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Showing posts from February, 2019

Warren Buffet - Increase your focus to get your perspective !

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If you should take career advice from anyone, Warren Buffett would be a good man to listen to. He's considered one of the most successful investors of all time, and is consistently ranked one of the wealthiest humans alive with a cool $76.8 billion. Yes, that's billion, with a B. His advice for career success? It's all about lists. Inside Buffet’s Brain - According to the renowned billionaire, your career success is waiting for you in two separate lists. Buffett's two-list strategy for maximizing focus and achieving your goals has a little backstory attached to it, as reported by Scott Dinsmore. The story starts with Mike Flint, Buffett's personal pilot of 10 years. When Flint was talking with his boss about career priorities, Buffett stopped him right there to guide him through a three-step exercise. Feel free to follow along and try this at home, kids. 1. Write down your 25 top career goals. Or, for a more short-term version, jot down the 25 t

The Next Generation of Money - Bitcoin ?

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Most of the time, sending money is risky. If you want to pay your rent or invest in the stock market or even send somebody Rs.710 for pizza in a phone app, there isn't a lot to stop a hacker from taking that money for himself. Every transaction must run through a central institution, and all it takes is a weak link in that institution's security to leave your finances and personal information up for grabs. But with the advent of blockchain technology, financial transactions are becoming fast, secure, and difficult to hack. Is Bitcoin a Blockchain ? Part of the reason blockchain works is because it's democratic: anyone can pitch in to ensure the network's security — and get some money for the effort. If you don't believe us, check out the video below about a Bitcoin mine in China . At that mine's peak, it was generating 100 Bitcoins a day. The mining operation has six sites. At today's valuation, that's a combined output of more than Rs

How American's Maintain Money - Balance Sheet (Assets - Liabilities)

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A wise man once said, "Got my mind on my money and my money on my mind." For a lot of Americans, that's just a fact of life. Doesn't matter if you're struggling to make ends meet or if you're literally Scrooge Mc Duck — everybody has to factor in both their income and their expenses if they are going to make it in this world. But what's the overall shape of the ledgers in United States households, and how does yours stack up to the average? Balance the Budget - According to a report from the Bureau of Labour Statistics, the expenses of the average household in the United States are higher than ever. The good news is that the average household income increased even more. Using data from 2016 (the most recent full year on record), the Bureau found that the average U.S. household income is $74,664 per year (an increase of 7.2 percent from   2015), while the average household expenditure has increased to $57,311 (only 2.4 percent more than t