Posted on 26. Jul, 2016 by Money Cactus.
Are you a stockbroker who yearns for some motivation or wisdom in your field? Whether you’re a greenhorn broker or a seasoned one, novel viewpoints and experiences can always benefit you. TED Talks is one of the ways you can get some positive insights on your niche, through the words of other successful people.
We’ve collected a list of nine TED Talks that anyone working in stockbroking should watch.
- Kevin Slavin: “How Algorithms Shape Our World”
In this mind-boggling presentation of the way nature and algorithms intertwine, Kevin – co-founder of Area/Code – explains us the importance of milliseconds in the world of stockbroking, managed by algorithms. The stockbroking market has grown to be way out of our control and comprehension, and the only way to influence it is with mathematical algorithms. That’s the reason why MIT is involved in Wall Street, together with the 200 physicists that work there. The whole story is narrated using metaphors from the real world.
- Josh Luber: “Why Sneakers are a Great Investment”
“What do sneakers have to do with stockbroking?” you might ask. That’s exactly how the TED audience felt when Josh Luber, a sneakerhead, started explaining his marketing strategy and knowledge. He shed light on the intricate secondary sneakers market that is evaluated at 1.2 billion dollars, and growing. Nike as the sneakers tycoon holds 95% of this market, mostly with the Air Jordan shoes. Josh conducted data analysis of this market and proposed a revolutionary idea of a stock market for items.
- Tobias Preis: “Can Google Predict the Stock Market?”
Tobias Preise, a professor of Behavioral Science and Finance at Warwick Business School, turned to the biggest content giant – Google – for hints which can link the millions of searched keywords every day and the stock market. Data scientists are becoming extremely important with the rise of the “big data”, a ginormous collection of data which can be used as a key to finding patterns, and interactions that lead to successful stockbroking. Those who are interested in foreign exchange , and linked with CMC Markets can benefit from data science immensely. Tobias provides invaluable advice on data science and stockbroking.
- Daniel Goldstein: “The Battle Between Your Present and Future Self”
Goldstein, who has made a career by analyzing the financial behavior of Internet users, gives a talk on the age-old battle between the Superego and the Id. He presents us a reference to the Odysseus and his test with sirens, as a motivation to practice more self-discipline in order to save more money for a wealthy retirement. Sharing his life experiences involving commitment devices which propel you to do something even if your present self doesn’t like it.
- Dylan Evans: “What Can We Learn From Expert Gamblers?”
Dylan, the founder of Projection Point, has come in contact with countless professional gamblers ranging from Poker and Blackjack players to Sports Gamblers, through the research he conducted. In this video, he explains the risk intelligence philosophy he and his company focus on, which can prove to be indispensable in risky stock broking situations.
- Alessio Rastani: “The Psychology of Trading”
In this interactive presentation of the stock market evolution, Alessio – a trading expert in financial markets with a decade-long experience – explains the philosophy of buying and selling stocks. His controversial statement that he wishes for another depression put him into the media spotlight and was even called a psychopath by the Forbes magazine. Inspired by Warren Buffet and Rockefeller, he shares his trading experience with the TED audience.
- Brian S. Wesbury: “The Real Truth About the 2008 Financial Crisis”
Learning and studying the 2008 housing bubble burst crisis is paramount for every stock broker. Brian, a Chief Economist at First Trust Advisors, shares a novel perspective on what happened. He tries to debunk the widespread myth that is served to the public about the 2008 financial crisis. Although a bit controversial, every stockbroker should listen to this talk and reconsider their stances on the crisis.
- Mellody Hobson: “Financial Literacy”
In her inspirational speech and stories about poverty from her own life’s experience, Mellody – President of Ariel Investments – advises us to persevere through the hardships in life. She highlights the quality of being self-sufficient and disregards the story about women needing prominent male figures in their lives. As she and her team persisted in the financial crisis of 2008 and successfully recovered, as Michelangelo endured in the painting of the Sistine Chapel, so must other who are interested in stockbroking. She ends her energetic speech with Churchill’s quote on walking through hell.
- Shlomo Benartzi: “Saving for tomorrow, tomorrow”
This economist debunks the lies we often tell ourselves when we want to do something positive in the future. This procrastination is the main reason why 70% Americans don’t have their retirement matter settled. He explains the steps it takes us to quit procrastinating and start managing our time and capital correctly. He does this by studying behavioral sociology and providing answers for its problems.
Posted on 29. Jun, 2016 by Money Cactus.
physical object. To be more specific, it is the process of making solid 3 dimensional objects
from a simple digital file. This is done by layering materials until a product of related
dimensions and size is achieved.
Different 3D printers are used for different purpose. The process has become quite popular in
recent times because people can now easily turn their ideas into prototypes without having
access to large manufacturing facilities. In fact, 3D printing reduces the time between a great
concept and reality. You can print your ideas the same day they are conceived.
This gives an advantage as you will reach the market sooner and start selling earlier. For
established companies, this offers a head start and helps to stay ahead of the game from
This modern printing technology is loved and enjoyed by individuals and companies for various
reasons, some of which have been discussed below.
