{"id":11551,"date":"2012-02-07T09:06:19","date_gmt":"2012-02-07T14:06:19","guid":{"rendered":"http:\/\/www.technologyinvestor.com\/?p=11551"},"modified":"2012-02-07T14:09:49","modified_gmt":"2012-02-07T19:09:49","slug":"some-new-equities-a-philosophy-of-asset-allocation","status":"publish","type":"post","link":"https:\/\/www.technologyinvestor.com\/?p=11551","title":{"rendered":"Some new equities. A philosophy of asset allocation."},"content":{"rendered":"<p style=\"text-align: left;\">\n<p style=\"text-align: left;\">New stocks I bought yesterday: HD and RVBD, Favorites still include AAPL. NKE, BHP, VWALX, AGNC and NLY. (See list on right.) Keep your stops tight.<\/p>\n<p style=\"text-align: left;\">Mohammed El-Erian on CNBC this morning has three principles:<\/p>\n<p style=\"padding-left: 30px;\">1. Prudence<br \/>\n2. Patience<br \/>\n3. Optionality.<\/p>\n<p style=\"text-align: left;\">On asset allocation, he recommends<\/p>\n<p style=\"padding-left: 30px; text-align: left;\">1. Be underweight equity.<\/p>\n<p style=\"padding-left: 30px; text-align: left;\">2. Own selected commodities &#8212; gold and oil.<\/p>\n<p style=\"padding-left: 30px; text-align: left;\">3. Stay within seven years maturity on bonds.<\/p>\n<p style=\"text-align: left;\">Makes sense.<\/p>\n<p style=\"text-align: left;\"><span style=\"color: #0000ff;\"><strong>Keep your eyes open.<\/strong><\/span> For years I bought batteries at Radio Shack. Why only batteries? Because that&#8217;s all they ever had of interest. Yesterday I bought a battery to replace one in Susan&#8217;s cordless. The bloody thing was $24 &#8212; more than three times the price on Batteries.com. Worse, Radio Shack&#8217;s technology was awful. It was nickel-cadmium, while Batteries.com was nickel metal hydride. Much better.<\/p>\n<p style=\"text-align: left;\">I looked around my local Radio Shack store. It was pathetic. There was nothing to buy. Nothing. In my brain, I had a vision of all the wondrous gadgetry\u00a0 I&#8217;d just seen at the Consumer Electronics Show. Then I looked around the Radio Shack store and I saw nothing. It was like the store was being stocked by someone who hated technology and customers.<\/p>\n<p style=\"text-align: left;\">What didn&#8217;t I do look around earlier? I could have sold this dog short six months ago and gotten rich beyond my wildest dreams.<\/p>\n<p style=\"text-align: left;\">Is it still shortable? I bet it will go to $5 soon.\u00a0 But that&#8217;s not as delicious as shorting it at $15 last summer. Dumb me.<\/p>\n<p style=\"text-align: left;\"><a href=\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2012\/02\/RadioShackStockFalls.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-11561\" title=\"RadioShackStockFalls\" src=\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2012\/02\/RadioShackStockFalls.jpg\" alt=\"\" width=\"649\" height=\"282\" srcset=\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2012\/02\/RadioShackStockFalls.jpg 649w, https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2012\/02\/RadioShackStockFalls-300x130.jpg 300w\" sizes=\"auto, (max-width: 649px) 100vw, 649px\" \/><\/a><\/p>\n<p style=\"text-align: left;\">The moral of this story: Keep your eyes open.<\/p>\n<p style=\"text-align: left;\"><span style=\"color: #0000ff;\"><strong>How to keep your PC running well.<\/strong><\/span> Shut it off completely and regularly &#8212; at least twice a day.<\/p>\n<p style=\"text-align: left;\"><span style=\"color: #0000ff;\"> <\/span><\/p>\n<p style=\"text-align: left;\"><span style=\"color: #0000ff;\"><strong>Why Russia blocked the UN condemnation vote against Syria. <\/strong><\/span>I was perplexed. Then I found three reasons:<\/p>\n<p style=\"padding-left: 30px; text-align: left;\">1. Syria hosts Russia&#8217;s only military base on the Mediterranean.<\/p>\n<p style=\"padding-left: 30px; text-align: left;\">2. Syria is the largest importer of Russian weapons in the Middle East. Assad&#8217;s regime has signed contracts for 24 MiG-29M\/M2 fighter jets and eight Buk-M2E air-defense systems. Another deal for anti-ship defenses armed with supersonic cruise missiles is in the works. Why annoy a big customer?<\/p>\n<p style=\"padding-left: 30px; text-align: left;\">3. Russia saw what happened with Libya when it didn&#8217;t oppose the UN resolution. Regime change is bad for the arms business.