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Property Rights

What Are Property Rights?

Property rights define the theoretical and legal ownership of resources and how they can be used. These resources can be both tangible or intangible and can be owned by individuals, businesses, and governments. In many countries, including the United States, individuals generally exercise private property rights or the rights of private persons to accumulate, hold, delegate, rent, or sell their property. In economics property rights form the basis for all market exchange, and the allocation of property rights in a society affects the efficiency of resource use.

Understanding Property Rights

Property is secured by laws that are clearly defined and enforced by the state. These laws define ownership and any associated benefits that come with holding the property. The term property is very expansive, though the legal protection for certain kinds of property varies between jurisdictions.Property is generally owned by individuals or a small group of people. The rights of property ownership can be extended by using patents and copyrights to protect:

  • Scarce physical resources such as houses, cars, books, and cellphones
  • Non-human creatures like dogs, cats, horses or birds
  • Intellectual property such as inventions, ideas, or words

Other types of property, such as communal or government property, are legally owned by well-defined groups. These are typically deemed public property. Ownership is enforced by individuals in positions of political or cultural power. Property rights give the owner or right holder the ability to do with the property what they choose. That includes holding on to it, selling or renting it out for profit, or transferring it to another party.

Acquiring Rights to a Property

Individuals in a private property rights regime acquire and transfer in mutually agreed-upon transfers, or else through homesteading. Mutual transfers include rents, sales, voluntary sharing, inheritances, gambling, and charity. Homesteading is the unique case; an individual may acquire a previously unowned resource by mixing his labor with the resource over a period of time. Examples of homesteading acts include plowing a field, carving stone, and domesticating a wild animal. In areas where property rights don’t exist, the ownership and use of resources are allocated by force, normally by the government. That means these resources are allocated by political ends rather than economic ones. Such governments determine who may interact with, can be excluded from, or may benefit from the use of the property.

Private Property Rights

Private property rights are one of the pillars of capitalist economies, as well as many legal systems, and moral philosophies. Within a private property rights regime, individuals need the ability to exclude others from the uses and benefits of their property. All privately owned resources are rivalrous, meaning only a single user may possess the title and legal claim to the property. Private property owners also have the exclusive right to use and benefit from the services or products. Private property owners may exchange the resource on a voluntary basis.

Private Property Rights and Market Prices

Every market price in a voluntary, capitalist society originates through transfers of private property. Each transaction takes place between one property owner and someone interested in acquiring the property. The value at which the property exchanges depends on how valuable it is to each party. Suppose an investor purchases $1,000 in shares of stock in Apple. In this case, Apple values owning the $1,000 more than the stock. The investor has the opposite preference, and values ownership of Apple stock more than $1,000.

Financial Literacy

What Is Financial Literacy?

Financial literacy is the ability to understand and effectively use various financial skills, including personal financial management, budgeting, and investing. Financial literacy is the foundation of your relationship with money, and it is a lifelong journey of learning. The earlier you start, the better off you will be, because education is the key to success when it comes to money.

Read on to discover how you can become financially literate and able to navigate the challenging but critical waters of personal finance. And when you have educated yourself, try to pass your knowledge on to your family and friends. Many people find money matters intimidating, but they don’t have to be, so spread the news by example.

Understanding Financial Literacy

In recent decades financial products and services have become increasingly widespread throughout society. Whereas earlier generations of Americans may have purchased goods primarily in cash, today various credit products are popular, such as credit and debit cards and electronic transfers. Indeed, a 2019 survey from the Federal Reserve Bank of San Francisco showed that consumers preferred cash payments in only 22% of transactions, favoring debit cards for 42% and credit cards for 29%.

Other products, such as mortgages, student loans, health insurance, and self-directed accounts, have also grown in importance. This has made it even more imperative for individuals to understand how to use them responsibly. Although there are many skills that might fall under the umbrella of financial literacy, popular examples include household budgeting, learning how to manage and pay off debts, and evaluating the tradeoffs between different credit and investment products. These skills often require at least a working knowledge of key financial concepts, such as compound interest and the time value of money. Given the importance of finance in modern society, lacking financial literacy can be very damaging to an individual’s long-term financial success.

Being financially illiterate can lead to a number of pitfalls, such as being more likely to accumulate unsustainable debt burdens, either through poor spending decisions or a lack of long-term preparation. This in turn can lead to poor credit, bankruptcy, housing foreclosure, and other negative consequences. Thankfully, there are now more resources than ever for those wishing to educate themselves about the world of finance. One such example is the government-sponsored Financial Literacy and Education Commission, which offers a range of free learning resources.

Strategies to Improve Your Financial Literacy Skills

Developing financial literacy to improve your personal finances involves learning and practicing a variety of skills related to budgeting, managing and paying off debts, and understanding credit and investment products. Here are several practical strategies to consider.

Create a Budget—Track how much money you receive each month against how much you spend in an Excel sheet, on paper, or with a budgeting app. Your budget should include income (paychecks, investments, alimony), fixed expenses (rent/mortgage payments, utilities, loan payments), discretionary spending (nonessentials such as eating out, shopping, and travel), and savings.

