Wednesday, 22 April 2015

Why Do Most Musician And Athletes Go Broke Quickly

There is a old saying that if you treat money with respect money will respect you, but if you disrespect money money will disrespect you. I have live to see that old saying come true, when you start to make money before you start to spend it please learn about money management. The main rule in money management is simple spend in your limit which simple means don't spend more than what you earn, you don't need a financial consultant to tell you that. That's simple maths you learn in basic school.

What causes most athletes and musician to go broke is there lifestyle, when you are at the peak of your career you are earning millions so you take on a lifestyle to match your income the flashy cars, the big mansions and the jewelry etc. When there careers are over the millions spot to flow in but what you they continue to do is live the same lifestyles, then what you find out is that they are now spending more than what they earn and that spell disaster.

One of there biggest down fall is bad business deals, people come to you everyday with the best business ideas and they are telling you how we are going to make millions together. And guess what they are going to use your money to do these business deals. If a person has a great business deal come on lets be realistic will they come to you with it.

Stay away away from clothing lines and restaurants you will loose every single penny you have in these business deals. My advice to any musicians or athletes is to let your money stay in the bank and attract those boring interest rates than to invest in falling business or flashy lifestyles.

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Friday, 17 April 2015

Can Marijuana (Ganja) Take Jamaica Out Of Poverty.

Can Marijuana take Jamaica out of poverty, marijuana  is a product of the hemp plant cannabis sativa and appears as a green, brown, or gray mixture of dried shredded leaves. Marijuana is mostly use for recreational purpose (smoking). 

The reason why people makes money selling marijuana is because it is illegal, and with illegal items comes a higher risk and the higher the risk the higher the income. If marijuana becomes legal the risk will be less the lesser the risk the lesser the income.

When marijuana becomes legal the price will go way way down, when the price of a commodity falls in order to make money you have to go for quantity and quality. Now there the big investors will come in with the money for production and the securing of the market for the product.

The small ganja farmer will ended up like normal people working on a sugar cane plantation working for minimum wages. Taking Jamaica out of poverty will have to do way more that ganja legalization, we have to educate our work force to take on the new millennium.
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Tuesday, 10 February 2015

Will Robots Take Our Jobs

 Cheaper, better robots will replace human workers in the world's factories at a faster pace over the next decade, pushing manufacturing labour costs down 16 percent, a report Tuesday said.

The Boston Consulting Group predicts that investment in industrial robots will grow 10 percent a year in the world's 25-biggest export nations through 2025, up from 2 percent to 3 percent a year now. The investment will pay off in lower costs and increased efficiency.
Robots will cut labour costs by 33 percent in South Korea, 25 percent in Japan, 24 percent in Canada and 22 percent in the United States and Taiwan. Only 10 percent of jobs that can be automated have already been taken by robots. By 2025, the machines will have more than 23 percent, Boston Consulting forecasts.

Robots are getting cheaper. The cost of owning and operating a robotic spot welder, for instance, has tumbled from $182,000 in 2005 to $133,000 last year, and will drop to $103,000 by 2025, Boston Consulting says.

And the new machines can do more things. Old robots could only operate in predictable environments. The newer ones use improved sensors to react to the unexpected.
In a separate report, RBC Global Asset Management notes that robots can be reprogrammed far faster and more efficiently than humans can be retrained when products are updated or replaced — a crucial advantage at a time when smartphones and other products quickly fade into obsolescence.

"As labour costs rise around the world, it is becoming increasingly critical that manufacturers rapidly take steps to improve their output per worker to stay competitive," said Harold Sirkin, a senior partner at Boston Consulting and co-author of the report. "Companies are finding that advances in robotics and other manufacturing technologies offer some of the best opportunities to sharply improve productivity."
Boston Consulting studied 21 industries in 25 countries last year, interviewing experts and clients and consulting government and industry reports.

The rise of robots won't be limited to developed countries with their aging, high-cost workforces. Even low-wage China will use robots to slash labour costs by 18 percent, Boston consulting predicts.
Increasing automation is likely to change the way companies evaluate where to open and expand factories. Boston Consulting expects that manufacturers will "no longer simply chase cheap labour." Factories will employ fewer people, and those that remain are more likely to be highly skilled. That could lure more manufacturers back to the United States from lower-wage emerging market countries.

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Friday, 16 January 2015

Can Terrorism Put The World Economy In A Recession

Can Terrorism Put the world economy in an Recession , with the past events in Paris with the killing of 12 people, can terrorism put the world economy in a recession. More countries are taking steps to avoid a terror attack, one way in doing so is by patrolling there borders and putting additional securities at over points of entry. Doing this will help to reduce the possibility of a terror attack.