<\/p>\n<p style=\"text-align: left;\"><span style=\"color: #0000ff;\"><strong>How to save at Home Depot.<\/strong><\/span> Reader Bruce Mitchell sends son Michael a tip which &#8220;will earn me (Daddy) some kudos.&#8221;<\/p>\n<div style=\"padding-left: 30px; text-align: left;\">Have him go to ebay and type in &#8220;Home Depot coupons&#8221;. You can buy 10%  coupons there for $0.50-$1.00 each. I never go into the store without them  anymore, and also Lowe&#8217;s will accept them (or you can just buy ones for Lowes.  We built a new home last year and I estimate I saved several thousand dollars  with these coupons.<\/div>\n<div style=\"text-align: left;\"><\/div>\n<div style=\"text-align: left;\">Reader Sonny Welch, however, warns<\/p>\n<\/div>\n<div style=\"padding-left: 30px; text-align: left;\">I have bought all kinds of tools and appliances. Have done business\u00a0 with Lowe&#8217;s and Home Depot. They are the worst place in the world to buy good tools, machines \/appliances. Homelite makes chainsaws for the Box Shops that are cheaper but will only last 2 years even if only used a little. I bought a Toro lawn mover 6 years ago in 6 months it had 5 things break or go bad that should have only happen after 4-7 yrs.They would not repair it ,I had to write the CEO to get my money back. I bought a high self propelled Toro for more money from a dealer 5 years ago it works great no problems. Everyone makes models they only sell to the Box Shops.They also are great at stopping to carry a line of products for you to have to go on line to get help, service or parts.<span style=\"color: #0000ff;\"><strong> <\/strong><\/span><\/p>\n<\/div>\n<div style=\"text-align: left;\"><span style=\"color: #0000ff;\"><strong>Most popular ride at the Texas State Fair.<\/strong><\/span> This video is hysterical. Click <a href=\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2012\/02\/MostPopularRideAtTheTexasStateFair.wmv\" target=\"_blank\"><strong>here.<\/strong><\/a><\/div>\n<p style=\"text-align: left;\"><span style=\"color: #0000ff;\"><strong>How to get your hair done. <\/strong><\/span>A woman was at her hairdresser&#8217;s getting her hair styled for a trip to Rome with her husband. She mentioned the trip to the hairdresser, who responded:<\/p>\n<p style=\"text-align: left;\">&#8221; Rome ? Why would anyone want to go there? It&#8217;s crowded and dirty.. You&#8217;re crazy to go to Rome. So, how are you getting there?&#8221;<\/p>\n<p style=\"text-align: left;\">&#8220;We&#8217;re taking Continental,&#8221; was the reply. &#8220;We got a great rate!&#8221;<\/p>\n<p style=\"text-align: left;\">&#8220;Continental?&#8221; exclaimed the hairdresser.. &#8220;That&#8217;s a terrible airline. Their planes are old, their flight attendants are ugly, and they&#8217;re always late. So, where are you staying in Rome ?&#8221;<\/p>\n<p style=\"text-align: left;\">&#8220;We&#8217;ll be at this exclusive little place over on Rome &#8216;s Tiber River called Teste.&#8221;<\/p>\n<p style=\"text-align: left;\">&#8220;Don&#8217;t go any further.. I know that place. Everybody thinks its gonna be something special and exclusive, but it&#8217;s really a dump.&#8221;<\/p>\n<p style=\"text-align: left;\">&#8220;We&#8217;re going to go to see the Vatican and maybe get to see the Pope.&#8221;<\/p>\n<p style=\"text-align: left;\">&#8220;That&#8217;s rich,&#8221; laughed the hairdresser. You and a million other people trying to see him. He&#8217;ll look the size of an ant. Boy, good luck on this lousy trip of yours. You&#8217;re going to need it.&#8221;<\/p>\n<p style=\"text-align: left;\">A month later, the woman again came in for a hairdo. The hairdresser asked her about her trip to Rome .<\/p>\n<p style=\"text-align: left;\">&#8220;It was wonderful,&#8221; explained the woman, &#8220;not only were we on time in one of Continental&#8217;s brand new planes, but it was overbooked, and they bumped us up to first class.. The food and wine were wonderful, and I had a handsome 28-year-old steward who waited on me hand and foot. And the hotel was great! They&#8217;d just finished a $5 million remodeling job, and now it&#8217;s a jewel, the finest hotel in the city. They, too, were overbooked, so they apologized and gave us their owner&#8217;s suite at no extra charge!&#8221;<\/p>\n<p style=\"text-align: left;\">&#8220;Well,&#8221; muttered the hairdresser, &#8220;that&#8217;s all well and good, but I know you didn&#8217;t get to see the Pope.