Pay Yourself First—To build savings, this reverse budgeting strategy involves choosing a savings goal (say, a down payment for a home), deciding how much you want to contribute toward it each month, and setting that amount aside before you divvy up the rest of your expenses.

Pay Bills Promptly—Stay on top of monthly bills, making sure that payments consistently arrive on time. Consider taking advantage of automatic debits from a checking account or bill-pay apps and sign up for payment reminders (by email, phone, or text).

Investing lesson of Peter Lynch



Peter Lynch is one of the most successful and top value investor of all time. He was a legendary fund manager who gave 29% returns to their investors for 13 years in a row. He wrote books on value investing , where he shared his investment lessons which he learned and used during his journey as an investor. He is one of the greatest value investor of all time. He is a firm believer that an average investor can also pick winning stocks as Wall Street professional with right research, patience , steady discipline and common sense.


Some of his investment principles are –

1. Invest in what you already know – “The worst thing you can do is invest in companies you know nothing about. Unfortunately buying stocks on ignorance is still a popular American pastime.” -Peter Lynch
People can perform well by investing in what they already know. For instance if a doctor wants to invest in banking sector (about which he know nothing) , he will not have that great return as compared to if he will invest in pharmaceutical companies ( as he already knew about drugs, healthcare sector and their companies)
“Invest in what you know. It leaves out the role of serious fundamental stock research. People buy a stock and they know nothing about it. That’s gambling and it’s not good.” -Peter Lynch
So, it’s better to choose the company whose products/services are either used by you or you are familier of the products/services of that company in some way or other. These knowledge will lead you to invest in better stocks .
2. Invest in companies not in stocks – “Look for small companies that are already profitable and have proven that their concept can be replicated. • Be suspicious of companies with growth rates of 50 to 100 percent a year”-Peter Lynch

Behind every stock there is a company. If companies will perform well, the stocks automatically will perform well. So, it’s important to know about the company, it’s business model. Choose a company whose fundamentals are strong. A company whose business model is so easy to understand that anyone can understand and run that company.

“Go for a business that any idiot can run – because sooner or later any idiot probably is going to be running it” -Peter Lynch

Know a companies management, it’s fundamentals and then ask yourself , “are you able to understand the mission and vision of the company? “ or “If you’ll be given the responsibility to run this company, will you be able to run the company? “
If the answers to the above questions are a YES then it’ll be great to invest in that company.
So always remember that you have to invest in a company and not in a single stock.


“Behind every stock is a company. Find out what it’s doing.” -Peter Lynch

“Never invest in a company without understanding its finances. The biggest losses in stocks come from companies with poor balance sheets.”

3. Don’t take unnecessary risks. Take calculated risks – You don’t have to take risks which you can’t bear. Only take calculated risks.
Let’s say, you have $10 dollar, maybe if you will lost this, you won’t regret. But what if you lost $100 or $1000! Always buy stocks of the amount if you lose won’t regret. You are not required to put all your money in market and risk all that money. Instead put only that amount which if you lose won’t make you regret of investing.
Also, invest only the amount you will not need ever back in your life
4. Peter Lynch said that the most important thing that keep in mind while investing is : know why you own it.

“ You have to know what you own ,and why are you own it .” -Petrr Lynch

It sounds simple but it is not . He said when I asked most people they just don’t know why they own a stock . 80% of investors have no answer to this question .

They maybe hear some tip from anywhere and put their money at risk and when they lose it they blame institutions .
First you have to know the reason . Why you should invest in this company ,research about that company . Check their balance sheets . Without proper research you are not investing you are just gambling . Read and know as much as you can about the company. And remember to buy the company and not just a stock.

“If you’re prepared to invest in a company, then you ought to be able to explain why in simple language that a fifth grader could understand, and quickly enough so the fifth grader won’t get bored.” – Peter Lynch

5. Invest for long time- Lynch used to hold stocks for long period of time. He used to sell the stocks when the fundamentals of any company gets changed. This is his advice for all investors out there to not go behind short term profits but invest for a long period of time.
He even conducted many studies to understand the power of compounding.

“People who succeed in the stock market also accept periodic losses, setbacks, and unexpected occurrences. Calamitous drops do not scare them out of the game.”


Some more investment lessons by Peter Lynch :

• “Never invest in any idea you can’t illustrate with a crayon .”

• “The trick is not to learn to trust your gut feelings, but rather to discipline yourself to ignore them. Stand by your stocks as long as the fundamental story of the company hasn’t changed”

• “Whenever you invest in any company, you’re looking for its market cap to rise. This can’t happen unless buyers are paying higher prices for the shares, making your investment more valuable.”


• “There’s no shame in losing money on a stock. Everybody does it. What is shameful is to hold on to a stock, or worse, to buy more of it when the fundamentals are deteriorating.”

• “Never invest in any company before you’ve done the homework on the company’s earnings prospects, financial condition, competitive position, etc”

• “Big companies have small moves, small companies have big moves.”

• “Good management, a strong balance sheet, and a sensible plan of action will overcome many obstacles, but when you’ve got weak management, a weak balance sheet, and a misguided plan of action, the greatest industry in the world won’t bail you out.”

