Tagged: economy

Love what you do

By Robin Ngai, Staff Writer
@bluebird1278

Come graduation, will you love your job?/ PHOTO VIA Flickr user Bing

Come graduation, will you love your job?/ PHOTO VIA Flickr user Bing

Once again it’s the time of year where seniors (and sometimes juniors) graduate and begin living in the “real world” — a world where you enter true adulthood and (hopefully) land a job that both pays the bills and makes you happy.

As a rising junior, quite frankly this whole idea terrifies me. Luckily, I’ve still got two years to figure out what to do. But there are those of us in the B.U. community who will be graduating in less than two weeks. For these almost grads, Huffington Post complied a list of “15 Revealing Signs You Genuinely Love What You Do.”

Some are goals that are attainable (not looking at the clock all day, thinking in terms of positives rather than negatives), and some are a bit far fetched (I’m not sure if anyone will ever enjoy meetings). At the end of the article you can add up your points received for each answer provided to see which end of the spectrum you fall into: you really do love your job, or you should seek other employment opportunities.

In times like these, finding a job that fulfills the checklist can be difficult to do, due to financial concerns and job openings. People often find it hard to be picky about their opportunities, and being passed over for a job is bound to happen sooner or later. Despite a bleak outlook at the economy and job market, things are actually looking up.

According to the New York Times, the job market for college graduates is actually improving (even if it is only a slight improvement, it’s better than nothing). So, soon-to-be graduates, don’t give up just yet!

Leaving college can be scary, but you should know that there are jobs out there that will bring you happiness. You may get lucky and land it immediately, but if you don’t, be patient. Work hard, do your best to find ways to love what you do, and don’t get discouraged. Good luck and best wishes to the Class of 2014!

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In Biz: The Problem With Bitcoin

By Emily Overholt, Staff Writer
@EmilyOverholt

A lot of people are concerned with where Bitcoin is going, but would you invest in it?/ PHOTO VIA Flickr user Antana

A lot of people are concerned with where Bitcoin is going, but would you invest in it?/ PHOTO VIA Flickr user Antana

I’ve been pretty fascinated by Bitcoin for about a year now. Really, I was late to the party, but I’ve still got a good grip on it.

For those of you who don’t know, Bitcoin is a digital currency that is not backed by any form of government. Bitcoins are held in digital Bitcoin wallets and traded person to person for goods and services.

The mainstream media didn’t really latch on to Bitcoin until about December when it had a huge run, a single coin was worth as much as $1,200 a few months ago. Anything worth that much money gets media attention, that’s just how it works. The run didn’t last and coins are currently worth about $600.

But here’s the thing, it’s not worth it for me to tell you the price as I write this. It could be higher or lower just seconds from now. Sure, that’s the case with any commodity or stock. The price of gold fluctuates daily, but it’s fluctuating in cents not dollars.

Bitcoin had potential to be a great commodity, if not a currency. But before it becomes usable it has got to settle down. If I’m buying Chinese takeout for $10 I don’t want it to end up costing me $12 as I eat it because I didn’t wait for the exchange rate to drop.

There’s one other risk I’d be remiss to not point out: security.

Because Bitcoin is entirely virtual it is at a greater risk than any currency that lives in a bank. Bank robberies are rare, but hacking happens every day. Bitcoin trading platform MtGox suffered such extreme security breaches it has shut down and now faces Bankruptcy. Ouch.

I think Bitcoin is fascinating. I’m usually tweeting about it. But I’m not willing to put my money in something so volatile at this point. Then again, a wise economics professor once told me about stocks, “you can either eat well or sleep well, never both.”

Maybe Bitcoin could make another run, we’ll just have to wait and see.