economy
Economy and the area of production, distribution, trade, and consumption of goods and services.
Passive income vs Residual Income
What is Passive Income VS What is Residual Income? Passive income vs residual income; so, what are they and what is the difference? Passive income is money that you earn without having to put in much effort. This can come from investments, such as dividends from stocks or rental income from property. Residual income, on the other hand, is money that you continue to earn even after you've stopped working. This can come from royalties from books or music, or from Passive Income streams.
By Timothy A Rowland3 years ago in Journal
How to create a professional website?
However, the first step is generally the hardest — what exactly does it mean to create a website? After reading all the tips below, you still need a platform to create a professional website. A good recommended option is to see what WebWave has to offer — this platform is sure to surprise you.
By Cosmin Child3 years ago in Journal
What are the Changing Trends in the B2B Ecommerce Industry in 2021
B2B has traditionally been a sector that practised sales through in-person interactions. But like everything else, the pandemic disrupted the way it operated. The Covid-19 situation pushed B2B companies to go online if they wanted to continue doing business. Although the change has been somewhat challenging in the beginning, statistics show that the B2B industry has warmed up to it by now.
By Natalia Jane3 years ago in Journal
BUY and SELL in Order to Make You Cash
Flipping real residence Flipping real residence is something that a lot of folks perform nowadays. Shopping for and reselling properties. Several people just buy houses to stay in and make money when they sell them. There are plenty of things to do to produce profit-turning real estate.
By Cosmin Child3 years ago in Journal
Who likes to buy lottery tickets more
Who is more likely to buy lottery tickets , the rich or the poor ? You might think that rich people have a big budget and would prefer to spend a small amount of money on lottery tickets . Poor people , on the other hand , are so short of money that they can't wait to break a dollar in half . In fact , the opposite are true . The poorer people are , the more likely they are to buy lottery tickets . Economists have long observed this phenomenon : the less money you have , or the more you lose , the more you are likely to take bigger risks . Economists Kahneman and Tversky once produced a study of " utility at the end of the day , " which found that in the last race of the day , more people bet on the horse least likely to win . At the end of the day , those who lose red-eye are eager to make a comeback at the last chance , . So they tend to place their bets on the odds-on (least likely to win ) favourites . We call this all-or-nothing behavior " lottery thinking , " which is also a kind of " poor man's thinking " caused by lack of resources . They think saving money is a waste of time because they don't have enough money anyway , . So they just buy lottery tickets and gamble . So these people will sacrifice their precious real money to buy lottery tickets in exchange for emotional hope . The reason why people buy lottery tickets is because of a special mechanism in our brain , means that making money really feels good , and imagining it feels even better . We have a special physiological machine in our brains that is speeded up more by profit expectations than by actual profits . The more we are short of money , the more we expect and desire this . And it's not just lottery tickets . When we watch sports games , we will find a similar phenomenon . When the trailing team is running out of time , the football players will shoot long distances from the goal frequently . Basketball players take half-court shots in desperation before the final buzzer . Football players throw a " Slam Dunk " passes / passed at the end of the game . In other words , the more one sees a losing team , the more he or she looks for a winning miracle . This kind of " lottery thinking " may be a human instinct . Biologists have discovered that when animals lack food , water and shelter , they create a " negative energy budget " that makes it impossible for them to find steady , subsistence income . What they really need is a lottery hit . Animals in desperate situations , therefore , tend to have more variable harvests . Although this increases the risk of getting nothing , it is also the most feasible way to replenish the energy that is running out . In an experiment conducted by the biologist Thomas Kaleck , yellow-eyed rushes were given two choices : a fixed number of kernels of a plate ; On the other hand , there may be twice as many kernels on the plate , or there may be none at all . Birds that had just eaten were more likely to choose the " sure " option , while hungry birds flew to the plate where the kernels were uncertain without hesitation . The same is true of human evolution . When survival was at stake , our ancestors could only survive if they were willing to take more risks . When food was scarce , for example , early humans might have taken the risk of hunting large , fierce animals , either to get enough to eat or to die at the hands of predators . Conservative compromises , such as gathering wild fruits , did not guarantee survival .
By Buehler Bowen3 years ago in Journal
