Financial literacy

How to get financial literacy

Your financial literacy is your ability to make financially sound decisions. You were not born financially smart or stupid; your financial knowledge or ignorance has been developed over a period of time. I guess you’re not ignorant, otherwise you wouldn’t have read this. So, without further ado, here are ways to get financial literacy.

Your own experience

There is no better teacher than your own experience, but that doesn’t mean you have to go ahead and make all the possible mistakes. It is more a case of using your personal opinion based on your knowledge and the advice of others, but you will make mistakes along the way; it is part of the learning process. The point is from whom you are going to take advice and whose advice to treat with a pinch of salt.

A great way to get financial literacy is to register on one or more online stock market platforms where you can buy and sell stocks online. Only a minimum amount of money is required to participate. In New Zealand, is one such platform, but far from the only one. Similar trading platforms are available in other countries.

Experience others

An easy way to learn from the mistakes of others. All you need to do is keep your eyes open; many people do not do this and instead follow others like sheep. This is not necessarily the best way. In fact history has taught me that following the crowd is often the wrong way. A classic example is the stock market when the stock is overvalued because so many people jumped on the bandwagon and bought the stock of that particular company because everyone else is doing it. Young people without experience in the markets are prone to this mistake.

It is necessary to go against the crowd; which means you are looking for deals in the markets, be it gold, stocks, property and so on. You should not feel what others are feeling when you have the opportunity to evaluate what is a good investment and what is not.

Be prepared to listen to what the older generation has to say. Many of their opinions will be based on their own experience.


Ignorance is no excuse, as your local library will keep books on finances. There are wonderful books on finance. I recommend some of them: “Rich Dad, Poor Dad” by Robert T. Kiyosaki of Sharon L. Lechter. They have several other books that are recommended to read. “How to be rich and happy” by Hans Jacobi, a wellness coach in Australia, is another book I recommend. Hans has also published several other books: “Underground Knowledge” and “Proper Verification,” two of them. “Making money is easy,” written by Australian financial advisor Noel Whitaker, is a good read. Mary Holm and Martin Howes are other great financial authors.


There is a lot of information on finance and investment on the Internet; a simple Google search will lead to them, but like listening to your peers, you should use your own judgment when evaluating information from certain sites and how it relates to your personal situation. Martin Howes and Mary Holm are reputable advisors with good websites.


Most newspapers contain financial information and should be read. Cut out articles that interest you; they read well in a year or so.

How to determine that someone is an entrepreneur

One thing defines an entrepreneur – constructive action.

As a rule, they are sellers – they do * everything * to make people buy their things. We all have an image in our head; “Dealer” choosing any opportunity to try to use (and other people) for profit.

Indeed, the term “entrepreneur” seems to have moved into the modern lexicon – from “what you did” (usually to improve people’s lives) to a mixture of “crazy swindler” and “one who does not” follow the rules “” .

In fact, there could be no modern meaning further from the truth.

Entrepreneurship is not vocation or job. It’s not a label you put on yourself to make yourself more appealing to a particular party or clientele … it’s way do things.

Many “entrepreneurial” types actually have jobs. They never admit that they are “entrepreneurs” even though they show all the traits of one. The question is, what are these traits and whether you – or someone you know – have them.

What is an “entrepreneur”?

Entrepreneur is a word that comes from the French language, which freely describes “problem solver”.

Although its hue has changed over the years, the premise persists – the “entrepreneur” is the one who creates the “widget” and has the ability to encourage other people to buy it.

What this “widget” is can be a commercial product, service or the idea.

It’s really interesting … some of the greatest “entrepreneurs” history really had nothing do with money. They were completely focused on the development of a “result” and wholeheartedly devoted themselves to its implementation.

Whether it meant the conquest of the Persian Empire (Alexander), the development of the light bulb (Edison) or the creation of stable PC systems (Gary Kildal), the conquest of the Aztec Empire (Cortes), the term “entrepreneur” indeed denotes one who wants to build something.

THE BIG difference between “original” entrepreneurs and a group of New Age idiots (who usually exalt a hedonistic lifestyle + seem to be fond of “crypto”) is that the former are usually committed to one profession and know how to “leverage” that through development more and more ambitious “projects”.

These projects can be any … but they are all had the basic “basis” of existence. It was this reason that forced the creator to keep trying and keep going, even if it was doubtful “maybe it was” or not. Obviously, the reason we remember them is that they not only found it “possible” but also doable … hence their success.

How to say someone alone

A typical sign – they will do amazing things …

  • interest in esoteric ideas

  • pursuit of interests not directly related to the accumulation of wealth

  • strong manifestations of passion for certain subjects

  • exciting nature with different ideas (attempt to recreate historical events, etc.)

The fact is that the real entrepreneurs do not care about money in general.

Their primary task is to create “things”. What kind of thing it is is determined either by their character or interests … but in each when someone was very successful, they were completely and utterly focused on doing “their” thing no matter what.

This is actually important.

