Oceans Group Investments

Oceans Group Investments Oceans Group Investments is about creating a sustainable lifestyle for generations.

We are building connections and wealth as we focus on creating a strategic plan to help you have the peace of mind you need.

12/06/2021

when we all give a little the smiles keep growing. 😊

10/19/2021

Currently seeking help with graphical work for taking concept rendering to final draft.

10/12/2021

Building a better future one brick at a time

Cryptocurrency is a type of virtual currency that is a digital representation of value that functions as a medium of exc...
10/04/2021

Cryptocurrency is a type of virtual currency that is a digital representation of value that functions as a medium of exchange, a unit of account, and/or a store of value. Cryptocurrency utilizes cryptography to validate and secure transactions that are digitally recorded on a distributed ledger, such as a blockchain.
Cryptocurrency is a relatively new innovation that requires guidelines on taxation. Therefore, the Canadian Senate reviewed the problem of taxation on cryptocurrency in 2014 and recommended action to help Canadians understand how to comply with their taxes fulfilled by CRA.
The CRA generally refers cryptocurrency to a commodity for purposes of the Income Tax Act. Any income from transactions involving cryptocurrency is generally treated as business income or as a capital gain, depending on the circumstances. Similarly, if earnings qualify as business income or as a capital gain then any losses are treated as business losses or capital losses.
Taxpayers have to establish if a cryptocurrency activity results in income or capital because this affects the way the revenue is treated for income tax purposes. Not all taxpayers who buy and sell cryptocurrency are carrying on business activity. When you use cryptocurrency to pay for goods or services, the CRA treats it as a barter transaction for income tax purposes. A barter transaction occurs when two parties exchange goods or services and carry out that exchange without using legal currency.
To understand the value of a cryptocurrency transaction where a direct value cannot be determined, you must use a reasonable method. Keep records to show how you figured out the value. Basically, the CRA’s position is that the fair market value is the highest price, expressed in dollars that a willing buyer and a willing seller who are both knowledgeable, informed and prudent, and who are acting independently of each other, would agree to in an open and unrestricted market. For example, you could choose an exchange rate taken from the same exchange broker you are using or an average of midday values from a number of high-volume exchange brokers. Anyways, the method you have chosen you must use consistently. In case you use different types of cryptocurrencies, it is considered a separate digital asset and must be valued separately. For instance, Bitcoin is valued differently from Litecoin.

The definitions of knowledge types The three main types of knowledge that definitely need to be learned are explicit (do...
09/18/2021

The definitions of knowledge types

The three main types of knowledge that definitely need to be learned are explicit (documented information), implicit (applied information), and tacit (understood information). These various types of knowledge shape the way we communicate, learn and teach each other.

Explicit knowledge is the most fundamental form of knowledge. It is easy to share, because it is written down and approachable. When information is processed, organized, structured and explained, the outcome of these processes is explicit knowledge. It is easy to express, to record, to communicate and to store. For instance, your office is a best example of explicit knowledge. Your company research reports, data sheets, white papers are all explicit company knowledge.

Implicit knowledge is an application of explicit knowledge in practice. Remember your first day at work, when you asked your colleague how to perform a task, as well as the probable results, leading to a contemplative process to determine the best way to act. It is that company employee’s implicit knowledge that educates the conversation of how to do something and what could happen. Moreover, best practices and skills that are transferable from place to place are examples of implicit knowledge.

Tacit knowledge is the one that we possess from our personal background and context. It is the information which is the most difficult to record, articulate or present in perceptible form. As an example, think of your favorite recipe, which you tried to cook a lot of times, changed some ingredients and species and after years of experience you know the exact feel of dough or the exact time of something to be prepared in the oven. It is not something you can write down, but you can feel it. In the workplace, tacit knowledge is the application of implicit knowledge that’s specific to your company.

No matter how a company knowledge is defined it all plays a crucial role in the daily operation of running an organization. Though, in order to develop a successful knowledge sharing , you have to understand how diverse types of is intertwined and most effectively stored.

09/15/2021

There are lots of points that can affect your in many ways. . Let us take it at a towards a better .
https://fb.watch/814nfHW7L2/

09/11/2021

Building wealth is easier if you take it one step at a time. Here are three simple steps to building wealth.

Every second of every minute we grow, things grow, ever changing ever moving, ascending, and descending, a cycle that bu...
09/05/2021

Every second of every minute we grow, things grow, ever changing ever moving, ascending, and descending, a cycle that builds, connects, and divides. This is Growth – so wonderful! OGI (Oceans Group Investment), wants you to share your growth story


Unsplash / grundsteins,serejaris ,erol ,seanpaulkinnear

09/04/2021

What is the difference between personal and shared knowledge?Personal knowledge is the knowledge that we possess as indi...
09/01/2021

What is the difference between personal and shared knowledge?
Personal knowledge is the knowledge that we possess as individuals and shared knowledge is the knowledge that we possess as a group, community or society.

The difference is best captured by the example below which compares the knowledge that a number of different individuals might have about, for example, birds.
The first person knows very little about birds, because she acquired her knowledge by seeing birds in her garden. In contrast, the second person is the professional ornithologist knows much more of the available knowledge about the butterflies. Her knowledge of butterflies no more personal, but rather shared, because it was formed under experimental conditions, often carried out in teams and, furthermore, the vast majority of this experience been turned into scientific knowledge that has been shared with the rest of her knowledge community in published journals.

The third person, is the student studying ornithology, thus she is somewhere in between the two – he knows more than the first person because she studies the subject and, as we would expect, some of her shared knowledge overlaps with that of her professor. Obviously, however, the overlap between the personal and the shared knowledge will vary depending on the individual in question, the community that this knowledge is to be shared with and the topic.

Frequently the vast majority of our knowledge is neither personal nor individual, it’s actually shared with the rest of our knowledge community. Too often we take the easy way out of a debate and say that what is ‘true’ for you might not be ‘true’ for me and that we can both have our own ‘truths’ and that’s all right. However, that’s clearly an over-simplification because there are many situations where that kind of compromise doesn’t work – even in subjective areas like the arts it seems that there can be interpretations that are more convincing and thus ‘better’. Moreover, very few people would seriously argue in ethics that cold blooded murder is fine. Therefore, there are good reasons to believe that a lot of our knowledge, even in subjects like these, is shared.

Knowledge connects us all whether it be personal throw observation or learned first-hand or shared through a variety of mediums. So, let us keep learning and building connections.

-chung

08/30/2021

Why you should spend wisely on that mortgage-rate free lunch. Strategies for buyers and owners

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