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What is the entry for investment?
What is a warrant?
For an investment that wants to make a warrant transaction, you can first establish the basic concept of the warrant operation.
1. To operate the warrants, first understand the three characteristics of the warrants.
2. What is the warrant?
3. Operating warrants must understand your counterparty: self-employed
4. When should I use a warrant transaction?
5. How to buy the warrants?

To operate the warrants, first understand the three characteristics of the warrants.

A warrant is a derivative commodity that has three main characteristics:
Features 1. Ability to control a stock with less capital
In other words, there is a relatively large leverage, similar to the concept of small and big.
Feature 2. Can do more or short
Short selling of warrants is the sale of securities-like securities, which are sold first, then bought, and when they fall, they profit and increase losses. Stocks have more restrictions on securities lending, which involve issues such as opening a letter to the user, insufficient voucher sources, and suspension of securities. However, there is no such restriction on the use of warrants.
Features 3. Limited loss, similar to lotto
General stock investment, the average annual return rate of 10% is very good, through the warrants trading, the profit may be 50% or even 500%, but the loss may also lose 100% of all losses, this feature is similar to the lottery .
Therefore, when operating the warrants, you will not invest too much money each time, just as you will not buy all the lottery to buy lottery.

What is the warrant?

The nature of the warrant is similar to that of the buyer of the option. It is a "voucher that can buy and sell stocks at a specific price in the future."
This is not the same as buying stocks. The stock is simply bought and sold, but the warrants must be added with time (expiration date) and agreed price (performance price).
To give a simple example of warrants:  
After 3 months, you can buy 500 shares of TSMC with a stock price of 250 yuan.
After 2 months, you can use the stock price of 260 yuan to sell (short) 1000 shares of TSMC.
Such a contract can be called a warrant.
A voucher is a contract meaning that the contract contains the following elements:
1.  Subject : Stocks corresponding to warrants
2. Subscription/sell : The subscription can be bought when it expires, and the subscription can be emptied when it expires.
3. The  strike price : the price at which it will be bought or emptied, if there is any ex-rights or increase , capital reduction will be adjusted according to the ratio
4. Exercise ratio : 1 ratio of the exercise time, representative of an expiration can buy a ticket stock; exercise a ratio of 0.5 times, representing an expired ticket stock can buy 0.5
5. Expire Date : The expiration date, but usually we are more concerned about how many trading days are due, because there are only 10 days left and 60 days left, the stock price may vary by a different amount.
For example:
1 TSMC warrant, 3 months later can buy 500 shares of TSMC with a stock price of 250 yuan, then its warrants information will be like this:
  • Target: TSMC (2330)
  • Subscription / Subscription: Subscription – because At the time of expiration, you can buy
  • Reward price: 250 yuan
  • Exercise ratio: 1 warrant can buy 500 shares, the corresponding ratio is 0.5 times
  • Due date: 2019/04/18 (assuming 3 months later It is this time)

Operating warrants must understand your counterparty: self-employed

Warrants are issued by major self-employed Since the warrant is a contractual voucher, there must be a counterparty to the transaction, and the regulations stipulate that a qualified dealer can issue a warrant. The main profit of the self-employed is the handling fee and time value.
For publishers, the main income is the transaction fee from the caller of the warrant . When the investor trades the warrant, the issuer usually avoids the potential loss when the stock rises and falls.
In addition, there is also the return of time value, the meaning of time value is that as the maturity date is close, the size of the warrant may fluctuate gradually, and the fluctuation becomes smaller, the profit potential of the warrant becomes smaller, so the warrant The value will be reduced, and the warrants can sell the warrants at a high price at the time of issuance.
Self-employed companies have the responsibility of making a market, but they also control the price of warrants.
The main cost of the issuer is to hire professional traders to monitor and market the liquidity, including some of which will increase a lot when the warrant expires. This part of the loss will be offset against the time value.
Imagine if you sell a product, the price is controlled by you, can you make yourself lose money? Moreover, the self-employed business itself has some costs to bear.
For all derivative goods, as long as there is one buy and sell, both sides are usually zero-sum games. For the warrants, if the person who buys the warrants makes money as a whole, the person who sells the warrants is bound to lose money.
This is not to tell you not to buy a warrant, but to understand the innate characteristics of the warrant first.
In the past, Mr. Market once wrote an article that mentioned that investment novices do not want to trade warrants . The reason is that the characteristics of warrants are more complicated, and it is easy for newcomers to suffer if they are not familiar with them.
But this is not to say that the warrants are not good.
I think that warrants are a tool, any tool has its characteristics, but the tool itself has no good or bad, only the difference between the user's use and the timing of the use.
At the right time, using the warrants operation will have a much better effect than stocks.

