Sunday, June 8, 2008

Should you trade in your car?


Here’s a scenario that car shoppers face every day… You are in the market for a new car because your want to upgrade. There’s nothing particularly wrong with your current vehicle, but you are convinced that you’ve been driving this old car for long enough and don’t want to end up with an unreliable money-pit. So, you do your shopping, find your dream car and then, you have to make a decision. What to do with the old car? Do you: 1. Trade it in to offset the new purchase2. Sell it in a private transaction3. Keep it; perhaps for a winter beater.


The decision only gets tougher when the existing vehicle is complimentary to the new purchase. For example, you have a pickup truck or an SUV and want to buy a sporty convertible. Or, inversely, you are in the market for a truck, but have an economy car that you can use for in-town commuting. No question, having two vehicles is convenient, but what about financial implications? First there’s a matter of depreciation on your current vehicle. Even though it’s not costing you any more money per-say, the money that’s tied in this vehicle could be used somewhere else (also known as opportunity cost). Then there are insurance premiums, annual licensing fees, maintenance costs and parking space issues.
Let’s examine these options in more details:


Option #1

Trading your car in definitely makes a lot of sense. Besides eliminating above-stated costs, a trade-in can reduce the taxable amount of the new purchase. For example, if you can reduce your new purchase price by $5,000, depending on state taxes that can yield an additional $300-$500 in tax savings. You also save on financing, since the amount financed is reduced. On a four year loan, that can equate to an additional $1500. So, in addition to the $5,000 your dealer will knock off your new purchase, you can also get up to $2,000 in intangible savings.


Option #2

Private sale can bring you a bit more money as dealers have to make their margins. However, besides losing benefits of a trade in, also consider: showing hassles, advertising costs, and possible post-sale problems. The upfront gains may very well be a wash in the end, leaving you with just a big headache.


Option #3

There are indeed some financial benefits in keeping the old car. Depending on how many vehicles you have in the family, there may be insurance benefits to have more than one vehicle. Assuming the old car is paid off, there’s no need to keep full (comprehensive) insurance on the old vehicle. Therefore, having an inexpensively ensured primary vehicle and a fully-insured secondary vehicle, may be even cheaper than paying full price for one. Also, by alternating between the two vehicles, you are reducing the drivable mileage, which may influence your financing decision (i.e. leasing) or result in less depreciation on your purchased vehicle.
For me, the trade-in is a no-brainer, at least financially. However, if you do decide that the financial premium are worth the convenience of multiple vehicles, there are ways to better your position. What are your thoughts on this subject? Tell us about your experience.

Friday, January 4, 2008

A Brief Anatomy Lesson

There are four main muscle groups that need to be trained for a strong and healthy core.

1) Rectus Abdominis
This muscle is your "six-pack" muscle and runs down the front of your stomach. Their primary function is to FLEX the abs. For example, bringing the chest toward the hips i.e. crunches, or bringing the thighs toward the chest i.e. leg raises.

2) Obliques
These muscles run down the side of your waist. They are activated through ROTATION (e.g. broomstick twist) and LATERAL FLEXION (e.g. bending from side to side).

3) Transversalis Abdominis
This muscle group lies underneath your Rectus Abdominis, and is responsible for sucking your tummy, a.k.a. compression (e.g. when you see a pretty lady walking toward you).

4) Erector Spinae
These are the muscles of the lower back, which help extend the abdominal region a.k.a. hyperextension.

5) * Serratus/ Intercoastals
Although not considered part of the "core", a set of well-developed serratus add a finished-look to any set of abs. They are the fan-shaped muscles that lie just above the rib cage, and they make an average physique look incredible. Exercises that train the serratus include cable (rope) crunches, and dumbbell pullovers.

Saturday, December 29, 2007

Secrets of Grand Central Terminal








Grand Central Terminal, built in 1913 and the largest train station in the world, has a rich history and plenty of secrets. Explore the shady past, the hidden corners, and the many quirks of this New York City landmark.




The Whispering Gallery
The "whispering gallery" is located on the dining concourse near the famous Oyster Bar & Restaurant. Here, the acoustics of the low ceramic arches can cause a whisper to sound like a shout. Sound impossible? To test it out, you and a friend will have to stand in opposite corners of the large arched entryway. Now face the corner and whisper.
Your friend should be able to hear your voice as if you were right next to them, not whispering into a far-away corner.
According to experts, this happens because the whisperer’s voice follows the curve of the domed ceiling. The Whispering Gallery is a popular spot for marriage proposals – and a unique place to whisper sweet nothings to your main squeeze.




