How would you invest a $50,000 windfall?

19 Jan 2007 (Fri)

SIX INVESTORS told The Straits Times recently said they would: (1) Advertise a website, (2) Buy index futures, (3) Buy growth stocks, (4) Go on the Silk Road, (5) Buy an apartment and (6) Switch to Reits respectively. Personally, I would drop everything, apply for an assistantship and pursue further studies in educational psychology in U.S.A.

What would you do, and why? Just tick one of the options/boxes below. You can also add a new option (by clicking here (scroll to the bottom to enter a new and preferred option — remember to click the box to cast your vote!), or add a comment (by clicking the “Discuss this Poll” link below).

How would you invest a $50,000 windfall?
Advertise your website
Buy index futures
Buy growth stocks
Go on the Silk Road
Buy an apartment
Switch to Reits
Pursue further studies
Buy an artwork
Donate to charity
Get a pet
Reduce Bank Loan
scatter them outside SM’s House and shout ‘peanuts’
Keep for future use
Quimble
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Those “High Bridge” Men

13 Jul 2006 (Thu)

Capilano BridgeIN Dutton & Aron’s Two Bridges experiment (1974), male participants were asked to walk across the Capilano Canyon suspension bridge in Vancouver. Others were asked to walk over a low bridge. Although the men were told that they were being asked about creativity and scenery, they were actually being tested on their emotions. The woman interviewing them subtly dropped them her phone number in the middle of the questions. The same woman did the interviews on both the low and high bridges. The end results: Among those who walked on the high bridge, 60% used the number and called the woman back. Among those who walked on low bridge, 30% picked up the phone.

What caused this great discrepancy? Is it:
Nature: The men acted according to “who they are”. Those who walked on the high bridge are single, adventurous men while those who took the low bridge are attached, less adventurous men.
Context: The men responded according to “where they are” – “high bridge” suggests adventure and romance while “low bridge” suggests otherwise.
Hormones: As the men on the high bridge are in a dangerous situation, they had an adrenaline rush, [got into a state of high arousal] and so are in a more romantic mood.
Hope: The men on the high bridge were more suicidal. Approached by an attractive woman, their mood changed to “hope” and so…
Quimble

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Posted by J.K. in Cognitive, Design, Emotive, Learning, Media, Polls, Possibilities, Problems, Psychology | blog reactions | Comment |