• “In the long run, a portfolio of well chosen stocks and/or equity mutual funds will always outperform a portfolio of bonds or a money-market account. In the long run, a portfolio of poorly chosen stocks won’t outperform the money left under the mattress.”


This is how he succeed in the world of investment. You can learn from him and help yourself to reach the level you want in investment.


Thank you.

Unemployment

Unemployment has become one of the biggest problems around the world. When an individual is an implied, he or she will know very less about the mankind. It is so difficult to face situation and handle situations when the individual is unemployed. Unemployment leads to many silly mistakes. And an unemployed person cannot take over the family and lead the family as well. There is a huge competition in highly populated countries like India. In order to be employed, the only method is to study hard and improve the skills and score better. Basically, the students are not showing good amount of interest towards the studies. Let us now see how to motivate them.

Covid crisis has made many people unemployed. It has taken away the basic need of living. Many people are left with the unfilled stomachs. Some people are dead about by not finding a way to live.

Types of unemployment :

There are four main types of unemployment in an economy frictional, structural, cyclical, and seasonal and each has a different cause.

1. Frictional unemployment :

Frictional unemployment is caused by temporary transitions in workers lives, such as when a worker moves to a new city and has to find a new job. Frictional unemployment also includes people just entering the labor force, such as freshly graduated college students. It is the most common cause of unemployment, and it is always in effect in an economy.

2. Structural unemployment :

Structural unemployment is caused by a mismatch in the demographics of workers and the types of jobs available, either when there are jobs available that workers don’t have the skills for, or when there are workers availabes but no jobs to fill. Structural unemployment is most obvious in industries undergoing technological advancements.

3. Cyclical unemployment :

Cyclical unemployment is caused by declining demand. When there is not enough demand in an economy for goods and services, businesses cannot offer jobs . According to keynesian economics , cyclical unemployment is a natural result of the business cycle in times of recession: if all consumers become fearful at once, consumers will attempt to increase their saving at the same time, which means there will be a decrease in spending, and businesses will not be able to employ all employable workers.

4. Seasonal unemployment :

Seasonal unemployment is caused by different industries or parts of the labor market being available during different seasons. Fot instance, unemployment goes up in the winter months, because many agricultural jobs end oncr crops are have harvested in the fall, and those wotkers are left to find new jobs.

Consequences of unemployment in an Economy :

Low unemployment is key to economic stability High and long- term unemployment can cause significant stress on a nation in three key areas.

* Individuals :

Unemployed people have no ability to fulfill their financial obligations and can become mentally stressed, ill, and even homeless.

* Economic efficiency :

During times of high unemployment many job seekers will accept new jobs below their skill level, a situation called “underemployment ” which translates to a loss of human capital for an economys labor market. Unemployed workers will also significantly decreases their consumer spending, which is one of the driving forces of economic growth. Without consumer spending, the economy will slow dramatically.

* socio- political stability :

If unemployment remains high, citizen dissatisfaction can rise to the point of widespread civil unrest.

Possible solutions for Unemployment :

Solving unemployment is a hotly debated topic, and no economists agree on one simple way to do it. However, in the U.S ,if unemployment rises noticeably, the government usually steps in with specific policies designed to lower the total number of unemployed people.

1. Monetary policy :

Monetary policy is financial influence implemented by a central bank . Monetary policies usually come in the form of lower interest rates, which increase the total money supply within an economy by allowing banks and businesses more access to loans and therefore, more accessible spending power.

2. Fiscal policy :

If expansionary monetary policy doesn’t adequately lower the unemployment rate government agencies will turn to fiscal policy. Fiscal policy is fiscal stimulus implemented by the national government and fiscal policies include spending on infrastructure, proposingtax cuts , increasing the minimum wage, or implementing unemployment benefits. These methods are designed to inject more demand into private economy and strengthen economic activity.

Let us now see some of the ways to motivate the students to study and get employeed.

• Make things easier :

Showing the things easier and explaining them with clarity helps the students to show better interest on the subject and makes them to pay more attention on what the teacher is trying to convey. When the topics are shown easier for the students, they start learning them and they feel achieved and they pay more attention to study. When a student learns a particular topic or a question, he/she feels comfortable and happy for getting it. Once if they start reading, they develop the interest in them and they continue to read more and more.

• Tell the importance :

The students must be motivated with good number of words to understand the need of studying and what happens if they don’t study. A student is like a bird without the wings when they don’t study. So, it is very important to motivate students to study and to make them understand the need of the situation. Motivation brings the right change in the students who are not interested in learning. It develops the interest in them to study.

It seems good if the government provides good number of jobs.

Education in the present

Education is very important in every individual’s life as it is very important for the living. The person who is educated will be well treated by the society and will you have good potential wherever he or she goes. Education as the extra energy to the individual’s life and a moles the individuals character into a good one. It is very important to be educated as the competition in the world is comparatively very high.