This method of creation will save you a lot of money. It does not require any heavy machinery,
molding tools or other expensive production facilities. Even though the rate of this additive
manufacturing technique is lower compared to traditional methods, it is a great way to make
Offers Opportunity to Get Feedback
Before taking the big business decisions, you can demonstrate the product to groups like target
audience, business partners, financers, etc. and request them to provide feedback. It’s a great
method to assess demand before starting production with full force.
Presents Immense Designing Possibilities
With this new option, your imaginations will take shape. You can design objects that cannot be
made with other printing methods. Digital art gets new meaning with 3D printing. Now, you can
build items that seem impossible. Even geometry ideas can be made into reality and 3-
dimensional figures now.
Compared to regular prototype printing methods, this type of printing is not too expensive. The
materials that are used for production are affordable and the process is quite simple. Actual
manufacturing cost of hundreds of dollars is saved as prototypes can be printed within little
expense of a few dollars using 3D printers.
Before making large investment on mass production, 3D printing the design help to assess the
product and lower risk. You can make the large investment now without any worry as you can
easily alter and redesign the mold. Errors in finished product is minimalized. It basically makes
business idea presentation better as audience will no longer have to imagine the upcoming
product. The exact representation of desired product is provided.
In fact, as production cost is low, cost of mistakes is low as well. You can try printing different
variations of a product and then design the one which is best.
When it comes to manufacturing, flexibility is very important. You can use 3D printers to do
several iterations of your product. As already mentioned, you can test different ideas without
putting too much financial stress on the company’s account.
Even with all of these benefits, the final product will be of great quality. It will be professional
and durable. You can use ABS and PLA materials to obtain real parts like snap fits, hinges,
clearance fits and dove tails which can be tested and fitted.
There is no doubt that this amazing technique of additive manufacturing has completely
revolutionized design and manufacturing process. These are all great advantages and may be it
is time you think about using it.
Posted on 26. Jun, 2016 by Money Cactus.
In this era of Globalization, communication across borders has become increasingly popular. International business and long-distance communication without aid of internet would cost thousands of dollars. Thanks to the technological advancement and introduction of VoIP, now individuals can contact each over the internet at minimum expense.
Voice over Internet Protocol, also known as VoIP, is very commonly used in all industries. You can easily make and receive calls via internet. The convenience and multiple other benefits of this systems are why it is a more preferable option over telephone networks. A VoIP business phone system that has all the features you expect. It can be conducted in 3 ways – via analog telephone adapter, IP phones and Pc to PC.
The process to make long distance calls using VoIP is very easy. Caller has to sign up with the VoIP service provider first. Then, he/she has to collect a local DID phone number and connect with the provided telephone adapter. The next step is to set up the different features and make both local and long-distance phone calls.
If you are still unaware of the features and advantages provided by this technology, or if you are yet to take full advantage of it, read below. The many benefits of using Voice over Internet Protocol have been outlined here.
Allows Greater Access as There Are No Physical Boundaries
Geographically, there are no boundaries for VoIP users. You can call from one end of the World to another end, and still enjoy cheap call rates. This process of communication makes it cost-effective. The system basically enables a person living outside United States to subscribe to a US phone number and pay the local rate.
If you own a company that outsources services from abroad to enjoy location advantages, you can be highly benefitted.
With this system, you and your business employees will get greater access to information. There are no limitations like the traditional telephone system.
Saves a Lot of Money
Shifting to a VoIP system can be the right choice for companies that are looking to cut down cost. It is the right economic decision as it reduces the total amount of money that a company spends on phone conversations.
This alternate method is so cheap mainly because it uses only one physical network. Traditional phone systems need multiple networks, especially when calls have to be routed across overseas network.
It Can Be Used for Much More than Voice Calls
Modern Communication is no longer restricted to voice calls. The VoIP system basically caters users with a variety of ways to communicate.
Individuals and businesses can easily send text, images and even videos to enhance communication.
As employees are now located all over the globe, platform like this one becomes an integral part of the business communication system.
It is impressive how you can send a file over this network even while talking. This basically enhances the experience and makes communication with staff and clients more effective.
Availability of Tele-Work Option
Today, business executives agree that work is no longer restricted to the office space. People can now work from home, moving vehicles and even from vacations. Remote working is a trend now and smartphones make the process much easier.
Tele work is the concept of working from another location. This basically helps maintain work flow and improves productivity.
These are some solid reasons to ditch the traditional phones and choose Voice over Internet Protocol to meet your international communication needs. You will be reducing cost and increasing connectivity. This system offers more features at a lower expense.
Posted on 25. Jun, 2016 by Money Cactus.
Dental problems are quite serious and shouldn’t be ignored. It can be caused by various reasons and lead to varying degrees of complications. Common concerns include gum disease, tooth erosion and tooth decay. Result of this could be weakened teeth. You may face loss of important dental functions and unappealing appearance may be a result.
You may also have to rush to the dentist for problems caused by accidents. Broken or chipped teeth also require expert attention, especially because oral region’s association with nerves can cause insufferable pain.