In today’s world, it seems that every 18-year-old man wants to be an “entrepreneur” – as a sign of honor or something like that. If you don’t “grow up”, you “die” … right?

The truth is that our society is so focused on convenience that most of these money idiots have absolutely no business even considering themselves “entrepreneurs”.

They have no experience or skills only cling to the latest “whim” to avoid the mediocrity that has permeated Western consumer culture.

Entrepreneurship usually follows YEARS of interest in a particular subject. It is usually a huge investment of time and energy in cultivating skills, experience and “participation” in a particular space.

The most important thing – entrepreneurship – is to do something “in their own way”.

Stay away from modern idiots

The biggest problem I see all the time in the treasuries of idiots is that they ALL follow “books” or some other “rules” about “how” to be an entrepreneur.

I see it all time … guys reading all biographies, neural studies, the latest books of the great rich fat cat – all this is trying to reveal the “secret” of great success.

The irony is that all of these things only work “on the side” of the issue – the same people who read all the “materials” end up with SIMILAR questions … “what am I selling?” – “How do I know if I’m going to make money on a product?” – “what is it secret get rich? “.

  • If you have to ask “what am I selling”, you are not an entrepreneur.

  • If you have to listen to what a “successful” person says on the subject, you are not an entrepreneur.

  • If you have to consider all the “rules” that others set out, you are not an entrepreneur.

The fact is that the modern world is full of wanting losers. Even the “successful” aren’t really successful – they may have made a lot of money, but what are they really to achieve? The response is relatively small (or even nothing).

The truth is that if you want to “be” an entrepreneur, you need to get a job.

EVERYONE has their own job. Some of them are models. Some of them are footballers. Some of them are programmers. Some artists.

The “trick” is to do EVERYTHING to move forward into the industry; if necessary, clean the floors.

Once you start getting some progress, “entrepreneurial” things will appear levers any progress made within it – either to create and sell a product, or to help the market better assess the potential of another device / product.

Traits of “real” entrepreneurs

  • Quiet (or at least reserved)

  • Fully capable of embracing failure (indeed, using this as an incentive for change / adaptation)

  • Works constantly on different elements in your “industry” (again, everyone has a place)

  • Not afraid social constructions (just because someone said it wasn’t true)

  • Laser focuses on what “they” want to do (Do you want to bring sustainable agriculture to Africa? This is the type of thing that a “real” entrepreneur will do)

  • Not afraid give freely (most types of “entrepreneurs” are not tied to money at all … usually don’t have much until they find mercantile success)

If you haven’t worked it out, the core is the goal.

In today’s world there is very little emphasis on goals; rather it focuses on performance.

There’s nothing wrong with that, but it deprives most people of their passion. This is good for GDP and McDonald’s, but bad for creativity that is hidden in a lot of people.

If you want to adopt “entrepreneurial” traits, the key is to adapt to a specific “goal” through which you can invest your completely of life.

If you just look at Ferrari and think that you “as if you want to get rich” – entrepreneurship will not go. This is Fr. very a difficult road from which only the most resilient and enduring survive.

You need to get to work, and only then will you discover the hidden opportunities to which you will be able to apply your experience, expertise or network to create something truly valuable to the world. This real value is then absorbed by the market, which will either pay richly for it – or reject it. This largely determines whether one can be considered an “entrepreneur” or not.

Why mental resilience is much more important than physical

Mental health

Psychological fitness is a scale of psychological relaxation or absence of mental illness. It is “the psychological situation of anyone who functions in an appropriate degree of emotional and social adjustment. In terms of constructive psychology, intellectual health may also include the individual’s ability to indulge in life and create stability between existence and what to do, and efforts to achieve psychological flexibility. The Health Organization (WHO) argues that intellectual fitness includes “personal well-being, apparent self-efficacy, independence, ability, interdependence, and self-realization of one’s intellectual and emotional potential, among others.” WHO further declares that the well-being of the character is concerned with awareness of their abilities, overcoming the usual tensions in life, creative work and participation in their group. Social differences, personal assessments, and conflicting professional philosophies all affect how “mental health” is defined.

Mental health is a subtle movement of rational role that evokes innovative actions, achieving interactions with other people, and the ability to adapt to change and cope with difficulties. The term mental illness collectively refers to all diagnosed mental illnesses – health conditions that are viewed using shifts in thinking, attitudes, or overall performance associated with difficulty or reduced work. An individual who wriths with his intellectual training may also experience this due to stress, loneliness, depression, anxiety, relationship problems, loss of life of a cherished person, suicidal thoughts, grief, addiction, a number of mood disorders or various intellectual illnesses of varying degrees. as good as familiarity with disabilities. Counselors, psychologists, psychiatrists or doctors can help manipulate mental illness through tools such as therapy, counseling or medication.

