zen habits: How to Simplify When You Love Your Stuff

Here are some thoughts that might be useful.

1. Look around your house now.

Walk from room to room. Do you see things that you never use and don’t really care about? Why not give them away or sell them? Clear physical and psychic space by removing the “dead wood” in your environment. Someone else might really need these things.

2. Examine why you are hanging on to something.

Is it truly useful or meaningful, or does it feed your ego in some way? Are you holding on to it just to impress others or to make yourself feel better or more important?

3. Look at how you spend your time.

Do you have things you own for hobbies that you never pursue? Do you have a kitchen full of gadgets but you rarely cook? If you truly think you will come back to a hobby or activity, box things up and put them out of sight until you do. Be realistic about how much time you have to use your extraneous stuff.

4. Are you in a career that is thing-focused?

Decorators, car dealers, retailers and others involved in creating, buying, selling and marketing merchandise, can have a hard time detaching from material things because they are always surrounded by the newest and best. There is beauty and art in many things, but consider this: you don’t have to own them all to appreciate them. Eckhart Tolle once suggested to Oprah Winfrey that she not buy everything she likes or wants — just savor it for the moment in the store.

5. Consider experiences rather than things.

On the whole, experiential purchases provide far more pleasure than material purchases. The memory of experiences improves with time, but material purchases are harder to think about abstractly. Experiences also encourage social relationships which provide long-lasting happiness. If you are itching to spend, spend on a great experience with someone you enjoy.

6. When you think about your things or want to purchase something new, consider these parameters:

* It brings beauty into your life and stirs your soul.
* It supports a passion or hobby.
* It helps bring family and friends together in a creative, meaningful way.
* It educates and enlightens.
* It makes life profoundly simpler so that you can pursue more meaningful things.
* It helps someone who is sick or incapacitated.
* It is useful and necessary for day-to-day life.
* It’s part of a meaningful tradition or a reminder of a special event.

7. You will know you are buying mindlessly if you:

* Buy on a whim.
* Buy to impress others.
* Buy because you feel you deserve it.
* Buy when you can’t afford it.
* Buy just to update something that still works or looks fine.
* Buy because someone else has it and you want it too.
* Buy because the advertisement seduced you.
* Buy because you are bored.
* It’s purchased because buying soothes you.

Source: http://liveboldandbloom.com/

Get the basics right – it makes a big difference

You don’t have to buy bespoke shoes or bespoke suits to look great. And the improvements you make on basic off-the-peg will make the biggest change to how you look.

So here are my tips for the man that wants to take it up a notch:

– Switch to made-to-measure suits. Save bespoke for when you make partner. Just find a great made-to-measure suit maker. The improvement on ready-to-wear is marked.

– Look after that suit. Hang it up at the end of the day, wear it no more than twice a week, brush it down occasionally and only dry clean it twice a year. Steam press it in between if it gets wrinkled.

– Buy benchmade shoes. As much as they may be disparaged on this and other style sites, good benchmade shoes from Loake, Cheaney or Grenson are a big jump up from the basic, glued, curly-toed, slip-on ones you bought in Shelly’s.

– Look after those shoes. Put shoe trees in after you’ve worn them, brush them down at the end of every day and don’t wear them two days in a row. They’ll look good and last three times as long.

– Buy expensive ties in conservative patterns and colours. In my opinion, expense shows off best in ties and in shoes. So spend more than you think you should on ties from the great tie makers. Not Armani, not Prada; but Hermes, Charvet, Bulgari. Wait until the end of the Ralph Lauren sale, when all the ties are reduced to £25, and pick on a Purple Label one reduced from £95. They just hang better.

– If you wear a pocket handkerchief, don’t scrimp there either. Wearing one is a signal that you think about your clothes and are willing to be noticed for it. Buy good quality white linen to start with. Then some dark colours – burgundy, forest green – and a pale blue, all in conservative patterns.

– Finally, match your socks to your trousers. Buy grey socks and blue socks. Not black. And make sure they are full-calf length.

Follow all of these rules and you will not extend your budget or your wardrobe dramatically. But you will be a hell of a lot better dressed.

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8 roads with worst air

SCM_News_air23.IMG

SCMP Jun 23, 2010

Researchers have singled out eight urban roads – most of which are not monitored by the government’s air-quality network – as Hong Kong’s most polluted thoroughfares.

The roads have nitrogen dioxide readings of up to 300 micrograms per cubic metre of air, categorised as “very high” on the government scale.

Professors from the University of Science and Technology, in a study sponsored by the Jockey Club and supported by the think tank Civic Exchange, also found the eight roads far dirtier than two highways with far more traffic but better ventilation.

The information – released as the Environmental Protection Department is due to report progress of a review of air quality objectives to lawmakers on Monday – was collected with a mobile system the researchers and think tank said should be added to the network of fixed sites.