Today, there is a wide range of dental treatment options to keep your smile healthy and sparkling. The advancement of this industry allows individuals to get all teeth-related problems treated. The results are flawless and effective measures are taken to reduce pain.
If a perfect set of teeth is what you seek, there are many dental treatments you can choose from. Depending on your condition, the dentist can suggest something. He is experienced enough to realize how important his work is and works to enhance functionality and appearance of your teeth.
Laser Teeth Whitening
Laser teeth whitening is among the most common dental procedures. It is often carried out along with other processes but can be done individually as well. This whitening treatment basically provides patients with a beautiful glowing smile. Laser technology is used to make the system as precise as possible. It helps to get great results while ensuring that results look natural.
No- prep Veneers
No-prep veneers placement is a better version of normal veneer placement used to treat crooked and misshaped teeth. It is also used to fill gaps. This version takes less time and is very cost-effective as well. Patients are not required to go through a preparation phase. The dentist slices a thin sheet of the affected tooth so that it complements the veneer shape.
This procedure is minimally invasive and mode of treatment is long-lasting. Compared to the conventional method, it is less-time consuming.
Losing teeth can be a result of accidents or old age. When you are missing teeth, it impacts your smile and appearance immensely. It is not easy to ignore the gap but getting dental implants can help you gain your confidence back. This is a technique where a tooth root is placed in the jaw to hold the tooth or dental bridge in place. This is a very common dental restoration method. It can effectively help you get your beautiful smile back.
Aesthetic In-lays and On-lays
The in-lays and on-lays are used for aesthetic purpose – to improve a person’s smile. Many people choose this for placement of crowns. These can be made using various types of materials which are placed over damaged tooth. The only requirement is that the material has to be strong and tough. It is also colored to correctly match the natural teeth color of patient.
The purpose of aesthetic in-lays and on-lays is to reduce problems in structure of tooth. It ensures appealing yet natural teeth. It is especially great because it is easy to maintain and is comparatively more comfortable than amalgam filling and other options. There is no risk of discoloration of the in-lays and on-lays.
Cosmetic Gum Surgery
This method can change the amount of gum that is visible, and ultimately make you look more beautiful. Sometimes, gums recede as a result of periodontal disease or aging. This gum recession makes teeth look unnaturally long. This can be fixed with gingival grafts to add gum tissue. Another commonly used method is gum contouring which provides a symmetrical gum line.
Posted on 24. Jun, 2016 by Money Cactus.
These days, connectivity is everything. From the way you use your smartphone to keep in touch with family and friends to the development of useful business apps that help you implement better time management practices, smartphones, tablets and other devices have become an integral part of today’s world. But have you ever considered how the features offered by your smartphone can help you improve your financial situation? Here’s a closer look at how the connectivity offered by today’s technology can have a positive impact on your finances.
Knowledge is Power
The old saying that “knowledge is power” holds even greater weight in the digital age. After all, there’s a good reason that many companies now use knowledge management systems as a better way to retain knowledge. The easier it is for employees to gain access to training materials and the expertise of others in their field, the better results they will be able to achieve—something that benefits both them and their company. Likewise, the connectivity offered by smartphones and other modern devices provide a wealth of financial information at your fingertips for your personal benefit.
Personal finance websites offer a wide variety of financial information, ranging from budgeting tips to best practices for investing in the stock market. Implementing the knowledge that is made available through these resources can help you save money while simultaneously improving your ability to generate wealth.
Of course, whether or not you will ultimately take advantage of the vast amount of knowledge available through your smartphone is up to you. But with more personal finance websites on the Web than ever before, you really have no excuse when it comes to gaining access to shared financial knowledge. Just be sure that you turn to reputable sites for this information!
The power of your smartphone extends far beyond the information you can access online. Many companies have developed helpful personal finance applications that make it easier for you to create a customized budget and keep track of your spending habits and income so you can track and improve your savings.
The useful features offered by personal finance apps can go well beyond budgeting help. For example, some apps allow you to track the balances of your debit and credit cards, and will even alert you if there is a suspicious charge. Other apps send you reminders for bills and other recurring charges so that you make payments on time.
By using these apps, you not only take greater control of your current financial situation, you also protect yourself from major financial risks such as credit card fraud or defaulting on bill or loan payments.
Plan for the Future
The benefits of smartphone applications and internet knowledge don’t only apply to your immediate financial situation. For many of us, planning for retirement, the purchase of a home, or another major financial event can be the most difficult part of managing personal finances. Unexpected emergencies can also result in major financial struggles if you haven’t set aside money for a rainy day.
There’s no denying that trying to get your finances in order for major events such as these can be stressful. But with the help of smartphone apps and other tools, it becomes significantly easier to create savings and investment plans and adjust your budget so you can be better prepared for the future.
While managing your personal finances will never be a completely stress-free task, taking advantage of the resources available on your smartphone can make it significantly easier. As you use the knowledge available on reputable websites to guide your decisions and make use of personal finance apps to track your finances, you can take control of your wealth management—today and in the years ahead.