Unique Team Building Ideas To Try

Team building sucks, you might say. But if you do it right, your team building and bonding can be fun, unique and downright hilarious. If you want an excuse to spend time with your team out of the office for a day, here are some of the fun activities you can do.

An escape room

An Escape room is a problem-solving game which involves you being locked in a room for one hour, given a scenario and a bunch of clues and trying to find your way out. You will have to work as a cohesive team for this to work because each small clue will form part of the bigger picture, and you will all need to be on the same page to work out the puzzle. It can be a fun way to put different teams against each other by having two or three teams locked in different rooms to see who makes it out first.

Murder mystery

If you fancy being able to dress up and have a nice meal as you play your team building games, then a murder mystery game can be ideal. You will need to nominate one person to be the narrator, and they will be the only person who knows the identity of the killer. You will all be given a different character to play, and through the game, you’ll have a series of clues to decipher. If you work as a great team, you should be able to identify the murderer in no time!

Guitar Hero

If you remember this old classic, then you will know how competitive it can be when you play against each other on expert level. You can make a tournament with the office and have multiple games against each other until you only have two players remaining. Make it a fun final and have your whole office present to see who the champion ends up being. It can be a fun way to bond and also gives you plenty of things to talk about afterwards.

Office sports day

If you want to spend some time outside and enjoy the sun this summer, it can be the perfect excuse to bring out the games, split everyone into teams and hold an office Olympics of sorts. You can have relay races, space hopper races, obstacle courses and fun forfeits for the losers. The winning team gets a free round at the bar at the end of the day and you can all have something hilarious to look back on.

Scavenger hunt

If you don’t have a big budget to spend on a team building day, you can make it into a scavenger hunt around the office and split your office into teams of two. Sure, the office will be total chaos for a few hours, but it will be fun watching your team scramble to decipher your clues and find the prize. The prize could be a gift card, some chocolates or even a crate of beer.

Investing In Future Job Profitability

The reason that we all head to work with discipline and diligence week in and week out is for some form of recompense. It’s unlikely you work 50 hours a week just for fun, and if you do then hats off to you. However, most of us are looking for job satisfaction and payment as an absolute priority, so this means that finding ways to increase your pay can make your more comfortable in your life. It’s not always apparent that job satisfaction should increase your net pay, but it’s very likely that an increase in pay can improve your job satisfaction.

To increase your job profitability in the future, consider the following:

Weighing Up Options

Sometimes the best alternative to trying to force job profitability is to weigh up your options. It might be that your brand loyalty is blinding you to the fact that you could be doing your work with much more excitement and pay in another firm. It might even be that you won’t be stretched as thinly in a new firm, heightening your work-to-pay ratio ever more in your favor. Consider if you’re the happiest you could be at your firm, and never be afraid to see what the market could offer you. Keeping this open and always possible allows for good opportunities to fall in your lap, and give you the awareness to make use of them.

Investing In Stock

It’s important to invest in stock. You will likely have a decent buy-in price at your own firm. This might allow you to gain a good amount of return in the future, further supporting your pension plan when it comes time to withdraw. However, your place in your career will also help you with awareness into how other firms in your industry are doing. With this researched opinion you can make use of interesting and sensible stock investments, potentially profiting quite well.

Bonuses

Your bonuses are important to consider. It might be that working hard over the winter period or conducting yourself with overtime at targeted points in the year could truly gift you a package of cash to help you make it through the most expensive times. For example, why pay for a vacation with your own pocket when 7 extra hours of overtime a week for a couple of months could pay for it completely? Consider this, you may gain some real use out of it.

Demand Your Worth

If you find that you aren’t being respected in your firm, it could be well worth it to demand to your value. If they fail to accept, this might be a great clue to completely switch up careers. It might be that your skill set could be well used in another career, and it might only take an online MSN qualification to find that out. Demanding your worth does not only mean suggesting that you deserve a certain pay grade but also demanding yourself to never rest, to always try and progress in your career and find the things that make the most sense to you in life.

With these tips, you are much likely to experience more significant income potential.

Why Early 2018 is a Great Time to Buy Silver

Why buy silver in early 2018? That’s the question we intend to answer in this investigation of the precious metal. We believe right now there are some compelling reasons to buy silver. Read on to learn more about our reasons why we consider silver such a good medium-long term buy.

 

Gold to Silver Ratio

An important gauge of the value in silver price is the gold to silver ratio. This is simply the price of gold / price of silver. So, for example in early April 2018 the prices per oz. were:

  • Gold – $1341
  • Silver – $16.62
  • Gold/Silver Ratio ($1341/$16.62) = 80.69

The current gold to silver ratio is therefore just over 80. When you consider that the average gold to silver ratio throughout the 20th century was 47:1 (see graph below) on this factor alone silver seems undervalued. For example, for silver to return to a 47:1 ratio the price of silver would need to rise to $28.53 if gold stayed at $1341. This represents a rise of $11.91 or 72%.

