continuous improvement

…to close unchanged at 1,257.

Happy New Year,

Kaizen Wealth Management

Original online article here.

Source:  The Economist

The World Giving Index quantifies the extent to which people in a country “give” to others. The index is based on the average of answers to a three-question survey, which is administered to over 150,000 people in 153 countries. These participants are asked whether, in the past month, they have donated money to a charity, volunteered their time to an organization, or helped a stranger. As shown in this week’s chart, despite European debt woes and broad political and economic turmoil, individual acts of generosity continue to increase. Thus, as we approach a new year, let’s hope this survey serves as an important reminder of some of the good being done in the world.

Source:  Charities Aid Foundation, J.P. Morgan Asset Management

Last week:

In 1984, the 5 golden rings (of Christmas) would have cost $325; how much would they have cost in 2011?

Answer:

The 5 golden rings would have cost $645 in 2011.

Next week:

As of Friday, the yield on Italian 10-year government bonds was 6.85%.  Where were these yields at the end of 2010?

Source:  PNC, J.P. Morgan Asset Management

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Charleston, SC