Hide a million dollars quickly, my ideas and crazy ideas

What is this, much dollars?

One dollar, hundred dollars, million dollars! In movies you can see that a million can simply fit in one case. In fact,there is nothing fantastic about it, it really can fit in there, if the bills are tightly packed.

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A young couple changed $10 000 in $1 bills and tried to hide a million dollars.

In width $1 and $100 are alike, so the experiment can be called absolutely realistic.

 

 

 

 

 

 

 

 

The question “What is a ‘dollars’?” may seem trivial.

Everyone knows what a “dollar” is – or, at least almost everyone thinks he does. In fact, however, very few people could correctly define a “dollar.”

And even fewer know why a correct definition is vital to their continued economic and political well-being.

If you want to make and keep money, you need to know how people have done it and are likely to do it in the future.

Learn basic macro and microeconomics, accounting, personal and corporate finance, management, etc. Also pick up behavioral finance and psychology, mostly to learn how humans sabotage themselves.

Study millionaires and billionaires, and understand how they made their money.

But beware of survivorship bias: what percentage actually succeed on those paths?

In general, beware of confirmation bias: if you only like hearing what confirms your beliefs, you’re digging yourself a hole. Always be on the lookout for evidence that you’re wrong, then analyze the heck out of it.

Read the Economist and other reputed economics/business periodicals: most Americans’ understanding of how the world works doesn’t hold up under scrutiny.

If you have a favorite or a sole news source, you’re giving in to confirmation bias and are probably a drone of a political party (doesn’t matter which: none will make you smarter or wealthier).

You need to break that habit.

Nice Day to You!