Saturday, November 30, 2019
Thursday, November 28, 2019
Wednesday, November 27, 2019
The Number One Question You Must Ask for Personal Financial Management
This has been notice that India facing extreme weather with past decades being the warmer and driest ever, which includes the vary rare instance of successive prolonged shortage of water in 2014 and 2015, but this period has also seen several instances of intense rain which flooded Mumbai, Uttarakhand, Kashmir in 2014 and Kerala in 2018.
'Due to global warming, frequency of rainfall as well as temperature extremes are increasing, and will go on increasing in the future,' said SK Dash, former head of the Centre for Atmospheric Science, IIT Delhi, adding that scientific models are required to assess the relationship between climate change and a particular weather incident.
Increase in the droughts and flood, particularly bad for farmers as they suffer from dry patches as well as floods, statistically the rainfall may appear close to normal over a period that includes both extremes like in part of Maharashtra in recent weeks.
'Need to be Ready for Such Conditions'
Dash said Mumbai has been vulnerable because it is located on the coast, but on the whole, the country must be ready to face such extreme phenomena.
'There should be preparedness in the future because incidents are only going to get more frequent,' Dash said.
Official weather data suggests that India has become much hotter in recent years. According to the India Meteorological Department (IMD), 2018 was the sixth warmest year in India since the weather office started maintaining records in the beginning of last century. "It may be mentioned that 11out of 15 warmest years were during 2004-2018. Past decade (2001-2010/2009-2018) was also the warmest decade on record," IMD had observed.
In the case of Mumbai, heavy rainfall is common, said M Mohapatra, IMD's director general of meteorology. "Every year during July and August, we get heavy rainfall at least two to three times. Last year. it was during August. In 2005, it was on July 26. It's natural. Mumbai is in such a geographical position that once there is an active monsoon condition, it will get extremely heavy rainfall," he said.
Being rich is more than about the dollar amount.Being rich is a state of mind. In a sense, you could be rich but still poor, and vice versa.
You can define “rich” in different ways. There are a lot of people who simply consider it as having a lot of money. For them, rich is equivalent to a being a millionaire.
But rich can also be psychological richness. It is an achievement of being able to live without the worry of money. You don’t necessarily need to own a castle to be considered rich. Everyone can be rich as long as we are able to do what we desire freely and to have the fulfilment in life. The key of it is to live with or even less than what you have. To be “normal” even when you are financially capable to do a lot more.
You might have your own preference on which definition suits you better, but here are some ways on how to get rich. It may help you achieve either (or both) of them.
If you want to become really really rich, make bold moves.It’s an ambitious goal to become a very rich person, and if you’re aiming for that, do something big, and make some great changes in life.
1. Exploit your skill as a self-employed expert and invest in it.Make it your goal to do one thing better than anyone: Work on it, train it, learn it, practice, evaluate and refine it. You may find most sports-players or entertainers are millionaires, and that is because they are utilizing their skills fully. If there’s something you’re good at, it is likely you can reap considerable rewards out of it.
It is the same concept of being the top of a particular field. When you are the best at something, you find that opportunities come to you. To become an expert of something, it is crucial to never stop improving. Successful people invest time, energy, and money in improving themselves, and it might just be the most rewarding investment you can ever make.
To get started, figure out what skill you want to cultivate. Make a list of the world’s ten best people at that one thing, and use this list to define criteria and track your own progress toward becoming the best.
If you’re a writer, for example, you might consult the New York Times Bestseller list, and identify the ten successful authors that you admire the most. Learn more about these writers, what they did to be successful, and read some of their work. Invest the time and energy in improving your own craft, by looking at successful past models.
2. Hit $100K, then invest the rest.Everyone wants to be a millionaire. But a goal like this isn’t something you can easily achieve in a short period of time. Aim at saving $100K first.
The small amounts you save daily is powerful. You might only be able to put away $5 or $10 at a time, but each of these investments are your financial foundation.
3. Be an inventor and consider it as an opportunity to serve.Stop thinking about making a lot of money and start thinking about serving a lot of people. If you think about what people need, or things that could improve society, your insights will have more impact. Not only that, you could be the first to produce a trending product in the future.
When you start to serve a lot of people, the effect of word of mouth is magnified – not to mention, you’ll have much more helpful feedback to improve what you do.
Having the patent of a popular invention could be the fast-lane ticket to prosper. Just look at Snapchat.
It would definitely be challenging, but consider it to be a way of serving, to benefit those who actually need your invention. No business is successful without the support of the public. Rather than squeezing every single dollar out of your customers, show them you are actually working to make them better.
4. Join a start-up and get stock.Using the same potential consideration of start-up in the above points, owning stocks of one or more start-up companies could be a valuable investment if the company thrives and either floats or is sold to a larger enterprise.
Only a small minority of start-ups succeed in realizing large capital gains, so the odds are not good. However, you can use your judgement to see which business idea and which management team are likely to succeed. Early employees in Apple, Google and Microsoft became millionaires on this basis.
5. Develop property.Buying, developing and selling property has always been a major way for people to accumulate capital.
Borrowing could be a key element in this method. Say you borrow $200,000 and put in $50,000 of your own to buy a property for $250,000. Then you develop the property and sell it for $400,000. The property has increased in value by 60% but your $50,000 has now grown fourfold to $200,000. You have to select the right properties in the right areas and develop them wisely.
You are at risk from booms and busts in the property market. However, in the long term this remains a proven way to accumulate wealth.
6. Build a portfolio of stocks and shares.If you can make steady investments in stocks over a long period, choose wisely and reinvest the dividends then you can build a large store of wealth. Of course stocks can go either way and many small investors lose heart when their portfolio plunges.
