That’s right, we’re back again with some more dating news you can use. Because when it comes to dating and relationships there is no such thing as having too much knowledge. Think about it. We can send a man to the moon, but we still can’t figure out how to partner humans up together with a better than 50% success rate. Obviously, there is still much work to do in this department.
So yeah, here we are again. Last week we shared the top relationship dealbreakers for women and prior to that it was the “manly” things guys do that annoy women and the things women consider to be dating red flags.
Today, however, we’re going at this in a slightly different way. Today we’re taking a look at a study of singles conducted by the dating app Clover. Clover analyzed data from 3 million, yes, MILLION, users to see if singles preferred adding Snapchat or Instagram to their dating profiles.
Turns out that the differences between which photo app a person chose to use are pretty interesting. Here’s what they came up with…
– 55% of singles prefer Snapchat compared to 45% preferring Instagram
– Snapchat is #1 for singles aged 18-34
– Instagram is #1 for singles aged 35+
Singles that prefer Snapchat:
– Intention: Looking for Long Term Relationships
– Occupations: Barista, Dental Hygienist, Security Guard, Secretary, Journalist, Nurse, Fitness Worker
– Schools: University of Houston-TX, Michigan State-MI, Minnesota State-MN, Southern Illinois University-IL
– Interests: Cuddling, Sports, Bonfires, Gaming, Movies, Tattoos and Laughing
Singles that prefer Instagram:
– Intention: Looking for a Date
– Occupations: Art Director, Graphic Designer, Lawyer, TV Producer, PR, Software Developer, Freelancer
– Schools: School of Visual Arts-NY, Berklee College of Music-MA, Cornell University-NY, Art Centre College of Design-CA, University of San Diego-CA
– Interests: Hiking, Live Music, Reading, Coffee, Photography, Art, Food
Summary: The data clearly shows that Snapchat is the social media service of choice for singles aged 18-34, whereas singles aged 35+ prefer Instagram.
If you fall into one of those groups and aren’t using the right photo-sharing app, you might want to hit up the app store and hit download.
Here’s a cool infographic that covers some of the results of the study…
from BroBible.com http://bit.ly/2xpSwLJ
You may be familiar with the Big Buck Hunter bonus level where you pump a few dozen rounds into salmon flopping out of the river while grizzlies look on. This is not an especially good bonus level (I prefer the one with the basketballs or the electric eels), but it would be much worse if you needed to shoot elderberries.
The level might need an incredibly boring update for some future Big Buck Hunter sequel as the climate changes. New research analyzed climate’s influence on the food choices that Kodiak brown bears make; during warmer years, the bears chose elderberries instead of salmon when the berry ripening season and salmon spawning season occur simultaneously. These timing changes can throw entire food webs out of balance. The Atlantic’s science writer Ed Yong summarizes it in a tweet:
The researchers surveyed a Kodiak brown bear population in Alaska, calculated elderberry ripening dates, analyzed bear poop and estimated salmon abundances to create a picture of how the relationships changed over time. It seemed to them that the more ripe elderberries there were near the stream, the fewer bears went hunting for the fish. Warmer years move the elderberry season earlier to overlap with the salmon species, so the bears chose the less calorie-dense but more nutrient-rich elderberries over the salmon protein and fat.
More importantly, the analysis suggests that this overlap will occur more often. “If these trends continue, by 2070, the average onset of berry availability would occur during the average peak of salmon availability,” they write in the paper published yesterday in the Proceedings of the National Academy of Sciences, implying that bears could pick berries over salmon more often in the future.
Yong’s story in The Atlantic includes speculation as to what this means for the bears: Maybe they’ll be worse off during hibernation from switching to a less fatty food, for example. Or maybe other animals like gulls and smaller fish will miss out on the salmon scraps the bears leave over.