When should I use a warrant transaction? 

You should not trade warrants for less money. Generally speaking, when selling a warrant, you often hear a sentence called: Qian Shao can also trade warrants. Because the warrants are usually bought and sold for a small amount of several thousand yuan.
Mr. Market itself does not like this marketing word very much. If you think about it, you will not buy more lottery because of less money. The same reason, money is not the reason for trading warrants.
Timing for operating warrants: Expect large fluctuations in the short period of time to come
For example, if you think that the US presidential election in the future, the stock market is likely to be affected by the ups and downs, but you don't know whether it is up or down, or you think there is a higher chance than usual.
At this time, the characteristics of the warrants: high leverage, limited losses, can maximize the effect.
When you guess the right, you get huge income. If you make a mistake, you have a limited loss. If you use stocks, you can't get a similar effect.
In the same way, there are still many opportunities for volatility amplification. This is left to your own exploration. In the future, Mr. Market will also share some statistics.
Warrants myth: Really limited losses, unlimited profits?
Many promotional slogans will say that the warrants are "limited losses and unlimited profits"
However, in fact, the profit cannot be unlimited, because each warrant has a corresponding stock target. The stock price has a limited range of stock price changes for a period of time, and if no one speculates on the price, there is no market panic, and the company’s business is also Not much change, the stock price change is usually not too big.
Warrants do not hold for a long time
Because the value of warrants will continue to decrease over time, you should generally avoid long-term warrants unless there is a large enough opportunity to wait.

How to buy the warrants?

Warrants can be bought through stock brokers, and the warrant code can be entered. If you have not yet opened a stock account, you can read:
  • How to open a stock investment securities account?
  • How do I talk about the handling fee when opening an account?
  • Latest stock brokerage account opening fee discount

Warrants are more relevant to the right to choose.
If you are interested in warrants, you can spend more time understanding the options, and follow-up will be sorting out some related teaching.

September 25, 2018
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buy and sell
The choice is a derivative product that the average investor will be exposed to. It is relatively difficult to understand, but as long as you can understand the choice, other investment products will be for you. Nothing is difficult.
Here are a few highlights of this introduction to options:
  • When will I need a trading option?
  • What is the choice?
  • What are the options?
  • Call and Sell (Put), Buyer (Buy) and Seller (Sell)
  • Will the choice be dangerous?

When will I need trading options (Options)?

One of the most frequently asked questions of many investment friends is: Do you think it will fall or fall?
But in fact, our observations of the market usually do not only rise and fall, but also contain different degrees of views.
Because we don't have the ability to predict, we only make judgments based on experience and statistics.
Each kind of opinion is a chance, and it does not mean that the future will really go this way.
If you only buy and short stocks and futures , you may only have actions when you have a big rise, a small rise, a big fall, or a small fall.
If you can accurately judge the situation that it is difficult to rise, hard to fall, and consolidate, is there any investment tool that can operate profitably ?
The choice is in any case, as long as you can predict the future, you can take advantage of the investment tools.
There are no operational spaces for stocks and futures in the following cases, but if you use the option, you may be able to make a profit:
Case 1. The probability of not rising or falling in the future is very high, and the stock price rises and falls between -5% and +5%.
Case 2. Maybe it will rise in the next month, but it will never rise more than 10%.
Case 3. There is a 90% chance of a rise in the future, but a 10% chance may be a big drop.
Case 4. The future may have a large increase, or a large decline, but it will not consolidate
In these cases, even if you can predict 100%, you can only use empty stocks or futures because you can only buy or sell, but if you choose, the correct operation may bring huge profits.

What is the choice?

