Assignment 6A - Identifying Opportunities in Economic & Regulatory Trends
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Economic
Trend: Feds holding off on Interest Rate Increase until June 2019
o
I believe that this is an opportunity because it
allows people to borrow money earlier in the year without having to pay the
extreme interest rate increase. Holding off on the interest rate increase would
allow more people to either a) make large purchases, such as a car, a house, a
mortgage, etc., or b) it would allow people to pay off objects that require
them to pay interest, such as student loans, mortgages, etc.
o
The prototypical customer is someone in
day-to-day life that has expenses that they need to pay off, especially while
the interest rate is still low. This affects a wide range of people across the
nation.
o
I think this is relatively easy to exploit, but
only until June of 2019 since the interest rate will be considerably low until
then.
o
I saw this as an opportunity because as a
student dealing with financial debt throughout my college years, it is
important to pay the interest on student loans while the percentage is still
low.
·
Economic
Trend: The cannabis business is booming-but that’s not necessarily good if
you’re an investor
o
I believe that this is a huge opportunity as the
legalization of marijuana continues to grow across all 50 states. Allowing such
a useful medical tool to grow the economy through stocks creates a huge profit
to people who purchase medical marijuana stocks. Throughout recent years,
medical marijuana stocks have grown to be an economic trend for many people who
have decided to invest.
o
The prototypical customer is someone who is
willing to pay money to purchase these cannabis stocks. Once you purchase this
specific stock, the chances of you losing your money over time is very small,
compared to the riskier stocks that are also available for purchase.
o
I believe that this economic trend is extremely
easy to exploit. With more people getting involved in marijuana for medicinal
use, it has allowed for more closed-minded people to realize that this form of
cannabis is helping more people on a day-to-day basis.
o
I saw this as an opportunity because the chances
of you losing money on medical marijuana is slim-to-none with the industry
growing every single day.
·
Regulatory
changes: Alachua County raises tobacco buying age to 21
o
I believe that this is a great opportunity that
exists. With more high school and middle school students getting involved in
vaping, this regulatory change would allow children to not become addicted to
the nicotine that is used when making vape juice.
o
The prototypical customers are Alachua county adults
above the age of 21 who are trying to find a way to quit smoking cigarettes.
Vaping allows adults to lower their nicotine intake, so they are no longer
dependent on smoking the harmful ingredients in cigarettes.
o
This regulatory change is very easy to exploit
as more parents have become concerned that their child is vaping while at
school. Also, adults do not want to see children getting involved in bad
habits, such as smoking or vaping.
o
I saw this as an opportunity because middle
schools and high schools are having problems cracking down on kids who are
vaping while they are at school, so this regulatory change would be a great benefit
to schools across Alachua county. Also, I believe that parents across Alachua
county would be happier if it was more difficult to purchase vape products.
·
Regulatory
changes: Paid sick leave and minimum wage policies at local and state
levels
o
I believe that this is an opportunity exists,
because it would help with unemployment rates across the nation. This would
especially be helpful in Alachua County with the amount of homeless people that
reside within the county boundaries.
o
The prototypical customers are people who are
business owners within a state that is increasing its minimum wage. Business
owners are willing to allow the increase of minimum wage if this allows them to
have more employees, which, in turn, would hopefully generate more revenue.
o
This regulatory change would be slightly more
difficult to exploit than the other changes and trends because there are also people
who are against the increase of minimum wage. This is an issue that has many
pros and cons, but it all depends on what the locals and states decide to pass
into law.
o
I saw this as an opportunity as I am a college
student. Increasing the minimum wage would be helpful to college students across
the nation as it would allow them to make more money, and hopefully pay off
their student loans and debts a lot quicker than a lower minimum wage.
Hi Alexandra!
ReplyDeleteI was very impressed with how well thought out your response was and how much detail you put into it. I found it interesting that most of the blogs I read included points about the marijuana business. This must be a prevalent issue, as I was too, almost about to use an article for one of my changes. You did everything you were required to do and I have no constructive feedback!