But more importantly, there are probably a lot of other places where the changing climate or human activity messes with entire food webs and ecosystems. On the California Channel islands, for example, the introduction of the feral pigs led to more golden eagles to prey on the pigs, and therefore more eagles preying on the island’s native foxes. The authors write: “We suggest that similarly strong and under appreciated responses are occurring elsewhere as climate change reschedules species interactions across ecosystems.”
from Gizmodo http://bit.ly/2wl5XzZ
In a rare instance of a record company doing the right thing, Sony became the first major label to legalize unofficial remixes and DJ mixes. It’s not like DJs were ever going to stop borrowing copyrighted samples for remixes. Remixes can’t be stopped! But now, finally, you’re going to start seeing more remixes on Spotify and Apple Music.
The somewhat surprising (if long overdue) move comes with a deal Sony just signed with Dubset, a San Francisco-based startup that fingerprints mixes and provides royalties to the record companies that own rights to the samples. When a DJ releases an unofficial remix of a Sony-owned track, Sony will now get a cut, and listeners will get to enjoy the remix on more platforms. Major Lazer and Bad Royale proved that the model works seamlessly last year, when they worked with Dubset to release “My Number,” a cover song with samples from other copyrighted tracks. It’s now been listened to 1.7 million times with each play depositing a little bit of cash in everyone’s pocket. Good song, too.
Despite showing that compromises can be made on the copyright front, the Sony deal is inevitably a big blow to Soundcloud. TechCrunch’s Josh Constine says that Dubset signing agreements with Warner and Universal after the Sony deal goes through “might eliminate the differentiation that’s kept struggling SoundCloud afloat.” Constine explains:
Illegal music uploaded there has sometimes flown under the radar since SoundCloud is protected by Safe Harbor law regarding user generated content. But if it’s legally available on Spotify, Apple Music, and elsewhere, listeners wouldn’t have to go to SoundCloud.
The death of Soundcloud would be sad. But it wouldn’t really be a surprise. The company has been knocking on death’s door for years now, as Spotify and Apple Music continue to dominate the streaming business. Furthermore, the free-for-all of remixes and DJ mixes that used to make Soundcloud great has been restricted since record companies started cracking down on copyright infringement. These days, tracks either fly under the radar or get taken down almost immediately.
It seems like there’s a third way now. Unfortunately for Soundcloud, it’s the record companies and the streaming giants that will benefit from it. Fortunately for you, the aging club kid, this new age of legal remixes will be good for music enthusiasts.
Correction 12:30 – An earlier version of this post said that Dubset was based in Berlin. The company is actually based in San Francisco.
from Gizmodo http://bit.ly/2vWkCjV
As long as people have carried mobile phones, marketers have seen the potential for a new way to contact an engaged and responsive audience.
So far, however, SMS hasn’t picked up like other forms of communication have, especially in the US. But the channel is on an upward trajectory, and today’s infographic, by Semaphore, explains how recipients use SMS and suggests ideas for how marketers can implement SMS in their marketing strategy.
A whopping 98% of SMS messages are read, says the infographic, and the response rate of text messaging is 45%, versus 6% for email. It goes on to take a global view and explain that since much of the world still doesn’t have easy online access, SMS is often the preferred way to receive promotional communications.
How can your company take advantage of this channel? In addition to promotional messages, brands can consider password resets, event reminders, customer support, coupons, and more, the infographic suggests.
To see the latest trends in SMS for business, check out the infographic:
Laura Forer is the manager of MarketingProfs: Made to Order, Original Content Services, which helps clients generate leads, drive site traffic, and build their brands through useful, well-designed content.
LinkedIn: Laura Forer
from Marketing Profs – Concepts, Strategies, Articles and Commentarie http://bit.ly/2xq5r0g
One million dollars is a lot of money. But it isn’t what it used to be and depending on when and where you retire, $1 million might not last until your dying day. That’s why you gotta get a side-hustle, Bro! More on that some other time.