The Secret Passage
Underneath Grand Central Terminal, there are secret networks of underground tracks, steam-pipe tunnels, and storage areas. Hidden in these underground depths is a train platform with a secret entrance and an elevator straight up to the Waldorf-Astoria hotel.
President Franklin D. Roosevelt reportedly used this as his private entry into New York City – a way to get from his train to the hotel without being bothered by reporters. Unfortunately, you can’t currently see this secret passage for yourself. The door to the secret elevator is welded shut.




The Kissing Room
The Biltmore Room, located on the Grand Concourse across from Starbucks, was known as the “Kissing Room” during the golden age of train travel during the 1930s and 1940s. The Biltmore Room was where the famous 20th Century Limited train from the West Coast used to arrive. Passengers – including many celebrities and politicians – would get off the train and greet their loved ones here with kisses and hugs. Often, they would then go up the stairs into the famous Biltmore Hotel (now the Bank Of America building).




Oh My Stars
The ceiling over the Main Concourse, with its famous mural of the stars, is one of Grand Central Terminal’s most famous features. However, eagle-eyed visitors will notice that the zodiac on the ceiling is depicted backwards. Some have speculated that this was a mistake by the artist, Paul Helleu. The real reason, however, is that the painter was inspired by a medieval manuscript that showed the heavens as they would have been seen from outside the celestial sphere.
The famous ceiling has another, more recent, secret. If you look carefully, you will see a patch of dark on the carefully-restored blue of the mural. This patch shows the color of the ceiling before restoration. It was left as a reminder of how much work was done.

Sunday, September 23, 2007

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Monday, September 3, 2007

Technology and Mobility

Tegatech.com.au was created to deliver the latest in mobile computing and kiosk hardware technologies that provide a more efficient solution at a cost effective price. Tegatech Australia has partnered with leading computer manufacturers and application providers throughout the world to identify and distribute world-class mobile solutions that are best suited for our targeted vertical markets; these markets include Medical, Healthcare, Local/Federal Government Sector, Retail, Entertainment, and Real Estate. The Tegatech Australia team has over 70 years of combined solutions experience in their chosen fields, so we are familiar with your needs and potential obstacles you face. Think of Tegatech.com.au as your personal all-in-one technology team, who has the contacts and partnerships throughout the world to help you get your job done without you ever having to worry about language, customs or time barriers.

Thursday, August 2, 2007

Online dictionary

WordReference.com Online French, Italian and Spanish Dictionary

Friday, July 13, 2007

Birth order

From Wikipedia, the free encyclopedia

Will the younger sister be more pampered than the firstborn?The phrase birth order is defined as a person's rank by age among his or her siblings. Birth order is commonly believed to have a profound and lasting effect on psychological development. Although this assertion has been repeatedly challenged by researchers, birth order continues to have a strong presence in pop psychology and popular culture.


- Theories
Alfred Adler (1870-1937), an Austrian psychiatrist, and a contemporary of Sigmund Freud and Carl Jung, was one of the first theorists to suggest that birth order influences personality. He argued that birth order often can leave an indelible impression on the individual's style of life, which is a habitual way of dealing with the tasks of friendship, love, and work. Other factors that may be equally influential are: parental attitudes; organ inferiority, illness, and disability; gender confusion; or social, economic and religious circumstances. Any overburdening factor may intensify normal inferiority feelings and lead to unconscious compensations or over-compensations (i.e, an extremely talented older or younger sibling). Other birth order factors that should be considered are: the spacing in years between siblings; the total number of children; and the changing circumstances of the parents over time. Adler suggested that birth order does not cause any direction of personality development, but it may be used by the individuals as a building brick for their freely chosen style of life and fictional final goal. Many researchers, in attempting to prove or disprove the sole effects of birth order, cite the complexity of other influences.
The influence of birth order on the development of personality is a controversial issue in psychology. It is widely believed that personality is strongly influenced by birth order, but many psychologists dispute this. Personality psychologists largely (though by no means without debate) agree that the Big Five personality traits (also known as Five Factor) represent something like a natural taxonomy of human personality variables. Cross-linguistically the vast majority of adjectives used to describe human personality fit into one of the following five areas, easily remembered by the acronym OCEAN: Openness, Conscientiousness, Extroversion, Agreeableness, and Neuroticism.
In his book Born to Rebel, Frank Sulloway suggests that birth order effects on the Big Five are strong and consistent. He argues that firstborns to be more conscientious, more socially dominant, less agreeable, and less open to new ideas compared to laterborns. However, critics such as Fred Townsend, Toni Falbo, and Judith Rich Harris, claim to have refuted Sulloway's theories. An issue of Politics and the Life Sciences, dated September, 2000 but not published until 2004 [1] due to legal threats from Sulloway (who claimed its content to be defamatory, although it was carefully and rigorously researched and sourced), contains criticisms of Sulloway's theories, including studies that show conflicting findings.
In their book Sibling Relationships: Their Nature and Significance across the Lifespan Michael E. Lamb, Brian Sutton-Smith, Lawrence Erlbaum Associates make the point that sibling relationships often last an entire lifetime. They point out that the lifespan view proposes that development is continuous, with individuals continually adjusting to the competing demands of socialization agents and endogenous tendencies. Thus, even those concerned only with interactions among young siblings implicitly or explicitly acknowledge that all relationships change over time and that any "effects" may be eliminated, reinforced, or altered by later experiences.