Online classes are the greatest and the biggest task to all the students. It is so difficult for all the students to understand the topics in a detailed manner. Even though the students try their level best to understand the topics during the online class, it is only the 50% of learning but the topics are not understood properly but the students and face lots of difficulties.

It is also equal difficult to conduct exams to all mine because it’s exams are connected through online then there is a chance formal practices. Basically, students commit malpractices during exams in a view to get good marks but not about the knowledge. So,many of the students commit malpractices.

Ways to improve the education system

* skill – based learning :

As of now , the education system is such that everyone is forced to study science and math. If this system can be revamped to identify the strengths of a student, then they can be given appropriate training in the chosen field. This will ensure that the child shines in that particular field.

* Rural Education :

As the sad thing about the Indian education system is the fact that its focus is only on urban clusters. There are hardly any decent centres of learning in the rural areas. This is especially true in terms of higher education. If a country has to actually develop, urban and rural development have to go hand in hand.

* Gender Neutral Education :

The education system has always favoured men over the fairer sex. The major change that must be brought about is to involve women in the same. Particularly subjects that are now considered to be the strength of men alone ( like carpentry, engineering, etc). Should be made more accessible to women. Pioneer women in these fileds should be given due encouragement and appreciation.

* Teacher Training :

India has a very good quality of dedicated teachers. However, the sad fact here is the fact that after they join this service, they receive little or no training. In such a situation, giving them periodic training will not just ensure that they are updated with the changing times, but will also improve the entire education scene of the country by leaps and bounds.

* Infrastructure :

As in every other sector, the indian education sector is one that suffers from the acute death of infrastructure. Most of the government schools do not even have proper chairs, tables, restrooms, let alone a playground, libraries and laboratories. Thus ,the first step in revamping the education scene in the country should begin with improving the infrastructure so that the students are given an evironment where they can learn to the best of their abilities.

* subsidising professional courses :

It is a sad reality that many meritorious students are not able to afford professional corses because of the sheer expense involved in the same. This is all the way truer in case of students from the general category who do not have access to many scholarships. In such a situation subsidising the cost professional education will ensure that the same is within the reach of deserving students from the lower and lower middle class strata of the Indian society.

* Basic computing In Rural Areas :

On one hand , India is a land of IT giants; on the other, rural India is completely digitally ill- equipped, in a sitiation like this, the first change that the education system must bring forward is to start free computing classes for skill development in rural areas. Only then will rural Indian move in the same pace as that of the urban Digital India and the country embark on the journey of development.

* Make sports compulsory :

One of the main reasons for the alarming rise in suicide amongst students in the country is the fact that they cannot handle stress. That in turn is because they are subjected to too much mental pressure. By making sports compusory it can be ensured that all the students indulge in some sort of some physical activity. This will lead to their mind performance better and enable them to grasp their theory lessons well.

* Educate parents :

Most of the times it is seen that the children’s woes centre atound that of their parents. In the Indian scenerio, parents are the ones who force their wards into a career they do not like. As a result students do not excel and upon failing to meet their parents expectations, they suffer from a number of mental health issues. To prevent such a thing from happening, the first step that must be taken is to educate the parents about the different carrer options that are available to the students and the possible scope of future in them.

* Remove The Reservation system :

The reservation system in India has been so obsessed with providing the best of opportunities to the reserved that it misses out on many opportunities for the ones who actually deserve the same. This results in not just personal loss for certain people but also brain drain for the entire country and fosters a massive loss to the nation’s economy.

Today’s education system may be good to score marks, but fails to retain the knowledge once students have completed their examinations. This leads to young minds being stifled at an age when they should be asking questions, learning and gaining knowledge, and developing a thirst for more knowledge.

Acid Rain

“The unthinkable is that we’re distorting this atmospheric balance. We’re shifting the chemical balance so that we have more poisons in the atmosphere – ozones and acid rain on ground level – while we’re also changing the thermal climate of the earth through the greenhouse effect and – get this – simultaneously causing destruction of our primary filter of ultraviolet light. It’s incredible. Talk about the national-debt crisis – we’re piling up debts in the atmosphere, and the piper will want to be paid.”

~ Michael Oppenheimer

Introduction

Acid rain, or acid deposition, is a broad term that includes any form of precipitation with acidic components, such as sulfuric or nitric acid that fall to the ground from the atmosphere in wet or dry forms. This can include rain, snow, fog, hail or even dust that is acidic.

Acid rain is caused by a chemical reaction that begins when compounds like sulfur dioxide and nitrogen oxides are released into the air. These substances can rise very high into the atmosphere, where they mix and react with water, oxygen, and other chemicals to form more acidic pollutants, known as acid rain.

It can have harmful effects on plants, aquatic animals, and infrastructure.

Effects of Acid Rain

The ecological effects of acid rain are most clearly seen in aquatic environments, such as streams, lakes, and marshes where it can be harmful to fish and other wildlife. As it flows through the soil, acidic rain water can leach aluminum from soil clay particles and then flow into streams and lakes.

Acid rain has been shown to have adverse impacts on forests, freshwaters, and soils, killing insect and aquatic life-forms, causing paint to peel, corrosion of steel structures such as bridges, and weathering of stone buildings and statues as well as having impacts on human health.

