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Showing posts with label Interesting Facts. Show all posts
Showing posts with label Interesting Facts. Show all posts

Saturday, February 28, 2015

What Fifty Shades Gets Wrong About Money and Sex

The hit novel turned film suggests wealth makes men sexy to women. That's misleading.

FIFTY SHADES OF GREY
Does money make men more attractive to women? On the surface, both popular cultureand social science research seem to say yes.
The standard social science explanation for this phenomenon gets expressed in evolutionary terms: Because impregnating as many women as possible gives a man’s genes an evolutionary advantage, men are more superficial and promiscuous. Conversely, because of the time and energy required for a single pregnancy, women are choosier and more preoccupied with finding a mate rich with resources to provide for offspring. Or, at least, that’s the theory.You can’t take a step into the academic literature without tripping over a study showing that women place higher value than men on a partner’s wealth, that women are more attracted to men with nice cars, or that womenorgasm more with rich partners.
The success of the Fifty Shades of Grey franchise certainly does little to dispel all this. The story—for those living under a rock—details the sexual awakening of a young woman seduced by a billionaire, whose physical attractiveness is matched only by his fleet of luxury cars, helicopter, penthouse apartment, and cushy CEO job running his own company. In other words, as author E.L. James has put it, Christian Grey is “every woman’s dream.”
“He’s very good looking, he’s very good at sex, he’s disgustingly rich,” she told TIME.
To be fair, it’s intuitive that a partner with means is more desirable than one without, all else being equal. A recent poll found that 78% of coupled Americans of both sexes say they’d prefer a partner who is good with money over one who’s physically attractive. And if you are a man who feels pressure to impress women with your money, or a woman who felt titillated reading about Christian Grey’s alpha status, you probably buy into the theory without even realizing it.
But as it turns out, this popular narrative about men, women, sex, and money isn’t all it’s cracked up to be.
A recent study has found that the common depiction of women primarily seeking out rich and powerful men (and men seeking out young and attractive women) is fairly uncommon in practice and—crucially—doesn’t reflect the reality of successful relationships or what actually makes people happy.
The research, by University of Notre Dame sociologist Elizabeth McClintock, has found that gender differences more or less disappear when you discard self-reported attraction scores and instead examine how real couples pursue one another, date, and settle down. In reality, rich women are just as likely as rich men to use their status to snag a more-attractive mate. And across the board, relationships in which people are essentially trading status for sex tend to be uncommon and short-lived.
Instead, McClintock found that the biggest force that predicts a successful match between people is actually how well all of your qualities match up. That means, for example, that people of similar physical appeal tend to pair off, and those with comparable educations and financial means are drawn together.
What’s perhaps counterintuitive, then, is that a woman seeking a rich man is actually better off getting herself a raise than a makeover. Likewise, a man seeking an attractive lady will see higher returns investing in a gym membership than a brokerage account.
So why does the tale of the rich, experienced man seducing the pretty ingenue persist in popular imagination, not to mention the academic literature? McClintock found that many existing studies took for granted the very gender roles they were supposed to be measuring, examining only women’s attractiveness and men’s status or money, while ignoring men’s appearance and the wealth and education of women.
As Northwestern University psychologist Eli Finkel told New Yorkmagazine: “Scientists are humans, too, and we can be inadvertently blinded by beliefs about how the world works.”
Indeed, we’re all better off disposing of our blindfolds—even if they’re made of the finest satin.

