Defuse It – How to Not Let Anger Ruin Your Relationships

If you’re tired of feeling alone and not understood after an argument or conversation, then here’s what you need to do to keep your communications with the people want to open.

Empathize

Empathize with the people around you. You might consider that when these people do things that get to you that maybe they did not intend to do it. Now if you know that the attack was intended then you need to ignore it all. Because if a person can make you angry whenever they want to, they can control you.

But if it is not intentional, consider that the other person does what they do because of a weakness that they have. They might need your help to get some things sorted out.

Situations and circumstances that involve anger are sometimes not easy to deal with.

Soft answers

I bet you did not know that you can get someone to stop being angry by speaking soft and kind words to them. It is important that you recognize this for your relationships because when you show anger to someone, you could expect that in the majority of cases they will return that anger back to you in the form of anger of their own.

So the anger will have to stop somewhere and stopping anger will involve the use of soft answers going back and forth between the people involved.

Your hope and effort is that this way of dealing with anger will be picked up by all involved and that the angry situation would become less of an issue because of the goodwill and cooperation that soft answers are able to produce.

Do you want your relationship?

Another thing you will want to do is really consider if the relationship you are dealing with is important to you and what you are trying to do in life.

If you check it out and find that the relationship is right and you want it, then you will find this reason alone one of the biggest motivators for the persistence that is necessary for success.

If you check and find that the relationship is not worth your time then you will not have the strength to overcome the difficulties that are there. You still do not want anger to destroy it, but then maybe this bad relationship may have something to do with your anger in the first place.

Anger management classes

You do not need to wait until something drastically bad happens before you do an anger management class, so do one. Do an online class. 95% of people with anger problems benefit from taking an anger management class in as little as two months. And anger management classes do not cost much; not even half as much as losing the respect of the people you care about, and the classes can be done very conveniently in the comfort of your home or office when they are done online.

But the bottom line is that if in your heart you feel as if your relationship is threatened because of anger an anger management class can help you get your anger under control and give you a real shot at saving your relationships.

You should seriously consider carrying out these anger management techniques, you will begin to see your anger start to come under control. Angry people sometimes don’t get what they need from their anger management techniques. As for you, start applying these tips, and get yourself controlled today.

HIV Education in the Schools Across America

AIDS has devastated the lives of many citizens in the United States. The Centers for Disease Control and Prevention (CDC) indicates that the number of AIDS infections among young Americans between the ages of 13 to 25 rose nearly 20 percent, and approximately 50 percent of new infections are among individuals who are younger than 25 years of age. Therefore, finding better methods to communicate the risk of AIDS transmission are greatly needed to protect our young people and preserve the next generation.

Young people in the United States are at a persistent risk of HIV infection. This risk is especially notable for youth of minority races and ethnicities. Continued HIV prevention outreach and education efforts, including programs on abstinence and delaying initiation of sexual relations, are required as new generations replace the older generations that benefited from earlier prevention strategies.

I believe that there should be more HIV and AIDS education in the school systems across America. I feel that this is an area of education that we could improve to protect and preserve our next generation. There are two reasons that I feel this way. My first reason is to prevent a student from being discriminated against, and the second reason is giving education to the students on preventing the spread of this disease.

My first reason for believing there should be more education about HIV and AIDS in the school system is the way I was treated when I was diagnosed with HIV. I was diagnosed with HIV at 14 years old and due to the lack of education to the teaching staff in the earlier years; I wasn’t permitted to attend class in a regular school setting. Instead I was forced to be home schooled by the board of education, (homebound program) in which I wasn’t taught all the subjects as a regular student would be. I wasn’t taught mathematics at a high school level so when I decided to attend college I had a lot of difficulties in the area of mathematics. On the other hand, English was drilled into my head like a nail, which I am grateful for. The reason for this was that my homebound teacher was an English Professor before she started teaching in the homebound program.

Even though I wasn’t taught as well as those students attending classes in a regular school setting, I have become an excellent student in college despite my difficulties in math. I do believe, however, that the school system has gotten better. I haven’t had any problems with discrimination while attending college. That, at least, is a good thing!

Secondly, I feel that if there had been more education on the prevention and spread of this disease, I might not have contracted it. Had I known about the risks of this disease, I may not be infected today. Even though I contracted HIV through a blood transfusion, maybe if I had been more educated on the ways it is transmitted, I could have somehow prevented myself from becoming infected.

Therefore, I believe that there should be more education for students. The students are our next generation. They should be educated about the risks of HIV infection. I feel it should be a requirement for the schools to inform students about the dangers of the disease as well as the myths of being around someone who is infected.

Even now I feel I have to be careful when I disclose my diagnosis, which prevents me from making friends for fear of being rejected. I feel that if there were more education, I could feel more comfortable talking about my situation of having this disease. Ultimately, I wouldn’t be afraid of causing a panic among my peers. Finally, I believe with more education it would prevent the rise of students becoming infected with this disease. I believe that it is our obligation to protect the next generation.

At This Time What is the Best Treatment For Swine Flu? Disappointing News

At this time the best treatment for swine flu is prevention. Doing everything possible to avoid the flu may be more effective than the drugs and vaccine that we have (or maybe don’t have). The vaccine for H1N1 is scheduled to arrive in mid October but there will only be about 45 million doses and those will have to be doled out according to priorities set by your local health department.

The fact that we don’t have enough vaccine to go around may or may not be a problem. This vaccine was rushed into production and has not undergone the extensive testing that other vaccines have. The first question is will it work. The second question is what are the side effects. We won’t know those answers until late October.

There are two antiviral drugs available for flu, Tamiflu and an older drug Relenza. These drugs can be used to treat the flu or be used to prevent the flu in high risk populations like nursing homes. The good news is that the U.S. has at least enough stockpiled to treat 25% of the population. The bad news is that H1N1 might be immune to Tamiflu. In tests done in New York City last January, 99% of the H1N1 cases were Tamiflu resistant.

