Top 4 money myths decoded

When it comes to investing, spending and saving money, people used to follow and practice certain age-old money myths which they believe are true for every case.

Money Mistakes, Financial Misconceptions: Top 4 money myths decoded

An individual falling into a debt trap completely depends on the spending habits and repayment of loans  |  Photo Credit: Thinkstock

New Delhi: When it comes to investing, spending and saving money, people used to follow and practice certain age-old money myths which they believe are true for every case. There have been a number of generalised statements and myths with regard to investments, spending style and saving money which are actually not true. In the rapidly changing dynamics of availability and requirement of funds, a static statement can’t be applicable to every person when you are required to decide on investing, planning, spending, etc,

People, however, follow generally accepted statements following which they unknowingly end up in disturbing their respective financial health. A financial decision, be it the number of credit cards, investment option or spending style, varies from person to person.

Here are top 4 money myths decoded

For investments, you need huge amount of money 

When it comes to investing, people think a huge amount is required otherwise there is no point in investing. This is absolutely false. An individual can start investing and saving from as low as Rs 100. You can surely start from the scratch following which you can slowly and steadily increase the frequency and quantum of money.

More credit cards will lead to debt trap

Higher the number of credit cards, higher will be the possibilities of debt trap situation, this is assertion is also false. An individual falling into a debt trap completely depends on the spending habits and repayment of loans, if any. More number of credit cards even increases the possibility of a good credit utilisation ratio.

Big online sales give highest discounts

The most common belief of all the online shopping carnivals offering lucrative discounts is not true. Most of the times, people fall for their marketing and position tactics and start believing that this is the last time when we can get the best deals. All the online shoppers should get themselves aware of the fact that all the online sales are largely similar. The prices of products change on a minuscule level, the only big difference lies in the name of sale, how well it is positioned alongside a festival.

Mutual fund SIPs are safe 

There is a widely accepted convention that mutual fund SIPs are safe and no money will be lost in any case. Mutual funds are nothing but a well constructed, balanced, and managed portfolio of stocks, bonds and other market tradable securities. Mutual funds can only reduce or diversify the risk. Mutual fund investing can’t eliminate the risk completely.

[“source=timesnownews”]

Boys, 11 And 12, Named For UP Cow Slaughter; Spent 4 Hours With Police

Two children, 11 and 12, have been named as accused in a case filed over cow slaughter allegations that led to a frenzied mob murdering a police officer in Uttar Pradesh’s Bulandhshar.

The boys, who are cousins, are among seven named in a complaint of cow slaughter filed after carcasses were found strewn around in a forest near village Nayabans in Bulandshahr.

The complainant, Yogesh Raj, is a Bajrang Dal activist who is the main accused in mob killing of inspector Subodh Kumar Singh. He is missing since the incident.

Yogesh Raj is seen in a video arguing with the police and demanding action against cow slaughter on Monday, shortly before the situation went out of hand and a mob attacked policemen, burnt the police outpost and set vehicles on fire.

Yogesh Raj’s complaint includes two children, one man who does not live in the village anymore, and three names the villagers have never heard.

6pu2tgq

Inspector Subodh Kumar was killed in mob frenzy over cow carcasses found near a village in Uttar Pradesh’s Bulandshahr

The village is stunned that children have been named for cow slaughter. The father of one of the boys says they were not even in the village the day of the incident.

“The police came to our house, called us to the police station and kept us there for four hours. They took the names of the boys and took my phone number. I was told we should be called again if required,” the father said.

So six of the seven names in the cow slaughter case are doubtful, NDTV learnt from inquiries in the village. One of the “accused” lives in Faridabad in Haryana and has not stayed in the village in 10 years.

[“source=ndtv”]

Apple Watch Series 4 With Bigger Display, ECG Capability Launched

Apple Watch Series 4 With Bigger Display, ECG Capability Launched

Apple Watch Series 4 price starts at $399 in the US; price in India not revealed yet

HIGHLIGHTS

  • Apple Watch Series 4 comes with a 30 percent larger display
  • It has a casing made of black ceramic and sapphire crystal
  • Pricing in the US starts at $399 for the GPS-only model

Apple on Wednesday announced the launch of the fourth generation of its Apple Watch at an event in the company’s Steve Jobs Theater in Apple Park, Cupertino. The latest smartwatch from Apple comes with a new design and larger display – one with thinner bezels compared to last year’s model. It also features ECG functionality that has been given a ‘De Novo’ classification by the US FDA. Other highlights include a ceramic build, optical heart sensor, swimproof capabilities, and more.