Acid rain also causes the corrosion of water pipes. Which further results in leaching of heavy metals such as iron, lead and copper into drinking water.

Prevention

1. The only precaution that we can take against acid rain is having a check at the emission of oxides of nitrogen and sulphur.
2. We have so far seen the details of acid rain and its harmful effect on animals, plants and the monuments.
3. Being responsible citizens, one should be aware of the harmful effects they cause and of the industries which give out nitrogen and sulphur compound wastes unethically. 4.A great way to reduce acid rain is to produce energy without using fossil fuels. Instead, people can use renewable energy sources, such as solar and wind power. Renewable energy sources help reduce acid rain because they produce much less pollution.

Acid Rain in India

Analysis of rainwater samples from Nagpur, Mohanbari (in Assam), Allahabad, Visakhapatnam and Kodaikanal in the decade 2001-2012 showed a pH level varying from 4.77 to 5.32, indicating that these places have actually been receiving ‘acid rain’. Rainwater with pH below 5.65 is considered acidic.

As energy requirements in India will grow rapidly in tune with the economy, coal dependence is expected to increase threefold over the current level of consumption, making the clouds of acid rain heavier over many highly sensitive areas in the country – the northeast, parts of Bihar, Orissa, West Bengal ,etc ,.

The rains in the Indian Ocean and the Arabian Sea and the Bay of Bengal have become acidic. Studies show the importance to regularly monitor more places for acid rains. But the mechanism to study acid rains is at present inadequate in India. imd stations are not located in the most polluted areas in the country.

Link

Greed vs Generosity: Which Gives a Better Competitive Advantage?

Many people think that in the professional world, selfishness and greed are the characteristics that pay dividends. But the truth is, excepting win-lose situations, that the most successful people in the medium and long term are those who are the most generous in their business and personal lives.

Ambition is a desire to take on more than you can realistically accomplish, to constantly strive for improvement, to grow both personally and professionally, and, of course, the desire to generate more income. However there comes a time when ambition crosses a line, and when that happens it becomes greed. Greed is the desire to chew more than you can eat, a desire that distracts you from realistically possible goals. Greed is wanting to get more than what you have actually earned, obtaining maximum profit at minimum cost, or as an old adage has it: “Grasp all, lose all.”

Today there is an abundance of courses and books on finance, limitless knowledge on hand with a simple click. But to know what is right, to subdue the pirates of greed and to follow your trading plan- this is another story. People who look for easy money invariably find that there is no such thing, paying a heavy price for this lesson. Ego, vanity, and revenge play a part, causing people to fail on their trading accounts. This is one of the factors that explains why people might not fall into the exclusive 10% that ‘win’, and find themselves one of the 90% that lose.

Literature and film are full of greedy and stingy characters, and the moral of films like ‘A Christmas Carol’ or ‘The Wolf of Wall Street’ is always the same: the fate of the greedy is heartbreaking. Their addiction to work means that they live a lonely life, and their search for wealth means that at the end of their lives, they have only the sober memory of their friends from the Stock Exchange.

GIVE AND TAKE

People do not realize that giving without expecting something in return could be a competitive advantage, as well as making ones outlook more positive. Studies have shown that the most successful people are generous. At least this is the affirmation of Adam Grant, a psychologist and professor at Wharton and author of “Give and Take”.

A generous person builds bigger and stronger networks, improves communication with their existing contacts, and also finds it easier to interact with people outside of their core network- this gives them access to new contacts and valuable sources of information. Generous people inspire in others a predisposition, or positive receptivity, to reconnect with them, as well as a greater willingness to collaborate.

Moreover, being a giver encourages persistence because givers are able to enthusiastically motivate people, inspiring confidence, because they are liberal with praise. They create a generally positive environment. Talent is important, but the most important factor in success is persistence. And what’s even more interesting is that being a giver has an energizing effect that increases levels of happiness.

According to Bill Williams, famous trader and writer of “Trading Chaos”, people with a ‘giving’ mindset enjoy more happiness and success. For example, later in his career Bill always traded two accounts, one for himself and one for his charities. The charity account always made more money, even though he traded using the same method with both accounts. In the charity account he never veered from his strategy, while in his own account he would sometimes take a trade based on a “feel”, or get in a trade before the actual signal. This shows us the importance of sticking to a plan, but also the importance of being a ‘giver’.

Giving distracts us from our problems, adds meaning to our lives and helps us feel valued by others. This explains why avidity and egoism are the trader’s worst enemy. Having a benevolent mindset while trading helps the trader to increase performance. Happy people earn more money on average, score higher yields, make better decisions and contribute more to their organizations. Furthermore, traders who are givers are at the top of the most successful trading operations.

THE GREED EFFECT

Focusing only on money results in the ‘greedy effect’, something that all professional traders know. In fact, one of the most common pieces of (rarely followed) advice that newbies receive is to shift their focus from trade results to the trading process, analyzing and following the rules of their trading system. Another suggestion is to start reasoning in pips and ticks instead of dollars. This reduces the greedy mindset and develops a more reliable attitude.