The other bad news about the drugs is that they work best when administered within 48 hours of coming down with swine flu. They won’t be prescribed unless the person tests positive for the strain. Now that the World Health Organization has stopped asking for test results, tests may or may not be given as readily as they were.

There are basically three types of tests. One can be completed in your doctor’s office in about 30 minutes. The problem with this test is it misses the flu roughly 30% of the time and also has a reputation of giving false positives. The other two tests require a lab. The actual test takes three hours to complete but add in transportation time and backlog and you’ll be lucky to see results in four days, two days longer than the recommended time to administer antivirals.

So the best answer to what’s the best flu treatment is, don’t catch it. If that doesn’t work; then your back to traditional treatment like fever medicine, rest, plenty of fluids, nutritious diet and Mom’s chicken soup.

This is going to be a big one and something you can’t ignore. It will affect your life either directly or indirectly. You need a plan on how to deal with it much as you would for dealing with an earthquake or hurricane.

Thomas Nagel And His Article On Death

Thomas Nagel begins his collection of essays with a most intriguing discussion about death. Death being one of the most obviously important subjects of contemplation, Nagel takes an interesting approach as he tries to define the truth as to whether death is, or is not, a harm for that individual. Nagel does a brilliant job in attacking this issue from all sides and viewpoints, and it only makes sense that he does it this way in order to make his own observations more credible.

He begins by looking at the very common views of death that are held by most people in the world, and tells us that he will talk of death as the “unequivocal and permanent end to our existence” and look directly at the nature of death itself (1). The first view that Nagel decides to discuss is the view that death is bad for us because it deprives us of more life. Most people are in the view that life is good; even though some experiences in life can be bad, and sometimes tragic, the nature of life itself is a very positive state. Nagel also adds that when the experiences of life are put aside, this state is still positive, and not simply “neutral” (2).

Nagel goes further to point out some important observations about the value of life. Mere “organic survival” cannot be said to be a component of value (2). Nagel gives the example of death and being in a coma before dying. Both of these situations would be equally bad situations. Another observation is that “like most goods” the value can become greater with time (2).

Looking now at what is bad about death instead of what is good about life, Nagel presents some obvious thoughts regarding this point. Life is good because we have the conscious ability to experience and appreciate all that life has to offer. So death is bad because it deprives us of these experiences, not because the actual state of death is bad for us.

The next point that Nagel makes is that there are certain indications that show how people do not object to death simply because it “involves long periods of nonexistence” (3). It is said that people would not look at the temporary “suspension” of life as a terrible misfortune, because the fact that it is temporary tells us that this will ultimately bring the state back to that of conscious life. Also, we do not look at the state being before we are born as a misfortune, or deprivation of life, because that life has not yet begun and, (as Nagel states later), he refutes the possible argument that the person could have been born earlier and had more life, with the fact that if that person was born substantially earlier, he would cease to be that person, but instead someone else entirely.

Nagel discusses next three problems. The first is a view that there are no evils that are not rooted in a person consciously “minding” those evils. Nagel puts this view in to easier terms by saying that this is the same as saying “what you don’t know can’t hurt you” (4). There are several examples that can illustrate this theory. People who think this way would say that it is not a harm for a person to be ridiculed behind his back, if he doesn’t know about it. If he doesn’t experience the evil, it is not bad for him. Nagel thinks this view is wrong. The natural discovery here is that it is bad to be betrayed, this is what makes the whole situation unfortunate; not because the discovery of this betrayal makes us unhappy.

The second problem is that which has to do with who the subject of harm caused by death is, and when exactly this occurs. Harm can be experienced by a person before death, nothing can be experienced after death, so when is death itself experienced as a harm? The third problem deals with posthumous and prenatal existence.

Contemplating the good or bad aspects of death, Nagel observes that we must look at the possible circumstances surrounding a death, and the pertinent history of the person who dies. This is important because we miss a lot that is important to the argument if what we take into consideration is exclusively the state of the person at the moment of death. Nagel gives an example of a very intelligent man sustaining an injury that causes him to regress to the mental capacity of an infant. His needs can be fulfilled like those of an infant and be kept happy as long as simple needs are met. His family and friends would look at this as a terrible misfortune, even though the man himself is not aware of his loss. This situation is unfortunate because of the deprivation of what might have been had he not been injured in this way. He could have gone on to accomplish great things for the world and his family, and live out his life through old age as an accomplished and acclaimed individual. This would have lead him to great happiness, but it can be observed that this same man in a state of mental capacity to match that of a child is also happy, but Nagel agrees that what happened to this man is a tragedy because of the terrible loss of the life the intelligent man could have led. This situation can relate to death in this way of thinking about deprivation. Death is bad because it robs you of what could have been.

After making these observations, Nagel states that “This case should convince us that it is arbitrary to restrict the goods and evils that can befall a man to non-relational properties ascribable to him at particular times” (6). There are endless circumstances and happenings going on that affect a person’s fortune or misfortune. Many of these never coincide directly to the person’s life. We must consider that there is no way to pinpoint the exact position of a misfortune in a person’s life, nor a way to define the origin. People have dreams and goals in life that may or may not be fulfilled. There is no way to find all of the circumstances and possibilities that go into whether or not these hopes and dreams are eventually fulfilled, but Nagel tells us that we must simply accept that “If death is an evil, it must be accounted for in these terms, and the impossibility of locating it within life should not trouble us” (7).

There are some who view the time before birth and the time after death as the same. We exist in neither, though Nagel argues that there is a difference. This whole essay has expressed exactly his view that though we do not exist in either case, death deprives us of time that we could have been living our lives.

