My thoughts on phone technology;
When I was a young girl, I remember that the only way of communication was through the old landline phones available in some homes and certain places.
Now I still have a landline phone because of the DSL internet connection. And because I have a landline, I don’t need to worry about falling off the grid with a dead smartphone battery.
In the early 90s, Motorola, Nokia and Ericson phones started to get in the market and everyone was really so excited about cell phones. Sort of a status symbol. Every executive in town must own at least one.
I didn't really have a cell phone until I entered my working life. It didn’t play that big of a factor in my life, at that time. So I treated it the same way that I treated my other phones.
To me it was nothing special and I felt there were better things to do. And I wasn't a big fan of social applications unless they were important calls, something to do with work, close families and friends.
Nowadays, smartphones have become such powerful and versatile tools that, for many people, they feel literally indispensable.
Application is probably the reason that I use my smartphone so much, it helps me with my everyday task.
Like when I wake up in the morning the first thing that I do is check the weather and my email to see if I have gotten any important message and what I should wear that day. When I need to go somewhere new I use Google Map/Waze to help me get there.
Social media apps also play a huge part because I am always plugged in and I can always see what people are up to and doing. I probably check them multiple times throughout the day, and it can become a distraction sometimes, when you're so connected to your phone.
It makes you procrastinate on a lot of things like you may push your work aside because you got distracted by your phone.
Also you can get sucked into the interconnectedness online that you forget about the real world in front of you.
I couldn’t just fabricate this experience by sitting myself down for some quiet solitude. In fact, it’s easy to feel like you’re the one who’s lost when you can’t find your phone.
So folks, how do you know whether your attachment to your smartphone is just a 21st century cultural phenomenon or a genuine, life-altering addiction?
- Dec 30, 2021
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My thoughts on investment;
Timing the market is extremely difficult, if not downright impossible to be done consistently over time.
Dollar-cost averaging can serve you well because it can reduce the impact of regret aversion: the tendency to refrain from making decisions to prevent any potential mistakes, for example "I should have bought" or "I shouldn't have bought."
It may seem like a boring strategy that may not be the talk of the dinner table – yet take it from one of the best money managers to have ever lived, George Soros, who says “good investing is boring”.
- Dec 29, 2021
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