The gold to silver ratio plotted over 100 years from January 1915 – Source: www.macrotrends.net

 

Global demand exceeding global supply

According to figures supplied from The Silver Institute’s World Silver Survey for 2017 the global demand for silver continues to exceed global supply. In 2016 global silver supply was 1007.1 million ounces, whereas global silver demand was 1027.8 million ounces. This represents a deficit of 20.7 million ounces in 2017 alone.

Whilst a one-year deficit doesn’t suggest a trend when you consider the fact that 7 of the last 10 years have seen silver demand exceed silver supply and we definitely do have a trend. Infact over the last 10 years there has been a demand excess of 500 million ounces or an average of 50 million per year. It seems unlikely that silver prices can remain at their current levels when demand exceeds supply each year.

Factors positively stimulating demand for silver include the photovoltaic industry (an energy which converts sunlight directly into electricity). Silver is used in both solar panels and solar cells, industries which are set for future explosive growth. The Silver Institute projects that photovoltaic demand for silver will rise 75% between 2015 to 2018. Gartner the research company estimates that 5.75 billion cells phones will be sold between 2017 and 2019, these will require 57.5 million ounces of silver.

Silver is an integral element used in every solar panel installed worldwide

 

According to a different report by the Silver Institute, when referring to silver mines production, “We estimate that mine supply peaked in 2015 and will trend lower in the foreseeable future. Declining total supply is expected to be a key driver of annual deficits in

the silver market going forward.” Therefore, moving into the future silver production is likely to decline further and create even stronger prices for silver.

10  other reasons to own silver

If all of the above isn’t enough for you here are 10 other reasons to invest in silver:

  • Affordable – trading currently at only $17 per oz it’s easy to buy and sell even small amounts of silver. It’s much easier than gold for example, which currently sells at $1341 per oz. If you wanted to buy/sell $500 of silver or gold – it’s much easier with silver!
  • Balanced portfolio / spread risk – silver and precious metals (gold, platinum, etc.) in general should feature in any balanced investment portfolio. They are low-risk, highly liquid and whilst offering no yield, history would suggest offer medium-long term capital gain opportunities
  • Collectable – silver in its coin form can be very interesting and collectable. Buying coins from your own country may have certain advantages too. Silver coins from around the world such as the American Eagle, Silver Britannia and Silver Krugerrand are literally worth their weight in silver plus a collector’s premium. A coin collection is an ideal way to create a family heirloom to transfer wealth across the generations

Silver coins are highly collectable and add some fun to silver investment

 

  • Geopolitical pressures and concerns – Whenever tensions arise around the world investors flock to precious metals. With tensions with Trump’s administration, Putin’s Russia and North Korea the time seems right to have a proportion of wealth in a safe haven such as silver. If a global/regional war broke out, silver values would hold well.
  • Inflationary hedgeanalysis by BMG Group, showed that for every 1% rise in inflation, silver rose 2% over a 46-year period to 2013. That is a very good inflationary hedge and certainly better than keeping your wealth in a low interest bank account with no chance of a capital gain!
  • Liquid asset – silver like all precious metals is a liquid asset. In times of need the owner can quickly sell for a known published silver spot price. Silver is more liquid than certain other assets e.g. property and owning a business, which both take time to sell
  • No counterparty risk – silver is not like other asset classes which require performance by third parties, e.g. stocks/shares, ETFs, etc. Silver in its physical form has no counterparty risk
  • Real money / currency – silver for thousands of years has been used as a currency. In the event of a financial systems collapse, those owning silver will be protected
  • Tactile – silver is a tangible asset that can be touched, many investors like this. Digital assets can potentially be stolen through cyber-crime and are generally less trusted
  • Tax efficiency – depending on the taxation policies of a country investing in silver can have certain tax advantages. Silver coins are often classed as legal tender in their country of origin so avoid certain taxes. Silver ownership can also be beneficial in areas such as inheritance planning, etc.

For more information, UK based gold and silver dealers Physical Gold have created an infographic titled The Benefits of Silver which provides  lots of useful information on the value of silver and reasons to invest in this precious metal.

Conclusions

For the reasons we have said why not add some silver to your investment portfolio now? Whether you buy bars or coins doesn’t really matter, but adding some silver is likely to reap very positive medium-long term gains. Silver is also a useful way of adding some diversity to an investment portfolio