- Personality profiles
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This article has been tagged since December 2006.
Family roles govern the perceived expectations and responsibilities placed on children by parents and siblings. Children's perception of their place in the family constellation influences how they feel about themselves and how they interact with others (Koffman & Johnson, 1993 in Nims, 1998). It is also possible that children internalize roles and traits determined by their birth order.

- Firstborn
Firstborns are typically believed to be serious, conscientious, directive, goal-oriented, aggressive, rule-conscious, exacting, conservative, organized, responsible, jealous, fearful, high achieving, competitive, high in self-esteem, and anxious. They may learn the concept of power at a young age, and this can be expressed in their desire to help, protect and lead others. The firstborn may also have the need to regain praise from their parents that they received before their siblings were born. The first born may come to feel unloved through the perceived loss of mother's love to the new baby. Adler (1964) referred to this as being "dethroned" by the younger sibling. Later in life the firstborn may become authoritarian or strict. A firstborn's common feeling of a fear of losing the top position may make them more risk averse, and thus less likely to embark on a new venture.
There are several aspects of the family structure that pertain to firstborn children. First time parents are usually highly anxious and "sweat all the details." They document every milestone, celebrate each small achievement, and worry if it comes later than expected. They put the firstborn child under a lot of pressure to succeed. In addition to parental behavior, the firstborn child is often shocked by the introduction of a competitor into the family. This may lead to sibling rivalry. On the other hand, younger siblings often idolize the first born, putting the first born in a position of leader of the children of the family.

- Middleborn
Middleborn children have a diverse range of personalities. The habits of many middleborns are motivated by the fact that they have never been truly in the spotlight. The firstborn always seems to be achieving and pioneering ahead, while the younger sibling is secure in his or her niche as the entertainer of the family.
The middle or second born child or children often have the sense of not belonging. They fight to receive attention from parents and others because they feel many times they are being ignored or dubbed off as being the same as another sibling. Being in the middle, a child can feel insecure. This in turn will affect their relationships throughout their whole life. In some cases the middle child will see life from a hopeless standpoint will often become depressed or even lonely.The middle child often lacks drive and looks for direction from the first born child. Sometimes a middle child feels out of place because they are not over achievers and like to go with the flow of things.
Middleborn children are often believed to be natural mediators. They tend to have fewer pictures in the family photo album alone, compared to firstborns. Middleborn children may avoid conflict. They may also be highly loyal to the peer group and have many friends.
The middle born child may develop good social skills and have an easier time growing up with an other-centered point of view. It has been suggested that middleborn children are more likely to be entrepreneurs. Karen E. Klein, a Los Angeles-based writer, suggested that a middleborn's innate skills in diplomacy plus their flexibility in ideas make them more successful in entrepreneurship.
The middle child may have an even-temper and a take it or leave it attitude. Alfred Adler (1964) believed that the middle child feels squeezed out of a position of privilege and significance. The child is internally compelled to find peace within the family and may have trouble finding a place or become a fighter of injustice.

- Youngest
The names given to the youngest child are revealing: the youngest child of the family is viewed as the party animal, the enterainer who is unafraid to test his or her luck. They are also thought of as the baby of the family and an outgoing charmer. While this is certainly not true of all youngest siblings, proponents of this theory state that the youngest of the family is an endearing, and delightful friend.
The youngest child is often babied or "pampered" more than the other siblings. This "pampering," according to Adler, is one of the worst behaviors a parent can bestow on a child. "Pampering" can lead to dependence, and selfishness as well as irresponsibility when the youngest enters adulthood.
Youngest children may become manipulative and control-seeking if their sibling(s), parents, or other peers are overbearing or bossy.

- Only children
Main article: Only child
Only children may have characteristics of either the first born or the youngest child. Adler (1964) believed that because only children have no rivals for their parents' affection, they may be pampered and spoiled by their parents, particularly the mother. He suggested that this could cause later interpersonal difficulties if the person is not universally liked and admired.
Another view of only children, as noted by Alissa Eischens in her paper The Dilemma of the Only Child is that they learn to be children on their own, they learn to depend on themselves, and they have no problem being loners.
Naturally introverted only children may show extroverted qualities if he or she wishes to make friends. On the other hand, naturally extroverted children may learn to show introverted qualities by being content to focus on their thoughts when playmates are unavailable.