Nagel makes an interesting observation about whether we can assign as a misfortune an event or aspect of life which is normal to all humans in general. We all know that we all will die and that the maximum amount of life is somewhere around 100 years. So is it still plausible to say this is a misfortune? He also gives the example of moles, which are blind. It is not a misfortune for a mole to be blind because they are all blind, and they will never know sight and be able to appreciate it. But Nagel also presents the example of a situation in which everyone goes through six months of pain and anguish before dying. Everyone knows that this is going to happen, but does that make the event any less of an event to dread and fear?

We are brought into this world and brought up with aspects of our lives that we appreciate. The deprivation of these things that we learn to appreciate is a misfortune, because we have learned to live with these privileges. It is unfathomable for a human being to grasp the concept of a finite life, in the truest meaning of understanding. We do not think of our lives right now as a set out plan or a finite sequence of events. We do not live day to day thinking of what we should do according to how much time we have left. Our lives are essentially an open-ended sequence of good and bad circumstances and possibilities. Death is the abrupt interruption of this sequence that we cannot help but be in the mindset will never end. This is how death is a deprivation, and ultimately, a bad thing for a person.

In conclusion, Nagel offers a good argument in his essay on death about death itself being a harm. Whether a person believes in the immortal life or not, it must still be considered that dying deprives you of the goods and experiences of life. This view seems unavoidable. A person who dies at age 92 has lived a full life to the best of his ability and has experienced more than someone who dies at age 32. The person dying at age 32 had many things that he wished to accomplish and experience in his life, and since the event of death has taken away all possibility of any of these goals coming to pass, and undermines all the work that he has put forth up to that point in pursuit of his goals, death is a terrible tragedy for him.

Work Cited

Nagel, Thomas. Mortal Questions. Cambridge: Cambridge UP, 1979.

AIDS – What Really is AIDS and How Can it Be Prevented?

AIDS is a disease of the immune system which is caused by HIV which is otherwise known as “human immunodeficiency virus” a diagnosis of HIV can be devastating news for anyone. The condition is prolonged and takes time to weaken the immune system leaving sufferers of the illness susceptible to other illnesses such as the common cold, which due to the weakened immune system of AIDS sufferers can be deadly. An individual suffering from AIDS or HIV is also more susceptible to tumors meaning routine checkups are needed after a diagnosis, leading to a life of hospital appointments.

HIV can be transmitted through full on contact of the mucus membrane, such as mouths, lips and genitals and can also be transmitted through full on contact with an infected bodily fluid. These fluids can be blood, semen, vaginal fluid and breast milk meaning that HIV and AIDS can be passed through to a child throughout pregnancy and throughout breast feeding. The contact of these fluids can happen throughout different activities including anal, vaginal or oral sex, a blood transfusion or the exchange of infected needles, which would commonly be more associated with drug use.

AIDS symptoms often lie dormant until the disease is in its more advanced stages meaning that a diagnosis of AIDS can be even more devastating when the time left is short. Sufferers from AIDS have an increased risk of developing cervical cancer in female sufferers and cancers of the immune system such as Lymphoma. AIDS in its more advanced stage with come with symptoms such as fevers, sweats, swollen glands and weakness. Weight loss is also a common symptom of an AIDS sufferer. AIDS sufferers are also more susceptible to pneumonia as well due to the weakened immune system. AIDS is truly a life wrecking illness for everybody involved.

Since there is no cure for AIDS, the best way to decrease the spread of it and stop others contracting it is with prevention methods. Some of these methods include safe sex, being responsible and using a condom. Sexual relations are one of the main causes of AIDS transmission and a condom could save lives. It is proven that unprotected sex is responsible for the AIDS pandemic all over the world. A male or female condom would suffice.

People working in the health care industry also can do their bit in stopping the transmission of AIDS and HIV by following precautions and using the appropriate safety equipment to keep the illness from spreading. Also, it has now been said that mothers who are suffering from HIV or AIDS should avoid breast feeding their child as to prevent the child from contracting the illness as well. This is what any reasonable parent would do for their child if they knew it could save their life.

Overall, AIDS is a life wrecking disease and it is nothing to be ashamed of. Yet the prevention of it is so simple that people don’t need to be dying every day from this disease. AIDS doesn’t only affect one person; it spreads like a fire and can affect thousands. So think, and use precautions so you don’t become a sufferer too.

The Best Investment Portfolio for 2014 and Beyond

If you have an investment portfolio (like in a 401k plan) take a good look at it, because it might not really be the best investment portfolio for 2014 and beyond. If you are a new investor, don’t start investing money until you are familiar with the best funds to include in your portfolio in 2014.

Your investment portfolio is simply a list showing where your money is, and for most average investors consists primarily of mutual funds: stock funds, bond funds and money market funds. Here we discuss the best funds and asset allocation to achieve the best investment portfolio in the event that 2014 and beyond becomes a tough environment for investors. You may need to make changes in your existing portfolio; and you should also be aware of the following as a new investor before you start investing money.

As an investor you should receive statements periodically which show you where your money is. The problem is that many investors do not give these statements, which clearly show you your asset allocation and your investment portfolio, the attention they deserve. That can be a problem. For example, if you had 50% of your portfolio allocated to stock funds in early 2009, you could have two-thirds of your money in these funds now. If the stock market takes a big hit, you stand to take a big loss. Let’s take a look at stock funds and the best funds for investing money there first.

The stock market and many diversified stock funds have gone UP in value about 150% in less than 5 years, and numerous financial analysts expect a correction (stock prices to go DOWN) in 2014. If your investment portfolio shows that more than half of your assets are invested in stock funds consider cutting back to 50% or less. If you are a new investor ready to start investing, allocate no more than 50% to diversified stock funds. The best funds: those that invest in high quality, dividend paying stocks vs. growth funds that pay little in the form of dividends. This is your first step in putting together the best investment portfolio for 2014, because it cuts your potential losses.

