Economic Machine, 5 Minute Journal, Bitcoin

How the Economic Machine Works

This is a very insightful video of the basic transactions which make our economy work.  It is done by Ray Dalio, one of the most successful investors of all time.  He does a great job showing what happens when different things transpire; interest rates change, spending levels change, asset valuations change and so on.  It is a great watch – I highly recommend it.

Five Minute Journal

“The Five Minute Journal is your secret weapon to focus on the good in your life, become more mindful, and live with intention. With a simple structured format based on positive psychology research, you will start and end each day with gratitude. Side effects may include: increased happiness, better relationships, and becoming more optimistic. You’ve been warned.”  There is also an app available here.

Bitcoin Introduction

You have likely heard a lot about bitcoin over the past few years. From your drunk uncle at the June VFW picnic telling you how he could retire if he just found the bitcoins he lost last fall, to others telling you that bitcoin is going to replace greenbacks to the media telling you it’s a fad.  This series of videos and this podcast each do a great job of explaining bitcoin in layman’s terms.  Long but worth the watch.

For another guide, this one from Bankrate is definitely worth your time: [link]