Unlike buying stocks, stocks are simply bought and sold, and options are added to the time (expiration date) and agreed price (performance price).
An option contract consists of the following factors:
Subject The option contract corresponds to the subject, such as a stock or an index
Call/put 
Call of call: Expiration can be bought with the strike price.
Sell: Put can be sold at the expiration price. It is recommended to use English as much as possible, because it is easy to mix in Chinese.
Performance price          Transaction price of the contract at maturity expiry date               Is the due date, divided into monthly or weekly options based on the period
Contract multiplier          Different target, the amount corresponding to 1 point
For example: 1 point is equal to 200 yuan
Among them,
1 trading unit, called "one bite"
The purchase and sale of options is a future contract, so the use of " margin trading " deposits is often referred to as "equity" in the account.
Practical examples:
For example: buy a 1 month October refer to the 10000 point call month option, the current market price of 55 points
Target: Corresponding to the weighted index
call/put: buy call, think that it will rise far more than 10000 points when it expires. The
strike price: 10000 points.
Due date: the third Wednesday of October expires the contract multiplier: 1 point 200 yuan
(The choice is a finalized contract, so there will be a consistent expiration date and a contract multiplier, and different items will be different.)
55 price point, this call represents the buying contract, it takes 55 points x200 yuan / point = 11,000 yuan of premium
This premium is deducted from the deposit account and paid to the seller.
The seller (the party that sold the call option) can receive the premium paid by the buyer first , but the seller will need to pay more margin because the buyer’s profit is the seller’s loss.
In this example, the seller needs 22,000 yuan. The margin of the seller will need to make up more margin, and the minimum margin required by the seller will be stipulated in the exchange.
If the index falls to 10,500 points when the settlement is due, the value of this call is equivalent to 500 points. After deducting the cost of 55 points, the profit is 445 points, which is equivalent to the profit of +89000 yuan, and the profit is nearly +800%.
But if the index settlement falls at 9950, then the call is worth nothing, equal to 11,000 yuan, a loss of -100%.
From this case, we can see the four characteristics of the option:
1. High leverage, high risk, easy to make big losses
2. Can do more or short
3. The buyer has a limited loss, but there is no limit to profit, and the risk is limited. However, because of the need to pay royalties, the probability of loss is usually high.
4. The seller has unlimited losses, but the profit has a ceiling and bears all risks. The upper limit of the profit is the total amount of the premium, which usually has a high probability of profit.
Through the process of buying and selling, the option can pass on the risk of investment ups and downs,
which is its biggest feature.

What are the options?

The option is also called derivative financial product, because it is a contract to trade another financial product.
These corresponding financial products are called targets, and usually have the following categories:
  • Stocks (such as TSMC)
  •  Indexes (such as weighted indices)
  • Commodities (such as gold)
  • Foreign exchange (such as the US dollar against the RMB exchange rate), etc.

In Taiwan, the most commonly traded are index commodities (the Taiwan index period, the small Taiwan index). The stock option is very developed in the United States.
However, because of the small trading volume in Taiwan, only some stocks with large market capitalization are relatively hot.

Call and Sell (Put), Buyer (Buy) and Seller (Sell)

These two groups of nouns are easy to confuse because they are bought and sold when translated into Chinese, but if you look at it in English, it is clear:
Call and sell (Put) represent "type of contract"
The buyer (buy) and the seller (Sell) represent "the parties to the contract"
Because Chinese is relatively circumventing, so generally we use English when we talk to our friends about choices.
There are four basic ways to buy and sell options:
Buy call (buy call): think that the future will rise (bullish)
Sell ​​call: I think that the future will not rise (not going up, bearish)
Buy put (buy and sell): think that the future will fall (bearish)
Sell ​​put (buy and sell): think that the future will fall (not to fall, bullish)
According to different fulfillment prices, various combinations will be extended, for example, a bullish 200 points but will not rise more than 500 points. This combination can be easily achieved with the option.
Is the buyer's loss limited and safe? Is it dangerous for the seller to lose money indefinitely? NO
There are buyers and sellers in the option contract.
The seller’s loss is infinitely risky. It seems to be dangerous. Is there anyone else to be a seller?
Of course, because any transaction will be sold because both buyers and sellers find it cost-effective.
Although the seller has no upper limit on risk, when the seller thinks that the possibility of future losses is greater, he will tend to accept more expensive rights to be willing to close the contract.
Similarly, the buyer seems to have no risk, but he will have to pay expensive royalties at the beginning. Cost, so ultimately it is not necessarily profitable.
The buyer is not safer, and the seller is not at risk,
depending on whether your judgment on the future is accurate.

Will the choice be dangerous?

