sophisticated investors through the sale of commercial mortgage-backed securities—a trend that would soon reverse itself (Exhibit 1). As the economy began to weaken in the latter half of 2007, commercial property owners were faced with rising vacancies and lower rents (Exhibit 2). In an increasing number of cases, property owners were

The Period Of Reconstruction During The Years Of 1865-1877

HBCUs were created during the period of Reconstruction in the years of 1865-1877. During this time period the Civil War was finally over and â€Å"Abraham Lincoln was now making plans for immediate equality for former slaves†. During Presidents Lincoln last speech he talked about â€Å"supporting enfranchisement of freedom†, in which he is basically talking about emancipating all African Americans; while Lincoln supported this idea Andrew Johnson opposed it. Andrew Johnson didn’t agree with this way of living with African Americans but there was something that he hated and despised even more and that was rich people.During the time period of reconstruction african americans wanted to do something better for themselves, they started off Andrew†¦show more content†¦No State shall make or enforce any law which shall abridge the privileges or immunities of citizens of the United States; nor shall any State deprive any person of life, liberty, or property, without due process of law; nor deny to any person within its jurisdiction the equal protection of the laws.† Being as though this amendment was created and now applied to all people African Americans began developing many new skills that whites didn’t possess. â€Å"President Ulysses S. Grant supported Radical Reconstruction and enforced the protection of African Americans in the South through the use of the Force Acts passed by Congress. Grant suppressed the Ku Klux Klan, but was unable to resolve the escalating tensions inside the Republican party between the Carpetbaggers and the Scalawags (native whites in the South).† African Americans started off with making sure all African Americans had an education so that they may be able to work job and make their own money and succeed on their own without needing to wait for their â€Å"white masters† anymore. In August 1862, President Lincoln met with African-American leaders and â€Å" urged them to colonize some

