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Cool Stuff Daily Affairs Lifestyle

Stamina for Late Risers > Early Risers?

Stamina for Late Risers > Early Risers: http://www.theglobeandmail.com/servlet/story/RTGAM.20090423.wsleep0423/BNStory/Science/. However, you need to read the journal itself to verify the quality of the study’s method. They used only 30 subjects and the specific quality assurance controls weren’t stated in the article.

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Cool Stuff Lifestyle

When Will Canada Get the HTC Google Android G1 Phone?

I can’t wait until the HTC Google Phone comes to Canada.

So far, the US has a release date and so does the UK…what about Canada?

Google gears, google chrome, and their phone all look amazing.  Open source is what will make it a winner.  Companies are virtually "re-inventing the wheel" with their own platforms, so having a standardized platform is common sense.

If anyone knows when it’s coming out, share the scoop.

 

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Cool Stuff Lifestyle

Testing Toronto Daily Food Delivery Service

I’m testing out a service for 10 days that delivers daily meals to you called the Nim Diet.

For about $40/day, they deliver chef-prepared, healthy, daily meals including a breakfast, lunch, dinner, snack, and dessert.

Here’s what my upcoming schedule looks like:

august 21 to 24th meals

August 21 to 24th.png

august 25 to 28th meals

Aug 25 to Aug 29 meals.png

 Peace. I may update this blog on how it goes

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Lifestyle

The Death of “Reading Books”

Steve Jobs, the CEO Of Apple,  was recently quoted as saying "People don’t read books" when asked about one of Amazon’s new developments.

Applying the principle of charity, I intrepret that he meant that, on average, people are proportionally reading less compared to other activities (eg. watching videos, and using the internet).   You’re likely proof of that 😉

This point is self-evident from human-nature.  As anyone who went through public schooling will tell you, youth are far more enthusiastic about watching a video lesson as opposed to reading about it. 

Steve Jobs obviously gets it.  People live in the "synopsis era," "bullet-point" era or whatever else you please.  Just keep it brief.   In fact, people want to talk more than they want to listen.  That’s one of the reasons why Web 2.0 is so hot.   People want fast interaction.

People don’t want to read a 900 page novel anymore.   Speaking of which, the last 900-pager I read was in grade 12, called "A Fine Balance" by Rohinton Mistry.  Great book.  Great historical background.  Great narrative.   Did he need to use 900 pages to write it?  I don’t think so.

"Sparks Notes.  Coles Notes.  Purple monkey?" They get it.   So, next time you speak — be concise.  State your biggest point upfront.  Speak in elevator pitches.  And I should follow my own advice….this blog post will end now.

P.S. This should have been a video, a photo, or in some sort of creative media since we both know you probably aren’t going to read it — eh?  Well, I guess I can’t run for public office now.

 

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Lifestyle

“Should Michael Jordan Mow His Own Lawn?” – Economics 020

Most people understand appreciate that Time = Money.    I’m writing this post to definitively and publicly commit myself to live with the time-money tradeoff in mind.   Sometimes, I need to smack myself for this… One of the most powerful simple questions posed by my Economics 020 (introductory Economics) textbook that demonstrates this concept was the following:

"Should Michael Jordan Mow His Own Lawn?"

One of my biggest mistakes is not treating my time at it’s fair value.  I do stupid money saving tactics…

I HATE THE EXPRESSION:

"A penny saved is a penny earned"   I disagree with the end meaning of this phrase 95% of the time due to the context in which it is being used.   Most people who say this have spent too much time, in my opinion, to come up with their savings.

Let’s Break it down…

Give your time a value and don’t use your CURRENT TIME VALUE.  Give yourself an ESTIMATED LIFETIME VALUE/HOUR.   For example, I’ll use $500/hour based on an estimated annual earnings of $5,000,00/year.

As a result:

If the penny saved is worth more than $500/hour then you should do it.  Thus, if it takes you 1 hour to find a $100 off coupon for your next flight by browsing the Internet — then you have lost $400 in that hour.  

This Seems Like A Simple Concept — But, I Still Finding Myself Taking 1 Hour to Research Whether or Not to Buy a $500 Piece of Software?   I Will Just Buy It From Now On…as long as I get still afford it with a stretched short-term budget, which consists of savings and loans.

There are many factors in this equation that need to be taken into consideration besides money such as the decision’s affect on:

– non-monetary reasons (eg. helping family): Suze Orman, a personal finance advisor with a TV show, has a great quote that goes something like, "People, then money, then things."  I think that’s a great philsophy.
short-term budget: Of course, there is the obvious assumption that you won’t BREAK YOUR SHORT-TERM budget.  For instance, you don’t want to live like a rockstar now because you’re worth $500/hour if you’ll go bankrupt.  However, you SHOULD STRETCH YOUR BUDGET AS FAR AS POSSIBLE.

Take out loans.  I took out a student loan with 6.75% that I took out for fun.   I don’t REALLLLLLLY need it, but it allows me to invest.

I took an investment of $23.50 in 1 day and made $644 a few days ago.   That’s a whopping 2,740% ROI.   Yes, I’m kind of saying it to brag.  This was my 2nd highest day in terms of earning in my life next to my $755 day I made in sales when I was 18.

Great Takeaways from Tim Ferris’ The Four Hour Work Week

Some great takeways:

– Don’t Live the "Deferred Life Plan"

– Outsource non-core areas of your life — haha, maybe you want to hold off the outsourced dating part

– Allot time to do important tasks and ask yourself, "If I had only 2 hours in a day–what do I really need to do?"

Good luck.