1. Why Buying the Dip is a Terrible Investment Strategy – Of Dollars and Data
2. The 9 skills that will help you ‘get promoted faster and receive top performance reviews,’ according to a career expert – CNBC Make It
3. Societies that treat women badly are poorer and less stable – The Economist
4. 6 Things to Know about Dividend Reinvestment Plan in Malaysia – Marcus Keong
5. Too much free time may be almost as bad as too little – American Psychological Association
Researchers analyzed the data from 21,736 Americans who participated in the American Time Use Survey between 2012 and 2013. Participants provided a detailed account of what they did during the prior 24 hours—indicating the time of day and duration of each activity—and reported their sense of well-being.
The researchers found that as free time increased, so did well-being, but it leveled off at about two hours and began to decline after five. Correlations in both directions were statistically significant.
“Our findings suggest that ending up with entire days free to fill at one’s discretion may leave one similarly unhappy. People should instead strive for having a moderate amount of free time to spend how they want. In cases when people do find themselves with excessive amounts of discretionary time, such as retirement or having left a job, our results suggest these individuals would benefit from spending their newfound time with purpose.”