In the past, Mr. Market just said to others: "I operate futures and options."
Usually others will say, "Is that dangerous?"
Is the choice dangerous? Indeed, the choices fluctuate greatly
It is quite normal for the option to go up and down 50% in many cases.
In the 2018/10/11 platform, it once fell 831 points a day. The whole market is close to 8%, and the intraday option has more than 3,000%. The weekly option has seen a +16,000% increase, while the call has almost fallen by 90%, and even fell 99% worth one day.
Is volatility a big risk? actually not
Lotto volatility is also very large, earning 500%, thousands of percent, but not 100% of the loss, the key is that you will not buy all the lottery to buy lottery, if the ratio of invested funds to total assets is small In fact, the risk is not big.
The biggest risk of investing is people. If you don't know what you are doing and what you are profiting from, you are taking a huge risk. - Mr. Market
In fact, the right to choose is a very important "safe haven" commodity.
For example, the asset manager who holds tens of billions of shares in the hands, but believes that there may be a risk of a small chance of falling in the short term.
At this time, if the stock is bought back, in order to avoid the impact of the market too much, it will take several days to sell slowly, and also pay high transaction costs.
But through the right of choice, it is possible to achieve the same effect with a small amount of money, and it is easy to buy and sell.
Any tool has its use, see how you use it
Driving a car is dangerous. What should I do if I hit it? It’s dangerous to take the plane. What should I do if I fall?
But if used properly, these tools can help you reach some distant destinations without using these tools. Going to a place may be impossible to walk or row.
There are no good or bad tools, but they need to be used correctly. The more tools you have, the more opportunities you have to solve.
August 26, 2018
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With its diverse landscapes and climates, Europe has much to offer wine lovers. A pleasure trip in pictures from the Moselle to Bordeaux, from Tuscany to Tokaj.

Romance on the Moselle

The Romans planted vines on the steep slopes of the Moselle 2000 years ago. It is the oldest wine growing region in Germany. More than 100 winegrowers invite you to stop, as well as the Moselle town of Cochem (picture). The top wines of the region achieve record prices at international auctions.

Riesling from the Palatinate

The 18-meter high Weintor is the landmark of the German Wine Route, which has been leading through the Palatinate for 80 years. Here is the largest Riesling area in the world. The "King of German wines" enjoys a good reputation worldwide. Already at the opening of the Suez Canal in 1869 was initiated with a Palatine Riesling.

Bordeaux - city, countryside, wine

Bordeaux - that's the name of the western French city, the famous wine growing region around it and the dry, long-lived red wines that thrive here in the mild Atlantic climate. And above all, the cock, the symbolic animal of France, watches proudly.

Burgundy - Who offers more?

Every year in November, the wine world meets in the French region of Burgundy for the world famous wine auction in the Hospices de Beaune. The Burgundy wines themselves are constantly making exorbitant awards: for one barrel of "Corton-Bressandes Grand Cru", 220,000 euros were paid last year.

Tuscany - home of Chianti and co

Italy is the largest wine producer in the world. And the heart beats in Tuscany. The hilly landscape and the mild climate make great wines mature: Chianti Classico, Vino Nobile di Montepulciano and Brunello di Montalcino. They are made from the grapes of Sangiovese, a grape variety that only exists in Italy.

Douro - Portugal's most famous wine region

On the slopes of the Douro Valley grow sweet, full-bodied grapes, which form the basis for the port, a high-proof dessert wine. In oak barrels, he is brought to the port of Porto, where he is at least two years stored. The Douro river valley became the world's first protected wine-growing region in 1756 and has been a UNESCO World Heritage Site since 2001.

Rioja - Barrique wines from Spain

The winery "Bodega Ysios" is a prominent figurehead of the Rioja region. Architect Santiago Calatrava designed it in the form of juxtaposed wine barrels. Already in the 19th century, the winemakers matured their red wines in so-called "barricas", ie in oak barrels, which give the wine its unmistakable character.

Tokajer - what a long fermentation, will be fine

The Hungarian city of Tokaj is named after this precious wine, which is made from white wine grapes. Mandatory is ten-year maturation in barrel and then five years in the bottle. Typical for the region are the labyrinthine underground tunnel systems, in which the Tokaj wines can calmly develop their taste.