Mental health can be seen as an unstable range when an individual’s intellectual fitness can have many unique possible meanings. Mental well-being is considered a remarkable feature, even if the character does not have a known state of mental fitness. This definition of mental health focuses on emotional well-being, the ability to remain a full and advanced life, and resilience to cope with certain life challenges. Some discussions are expressed in slogans of pleasure or happiness. Many useful self-help systems and books review strategies and ideas that promote techniques and strategies that are rated as high quality to further improve mental health. Optimistic psychology is gradually becoming more prominent in intellectual health. Intellectual fitness typically includes standards based entirely on personal, educational, psychological, religious, and sociological views.

The most common mental illnesses in children include Attention Deficit Hyperactivity Disorder (ADHD), autism and anxiety disorder, and depression in older children and adolescents. When a child has anxiety disorder, they avoid social cooperation and associate many ordinary things with deep fear. It can be horrible for a child because he essentially doesn’t understand why he is doing so and thinking. Many scientists say that parents should be attentive to their child when they see something strange in him. When children are evaluated earlier, they become more accustomed to their illness, and treating it becomes part of their daily routine. This is different in adults, who may not improve as quickly because they find it harder to acclimatize.

Mental illness affects not only the person but also the people around him. Living with a mental disorder is difficult, so it is always important to have people, friends and family around who play a very important role to make life a little easier. However, there are negative factors that are accompanied by the social aspects of mental illness. Parents are sometimes blamed for their child’s illness. People say that parents somehow raised their children or learned their behavior. Family and friends are sometimes embarrassed to please someone with the disorder, in which case the child feels isolated and thinks they need to hide their illness from other people. Such behavior hinders the child’s social interaction and treatment.

Mental illness is more public than cancer, diabetes or heart disease. Stigma is also a known aspect of mental illness. Stigma is a sign of shame associated with a certain status, preference or personality. Stigma is used especially when it comes to the mentally handicapped. Avoiding disorders at a young age can significantly reduce the likelihood that a child will be affected later in life, and this will be the most effective and realistic dimension in terms of public health. Prevention may require regular doctor sessions at least twice a year to experience any signs that indicate mental health concerns.

Mental health is a socially created and socially demarcated concept, meaning that the various humanities, assemblies, philosophies, institutions, and businesses have very different ways of theorizing their environment and causes, defining what is mentally healthy, and defining what patronages are. if any are appropriate. Thus, different pros will have different ethnic, class, political and religious upbringing, which will affect the procedure applied during the event.

Unemployment has an undesirable impact on hot health, self-esteem and more significantly on their mental health. It has been shown that aggregate unemployment has a strong impact on mental well-being, mainly on gloomy diseases. This is an important issue when studying assets for mental health disorders in any population survey. To restore emotional mental health, it is necessary to find out the origin of the subject. Prevention emphasizes avoiding aspects of risk; The campaign aims to enhance personal skills to achieve a positive sense of self-esteem, skill, comfort and social presence. It is important to improve your emotional mental health by coexisting with positive associations. Individuals feed on companies and contacts with other people. Another way to expand your emotional mental health is to contribute to achievements that can allow you to relax and give time to yourself. Exercise is a great example of actions that calm your body and nerves.

Emotional mental illness is a major cause of ill health worldwide. Studying the extent and severity of gross emotional mental disorders worldwide is a critical task of World Mental Health (WMH). These disorders are most important for low- and middle-income countries because of their inability to provide appropriate services to their citizens. Despite modern treatment and recovery of emotional mental illness, even economically privileged citizens have conflicting needs and financial constraints.

Prevent 3D fakes to ensure royalty influx

One problem for writers like me is that when you publish a digital copy of your work, virtually anyone can copy it and use those words or run those words through derivative software and steal it. That is why DRM or Digital Rights Management software was created. Many believe that such a strategy can be used for 3D code printing, which gives the designer or the company that owns this product, a royalty guarantee in the production of their parts.

You may already see problems. In writing, anyone can take a book, scan it, then make it digital, and then get it, which means he can strip it up, steal it completely, or modify it enough to avoid detection by copyright checking software. Well, what if someone uses a 3D scanner to scan a part or object, thus digitizing it, and after digitizing just sells the code to others for 3D printing, essentially they stole the design. This cannot be prevented and this leads to all sorts of dilemmas in quality, brand reputation, loss of income for the designer or patent owner.

Police management of this problem is about as difficult as the police behind counterfeit clothing with a fake label, see this item. However, many thinkers are now busy working on this problem, let’s discuss one of the possible solutions considered so far?

There was an interesting article in Manufacturing News that discussed issues with hackers and counterfeit thieves who steal code on 3D-printed parts, allowing others to steal those parts without paying royalties. The new concept is to make flaws in the code to prevent counterfeiting that the faulty code will be removed before printing, but only under a certain set of conditions will counterfeiters make the item flawed but make it useless and the user then spend the material. with defective part.

Wow, this is a pretty interesting and perhaps good strategy, however it can also wreak havoc on an important part of a fraudulent client. What if an item is an important part, say, for a car, part of a brake system, then what if someone buys that item believing it to be genuine, then that item will fail, leading to an accident, and passengers will get sur ‘injuries or even die? Then one could say that the original parts manufacturer knew about the flaw and sabotaged the hackers of its code, knowing that this part could fail.