At the launch event, CEO Tim Cook claimed that the Apple Watch is the highest selling watch in the world. The company is focusing on connectivity, fitness, and health as the three core elements of its smartwatch strategy. “Apple Watch has become an intelligent guardian for your health,” said Jeff Williams, COO, Apple. “Everything has been redesigned and reengineered.”

Apple Watch Series 4 price

The Apple Watch Series 4 has been priced at $399 (roughly Rs. 28,700) for the GPS-only, non-Cellular variant, and $499 (around Rs. 35,900) for the variant with both GPS and Cellular capabilities. This pricing is the same as that of last year’s Apple Watch Series 3. The latest Series 4 will be available for pre-orders starting September 14 and will go on sale starting September 21 in 26 markets at launch for the GPS-only variant, and 16 markets for the GPS+Cellular variant at launch. Apple’s new watchOS 5 will be available for other Apple Watch models starting September 17.

It will be available in three aluminium finishes, and there is a brand-new Gold stainless finish apart from Silver and Space Grey. Backward compatible is available on the part of wristbands.

Apple Watch Series 3 gets a price cut and is available starting at $279 (roughly Rs. 20,100).

As far as India is concerned, pricing and availability details haven’t been revealed yet.

 

Apple Watch Series 4 specifications, features

The display on the Series 4 is 30 percent larger than last year’s model and comes in new 40mm and 44mm casing options, that are claimed to fit in a smaller footprint than last year’s variants. In terms of design, the latest Apple Watch Series 4 resembles the Series 3 except the near-edge-to-edge design new placement of its microphone for echo reduction.

The smartwatch features the new Apple S4 SoC which contains a 64-bit dual-core processor and a new GPU, with up to two times faster performance when compared to the Series 3. The Series 4 also has a next-gen accelerometer and gyroscope with up to 2x dynamic range and up to 32 g-forces.

The Digital Crown now gets haptic feedback that helps navigate easily in apps like Calendar and Podcasts. The speaker on the Apple Watch Series 4 is 50 percent louder, and the microphone has been moved away from the speaker to reduce echo. Williams also said the back of the new Apple Watch is made entirely of black ceramic and sapphire crystal.

The Apple Watch Series 4 comes with built-in fall detection that can alert emergency services and SOS contacts immediately. Other additions include a ‘low heart rate’ notification, alerts for atrial fibrillation, and electrocardiogram (ECG). Williams stated this is the first ECG product available over the counter, directly to the customer. The results of the new ECG app will be stored in the Health app on your iPhone, and can be shared in the form of a PDF file. These new health features will be available for US customers later this year.

The new smartwatch is touted to be swimproof, has Bluetooth v5.0, and has an optical heart sensor. Apple Watch Series 4 is powered by the latest watchOS 5 – with the UI optimised for the larger display. Apple also showcased certain new watch faces including a new modular face, one with the ability to add several health and fitness statistics, and three new minimal faces to cut down on the amount of information for users who prefer it that way. New watch faces based on fire, water, and vapour effects were also introduced.

[“Source-gadgets.ndtv”]

Black Mirror Season 4 Episode 1 ‘USS Callister’ Shows How Technology Enables Creeps

Black Mirror Season 4 Episode 1 'USS Callister' Shows How Technology Enables Creeps

HIGHLIGHTS

  • Black Mirror season 4 is available on Netflix
  • “USS Callister” is the first episode of new season
  • Charlie Brooker co-wrote, stars Jesse Plemons

Spoilers ahead for Black Mirror season four episode one, “USS Callister”. If you haven’t seen the episode, turn away and come back later.

At its surface, “USS Callister” – the first episode of anthology sci-fi series Black Mirror’s fourth season, out since Friday on Netflix worldwide – seems like a parody of Star Trek. It’s how the poster, stills, trailer, and the title have been set up, but that’s merely because marketing any episode of Black Mirror is a challenge, given its reliance on twists. (It’s also why Netflix prohibited us critics from revealing much about it.) The one in “USS Callister” appears less than 10 minutes into the episode, when it’s revealed that it’s all just a locally-stored Trek-themed fork of a popular virtual reality game.