Dreams in Social Psychology Essay - 2322 Words

I chose to research a topic that can relate to anybody: dreams. It is something people are less inclined to think of as socially applicable; rather, they think dreams are personal. Perhaps through further analysis and study, more applications for dreams in social life can be found. Dreams may tell a lot more about how a person functions in society than might be originally thought. In this paper, I will review some of the ways people interact with others in and through dreams. Overall, the articles supported the idea that people use dreams, whether during or after dreaming, to relate how they feel or think about other people. How they act in real situations can be mirrored in how they act in dreams (Domino, 1976). Some societies place a†¦show more content†¦They were chosen because they used the same 15 need scales: achievement, deference, order, exhibition, autonomy, affiliation, intraception, succorance, dominance, abasement, nurturance, change, endurance, heterosexuality, and aggression. This made it easy to compare them with each other. When both tests are used together, they can give an idea of how a person would behave in a real situation. Five psychologists with at least one year of postdoctoral experience rated the dreams. In order to keep ratings consistent, each psychologist was given twenty dreams to train with. They rated the dreams in a random order using the 15 dimensions. A six point scale (0 for no material to rate in dream and 5 for a very strong amount of material in dream) was used for each of the 15 dimensions. The psychologists were given definitions of each of the 15 dimensions to refer to when rating the dreams. The results that Domino gathered showed a strong correlation between dream rating and eleven of the combined EPPS and ACL dimensions. Having a positive correlation for so many dimensions does not support Jung’s theory that dreams reflect the opposite of our awake behaviors. Instead, the results support that our drea ms reflect what we consciously think and do. Domino provided insightful information that can be used to predict what a person might behave like in a real social situation. Conversely, it may also be used to predict what a person dreamsShow MoreRelatedFreud : The Unconscious, Dreams And The Psychosexual Stages1613 Words   |  7 Pagesinfluenced by Breuer who encouraged patients to talk about their problems whilst a doctor listened (Maltby, Day Macaskill, 2013). However, whether Freud’s key concepts are valuable for contemporary psychology will be explored in this essay. The concepts that will be explored are the unconscious, dreams and the psychosexual stages. The unconscious is an area in the mind which is physically inaccessible but affects our conscious behaviour. Freud developed the iceberg model to represent this conceptRead MoreWho Is The Only Source Of Knowledge Is Experience?976 Words   |  4 Pagessparked the field of psychology in order to find more about the brain that we did not already know. The field of psychology sparked a fire in different people to find more about the brain and its function, like Wilhelm Wundt who was the first psychologist and from him more famous psychologist came to be known. With out these famous psychologist we would have a starting point on how the brain works and it would have stayed a mystery. We may not know it but the realm of psychology is all around us inRead MoreThe Process and Reasoning: A Psychology of Rumor By Robert H. Knapp.1164 Words   |  5 PagesThe Understanding of a Rumor Synopsis. One of the more interesting readings in Behrens and Rosen’s Wrting and Reading Across the Curriculum was â€Å"A Psychology of Rumor† By Robert H. Knapp. His major point was the understanding of the process and the reasoning behind rumors. A rumor can be classified as a special case of informal social communications that include myth, legend, and current humor. Rumors have three basic characteristics to them. The first is mode transmission which is usually doneRead MoreSigmund Freuds Theory Of Psychoanalysis1636 Words   |  7 Pagesinterpretation of dreams, which later psychoanalytic critics related to the interpretation of literature. Freud’s description of his psychoanalytic theory considers it an approach to unlocking knowledge that is impossible to discover through prior methods of psychology and that is applicable across all areas of the sciences and humanities. Here, students of Freud’s theory can find correlations between psychoanalysis to both structuralism and deconstruction through his method of interpreting dreams, whichRead MoreThe Personality Theories Of Sigmund Freud And Alfred Adler999 Words   |  4 Pagesbig contributors in today psychology world. They set the foundation for futur e generations of psychologist studies. Freud was an Austrian neurologist and an originator of psychoanalysis group. Freud became fascinated with emotional disorder also known as Hysteria while he was working with French neurologist Jean Martin Charcot (Cherry, 2016). As for Adler, he was an Austrian medical doctor and a psychotherapist. He is the founder of the school of individual psychology call the Adlerian schoolRead MorePsychoanalytic Theory According to Freud and Adler1406 Words   |  6 Pagesand Adler Introduction The field of psychology has produced a variety of influential theories. The major schools of thought in the field have distinct philosophical and empirical foundations which have shaped their goals as well as their methods. Although no particular school of thought has given us an exhaustive understanding of human psychology, each has produced ideas that are useful for understanding particular areas of it. The modern period of psychology has been dominated for the most partRead MoreLifetime Goals Essay738 Words   |  3 Pagesachievement of my lifetime goals. Personally, I have several lifetime goals that I seek to achieve both in the short run as well as the long term. In this respect, I have a dream of becoming a lawyer specializing in international relations. Furthermore, I also have a lifetime dream of becoming a professor in the social sciences field of Psychology. Moreover, I have a lifetime goal of establishing a non-profit organization that would offer support to the underprivileged groups in society. I believe that my determinationRead MorePersonality Theories to Which I Can Relate1215 Words   |  5 PagesI learned many things about my personality after we discussed Theories of Personality in PY101.1 We already discussed some of the theories in General Psychology but honesty, I did not fully understand some of the things that we discussed. What is personality? Do all of us have the same basis of our personality? Before we discussed the Theories of Personality in this subject, I thought that there was only one basis of our personality and the only difference was by what traits we can adapt and whatRead MorePsychology : The Mind And Behavior1749 Words   |  7 PagesPsychology, the study of the mind and behavior, has had a tremendous impact on our world. It has changed our thinking and understanding of the behavior of those around us and of ourselves. Over the years, Psychology has had many changes and developments, and many influential people and experiments have popped up. Psychology has gone from simply blaming all behavior on Pagan gods, to studying behavior and the mind through a few different perspectives, which all view the causes of behavior in a differentRead Moreconsumer1670 Words   |  7 PagesUNIVERSITY OF ZIMBABWE DEPARTMENT OF PSYCHOLOGY NAME: CHARLES NYUNGU REGISTRATION NUMBER: R115700F PROGRAM: H.P.S III COURSE: CONSUMER PSYCHOLOGY LECTURER: MR MATIKA ASSIGNMENT TITLE: Scan three adverts from a magazine or newspaper and outline the advertisement‘s effects on your affect, cognition and behaviour. DUE DATE: 24TH MARCH 2014 Advertising plays a pivotal role in the lives of consumers. Advertising moulds the attitudes of the person as well as