Who is to blame now? Of course, there are several culprits: a hacker, a manufacturer of a counterfeit product, a seller of counterfeit goods, and the original designer and / or producer of code for 3D printing for a product with a targeted and malicious flaw in the code.

Will national defense companies start doing this, and our copying opponents will have their high-tech fighters, missiles, smart ammunition and helicopters crash? Will they, in turn, try to introduce malicious code into our 3D parts they have already started? Will 3D printing providers need to adopt a cryptocurrency-type strategy to ensure the authenticity of the pre-print part to counter hackers – the stakes are high and so they will have to do something about it.

Suffice it to say; the future of production becomes very interesting if you ask me? And, I know you don’t, but thank you for reading this article anyway.

The best technological trends in insurance

Technology is evolving rapidly, and many insurance companies have to keep up. The main priority of the insurance company today is profitable and sustainable growth, and for this the leading insurance companies are taking all possible measures to introduce innovative methods and the latest technologies to improve business processes and streamline old applications.

“Digital natives” are and will continue to dominate the workplace, with huge implications for agents and brokers seeking to interact with clients and grow their business. As the millennium generation matures and enters, purchasing power, digital and more automated ways of doing business will become a fundamental part of everyday work processes.

From the growth of mobile users and cloud technologies to social networking, Deloitte’s 2016 Technology Trends study for insurance agents explains that insurance agents finally understand the need to be more agile, efficient and affordable to serve today’s customers.

In addition to this there is a complex regulatory environment that continues to add more regulation to optimize the insurance sector. A recent Deloitte report notes that such rules no longer apply between state and federal entities, but are a hybrid of regulation by U.S. insurance companies and state governments to ensure the effectiveness and adherence to standard procedures of state and federal agencies.

As a result, insurance agents not only feel pressured to digitize their workflow, but also need to streamline business processes to make the cost of doing business more efficient and comply with these rules.

While 63% of insurance companies report they are ready to move to more digital practices, only 23% of those companies are ready, according to a joint study by Forrester and Accenture.

To speed up this process and ensure a successful transition to digital workflows, there are a few key trends that insurers should and should adopt.

Upgrade legacy systems to increase operational efficiency. Due to the fact that the activity is distributed over a geography that spans decades, insurance companies are slowing down outdated systems, outdated technology, leading to high maintenance costs. The proliferation of modern technologies, such as mobile and cloud computing, has changed the way organizations do business. Instead of being left behind, insurance companies have come to take advantage of the latest technology and upgrade their old platforms to increase operational efficiency given consumer flexibility.

The use of cloud and local infrastructure – IT teams in the insurance sector have struggled with what information regulators are allowed to store in the cloud compared to local. A recent TrustMarque report states that many insurance companies use 40 years of administration technology designed to manage the claims process, which hinders innovation. In addition, insurance agents are far from instantly replacing such mainframe technology.

As the insurance sector adopts a more streamlined workflow, we can expect a significant increase in the use of technologies that can be managed through hybrid cloud and on-premises, providing maximum flexibility for customers and strict adherence to ever-changing government regulations in the insurance environment.

Artificial Intelligence – Artificial Intelligence (AI) helps insurance companies develop systems that can perform tasks that previously required human intelligence and manual processing. With the advent of artificial intelligence in the insurance industry, insurance agents can now rely on sophisticated systems for the accuracy, efficiency and seamless automation of existing customer service, underwriting and claims processes. In the coming days, artificial intelligence will become more destructive and will be used to identify and assess emerging risks.

Blockchain – The insurance sector is also focused on Blockchain technology to empower the future. Thanks to a distributed accounting system, smart contracts and irresponsible capabilities, it can act as a common infrastructure that can transform multiple processes in the insurance value chain. This will not only simplify paperwork and improve verification, but will also help the insurance industry significantly reduce costs. It will also reduce cases of fraud with valuables. Some major life insurance players have already taken steps to experiment with blockchain-based solutions throughout the value chain. John Hancock, for example, evaluates the evidence for the concept of employee rewards.

Predictive Analytics with Machine Learning (ML) – Using predictive analytics with ML, insurance companies can unleash the power of intelligence to process complex variable data sources into relevant data for effective understanding. This would help them predict what might happen next and what the best solution should be. As for the insurance industry, customers are offered prognostic advice to facilitate 24-hour customer service.

Strong reliance on IoT and big data – the insurance sector – is a data-driven industry that generates countless data – both structured and unstructured. As such, insurance companies are counting on the Internet of Things to accumulate more and more information about their customers ’behavior.

Big data analytics helps insurers make important decisions based on analysis of accumulated data. For example, data accumulated from wearable medical devices allow insurers to monitor customer activity to offer discounts on healthy customer activities.

Switch to mobile to offer services on the go. With the growing use of smartphones in both developed and emerging economies, the insurance industry is steadily introducing mobility as part of its business strategy. With mobile apps, customers can easily request a policy quote, find an insurance agent, calculate a premium or retirement income, and store policy information. Insurers just can’t ignore the benefits that mobile apps give in building a brand. With the growth of Internet consumption through mobile phones, customers can get involved through social networks and various other ways of communication.

