Harry Newton's In Search of The Perfect Investment
Newton's In Search Of The Perfect Investment. Technology Investor.
AM EST Wednesday, September 27, 2006: The Canadian
oil sands producer trusts have fallen heavily in recent weeks as the price of
oil has plummeted. It's hard to believe oil will fall much lower -- given, short-term,
the upcoming winter, and long-term, the high cost of securing new oil. Two companies
stand out: Enerplus
Resources Fund -- (ERF) and Penn West Energy Trust (PWE). The former
is yielding 9.1%, the later 11.5%. I also own Canadian Oil Stands Trust
(COS-UN.TO), which looked brilliant a few weeks back. It yields just under 7%.
It's less preferred.
The Lawyers' Full Employment Act of 2006: I'm
trying to buy back a property I once owned. I sold it with a two-page contract.
The seller is now offering me a 16-page contract. I'd be happy with a check
and a handshake. It's not to be. Off to my lawyers. Yuch.
is a good deal: Yesterday NewEgg was selling my favorite Canon SD700
digital camera plus a one gigabyte card -- big enough for 600-plus photos --
for only $341. This morning they're selling the camera alone for $317.59. Click
The moral of this story: Poking around even one company's web site often finds
the same product at wildly different prices. Calling them on the phone and saying
"Yesterday, it was $XXX, today it's $XXX+, I deserve the lower price"
your computer is suddenly acting quirky: You
may want to upgrade its BIOS. Most computer companies (especially laptop
makers) upgrade BIOS regularly. But most don't tell their customers, even if
you registered. Go to their web site every six months. It's trivial to upgrade.
with professionals: They have their agenda.
You have yours. To them money may not be important. To you it may be. Protecting
their tushy might be theirs. Getting the deal done might be yours. To assume
that they are on the same page as you are -- though you are their client and
pay their bills -- is wrong. It's your money, your goals, your timetable. It's
your responsibility to manage the process -- even at the risk of becoming a
micro-manager. This advice applies to all professionals.
If I had a hammer: A Colorado man suspected of obtaining phone numbers
in the Hewlett-Packard spying case destroyed his computer, according to today's
Wall Street Journal.
The man, identified
as Bryan C. Wagner, 29 years old, of Denver, told an investigator he had demolished
his computer with a hammer and disposed of it after receiving a tip from a relative
that he might be caught up in a criminal probe of the HP leak case by the California
attorney general's office.
I don't make this stuff up.
York City mulls ban on trans fats in its restaurants: Three years
after the city banned smoking in restaurants, health officials are talking about
prohibiting something they say is almost as bad: artificial trans fatty acids.
The city health
department unveiled a proposal yesterday that would bar cooks at any of the
city's 24,600 food service establishments from using ingredients that contain
the artery-clogging substance, commonly listed on food labels as partially
fats are found in some shortenings, margarine and frying oils and turn up in
foods from pie crusts to french fries to doughnuts. Doctors agree that trans
fats are unhealthy in nearly any amount.
Proving certain guilt:
In a criminal justice system based on 12 individuals not smart enough
to get out of jury duty, here is a jury to be proud of!!!
A defendant was
on trial for murder. There was strong evidence indicating guilt, but there was
no corpse. In the defense's closing statement the lawyer, knowing that his client
would probably be convicted, resorted to a trick.
gentlemen of the jury, I have a surprise for you all,"
The lawyer said
as he looked at his watch. "Within one minute, the person presumed dead
in this case will walk into this courtroom.
" He looked
toward the courtroom door. The jurors, somewhat stunned, all looked on eagerly.
A minute passed.
Nothing happened. Finally the lawyer said, "Actually, I made up the previous
But you all looked
on with anticipation. I, therefore, put it to you that you have a reasonable
doubt in this case as to whether anyone was killed, and I insist that you return
a verdict of not guilty.
" The jury,
clearly confused, retired to deliberate. A few minutes later, the jury returned
and pronounced a verdict of guilty. "But how?" inquired the lawyer.
"You must have had some doubt; I saw all of you stare at the door."
The jury foreman
replied: "Yes, we did look, but your client didn't."
double dose of Viagra.
A man went to the doctor's office to get a double dose of Viagra.
The doctor told him that he couldn't allow him a double dose. "Why not?"
asked the man.
it's not safe," replied the doctor.
"But I need it really bad," said the man.
do you need it so badly?" asked the doctor.
The man said,
"My girlfriend is coming into town on Friday; my ex-wife will be here on
Saturday; and my wife is coming home on Sunday. Can't you see? I must have a
The doctor finally
relented saying, "Okay, I'll give it to you, but you have to come in on
Monday morning so that I can check you to see if there are any side effects."
On Monday, the
man dragged himself in; his arm in a sling.
The doctor asked,
"What happened to you?"
The man said,
"No one showed up".
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 role in choosing the Google ads. Thus I cannot endorse any, though some
look mighty interesting. If you click on a link, Google may send me money.
Please note I'm not suggesting you do. That money, if there is any, may help
pay Claire's law school tuition. Read more about Google AdSense,
here and here.