IoT — or the Internet of Things — is definitely here to stay. It may seem slow in the moment, but IoT has rapidly taken over our homes, schools, healthcare and workplaces. And over the next few years, there definitely will be more improvements.
Many people like myself ask, should I invest in IoT products? It seems like they're always coming out with new ideas and innovations everyday that any product I do buy will be outdated in a couple months.
Even if this is true, IoT is continuously building on itself — take the smartphone for example. Even though most of the world has smartphones now, people were hesitant to buy it at first. Now, it's the basis for connected devices — you can control your house lights, garage, pet feeders and more with your smartphone.
If you're still hesitant, here are other reasons why you should invest in IoT devices.
If you're a student
Students are the future of IoT products — Generation Z kids were the first to actually grow up always having modern technology. Whether you're a college student, stuck in high school or teaching as an educator, IoT devices can help you.
Take your dorm for instance — items like smart plugs and home cameras allow you to control what happens in your room from anywhere. In everyday life, connecting tablets and laptops to your school's network can help keep you updated too.
If you love to travel
Traveling gadgets have been prevalent since basically forever — however, we're now moving away from neck pillows and ear plugs. Get your hands on smart devices like the portable scanners — for the workaholic — smart suitcases and dual SIM smartphones for the ultimate relaxing vacation.
Take a beach vacation for example — relax by the water with a waterproof reader or play ball in the water with a connected speaker.
If you're into fashion
Although this portion of IoT hasn't been thoroughly researched yet, there have been some pretty big improvements. Take the Anrealage Monte Z shoes — with a smartphone and AR, you can put designs onto your sneakers.
Some brands even let you virtually try on their clothing while others are working on wearable tech and multi-functioning connected accessories.
If you have pets
Yes, IoT devices can even help your pets — in this case, mostly cats and dogs. With products such as smart dog collars and trackers, you won't ever lose your dog again. Smart feeders and pet players can also take care of your pet when you're away — with a tap of your smartphone.
If you own a home
Obviously, smart homes are all the craze now — why get up and do something when you can be efficient and have it automated?
Your kitchen for example — smart refrigerators can help you keep track of your food or automatically reorder groceries while smart forks, cookers and coffee makers make your life easier with scheduling and automatic services.
If you have a car
Cars are the next big step in IoT development — even though we have a few self-driving and connected cars on the road, we still haven't even fully switched over to electric yet. Funding and supporting research in this emerging market will help us convert faster.
As you're reading this article, researchers and professionals are making and testing automated and connected vehicles in a fake Michigan city called Mcity. Even though there are limited options on the market right now — especially affordable ones — more are soon to come.
After all these uses, I'd say investing in IoT products is a pretty good decision. Even though you don't particularly care about the movement, getting left behind could be pretty inconvenience in both your professional and personal life.
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- 20 Crazy Connected IoT Products At CES 2017 - Page: 1 | CRN ›
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- Capital OneVoice: 8 Internet Of Things Products Making Life Safer ›
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- Thingsberry - List of Internet of things (Iot) Products. ›
- Internet of Things Devices, Applications & Examples - Business Insider ›
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- Internet of Things Product Selector | DigiKey Electronics ›
Airbnb offers an affordable option for people looking to be more comfortable as they travel.
However, there are downsides to staying in a host's home rather than a hotel. Whereas hotels are designed for constant streams of visitors and often have furniture built to last, at an Airbnb, you may be staying on old or cheap furniture that a host is using in order to maximize their profits.
And while most reputable hotels will have regular room inspections from staff to check for any wear and tear, Airbnb damage disputes are oftentimes he said, she said situations. If you are in an Airbnb and something breaks, there are a few steps you should take in order to ensure that you are not on the hook for damages out of your control.
If you're keeping tabs on the art and tech worlds, you've probably been hearing whispers about "NFTs" for the past month. Just over the past week they've entered the mainstream lexicon.
Twitter founder Jack Dorsey made the news for selling his first ever tweet. The app has been teasing paid subscription models and newsletter-like features, but tweets for sale is "the next frontier."
just setting up my twttr— jack (@jack)1142974214.0
The 2006 tweet went up for auction as an NFT, and the current bid is $2.5 Million. But what does it mean to own that? Why would anyone want to? And what even is an NFT?
Long gone are the days when the majority of Americans dreamed about owning a home with a white picket fence.
The traditional American Dream may be on its deathbed, but that doesn't mean a core component of the vision can't survive. It simply takes a diverse perspective. People can still believe they can attain their own vision of success in society with hard work, knowledge, and risk-taking. Investing in today's American Dream may literally mean investing money in our modern economy, starting with our infrastructure.
Real estate investing in particular is a lucrative method that can boost income and secure a better financial future for many. There's always risk involved, but the payoffs can far outweigh the uncertainty. Selecting solid financial investments is about confidence and competence. If you're looking for some advice on this kind of investment, here are a few savvy tips for new real estate investors.
Stick To a Specific Strategy or Niche
Real estate is a challenging sphere of the business world, one that requires several key skills: groundwork knowledge, networking, perseverance, and organization. True knowledge of the real estate market will come with time and experience, but it's a smart idea to select one area of the market and stick to it. This is the best way to attain in-depth familiarity with your specific niche.
First, choose a geographical area close by and then a niche strategy within it, such as house flips, rental rehabs, or residential or commercial properties. By doing so, you can become aware of current inner working conditions in the market and you'll have a better idea of how these trends may change in the future.
Be Vigilant About Viable Financing Options
While it takes money to make money, you don't have to use all your own money. A common misconception about real estate investing is that you must be wealthy to start off. This isn't straight fact, however. A majority of people can test the waters of real estate investing without a lot of initial cash in their pocket.
Aside from traditional financing options from banks and institutions, private lending options can be worthy solutions. Hard money lenders are popular, reasonable choices, and they tend to have fewer qualification requirements upfront. However, be sure to strategically choose a hard money lender to find the best possible fit.
Master the Art of Finding Good Deals
There may be hundreds of thousands of available properties for sale on the current market, but the bulk of them will never amount to the final money-making result you desire. Another great tip for new real estate investors is to use good math to estimate profit. Taking risks is part of the process, but you have the ability to analyze properties and use networking sources to find the greatest deal. You can't win every deal, but you can steadily work towards a thriving financial future.