Whilst on the real estate theme, here is an apartment for you wealthy Baby Boomers out there. A new and imaginative skyscraper with floors that each rotate independently at different speeds was presented in project form on Tuesday in New York by architect David Fisher. The 420m Dynamic Tower in Dubai, will be the world’s first ‘moving’ building.
The 80 story building will be built around a central column and will have up to 79 wind turbines, each fitted between floors to power not only itself but generate electricity for surrounding buildings as well. Each floor of the tower would rotate independently – on voice command - allowing the building to constantly change shape, resulting in a unique and evolving architectural structure. It will take between one and three hours for an apartment to make a complete rotation.
Another great plus, well innovation is that the skyscraper itself could be built entirely from prefabricated parts resulting in cost savings. The approach - known as the Fisher Method - requires far fewer workers on the construction site, lowering costs.
Even so, these apartments won’t come cheap. They will range in size from 124 to 1200 square metres and cost between $US3.7 million and $US36 million. Construction is due for completion in 2010.
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Image by thinkpanama via FlickrBaby Boomers retirement is one of the themes that keeps popping up on blogs all over the web, and indeed in mainstream print as well lately.
As a boomer, but towards the end of the bubble I am becoming even more concerned over what is likely to happen to the world economy in the next few years. As with most people, I have hit a few financial roadbumps along the way and now wonder if my nestegg will be enough. I am sure I am not Robinson Crusoe when it comes to this!
One guy that seems to have been spot on with many forecasts over the past 15-20 years is Harry Dent. His new slant on things takes into account first and foremost, yes - Baby Boomers. We as a group are so much bigger than the population groups both ahead and behind that we as a group have unduly influenced fads and trends since we were tots and consumed huge quantities of Gerber baby food.
We continue to and the in the near future it is the real estate market and the stresses on medical services that will test not just us as a group but our society and the world economy as a whole.
For example, in the US alone 76+ million baby boomers are going to be moving into smaller houses or even retirement homes. Who is going to buy your house? There aren’t enough x and y gen following to take up the slack.
Anyway…..don’t take my word. Here are a couple of paragraphs from Wikipedia re Mr Dent and his theories: “In the early 1990s, he predicted that the DOW would reach 10k. This prediction was met with much skepticism. In 2000, he predicted that the DOW would reach 40k, a prediction which was repeated in his 2004 book. In his book, he also predicted the Nasdaq will reach 13-20k. In January 2006, he predicted that the DOW would reach 14-15,000 by the end of the year. It ended 2006 at 12463, 11% below the lower end of his prediction. It ended 2007 at 13264, again significantly lower than Dent’s revised prediction of 15000 by early 2008. Since then, the Dow crossed 14,000 in late 2007 before retrenching.”
He has been spot on as you can see. But what worries me are the following:
“In contemporary economics, Harry Dent has popularized the baby-boomer age-wave theory. According to him, as a result of baby boomers retiring, the US stock-market will peak between 2007 and 2009. This prediction is based on his observation that consumer spending peaks near age 50.
Schieber and Shoven suggest gradual peaking of social security trust fund around 2007-2009.
Some experts expect the worst consumer recession since 1980 as aging boomers start retiring, adding to rising unemployment, decline in house values, and declining stock prices. However other experts have suggested that immigration to the US and rise of emerging economies will offset the demographic impact”.
Just food for thought…….. Is the big house you are in going to hold its value? What of the retirement nest egg, and should that be looked at again if we go into a drepression as is predicted?
Sure things will go up in the long run…..but how long? How old are you now?
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Image via Wikipedia
Social Bookmarking…….whats it all about? To start, lets check out Facebook one of the biggest social bookmarking sites out there. If our kids are into it, maybe we should at least see what its about!
The newest trend in the internet today is joining one of the many social networking websites. Because people move around so much, it is easy to lose touch but not anymore as you can stay in contact with everyone you know no matter where you live in the world. With Facebook, you will be able to connect with friends, acquaintances, and with other people who you study and live with. Internet marketers and others looking to improve their list of contacts have been quick to see the opportunities this type of site can offer.
Unlike other social networking websites, Facebook will be able to offer you a lot of tools that you can use in order to market your products or services as well as your business website more effectively and efficiently. Just think about it, with over 62 million users worldwide, you will definitely have a lot of potential clients to do business with. Still, things are not that simple and there are certain rules and tools you will need to help you realize the potential it has to offer. Step one is to create a profile which should contain a comprehensive description as this is more likely to attract people to it.
Increased viewing will mean more people will be able to know about the products or service you are offering. The great thing about Facebook is that you will be able to see friends of your friends. Another facility that has enormous potential is that of joining certain groups and even starting your own. This way, you will be able to meet people that are also interested in what you have to offer.
It is possible for you to place your blog in your profile through RSS. With increased number of readers, you will get more leads which also mean more business. With Facebook, you can be sure that it will be able to provide you with more targeted traffic to your official business website and it will also help you advertise. Through these tips, you will see that you will be able to increase traffic and get more businesses.
So those of you out there that are blogging or thinking of getting an online presence - social bookmarking sites can be a huge asset in helping you gain exposure and rankings.
Until next time…..Ima Boomer.
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Its inevitable. Like it or not, no matter how much we exercise and try to maintain our fitness the aging process means that joint pain has a fair chance of affecting all of us. Joint pain, otherwise known as arthralgia is not pleasant and can hit us in a number of ways as the years roll by.
Joint pain can stem from a number of conditions including;
Arthritis. This can be osteoathritis or rhumatiod arthritis.
Aseptic Necrosis. This is a condition in which poor blood supply to an area of bone leads to bone death. it can also be called osteonecrosis.
Bursitis. This is the inflammation of one or more bursae. With hundreds of them throughout the body they provide this surface for all motion, making movement normally painless. When bursitis takes hold, however, movement that relies on the inflamed bursa becomes rough and painful. Movement of tendons and muscles over the inflamed bursa causes it to become more inflamed, perpetuating the problem.
Osteochondritis Dissecans. This is when blood supply to the area at the end of your bone is cut off. Most people diagnosed with this are older children, teenagers and young adults, particularly those active in sports. So this may have been affecting boomers for years already.
Sickle Cell Disease. Sickle cell disease is an inherited blood disorder that affects red blood cells. Sickle-shaped cells can block the smaller blood vessels so less blood can reach that part of the body. This means that eventually tissue that does not receive a normal blood flow becomes damaged.
Other causes of joint Pain may include;
- cartilage tears
- fractured bones
- sprains
and even tendinitis.
Although it may be inevitable joint and back pain, it can be held at bay if you don’t over extend yourself when playing sport. Also just approaching everyday activities with common sense and don’t try to overdo it. Don’t think of yourself as a 25 year old just to prove a point and end up with an injury as a result.
Click here for further information if you are suffering from back pain.
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