Offering Innovative and Personalized Services Through Digital Touchpoints – Customers in the insurance industry are driven by a variety of policies and their premiums, and the rate of disappearance is high as they have multiple options to choose from. To retain their customers and build deep relationships with customers, insurance companies invest in customer engagement activities using a variety of digital points of contact, such as the Internet, mobile, social media, email, etc. For example, insurers help customers develop and protect their assets such as homes, vehicles, wealth and health, usually in partnership with other service providers. Such digital services are provided through the development of a digital strategy.

Automate regulatory compliance requirements. Because insurance is a highly regulated industry, insurance companies need to incorporate regulatory compliance into their business processes. In addition, they must quickly maintain their processes under the new rules as they are adopted. Automating regulatory compliance helps insurance carriers gain immediate access to information, ensuring that processes are performed consistently, minimizing the risk of non-compliance. Automation also provides the necessary information for reports and documentation of a specific task performed. Modern systems facilitate regulatory automation, while allowing for changes in accordance with regulatory requirements compared to older systems.

These were a few trends that could be the catalyst for a more efficient insurance company and more customers.

It always makes more sense to spend a penny rather than a dollar, that is – focus more on satisfying and attracting more customers and leaving your worries to an IT managed service provider who understands your business and customer and has enough familiarity with the domain. Feel the same? Let us know, as we are one of the leading companies in the field of IT services dealing with the insurance sector.

Is my bank safe?

The recent collapse of banks around the world has caused fear in all, including us Indians. Some questions that arise in people’s minds include: What will happen to banks in India? Are they crashing? Can they crash? How can I sleep peacefully when I doubt the stability of my bank?

While we still remember well how our grandparents discussed banks as the safest place to store money, suddenly the whole idea seems outdated, as do some of their ideologies! So orthodox, so no risk! Why can’t they understand that we are the “X”, “Y” or “Z” generation that will lead India to superpower ?!

Orthodox, prone to risk … do these words mean anything in relation to banking? It does not take long to understand that these two words have ensured that the Indian banking system and Indian banks have survived the global crisis and continue to do so.

What does that mean?

The Indian banking system has largely evolved from business families or groups of business families that come together to create a bank. Indian businesses have historically been risk averse and are very calculated in their business dealings. Thus, the same philosophy was passed on to the banks they founded, and in turn, it defined the Indian banking system, a system that did not want to grow seeds, but steadily, step by step. This meant that there was never too much pressure to increase business by taking unwarranted risks.

This philosophy is also the reason why it used to take months and sometimes years to get a loan from an Indian bank. It was a frequent occurrence that a bank employee withheld loans so as not to be burdened by foreclosure / pursuit of default! Propensity to risk? Definitely!

The orthodox style of governance meant that banks were not very keen on innovation. Thus, we have rarely had to see any innovative product or exotic financial instrument in the banking sector. This, in turn, meant that what was available for the deal was simple. The work of the plant, tested products that are understood by almost everyone. At least in this context, we could call ourselves financially literate compared to our counterparts from other parts of the world who could not understand complex financial products such as air loans, exotic “F&S”, etc. awareness.

The Central Bank, the Reserve Bank of India also developed in the same way. She was more cautious and conservative in her approach to banking. This approach led to the fact that the rules and regulations issued by the RBI were very strict and did not have many loopholes. The central bank has also consistently battled pressure from private business and the political system.

The above observations show that while our risk-free orthodox system may be tough for the Twitter-era generation at its slow pace, it is robust and strong and seeks to overcome and survive any crisis. We can really sleep safe with the satisfaction that our banks are safe. Yes, your Indian bank (not Indian bank) is safe !!

The Five Laws of Gold

We live in an impatient age, and when it comes to money, we want more of it now, today, not tomorrow. Whether it’s a mortgage deposit or clearing those credit cards that lose our energy long after we’ve stopped enjoying what we bought with them, the sooner the better. When it comes to investing, we want easy choices and quick returns. Hence the current cryptocurrency mania. Why invest in nanotechnology or machine learning when Ethereum is locked in an endless upward spiral and bitcoin is a gift that continues to give?

A century ago, the American writer George C. Clayson took a different approach. In The Richest Man in Babylon, he gave the world a treasure trove — literally — of financial principles based on things that may seem old-fashioned today: prudence, prudence, and wisdom. Clayson used the sages of the ancient city of Babylon as spokesmen for his financial advice, but that advice is relevant today, as it was a century ago when the Wall Street collapse and the Great Depression were approaching.

Take for example the five laws of gold. If you want to put your personal finances on a solid footing wherever you are in life, this is for you:

Law № 1: Gold comes with joy and in increasing quantities to anyone who invests at least a tenth of their earnings to create an estate for their future and the future of their family. In other words, save 10% of your income. Minimal. Save more than that if you can. And those 10% aren’t on vacation next year and not on a new car. This is for the long run. Your 10% may include your pension contributions, ISAs, premium bonds or any high interest / restricted savings accounts. Okay, interest rates for investors are now at an all-time low, but who knows where they will be in five to ten years? And compound interest means your savings will grow faster than you think.