A US drone in action over North Waziristan

Trying to stop a terrorist attack puts more strain on any economy and will slow down the movement of goods and services, doing so will slow down the world economy. It is costing the United States Of American government close to 100 millions  dollars a week to keep up an Air Strike on Islamic Militant. Terrorists are now targeting social network sites and and causing these companies to invest more in online security.

The war against terrorism in Afghanistan and Iraq cost close to 6 trillion dollars, these nowadays terrorist are using some new tactics in there attack like what we saw in France at the Charlie Hebdo Magazine which will cost a lot more to stop them.

Terrorist organization are now using home grown people who can move about freely without being detected to carry out there terror attacks like what we saw happened in Canada. What will it cost governments world wide to deal with this sort of problem.


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Thursday, 15 January 2015

YouTube The New Motown Records

The biggest name in the entertainment business is YouTube, what determine your music career is not the recording company you are with or how talented you are. What determine your music career is the amount of views you get on YouTube.

YouTube is a video social network site, YouTube is an easy way for users to share there videos with millions of users. YouTube is the most popular video social media network site, in the 60's , 70's, 80's and 90's you would have to find a recording company like Motown who was very popular at the time  to invest in your career. Now the easiest way to get recognize is thru social media network sites like YouTube or Facebook.

Social media networks sites like YouTube and Facebook have millions of daily users which makes it quite easy to put across you products or services to millions of potential customers. There are quite a few celebrities that got very rich and famous from YouTube like Dondria, Soulja Boy, Marié Digby and Justin Bieber the most popular of them all.

A very inspirational case was a so call mad man who lived in a gully in Jamaica who goes by the name Gully Bop. He was discovered by a teenager who upload a video of him singing on Facebook he soon became a social media celebrity, since then he has made many great appearance on some of the biggest reggae shows and he has made a good impression so far. Is latest single "Drop me" got 120,000 views in the first 3 days on YouTube.

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Wednesday, 14 January 2015

Are You discourage By Your Weight Loss Efforts

Losing weight is a very big task as you grow older it is very easy to put on weight, because your metabolism system slows down. Being over weight is very bad for your health, being over weight can lead to high blood pressure, diabetes and heart disease.

Losing weight is all about calories in and calories out as i mention in previous posts. the first thing you need to do is watch your intake of food. To loose one pound you have to loose 3500 that means you have to consume 500 calories less for 7 days.

It is very important to keep a diary of all the foods you consume during the day, so you can measure the amount of calories you consume. Check you weight every morning to see your progress, a lot of people may disagree but i check my weight in the mornings to see if i have gain any weight or loose any weight then i adjust my diet or exercise pattern to reach my goal. 

Exercise is very important, you need to do at least 20 to 30 min exercise daily to keep your weight in check. I recommend walking we where born to walk it comes natural you can walk 20 mins in the morning walk 15 mins during your lunch time and walk 20 mins after work.

If you work in an office don't sit at your desk for more that 20 mins, get up and walk to the lunch room or walk to the photocopy machine always try your best to keep moving during the day as this will help you to loose some weight.

Swimming is a very good exerciser it works the entire body and it is also very good to lower your blood pressure. Jumping rope is a very good way to loose weight but you have to do it right else you can hurt yourself.

Please don't be discourage by your weight loss efforts because loosing the excess pound will bring you better health.  
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Wednesday, 7 January 2015

What Cause The Drop In Oil Prices

The drop in oil price is cause by the old business science, when supply is more than demand the price of any commodity falls. Countries who's economy is solely dependable on oil is feeling the hardship of the fall in oil price.

Venezuela ,Nigeria and Russia needs a barrel of oil to be sold for more that $115 so that they can balance there economy and prevent them from entering into a rescission. What cause the over supply of oil on the market is simple.

In mid 2000,s oil price  was moving like the wind, the price of oil went past the $100 dollar mark. That push countries like North American and Canada to look for more oil in places like North Dakota which they have found a sea of oil which can last for many years to come.

More fuel efficient cars or now built that can give you up to 30 miles to the gallon, electricity companies have now build more fuel efficient gas turbines to produce cheaper and cleaner electricity.

More countries have also venture in alternative energy like solar, hydro electricity and windmills, with all these new inventions and findings the demand for oil as becomes way less and that's the main cost for the reduction in price.

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