Nursing for Ethical and Legal Practice- myassignmenthelp.com

Question: Discuss about theNursing for Ethical and Legal Practice. Answer: Critical thinking is a significant element of nursing practice and relates to the intellectual and disciplined process of application of skilful reasoning for a planned action. In nursing, the process of thinking is the ability of the individual to think in a logical manner and systematic process that ensure better care delivery and better patient outcomes (Kim Lee, 2016). The present paper explains the accountability and responsibility of the registered nurse in relation to ethical and legal practice critical thinking within the Australian nursing scenario. Further, it analyses the accountabilities and responsibilities realted to the nursing students. As opined by Choi et al., (2014) nursing practitioners are to become critical thinkers and value intellectual ability to think in a logical manner. Nurses who are critical thinkers strive to maintain clarity, preciseness, accuracy and fairness while listening, speaking and writing. The thinking is thereby broad and deep. As highlighted by Morton et al., (2017) critical thinking is a holistic approach and aims to maximise the output of the nurses. It involves analysing a certain issue or problem by considering multidimensional approaches and coming up with novice ideas and resolutions. According to Kim and Lee (2016) nurses are accountable and responsible for delivering high quality care services. The underlying aim is achieving desirable patient outcomes. Nurses are to deliver comprehensive care that takes into consideration all aspects of patients mental and physical wellbeing, cultural background, social status, religious beliefs, family structures, and personal beliefs. For addressing all these concerns while coming up with a care plan a nurse is to apply critical thinking. For delivering safe care, critical thinking skills are very important. Since nurses are accountable for any deterioration and decline in patients condition while and after administering care interventions, critical thinking helps in undertaking an active mental process that augments a subtle perception. This, in turn, helps in proper analysis, synthesis and evaluation of patient information collected and derived after a rigorous assessment. Reflecting on previous observations and experiences a nurse can come up with proper reasoning and make a suitable decision regarding patient care. In addition, nurses are to communicate in an effective manner with other care professionals since the responsibility is to provide collaborative care. Critical thinking promotes communication as the nurse can put forward logic and meaningful concepts on the basis of the critical thinking (Kozier et al., 2013). The Code of Ethics for Australian nurses outlines the ethical standards that nurses need to follow in course of their professional practice (Code of Ethics for Nurses in Australia, 2008). As per the value statement 1 mentioned in the guidelines, a nurse is to value quality nursing care for all patients. According to value statement 5, nurses must engage in informed decision making. In addition, as per the value statement 8, nurses must promote health and wellbeing of the patient through a socially, ecologically and economically sustainable environment. The Code of Professional Conduct for Nurses in Australia outlines the legal standards that nurses are to follow in the course of their professional practice (Code of Professional Conduct for Nurses in Australia). As the conduct statement 1, nurses are to practice in a safe and competent manner. As the conduct statement 7, nurses are to support informed decision making for promoting the wellbeing and health of patients. For adhering to all these ethical and legal guidelines, nurses must exhibit critical thinking skills. It is ethical and appropriate to come up with suggestions that address all the concerns of the patients and do what is best for them. Critical thinking ensures that intuitions are left behind, and opinions are given based on strong rationale. As a future nurse, nursing students are responsible for acquiring and developing critical analysis skills (Kong et al., 2014). The nursing course provides immense opportunities to develop this skills and students must master the multitude of learning materials that are provided. In nursing education reference to critical thinking is common due to the significance it holds in daily practice. The primary critical thinking skills nurse students exercise are recognition of conditions, critical analysis, introductory and concluding justification, discriminate of facts and opinions, assessment of the credibility of information sources and illumination of concepts (Levett-Jones Bourgeois, 2013). Students, for learning and applying critical thinking, must engage in developing independent thoughts, fairness, justice, perspicacity in social level, spiritual courage, humility, self-confidence, integrity, perseverance and interest for undertaking research. By demonstrating these skills, a nursi ng student can become an important part of the future nursing cohort. Nursing education program focuses on building on these aspects in nurses for promoting critical thinking skills (Choi et al., 2014). Coming to the end of the paper it can be concluded that critical thinking in nursing is the process of identification of an issue, determination of the best solutions for it and selection of the best method to implement it. Critical thinking skills are to be acquired while studying nursing course wherein nursing students get opportunities to put their valuable thoughts into action. Nursing students must consider developing their skills and abilities before commencing on their professional practice. This is imperative for adhering to the legal and ethical standards of nursing practice as outlined by the Nursing and Midwifery Board of Australia. Lastly, critical thinking skills enable a nurse to translate any idea or thought in a logical, accurate and clear manner. This ability is important for professional development at all levels. References Choi, E., Lindquist, R., Song, Y. (2014). Effects of problem-based learning vs. traditional lecture on Korean nursing students' critical thinking, problem-solving, and self-directed learning.Nurse education today,34(1), 52-56. Code of Ethics for Nurses in Australia. (2008). Nursing and Midwifery Board Australia. Code of Professional Conduct for Nurses in Australia. (2008). Nursing and Midwifery Board Australia. Kim, K. Y., Lee, E. (2016). The relationship among critical thinking disposition, nursing process competency and evidence-based practice competency in nurses working in hospitals.Journal of the Korean Data and Information Science Society,27(2), 451-461. Kong, L. N., Qin, B., Zhou, Y. Q., Mou, S. Y., Gao, H. M. (2014). The effectiveness of problem-based learning on development of nursing students critical thinking: A systematic review and meta-analysis.International journal of nursing studies,51(3), 458-469. Kozier, B. J., Glenora Erb BScN, R. N., Berman, A. T., Snyder, S., Madeleine Buck, R. N., Lucia Yiu, R. N. (2013).Fundamentals of Canadian nursing: Concepts, process, and practice. Pearson Education Canada. Levett-Jones, T., Bourgeois, S. (2015).The Clinical Placement-E-Book: An Essential Guide for Nursing Students. Elsevier Health Sciences. Morton, P. G., Fontaine, D., Hudak, C. M., Gallo, B. M. (2017).Critical care nursing: a holistic approach. Lippincott Williams Wilkins.