Law №2: Gold works diligently and contentedly for a wise master who finds him a lucrative job. So if you want to invest instead of save, do it wisely. No cryptocurrencies or pyramids. We emphasize the words “profitable” and “employment”. Make sure your money works for you, but remember that the best thing you can hope for is a stable return in the long run, not winning the lottery. In practice, this is likely to mean stocks in well-known companies that offer regular dividends and a steady upward trend in stock prices. You can invest directly or through a fund manager in the form of mutual funds, but before parting with one penny, see Laws 3, 4 and 5 …

Law №3: Gold is kept under the protection of a careful owner who puts it under the advice of those who are wise with it. Talk to a qualified, experienced financial advisor before doing anything. If you don’t know it, do some research. Check them out online. What is their experience? What kind of customers? Read the reviews. Call them first to find out what they have to offer, and then decide if a face-to-face meeting is appropriate. Check their commission procedure. Are they independent or affiliated with a particular company under a contract to push that company’s financial products? A decent financial advisor will encourage you to get the basics: retirement, life insurance, somewhere to live before directing you to invest in emerging markets and space travel. If you are sure you have found a consultant you can count on, listen to him. Trust their advice. But review your relationship with them at regular intervals, say annually, and if you’re not happy, look elsewhere. Chances are, if your opinion was valid, you will follow the same consultant for years to come.

Law № 4: Gold slips away from those who invest it in businesses or purposes with which they are unfamiliar or which are not approved by experts in its preservation. If you have in-depth knowledge of food retail, be sure to invest in a supermarket chain that increases market share. Similarly, if you work for a company that has an employee equity scheme, it makes sense to take advantage of it if you are confident that your company has good prospects. But you should never invest in any market or financial product that you don’t understand (remember the crash!) Or can’t fully research. If you are tempted to try your hand at currency or options trading and you have a financial advisor, talk to him first. If they are unaware, ask them to refer you to someone who is. Best of all, avoid anything you’re not sure about, no matter how big the profit potential.

Law № 5: Gold flees from those who seek impossible wages, who follow the alluring advice of tricksters and intriguers, or who believe in their inexperience. Again the fifth law follows the fourth. If you start looking for financial advice and ideas to create wealth online, your inbox will soon be full of “tricksters and intriguers” who promise you land if you invest £ 999 in their “system” to turn £ 1 into £ 1XXXXXX on the Chicago Mercantile Exchange. Remember, the only one who makes money in gold rush is the one who sells shovels. Buy the wrong shovel and you will quickly get into debt. Not only will you pay through the nose for a system that has no proven value; by sticking to it, you will probably lose much more than the price you paid for it. At the very least, you should check out the genuine product reviews. And never buy a system, investment vehicle or financial product from any company that is not registered with a national supervisor, such as the UK Financial Control Authority.

Healthy lifestyle – dangerous pollutants get into our water supply, despite quality standards

You’re probably wondering, “How can this happen?” and “Someone is doing this on purpose?” To answer both questions, we simply need to refer to the CDC report, which estimates that “water-borne diseases associated with public drinking water are estimated to average 16.4 million per year of endemic water-borne diseases. These cases do not include cases involving private drinking water systems, bottled water, recreational water and non-potable water. ”

We are all aware that our government is going to keep the water supply free of pollution and healthy enough to consume, but the CDC report clearly states that tests have been conducted and contaminants have been found on the other end of tightly controlled water supply with strict compliance and standards. the end is our houses.

An article on how cysts (Cryptosporidium, Giardia, Entamoeba and Toxoplasma) are resistant to chlorine, so they can easily (and often pass) go through a communal water disinfection process. Cause gastrointestinal diseases, even death for weak people. Source of contamination: animal or human waste, contaminated food. Permissible level in water: ZERO. The NSF 53 standard covers cyst removal. (Most home water filters have a standard 42 for chlorine and sludge.)

The CDC defines Cryptosporidium – (Cryptosporidiosis) as a diarrheal disease caused by microscopic parasites, Cryptosporidium, can live in the intestines of humans and animals and come out of the feces of an infected person or animal. Both the disease and the parasite are widely known as “crypts”. The parasite is protected by an outer shell that allows it to survive outside the body for long periods of time and makes it very resistant to chlorine-based disinfectants. Over the past 2 decades, Crypto has become one of the most common causes of water-borne diseases (entertainment water and drinking water) in humans in the United States. The parasite is found in every region of the United States and around the world.

Although the staff of our watersheds and reservoirs ensure the quality of our water supply, after these standards and all measures that institutions such as the Environmental Protection Agency (EPA) no longer apply, our water is now vulnerable to contaminants from cracked pipes even ruined old piping systems.