The best investment portfolio also includes bond funds, which have been good solid investments for over 30 years. Why? Interest rates have been falling, which sends bond prices and bond fund values higher. Problem: interest rates have hit all-time lows and appear to be heading higher. Higher interest rates create losses for bond fund investors. Many investors have an investment portfolio loaded with bond funds and are totally unaware of the risk involved if rates go up. If you are getting ready to start investing money you need to know this as well. When interest rates go UP, bonds and bond fund values go DOWN. That’s about the only iron-clad rule in the investment world.

Allocate no more than 25% to 30% of your total investment portfolio to bond funds to cut your risk. The best bond funds are categorized as intermediate-term funds, where the investment portfolio of the fund invests in bonds that mature (on average) in 5 to 10 years. These are the best funds now because they pay a respectable dividend with only moderate risk. The worst funds to hold now: long-term funds that hold bonds maturing (on average) in 15, 20 years or more. When you review your investment portfolio, get rid of these because they will be big losers if (when) interest rates shoot upward. New investors who want to start investing money: avoid them and allocate about 25% of your money to intermediate-term bond funds to avoid heavy risk.

Sometimes the best investment portfolio is loaded with aggressive stock funds and includes longer-term bond funds. Now, looking at 2014 and beyond, is probably not one of those times. For many years now losses in stock funds have been offset by gains in bond funds. Today the problem for investors is that even the best funds of both varieties could get hit if the economy falters and interest rates rise significantly. That makes investing money today a real challenge… one that few investors are prepared for.

So, let’s say that you start investing money with less than 50% going to the best funds in the stock department and about 25% allocated to the best funds in the bond universe… or you adjust your existing investment portfolio to these levels… where do you invest the rest of it? Even though interest rates are still historically low, you bite the bullet and invest it for safety to earn interest. In a 401k plan your best safe investment is likely the stable account, if your plan has one. Otherwise, the best fund for safety is a money market fund (even though they presently pay almost no interest). When rates go up, they should pay more. Or you can shop the banks for the best rates on short-term CDs, or savings accounts.

I expect that 2014 and beyond will be a challenging time to start investing money or to manage an existing investment portfolio. On the other hand, now you should have a handle on the best funds to consider when putting together the best investment portfolio possible. Remember, you must stay in the game in order to get ahead over the long term; but sometimes moderation is your best course of action.

Rohan Online Half Elf Ranger Class Build (PvP-PvE)

Half Elf Ranger Class Build (PvP/PvE)

The half elf ranger build in my opinion is the king of solo. This build is designed to bombard enemies from an insane attack range. The Ranger has a decent critical rate and some great rooting spells.

Stat Build: Your leveling points should be distributed as 1VIT – 3 DEX or This ranger build has no psyche so you are gonna rely on pots for your mana so you must be careful not to deplete it too soon.. You will have some decent HP with 130 points of VIT just in case someone might be lucky enough to get close to you.

This build has a large distribution of DEX to boost your ranged attack quite a bit. You will have great damage and a long range to do it in.

PvE: The easiest class to solo with by far and one of the fasted classes to level also. Most mobs won’t even get close enough to you to do any damage since you have long attack range and have the ability to slow your target mobility speed. Only ranged mobs will have that chance to get a few shots off before they hit the ground bleeding. You only really need to cast one skill per mob before they die since you will be doing some nasty normal ranged attack damage. You will also have an easy time when in a high level mob grind party. You don’t really have to move around much just let tankers tank and do a little pulling here and there.

PvP: The ranger class i one of the few classes that do well against ranged and melee based classes in PvP. You take down magic type classes pretty easily and melee classes can be stunned and slowed down to a crawl before they can get to you. You can do some powerful critical damage at a long range using Critical Shot. The ranger has some great PvP skill at their disposal including Luxury Shot and Premium Shot leaving enemies with missed parts of their HP bar lol. A nice spell to initiate your PvP sequence is Speed Wind which boosts your attack speed to an insane rate that lasts 10 seconds. When a melee class finally does get to you, hit them with Brandish Kick which has a 70% chance to stun target for 9 seconds. You can kite away from enemies easily since you have increased mobility skills.

Conclusion: This ranger build is balanced and you will have extended use of your skills and will be able to solo and pvp well. You don’t have a whole lot of mana so be careful. Remember that range is your advantage, don’t let melee get to close or they will rip you up 🙂

Stat Point Build at Level 99

The recommended spell upgrades:

(Half Elf Archer Tree)

1. Darkness-Level 5: Increase dark dmg 100%, res50% 8% chance decrease target’s 30% atk spd for 7 sec.

2. Psychic Pierce-Level 1: 160% of normal dmg.

3. Long Shot-Level 5: Increase 50% of attacking range for 9 min.

4. Enchanted Arrow-Level 5: Increase arrow damage by 30 for 30 min.

5. Fainting Pierce-Level 5: 35% chance decrease target movement speed by 50% for 10 sec, last 18 min.

6. Bleeding Shot-Level 1: Effect ‘bleed’ dealt 70% of normal dmg every 3 seconds, occur 5 times.

7. Nimble-Level 5: Increase dex by 30%, lasts 30 min.

8. Brandish Kick-Level 5: 70% chance stun the target that last 9 second.

9. Feeble Arrow-Level 1: Decrease target 3% of str last 30 seconds.

10. Fatal-Level 5: Critical dmg increases by dex * 3.0, last 15 min.

11. Sprint-Level 4: Increase movement speed by 80% in 27 seconds.

12. Evade-Level 1: Increase evasion rate by 10% last 18 min.

13. Piercing Root-Level 4: Normal attacks 130%, 50% chance hold the target in place for 5 second.

14. Double Strike-Level 1: Increase 20% of normal dmg, attack target twice.

The recommended spell upgrades:

(Half Elf RangerTree)

