Why thinking about buying something makes us happier than buying it

Buying objects rather than experiences tends to disappoint.

Over and over again, the idea that you can’t buy happiness has been exposed as a myth. Richer countries are happier than poor countries. Richer people within richer countries are happier, too. The evidence is unequivocal: Money makes you happy. You just have to know what to do with it.

 

 

Continue reading… “Why thinking about buying something makes us happier than buying it”

Wall Street investors buying up distressed area single family homes

Hedge funds, Wall Street investors and other institutions are crowding out individual home buyers.

Wall Street investors are pouring unprecedented amounts of money into real estate hard hit by the housing crash, bringing those moribund markets back to life but raising the prospect of another Wall Street-fueled bubble that won’t be sustainable.

 

 

Continue reading… “Wall Street investors buying up distressed area single family homes”

Employees share their salary secrets

Comparing salaries among colleagues has long been a taboo of workplace chatter,

Brian Bader said at the orientation for a tech-support job with Apple Inc. that human-resources managers ran down the list of guidelines workers were expected to follow. Don’t use explicit language on calls with customers. Treat other employees with respect. And, he says, they told the assembled recruits, don’t discuss your pay with co-workers.

 

 

Continue reading… “Employees share their salary secrets”

The average CEO makes 380 times as much as the average employee

The average CEO makes more in an hour than his or her average employee makes in a month.

The rise of extreme income and wealth inequality is one of the biggest crises in the American economy.  One of the causes of the wealth inequality is the bizarre consensus that, when it comes to the pay scales of the people at the top, there’s no such thing as “too much.”

 

Continue reading… “The average CEO makes 380 times as much as the average employee”

Bitcoin: The revolution of digital currency

Several brick-and-mortar businesses across the US have started accepting the virtual currency.

Bitcoin is a cryptographic digital currency that is not underwritten by any government. Bitcoin is designed to be secure and can’t be counterfeited and can be used with anonymity because the software underlying the currency operates on  decentralized peer-to-peer network. What started out in 2010 as an underground currency for grey-market activities, has since grown to a $400 million worldwide market for buying everything from pizza to domain names. In an attempt to prevent inflation, the number of Bitcoins in circulation will continue to grow automatically at an ever-decreasing rate, according to the laws of its software, until reaching maximum of 21 million coins shortly after 2030. There are just over 10 million today.

 

 

Continue reading… “Bitcoin: The revolution of digital currency”

Top 10 countries with the most billionaires per capita

 

Monaco

According to the list of the world’s billionaires released by Forbes the United States isn’t even in the top 1o.  At the top the list is a tiny country with a relatively small but proportionally large number of billionaires.  That country is Monaco. Monaco has three billionaires—specifically, David and Ezra Nahmad, two brothers who are art “megadealers,” along with Lily Safra, the widow of a wealthy banker.

Discover the Hidden Patterns of Tomorrow with Futurist Thomas Frey
Unlock Your Potential, Ignite Your Success.

By delving into the futuring techniques of Futurist Thomas Frey, you’ll embark on an enlightening journey.

Learn More about this exciting program.