Most financial experts live by the 3% rule or the 4% rule when it comes to retirement. Meaning, you can safely withdraw 3% or 4% of your retirement nest egg every year and your money has over a 95% chance of lasting forever. Obviously, the 4% rule brings in more risk of failure than the 3% rule, because you are removing more money every year and that means you have less money working for you. But even the 4% rule has a historically high rate of success.
So how long would $1 million last if you A) had $1,000,000 in your investment account, B) you decided to retire right now and C) it was your only source of income.
There are a few things to consider.
– How much money will your money be making each year? Let’s assume an average of 7%
– How high are your living expenses? This can depend on where you live. Let’s assume a few scenarios (below), because the buying power of $1 million can vary wildly depending on where you live.
Now, if you were trying to achieve the 4% rule you would only have $40,000 a year to live on and your money should con. Could you do that? Using the 4% rule, and all of the assumptions above (and factoring in a 2.9% rate of inflation and a portfolio of 75% equities and 25% fixed income) your $1 million will last you about 49 years.
If you live off the 3% rule, you will probably die long before you run out of money, because you can make $1 million last 60+ years if you’re living off $30,000 a year. Not bad, but you’re also going to be forgoing a lot of experiences and luxuries at that level.
But what if you spend $50,000? Well, at that rate, your nest egg will last 32 years. Depending on your age, that might be long enough to make it until social security (if such a thing exists in 20 years) kicks in to help it last a little longer.
How about if you burn through $75,000 a year? That will give you 18 years of freedom.
Finally let’s play with expenses of $100,000 a year, which is very possible if you live in NYC and you indulge in a lot that it has to offer. At $100k of expenses a year, you have roughly 13 years. And then you better find a job or another source of income, because your million will be GONE.
As you can see, the more money that stays working for you in your investment accounts, the longer you can stay retired. The quality of that retirement, however, all depends on how you live and what you expect to be doing once work ends.
If you want to figure out what your retirement number is, just take your yearly expenses and multiply them by 25. This will give you your personal 4% rule. Once you have that saved and invested, you can retire. It’s that easy.
from BroBible.com http://bit.ly/2x9PmMR
We’ll preface this post by saying we have never heard of the Alternative Money Fund – which "Specializes in Returning Freedom and Value" – and very well may never hear of it again, however it is notable for two things: i) it is a "hedge fund" invested entirely in cryptocurrencies and ii) it has allegedly generated a 2,129% return YTD, making it the best performer in hedgeco’s ranking of asset managers YTD.
The "fund’s" own description is similar to what one would find in any traditional asset manager, with one exception of course: it does not invest in traditional securities at all, only cryptos:
- 30 or so names in the portfolio
- discretionary, not systematic
- technically driven bottom-up, primary.
- fundamental research, secondary
- performance not directly correlated to the price of bitcoin. Good addition for Bitcoin holders.
It also writes that it is "committed to provide exceptional returns through an actively managed portfolio of blockchain assets. With the emergence of Bitcoin, Altcoins and this exciting new technology has created a new asset class for investors." The fund also notes that its "trading strategy does NOT use leverage or margin. Returns are reported monthly and capital accounts may be increased or redeemed each month."
So far so good; when one reads further in, some "lingo" red flags start to emerge:
The volatility associated with the cryptographic verification and game theoretic equilibrium, these blockchain-based digital assets create valuable opportunities in an actively traded portfolio.
Hmm, "cryptographic verification and game theoretic equilibrium" may sound exciting but it’s what one would say when scrambling for sophisticated words to sound intelligent, in other words what Fed presidents do every single day.
Reading through the full presentation reveals much more such language (which probably would be a sufficient red flag) although the most remarkable feature of the fund, as noted, is its performance.
Through August, the fund claims to be up 2,129%. That puts it at the top of hedgeco.net’s 2017 league table.
Back to the red flags: this is how the fund defines its marketing:
- Marketing is done by word of mouth, internet, hedge fund
databases, 3rd party marketers, and other sources.
- Distribution of the marketing material will be done by
face-to-face meetings with potential investors and funds.
