Population and Economic Growth

I'm listening to HAPPY (9PM) after a little cleaning up (^_^). So so HAPPY~~

The last post on my Harry Dent Jr. speech note-taking, made me curious. I visited his website http://harrydent.com/ and played the opening video, which in few minutes, I had to subscribe to be able to view the latter... I paused when I could not grasp during his slide on a picture of a baby.. thus, I googled the relationship between economics and baby. Which interestingly lead me to an article in wiseGEEK: What is the Relationship Between Population and Economic Growth.

So, in the article I would like to point out:

• the obvious is, without consumers, may lead to no economic growth
• couples expecting baby coming in their lives may save money until baby is born - removes money from market - save money in bank - not much is spent
• any income made, will go to families or saving account - thus, the individual is interested in earning money
• child grows - parents likely spend on goods and services for child's development
• later in life, the child will become tax-payer, consumer, investment

Another article, Let's Talk About Sex: Why More Babies Means More Economic Growth by Jerry Bowyer, which a simpleton like me couldn't grasp much, what I can relate is toward the end of the article, "By the time all of those nations of dual-earners-one-kid realize that they're about to become nations of dual-pensioners-one-earner, it's already too late."

And some interesting comments:

Try not to cry...

Oh.. the happy song ended 30mins ago..
And I was so touched by these information.

Economics...

Trend in Economy and Where to Get Our Money

I'm listening and taking notes, the CD is programmed so that I can't rewind or forward, thus, here are some points I am managing to write;

Harry Dent Jr. in 2013 shared how to increase income and take advantage of the trend:

-- Can't cure debt bubble by adding another debt

-- Understand the new technology

-- Entrepreneur welcome change

-- Economic changing, businesses start to fail

How to increase income?

economy have booms and bust

-- people get married, have kids, advancing in career, buying house

-- age 46 spend the most in lifetime

-- earning and spending at age 20

-- 26 gets married, forms households - retail stores shopping centers

-- 28 gets children -- everything about kids

-- 31 buy 1st home

-- 33 spend money on child care

-- 37 - 42 kids older, they want more space, people buy biggest house, jr high school

-- 46 spend the most money

-- 50 on automobiles

-- 54 travel the most, fix up kitchen

-- 58 life insurance

-- 68 health insurance -- continue to grow for decades

people learn, experience, innovate, adopt new trends, products and services

people generate their own businesses

retirement benefits becoming off

new businesses emerge

the aging people wants to be young, well, live longer life

create your own business, create multiple stream of income

-- internet-based,

-- franchise,

-- network marketing (easiest way to start business, own business, product proven)

not in denial of change, act on it.

network marketing

-- low start up cost

-- real business

-- product proven - demonstrate the result

-- how to apply to needs, be the consultant

-- go for people who are serious

-- support those people - train those people

-- invest in yourself and help people learn how they can invest in themselves

have 10 years plan or longer, strategies when the world goes upside-down

economics go down, some have their business boom

entrepreneurs go to work

forget about retirement, no one retire, if they can't work, most probably their families are taking care of their healthcare

keep a job if you have a good job, have multiple of income, build every way of cash and income, make money during this downturn.. after 2023 you can look back and see..

take your wealth, give your children enough to start their own business, fund an organisation

no regrets on deathbed

Ar-Rahnu, T.B., or, both (*.*)?? Gaining money from GOLD

In my mind, I'm doing my thesis writing (all the time, when I'm awake) \(^.^)/, and it is almost finished. In reality, it is not yet written (*.*)!!! m(-_-)m I have about 12 hours to do my draft on all chapters.

I'm doing my dry-cleaning. Thus, I tell myself that I have about 2 hours, on and off to share here.

What I'm excited to share is; today, after I woke up, God had sent a whatsapp group to invite me for a pawn-broking discussion.

Er.. I'll translate when I have time.

So, as my nature is to do research, think thoroughly, do calculations and come up with logic reasoning, I have summed up on whether to do Ar-Rahnu (pawn broking), T.B. (Tok Belagak), or both.

Ok, now, I need you to imagine.

I have 100g, 916 gold (22k).

I'm not going to explain much on Ar-Rahnu multiply in this post. Perhaps another time.

This is the timetable:

I want to save my 100g 22k, but I want to manipulate and gain money. So I do pawn-broking with KPMNJ Ar-Rahnu service. When I first came here, the pawn shop only allow me to do 65% maximum lending, with 0.7% safe deposit charge per month. (By the way, I registered as a KPMNJ member long time ago)
So, I pair with T.B., I'm eligible to buy 51g 24k

If I choose to redeem my pawn on:

• 2nd month, I get +MYR493.56 and my 100g 916
• 3rd month, I get +MYR999.51 and my 100g 916
• 4th month, I get +MYR1505.52 and my 100g 916

Now that I have +MYR1505.52. I want to sell my 100g 916... hmm... what is the price will be like for next 5 months? Can you read the technical analysis for gold price? Oh.. Please tell me~~~

Ok, since I'm not that good in technical analysis. Not yet. Assuming the price is the same. My 100g 22k may get up to MYR12200 from honest buyer. Plus that money I gained from Ar-Rahnu, +MYR1505.52.

What will it be like, with T.B. alone?
Refresh back, I have 100g 22k. So I sell all to T.B.. Referring back to the board, I will get MYR12200, 0g.
So, I buy T.B. 999.9 for 68g x MYR180. I pay T.B. MYR12240

I want to gain money:

• 2nd month, I sell all back to T.B.. T.B. give me MYR13192. I gained +MYR952
• I want to buy back T.B. 68g x MYR180
• 3rd month, I sell all back to T.B.. T.B. give me MYR13056. I gained +MYR816
• I want to buy back T.B. 68g x MYR180
• 4th month, I sell all back to T.B.. T.B. give me MYR13056. I gained +MYR816
• I want to buy back T.B. 68g x MYR180
• and so on, and so fourth

I gained +MYR2584 and 68g 999.9. Lets say, I want to exit, and sell all my gold. I get MYR13506, plus that money I gained with less effort, +MYR2584.

Ok, are we friends now?

### To be Reviewed ###