Having all these facts and figures, it would be careless on our part if we did not take any measures to prevent the spread of these pollutants; the health of our children, parents and future generations depends on us. And it won’t take much of our time, we can start with a simple message transfer and awareness raising. We can do our own research and look for answers, or even the simplest act of filtering our water source can make a big difference. No one should be in the dark, and we all deserve the opportunity to get a refreshing drink from the tap without worrying about the consequences.

The new book reveals the secrets of adapting to future changes

Scott Scanlin’s new book The Relevance Gap is a much-needed help for anyone who wants to make sure they don’t fall behind as we move into the third decade of the twenty-first century and beyond.

Scantlin begins by defining a gap in relevance as “the distance between where you are and the speed of the world that is changing around you”. If we don’t keep up with how the world is changing around us, we will be left behind. For most of us, that means staying on top of technologies that are constantly changing, but it’s more than that. It is an awareness of skills that you already have that you can develop and use to stay relevant as the world around you changes. One day, Scantlin asked his ninety-four-year-old grandmother what her secret was, and she replied, “Stay away from the seniors’ living quarters and never stop moving. If you stop moving, you die!” Scantlin reminds us that the same is true in our careers – we are either expanding or shrinking; between them no.

Scantlin spends a lot of time discussing how the world is changing and how the younger generation is driving these changes. He discusses how Millennials and Gen Z, unlike previous generations of consumers, are not driven by survival or the need for extreme wealth, but rather they want to belong to a community and make a difference in the world. We need to keep up with them by adapting to their communication preferences (they prefer to send text messages or use social networks to communicate rather than talk on the phone or have a face-to-face meeting), and we need to keep track of products and services that serve they support. According to Scantlin, “by 2020, Generation Z will make up about 40 percent of all customers, and they are ready to talk to their dollars.”

Doing things the old way will also no longer work in the future. A perfect example of how taxi companies suffer from Uber. Scantlin argues, “The future of artificial intelligence, nanotechnology, 3D printing, autonomous vehicles and the blockchain does not belong to big business; it belongs to the creators of subversive innovations that make it easier, simpler and more accessible. For example, Netflix does not own cinemas, Uber does not own taxis, Airbnb does not own hotels, and LegalShield does not own law firms, but they dominate their markets. What unites them? consumer to the product through the mobile app ”.

Scantlin knows what he’s talking about. He shares his own story of how the market crash of 2006-2008 made his marketing business irrelevant. He has now upgraded his business to make it large-scale, and he aims to get $ 1 million in residual income soon.

But how do we stay relevant? It’s actually easier than you think. As Scantlin explains, it is about being aware of what is happening in the market and using that knowledge to your advantage. For example, biohacking may seem like some scary science experiment from a horror movie, but Scantlin lowers it to a level we can all understand by explaining that companies are already doing it. They analyze how the brain reacts and use it to sell products. For example, Facebook was created to create an addictive surge of dopamine. Scantlin also talks about the power of the subconscious and how we can learn to use our subconscious to benefit our brains to work on us when we are not working.

One of my favorite discussions in The Relevance Gap is about knowing what your core values ​​are. The fact that the world around us is changing does not mean that we should be like a leaf that spreads wherever the wind blows us. Instead, if we establish our core values, we will know what is important to us and follow and follow these things rather than chasing the latest trend. We will then be resilient as a tree, able to withstand the strongest storms. In my opinion, only the section on core values ​​is worth the price of this book.

Scantlin discusses many other things that, oddly enough, turn out to be more about how we can cultivate self-esteem, eliminate negative conversations with ourselves, set goals, and develop a vision of what we want. Then we don’t have to worry about chasing the latest technological trends, except for those relevant to our goals. We can clarify what we want and achieve it in a focused, career-oriented, focused way that will benefit us, our industry, our clientele and our relationships. This honest and far-sighted trick is refreshing, relieving of fear and, best of all, realistic.

I really feel that in The Relevance Gap, Scantlin has in a nutshell grasped the key elements to stay relevant in the 2020s or the next decade. This is a book that can benefit any reader, from high school students to ninety-four-year-old grandmothers and everyone in between.

HR trends and topics for 2018 – 2020

2018 – 2020 are revolutionary years for human resource management in North America; as a result of new developments in artificial intelligence (AI), staff transformation, pursuit, diversity and generational inclusion, virtual work, smart office, final performance appraisal, pay equity and people analytics.

Most of these developments are not new; they are simply a reincarnation of old buzzwords, concepts and discoveries.

For example, John McCarthy’s concept of artificial intelligence (AI) was first brought to the fore by I.J. Hood in 1959, when he said that “in 20 years (or before 1979) people will not have much to do” when the AI ​​is fully integrated. in the workplace. According to Hood’s prediction, it took more than 60 years for scientists and programmers to move the needle further to take advantage of some of the benefits of AI.

Another example of a buzzword that has recently gained popularity in HR is “Transformation”. Today, most initiatives and change initiatives are called “Personnel Transformation” when they are improving human resources processes using change management techniques.

