Thursday, November 7, 2013

20% Time Update on October

For our 20% time project we were not able to accomplish our October goal of building a prototype. Some of the problems we encountered were finding a way to build it cheap and fast. Also the kind of material we needed to make it out of. This is still something we are struggling with so we may have to go a different direction on finding a way to build the gun. Our goal for the end of November is still to have a prototype and be able to find a way to build a final product! One thing we could make it out of is  PVC pipe and it would be cost efficient and very easy to build. 

Salary Post

My beginning income is $150,000. In Mexico we have to pay 2% on city tax in Mexico City and 2% on retirement. Based on my salary I have to pay 21% on federal income tax. Lastly I have to pay 6% on social security. After is all and said I have to pay around 32% on all my taxes. After doing the math I will make about $102,000 a year!


My sources:
http://www.worldwide-tax.com/mexico/mexico_taxes.asp
http://en.wikipedia.org/wiki/List_of_countries_by_tax_rates

Monday, November 4, 2013

Portfolio Investment and Trade

My investment would be Johnson and Johnson. I chose JNJ because everybody is going to play baby's and will buy baby stuff. One way I can use it is when the months the people have the most baby's is to sell some shares. So when it goes down I will buy them back and the course will repeat. For my trade I did Microsoft. I did Microsoft because in a few weeks the xbox 1 is coming out so when it comes out I will sell Microsoft. Also since the Call of Duty is coming out so I will sell out once those come out.