Working out at gymWe all understand that companies collect information on our behaviors, our shopping patterns and the like. But we collect data about ourselves, too. The problem is that we’re not analyzing much of it. And we’re missing a big opportunity to improve our lives and our finances.

A friend was recently asking me about Fitbit. Most of my friends know that I’m a huge fan of Fitbit, those little pedometers on steroids, that help you monitor the number of daily steps you take and things like calories burned, food consumption, weight, sleep patterns and other health statistics.

I love the service and what it tells you about your health. My friend was curious about how it can tell if you got a good night’s sleep. I told him that it’s a cool feature.

Monitoring Your Sleep Is All the Rage

A lot of very cool smartphone apps, in addition to Fitbit, monitor your sleep patterns. Studies have shown that there is an optimal time to wake up at your lightest phase of sleep based on your REM sleep patterns, which ebb and flow throughout the night over the course of a few hours each.

One app, Sleep Time by Azumio, provides you with stunning graphs and a ream of data about how well you slept the night before. But I told my friend that I don’t really know what to do with all of the information. Should I go to bed earlier? Should I stop watching television in bed before I fall asleep?
[click to continue…]

{ 0 comments }

Tokyo Stock ExchangeJust how good at math is Andrew Beal? The answer to that question depends on which qualifier you’d like to use as proof of his skills. On the one hand, there’s the fact that he is worth several billion dollars. There’s the fact that a mathematical proposition called Beal’s Conjecture named after him.

And, there’s the fact that he’s won the largest single game of poker ever, taking in eleven million dollars with the right cards. If you’ve never heard of Andy Beal, you can be forgiven. He’s a much less visible billionaire than Bill Gates or Warren Buffet, but his example of success is an inspiration to get better for anyone who claims that they aren’t very good at numbers.

From Humble Origins

Andy Beal began to build up his fortune at just age 19 when he began to flip houses in his native Michigan. While his first home offered rent for just $120 per month, he developed a career in real estate that reached a climax by selling off the New Jersey based Brick Towers property for 3 million dollars after purchasing it earlier for only $20,000.

With the money made from flipping real estate, Andy Beal opened a series of banks and began to capitalize on market turmoil by buying up assets when they had reached a low point, holding onto them, and selling high in the aftermath. Examples include debt on airline companies following 9/11 and real estate during the 2008 housing crisis. There are now 37 branches of the Beal Bank across the United States, which enjoy a return on assets of 8.1, far exceeding that of most other major banking firms.

He further developed a space exploration company called Beal Aerospace, but had to shut it down after three years due to the difficulty in competing with NASA and the firms that provide NASA with equipment and parts for their space program. In part due to his head-butting with the national space program, Andy Beal announced his open dislike of “big government” that restricts the capabilities of private enterprise. [click to continue…]

{ 0 comments }

Do You Really Want to Retire Early?

The following is a guest post by Donny Gamble Jr. Donny is an online entrepreneur, author, and runs investing blog Personalincome.org.  If you’d like to submit a guest post on Money Q&A, please check out the site’s guest posting guidelines. Early retirement has been a hot topic lately. It seems that the new goal of many is to […]

Read the full article →

All You Need To Know About Financial Spread Betting

Financial spread betting is exciting, it’s potentially profitable and whilst it may take a lifetime to master, and it takes only a few minutes to learn how to play. Those are the headline plus points. Inevitably, there is more to this relatively recent innovation than this description alone, and it is worth knowing precisely what […]

Read the full article →

Euro Dollar Exchange Rate Downhill To 1.07 For 2015?

It’s quarter of the year, March 2015, and all forecasts point to possible weakness ahead with the Euro Dollar Exchange Rate with the guys on Barclays, with a possible conversion rate of 1.07. The expectations of the analysts on the big boys from RBS, HSBC, Nomura and Morgan Stanley, are that the euro will actually […]

Read the full article →

What You Should Do With the Reward Points You’re Sitting On

You should consider saving your points for something special instead of simply squandering them. “I travel for work and save my miles and hotel points for big family vacations,” says Blair Sherwood, a marketing company executive. “Save your points and use them for the highest-value rewards possible on the company’s core products like hotel nights […]

Read the full article →