Harry Newton's In Search of The Perfect Investment
Newton's In Search Of The Perfect Investment. Technology Investor.
8:30 AM EST, Tuesday, July 17: EWA
is the iShare for the Australian stockmarket. It continues to inch up. I got
are in a mini-boom. Ones I own (do your own research, please) include: EMC,
Riverbed Technology (RVBD), Shutterfly (SFLY), and Synchronoss Technologies
(SNCR). I also like Zoltek Companies (ZOLT).
I also like companies
in oil service and in the oil business, as represented by two iShares -- OIH
and IYE. They've been weak in recent days. Let them come in a bit more before
buying. Oil companies appear "out of fashion" at present, despite
the high price of oil which will ultimately benefit them.
building a house or an extension: The "simple" conclusion
is DON'T. You'll be way over budget on money and time. My new house is over
a year late and, so far, 50% over budget. All my friends confirm my experience.
What prompted me to write this? When one of my contractors told he'd just build
a new house for himself and he came in 50% over his budget. And he did
most of the work himself.
The culprit is
1. The dramatic escalation in the cost of materials -- from glass to steel,
from wood to wiring.
2. The overwhelming of suppliers -- from skylight makers to quarries. Everyone
has too much work, is overpromising, way under-delivering and screwing up on
what they deliver -- like the wrong thing, or leaving bits and pieces out.
3. The overwhelming of subcontractors. Everyone has too much work. Nobody makes
allowances any longer for normal delays. All are concerned that there'll never
be another job (after all, housing is "slowing"). Hence everyone is
taking on too much work. The litany of excuses I've heard recently would fill
several books. I'd think they were funny -- if I wasn't the victim.
There is one additional
culprit. It's your family! You'll often hear "While we're at it,
why don't we...?" Them's fatal net worth-busting words. Don't blame
is key: The biggest bitch I have with suppliers
today is they've forgotten how to use the phone and how to read their email.
If you're in business for yourself -- and you really should be -- make sure
you talk to your customers regularly. Return their phone calls. Return their
emails. Tell the truth! End of lecture.
flashlights make the most sense: Flashlights come in three varieties:
incandescent, halogen and LED. The LED ones are brighter. Their batteries last
10 times longer. And LED flashlights are far less fragile. Drop them and you
won't break the bulb. They also, sadly, cost more. The one I like (after much
research) is the Princeton Tec Impact XL LED Flashlight:
It takes four AA batteries, has a bright 1-watt LED and the right size. You
can buy one at Campmor
for $29.99 and occasionally on eBay for less.
out for your new TV sets: This piece is from
Wendy Frew, environment reporter, Sydney Morning Herald, Australia:
are sending home power bills sky high as more people install bigger and more
systems remain the No.1 energy guzzler in the home but plasma TVs are fast
overtaking refrigerators and freezers as a greenhouse gas culprit, with poorly
performing sets adding as much as $100 to electricity bills, energy experts
can use up to four times the energy consumed by a standard TV, as well
as using more standby power, according to Energy Australia's efficiency expert,
unlike whitegoods, we don't have energy rating labels for televisions, so
there is no simple way to compare the running costs of different makes and
models," he said.
however, the bigger the screen, the higher the electricity use."
Over the past
five years, there have been significant energy efficiency gains made in the
manufacture of whitegoods. Federal Government-mandated energy ratings have
also made it easier for consumers to choose the most energy-efficient appliance.
But for many
families the electricity savings they have made could be wiped out if a large
plasma or LCD TV is installed in the home.
we have had quite a dramatic shift to bigger sets, so that drives energy use
higher," Mr Myers said.
the moment the consumer has no way of knowing which model if more energy efficient
there is a case for star rating plasma TVs."
Even where there
are energy ratings, some appliances are being imported into Australia with
misleading labels, according to an ABC Four Corners program. Some air-conditioners
were claiming ratings well above their real performance, the program revealed.
group ACF has called on the Federal Government to implement tougher controls
of the accreditation process, to commission an independent audit, to strengthen
the testing of appliances and to extend the scheme to cover TVs, ovens, hobs
and other appliances.
The ACF Green
Home campaigner Clare Donovan said a 68-centimetre cathode TV consumed
98 watts of energy costing, on average, 1.18 cents an hour. That compared
with 214 watts and 2.6 cents an hour for a 100-centimetre LCD TV, and
350 watts at 4.2 cents an hour, on average, for a 106-centimetre plasma
classified ad ever:
male, 34, very successful, smart, independent, self-made. Looking for girl
whose father will hire me. POB 22
Philosophy of sex.
quotes on sex:
"You know "that look" women get when they want sex? Me neither."
is like playing bridge. If you don't have a good partner, you'd better have
a good hand." --Woody Allen
immediately doubles your chances for a date on Saturday night." --Rodney
a number of mechanical devices which increase sexual arousal, particularly in
women. Chief among these is the Mercedes-Benz 380SL." --Lynn Lavner
sex to the feminists is like letting your dog vacation at the taxidermist."
"Sex at age
90 is like trying to shoot pool with a rope." --George Burns
"Sex is one
of the nine reasons for reincarnation. The other eight are unimportant."
be able to fake orgasms. But men can fake whole relationships." --Sharon
lied. A man might forget where he parks or where he lives, but he never forgets
oral sex, no matter how bad it is." --Barbara Bush (Former US First Lady
-- and you didn't think Barbara had a sense of humor)
divorce, from the Latin word meaning to rip out a man's genitals through his
wallet." --Robin Williams
a reason to have sex. Men just need a place." --Billy Crystal
of getting married again, I'm going to find a woman I don't like and just give
her a house." --Rod Stewart
is that God gives men a brain and a penis, and only enough blood to run one
at a time." --Robin Williams
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 .
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