Harry Newton's In Search of The Perfect Investment
Newton's In Search Of The Perfect Investment. Technology Investor.
8:30 AM EST, Thursday, April 5: This
is a no brainer. Buy Australian index funds NOW. The easiest to buy is EWA --
the MSCI Australia Index Fund, which tracks companies trading on the Australian
stockmarket. It's traded on AMEX. It keeps going up. It will rise more before
June 30, 2007, the end of Australia's financial year.
Because of a election year giveaway, Australians
have a one-time opportunity to dump $1 million tax-free into their super funds.
Right now, every Australian and his uncle is scrambling to dump in money. Most
of the money will end up in the Australian stockmarket which will continue to
you don't believe me, here's a piece from today's Sydney Morning Herald,
one of the leading newspapers in Sydney, Australia's largest city:
super becoming more popular
super funds are becoming more popular as people sell assets such as property
to take advantage of changes to contribution rules before the mid-year deadline.
Applications to the Australian Taxation Office for self-managed superannuation
funds (SMSFs) have risen by 30 per cent so far this financial year.
in self-managed funds highlights changes in superannuation laws that allow
for one-off contributions of up to $1 million before July 1.
the new super regulations were announced last year, we have noticed an increase
in the number of enquiries from the public about SMSFs, said consultancy Super
Concepts' sales and marketing manager, Justin Sadler.
property owners are rushing to sell their holdings to meet the deadline, others
are looking at so-called inspecie contributions -- where shares or commercial
property are transferred into super funds. ...
are disposing of their properties and other assets or utilising inspecie transfers,
so they can take advantage of the current superannuation tax arrangements
before they expire on July 1," Mr. Sadler said.
Under the new
super regulations, the tax-free threshold will revert to $150,000 from July
1 Individuals will be limited to investments totalling $150,000 a year or
a maximum of $450,000 within a three-year period. In addition, income received
from a superannuation fund will be tax-free once an individual reaches the
age of 60.
uranium rising? If you think uranium will continue
to rise in price -- and there is substantial reason to believe it will, then
Uranium Participation Corporation -- traded as U on the Toronto Stock Exchange
-- should continue to benefit nicely.
a description of the stock from their web site,
Corporation is an investment holding company which invests substantially all
of its assets in uranium, either in the form of uranium oxide in concentrates
("U3O8") or uranium hexafluoride ("UF6"), with the primary
investment objective of achieving appreciation in the value of its uranium
holdings. The objective of the Corporation is to provide an investment alternative
for investors interested in holding uranium. Denison
Mines Inc. is the manager of Uranium Participation Corporation.
Corporations securities are listed and trade on the Toronto Stock Exchange.
Its common shares trade under the symbol U. It has two series of warrants
listed on the TSX: U.WT (exercise price $6.25; expiry May 10, 2007) and U.WT.A
(exercise price $12; expiry September 14, 2008).
Corporation's net asset value is calculated and reported monthly. To obtain
the latest net asset value per common share reported by Uranium Participation
Corporation, click on this link: NAV
The weekly uranium
spot price is posted weekly by The Ux Consulting Company, LLC. To obtain the
posted spot price, visit www.uxc.com.
is the latest price chart of uranium taken from that site:
The burden that is a new PC: In Windows
XP there's a program called MSCONFIG. You get to it by RUN. It determines which
software is loaded when you start your machine. The more software you load,
the longer your PC will take to start and the slower it will run. There's a
tab called "Startup" in MSCONFIG that shows which software you're
loading. Most of this startup software is not necessary. Much of it does
things like check for updates, "helper" software that makes loading
of subsequent software faster.
I have removed 37 programs from Startup on my main PC by unchecking the
little boxes. This does not mean I have removed the software I have simply stopped
them from starting. If I need them, I can always re-check them, reboot and they'll
be loaded. Think about that -- 37 programs. That's a gigantic amount
of total and unmitigated crap. My rules on unchecking are simple:
If it's obvious -- like iTunes helper or Adobe Gamma Loader -- remove it.