1. Crossbow Mastery-Level 5: Increase X-bow’s atk by 25%, last 30 min.

2. Open Eyes-Level 1: Instantly removes root status.

3. Trick-Level 1: Wouldn’t get attack by npc guard during gvg and during red-name period, last 5 min.

4. Detect-Level 1: Detect hidden target within the range of 10m, last 30 sec.

5. Dissapear-Level 1: 50% chance become hidden, last 30min. moving, atking or using item will expose.

6. Siege Shot-Level 5: Unable to move for 10 sec, mean while atk + 90%.

7. Murder Shot-Level 5: Increase atk dmg by murder count * 90.

8. Speed Wind-Level 5: Increase atk spd by 160%, last 10 sec.

9. Kael’s Arrow-Level 2: Create 100 bolts with dmg of 120.

10. Alacrity Blow-Level 5: Increase dex by 15%, last 30 min.

11. Strip Shot-evel 5: Ignore defense, increase dmg by 70%

12. Rank Shot-Level 1: Total damage = weapon’s rank * 50.

13. Critical Shot-Level 5: When hit the target, 90% chance occur critical hit.

14. Premium Shot-Level 1: Increases weapon’s atk by 200%.

15. Magic Guard-Level 1: Do not affect by magics for 10 seconds.

16. Luxury Shot-Level 1: Increases weapon’s atk by 200%.

17. Winged Foot-Level 5: 18 mp per sec, party member increase movement spd by 100%.

Finance, Credit, Investments – Economical Categories

Scientific works in the theories of finances and credit, according to the specification of the research object, are characterized to be many-sided and many-leveled.

The definition of totality of the economical relations formed in the process of formation, distribution and usage of finances, as money sources is widely spread. For example, in “the general theory of finances” there are two definitions of finances:

1) “…Finances reflect economical relations, formation of the funds of money sources, in the process of distribution and redistribution of national receipts according to the distribution and usage”. This definition is given relatively to the conditions of Capitalism, when cash-commodity relations gain universal character;

2) “Finances represent the formation of centralized ad decentralized money sources, economical relations relatively with the distribution and usage, which serve for fulfillment of the state functions and obligations and also provision of the conditions of the widened further production”. This definition is brought without showing the environment of its action. We share partly such explanation of finances and think expedient to make some specification.

First, finances overcome the bounds of distribution and redistribution service of the national income, though it is a basic foundation of finances. Also, formation and usage of the depreciation fund which is the part of financial domain, belongs not to the distribution and redistribution of the national income (of newly formed value during a year), but to the distribution of already developed value.

This latest first appears to be a part of value of main industrial funds, later it is moved to the cost price of a ready product (that is to the value too) and after its realization, and it is set the depression fund. Its source is taken into account before hand as a depression kind in the consistence of the ready products cost price.

Second, main goal of finances is much wider then “fulfillment of the state functions and obligations and provision of conditions for the widened further production”. Finances exist on the state level and also on the manufactures and branches’ level too, and in such conditions, when the most part of the manufactures are not state.

V. M. Rodionova has a different position about this subject: “real formation of the financial resources begins on the stage of distribution, when the value is realized and concrete economical forms of the realized value are separated from the consistence of the profit”. V. M. Rodionova makes an accent of finances, as distributing relations, when D. S. Moliakov underlines industrial foundation of finances. Though both of them give quite substantiate discussion of finances, as a system of formation, distribution and usage of the funds of money sources, that comes out of the following definition of the finances: “financial cash relations, which forms in the process of distribution and redistribution of the partial value of the national wealth and total social product, is related with the subjects of the economy and formation and usage of the state cash incomes and savings in the widened further production, in the material stimulation of the workers for satisfaction of the society social and other requests”.

In the manuals of the political economy we meet with the following definitions of finances:
“Finances of the socialistic state represent economical (cash) relations, with the help of which, in the way of planned distribution of the incomes and savings the funds of money sources of the state and socialistic manufactures are formed for guaranteeing the growth of the production, rising the material and cultural level of the people and for satisfying other general society requests”.
“The system of creation and usage of necessary funds of cash resources for guarantying socialistic widened further production represent exactly the finances of the socialistic society. And the totality of economical relations arisen between state, manufactures and organizations, branches, regions and separate citizen according to the movement of cash funds make financial relations”.
As we’ve seen, definitions of finances made by financiers and political economists do not differ greatly.
In every discussed position there are:

1) expression of essence and phenomenon in the definition of finances;

2) the definition of finances, as the system of the creation and usage of funds of cash sources on the level of phenomenon.

3) Distribution of finances as social product and the value of national income, definition of the distributions planned character, main goals of the economy and economical relations, for servicing of which it is used.

If refuse the preposition “socialistic” in the definition of finances, we may say, that it still keeps actuality. We meet with such traditional definitions of finances, without an adjective “socialistic”, in the modern economical literature. We may give such an elucidation: “finances represent cash resources of production and usage, also cash relations appeared in the process of distributing values of formed economical product and national wealth for formation and further production of the cash incomes and savings of the economical subjects and state, rewarding of the workers and satisfaction of the social requests”. in this elucidation of finances like D. S. Moliakov and V. M. Rodionov’s definitions, following the traditional inheritance, we meet with the widening of the financial foundation. They concern “distribution and redistribution of the value of created economical product, also the partial distribution of the value of national wealth”. This latest is very actual, relatively to the process of privatization and the transition to privacy and is periodically used in practice in different countries, for example, Great Britain and France.

“Finances – are cash sources, financial resources, their creation and movement, distribution and redistribution, usage, also economical relations, which are conditioned by intercalculations between the economical subjects, movement of cash sources, money circulation and usage”.
“Finances are the system of economical relations, which are connected with firm creation, distribution and usage of financial resources”.

We meet with absolutely innovational definitions of finances in Z. Body and R. Merton’s basis manuals. “Finance – it is the science about how the people lead spending `the deficit cash resources and incomes in the definite period of time. The financial decisions are characterized by the expenses and incomes which are 1) separated in time, and 2) as a rule, it is impossible to take them into account beforehand neither by those who get decisions nor any other person” . “Financial theory consists of numbers of the conceptions… which learns systematically the subjects of distribution of the cash resources relatively to the time factor; it also considers quantitative models, with the help of which the estimation, putting into practice and realization of the alternative variants of every financial decisions take place” .

