Finance and Market , short essay question Example | Topics and Well Written Essays - 8500 words

Finance and Market , short question - Essay Example For the purpose of this study, we dwell on the advantages and disadvantages of the diversification of REITs holdings’ activities as opposed to the focused approach. Advantages Wider Market Cover When a REIT agency registers to venture into specific areas, there is an aspect of additional market cover. REIT can thus conduct a number of projects which essentially maximize its potential. This in the broader picture implies additional return on investment and maximizes the proportions of dividends that the shareholders gain in the REIT investment. This is not usually the practical case of REITs business that is restricted to specific line of real estate development. If REITs companies have specifications to operate in restricted lines of business, they cannot later on expand to more openings and business opportunities. In a diversified perspective however, REITs have to enjoy a dynamic market characterized by a wide range of business opportunities than maintenance of an ordinary r eal estate portfolio. Dynamism and Innovations Secondly, diversification have in the past enabled RETs to introduce and practice innovative ideas in the real estate properties without the risks of exceeding the limits of operation as stated in the description of the real estate portfolio. ... This approach provides opportunities for to enable the REITs to practice real estate swap which the enables upcoming potential real estate investors to get sufficient exposure to real estate property business without necessarily fulfilling the huge amounts of capital commitment. In the swap, REITs enjoy unlimited exposure to real estate and have the ability to change their capital equity and bonds without restrictions or regulations. This means that REITs sources of revenue will then not be limited to interests, but also bonds, equity and commodities. With the inclusion of the international diversification in Real Estate, there is a low correlation with interest rates than with bonds and equities. The scale of International diversification in real estate investment securities exposes REITs to minimal risk compared to the focus on equities and bonds. Disadvantages High Taxation REITs occupy larger portfolios in real estate trading and this attracts more taxes due to the statutory cons ideration of the return on investment. The wider the portfolio a real estate maintains, the larger the taxation that is applied. This is a great and inevitable challenge which incidentally is not negotiable. Risks of Over-Commitment Secondly, REITS face high risks of over-committing capital equity into long term investments whose returns are not guaranteed. This is a high risk that either leads to the extreme results, either too high losses or extremely high returns. To realize high returns in this case requires REITs to conduct systematic studies of the contemporary market risks. Divergence of focus The third disadvantage that REITs get exposure to in the diversified

Kant, Mill, and Nietzsche Essay Example | Topics and Well Written Essays - 750 words

Kant, Mill, and Nietzsche - Essay Example However, Kant and Mill also differ in a sense that Kant states that a person’s moral is innate as in a priori reasoning and Mill suggests, however selfishly, that morals are essential to a person’s happiness as people abide to morals for them to be happy. Now, for Nietzsche being good – at least morally good, is a social construct as the upper class and the people who are in control are defining the word with their preferences and activities. It can change as to who controls the social power. With this notion, evil, or bad, is also arbitrary, as the social class also determines which are bad and those things are generally the ones that do not work for them. For example, if you are an upper class gentleman and your slaves are working well for you, would you consider slavery immoral? No, because it is good for you. You might even think that slavery is important. But if you are a slave, slavery for you is evil because you suffer. However, who holds the social power? For the longest time, it was the upper class, which is why slavery did not become illegal for a long time. Then when the revolution happened, many people were affected by it. And those â€Å"many people† helped slavery become a â€Å"bad† thing. ... Now these imperatives in turn, determine everyone’s duty. Because of this, morals are not arbitrary because it is universal and it is true to everyone. For Mill on the other hand, has a similar belief to Kant – everyone has innate morals; morals are not arbitrary. But unlike Kant, Mill states that these morals are used to maximize happiness and reduce suffering. Utilitarian in most ways, he basically says that the right things bring happiness and wrong things bring suffering. In his words, â€Å"actions are right in proportion as they tend to promote happiness; wrong as they tend to produce the reverse of happiness†. Therefore, if an action is morally right if it makes the doer really happy. Therefore, happiness is not a social construct but an innate faculty in humans, and because it is innate, it cannot be arbitrary. Now, given the scenario above, what would each of the philosophers do given the situation? For Nietzsche, the nurse would just be in a wrong place at a wrong time. If the society urges euthanasia, then she would not have been stigmatized by having outrages towards her action. She will not be treated as a criminal. She’s having these negative connotations mainly because in her society, the people in power have deemed that her action is â€Å"immoral†. If we are taking Kant’s point of view, where all morals are innate, then we can conclude that the nurse is indeed wrong, as there are more people who were outraged by her actions than the people who weren’t. For Kant, there are universal ethical standards that cannot be broken. Now these ethical standards are about killing. Obviously, killing is not very accepted as it has produced crime and outrage. If we are talking about Mill’s point of view, then we should ask the nurse if she was