Using a specially equipped van, the team travelled through busy roads of all 18 districts from September last year to April. It spent four days on each district and measured each chosen road at least eight times, during and outside rush hours, to get an average.

They found high roadside pollution levels were not restricted to Central, Mong Kok and Causeway Bay, which the department monitors with fixed stations, but also existed in Kwun Tong, Hung Hom, Wan Chai, Kwai Chung and Eastern district.

Concentrations of nitrogen dioxide exceeded 300 on King’s Road and Ma Tau Wai Road, which are not officially monitored, as well as Hennessy Road, Des Voeux Road Central and Nathan Road, parts of which are covered by the department’s network.

And although Gloucester Road, Kwun Tong Road and Container Port Road South fared better, levels all exceeded 200, the more stringent target used by the World Health Organisation. All eight roads were more polluted than the more heavily used but better ventilated Tolo Highway and Kwun Tong Bypass.

The mobile monitor also found air quality varied dramatically within short distances, said Chan Chak-keung, director of the Institute for the Environment at the University of Science and Technology, who led the research. For example, the pollutant’s level on Gloucester and Hennessy roads dropped from over 300 to 75 as they reached Victoria Park.

“Although it doesn’t carry the heaviest traffic, the many high-rise buildings, buses, bus stops and traffic lights along Hennessy Road trap pollutants, making the corridor the dirtiest of all,” Chan said. “More bus stops along the road means convenience, but there is a trade-off between air quality and convenience. We should look into the health risks.”

As the van measured air at a height of 3.5 metres, “what we actually breathe in should be even worse”, he said.

In the case of Container Port Road South, sulphur dioxide emissions from container ships at the Kwai Chung port were spread by southwesterly winds to the more uphill and less busy Lai King Hill Road during one-third of the measured time.

He urged the government to exercise more traffic control on busy routes, create more urban open space and control marine emissions by requiring ships to use cleaner fuel.

Erica Chan Fong-ying, of the Clean Air Network, said the study showed the three low-emission zones a government consultant proposed last year for Central, Causeway Bay and Mong Kok were too small. The Central zone missed Bonham Road and Garden Road, and the Mong Kok zone did not cover Yau Ma Tei and Jordan – places with schools, hospitals and health rehabilitation centres, where children and patients were concentrated, Chan said.

Civic Exchange chief executive Christine Loh Kung-wai said the government should add the mobile monitor to its fixed-point network.

The department said it would examine the team’s data carefully. The siting of its roadside stations was in line with international practice, it said, and its measurements could not be compared with the team’s because of different methodologies.

More Ayn Rand

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“In the name of the best within you, do not sacrifice this world to those who are its worst. In the name of the values that keep you alive, do not let your vision of man be distorted by the ugly, the cowardly, the mindless in those who have never achieved his title.

Do not lose your knowledge that man’s proper estate is an upright posture, an intransigent mind and a step that travels unlimited roads. Do not let your fire go out, spark by irreplaceable spark, in the hopeless swamps of the approximate, the not-quite, the not-yet, the not-at-all. Do not let the hero in your soul perish, in lonely frustration for the life you deserved, but have never been able to reach.

Check your road and the nature of your battle. The world you desired can be won, it exists, it is real, it is possible, it is yours.”

~ Part Three / Chapter 7 This is John Galt Speaking

Choosing Men’s Suits – A Focus on Color

Most men choose a suit’s color based off of two factors. 1) The salesman says the color looks good and 2) it looks like a suit he has purchased in the past. The problem here is that most men do not know what colors compliment their complexion and instead of choosing a color that enhances their looks, they choose a color that simply fits in. The result is a closet full of suits made from the wrong fabric.

The purpose of this article is to open your eyes to the world of men’s suit colors and encourage you to choose a fabric that compliments your individual style.

The Triad: Navy Blue, Black and Charcoal Gray

These three colors dominate the men’s suit industry, and for good reason. Most men are complimented by one or more of these dark colors. Dark suits have the ability to seamlessly transition from business to pleasure, in addition to a slimming effect of the silhouette. Let us talk about each color quickly

Navy Blue

Navy blues strength lies in its sheer dominance. Most men own at least one, and if you have ever walked into a business meeting you can be sure more than half the men will be clad in one. But this is its chief weakness; how can you stand out when 90% of your body looks exactly the same as over 50% of the room. We tend to forget that our clothing sends off strong signals, and if you want to be anything but average you want to present yourself as such, not always try to blend in. In addition, those with a very light complexion need to pair navy blue with rich colored shirts; a white or ice blue shirt will drain the color right from their face. Finally, young men are advised to avoid this color as that it has a habit of accentuating youth.


