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Lucy

@lucy_d

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Investing and saving is not the same thing.

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Aug 28, 2020

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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.

Lucy  (@lucy_d) - Profile Photo

@lucy_d

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Money

Buying for Others Makes Us Happier Than Buying for Ourselves

psychologytoday.com

  • Inflation is a situation of rising prices in the economy.
  • Inflation is a sustained increase in the general price level in an economy. Inflation means an increase in the cost of living as the price of goods and services rise.
  • The rate of inflation measures the annual percentage change in the general price level.

Definition of Inflation - Economics Help

economicshelp.org

The comfortingly handy corner shop
  • The British corner shop dates back to Victorian times and represents a humble but steady trade.
  • While there are obviously national/regional variations in set-up, the corner shop surely serves a universal, relatable need. Most of us have grown up around the comfortingly handy corner shop. These family-run shops are good for impromptu ingredients or sweets.
  • When so much suddenly changes about everyday life, we’re still innately drawn to whatever seems most familiar. The ubiquitous local store has emerged as a comforting landmark amid the chaos of the pandemic.

A cultural history of the beloved corner shop

bbc.com

Adam Smith: the father of modern economics

Adam Smith was an 18th-century Scottish economist, philosopher, and author. He is considered the father of modern economics.

  • Smith was born in 1723 in Scotland. He studied moral philosophy at the University of Glasgow and enrolled in postgraduate studies at the Balliol College at Oxford University.
  • After returning to Scotland, Smith held a series of public lectures at the University of Edinburgh and earned a professorship at Glasgow University in 1751. Later he earned the position of Chair of Moral Philosophy.
  • In 1763, he accepted a more remunerative position in France. There, Smith counted philosophers David Hume and Voltaire as contemporaries.

Adam Smith: The Father of Economics

investopedia.com

YouTube Vs TV

TV in the traditional sense isn’t what it used to be. The mediums watch-worthy content is less viewed on TV screens and more on the internet, especially on YouTube. 

Popular YouTubers are getting into mainstream TV shows not because they want to publicize themselves, but because the TV shows want more viewers from YouTube.

The Decade That YouTube Changed TV

wired.com

The January Effect

It is defined as a perceived seasonal increase in stock prices during January.

Analysts generally attribute this rally (a period of sustained increases in the prices of stocks, bonds, or related indexes) to two factors.

  1. A price drop happens in December - when investors prompt a sell-off due to tax-loss harvesting to offset realized capital gains - followed by an increase in buying in January.
  2. Investors use year-end cash bonuses to purchase investments in January.
Tony Robbins

It’s not about your resources, it’s about your resourcefulness.”

Personal finance tips that don't require frugality

medium.com

  • The primary component of the business model is the value proposition. A value proposition is a description of the goods or services a company offers and why they are desirable to customers or clients.
  • A new enterprise's business model also covers projected startup costs, financing sources, the target customer base, marketing strategy, a review of the competition, and projections of income and expenses.
  • When evaluating a company as a possible investment, the investor should find out exactly how it makes money by looking through the company's business model.

Business Model Definition

investopedia.com

A financial crisis

A financial crisis is often associated with a panic or a bank run where investors sell off assets or withdraw money from savings accounts.

  • Asset prices drop in value.
  • Consumers are unable to pay their debts.
  • Financial institutions experience liquidity shortages.

Financial Crisis Definition

investopedia.com

Both companies have always entertained consumers - from Miller's "President of Beers" and its mocking of the Bud Clydesdales and dalmatian to Bud's depiction of the Miller referees stealing beer.

Some of the ads went too far and were rejected by ESPN and ABC.

The 12 Most Intense Marketing Wars Ever

businessinsider.com

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