Renting is not throwing money away, but the real argument is stranger
Housing’s celebrated 7% return is almost all rental yield. Real capital gains run about 1% a year — and the variable that decides the answer is whether you actually invest the difference.
The latte factor gets the arithmetic right and the mechanism wrong
His sum checks out to the dollar. But 85% of people are passive savers who ignore price incentives, and financial education explains 0.1% of the variance in behaviour.
Where the three-to-six-month emergency fund rule actually came from
The most repeated number in personal finance was set in 1996 by polling 156 advisers. Six million households of bank data suggest a very different answer.
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The 50% Divorce Rate Was True for About One Year. You Can Name It.
In 1981 the United States recorded 2,422,000 marriages and 1,213,000 divorces. Divide one by the other and you get 50.1%. It was also the peak year. The statistic has not been updated since.
The Open Office Was Built on a Measurement. Then Nobody Measured It Again for...
When researchers finally put sensors on employees before and after a redesign, face-to-face interaction fell by about 70%. The study did not measure productivity — and after six decades of fit-outs, almost nothing has.
Nobody Is Left-Brained. The Man Who Won the Nobel for Split Brains Said So...
A study of 1,011 brains looked for people whose left or right hemisphere ran stronger overall. It found lateralised functions everywhere and lateralised people nowhere.