But over the long-term, equities are as good an investment as property and much more liquid. Stock market crashes represent great buying opportunities for those with cash and strong nerves.
7. Start your own business and eventually sell itMore and more startup have seen success with great return in recent years. If you can find a new approach towards a specific corner of the market and build a business that addresses that need, then you have a potential of success in it.
It literally can be anything: a cleaning business, a food delivery service, or a blog. It will probably take years of very hard work to build up the enterprise. All entrepreneurs will have to endure great risk and stress. But if you can pull it off, the potential rewards are huge. This is how many of the seriously wealthy people did it.
8. Find a job in the right vehicle.Choose a job of your interest – do what you love and love what you do. No one succeeds in doing what they hate.
You might have to start at the bottom and work your way up. But chances are, if you love what you do, it’s easier to make that happen. You’ll actually enjoy the process of getting to the top.
Earn the experience through different levels of work and when you feel like you have gained all that you can from it, consider moving on in other companies would widen your horizon on different business cultures. Putting more experiences in various positions would make you a more valuable asset for companies and making you a better option for higher rank duties.
Consider how the rich are able to get in with the right companies, where there are plenty of opportunities for growth. Seek places where you can grow your skill and and are able to multiply your monthly income many times over
9. Cut your expenses.The biggest problem in some people’s path of getting rich is that they always spend more than what they earn. Living below your means will be the easiest to get rich.
Consistently track your progress on how much you’re spending. Use an app or simply an Excel spreadsheet to make sure you always know how much money you have what where it’s going. This gives you a proper place to review and refine what does and doesn’t make sense in terms of your spending.
Start cutting the unnecessary spendings in your life. Do what you can to reduce your bills: make sure you turn off the lights, plan meals to save at the grocery store, and be disciplined about eating in. Focus your life with only the necessities and in no time you will be saving a lot more than what you previously did.
Monday, November 25, 2019
Samsung Galaxy Fold Summary
Samsung Galaxy Fold smartphone was launched in February 2019. The phone comes with a 7.30-inch touchscreen primary display with a resolution of 1536x2152 pixels at a pixel density of 326 pixels per inch (ppi). It also features a 4.60-inch touchscreen as its second display, with a resolution of 720x1680 pixels at a pixel density of 399 pixels per inch (ppi),.
Samsung Galaxy Fold is powered by a 2.84GHz octa-core Qualcomm Snapdragon 855 processor. It comes with 12GB of RAM.
The Samsung Galaxy Fold runs Android Pie and is powered by a 4380mAh non-removable battery. The Samsung Galaxy Fold supports wireless charging, as well as Quick Charge 2.0 fast charging.
As far as the cameras are concerned, the Samsung Galaxy Fold on the rear packs a 16-megapixel primary camera with an f/F2.2 aperture and a pixel size of 1.0-micron; a second 12-megapixel camera with an f/F1.5/F2.4 aperture and a pixel size of 1.4-micron and a third 12-megapixel camera with an f/F2.4 aperture and a pixel size of 1.0-micron. The rear camera setup has autofocus. On the front, the Samsung Galaxy Fold packs a 10-megapixel primary camera with an f/F2.2 aperture and a pixel size of 1.22-micron and a second 8-megapixel camera with an f/1.9 aperture and a pixel size of 1.12-micron.
The Samsung Galaxy Fold runs One UI based on Android Pie and packs 512GB of inbuilt storage. The Samsung Galaxy Fold is a dual-SIM smartphone that accepts Nano-SIM and eSIM cards.
Connectivity options on the Samsung Galaxy Fold include Wi-Fi 802.11 a/b/g/n/ac/Yes, GPS, Bluetooth v5.00, NFC, USB Type-C, 3G, and 4G (with support for Band 40 used by some LTE networks in India) with active 4G on both SIM cards. Sensors on the phone include accelerometer, ambient light sensor, barometer, compass/ magnetometer, gyroscope, proximity sensor, and fingerprint sensor. The Samsung Galaxy Fold supports face unlock.
The Samsung Galaxy Fold measures 160.90 x 62.80 x 17.10mm (height x width x thickness) and weighs 276.00 grams. It was launched in Space Silver and Cosmos Black colours. It bears a metal body.
As of 25th November 2019, Samsung Galaxy Fold price in India starts at Rs. 1,64,999.
- You’re homeless
- You have no money
- You have no food
- You have no clothes
- You live on handouts.
- You live on relief
- You have no job (Otherwise, you would not be homeless.)
- You have a brain
- You have an education
- You can communicate
- You’re not a disabled person
- You have both hands and legs
- If you have a past qualification or experience or anything at all, that’s a bonus
- Forget about becoming a millionaire
- Focus on getting a job
- Change your mindset (Difficult, but possible)
- Ask people to donate some clothes (You’ll have to be very polite about this. Tell people a believable story. Some people will sympathize with you)
- Clean yourself up (Nobody will offer you a job if they learn you’re homeless)
- Register at the nearest labor office
- Draw a list of 50 shops, hotels, restaurants and department stores around your area
- Walk (don’t call) to each one of these shops or department stores and ask for any casual job as a laborer, cleaner, packer, delivery boy/girl, etc.
- Walk to each home around your area and ask for any casual job as gardener, laborer, etc.
- What’s important is to start from somewhere and have some cash in your pocket
What are some realistic ways to get rich in 5 years? I'm 25 now and want to hit around 200k USD by the age of 30. What are my options?
I find very useful article as an answer on Quora shared by Mr. Barun with his experience.
Lets have a look into it:
- You don’t want to get out of your comfort zone.
- Rich always want to control the poor. “That’s why they don’t want you to get rich.” Does your boss want you to be in his position? No.
- Nobody shares the secret after getting rich because they don’t want you to have more control than them.