Below are some of the leading trends and topics in HR that will attract the attention of human resource management professionals as we complete the next decade.

  • Personnel transformation and the future of work (Robotics, AI and blockchain technology)

Human resources professionals continue to lead organizational change initiatives and productivity projects. However, they will have to go beyond these projects to embark on the corporate transformation of human resources, which involves redefining workflows to implement the future visions and strategies of their organizations.

Robots that specialize in repetitive work will eventually take on the jobs of some employees in the workplace, especially in manufacturing and related fields.

AI (artificial intelligence) applications will affect a significant number of jobs in all sectors of the Canadian economy. A recent report on the future of work (McKinsey, 2017) estimates that up to 375 million workers worldwide may have to change occupational categories and learn new skills. The report also highlights about 60% of jobs, and at least one-third of work can be automated through AI. The professional roles of human resources in hiring (for example, through staff conversion), talent search, staffing and advising assistants are some of the jobs that AI will be immediately affected by.

The good news is that the use of artificial intelligence will usher in human resource management in the golden age when it becomes a true partner in organizational strategic decision making. According to a recently published article: A new era of opportunities What does artificial intelligence mean for HR professionals? The Ontario Professional Human Resources Association (HRPA, 2017), AI has already made a significant impact on HR in Ontario, Canada. The HRPA document is based on the responses of 500 members to their survey of a possible 23,000 registered members or 2.2 per cent who could speak from a separate group of HR professionals in the country. However, the highlights of the report indicate the AI ​​will promote HR services:

  • Reduction of administrative burden,

  • Implementing efficiency when hiring,

  • Alleviate some bias, especially when hiring, and

  • Improve employee retention and internal career mobility

HRPA and PwC (PricewaterhouseCoopers) report »Artificial intelligence in HR: a simple thing“, also published in 2017, which reported that AI in HR will immediately create the following efficiencies:

  • Eliminate repetitive tasks (administrative burden)

  • Speed ​​up talent search (hiring efficiency)

  • Reduce staff destruction (and retention), and

  • Improving employee engagement (including internal career mobility)

Finally, the application of blockchain technology facilitates the receipt of employment certificates and provides access to previous records of wages for hiring and hiring.

  • Harassment in the workplace

2017 ended with several stories of sexual discrimination and harassment in the media and damaging the reputations of some companies, and some employers were warned about significant lawsuits. These allegations have led to the resignation or dismissal of many executives, celebrities and male politicians. Organizations will now need to take proactive measures to reduce complaints of persecution through the adoption of policies of zero tolerance for persecution, training, and initiatives for cultural change. Harassment in the workplace can be a sub-topic for an HR forum or conference.

  • Diversity and inclusion of generations (workplace matching)

Diversity and the inclusion of generations will dominate the agenda of human resources professionals over the next few years as organizations grow into global structures and welcome new generations of employees into the workplace. This year, the first group of Generation Z college graduates will work full-time in North America, creating a diverse quilt of employees in the workforce. Managing a mixed generation of Generation X and Millennials leaders, while booms and traditionalists are moving to project and consulting contractor roles, will lead to demand for new skill sets. Other skills to be involved in the workplace include texting on a mobile phone, building online communities, on-demand mobile learning, and managing online behavior outside the workplace.

  • Flex Time, remote and freelance work

Most surveys conducted in 2017 show that most workers and job seekers are looking for remote work. The concepts of “smart office”, “free address”, virtual work and work from home – these are some features of the economy of concerts. Reports of 2017 employee surveys from Workplace Analytics, Gallup and others also showed that remote work and work from home is growing. To reduce staff turnover, companies are sometimes encouraged to invest in renting hybrid work and living spaces (living and working).

Some of the employee surveys conducted in 2017 show that freelancers are more active in creating work-appropriate skill sets than their counterparts working in companies. As many as 65% of freelancers said they are learning to stay up to date with career development as jobs and skills develop, as opposed to 45% of non-freelancers.

  • Performance management and performance

In recent years, the focus has shifted again to productivity growth as new people have been hired in North America since the recent 2008 recession. Changes in performance management, competency assessment, and goal setting have led to new methods of measuring performance.

Employers are currently developing new methods to measure employee performance and coaching to improve productivity in the future.

Problems that concern most employers in Canada that can affect productivity include legalizing marijuana, increasing recreational drug use and addiction.

  • Pay for justice, fair compensation and benefits

While transparency is a core value for many companies, provincial governments in Canada are actively working against workplace practices that favor some male employees over women. New employment legislation is now addressing the pay gap and benefits between permanent staff and agency staff in Ontario. In 2018, the management of organizations will spend part of their time to ensure that their companies meet the requirements of fairness and other employment laws.

Suggested conference topics for HR

  • The future of HR is now

  • HR Transformations – best for your organization

  • Re-Inventing Human Resources: A Guide to Tackling Current and Future Challenges for Success

  • Deadlock for performance review: how to reform performance appraisal and goal setting for employee success

  • People analytics: data goes beyond HR (predictive analysis)