Mail-outs, business cards and phone calls to friends and
family and others will also be done.
- We are not planning on getting too aggressive with this
plan, more organic growth is desired.
- The managing member very active on: Facebook,
Angellist, Instagram, Medium, Twitter, and more
- Customized email from altmoneyfund.com,
business cards, etc.
- Returns will be posted on the Hedgefund Indices
Red flags aside, we wonder how long before many more such "hedge funds" crop up, all having generated returns (whether real or fabricated) that traditional hedge funds can only dreams of, and how long before the more naive elements in the investing community rush to flood them with capital in hopes of "getting rich quick" with 4 digit annual returns, creating yet another ponzi active asset manager bubble even as traditional long/short and numerous other legacy investors, struggling to outperform the S&P, slowly disappear?
The fund’s "presentation materials" for those curious are below, and the good news for the overly gullible: as the fund notes, "currently there are no fees for the first
$500k under management"
from Zero Hedge http://bit.ly/2wkVSTm
As the moon sneaked in front of the sun during Monday’s total solar eclipse, a NASA photographer captured a once-in-a-lifetime sight.
Joel Kowsky, one of the space agency’s photo editors, was in Banner, Wyoming, to watch the solar eclipse when he photographed the International Space Station zooming in front of a crescent-shaped sun.
You can see the space station as a small "H" that moves across the field of view.
Such high-speed recording is necessary because the ISS orbits Earth from 250 miles up and moves at a speed of 17,500 mph.
It may look small, but the space station is enormous: It weighs some 450 tons, or more than twice the heft of an adult blue whale, and spans roughly the area of a football field.
To capture such a fast-moving object from the right angle requires months or years of planning — and a lot of luck.
DON’T MISS: Total solar eclipses are going extinct
from SAI http://read.bi/2v2KATU
Spotify and Apple Music could soon get the legal grey area of music like remixes and DJ sets that today live unofficially on SoundCloud. Sony today became the first major record label to allow its music to be monetized through unofficial mixes thanks to a deal with rights clearance startup Dubset. That means Sony’s master recordings will be indexed by Dubset, and rights holders will be compensated even if just a tiny one-second snippet of their song is used in a DJ set or remix.
Dubset raised a $4 million Series A earlier this year to help it earn of a cut of the royalties it deals out to Sony and the 35,000 other small publishers and labels its onboarding to its Mixbank. Dubset fingerprints mixes, and properly distributes the royalties. A source tells TechCrunch that Dubset is getting closer to securing deals with the other two major labels Warner and Universal.
If it can lock down all three, remixes and DJ sets featuring almost any music could be legally hosted on the top streaming services instead of being barred or removed for copyright infringement. That might eliminate the differentiation that’s kept struggling SoundCloud afloat. Illegal music uploaded there has sometimes flown under the radar since SoundCloud is protected by Safe Harbor law regarding user generated content. But if it’s legally available on Spotify, Apple Music, and elsewhere, listeners wouldn’t have to go to SoundCloud.
Last year, Dubset managed to get its first songs on Spotify and Apple Music, scoring a hit with Major Lazer and Bad Royale’s “My Number”. The track contained both samples and a new cover recording of an existing song, making it too tricky for those streaming apps to allow until Dubset stepped it. “My Number” has since racked up over 1.7 million plays on Spotify alone, proving that it’s worth the trouble for Apple, Spotify, and the labels to be more flexible with copyright.
Sony publishing artists include Bob Dylan, Coldplay, Ed Sheeran, Eminem, Lady Gaga, Taylor Swift, and importantly, The Beatles. In 2004, Danger Mouse (half of Gnarls Barkley and producer for Gorillaz, The Black Keys, and Red Hot Chili Peppers) released a popular Beatles/Jay Z mashup remix project called The Grey Album. It was blocked from further distribution by label EMI who later sold its publishing arm to Sony. This type of music could potentially be cleared for distribution now thanks to Dubset.
