YuppieMe
April 2005
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Daily advice for young professionals - financial advice, social advice, career advice, etiquette advice - updated daily!
  April 29, 2005   |   Financial FactID: 325
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Rated 4.67 stars
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I believe that every right implies a responsibility; every opportunity, an obligation; every possession, a duty.
John D. Rockefeller

Do well by doing good.

Get involved with Socially Responsible Investing (SRI). SRI takes a 3 pronged approach to changing the world for the better. Funds and stocks are screened for those aligned with the investor's values. Also, practicing shareholder advocacy; if you own the company, why not be a benevolent ruler. Finally, community investment, or taking an active role in investing to aid development.

Yes, you should get warm fuzzies from doing this, but don't just give it away. Historically SRI funds have outperformed than the market. All about the bennies.

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  April 27, 2005   |   Intellectual FactID: 323
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Rated 3.00 stars
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I have discovered that all of man's unhappiness derives from only one source, not being able to sit quietly in a room
- Blaise Pascal

Lots of us put time into improving our physical health but neglect our mental health. Meditation is a great way to improve your mental wellbeing and can have many other benefits . Here is a great site to get started on acheiving that inner peace and weirding out your roomates.

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  April 26, 2005   |   Financial FactID: 322
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Rated 4.50 stars
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"It's just, when you buy furniture, you tell yourself, that's it. That's the last sofa I'm gonna need. Whatever else happens, I've got that sofa problem handled."
Tyler Durden

Stop wasting money on fancy new furniture when used furniture will work just as well! Instead, check out sites like Craig's List - it's THE posting board for housing, jobs, personals, and even furniture! Craigslist has been going since 1999 and has been growing like crazy. There are custom sites for each major city (and even some international cities as well) and they almost always have amazing deals on all sorts of furniture.

And if you happen to be moving yourself, then you can post your own classifieds for free! It sure is a lot more convenient than garage sales and thrift stores!

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  April 22, 2005   |   Career FactID: 318
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"According to most studies, people's number one fear is public speaking. Number two is death. Death is number two. Does that sound right? This means to the average person, if you go to a funeral, you're better off in the casket than doing the eulogy."
Jerry Seinfeld

Join toastmasters and learn to be a better public speaker.
Here are some tips to overcome your fear of public speaking. Knowing the room, your audience, and your material will put you on track. Also remember that humor and humility go a long way. If that doesn't work picture your audience undressed except for black socks.

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  April 21, 2005   |   Financial FactID: 320
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Money makes the world go round.

All around the world, people use their native currencies to buy and sell goods and services. Sites like XE.net provide up-to-date exchange rates which keep you informed and facilitate global commerce.

However, when traveling abroad, don't be a rookie and convert your money at the airport -- where they often offer poor exchanges in addition to extra fees. The best approach is to use your credit card for purchases abroad. The credit card networks are able to convert your money on the fly at the most favorable exchange rate. In addition, there is no fee for this on-the-fly conversion. If your hesitant to use your credit card, then you can get the same benefits by using an ATM to withdraw the native currency. You'll still get the most attractive exchange rate, while avoiding extra "conversion fees" (although you may still be subject to the $1.50 for not using your own bank's ATMs)

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  April 20, 2005   |   Intellectual FactID: 317
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Rated 4.50 stars
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"If morality represents how we would like the world to work, then economics represents how it actually does work."

Freakenomics is a great book for starting those cocktail party conversations. It explores the hidden side of incentives, like How babies with super-black names will fare. An interesting study into correlations we normally don't think about (like why crack dealers still live with their moms, by authors who have started an amusing blog; Freakonomics should be added to your reading list.

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  April 18, 2005   |   Career FactID: 315
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Rated 3.25 stars
from 4 votes
 

“Sleep not when others speak, sit not when others stand, speak not when you should hold your peace, walk not on while others stop.”
George Washington.

Business dinners can be nervewracking. To avoid any major blunders study up on business dinner etiquette. Use your silverware from the outside in towards your plate. People don't want to share your germs, your glass is on the right and your bread plate is on the left. Remember not to skip dessert or coffee, as this is typically when the transaction(your big raise) is completed. When in doubt, follow the host. Mirror what he or she does for the entree price range, alcohol, and pace of eating.

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  April 7, 2005   |   Etiquette FactID: 314
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Every breath you take...
The Police

Bad breath is a big no-no, and there are many ways to prevent it. Halitosis, the technical term for bad breath, is caused by odor-producing bacteria that accumulate on the bits of food left in your mouth and produce sulfur compounds -- the same reason rotten eggs smell so bad.

So Scope may be the obvious answer, but any old mouthwash may actually make things worse because the alchol in mouthwash dries out your mouth (and some bacteria love that). Get one with an anti-septic and an ADA seal to be sure that the odor-causing bacteria are killed.

Then, be sure to brush for 2 minutes twice a day, including your tongue (where many of the bacteria thrive) -- and you've done pretty much everything you can.

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  April 5, 2005   |   Social FactID: 308
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Rated 4.33 stars
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So you just got your bonus check and are aching for a brand new TV?

The process of selecting a television can be daunting, so for today, let's just go over how they all work. There are the 4 main types of TV's today:

  • CRT (traditional TV box)
  • LCD
  • Projection (including DLP)
  • Plasma
These refer to different ways the device creates the picture. CRT (Cathode Ray Tube) sets fire electrons at a phosphor which lights up -- CRT's have an amazing viewable angle but are rarely made beyond 40" because they become extremely large and heavy. LCD (Liquid Crystal Display) sets have a fluorescent light that passes through a matrix of colored filters - the liquid crystals rotate to let more or less of a particular light through. LCD is flat and has a decent viewable angle. In addition, your notebook computer has an LCD display. Projection TVs shine a really bright light through a transparent LCD or off a ton of small mirrors (in the case of DLP sets) onto a screen. Projection TV's can be found in sizes 60 inches and greater, but the viewable angle on projection sets is limited, although gettting better. Finally, plasma sets create light by passing a charge across xenon and neon gas (like in the white headlights and store signs, respectively) to create a colored light - much like a fluorescent light does - for each pixel -- imagine that it's just a million small fluorescent lights dimming and brightening.

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  April 4, 2005   |   Career FactID: 309
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Rated 3.33 stars
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Happy Hour! Just make sure you remember that you haven't completely left work!

It starts with someone sending around an email about going to get drinks for happy hour... pretty soon everyone's out at a nearby bar drinking it up. But as a rule of thumb, you should limit yourself to one glass if any managers are coming along.

If it really is just a bunch of peers, then party it up, but watch what you say -- you don't want to have rumors flying around about you the next day at work....

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