2. If it's not obvious, I'll Google the name of the file. Somewhere out there
in cyberspace someone has figured out what it does. If in doubt, take it out
3. If still in doubt, I check where the file is. I don't uncheck files that
make my PC's hardware work better. These include the mousepad, the screen, and
the keyboard, though there are exceptions. This morning I unchecked the Nividia
control panel. That stupid piece of software allowed me to rotate my laptop's
screen 90%. Just what I need like a hole in the head.
this does not include all the "craplets" and "teaser software"
which Walt Mossberg writes about in today's Wall Street Journal. Those
things I totally removed by going into Control Panel / Add or Remove
Programs and uninstaling them completely.
makers are paying PC and laptop makers huge amounts of money to load their new
machines -- i.e. the ones you buy -- with "teaser software." Hopefully,
you'll get hooked enough on your "free" trial and pay the software
makers real money. Think of these monies paid by the software makers to the
PC/laptop makers as advertising. As I wrote yesterday, they're not spending
those "advertising" dollars any longer on magazines.
read Mossberg's article today, click
John Stewart. Late night TV comedy shows have increasingly replaced
normal TV as places to talk politics and to interview politicians. The best
shows are John Stewart's "The Daily Show" and "The
Colbert Report" on Comedy Central, and "Real Time with Bill
Maher" on HBO. Here's a clip from John Stewart. I think it's funny.
happened to housing prices? Reader John Nixon
sent me a link to housing prices plotted via a roller coaster. I've always loved
different ways of plotting numbers. This one is the best.
hedge fund's net returns (after all fees) were wrong: The first quarter
to get to heaven
I was testing the children in my Sunday school class to see if they
understood the concept of getting to heaven.
I asked them,
"If I sold my house and my car, had a big garage sale, and gave all my
money to the church, Would that get me into Heaven?"
the children answered.
"If I cleaned
the church every day, mowed the yard, and kept everything neat and tidy, Would
that get me into Heaven?"
Again, the answer
By now I was starting
to smile. Hey, this was fun!
I were kind to animals and gave candy to all the children, and loved my husband,
Would that get me into Heaven?"
Again, they all
I was just bursting
with pride for them.
Well, I continued,
"then how can I get into Heaven?"
boy shouted out, "YOU GOTTA BE DEAD."
world's worst contrived pun
A frog goes into a bank and approaches the First Asst. VP. He can
see from her nameplate that her name is Patricia Whack.
I'd like to get a $30,000 loan to take a holiday."
Patty looks at
the frog in disbelief and asks his name. The frog says his name is Kermit Jagger,
his dad is Mick Jagger, and that it's okay, he knows the bank manager.
that he will need to secure the loan with some collateral.
The frog says,
"Sure. I have this," and produces a tiny bright pink porcelain elephant,
about an inch tall, and perfectly formed.
explains she'll have to consult with the manager and disappears into a back
She finds the
manager and says, " There's a frog called Kermit Jagger out there who claims
to know you and wants to borrow $30,000, and he wants to use this as collateral."
She holds up the
tiny pink elephant. "I mean, what in the world is this?"
The Manager looks
back at her and says...
"It's a knic
knack, Patty Whack. Give the frog a loan, His old man's a Rolling Stone."
This column is about my personal search
for the perfect investment. I don't give investment advice. For that you have
to be registered with regulatory authorities, which I am not. I am a reporter
and an investor. I make my daily column -- Monday through Friday -- freely available
for three reasons: Writing is good for sorting things out in my brain. Second,
the column is research for a book I'm writing called "In Search of the
Perfect Investment." Third, I encourage my readers to send me their
ideas, concerns and experiences. That way we can all learn together. My email
address is .
You can't click on my email address. You have to re-type it . This protects
me from software scanning the Internet for email addresses to spam. I have no
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