Dubset CEO Stephen White tells me that an estimated “700 million people are listening to mixed content every month”, showing the huge demand for content locked up in the shadier corners of the web. “If rights holders don’t embrace a platform like us, the content is going to flow anyway and it’s going to flow around them.”
from TechCrunch http://tcrn.ch/2wAR7oH
Authored by Steve H. Hanke of the Johns Hopkins University. Follow him on Twitter @Steve_Hanke.
Venezuela’s bolivar is worthless and its annual inflation rate is the world’s highest: 1195%. Not surprisingly, Venezuelans get rid of their bolivars like hot potatoes and replace them with U.S. dollars. So, Venezuela is, to a large extent, unofficially dollarized.
To stop Venezuela’s death spiral, it must officially dump the bolivar and adopt the greenback. Official “dollarization” is a proven elixir. I know because I operated as a State Counselor in Montenegro when it dumped the worthless Yugoslav dinar in 1999 and replaced it with the Deutsche mark. I also watched the successful dollarization of Ecuador in 2001, when I was operating as an adviser to the Minister of Economy and Finance.
Countries that are officially dollarized produce lower, less variable inflation rates and higher, more stable economic growth rates than comparable countries with central banks that issue domestic currencies. There is a tried and true way to stabilize the economy, which is a necessary condition required before the massive task of life-giving reforms can begin. It is dollarization. Stability might not be everything, but everything is nothing without stability.
Just what does the Venezuelan public think of the dollarization idea? To answer that question, a professional survey of public opinion on the topic was conducted in March 2017 by Datincorp in Caracas. The results are encouraging. Sixty-two (62%) of the public favors dollarization. It’s time for enlightened, practical politicians in Venezuela to embrace the dollarization idea. The public already does.
But, the question I am repeatedly asked is, how do you officially dollarize a place like Venezuela? To do that you need a dollarization law. I have drafted such a model law. The model statute is meant to suggest the main features that are desirable for a law on dollarization. Legal technicalities may require an actual statute to be somewhat different.
A Model Dollarization Statute For Venezuela
1. The Banco Central de Venezuela (BCV) shall cease to issue Venezuelan bolivars expect as replacements for equal amounts of old currency that become worn out.
2. Except as specified in paragraph 3, wages, prices, assets, and liabilities shall be converted from Venezuelan bolivars to U.S. dollars (“the replacement currency”) at the conversion rate chosen in the law that accompanies this law. By 60 days after this law enters into force, wages and prices shall cease to be quoted in Venezuelan bolivars.
3a. Interest rates shall be converted into the replacement currency by the following procedure. The independent committee of experts specified in the law accompanying this law shall choose benchmark interest rates in the Venezuelan bolivar and replacement currency, having similar characteristics with respect to maturity and liquidity insofar as possible. The ratio between existing interest rates in Venezuelan bolivars and the benchmark interest rate in the Venezuelan bolivar shall determine the interest rate in the replacement currency, which shall bear the same ratio to the benchmark rate in the replacement currency.
3b. In no case, however, shall new interest rates in the replacement currency resulting from the conversion procedure exceed 50 percent a year.
4. The president may appoint a committee of experts on technical issues connected with this law to recommend changes in regulations that may be necessary.
5. Nothing in this law shall prevent parties to a transaction from using any currency that is mutually agreeable. However, the replacement currency may be established as the default currency where no other currency is specified.
6. While Venezuelan bolivars remain in circulation, the government shall accept them in payment of taxes at no premium to the conversion rate with the replacement currency. Acceptance of Venezuelan bolivars shall not be obligatory for any other party.
7. Within five years after this law takes effect the government shall redeem all outstanding Venezuelan bolivars for the replacement currency or exchange it for government debt bearing a market-determined rate of interest.
8. Existing laws that conflict with this law are void.
9. This law takes effect immediately upon publication.
from Zero Hedge http://bit.ly/2xoMif5