Greece - cradle of European wine culture

Dionysus, the god of wine, is a Greek. No wonder, because as early as the 16th century BC, the ancient Greeks grew wine. He encamped in amphorae sealed with tree resin, Retsina. It gave the wine a special flavor. Even today small pieces of resin are added to the wine fermentation to produce the typical Retsina wine.

July 10, 2018
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Around the royal wedding of Prince Harry with Meghan Markle, England gains additional attraction as a tourist destination. Travelers will find cliffs, castles and green hills in this part of Britain.
London
London offers some of the best museums in the world, famous sights and an exciting nightlife with lots of live music. This mixture is attractive. The English capital is the most visited city in Europe and attracts millions of tourists every year.
castles
During a visit to one of the countless castles you can immerse yourself in the history of England. Many of these old buildings are well maintained and preserved. So Dover Castle, a medieval fortress towering over the white cliffs of Dover.
tea
The traditional "Tea Time", the "Five O'Clock Tea", is served with black tea and milk. The tea culture of the country originated in the mid-17th century. There are also scones, a soft pastry. It's best to warm the scones with jam and clotted cream, a kind of thick cream.

architecture
England also stands for modern building with architects like Norman Foster and David Chipperfield. In London, you can go for a swim in the Aquatics Center designed by architect Zaha Hadid for the 2012 Olympic Games.
Stonehenge
The two stone circles are the most famous prehistoric monument in England. It is a UNESCO World Heritage Site. Whether the stones served as a temple, observatory or burial ground remains unclear to this day. The stones of the inner circle were set up around 2500 BC.
Manchester
The former industrial center of Manchester has become a modern city with trendy bars and clubs. The Manchester International Festival features world-renowned musicians, artists and actors every two years.
gardens
In England there are countless large landscaped gardens, but also many small publicly accessible flower gardens. A famous example of English garden art is Stourhead Garden southwest of London. In 1740 the complex was opened as a Gesamtkunstwerk consisting of meadows, lakes, forests, viewpoints and visual axes.

The Beatles
If you are a Beatles fan, come to Liverpool. In the suburbs of the city are still the houses in which three of the mushroom heads spent their childhood. Liverpool is also home to Penny Lane, the Beatles Story Museum and the Cavern Club, the basement lounge where The Beatles performed hundreds of shows.
Cornwall
The southwestern part of England has a surprisingly mild climate for English conditions. But what makes Cornwall special is its nature and landscape: rough, steep rocky coasts, small fishing villages and long sandy beaches. Ideal setting for crime stories by Agatha Christie or novels by Rosamunde Pilcher.
Shakespeare
His works have elevated the English language to art. In the county of Warwickshire one comes particularly close to the poet William Shakespeare. In Stratford-upon-Avon his birthplace and his classroom can be seen. His world-famous stage plays are performed regularly throughout England, including the Globe Theater in London.
May 17, 2018
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At Pentecost, the Saxon city is a destination for the fans of Wave Gothic - then mixes a lot of black in the colorful scene. Leipzig is considered hip anyway and offers creative freedom to young creatives.
The in-street KarLi
Leipzig is booming. The city grows annually by more than 10,000 inhabitants. Especially young people move here. Everywhere you can feel this young and creative atmosphere. For example, on Karl-Liebknecht-Straße, called KarLi for short. Here mixes bars, fancy shops and adventurous factory lofts.
Trendy place Plagwitz
Attractions for young people is also the district Plagwitz with the Karl-Heine-Straße. Here you notice especially the unfinished charm of the city: In addition to old factories have opened new pubs. Cheap studios and offices attract artists and start-ups, graffiti decorates unrenovated houses. There are also events such as the "West Package", an alternative art, culture and street festival.
Party for every taste
Original atmosphere offers Dr. med. Strange in Plagwitz. During the day, bicycles are repaired here, in the evening the shop is transformed into a small pub. If you prefer to go out chic decides for the club L1. Elektro, Indierock and Co. are mainly played in the south and west of the city - in locations like the Distillery or Conne Island.
Charm of decay
The many open spaces in the city leave room for new ideas. Typical are the old industrial buildings, which are used as party locations or venues. But many a factory site - like here the Maschinenfabrik Leipzig - is still deserted and fascinated in its own way.
Art instead of cotton
A well-known example of the redesign of a former factory is the cotton mill. Ateliers, galleries, exhibitions make them the center of the Leipzig art scene. The Galerie Eigen + Art also has its headquarters here. It has made the "Neue Leipziger Schule", a modern art of painting, internationally known. Her most famous representative is Neo Rauch.
Modern university with tradition
Leipzig is very popular with students. The University of Leipzig was founded in 1409, making it the second oldest in Germany. Celebrities like Johann Wolfgang von Goethe and Richard Wagner studied here. The central main building of the university with church - since 2012 in a new guise - rinses the student life in the heart of the city.
From the mining to the bathing area
Everything is accessible by bike, including the man-made lakes in Leipzig's surroundings. There are some of them. The most popular meeting place is the Cospudener See. Originally yawned here a deep lignite open pit. This was flooded and transformed into a bathing lake. On its shore, there is the longest sandy beach in Saxony, it is one kilometer long.
Places to chill out
The parks and gardens in Leipzig's city center are always well populated in the summer. For example, the Lene Voigt Park (picture) or the Clara Zetkin Park. Playing volleyball, barbecuing or just lounging in a hammock - here, too, you can see especially young people.
Wave Gothic meeting
Every year on Pentecost Leipzig's parks offer a special spectacle. Thousands of Black Scene supporters conquer the city at Wave Gotik, the largest gothic festival in the world - three days of show, concerts and parties - not only in costumes in black costumes but also in opulent Victorian dresses. with wigs and ornate hats.
Bach, Thomaner and prince
Leipzig is a city of music, the famous Gewandhausorchester and the Thomanerchor perform here, the composer Johann Sebastian Bach lived here from 1723 to 1750. Leipzig is also the hometown of the Princes, with six million records sold and still one of the most successful bands from Germany. Music, alternative life, young people: Yes, Leipzig rocks!
May 05, 2018
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Cuddle, wash, move: According to a survey, four out of ten Germans imagine being cared for by a robot at times. Japan is a pioneer in their use in retirement homes. The seniors like it.
Robots nurture seniors