- Twins
twins tend to have one dominate twin, who acts as the first born. however this can sometimes not be the case. because of twins closeness, they tend to be alot more confident, however they often have trouble being alone, and get lonely easily. when one twin gets married this often causes seperation problems with both twins, and sometimes leads to depression. twins, especially identical twins, tend to be much closer than normal siblings.

- Personality research
Most of the claims about birth order have not been supported by scientific research. Indeed, many of the traits believed to be associated with different birth positions appear to contradict each other. Only children are supposedly more extraverted because they need to go outside of the family to meet other children, yet they are also believed to be more introverted so they can tolerate being by themselves. In fact, Extraversion and Introversion are stable personality traits, and they are related more strongly to genetic factors than to birth order. Firstborns are attributed with a variety of traits that do not even correlate with each other, much less with birth order. In general, birth order effects are weaker than commonly believed.
In practice, systematic birth order research is a challenge because it is difficult to control for all of the variables that are statistically related to birth order. Family size, and a number of social and demographic variables are associated with birth order and serve as potential confounds. For example, large families are generally lower in socioeconomic status than small families. This means that third born children are not only third in birth order, but they are also more likely to come from larger, poorer families than firstborn children. If thirdborns have a particular trait, it may be due to birth order, or it may be due family size, or to any number of other variables. It is often impossible to determine which variable is the actual cause of the observed trait. This methodological issue has plagued research in this area. Spacing of children, parenting style, and gender are additional variables to consider. Consequently, there is a large number of published studies on birth order that vary widely in quality and are inconsistent in their conclusions.
Literature reviews that have examined many studies and attempted to control for confounding variables tend to find minimal effects for birth order. Ernst and Angst (1983) reviewed all of the research published between 1946 and 1980. They also did their own study on a representative sample of 6,315 young men from Switzerland. They found no substantial effects of birth order and concluded that birth order research was a "waste of time." More recently, Jefferson, Herbst, and McCrae (1998) analyzed data from a national sample of 9,664 subjects on the Big five personality traits of extraversion, neuroticism, agreeableness, conscientiousness, and openness to experience. Contrary to Sulloway's predictions, they found no significant correlation between birth order and self-reported personality. There was, however, some tendency for people to perceive birth order effects when they were aware of the birth order of an individual.
In her review of the scientific literature, Judith Rich Harris (1998) suggests that birth order effects may exist within the context of the family of origin, but that they are not enduring aspects of personality. When people are with their parents and siblings, firstborns behave differently than laterborns, even during adulthood. However, most people don't spend their adult lives in their childhood home. Harris provides evidence that the patterns of behavior acquired in the childhood home don't affect the way people behave outside the home, even during childhood. Harris concludes that birth order effects keep turning up because people keep looking for them, and keep analyzing and reanalyzing their data until they find them.

- Intelligence
Summary of the findings of Belmont and Marolla. Scores on Raven's Progressive Matrices relate to birth order and family size.Since the 1970s, one of the most influential theories to explain why firstborns frequently score higher on intelligence and achievement tests than other children is the confluence model of Robert Zajonc. This model states that because firstborns mainly have adult influences around them in their early years, they will spend their initial years of life interacting in a highly intellectual family environment. This effect may also be observed in siblings who, although later born, have a sibling at least five years senior with no siblings in between. These children are considered to be "functional firstborns". The theory further suggests that firstborns will be more intelligent than only children, because the latter will not benefit from the "tutor effect" (i.e. teaching younger siblings).
Zajonc's theory has been criticised for confounding birth order with both age and family size, and alternative theories (such as Resource Depletion Theory) have been offered to explain the Belmont and Marolla findings. In a meta-analysis of the research, Polit and Falbo (1988) found that firstborns, only children, and children with one other sibling score higher on tests of verbal ability than laterborns and children with multiple siblings. This effect suggests that smaller families lead to children with higher test scores. Because there was no specific advantage for firstborn children, the results are consistent with Resource Depletion Theory, but not the confluence model.
The basic finding that firstborns have higher IQ scores has been disputed. One group of researchers examined data from the National Longitudinal Survey of Youth (NLSY) (USA), which gave them the opportunity to look at a large randomly selected sample of US families. The sample included children whose academic performance had been reviewed multiple times throughout their academic careers. This study found no relationship between birth order and intelligence (Rodgers, Cleveland, Van den Oord, & Rowe, 2000).
Researchers reporting in the journal Science in June 2007 found that "The eldest children in families tend to develop slightly higher IQs than their younger siblings." [1]