Year: 2023

When approaching retirement, one of the looming questions is always: “What am I going to do with all that time?” It’s a lot of unstructured time, and after the first few years of bucket list items, there’s usually a lot of time left. That’s why we recommend things that would help create hobbies as retirement…

In modern times, most bank depositors are not concerned about a bank run when a large number of customers withdraw their deposits at the same time causing a bank failure, because for the majority of people their deposits are fully insured by the FDIC. The FDIC was formed in 1933 in the wake of the…

The cost of living varies greatly from state to state. Even though a dollar is a dollar everywhere, you can’t exchange it for the same amount of gas in California as you do in New Jersey. The costs of selling that gas varies with local tax structures and distance from the source. Local competition could…

Ronald Howard, A Stanford professor, introduced the “micromort” in 1980 to measure the impact that particular behaviors have on the risk of death. He assessed individual actions and decisions at a very small scale to see how it all adds up, by utilizing a microprobability (a one-in-a million chance of some event) to quantify how…

When a software creator such as Apple or Microsoft makes changes to their main platform or operating system, they either adjust the number before the decimal of the system or afterward. One might expect, when going from Windows 10.1 to 10.2, to have minor incremental changes, but going from 10 to 11 to have more…