Source: http://time.com

Thursday, April 26, 2012

KWSP / EPF Top 30 Equity Investments in Bursa Malaysia, Q1 2012


Every 3 months, since March 2010, EPF reveals its top 30 equity investments in Bursa Malaysia. The aimfor this is to promote greater transparency and to reassure members that investment undertaken are in the best interest of growing their retirement savingsand in accordance to best practices in investment and governance.
For Q1 2012, when compared to December 2011, EPF increasing their share in Plantation companies such as United Plantation, Kuala Lumpur Kepong, IJM Plantation & IOI Corporation. Public Bank also emerged in the top 10.
The most notable changes were UMW Holdings,  Cycle & Carriage Bintang, SP Setia and Telekom no longer under EPF Top 30 Equity Investments. Replacing the position are Public Bank, Kencana Petroleum, POS Malaysia & IOI Corporation
The table below are the Top 30 Equity Investments in companies listed on Bursa Malaysia as of 31st March 2012.
No.Stocks% Holdings
1Msian Building Society Bhd65.50
2RHB Capital Bhd44.99
3Msian Resources Corp Bhd42.20
4Media Prima Bhd18.52
5Shell Refining Co. Bhd17.03
6Public Bank Bhd16.83
7WCT Bhd16.34
8Digi.Com Bhd16.29
9Dialog Group Bhd14.87
10Genting Plantations Bhd14.52
11Tenaga Nasional Bhd14.36
12IJM Corporation Bhd14.35
13United Plantations Bhd13.36
14Kuala Lumpur Kepong Bhd13.29
15Alliance Financial Group Bhd13.25
16Petronas Chemical Group Bhd13.00
17Star Publication (M) Bhd12.93
18IJM Plantation Bhd12.81
19Axis Reit Managers12.48
20AMMB Holdings Bhd12.43
21Sime Darby Bhd12.38
22Petronas Gas Bhd12.21
23Kencana Petroleum Bhd12.08
24KPJ Healthcare Bhd12.08
25Hong Leong Bank Bhd12.02
26IOI Corporation Bhd11.74
27Axiata Group Bhd11.71
28CIMB Group Holdings Bhd11.65
29Malayan Banking Berhad11.44
30POS Malaysia Bhd11.38


Source: KWSP Malaysia

Sunday, April 15, 2012

Money or Love Makes Us Happy ???


