Music geek. Coffeeaholic. Travel advocate. Social media maven. Certified tv guru.
Oct 18, 2020
The brainchild of IKEA is the late Ingvar Kamprad, a Swedish businessman. He envisioned a store full of functional furniture that's easy to assemble.
He started his first business at age five. He bought matchbooks in bulk and sold them individually. When he was 10, he was selling pens, pencils, seeds for flower, and Christmas tree decorations. Kamprad started IKEA in 1943 when he was 17 years old.
It is a three-digit number that lenders use to assess your creditworthiness and your ability to pay your bills on time.
Investing is about 9 percent theory, 1 percent execution and 90 percent emotion management.
Not everyone becomes a multimillionaire, at least not in the short run. The good news is that there are a lot of financial opportunities in the world, and it is possible to build wealth using public markets as a long term investment. Investment requires managing our emotions, and not to be bogged down by the ups and downs of the volatile markets.
For those who are able to see your family in person this holiday season, you can save money by doing a white elephant gift exchange instead of buying gifts.
Another fun activity is cooking a special meal or playing old fashioned charades.
In 2009, Domino's ad campaign focused on a blind taste test for its new oven-baked sandwiches, claiming that its sandwiches beat Subway 2-to-1.
The people at Subway disagreed, and sent Domino's a cease-and-desist letter. Domino's CEO personally responded in a new ad. The feud died down a couple of months later.
Verizon ads compared the companies' superior 3G coverage to AT&T's with "There a Map for That." AT&T hit back with a series of TV spots attacking Verizon network's inability to browse the web while talking on the phone.
Then AT&T sued Verison over the accuracy of its 3G ads, which led to a countersuit. Both lawsuits were dropped.
The definition of wealth is personal. It may mean something different to everyone.
To some people, wealth is always going to mean money. But it's not that straightforward. 41% of people feel "wealthy" if they have meals out or food delivered. Services such as Netflix, Spotify, or Amazon Prime made life feel richer for 33%.
Two of the biggest innovations of modern times are cars and airplanes. At first, every new invention looks like a toy. It takes decades for people to realise the potential of it.
Human beings are not wired to grasp the concept of probability. A chance of winning a lottery, sometimes 1 in 175 million, is not something that bothers us.
The Lottery ticket, selling in billions per year, remains a popular sport in the world, and is something whose appeal has increased during the recent recession.
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