72 STASHED IDEAS
A new study involving 788 participants showed that those who donated money were happier than people who kept the money for themselves. Those people who opted for prosocial rather than personal spending were most happy when this decision was made for them.
But those who changed from keeping the money to donating it had the greatest happiness boost.
The ideas in "The wealth of nations"(Adam Smith) provided the seed for the concept of GDP and altered the importing and exporting business.
Before, countries declared their wealth based on the value of their gold and silver. Smith argued that countries should instead be evaluated based on their levels of production and commerce. This concept was the foundation for creating the GDP metric for measuring the wealth of a country.
Besides tax-loss harvesting and repurchases, and investors putting cash bonuses into the market, the January Effect is affected by investor psychology.
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