Archive for October, 2007

Happy Cycles

Friday, October 19th, 2007

happy cycleI’m pleased to announce that the World Happiness Survey (and Track It!) now has the ability to analyze your mood for cycles.

There are many repeating cycles in our world, some man-made, such as the working week, others natural, such as the cycle of the moon and the passing of the seasons.

I think the biorhythm theory is very interesting, but flawed. I think many of us do work in cycles, our own unique cycles, not some standard 23/28/33 day get up proposed by biorhythms. But our cycles are too long for us to notice.

Mood AnalysisWith our mood survey, you can test this theory. As you enter your daily mood, Supernifty will analyze your mood for cycles. Check out the example on the right.

To analyze your mood, from the main page click on “My mood”. You’ll get a frequency analysis, with your top 3 cycles.

Frequency analysis can only find cycles up to half the number of days you’ve entered moods for. So if you’ve entered four weeks of moods, you’ll get cycles up to two weeks long. The more data, the more accuracy. So enter those moods!

With frequency analysis, this enables us to pursue our next goal, mood prediction. I’m looking forward to my computer telling me, “Tomorrow, you will feel great!”. Ha ha!

World Happiness Survey

Monday, October 15th, 2007

HappinessWe are running a World Happiness Survey, by collecting people’s moods across the Earth. The goal of this is to learn more about people’s moods and happiness levels.

To participate, enter how happy you are feeling each day. Compare your mood to the world, your country, your age group, and more! We also analyse your mood for cycles. Predict your mood swings, and take action to reduce the damage, for instance by locking yourself in your room and eating only chocolate.

Add our mood widget to your blog to show how you’re feeling, like on the Supernifty Blog. If you use iGoogle, then install the Happiness Survey Google Gadget, which lets you quickly update.

If you’d like to help out, then sign up here! It’s free, and you might learn something new about yourself. It might even make you a happier person!

Alternatively, learn more about the Happiness Survey. The idea in part comes from this Buddhist oriented happiness book, which as a first step suggests identifying the causes of unhappiness. This survey tries to help with that.

The Happiness Survey is run by Track It!, a free application with which you can track anything you like, as well as your mood. Daily exercise, chocolate intake, etc. Set goals and see how you are faring. Try it out!

Haiku Ichi

Friday, October 12th, 2007

blossom

Time’s arrow is straight
But, seasons cycle, cycle.
It fools us. Live now!

Making money in a nutshell – disclaimer

Tuesday, October 9th, 2007

Money gone wrongIt has been pointed out that someone may follow the advice in the nutshell series and lose all their money. This could lead to them blaming supernifty for their woes. So, before you invest your fortune in a jet-ski or a new blog site, please consider this disclaimer.

Supernifty is not a qualified financial expert. Any decisions you make are at your own risk. Before making any financial decision you should consider consulting a proper financial expert, rather than basing your financial strategy on what’s written in some blog.

Thankyou. And don’t forget, it’s only money.

Making Money in a nutshell #2 – saving

Tuesday, October 2nd, 2007

moneyYou may have heard that saving money is the way to wealth. Especially those more conscientious readers (who apparently, are less likely to get Alzheimers, lucky you!). We’ve all heard it, the power of compound interest, blah blah blah. In Australia, we are encouraged to do this by ploughing all our spare money into superannuation.

Keep in mind that saving money has a big downside. You can’t spend it. Food, booze, a massive TV and an outside spa are all things you can’t buy if you save your pennies. Let’s analyse this save for wealth plan.

The idea of saving is that at some point you’ll have enough cash to not have to work. Assume then that all your saved cash will replace your existing work income. Throwing in a few more assumptions:

  • Income of $80000. This can be anything. It doesn’t affect any calculations.
  • An investment return after inflation of 10%. This is very generous.
  • An interest rate return equal to inflation. OK, so it is usually 1 or 2% above this but this will be offset by the other more generous assumptions.
  • You manage to save 10% of your income. Superannuation is currently 9% so this too is generous.

So, under this scenario you need to save $800,000, so you can get your $80,000 a year as a 10% return on investment. Put away 10% of your income each year and guess how long it will take you to reach this figure?

100 years.

OK, so maybe those assumptions are out. It might only take 50 years. 50 years! That’s practically a life time after you take out the essential growing up and school. If you start seriously working around 20, then you’ll be 70 before you can declare, “I’ve hit the jackpot!”. That is, if it “only” takes 50 years. Great.

Conclusion: don’t bother saving. Spend up now. What is the point of finally having enough cash, when you are about to cark it? Old and senile and unable to take advantage of your wealth, attained during your youth. Your youth which you wasted working and saving!

A cynical viewpoint would see the whole saving and superannuation strategy as one designed to keep the youth busy and occupied with a goal that can only be realised once they have lost the energy and will to force change. But that may be a bit too conspiracy.

There is a saying that we spend our youth attaining wealth, and then our wealth regaining our youth. Here’s a short-cut: spend the cash now.

Suggestion: raid those savings and buy yourself a jet-ski. Check out the other articles on this blog for money making tips.

Disclaimer