{"id":15300,"date":"2012-10-12T09:08:22","date_gmt":"2012-10-12T13:08:22","guid":{"rendered":"http:\/\/www.technologyinvestor.com\/?p=15300"},"modified":"2012-10-12T09:23:34","modified_gmt":"2012-10-12T13:23:34","slug":"wrestling-with-my-equity-portfolio-and-figuring-the-cost-of-entertainment","status":"publish","type":"post","link":"https:\/\/www.technologyinvestor.com\/?p=15300","title":{"rendered":"Wrestling with my equity portfolio. And figuring the new cost of “entertainment.”"},"content":{"rendered":"
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Wrestling with re-focusing my equity portfolio away from mortgage REITs and tech. <\/span><\/p>\n

Apple, Amazon, Google have done yuch recently.<\/span><\/p>\n

QE3 or 4 or whatever they call it is hurting the mortgage REITs. Another present (along with low savings bank and money market interest) from Washington to investors. The Australian dollar is coming back. But the Australian interest rates are falling.<\/p>\n

Weekend project. Find something Maybe some more shorts? CAT? JOY? BBY? Checking.<\/p>\n

I did buy some NLY preferreds. They pay 7.5% and are up a few pennies. Vanguard bond fund VWALX keeps inching up and paying a nice dividend. It’s long been a safe favorite.<\/p>\n

You didn’t do as bad as you think.<\/strong><\/span> Maybe you even did a little better:<\/p>\n

Endowment Returns — year to June 30, 2012<\/strong>
\nHarvard University -0.05 percent
\nYale University: +4.7 percent
\nStanford University: +1 percent
\nMassachusetts Institute of Technology: +8 percent
\nUniversity of Pennsylvania: +1.6 percent
\nUniversity of Chicago: +6.8 percent
\nBowdoin College +2.7%<\/p>\n

Went to the NYC ballet last night.<\/strong><\/span> Loved it. Love George Balanchine’s work. Also saw The End of Watch.<\/em><\/strong><\/p>\n

\"\"<\/a><\/p>\n

Great movie. Seniors now cost $10.50 for a 5 PM show at our local New York City movie house. However, only $5 at our movie house in Chatham, NY, up $1 this year. The ballet was $108 a seat. Entertainment is not cheap. Big inflation.<\/p>\n

Watched 20 minutes of the VP Debate. I didn’t fall asleep. I had to walk the dog so I missed the opinions from the enlightened pundits. Entertainment is not cheap. Good news: Rosie did number one and number two. Important accomplishments.<\/p>\n

Groundswill of support by CEOs for Romney. See this Economist piece:<\/p>\n

The silence of the suits<\/strong>
\nCorporate America’s affection for Mitt Romney is the love that dare not speak its name<\/p>\n

Click here.<\/strong><\/a><\/p>\n

Fascinating to listen to Steve Wynn this morning on CNBC. He points out that the 2,700 page Obamacare health care law didn’t touch:<\/p>\n

+ Interstate competition between health care providers. Still forbidden.
\n+ Defensive testing by doctors.
\n+ Huge malpractice law suits, forcing doctors to pay far too much in malpractice insurance. Hence forcing up the price of health care.
\n+ The fact that members of Congress specifically exempted themselves from Obamacare. They didn’t want it. They have their own, better health care. You want theirs. Trust me.<\/p>\n

Taxing authorities are getting weirder and weirder. <\/strong>They lose your returns. They mislay various sheets. They bug you for returns you filed three times. Half of their people can no longer speak English. Vietnamese anyone?Mine stinks.
\n<\/span><\/span><\/p>\n

I have only one “solution.” If you can file electronically, do so. <\/span>Electronic seems to work better.<\/p>\n

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Harry Newton who wonders why he’s presently spending so much time playing maintenance manager. From windows that don’t open to doors that won’t close to my favorite Timex Indiglo watch that no longer lights, to a newly-dead Samsung computer monitor. Good news, eBay has a $12.95 repair kit of capacitors I can use to fix it..\u00a0 They say it’s easy.\u00a0 Yup. And pigs will fly. Click here.<\/strong><\/a><\/p>\n

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Wrestling with re-focusing my equity portfolio away from mortgage REITs and tech. Apple, Amazon, Google have done yuch recently. QE3 or 4 or whatever they call it is hurting the mortgage REITs. Another present (along with low savings bank and money market interest) from Washington to investors. The Australian dollar is coming back. But the […]<\/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-15300","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=\/wp\/v2\/posts\/15300","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=15300"}],"version-history":[{"count":0,"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=\/wp\/v2\/posts\/15300\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=15300"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=15300"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=15300"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}