Navy Blue suit made by WW Chan, Hong Kong


Black

A more difficult color to wear, it is perceived by many as the choice for funerals and weddings. No argument there; however, it is so much more for the man with the right complexion. No other color has such a slimming effect, and depending on the dress shirt it can go from regular office wear to drinks with friends at the hippest clubs in Asia. The key to wearing black is being a high contrast individual (which as most Asians are) is a man with dark hair with light to medium colored skin. The effect is a properly framed face to where all the attention is drawn.


Black suit by Kilgour, London

Charcoal Gray

Charcoal gray suits projects an image of authority, stability, and professionalism. It is an excellent choice for a first suit, especially for young men as that it does accentuate youth (unlike Navy Blue). Although clearly lighter than black or navy blue when placed side by side, it nonetheless is just as acceptable at all business functions and interview situations. Possibly the most versatile color, it looks good with almost any colored shirt imaginable.


Charcoal grey suit made by A Man Hing Cheong, Hong Kong

Colors more men should consider.

Brown

Brown ranges from a light through a deep chocolate hue. Many men look their best in earth-tones, making the brown suit an important part of their wardrobe; it is also a popular color for causal options including tweed suits and sports jackets. One caveat: until the early 1980s, brown was not considered a color for business (we can thank Ronald Reagan for their return). While the times have changed there are still some members of the old guard who continue to hold to the old rule that brown does not belong in town. This should not dissuade the well-dressed gentleman from wearing brown with confidence, but it is important to be aware.

Tan

The navy suit for warm weather, tan is an excellent choice. Less flashy than white, it none the less commands attention and can set you apart from the crowd while keeping you cool. If you live in a cold weather city, a tan suit is ideal for spring and summer while in a warmer climate it is appropriate year round. The tan suit pairs well with white, light blue, or any pale pastel shirt. Best of all, this gives you the chance to really make your dark ties stand out.

Taupe

A color that falls between gray and brown, taupe is a great choice for the man who has a couple of the basic colored suits in his wardrobe and is looking for a color out of the ordinary that still maintains a professional appearance. Great for use year round, the taupe suit is a little less dressy than a charcoal suit but more likely to draw compliments because of it’s ability to compliment a man’s finer features.

Light Grey

A great spring and summer color that doesn’t draw attention to the wearer but instead signals a suave persona confident in his own skin, light grey is an excellent choice for any complexion. Live in a warmer climate? Then light grey is appropriate year round. The light grey suit pairs well with white, light blue, and almost any pale colored shirt, although if you are light complected you may want to go with a bolder hue.

White

The classic color of summer. You don’t have to be Tom Wolfe to stay cool and look great. White compliments all but the lightest complexions, and even then the right shirt choice can remedy that situation. The key to wearing a white suit is confidence, especially in Hong Kong where a suit in this color is hard to come by.

TED Spread

The TED spread is the difference between the interest rates on interbank loans and short-term U.S. government debt (“T-bills”). TED is an acronym formed from T-Bill and ED, the ticker symbol for the Eurodollar futures contract.

Initially, the TED spread was the difference between the interest rates for three-month U.S. Treasuries contracts and the three-month Eurodollars contract as represented by the London Interbank Offered Rate (LIBOR). However, since the Chicago Mercantile Exchange dropped T-bill futures, the TED spread is now calculated as the difference between the three-month T-bill interest rate and three-month LIBOR.

The size of the spread is usually denominated in basis points (bps). For example, if the T-bill rate is 5.10% and ED trades at 5.50%, the TED spread is 40 bps. The TED spread fluctuates over time, but historically has often remained within the range of 10 and 50 bps (0.1% and 0.5%), until 2007. A rising TED spread often presages a downturn in the U.S. stock market, as it indicates that liquidity is being withdrawn.

Indicator

The TED spread is an indicator of perceived credit risk in the general economy. This is because T-bills are considered risk-free while LIBOR reflects the credit risk of lending to commercial banks. When the TED spread increases, that is a sign that lenders believe the risk of default on interbank loans (also known as counterparty risk) is increasing. Interbank lenders therefore demand a higher rate of interest, or accept lower returns on safe investments such as T-bills. When the risk of bank defaults is considered to be decreasing, the TED spread decreases.

Historical Levels

The long term average of the TED has been 30 basis points with a maximum of 50 bps.

During 2007, the subprime mortgage crisis ballooned the TED spread to a region of 150-200 bps. On September 17, 2008, the TED spread exceeded 300 bps, breaking the previous record set after the Black Monday crash of 1987. Some higher readings for the spread were due to inability to obtain accurate LIBOR rates in the absence of a liquid unsecured lending market. On October 10, 2008, the TED spread reached another new high of 465 basis points.