However we can make a further effort to improve our performance by shifting our focus to be more generous. One example is trading for charitable purposes like the aforementioned Bill Williams, another could be simply committing a small part of your monthly or annual profit to microcredits, which promote a world of stability and self-sufficiency, key to overcoming poverty.

Material things can be recovered, but feelings of guilt, helplessness and loneliness cannot be solved with money. If humans would be more understanding of and generous to others, the world would be a very different place. And that is why those who practice generosity, making it part of their daily lives, experience an uplifting of their mental and emotional state, and are generally filled with more satisfaction in their professional and personal lives.

In conclusion, we see that generous people are the most successful in their daily trading performance for the reasons described above. Having a giving mindset helps professionals become part of that exclusive group, the 10% of winners.

Renewable resources .

Replacing traditional sources of energy completely with renewable energy is going to be a challenging task. However, by adding renewable energy to the grid and gradually increasing its contribution, we can realistically expect a future that is powered completely by green energy.

– Tulsi Tanti

A way to live a new life . Without any destruction , without worrying about the future . Live a life where we can grow together , develop a life with renewable resources.

Introduction

A renewable resource, also known as a flow resource, is a natural resource which will replenish to replace the portion depleted by usage and consumption, either through natural reproduction or other recurring processes in a finite amount of time in a human time scale.

When such recovery rate of resources is unlikely to ever exceed a human time scale, these are called perpetual resources. Renewable resources are a part of Earth’s natural environment and the largest components of its ecosphere. A positive life-cycle assessment is a key indicator of a resource’s sustainability.

Renewable resources are an energy source that cannot be depleted and are able to supply a continuous source of clean energy.

Renewable resources also produce clean energy, meaning less pollution and greenhouse gas emissions, which contribute to climate change.

Examples of renewable resources.

  • Biomass .
  • Biogas.
  • Tidal Energy.
  • Wind Energy.
  • Geothermal Energy.
  • Radiant Energy.
  • Hydro Electricity.
  • Compressed Natural Gas.

Types of renewable resources.

1) Solar energy. Sunlight is one of our planet’s most abundant and freely available energy resources. 2) Wind energy. Wind is a plentiful source of clean energy. 3) Hydro energy.
4) Tidal energy.
5) Geothermal energy. 6) Biomass Energy.

Impact of renewable resources.

Environmental impact

Renewable energy projects have also contributed in improving environmental impacts such as reduction of carbon dioxide gas, awakening community about the climate change. The study observed very small impacts on the people living in a particular area, tourism, cost of energy supply, and educational impacts. Significant impacts were observed in improvement of life standard, social bonds creation, and community development. They also observed that the renewable energy projects are complex to install and are local environmental and condition sensitive. Their forecasting, execution, and planning require more consideration and knowledge as compared to other projects.

Social impact

These resources also provide social benefits like improvement of health, according to choice of consumer, advancement in technologies, and opportunities for the work, but some basic considerations should be taken for the benefit of humans, for example, climate conditions, level of education and standard of living, and region whether urban or rural from agricultural point of view. Social aspects are the basic considerations for the development of any country. The following social benefits can be achieved by renewable energy systems: local employment, better health, job opportunities, and consumer choice.

Advantages of renewable resources.

  • Renewable energy won’t run out.
  • Maintenance requirements are lower.
  • Renewables save money.
  • Renewable energy has numerous health and environmental benefits.
  • Renewables lower reliance on foreign energy sources.
  • Higher upfront cost.
  • Intermittency.
  • Storage capabilities.

Conclusion

Renewable energy is becoming an important resource in all over the world . I do agree that people might exploit the resources for there own benefit . But the government is working on that aspect and trying to provide resources that can help our future households .

There are a lot of different ways of building a prosperous society, and some of them use much less energy than others. And it is possible and more practical to talk about rebuilding systems to use much less energy than it is to think about trying to meet greater demands of energy through clean energy alone.

– Alex Steffen

Link

Universal destruction

How could it be possible that when the time gets worse we often ignore the vulnerable?

Nikhil Meshram

We are living in the world , where no one can intrude . A life , where you can’t touch the one you want . A life, where one has to stay away from his own . A life , where no one can go in one’s home . Yes , it’s a life we are living ‘ A life of a LOG’ .

Coronavirus , I believe it’s not a new word in your dictionary . This eleven letter word creating a massive destruction all over the world . I know you are well aware but the real question is , are you following the protocols properly?

Firstly let’s get some knowledge about coronavirus.

The origin .

The recent outbreak began in Wuhan, a city in the Hubei province of China. Reports of the first COVID-19 cases started in December 2019.

Coronaviruses are common in certain species of animals, such as cattle and camels. Although the transmission of coronaviruses from animals to humans is rareTrusted Source, this new strain likely came from bats, though one study suggests pangolins may be the origin.

However, it remains unclear exactly how the virus first spread to humans.

Some reports trace the earliest cases back to a seafood and animal market in Wuhan. It may have been from here that SARS-CoV-2 started to spread to humans.