These basic conceptions and quantitative models are used at every level of getting financial decisions, but in the latest definition of finances, we meet with the following doctrine of the financial foundation: main function of the finances is in the satisfaction of the people’s requests; the subjects of economical activities of any kind (firms, also state organs of every level) are directed towards fulfilling this basic function.

For the goals of our monograph, it is important to compare well-known definitions about finances, credit and investment, to decide how and how much it is possible to integrate the finances, investments and credit into the one total part.

Some researcher thing that credit is the consisting part of finances, if it is discussed from the position of essence and category. The other, more numerous group proves, that an economical category of credit exists parallel to the economical category of finances, by which it underlines impossibility of the credit’s existence in the consistence of finances.

N. K. Kuchukova underlined the independence of the category of credit and notes that it is only its “characteristic feature the turned movement of the value, which is not related with transmission of the loan opportunities together with the owners’ rights”.

N. D. Barkovski replies that functioning of money created an economical basis for apportioning finances and credit as an independent category and gave rise to the credit and financial relations. He noticed the Gnoseological roots of science in money and credit, as the science about finances has business with the research of such economical relations, which lean upon cash flow and credit.
Let’s discuss the most spread definitions of credit. in the modern publications credit appeared to be “luckier”, then finances. For example, we meet with the following definition of credit in the finance-economical dictionary: “credit is the loan in the form of cash and commodity with the conditions of returning, usually, by paying percent. Credit represents a form of movement of the loan capital and expresses economical relations between the creditor and borrower”.

This is the traditional definition of credit. In the earlier dictionary of the economy we read: “credit is the system of economical relations, which is formed while the transmission of cash and material means into the temporal usage, as a rule under the conditions of returning and paying percent”.
In the manual of the political economy published under reduction of V. A. Medvedev the following definition is given: “credit, as an economical category, expresses the created relations between the society, labour collective and workers during formation and usage of the loan funds, under the terms of paying present and returning, during transmission of sources for the temporal usage and accumulation”.

Credit is discussed in the following way in the earlier education-methodological manuals of political economy: “credit is the system of money relations, which is created in the process of using and mobilization of temporarily free cash means of the state budget, unions, manufactures, organizations and population. Credit has an objective character. It is used for providing widened further production of the state and other needs. Credit differs from finances by the returning character, while financing of manufactures and organizations by the state is fulfilled without this condition”.

We meet with the following definition if “the course of economy”: “credit is an economical category, which represents relations, while the separate industrial organizations or persons transmit money means to each-other for temporal usage under the conditions of returning. Creation of credit is conditioned by a historical process of fulfilling the economical and money relations, the form of which is the money relation”.

Following scientists give slightly different definitions of credit:
“Credit – is a loan in the form of money or commodity, which is given to the borrower by a creditor under the conditions of returning and paying the percentage rate by the borrower”.
Credit is giving the temporally free money sources or commodity as a debt for the defined terms by the price of fixed percentage. Thus, a credit is the loan in the form of money or commodity. In the process of this loan’s movement, a definite relations are formed between a creditor (the loan is given by a juridical of physical person, who gives certain cash as a debt) and the debtor.
Combining every definition named above, we come to an idea, that credit is giving money capital of commodity as a debt, for certain terms and material provision under the price of firm percentage rate. It expresses definite economical relations between the participants of the process of capital formation. Necessity of the credit relations is conditioned, from one side, by gathering solid quantity of temporarily free money sources, and from the second side, existence of requests of them.

Though, at the same time we must distinguish two resembling concepts: loan and credit. Loan is characterized by:

o Here, the discussion may touch upon transmission of money and also things form one side (loaner) to another (borrower): a)under the owning of the borrower and, at the same time, b) under the conditions of returning same amount or same quantity and quality of the things;

o The loaning of money may bear no interest;

o Any person may take part in it.
With the difference with loan, credit, which is somehow a private occasion of the loan, represents:

o One side (loaner) gives to the second one (borrower) only money, and _ for temporal usage;

o It may not bear no interest (if the assignment doesn’t foresee something);

o In it creditor is not any person, but a credit organization (at the first place, banks).
So, a credit is the bank credit. To our mind, it is not correct to use “credit” and “loan” as the synonyms.
Banking crediting is the union of relations between bank (as a creditor) and its borrower. These relations touch upon:

a) Giving a certain amount of money to the borrower for definite purpose (though, we meet with the so-called free credits, aims and objects of crediting are not appointed in the assignment);

b) Its opportune returning;

c) Getting percentage rate from the borrower for using the sources under his/her disposal.
The essential foundation of the credit essence and its important element is existence of trust between the two sides (in Latin “credo”, from which comes the word “credit”, means “trust”).
From the position of circulation of money forms (in the abstraction, historical process of formation economical relations and social budget and banking systems expressed by them) comparing different definitions of finances and credit, the paradox conclusion appears: credit is the private occasion of finances. And truly, from the position of movement of the money forms, finances represent the process of formation and usage of the funds of cash means. Very often such movements are fulfilled without returning, but sometimes, it is possible to give loans from the budget for the investment projects of other needs. Also, when a manufacture or corporations use their cash funds and we mean the finances of industrial subject, such usage may be realized as inside the manufacture or corporation (there is no subject about returning or not returning of the usage), so gratis under conditions of returning. This latest is called commercial form because of transmitting the sources to others, but even in this occasion, it is the element of financial system of the manufacture and corporation.

From the point of cash means movement, main character of credit is the process of formation and usage of the funds of cash means under the conditions of returning and, as a rule, taking the value-percentage. If gating the credit value doesn’t take place (even in the exceptional occasions), according to the movement form, credit becomes a private occasion of finances, as from the net financial funds (consequently from the state budget) the loans which bear no interests may be used. If gating credit value takes place, by the appearance form, credit is discussed to be financial modification.