From that moment on, the Trek inspiration turns merely into elaborate dressing, from the clothes to the sets, which hews as closely as possible to Gene Roddenberry’s vision with the 60s original series, without getting the CBS lawyers off their cushy seats. The real target of the episode are the power fantasies of human beings, and how can they can go very quickly from harmless to beyond creepy with advances in technology. Black Mirror has always been fascinated with digital consciousness – first with “White Christmas”, then “San Junipero”and now this – though it gets a much heavier focus on “USS Callister”.

Out in the real world, Robert Daly (Jesse Plemons) is the brains behind the online multiplayer VR creation, but he’s always been the ignored nice guy. He doesn’t get the credit unlike the public-facing Walton (Jimmi Simpson) – the CEO calls himself the “shiny front-end”, and refers to Daly as the back-end – he’s laughed at by his colleagues at the company, and he doesn’t get the reception he expects from the receptionist. Black Mirror makes it easy to sympathise with him, and view him as someone who can’t catch a break, but then turns that image on its head over the next hour.

black mirror season 4 uss callister nanette Black Mirror season 4 USS Callister

Annoyed and incensed by how he’s treated, Daly has created a modded version of the game, and he’s slowly introduced digital clones of his co-workers by stealing their DNA from the office, and using high-end tech to recreate them in the virtual reality. New employee Nanette (Cristin Miloti), who admires Daly professionally, is pulled in after he overhears her dismissing the idea of liking him in personal capacity. There, he expects her to be nice to him and forces her to comply when she refuses, like he’s already done with everyone else. In short, he’s the God.

But unlike, say, in a game of The Sims, his actions are far from harmless. The digital clones can think and feel pain like their counterparts outside, so when Daly demands a kiss from every female crew member at the end of each playthrough, or torments someone by creating a clone of their son and killing him in front of them repeatedly, that carries a lot more weight than starving a Sims baby to death. Black Mirror has always tried to warn us about the unanticipated dangers of new technology, and “USS Callister” posits how it can enable harmless creeps – Daly doesn’t seem bold enough to be a criminal – from acting out their fantasies.

That doesn’t make his actions any less criminal, though whether the laws in “USS Callister” have caught up to the available technologies is entirely unknown. Is Daly as bad as someone who would torture people in real life? Since the in-game versions of his co-workers have consciousness too, should Daly pay the same price as a criminal would in our world? And should a citizen be allowed to own a device that can help you digitally clone someone in the first place? Those are all questions raised by the episode, which has been directed by Toby Haynes (Doctor Who, Sherlock).

But Charlie Brooker, the creator of Black Mirror and co-writer on “USS Callister”, is more interested in creating an empowering story. Nanette is the true protagonist here, as it becomes clear, but the episode hides that by introducing us to the world from Daly’s eyes. We’ve all experienced situations where we’ve wanted to have control over someone, and that makes seeing Daly go through with that all the more harrowing, because there’s a bit of him in all of us.

black mirror season 4 uss callister deck Black Mirror season 4 USS Callister

“USS Callister” also ends up being accidentally timely, what with a woman having to escape from the clutches of a man who views her as an object serving as an allegory for the ongoing #MeToo social movement that erupted across the globe in the wake of sexual assault allegations levelled against major Hollywood producer Harvey Weinstein. In the episode, the video game versions of Callister employees are stuck in a universe where Weinstein is the only movie producer, so they have to work within those restrictions or face retribution.

While her other co-workers have chosen to give in, Nanette comes up with a strategy to free themselves from Daly’s control, which involves blackmailing her own self out in the real world. By doing so, she actually makes the original version of her self commit a crime – breaking and entering – who remains completely oblivious to how she’s helping a few digital souls escape their tormentor. We aren’t told how this impacts real-Nanette when Daly is inevitably found dead, but clone-Nanette ends up in a procedurally-generated world with infinite possibilities.

Black Mirror also gets in a dig about online gaming, with the first encounter for the digital clones being a conceited gamer – cheekily voiced by Aaron Paul’s distinctive voice – who threatens to blow them up for not serving his purpose. As an exasperated Nanette instructs her crew to warp away, he proclaims himself as ‘the king of space’, the words sounding hollow as you look at the vast virtual emptiness. The world will never be perfect, “USS Callister” argues, but you’ve always got to fight to make it better.

[“Source-gadgets.ndtv”]