Archive for Blogs

Giving up Technology for one Week

 Mexico

As you read this I am sitting on a beach, north of Puerto Vallarta, Mexico for one week of fun in the sun. Mrs PR and I like to get away a few times during the winter to sit on a beach or at a swimming pool. I will give a full update and cost breakdown next week.

Las Vegas

November we went to Las Vegas and to stay current and plugged in I decided to bring my iPhone. Unfortunately with an old iPhone it has to be plugged in every night and I forgot my charger. After the initial panic I shut my phone off and enjoyed the rest of my holiday. This made me realized how attached I am to my phone and I didn’t like it.

Since Las Vegas, I have intentionally not been carrying my phone with me everywhere and try not to check emails as often. I didn’t realize how time consuming technology is. I have never been a user of social media, and just opened a Facebook page this year. Between checking emails and surfing the web I consume a few hours a day of technology.

Here is a few Stats from Statistic Brain

Percent who said their mobile phone is the first and last thing they look at each day 29 %
Percent who said they need to have the latest mobile technology 18 %
Percent who check their mobile device every 30 minutes or less 37 %
Percent who said they could only go a few hours without their mobile phone 34%
Percent who said they prefer to communicate by text message 32 %
Percent who have asked someone on a date via text 20 %
Percent who say their mobile device make them better parents 65 %
Percent who would take their mobile device to work over their lunch 66 %

Percent who do the following on their phone at least twice a week

Browse the internet 46 %
Listen to music 32 %
Search the internet 41 %
Read news or current events 36 %
Take pictures 36 %
Visit social networks 37 %
Play games 32 %
Navigate using GPS 18 %
Shop online 12 %
Receive payments 5 %
Video chat 9 %

Percent Who Use Their Phone While Doing Another Task

Seeing a movie 8 %
Driving a car 32 %
Playing with my children 35 %
Attending a party 37 %
Eating at a restaurant 36 %
Watching TV 61 %
Riding public transportation 36 %

Where You Place Your Mobile Phone While Sleeping at Night

Next to my bed 68 %
In the bedroom 16 %
In a different room from where I sleep 13 %
Other / Various 2 %
In the car 1 %

 

Giving up Technology for one Week

To continue with this experiment I am not bringing my laptop or cell phone with me to Mexico. I will enjoy the sun and the beach without electronics. We are staying with family so I will have access to internet and I will be checking the blog/emails at-least once well I am gone. Mrs PR will have her phone if needed and for emergencies.

What do you think, Have you gone any amount of time not plugged in ?

I hope you all have a great week and I will let you know how it went.

2018 Predictions

2018 Predictions

Here is a few links of 2018 predictions I have read over the last few weeks.

Global Markets: 10 Expectations for 2018/ Kristina Hooper of InvescoMy base case scenario remains that the stock market will continue to perform well in 2018 — although that doesn’t mean we won’t experience a pullback during the year.”

5 Predictions From Economists For 2018/Money tipsWho would dare to make economic predictions for 2018 in the age of Trump? We can try, with the help of economists and other experts in the financial field. Here are our predictions for five major economic metrics in 2018.”

The 3 Most Profitable Market Themes for 2018/Greg GuenthnerThe major averages are resting near all-time highs. Bitcoin is getting volatile. And today marks the final installment of our wildest market guesses for 2018…”

10 “Grey Swans” Events for 2018/Zero Hedge  “One of the traditional push backs against attempts to predict “black swan” events is that they are by default unpredictable, rendering the entire exercise moot. However, for the second year in a row, Nomura’s Bilal Hafeez has found a loophole, or rather loop-animal: the grey swan.”

Outlook 2018: The Bull Market’s Next Act / Barrons magazine  “Wall Street’s eight-year love affair with stocks kicked into overdrive this year, spurred by a stronger economy, the likelihood of tax cuts, and a lack of compelling investment alternatives.”

The 2018 Fortune Crystal Ball/ Fortune Editors “Good businesses keep up with the hottest trends. Great ones anticipate them. To help you discern what’s coming next, we’ve mined the forecasts, predictions, and projections from countless sources and polled Fortune’s in-house experts to bring you this look at the coming year.” 

 

My prediction for the coming year. Most prediction will be wrong. Stay balanced and diversified.

 

What is your predictions for 2018 ?