From the historical point of view, finances (especially in the sort of the state budget) and credit (beginning with usury, later commercial and banking) were developing differently for considering credit to be the part of finances. Though, from the genetic-historical point of view, previous loaners, before giving loan, needed gathering the permanent capital not returning, that is the net financial foundation. The banks analogously needed concentration of the important own capital for influxing the consumers’ means and for getting higher percentage rate under the conditions of returning. Herewith, exactly on the financial basis, in the sort of financial fund (which later partially becomes loan fund) part of the bank capital appears to be the reservation (insurance) part of the fund, which by nature is financial and not loan. So notwithstanding the essential distinctions between finances and credit form the genetic-historical point of view, credit appears to be formed from finances and represent their modification.

From the essential position of expressing economical relations of finances and credit, we meet with cardinal distinctions between these two categories. Which mostly expressed by the distinction of the movement forms notwithstanding they are returnable or not. Finances express relations in the aspects of distribution and redistribution of social product and part of the national wealth. Credit expresses distribution of the appropriate value only in the section of percentage given for loan, while according to the loan itself, a only a temporal distribution of money sources takes place.
Herewith, there is a lot of common between the finances and credit as from the essential point of view, so according to the form of movement. At the same time, there is a significant distinction between finances and credit as in the essence, so in the form too. According to this, there must be a kind of generally economical category, which will consider finances and credit as a total unity, and in the bounds of this category itself, the separation of the specific essence of the finances and credit would take place.

Funding of the cash means is common to the researched economical categories. It takes place in any separate system of finances and credit, which have been touched upon during the analyses of defining finances and credit. Word combination “funding of the cash sources (fund formation)” reflects and defines exactly essence and form of economical category of more general character, those of finances and credit categories. Though in the in economical texts and practice, it is very uncomfortable to use a termini, which consists of three words. Also, “unloading” with an information hardens greatly its influxing into the circulation even in the conditions of its strict substantiation and thoroughness.
In the discussing context we consider:

1) wide and narrow understanding of economical category of the finances;

2) discussing finances in narrow understanding under general traditional meaning;

3) discussing finances, as funding of the cash means, in wide understanding, which concerns finances – in narrow meaning and credit – in complete meaning.
Termini “funding” and its equivalent “fund formation” are used by us as the purposeful structuring of cash means, which is based on two poles – accumulation of money sources (gathering) and its usage for definite purpose in the way of financing and crediting.
We have established a new termini – “finance-investment sphere” (FIS). Analyses about interrelation of finances and credit made by us give us an opportunity of proving, that in the given termini, the word “financial” is used with the meaning of funding cash sources, its purposeful structuring. In this process we consider at the same time financial, credit and investments’ economical categories.

Let’s sum up middle results of discussing new concept – “finance-investment sphere” and discuss its investment consisting parts.

The concept “investments” was brought into the native economical science from the West. In the Soviet economical science they for a long time used in the place “investments” the termini “capital placement”, which expressed the usage of the industrial factors in the sphere of real industrial activities during realization of capital projects. From one glance, this termini in its concept is identical to the “investments”, consequently it is possible to use them as synonyms. Though the termini “investments” and “investing” have the advantage towards the termini “capital placement” from linguistic and philological points of view, because they are expressed with one word. This is not only economical and comfortable in the process of working with the termini “investment” itself, but also it gives an opportunity of termini formation. More concretely: “investment process”, “investment domain”, “finance-investment sphere” – all these termini are much more acceptable.
Changing native economical termini with foreign ones is purposeful, if it really matters (by keeping parallel usage of the native termini for the inheritance). Though we must not change native economical termini into foreign ones all together, when by ordinal traditional language easy to explain private and narrow concrete processes and elements get their own termini. The “movement” of these termini is approved in the narrow professional bounds, but their “spitting out” into the economical science may turn economical language into the tangled slang.

Let’s discuss termini – “investment” and “capital placement’s” usage in the economical literature.
Investments are placement of funds into the main and circulation capital for the purpose of getting profit. “Investments in material assets – are the placements of funds into the mobile and real estate (land, buildings, furniture and so on). Investments in financial assets are the placements of funds into the securities bank accounts and other financial instruments”.

We don’t meet with the termini “investments” in the earlier economical dictionary, but we meet the combined termini “investment policy” – the union of the industrial decisions, which guarantee main directions of the capital investments, the activities of their concentration in the determinant suburbs, on which the reaching of planned rates of development of the society production is depended, balancing and effectiveness, getting more and more production and profit of the national income for every lost Ruble”. For today, in the most actual definitions, the capital investments are bounded only by financial means, when not only financial, but also the investment of natural, material-technical and informational resources takes place. Labour resources take an actual place in the investment process. They themselves fulfill this or that investment process.

A positive side of the discussed definitions is that they connect investment policy and capital placements (investments):

– economical development according to the key directions to the concentration;

– providing high rates of economical growth;

– raising an economical effectiveness, which is expressed:

a) by growing the throw off of the production and national income for every lost Ruble;

b) by fulfilling the branch structure of the investments;

c) by improving their technological structure;

d) by optimization of their further production structure.

Compared with such definition of the investments (capital placement) the definition of investments in the dictionary attaching the “Economics” seems to be unimproved: “investments – the expenses of gathering production and industrial means and increasing material reserve”. In this definition current expenses (production expenses) are mixed with the investment (capital) expense. Also, not the investment expenses but (though the investments are followed by the appropriate expenses) exactly advancing. It differs from the expenses by that the means (means) are put by returning the advanced values, also, under the conditions of growth, to which the concept-advanced capital is corresponding. the advancing may be realized in the money, natural-material and informational forms.

Except the termini “investments”, there are two more termini related with the investment. They are shown below.