Training lesson with Pepper

Society is aging, especially in Japan. By 2035, one third of the Japanese population is estimated to be 65 or older. To better care for the elderly, robots are already being used in retirement homes.

Sport after robot model

In this senior citizen facility in Tokyo, the human-like robot "Pepper" conducts a training session. With an electronic voice, he politely gives the participants instructions: "Right, left, well done!" Pepper is already used in about 500 Japanese nursing homes. He can not only lead sports groups, but also conduct simple conversations, tell jokes and recognize moods.

Playing with Aibo

Robots at the Shin-tomi retirement home also replace pets with which the elderly can interact. Here is a woman playing with the robot dog "Aibo". The caregivers use 20 different models in this elderly care facility to employ the residents.

Cuddle with Paro

This robotic seal does not just have a fluffy fur - "Paro" also makes sounds and moves when someone strokes it. The development took ten years. There are now 5000 robotic seals worldwide - 3000 of them in Japan. But "Paro" costs: 3800 dollars in Japan, in Europe 5000 euros are to be paid per piece.

From Japan to Germany

Even in Germany, Paro has been cuddly companion in geriatric care for more than ten years. The robotic seal is used in occupational therapy and is intended to stimulate dementia patients emotionally. Paro not only reacts to touch, but also to language and light. She then moves her head, blinks her eyes, or howls like a real seal.

Upgrades for your own home

Digitization in nursing also produces technologies other than robots. This baseboard can recognize the fall of a human. According to a survey by the digital association Bitkom, 76 percent of the German respondents believe that they can live independently for a longer time with the help of digitization. Almost two thirds would rather be monitored digitally at home than to go to a nursing home.

Stronger thanks robotic suit

Robots should also help the carers and assist them in carrying the residents - as the "muscle suit" does. It strengthens the nurse's power and makes it easier to raise seniors. This prevents back pain in the staff and patients can feel safer.

Running with robot help

Machines also help seniors to walk again - they provide balance and indicate where to put down their feet. Despite the many advantages, the Japanese government is confident that the robots can not replace humans, but with strength, mobility and surveillance support the caregivers and thus give them more time for other tasks.

Dehumanized care?

In Germany, there are also concerns: About half of those surveyed by Bitkom expressed the fear that nursing could be less people-oriented because of digitization and old people could be isolated. Whether or not an innovation will be successful also depends on people's acceptance. In Japan, broken robot dogs are now buried.