Coronaviruses are a group of viruses that can cause disease in both animals and humans. The severe acute respiratory syndrome (SARS) virus strain known as SARS-CoV is an example of a coronavirus. SARS spread rapidly in 2002–2003.

The new strain of coronavirus is called severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2). The virus causes coronavirus disease 19 (COVID-19).


Around 80%Trusted Source of people with COVID-19 recover without specialist treatment. These people may experience mild, flu-like symptoms. However, 1 in 6 peopleTrusted Source may experience severe symptoms, such as trouble breathing.

The new coronavirus has spread rapidly in many parts of the world. On March 11, 2020, the World Health Organization (WHO)Trusted Source declared COVID-19 a pandemic. A pandemic occurs when a disease that people are not immune to spreads across large regions.

It’s okay take a deep breath . Yes, it’s a lot to take in but we all know how china played with the whole world .

The protocols.

  • Wear masks ,
  • Wash hands ,
  • Use sanitizers ,
  • Social distancing , etc,.

Is it important to follow protocols ?

You say NO , I say ‘if you want to die you can easily ignore the protocols ’ . Well I don’t want to die , I have my whole 20s , 30s and so on…… .

According to the survey, people have been moving around freely, meeting different social groups and attending gatherings, going to malls and markets. This indicates that a pandemic fatigue has set in after after a year of restrictions on movement, social distancing and strict mask wearing norms.

Well , if you are saying this is what following protocols is than I am happy to stay home rather than chilling around like a monkey . Like really , a monkey also has a common sense that when to do chilling and when to fight for himself . What we are doing is putting masks in our pocket to showcase the world that I have one . Haha it’s kinda funny .

We long to return to normal, but **normal led to this**. To avert the future pandemics we know are coming, we MUST grapple with all the ways normal failed us. We have to build something better. I hope this piece, in showing what went wrong, helps.

Link :

Old Becomes Richest Man In India Making Money Online!

Mithun Bhat, born in Bhopal, could buy 2 houses within a month, Bentley, Ferrari and paid all his debts. But previously, he worked with salary under the minimum wage. So, how could he earn so much money only in a month? He tells us his story.

“I worked at pizza delivery service for a year. I was prior a collage student and did a part time job in a restaurant. I did it to support my study. In the second year of study I was close to be expelled since I could not pay the tuition. At the time, I had to take a loan. I could finally paid my tuition, but I had no money to pay the monthly installments to the bank. Honestly, studying and working all at once was beyond my endurance, and eventually, I was expelled from campus a week before the end of school year. That was the beginning of the darkest days of my life. My father lost his job and my family didn’t know how to survive. Could you imagine how hopeless I felt? I had no decent work and no education, and my father lost his job. I could do nothing to help them.

One night, I was delivering a pizza to the last location. A guy opened the door. He was with his friends, and while he was paying the pizza, I heard their discussion about where would they invest Rs. 2,000,000 they earned 10 minutes ago. I just made a glance and saw a sort of graph and figures on the laptop screen. The guy opening the door gave me Rs. 1,000 but the price was only Rs. 600. He told me to keep the change.

I was absolutely surprised and after I got back home, I took my laptop and tried to recall about their discussion. After 5 minutes, I remembered that they told about online trading. On the Broker website I found the graphs and figures I saw at the guy’s laptop.

After reading all information about the broker and watching tutorial videos, I opened a demo account where I got virtual money. I quickly understood what I had to do, it was very easy. I earned some money after my very first transaction. Then I thought… I did not lose anything, so I decided to open a real account and deposited my last money there. At the morning, I woke up and saw that I earned Rs. 30,654 over that night. After 2 weeks I could paid my debts off, bought a car, and I could help my father while he was searching for a new job and pay his expenses for the next few months. 2 weeks later, I already had 2 houses in the suburb. And all I did without leaving my home and getting higher education.

That’s my luck. It would never happen if I did not meet the rich guy while delivering the pizza. I know there are a lot of people having not good times like me, that’s why I tell you: if you want to live without any problem, I can tell you how to earn money with Trading Resource. It is very easy if you would try it.

Ecommerce in India!

So let’s have a look that what does ecommerce mean~ E-commerce is the activity of electronically buying or selling of products on online services or over the Internet.

And if we talk about “Ecommerce in India” then, India has an Internet user base of about 696.77million as of May 2020, about 40% of the population. In 2017, the largest e-commerce companies in India were Flipkart, Snapdeal and Amazon. In 2018, Amazon beat Flipkart and was recorded the biggest ecommerce in India in terms of revenue. And it’s rapidly growing up day by day.

In India, cash on delivery is the most preferred payment method, accumulating 75% of the e-retail activities. Demand for international consumer products (including long-tail items) is growing faster than in-country supply from authorised distributors and e-commerce offerings. Long tail business strategy allows companies to realize significant profits by selling low volumes of hard-to-find items to many customers, instead of only selling large volumes of a reduced number of popular items. The term was first coined in 2004 by Chris Anderson.

In 2017, the largest e-commerce companies in India were Flipkart, Snapdeal and Amazon. In 2018, Amazon beat Flipkart and was recorded the biggest ecommerce in India in terms of revenue.

