money Archives | Page 9 of 15

4 Futuristic Products That Are Worth Your Bucks

Maximize your life with these futuristic products and gadgets that are available now…

1. SILVERAIR SOCKS

Getting tired of those smelly socks? Well, Y Athletics is a game changer! Y Athletics pioneered the SilverAir Socks, which are high performance sports socks made with pure silver and merino wool. The same material is used by astronauts in their space suits! Isn’t that fantastic? It comes with various colors such as Jet Black, Graphite Grey, Electric Blue, Sedona Red, Ithaca Green, and Glacier White.

You may pre-order now at US$18 (about S$25) as the retail price will be US$22. Every three pairs of socks come with a beautiful travel case.

2. 3DOODLER PEN

Have you ever wondered what it would be like to scribble something in the air and make it come to life? 3Doodler pen is making that happen! Simply trace or wave your fingers in the air with the 3Doodler 2.0. pen. With over 65 available colors, the possibilities are endless! Furthermore, you may check out the community page for free downloadable stencils and inspirations.

Order yours today at US$99 (about S$137) per piece.

https://www.facebook.com/3Doodler/videos/vb.464802356894648/932685013439711/?type=2&theater

3. PLAYBULB LITE

Wouldn’t it be nice to play your tunes at a well-lit room? Mipow had that in mind when they made the PLAYBULB Lite. PLAYBULB Lite is a LED lightbulb with Bluetooth speaker. It is ideal for dormitories, apartments, and condominiums. Its LED power is 3W while its voltage is 50-60Hz. Get yours at US$39.99 (about S$56) each!

Image Credits: store.mipow.com/ww/en/playbulb-lite-led-light-with-bluetooth-speaker.html

4. GLOW HEADPHONES

Gorgeous and brilliant, Glow uses state of the art technology and Corning Fibrance to make the brightest headphones in the world! Glow Headphones pulsates to the beat of your playlist by using its laser lights. Also, you may control the laser intensity by using the Glow App on your iOS or Android device. Take control of your rhythm by pre-ordering one at US$169 (about S$235).

Image Credits: https://www.facebook.com/GlowHeadphones

Is AirAsia Flying Private?

Budget airlines enabled people of all walks of life to travel at their convenience.

If I asked you to name five budget airlines in Asia, it is no surprise that AirAsia will come to mind. Since its inception in 2001, AirAsia has become one of the biggest budget airlines in Asia with over 170 airbus jets serving nearby countries such as India and Philippines.

Taking the feeble regional aviation market and the struggling Malaysian economy into consideration, Tony Fernandes may find it hard to take AirAsia private due to the large funding needs. According to the analysts they would need approximately US$800 Million to make the budget airlines into private based on the 25% premium.

It is important to note that AirAsia’s sales are immensely translated in local currencies while its costs are mostly in U.S. dollars. This poses a problem since the floundering Malaysian Ringgit led to the lost of 17% this year. Also, as of June 2015, AirAsia had a net debt of 10.5 Billion Ringgit (US$2.4 Billion). Nonetheless, there are some investors who are willing to bet on Malaysia’s recovery and cheaper oil prices.

Fernandes had reliably backed AirAsia’s finances ever since. Last June, he said that the airlines could simply raise a billion U.S. dollars by creating sales and lease back of aircrafts. Furthermore, AirAsia’s valuations are more affordable than its smaller competitions. According to Thomson Reuters data, the budget airlines is trading at less than six times its expected earnings for the next year, while Philippines’ Cebu Pacific Airlines is trading at more than seven times.

This brings us back to the viable question of whether or not AirAsia is flying fancy any time soon. Let me conclude with the statement released by an analyst named Jian Bo Gan:

“The founders may not have the financial muscle to launch a privatization bid on their own, so a consortium together with another airline or PE fund is more likely.”

Image Credits: pixabay.com (License: CC0 Public Domain)

Sources: 1 & 2

Which Would You Choose: Money Or Passion?

“Let your passion serve as your energy source to keep you going.”

– Psychology Of Love, Money, & Life

As you may have noticed, I am a firm believer of following what you love in work and in life. Dedicating your life in search for that one thing you love and value the most is paramount. Even Philosopher Dan Dennett claims that it is the secret to unlocking happiness.

If I were asked to choose between money or passion, I would choose the latter. However, reality entails that some people fail in the process of pursuing their passion.

Let me start by discussing the benefits of following your passion…

1. DESIRE IS IMPORTANT IN VENTURING THE UNKNOWN

In venturing the unknown, it is important to do something head on with your desire. You can either be doing something you are passionate about or do something that will logically lead to the work you love. Only then will you be able to give your 100% without feeling like work is forced upon you. Furthermore, you will be more motivated to work for longer hours.

2. COMING UP WITH BETTER IDEAS

Your passion will ignite your creativity and resourcefulness. You can freely pour yourself to you work and come up with better ideas.

3. PASSION AIDS IN NEW OBSTACLES

When you are trying to attempt something new or face new obstacles in work, you do not want to give up easily. Well, passion aids in that as it acts as your motivation to keep you in your career path.

4. PASSION BREEDS FULFILLMENT

Passion will certainly give you a sense of fulfillment. In fact, research showed that people who make regular progress toward something they care about reported not only being fulfilled but also satisfied.