March 27, 2018
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Saxony is located in eastern Germany and occupies a middle place among the federal states with four million inhabitants and an area of ​​18,400 square kilometers. Saxony is not mediocre.
Muskauer Park

Muskauer Park

Saxony's only UNESCO World Heritage Site is the park landscape near Bad Muskau. From 1815 Hermann Fürst von Pückler put on this masterpiece of garden architecture. It extends on the German and the Polish side of the border river Neisse. The Muskauer Park offers extensive meadows, numerous lakes, rivers and bridges as well as the center of the park the New Castle Muskau.

Dresden

Even without a World Heritage title, art and culture make Saxony's provincial capital Dresden a tourist magnet. The Frauenkirche (left) was destroyed at the end of the Second World War and remained a warning ruin for decades. It was not until the fall of the Wall that reconstruction began, using as much original material as possible. Since reopening in 2005, Dresden has lost its landmark.

Elbwiesen

The well-known silhouette with the baroque old town can be seen well from the opposite riverbank. The undeveloped Elbwiesen on large sections, which extend in Dresden over 30 kilometers along the river, especially in summer for walks or a picnic. For culture lovers there are movie nights and concerts in the open air.

Saxon Switzerland

If one follows the Elbe Valley upstream, it is only a few kilometers to the Saxon Switzerland, as the Elbe Sandstone Mountains are also called. The hallmarks of the National Park region are bizarre rock formations that are up to 730 meters high. If you want to climb or hike, this is the place for you.

The cheaper Berlin

Leipzig recently celebrated its millennial existence. However, the city is not old-fashioned. Especially with young people, it is celebrated as the better (and even cheaper) Berlin. In the abandoned cotton mill in the west of Leipzig, for example, many artists have moved into their studios. Also in the numerous pubs and galleries reflects the living and creative of the city.

Leipzig

Founded as a trading and trade fair city, Leipzig's name is closely linked to Johann Sebastian Bach. Although the world-famous composer and organist was not born there, the city is considered his main site. This is remembered by the Bach Archive, the Bach Museum and the annual Bach Festival. In the Thomaskirche, where he ran the St. Thomas Choir from 1723 to 1750, there is also his grave.

Erzgebirge

Hiking in summer, skiing in winter and in two countries. In the Ore Mountains runs the border between Germany and the Czech Republic. On the German side, on the Fichtelberg, lies Oberwiesenthal - with 914 meters the highest town in Germany. A cable car takes visitors up to Fichtelberg.

Meissen porcelain

The city of Meissen is known internationally for its porcelain. In 1708, for the first time in Europe, the noble material was produced here. The symbol of the porcelain manufactory are two crossed swords. Meissen porcelain is today one of the internationally most famous German products.

Görlitz

The easternmost city of Germany was almost spared devastation during the Second World War. That is why Görlitz shines today with 4000 historic buildings from different eras. This also attracts the international film scene: Görlitz was the location for several Hollywood films, such as "Grand Budapest Hotel". Many call the city lovingly Görliwood.

Sorbs

Recognized as a national minority in Germany, the Sorbs are a Slavic people living in Lower Lusatia in Brandenburg and Upper Lusatia in Saxony. The Sorbs are known among other things for their costumes. Mostly, these are only worn on special holidays. Or as here at the annual "International Folklore Festival Lausitz".

March 21, 2018
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A peaceful coexistence with the neighbor is not always easy, especially in Germany. Whether cowbells or garden gnomes: Neighborhood disputes sometimes take absurd dimensions.
Cowbells

Cowbells dispute

Depression and insomnia: For years, a couple in a place near Munich complains about the noise of cows with bells grazing in front of the house. And went to court against the farmer's wife.

Zoff around the dwarf

German garden owners love the colorful journeymen. Some of these porcelain or plastic figures carry a wheelbarrow or hold a lantern. Others are lying on the grass. How many and which of the cute characters the neighbor has to endure, German courts argue over and over again.

Among men

In Bavaria, a man positioned an inflatable sex doll on his terrace so that she looked over to the neighbor. He called outraged the police. After the officers left, the man did not remove the doll - he just turned it toward his own property.

The chainlink fence

The TV show "Judge Barbara Salesch" in 1999 was about a real arbitration case: A woman in Saxony complained about the Knallerbsenstrauch the neighbor (see photo), which damage their chain link fence. TV entertainer Stefan Raab then made a song from the absurd story that became a hit.

