Leisure, Lifestyle & Wellness
Type on Computer and use it on your phone
An  app called Mighty Text allows you to do just that 
 
Sometimes, it is so inconvenient to type messages on your phone. And, when you are in office, with your phone lying next to your computer, how you wish you could type your messages on your computer, instead of your phone. A simple hardware fix is to buy a Bluetooth keyboard—and you are ready to go. But, if you download and install Mighty Text, you can get the same functionality and much more. 
 
Once you have installed and activated the app, you need to add a browser extension of Mighty Text on Chrome or Firefox. Having done that, all your text messages, which come on your phone, will also come on your browser. You can forward or edit the messages and also cut and paste easily from anywhere else. You can also store your messages online, for up to six months. Your phone directory will be auto-loaded in the Mighty Text directory and you can send messages to multiple recipients and groups. A great feature is that you can auto-load the pictures that you take on the phone, to your browser. Once on your browser, you can share the pictures, download them or delete them. A real time-saver and conveniently efficient!
 
The paid version also allows you to create readymade templates for SMS, send up to 25 messages at a time and much more. This is an app which I cannot live without—Real Mighty! 
 
Yazdi Tantra is a chartered accountant by training, computer consultant by profession, entrepreneur-developer by hobby and trainer in his leisure time. He is currently the vice-chairman of Zoroastrian Co-operative Bank Ltd and has been running a medium-sized computer company ON-LYNE for the past 24 years. 

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Only 46% people claim to have started investing for retirement
According to Principal’s Financial Well Being Index 2015, 45% of respondents don’t know how much money will be available to them post retirement 
 
The third edition of Principal’s Financial Well Being Index highlights the decrease in overall optimism about economic outlook vis-à-vis 2014. The study provides insights on the perceptions and concerns of the Indian Households about the economy, household spending, savings and investment attitude and other related trend. When it comes to financial savings, out of the 1,400-odd respondents across 11 cities, 44% of them have not yet started investing for retirement. Out of the sample, as many as 45% of respondents don’t know how much money will be available to them post retirement, and 44% of respondents have not factored in the impact of inflation for their retirement fund. Yet, “Staying happy & stress free (63%) and having enough savings (56%) are the main thoughts for post-retirement finances,” according to the report.
 
 
 
The survey targeted households with an annual household income above Rs5 lakh. Children education (65%), household expenditures (64%) & medical expenses (60%) are the top three expenses expected to increase after retirement. Children’s marriage (59%) also features prominently in the list. Majority (62%) of the respondents plan to retire between 56-60 years. The need to secure their future (64%) and a lack of existing support (49%) are the main reasons cited for starting investments for retirement.
 
Nearly half the respondents consult a financial advisor for retirement planning, with as many as 59% respondents stating that they would be willing to pay a fee for the services of a financial advisor. Overall 68% respondents felt that a financial advisor plays an important role in their financial decisions. Nearly 54% of the respondents rely on the help of financial professional when making important financial decision. Investment planning (55%), setting financial goals (52%) & tax savings (52%) are the top three reasons for consulting a financial advisor.
 
The respondents have a good saving rate. Savings and investments account for 40% of the income. But still, life insurance (59%) and fixed deposits (55%) are the most preferred investment options. The main reason for this is that safety is the topmost criteria for selection of investment products followed by returns. Out of the sample, 73% of the respondents claim to be extremely / somewhat satisfied with their current level of investments. Concern for savings & investment, followed by loan/credit along with future concerns are the top reasons for decreased spending.
 
 
Optimism about the overall state of the economy has come down as compared to 2014 but is not as pessimistic as it was in 2013. Unemployment (68%), corruption (68%), rising inflation (67%) continue to be top concerns in the economy in the next one year. Thirty-six percent of the respondents say that they are extremely/very worried about home loan interest rates while only 11% are not at all worried. Jobs, education and electricity are the top three areas where people want government to focus in the coming year.

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COMMENTS

MG Warrier

10 months ago

The results of the survey should worry Government and working population in equal measure. Government should own up the responsibility for dismantling existing social security systems including pension schemes in the organised sector without compensating the affected workers by raising their income so that they make alternative saving arrangement to provide for post-retirement life. Ideally, wages, yes, from daily wages to remuneration packages of company executives, should carry a distinct component which the worker/employee should save for post-retirement life. This is more relevant in India as we do not have social security systems which are available in developed countries. Now, senior citizens and retirees are described as a burden on working population.
After about seventy years after independence, if senior citizens and retirees who have worked for 30 t0 40 years are not having income or assets allowing them a dignified life, that itself is proof enough to show that the wage structure has been defective. The position needs to be rectified across government and public/private sector establishments, at least at this late hour.

5G, IoT and cloud will disrupt every industry in 2016: Ericsson CEO
Barcelona : Digital disruption will come to every industry in 2016, Ericsson president and CEO Hans Vestberg said at the Mobile World Congress (MWC) here on Monday and made announcements regarding 5G, Internet of Things (IoT) and cloud computing.
 
"Digital disruption will come to every industry in 2016. Today's announcements -- together with the hundreds of demonstrations we will show at MWC -- clearly demonstrate the strength of our portfolio and our capabilities as an Information And Communications Technology (ICT) transformation partner," Vestberg said in a statement.
 
"Our portfolio is constantly evolving to keep pace with customer demands. Now, with industries and even whole societies being disrupted by mobility, broadband and cloud, we are accelerating our own transformation," he added.
 
At the event, Vestberg identified 5G, IoT and cloud as the hottest topics in the ICT industry -- and made major announcements in each area.
 
He said that Ericsson, being a leading researcher for 5G pre-standardisation, has agreements with 20 major operators around the world to work together on 5G -- more than any other vendor.
 
5G radio test-bed field trials will start in 2016 and Ericsson is active in aligning industry time plans to assure the commercial launch of 5G in 2020.
 
Vestberg announced that Ericsson is collaborating with AT&T to bring the operator's Digital Life solution -- which uses IoT technology to transform home security and automation -- to service providers outside the US.
 
IoT, for a laymen, is a futuristic system where you can control almost everything -- from TV to refrigerator, from air-cooling to coffee machine -- with your smartphone.
 
Ericsson also announced plans to form a global business, technology and services alliance with Amazon Web Services (AWS) to accelerate cloud transformation for telecom service providers.
 
Disclaimer: Information, facts or opinions expressed in this news article are presented as sourced from IANS and do not reflect views of Moneylife and hence Moneylife is not responsible or liable for the same. As a source and news provider, IANS is responsible for accuracy, completeness, suitability and validity of any information in this article.

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COMMENTS

Simple Indian

10 months ago

This article is misleading and should be taken with a sack of salt.
Firstly, 5G is still in the works, and will probably get standardized protocols across carriers only around 2020, which is a long way off. So chill.
Secondly, IoT will rely heavily on fast & reliable high-speed internet connectivity, which again will depend on roll-out of 5G (or atleast 4G tech) networks across geographies. So, this too will take shape only when 4G becomes industry standard and widely available, again in 3-4 years.
Finally, all of us who access internet already use Cloud services in some form, be it GMail, Yahoo, MS-Outlook mail, etc. which are cloud-based services. What is likely to happen is much more of our data would stay on the Cloud (say Google Drive or MS-OneDrive) when high-speed Internet becomes commonplace. It might reduce dependence on locally stored data, esp. on mobile handsets, as on Memory Cards.
All this will take atleast 3-4 years and 2016 will certainly not be an year to see any of these being disruptive.

Ramesh Poapt

10 months ago

vow!!!

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