Quyen Chu San
Highline Community College
English 205
Feb 4, 2012
CASE STUDY : THE BOOK OPENS THE DOOR
Walking around the Phu Tho bookstore in Ho Chi Minh city, I decided to look for an interested book to bring along with me to America. Numerous questions came in my mind “What do I need? What is that book about?” Accidently, I went to the case containing full of financial and investment books. A purple small book with the phrase “Improving your financial IQ” immediately caught my attention. Twenty years of school, many of times that I have heard about IQ which stands for intelligence quotient, but this was the first time that I saw the term financial IQ. Curiously, I opened that book, looking for the definition of financial IQ.
The book’s name is “Rich dad, Poor dad”, written by Robert Kiyosaki. The author refers financial IQ as the ability to earn money and protect money from internal as well as external factors. He also instructs readers how to improve the financial IQ and confirms that a better job does not make people richer, but financial IQ does. Amazingly, the book took me to a new horizon where the investments were made, and financial problems were solved. Also, the pathway that rich people went, their success and failures strongly attracted me. Without any hesitation, I bought this book, which gradually broadened my financial knowledge and led me to my dream job: financial analyst. Who are they ?
"Financial analysts expect this stock to drop in the next few weeks due to. . ." "Analysts predict a rise in this stock as long as inflation stays low. . ." Does any of this sound familiar? Probably, after all, money and the stock market are on the news nearly every night. But what about the analysts? What they say certainly is important (Financial Analysts, WOIS).” Then who are they? Generally, financial analysts are people who collect, interpret and analyze information in order to make
Cited: Beshears, John, Katherine L. Milkman. "Do Sell-Side Stock Analysts Exhibit Escalation Of Commitment?." Journal Of Economic Behavior & Organization 77.3 (2011): 304-317. Academic Search Complete. Web. 27 Jan. 2012. Cicero, Mike Danca, Anthony. “Swot analysis.” University of St Francis. n.d.Web. Jan 25. 2012 Financial Analysts” Financial Analysts”. WOIS: The Career Information System. n.d. Web. 25 Jan. 2012. Girvin, Michael Hu, Jing. 25 Jan. 2012. Personal interview. Kuperman, Jerome C, Manoj Athavale , Alan Eisner Lor, Corinne. “The 2 Biggest Challenges For Financial Analysts: Time Management and Work-Life Balance”. Article Alley. Online posting. 21st May 2008. Web. Feb 4. 2012. Photo of Financial Accounting. n.d. Accounting Learning Resource .Web. Feb 3. 2012. http://www.bookkeeping-financial-accounting-resources.com/what-is-accounting.html Photo of financial analyst: Greg Hunter Photo of salary chart with level of education. 2000. U of A: University of Arkansas, Community College at Hope.Web. Feb 2. 2012 Salary Chart of Washington State Spiceland, David; Wayne “Cash and Internal Controls”. Financial Accounting. Stewart Mattson. Chicago: Tim Vertovec, 2011. 158. Print.