Another yoga firm crashes owing customers thousands

Planet Yoga second such company to fold in two months
Tanna Chong and Amy Nip
SCMP May 15, 2010

A yoga chain with three outlets and 13,000 members closed suddenly yesterday – the second such closure in two months – owing customers tens of thousands of dollars in prepaid fees.

For many customers, Planet Yoga’s closure was a double blow after they had joined it at a discounted rate following the closure of Yoga Yoga International in March.

Notices posted outside seven-year-old Planet Yoga’s branch in Central yesterday said it had folded because it was short of cash.

It said banks had withheld revenue of more than HK$5 million since September last year, and there was no timetable for the release of the cash, so it had gone into liquidation.

An industry leader predicted that at least two other yoga chains, of about eight remaining, would close this year because of stagnant demand and fierce price competition.

Yim Yuk-yip, who said she lost more than HK$10,000 when Yoga Yoga closed and more with the latest closure, said she wouldn’t join another yoga school. “If you suffered a loss twice, would you want it a third time?” she said. Another woman, who said she had been a member of Yoga Yoga and Planet Yoga, lost HK$10,000 and HK$12,000 respectively in the two closures.

Other customers complained that they had been lured into renewing contracts before they were due through what they said were unscrupulous sales methods.

One said she was asked to sign a second contract five months after the first. “The staff withheld my membership card after I attended a class,” she said. “Then they pestered me from 7pm to almost midnight, until I paid for the second contract.”

But when she looked into the contract details she found it included an extra pre-payment which staff had not mentioned.

“I went to the centre the next day and asked to cancel my purchase but they refused,” she said. She paid more than HK$30,000.

Another woman who said she had signed a two-year contract two months ago, said there had been no warning of the closure.

“I said [to a consultant] that I was worried about sudden closure of the school. But he assured me that the centre had just renewed its tenancy,” she said. She had paid HK$60,000 but had attended only three classes.

Democrat lawmaker Lee Wing-tat said he had been approached by 60 members for assistance and had laid fraud complaints with police for a further seven.

A spokeswoman for the provisional liquidator said refund terms would not be available until the first creditor meeting on May 31. Asked if every member would get back their deposits, she said: “The situation is special and it depends on different cases.”

The Consumer Council received more than 100 inquiries about Planet Yoga yesterday, council chief executive Connie Lau Yin-hing said.

The number of complaints about yoga centres had increased from 188 in 2009 to 199 in the first five months this year, including 12 about Planet Yoga, she said. “When the company closes down, the chance for a student to get a refund is very slim or none at all,” she said. Nevertheless, members could try contacting the liquidator.

Those who had prepaid using credit cards should file a written request to card companies to stop the transactions. Copies of credit card bills and contracts should be included for reference. Consumers should avoid prepayments and opt for companies which offered monthly payments, she said.

Fong Fai, president of the Yoga Association of Hong Kong, said the market had been difficult for two years and predicted two more centres would close this year.

“There was a growing demand after Sars but it has decreased since late 2007. The number of service providers kept going up so malicious price competition emerged,” he said.

Yoga schools relied on one-off payments of new members but new recruitment at some centres had been halved, he said.

The Trade Description Ordinance, which regulates the sale of products, does not cover services.

An evaluation of consumer protection laws was near completion, a Commerce and Economic Development Bureau spokeswoman said. The department was addressing the issue of unscrupulous sales practices, including companies which accept prepayment with no ability or intention of offering services.

Thirty-three Planet Yoga employees sought help from the Labour Department yesterday.

Ayn Rand

“The world you desired can be won, it exists, it is real, it is possible, it is yours. But to win it requires total dedication and a total break with the world of your past, with the doctrine that man is a sacrificial animal who exists for the pleasure of others. Fight for the value of your person. Fight for the virtue of your pride. Fight for the essence, which is man, for his sovereign rational mind. Fight with the radiant certainty and the absolute rectitude of knowing that yours is the morality of life and yours is the battle for any achievement, any value, any grandeur, any goodness, any joy that has ever existed on this earth.”

~ Ayn Rand’s last public speech (New Orleans Nov 1981)

The Half Dipper

“If you go to Japan and visit Eiheiji monastery, just before you enter you will see a small bridge called Hanshaku-kyo, which means ‘half-dipper bridge’. Whenever Dogen-zenji dipped water from the river, he used only half a dipper, returning the rest to the river again, without throwing it away. That is why we call the bridge Hanshaku-kyo, ‘half-dipper bridge’. It may be difficult to understand why Dogen returned half of the water he dipped to the river. When we feel the beauty of the river, we intuitively do it in Dogen’s way. It is in our nature to do so. But if your true nature is covered by ideas of economy or efficiency, Dogen’s way makes no sense.

Zen Mind, Beginner’s Mind
Shunryu Suzuki