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Joanna
@joa71
We lose money
For most, extended warranties are bad investments, because we never use the coverage they pay for.
For a warranty to be worth it,
- Something needs to fail that is covered.
- We need to use the warranty during the repairs.
- The cost of the repairs should exceed the price we paid for the warranty.
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Alexis T.
@alexis_tt19
The Psychology Behind Real Estate Investing Risks: Do you have what it takes?
Real Estate Investment
Real estate is filled with wins and losses. It is not a guaranteed profit game.
Before you make your first investment, consider if you are ready to risk facing something like a subprime m...
Beginner Investment
Although real estate can be intimidating for beginners, you can start your journey with a few easy methods.
- Real Estate Investment Trusts: REITs enable you to buy shares in a company that works with income-producing real estate and earns high dividends.
- House Hacking: It involves buying a property with multiple living units where you live in one and rent out the rest for income that can pay off the mortgage or pay for maintenance.
- House Flipping: Buying cheap, underpriced homes, making renovations with as little as possible, and reselling it in the market for profit.
Risks Involved
- The Unpredictability of The Market: There is never a guarantee that you will make a profit when you make a sale.
- Credit Risk: When investing using leverage, the bank owns the property until you have paid the loan in full. If you are unable to pay your installments on time, you risk facing foreclosure.
- Depreciation: Generally, real estate property will increase in value, but it is not guaranteed.
- Negative Cash Flow: It is the result of a low occupancy rate due to bad tenants that cause destruction or irregular payments. Property with hidden structural problems could also cause problems.
- Liquidity Risk: If you need cash quickly, you cannot rely on the money you invested in property. Real estate is a long-term investment.
Vera
@vera_18
'We Are All Accumulating Mountains of Things'
Buying endless stuff
Before the internet, we had to set time aside to walk and browse a physical store, which was only open for a certain number of hours.
Now, it has become effortless to buy things online from a...
Dopamine and online shopping
According to research, we get a dopamine surge from buying stuff that causes us to want more and more.
Delayed gratification when the order arrives a few days later also makes is more physiologically rewarding than shopping in stores.
Online shopping
Some online shops have made it especially easy to shop with a one-click buying process. Most major retailers offer free shipping, and only one in ten consumers return stuff they've bought online.
Americans are also taking up more space with all the stuff they are amassing. Self-storage units are rapidly increasing too.
Noelle H.
@noe_vhh41
The untold truth of Oreos
Oreos: The best-selling cookies in the world
Oreos have been around since 1912. They are the best-selling cookies in the world and sold in over 100 countries.
When they were introduced in 1912, they were known as Oreo...
Oreo was not an original concept
Food scientist Sam J. Porcello invented the newer version of the Oreo. He was one of the world's foremost experts on cocoa and helped develop the extra indulgent chocolate and white chocolate-covered Oreo.
The original recipe for Oreo cookies contained lard (pork fat). With the changing climate of the low-fat 1990s, the lard was replaced, and the cookie became kosher and unexpectedly also vegan.
Unusual Oreos
- In 1984, The Oreo Big Stuf was launched. Individually wrapped, the snack was a massive 316 calories (a single Oreo contains about 53 calories) and took around 20 minutes to eat.
- Oreo cookies are also used in pie crusts, churros, and ice cream cones.
- In January 2017, Virginia-based The Veil Brewing Company released a version of their chocolate milk stout infused with real Oreo cookies. It was sold out within a week.
- Game of Thrones Oreo: One winter, a special edition Oreos came out embossed with the crests of the four remaining (at the time) houses. The cookie company went to the production company that made the main titles for GoT Elastic. The Oreo-meets-GoT universe took about 2,750 computer-generated Oreos with 20 million crumbs scattered throughout the Oreo-scape.
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