&#8221;<\/p>\n<p style=\"text-align: left;\">&#8220;Actually, we were quite lucky, because as we toured the Vatican , a Swiss Guard tapped me on the shoulder, and explained that the Pope likes to meet some of the visitors, and if I&#8217;d be so kind as to step into his private room and wait, the Pope would personally greet me.<\/p>\n<p style=\"text-align: left;\">Sure enough, five minutes later, the Pope walked through the door and shook my hand! I knelt down and he spoke a few words to me.&#8221;<\/p>\n<p style=\"text-align: left;\">&#8220;Oh, really! What&#8217;d he say ?&#8221;<\/p>\n<p style=\"text-align: left;\">He said: &#8220;Who screwed up your hair?&#8221;<\/p>\n<p style=\"text-align: left;\"><span style=\"color: #0000ff;\"><strong>When it&#8217;s finally time to trust your husband.<\/strong><\/span><\/p>\n<p style=\"text-align: left; padding-left: 30px;\">A wife comes home late at night and quietly opens the door to her bedroom.<\/p>\n<p style=\"text-align: left; padding-left: 30px;\">From under the blanket she sees four legs instead of two. She reaches for a baseball bat and starts hitting the blanket as hard as she can. Once she&#8217;s done, she goes to the kitchen to have a drink.<\/p>\n<p style=\"text-align: left; padding-left: 30px;\">As she enters, she sees her husband there, reading a magazine. &#8220;Hi Darling&#8221;, he says, &#8220;Your parents have come to visit us, so l let them stay in our bedroom. Did you say hello?&#8221;<\/p>\n<div style=\"text-align: left;\"><strong><a href=\"..\/wp-content\/uploads\/2010\/08\/HarryNewtonNewShot2.jpg\"><img loading=\"lazy\" decoding=\"async\" title=\"HarryNewtonNewShot\" src=\"..\/wp-content\/uploads\/2010\/08\/HarryNewtonNewShot2.jpg\" alt=\"\" width=\"125\" height=\"180\" \/><\/a><br \/>\n<\/strong><\/div>\n<p style=\"text-align: left;\">Harry Newton who has a few more travel tips (from today&#8217;s New York Times <a href=\"http:\/\/www.nytimes.com\/2012\/02\/07\/business\/clever-ways-to-avoid-airline-baggage-fees.html?_r=1&amp;scp=1&amp;sq=avoiding%20baggage%20fees&amp;st=Search\" target=\"_blank\"><strong>Avoiding Baggage Fees<\/strong><\/a><\/p>\n<p style=\"text-align: left; padding-left: 30px;\">+\u00a0 Boook on Southwest (two free bags) or JetBlue (one free).<\/p>\n<p style=\"text-align: left; padding-left: 30px;\">+ Get an airline-branded credit card, where the benefits include checking the first bag free, getting free access to special airport lounges (a perk that can cost up to $100 for two passes), receiving double-mileage points for every mile flown on that airline, and priority boarding before other travelers. Some cards offer sign-up bonuses of as much as 40,000 miles, annual $99 companion certificates and 20 percent discounts on in-flight food, beverages and entertainment. But passengers need to weigh the benefits carefully, since many cards charge an annual fee that ranges from $55 to as much as $450.<\/p>\n<p style=\"text-align: left; padding-left: 30px;\">+ Use vacuum-seal bags inside her carry-on bags, she said; the  bags, which shrink down to a compact package when air is pulled out by a  vacuum cleaner. Hence you can carry\u00a0 more items in a carry-on.<\/p>\n<p style=\"text-align: left;\">And don&#8217;t forget to get on the plane as early as possible. Overhead bins fill fast.<\/p>\n<p style=\"text-align: left; padding-left: 30px;\">\n<p style=\"text-align: left;\">\n","protected":false},"excerpt":{"rendered":"<p>New stocks I bought yesterday: HD and RVBD, Favorites still include AAPL. NKE, BHP, VWALX, AGNC and NLY. (See list on right.) Keep your stops tight. Mohammed El-Erian on CNBC this morning has three principles: 1. Prudence 2. Patience 3. Optionality. On asset allocation, he recommends 1. Be underweight equity. 2. Own selected commodities &#8212; [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-11551","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=\/wp\/v2\/posts\/11551","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=11551"}],"version-history":[{"count":0,"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=\/wp\/v2\/posts\/11551\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=11551"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=11551"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=11551"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}