And some of the ecommerce sites are:

1. Amazon.in

2. Flipkart

3. Snapdeal

4. ebay India

5. IndiaMART

6. Shopclue

And so on…

But one should properly check the product and should take a clear look in the mind that this product is the only one which I want to purchase and they’ve can go on but inspection of the product must be the first priority of the customer.

Yoga!

Yoga Sanskrit: योग; Sanskrit for “yoking” or “union”, is a group of physical, mental, and spiritual practices or disciplines that originated in ancient India. Yoga is one of the six orthodox philosophical schools of Hinduism. There are a broad variety of yoga schools, practices, and goals in Hinduism, Buddhism, and Jainism and there are four paths or types of yoga: Karma yoga, Kriya yoga, Bhakti yoga, and Jnana yoga. Research studies have shown that traditional yoga systems that include breathing exercises and asanas or postures, chants, and meditation can reduce stress and improve immunity and lung functions. Traditional forms and modern methods of yoga are practiced worldwide.

The practice of yoga has been thought to date back to pre-vedic Indian traditions, possibly in the Indus valley civilization around 3000 BCE. Yoga is mentioned in the Rigveda, and also referenced in the Upanishads, though it most likely developed as a systematic study around the 5th and 6th centuries BCE, in ancient India’s ascetic and Śramaṇa movements.

The chronology of earliest texts describing yoga practices is unclear, varyingly credited to the Upanishads. The Yoga Sutras of Patanjali date from the 2nd century BCE, and gained prominence in the West in the 20th century after being first introduced by Swami Vivekananda. Hatha yoga texts began to emerge sometime between the 9th and 11th century with origins in tantra.



Yoga gurus from India introduced yoga to the West following the success of Vivekananda’s adaptation of yoga without asanas in the late 19th and early 20th centuries. The term “yoga” in the Western world often denotes a modern form of hatha yoga and yoga as exercise, consisting largely of the asanas. Outside India, it has developed into a posture-based physical fitness, stress-relief and relaxation technique. Traditional yoga, however, includes physical exercise, meditation, and spirituality. Yoga has its own epistemological method, which assumes the ontology and metaphysics of the closely correlated Samkhya darsana.

In this today’s world it’s so difficult to spend our time and go to gym and take a diet and etc etc. But yoga is formed to pe in a peace of mind where we are not just physically but we are mentally fit too.

Skin problems!

So before I write this article I want to say that doesn’t matter how you look how we look the most precious and beauteous thing in this world is the inner beauty!

Skin disorders vary greatly in symptoms and severity. They can be temporary or permanent, and may be painless or painful. Some have situational causes, while others may be genetic. Some skin conditions are minor, and others can be life-threatening.

While most skin disorders are minor, others can indicate a more serious issue. Contact your doctor if you think you might have one of these common skin problems

There are many different types of skin disorders. Here is a list of 25 with pictures

1.eczema.
2.psoriasis.
3.acne.
4.rosacea.
5.ichthyosis.
6.vitiligo.
7.hives.
8.seborrheic dermatitis.

And so on but all of these skin diseases can be cured. Don’t take a lot of time just sitting at the home and thinking about these diseases go to a dermatologist and make sure you have a Open conversation with him/her. You’ll definitely get the better results after that treatment.

And guys if you’re bullying someone due to these diseases then please this article is not for you! You need to be honest with yourselves that am I giving my best to everyone.

Music: what’s your thing?

Allegory of Music, by François Boucher, 1764

Music is the art of arranging sounds in time to produce a composition through the elements of melody, harmony, rhythm, and timbre. It is one of the universal cultural aspects of all human societies. General definitions of music include common elements such as pitch (which governs melody and harmony), rhythm (and its associated concepts tempo, meter, and articulation), dynamics (loudness and softness), and the sonic qualities of timbre and texture (which are sometimes termed the “color” of a musical sound). Different styles or types of music may emphasize, de-emphasize or omit some of these elements.

Okay! So in simple words music gives us a thrilling experience, it lowers down our stress and gives us a reliefable experience. Many of us might have different-different artists. Different types, different tastes, but I love all the types of music. Depending upon the mood but you know we all have a phase where we do need a motivational song, Which motivates us, which gives us a idea that where we are and where do we have to go. Sometimes we need a song which make us feel good after a breakthrough it might be when you fought with your best friend may be your partner may be your siblings your parents, from those who mean alot to you.

And there are a lot of types of music it may be:

1. EDMs.

2. Motivational songs.

3. Romantic songs.

4. A breakthrough song.

5. Rock music.

6. A whole mood song. Which gives you a thrill and makes your legs move. That song will let you dance. It happened with me I was once travelling in the metro and I was using my earbuds and suddenly that song came and I was like ‘yea it’s a whole vibe’.

And etc etc there are many types of songs but yes for sure it depends upon our mood

So my moto to write an article on this topic was that if you’re angry sit alone listen to music if you’re happy listen to the music if you can’t handle things listen to the music if you’re in a phase you can’t tell anyone please listen to the music. It just lower down the stress and music is the only thing you’ll listen to at that time this is my experience.