Many people worldwide, Malaysians included, believe it is money and not love that makes them happy.
JANE Austen might have been the queen of romance fiction in the 18th century but even she believed that a “large income” was the best recipe for happiness.
The Beatles sang “All you need is Love” during the hippie era but then they didn't just survive on love. When they released the hit song in 1967, they had already made their millions.
For celebutante Paris Hilton, money and happiness seem to come in one package. The Hilton heiress once famously declared: “I get half a million just to show up at parties. My life is, like, really, really fun.”
Given the current gloomy global economy, many people have found that money does indeed help give the world a spin.
As a recent survey by global market research company Ipsos showed, more people today believe that money can make them happy. The survey was conducted among 20,000 people in 24 countries.
Pursuit of happiness: Tam (front) quit her job to take up volunteering, which she enjoys. Other people are thrilled just to have cash in their hands (below).
When given a list of factors for improving their well-being and quality of life, 89% chose a stronger economy in their country as the very or somewhat important factor.
Only 56% put finding a romantic partner high on their happiness stakes, while 49% listed meditation or prayer.
Although Malaysia was not a part of the survey, the findings are something that Malaysians can relate to.
Many if not all of us are always complaining about our “low-paying” jobs and how we would be much happier if we had more money.
Rudy Teo, 30, is one who believes that money can buy happiness, to a certain extent.
“I can understand that some people may disagree, but they probably have never felt hardship and the need for money,” he says.
He shares that for three years, he was really depressed as he had no savings in his bank. Now that he has managed to save up some money and put a downpayment on an apartment and a car he feels more cheerful.
“I can safely say that money has bought me some level of happiness. Not at the level of probably seeing a son being born but it does make me pretty happy,” he says.
He says that he became resolved to pursue this “happiness” after seeing his sister slogging hard but somehow managed to stay happy despite the suffering at work.
“It was because she was earning good money. So, I told myself that I need to do that too,” he says, confessing that he would do anything for a big paycheck, although not anything illegal.
Online entrepreneur and Internet marketing coach Suthan Mookaiah, 26, points out that it is not happiness that money can buy but experiences that can make you feel on top of the world.
Having grown up in a rough neighbourhood, Suthan was exposed to all sorts of bad hats such as motorcycle thieves and alcoholics when he was younger.
“I could have easily turned out like one of them,” he shares.
Now a millionaire, Suthan has moved into a “better” neighbourhood, which offers him peace of mind. He admits that he hated being poor when he was younger.
“I don't agree with people who say that money is not important at all. You need a bit of money. You might not need RM20mil but you would need at least some savings to stay happy,” he says.
Poor people are not necessarily less happy than rich people. - DR GOH CHEE LEONG
Tan Bee Li, 25, agrees, saying that you need money to be able to do certain things, especially leisure pursuits.
She does not mind spending money on activities such as rock climbing, dance classes and martial arts classes, adding: “I look forward to these activities and they make me happy.”
Tan admits that she would be worried if she was without financial security. She, however, has no ambitions of becoming filthy rich, as money is “never enough”.
“I would not be concerned as long as I can save and enjoy the leisure activities,” she says, describing money as just an enabler for her in attaining happiness.
Having money also calms Sumitra Rajendra, 31, a community manager at the Corporate Communications Web Program Office of the World Bank in Washington DC.
Knowing that she has extra cash to spare makes her less stressed, she says, and she enjoys spending it on things that she wants.
But, she notes, she is happiest when what she does has an impact on others and she is valued for her work and relationship. “Still, money is a part of that equation because a promotion often means more money,” she says.
Sumitra, however, reveals that she would not hesitate to take a pay cut for a job that would make her happier because her priority is to create an impact in the area she works in. She believes that happiness is a state of being and is really hard to quantify.
Graphic designer Saddiq Yahya does not mind being unfashionable, and subscribes to his mother's “wise words” “Money won't buy you happiness.”
“My mum has told me that money can buy you a big house but not a home. It can buy you food but not an appetite,” he says. While having extra money is an advantage, he won't go out of his way just to make more money.
“One can always go out and find money, but the time expended cannot be replaced. I would rather spend that time with my family and friends or on simple pleasures,” he says.
Happiness to him is also not owing money to anyone. “If I owed people a lot of money, I would feel miserable,” he adds.
For Tam Kar Lye, happiness means being able to do the things she likes. She quit her office job, which she hated, a few years ago to become a volunteer worker.
“I couldn't stand working solely for money,” she says. After leaving the rat race, she joined the Centre of Orang Asli Concerns (COAC) and has never looked back since.
Happiness did not come easy though as she had to rely on her savings, which was stressful. Recently, she got a part-time job she enjoys.
Luckily, her parents have been supportive, although some of her friends and relatives think she is “crazy”. But what is important for her is that she is happy at work.
She says she is also more appreciative of what she has now as through her volunteer work, she has met many people with barely enough to survive on but are thankful for whatever little they have.
“I don't disagree that money is important, I just need enough. Everyone only needs a certain amount to survive, the extras are just to show off,” she claims.
For Tam, a simple phone that can make calls and send text messages is more than enough for her.
Psychologist Dr Goh Chee Leong says that while money is not a basic need, it is essential for us to have shelter, protection and food.
“These three aspects are necessary for survival and they can certainly affect our satisfaction and well-being in life,” he says, before quickly pointing out that happiness is not confined to basic survival needs.
According to Dr Goh, who is the dean of HELP University College's Behavioural Sciences Faculty, research in the area of positive psychology indicates that different types of happiness exist.
One is the seeking of pleasure through buying expensive things like jewellery, going for holidays and driving luxury cars.
“The argument is that money may buy some level of happiness when it comes to materialistic pursuits,” he concedes.
Dr Goh, however, highlights how research shows that long-term happiness relies on various factors such as having meaning in life; making a positive impact on the community and world; being involved in an activity or job that one is passionate about; and fostering meaningful relationships with others.
While he agrees that not being able to meet the basic needs may affect one's happiness in life, he points out that poor people are not necessarily less happy than rich people.
As he sees it, the idea that materialism or buying power will lead to greater satisfaction is a dangerous philosophy to have because money and possessions will never make anyone feel complete as a person.

Source: star online, April 15,2012

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