User:Danj19/sandbox

Fallingwater Path from House to Guest Home

Witness Edgar Taffel, a current apprentice had stated that when Wright was designing the plans he spoke of how the spaces would be used, directly linking form to function.

</ref> Witness Edgar Taffel, a current apprentice had stated that when Wright was designing the plans he spoke of how the spaces would be used, directly linking form to function. https://www.khanacademy.org/humanities/ap-art-history/later-europe-and-americas/modernity-ap/a/frank-lloyd-wright-fallingwater

Liliane Kaufmann, like her husband was too an avid outdoorsman. She enjoyed both hiking and horseback riding. Both Liliane and Edgar were devoted to the public. It was important to the couple that their new home would reflect these two things. (<https://fallingwater.org/history/about-fallingwater/the-kaufmann-family//>)

Wright was a critical thinker with a deep connection to nature. Wright studied everything, down to a molecular level. He believed that there needed to be a clear order for a building to make sense functionally. Materiality should directly relate to form, and form should directly relate to function. A deeper understanding of order, Wright believed, is what allowed design to organically flow with nature and use. It was imperative to wright to create a home that was congenial with place.

with clear influences from Japanese architecture,

The Great Depression brought dark years for architecture in America. The financial system of the United Stated had collapsed at the failure of hundreds of banks. Little to no homes were being built, let alone designed individually for families by architects. As an architect, Wright was becoming irrelevant to the current architectural scene, it was the commission of Fallingwater that turned Wright's career around.

The Kaufmann family had the ability to pay for the overpriced home due to their financial stability and wealth from owning a department store. The Kaufmann family owned a very successful department store in Pittsburg, PA that eventually transitioned into a Macys. Kaufmann senior was no stranger to architectural endeavors, he was involved in numerous public projects and built several stores and homes.

As of today, a large sum of money has been invested into the weekend retreat that once served the Kaufmann Family. $11.5 million needed to be raised to provide structural support to the cantilevers that were deflecting and causing large cracks in the hidden beams.

Fallingwater was one of many homes where Frank Lloyd Wright went over budget. His blatant disregard to costs clearly resulted in something beautiful and his clients were aware of this. Another home the Wright had designed in Pennsylvania about seven miles from Bear Run in Chalk Hill was designed for the Hagan family, good friends of the Kaufmanns. The Kaufmanns had warned the Hagans to lowball Wright on budget. The original budget for the Chalkhill, Pennsylvania home was $60,000, but ended up costing the family $98,000.

The Kaufmanns were very surprised at the proposed location by Frank Lloyd Wright, rather than placing the building across from the waterfall, which is now the 'money shot' location for photographing the home, Wright placed the structure directly atop. In doing so, the home became one with nature, rather than being a viewpoint to nature. Integrating life with nature was a core philosophy that Wright implemented through his own lifestyle, even in Taliesin (studio) at his studio and apprenticeship program, Wright made his students work the land and live a lifestyle very close to the great outdoors. The rock that surrounds the fireplace in the central living area are the very rocks that the the Kaufmanns had spent their summers sunbathing and picnicking on.

Although many cars nowadays tend to fit a sporty image in order to appeal to customers, there are many instances in which these cars are not actually considered sports car.

(:) I think this section would be a great place to incorporate different correlations between the ethics of individuals on Wall St. and their own personal gain as a result of their chosen actins.(Danj19 (talk) 21:48, 13 April 2019 (UTC))

• Preparation for retirement/ long term expenses

Often times this field of personal finance is overlooked as many individuals see this being something in their distant future. However, it must be noted that the sooner you start investing the greater likelihood you have for actually being prepared. Accrual compounding from the prime "work years" can create a significant impact down the road as these earlier donation years will have more time to compound on themselves giving the individual more wiggle room in their future for unexpected unforeseen events.

With every additional year of missed contributions, this creates more tension on the individual to contribute a greater sum leading up to the maturity date of what they may have always thought would be their retirement age.

In the same respect an individual who is able to attain a healthy amount of wealth at a young age may then be able to invest it into a mutual fund or stocks accordingly depending on how much they believe they will need to maintain their standard of living once retirement arrives. Allocating a portfolio according to your goals is crucial and also needs to be continuously adjusted as your personal needs and desires change. Often times, individuals will allocate 80% of their earnings into stocks while there is still room for error (more time away from retirement) with only 20% being distributed to mutual funds as these are considered more 'steady' streams of investment. As an individual begins to get closer to their retirement, often times they will gradually adjust these allocations to have a greater percentage in their mutual fund section to solidify their gains and only leave 20% to still generate higher returns.

This allocation is commonly recommended by financial planners as it allows the individual to build capital in their work years and keep their gains safe in the long run, leaving less room for volatility. 

Ratio's are frequently used on the corporate level to measure a companies ability to cover its cost given the assets it has on hand. This can be paralleled to an individual level as well. Maintaining a ratio of 2:1 or greater is seen as healthy in this respect. This means that for every dollar of expenses there is an existing dollar value of assets such as cash to cover that cost.