With fire against rats

No question: There are different ideas of cleanliness, but must therefore reach for the match right now? In 2017 it became too colorful for the neighbor of a bakery in the eastern German city of Bautzen. The elderly woman spotted rats in the yard. On the other hand, she wanted to do something and set fire to the bakery. Even though it was about more cleanliness, the woman had to go to jail for arson.

border crossing

As banal as the reasons appear, some neighborhood disputes end fatally. In southern Germany, a man shot his neighbor in 2013 after the two row house owners had argued over the property boundary. Every year, the German media report on people killing their neighbors. Sometimes it is about as little things as garden gnomes, cowbells or sex dolls.

February 27, 2018
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Think about a question first: Have you ever spent a lot of time doing something, but the results are not proportional to the time spent?
Today, I shares two short stories with you:

Story 1.

In a company, a supervisor is complaining to the boss: "Why do you spend 2 to 3 times more time than others when you assign a subordinate to do something?"
The boss said to the supervisor: "What do you say when you hand over the matter, say to me once?"
The supervisor said: "I told him to do the details in detail, and then asked him to implement it."
So the boss said: "The next time you hand over the office, you will be sure to give him a deadline to give it a try . The time given can be very tight and does not matter. "
Sure enough, after the deadline, the execution efficiency of the subordinates is 2 to 3 times higher, and even a very tight time is put forward, and the subordinates can find a way to complete it quickly.
The key to their problem is that if there is no time limit, there will always be plenty of time for the progress , so slowly drag, arrange other things forward, or spend time on other chores.
Talk about another story

Story 2.

A few days ago, I talked to a friend who started my own business how to improve my work efficiency.
She summed up her management method over the years:
"I limit myself to working only 3 hours a day."
This sentence is very easy at first glance. It seems that it does not require much work. In fact, the things that should be done have not decreased.
But by giving yourself time constraints, you will force yourself to distinguish the importance of things, analyze the value of each job , focus on important things and priorities, and do things that are not good at outsourcing and can be done through the time of buying others, and finally let higher efficiency.
From the above two examples, you can learn 2 things:
1. "Restriction" will bring "efficiency"
Most people don't like rules or restrictions, and hope that it's best not to be freely controlled by anyone.
But contrary to many people’s perceptions, "restrictions" can actually bring tremendous strength and value.
Whether it's a time limit or a resource limitation, because there are limits, we will be creative and think about ways to improve.
There used to be a Ted speech about how people work when they are procrastinating. The key solution is to add time constraints and force the brain to return to rational operation through restrictions.
I have a focus on finishing a book, read: Learn how delays occur.
2. "No limit" is usually equal to "stop thinking"
When time or resources are not limited, we will never be creative when solving problems, or even waste natural resources at your fingertips.
If a meeting is scheduled within 30 minutes, all participants will focus on the agenda and focus. If there is no limit on the meeting time, the subject will often be diverged and the discussion will have no goals.
If you plan the monthly living expenses, you will think about how to use it more efficiently in terms of expenditure. If you don't plan, you will probably have shopping impulses if you feel that the bank has the money to pay for it.
Many high-level managers, when arranging their own time, will cut the work into meetings for one hour or even half an hour, so that he must force himself to think about how to achieve each goal in a limited time.
I have to add it here,
Many people think that waste is a bad thing, but it is not necessarilyIf it is a waste of cheap resources, but can be exchanged for other precious resources, it is a good thing.
For example, waste cheap power, switch to computer computing power or bright lighting, or waste cheap oil, and switch to fast traffic mobility. Even if it is a waste of time, it is not a bad thing if it is something that is valuable to your life.
On the other hand, if it is simply unrestricted waste, for example, what can be done in 2 hours can be completed in 5 hours, it is just inefficient.
In short, the restriction does not mean that you limit the number of sheets of toilet paper used each time you go to the toilet, nor do you want to turn off the lights to save energy, but to give resources to your goals.
"Restrictions generate power and freedom leads to death." - Da Vinci
"A person who cannot restrain himself cannot be called a free person." - Pythagoras
Finally, I will help you quickly summarize:
1. If you feel that you are not efficient, try to add some restrictions to yourself.
2. Once there is no limit, people will stop thinking
3. Waste is not necessarily a bad thing, the key is whether there is more benefit behind waste.
If you feel that this story is helpful to you, share it with more friends.

January 09, 2018
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