“Human capital investment” – any activity provided for rising the workers labour productivity (in the way of growing their qualification and developing their abilities); at the expenses of improving the workers’ education, health and raising the mobility of the working forces”. It is very useful to use the mentioned termini, though it needs one correction: the human capital investments do not concern only workers, but also the servants, representatives of every kind of labour.
“Investment commodity, capital goods – a capital.”

In the official manuals of political economy of the reformation time the capital investments are discussed as “expenses for creating new main funds and widening, reconstruction and renewing the active ones”. In this definition the investments (capital placements) during separation of the forms (types) of further production of the main funds are bounded only by main funds (without increases of the circulation funds and insurance reserves):

a) creating new ones;

b) widening;

c) reconstruction;

d) renewing.

Also, the concept of the industrial gathering appears, at the expenses of widening of basic, circulation funds and also insurance reserves takes place”.

You’ll meet below the definitions of investments from “the course of economy”: the investments are called “placements of fund into the basic capital (basic means of production), reserves, also other economical objects and processes, which request long-termed influxing of material and cash means. “According to the division of capital into physical and money forms, the investments too must be divided into material and cash investments”.

They apportion investment commodity, to which belong industrial and nonindustrial building objects, vehicles purposed for changing or widened technical park and the furniture, increasing reserves and others.

“They call the total investments of production an investment product, which is directed towards keeping and increasing the basic capital (basic means) and reserve. Total investments consist of two parts. One of them is called the depreciation; it represents important investment resources for compensation of renewal till the level of before industrial usage, wearing out and repairing of the basic means. Second consisting part of the total investments is represented by net investments – capital investments for the purpose of increasing basic means”. Depreciation is not a compensation resource of wearing the basic funds out, but it is the purposeful financial source of such resources.
Human capital investment is “a specific kind of investments, mostly in education and health protection”.

“Real investments are the investments in the economical branches and also, they are kinds of economical activities, which provide influxing the increases of real capital, that is increasing material values of the industrial means”. We can agree with such definition with one specification that material and nonmaterial values too belong to the real capital (wealth), consequently science-researching experimental-construction results, various information, education of he workers and others. Such service as organization of the excitable games, also the service of redistribution social wealth from one private person to another (except charity).

“Financial investments represent placement of funds into the shares, obligations, promissory notes, other securities and instruments. Such investments, of course, do not give increases of the real material capital, but they help getting profit, consequently at the expenses of changing the course of the securities in the time of speculation, or distinguishing the course in different places of sell and purchasing”. We share wholly such definition, hence it follows that financial investments (if it is not followed by real investments as a result) do not increase real material wealth and real nonmaterial wealth. According to this context, the expression below is very important: “we must distinguish financial investments, which represent placement of the funds in the ways of selling and purchasing the securities for the purpose of getting profit and financial investments, which become cash and real, moved to real physical capital.”

In the “economical course” quoted before long and short-termed investments are separated. Recognizing the existence of the bounds between them, the authors ascribe short-termed investments to “one month or more” investments. If we get such conditioned criteria, that we can call the investments which overcome the terms of some months, long-termed ones, which is very doubtful and we don’t agree with it. A long-termed character of the fund placement is a significant feature of the investments (short-term doesn’t combine with the concept of investments). Principally, it would be better to point out quick compensative, middle termed compensative and long-termed compensative investments:

– less then 6 months – quick compensative;

– from 6 months up to the year and a half – middle termed compensative;

– more then the year and a half – long termed compensative.

We stopped at the definition of the investments in the capital work “economical course” for the special purpose, as, in it the author tried to discuss the concept of investments systemically and quite completely, herewith the book is published just now.

We’ll return to the discussion the definition economical category of “investments” in different publications in the following chapter. The definitions given here are quite enough for having a notion of the level of lighting up the given category in the economical literature.
What conclusions may be made according the definition of the mentioned economical category in the published works, except the made notions and specifications?

There is quite deeply, concretely and thoroughly defined the concept of “investments”, different definitions in the economical literature; but mostly in every works about the investments discussed by us until now, there is not opened the essence of investments as an economical category. In every monograph , even if it has a title investment, as an economical category , there is given only the definition, concept of investments. But, as the Academician Vasil Chantladze explains, “a concept is a discussion, which proves something about the distinguishing feature of the researched object. A concept out of much essential characteristic features represents only one, and essential in it is only – definition”.

But the categories are much wider; it is “a key, the most fundamental concept of every science”. Economical categories theoretically represent real, objectively existed productive relations. A category is the defining of occasions of existed characters, connections, relations of the objective world. Generally, any educational process is fulfilled by the categories, which give opportunities for dividing the processes and occasions semantically, for expressing the definitions of a subject and realize their specific peculiarities and economical relations of a material world.
Our goal is exactly to substantiate investments – as an economical category and also, as a financial category in the narrow understanding.

Here we apply for another manual thesis made by the academician Vasil Chantladze: “every financial relation is an economical one and every financial category is and economical one, but not every economical relation and economical category is financial relation and financial category”.
In the process of defining the investments, it is important to take in mind the sides of resources, expenses and incomes, because investment, from one side, is the result of the manufacture’s activity, and, from another one, – a part of income, which, in this case, is not used for usage.
Another occasion: it is advisable to discuss investments in two aspects: as a category of reserve and flow, which will reflect exactly the connection between “placement of funds” and “investments”.

As we’ve mentioned above, not long ago, in the well-known Soviet literature the concepts of “the placement of funds” and “investments” were accepted to be the synonyms and concerned to be investment of sources for further production of the main funds and formation of the turnover funds. We meet with such understanding of the concept of “investment” (here, they separate three types of the investment expenses: investments in the basic capital of investments, investments in the house building and investments in the reserves) in the modern economical publications and it is mostly used on the macro level during a statistical analyze of economical processes. In this concrete occasion investment is the category of reserve.