With its bountiful benefits, why do some people fail in the pursuit of their passion?

1. THEY FOLLOW WRONG ADVICE

Some people listen to the “so-called experts” that sells strategies to get rich quick. But let us face it, if money is your passion, you would have to work for it. There is easy way to get the pot of gold!

2. THEY DO NOT HAVE REALISTIC PLANS

To be successful while following your passion, you need to develop a well-researched realistic plan that covers all bases. You must understand what your “meaningful work” requires physically, emotionally, and financially.

3. THEY LACK COMMITMENT

Some people who quit their jobs to pursue what they love may not realize the amount of time and effort it requires. So when bad things happen, they lack the commitment and hard work to continue on.

4. THEY LACK KNOWLEDGE ON MONEY MANAGEMENT

If you cannot afford to do something you are passionate about then, you better contemplate on your decision. Before doing so, make sure that you can attend to your basic needs such as food and shelter (as seen on Maslow’s Hierarchy of Needs). To be financially successful, you need to appreciate and love money too, not just for the sake of making them.

Image Credits: pixabay.com (License: CC0 Public Domain)

After knowing all these, analyze the Pros and Cons and evaluate your situation while keeping in mind the cost of living comfortably in Singapore.

Sources: 1, 2 & 3

Do You Really Have What It Takes To Be A Trader?

Do you want to trade as a career but, you do not know where to start? How about you get to know yourself first?

Begin the journey by examining your relationship with money and life. Do you view life as a daily struggle or as an endless opportunity? Have you lost money recently through your daily activities and are you hoping that the financial markets will treat you better?

Wherever you are right now and whatever your belief system is, your personality will influence your perspective on your profits and losses. This is why it is important to include self-worth into the mix. Analyze your strengths and weaknesses and examine whether you have what it takes.

Marc Pearlman shared his observations based on his experiences as a professional trader and money manager. According to him, here are the tangible qualities that aid in success at day trading:

1. POURING HARD WORK

It is no surprise that hard work tops the list. Since trading is a skill, it needs to be developed through time. A lot of people view trading as a hobby or as a substitute to gambling however, this should not be the case. People only end up bad when they treat financial markets as casinos and not as businesses.

2. PRACTICING DISCIPLINE

Marc compared trading to going to the gym. For example, people may have been frequenting the gym and yet have no noticeable changes in a year. He says it is be due to the lack of discipline and goal-setting, which I agree on. Trading is no different. You must have discipline and concise strategy to reach your goal!

3. KNOWLEDGE IN PROBABILITIES

Making money through trading does not mean that you have to be perfect all the time by making right calculations. Instead, the key is to lose as little as possible when your call is wrong and gain as much as possible when your call is right.

4. LETTING GO OF THE DESIRE TO BE ALWAYS RIGHT

If you would rather be right than make money then, trading may not be for you. In trading, you cannot be right all the time! Furthermore, some may even be wrong more than they are right.

Image Credits: pixabay.com (License: CC0 Public Domain)

To accompany these desirable qualities, here is a website that I found that can help you test your skills in Mathematics, Logical Sequence, and more. You may adjust the difficulty by choosing either Easy, Medium, or Hard.

How To Stay Healthy Despite of The Terrible Hazy Conditions

Our air quality worsened on Monday due to the shift in the prevailing winds that brought denser haze from Sumatra. In fact, the 24-hour Pollutant Standards Index (PSI) entered the “unhealthy” range last Sunday according to the National Environment Agency.

For your knowledge, a PSI reading of 0-50 is okay, 51-100 is moderate, 101-200 is unhealthy, 201-300 is very unhealthy, and 301 and beyond is hazardous. At the time of writing, the 24-hour PSI readings from 1am-12am today ranges from 148-184. Yes! That is certainly unhealthy.

Short-term exposure to unhealthy haze can cause irritated eyes, runny or stuffy nose, dry or sore throat, headache, and fatigue. In some cases, it can even affect one’s heart and lungs that higher PSI readings can cause breathlessness.

So, how do you stay healthy despite the haze?

You must wear the N95 mask to ensure full coverage when you breathe. But, the best way is to stay indoors (with an air purifier and air conditioner) as much as possible!

While staying inside the walls of your home, you do not have to spend money or sulk in boredom. You can enjoy playing video games, board games, and a bunch of other activities like…

1. LEARNING SOMETHING NEW FOR FREE

Upgrade your knowledge and skills with the quality online resources that are available for free. There are two websites that I am fond of namely: Khan Academy and Code Academy. Khan Academy offers a myriad of courses and exam preparation modules. While, Code Academy offers classes in 6 different programming languages. You can definitely complete the course and be well versed in several programming scripts!

2. EARNING EXTRA MONEY

Use your free time to earn extra money by selling your underused and unwanted items on Gumtree or Carousell. Then, spend more time by cleaning up your closets and drawers in the process.

You may also complete some online surveys and get compensated with cash or redeemable rewards in websites such as My Survey and SurveyCompare.

3. QUALITY TIME WITH THE FAMILY

Lastly, use this valuable time to enjoy the company of your family. Catch up on the lives and the latest projects of every family member and indulge on a great session of cooking, games, or movies. These kind of moments are best spent with the ones you love. 🙂

Image Credits: pixabay.com (License: CC0 Public Domain)

Sources: 1, 2, & 3

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