{"id":3422,"date":"2010-08-13T09:08:30","date_gmt":"2010-08-13T13:08:30","guid":{"rendered":"http:\/\/www.technologyinvestor.com\/?p=3422"},"modified":"2010-08-13T09:22:08","modified_gmt":"2010-08-13T13:22:08","slug":"happiness-is-in-the-mind","status":"publish","type":"post","link":"https:\/\/www.technologyinvestor.com\/?p=3422","title":{"rendered":"Happiness is in the mind"},"content":{"rendered":"<p style=\"text-align: left;\">This is Gerry Friesen. He and I were partners on the publishing business we sold in 1997. Gerry aggressively retired and became the &#8220;Mr. Yes Man.&#8221;<\/p>\n<p style=\"text-align: left;\">&#8220;Gerry, want to play golf today?&#8221;<\/p>\n<p style=\"text-align: left;\">&#8220;Yes.&#8221;<\/p>\n<p style=\"text-align: left;\">&#8220;Gerry, want to go biking to Alaska today?&#8221;<\/p>\n<p style=\"text-align: left;\">&#8220;Yes.&#8221;<\/p>\n<p style=\"text-align: left;\">Gerry went traveling. I stayed home and studied happiness and\u00a0 investing.<\/p>\n<p style=\"text-align: left;\">This morning, Gerry sent me this wonderful photo. He wrote, &#8220;<em>With the right background, I look good&#8230;.<\/em>&#8220;<\/p>\n<p style=\"text-align: left;\"><a href=\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2010\/08\/Gerryinalps.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-3421\" title=\"Gerryinalps\" src=\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2010\/08\/Gerryinalps.jpg\" alt=\"\" width=\"640\" height=\"480\" srcset=\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2010\/08\/Gerryinalps.jpg 640w, https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2010\/08\/Gerryinalps-300x225.jpg 300w\" sizes=\"auto, (max-width: 640px) 100vw, 640px\" \/><\/a><\/p>\n<p style=\"text-align: left;\">Gerry is teaching me how to become the &#8220;Mr. Yes Man.&#8221;<\/p>\n<p style=\"text-align: left;\">Key is to remove from your life those things you have little control over.<\/p>\n<p style=\"text-align: left;\">There is no investment strategy you can put &#8220;on eternity hold&#8221; and bike to Alaska for the summer. But there are elements:<\/p>\n<p style=\"text-align: left;\">1. Bonds. I like muni bonds because of the horrid taxes in New York.<\/p>\n<p style=\"text-align: left;\">2. Bond funds. They use a little leverage to juice the returns.<\/p>\n<p style=\"text-align: left;\">3. High yielders like NLY, ANH and AGNC. Testimony: they&#8217;ve held up really well in recent days, compared with &#8220;high-flyers&#8221; like Google.<\/p>\n<p style=\"text-align: left;\">4. Cash in bank CDs. You won&#8217;t get rich. But you will have peace of mind.<\/p>\n<p style=\"text-align: left;\"><strong><span style=\"color: #0000ff;\">Profitable business. <\/span><\/strong>The estate tax is coming back with vengeance. It will probably be 55% next year. To avoid paying their share, rich people buy life insurance. $120,000 a year will give their estate\u00a0 $10 million when they and their wive die. The first two years of premium are almost all commission to the agent selling the policy.<\/p>\n<p style=\"text-align: left;\">You don&#8217;t have to sell too many policies each year to make a seriously handsome living.<\/p>\n<p style=\"text-align: left;\"><span style=\"color: #0000ff;\"><strong>Nice scanner. <\/strong><span style=\"color: #000000;\">Michael is getting married next weekend. I have to scan baby pictures for a wedding &#8220;slide show.&#8221;After researching extensively, I bought this fabulous $99 Epson scanner on-line from Best Buy.<br \/>\n<\/span><\/span><\/p>\n<p style=\"text-align: left;\"><span style=\"color: #0000ff;\"><strong><a href=\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2010\/08\/EpsonScanner.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-3425\" title=\"EpsonScanner\" src=\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2010\/08\/EpsonScanner.jpg\" alt=\"\" width=\"500\" height=\"343\" srcset=\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2010\/08\/EpsonScanner.jpg 500w, https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2010\/08\/EpsonScanner-300x205.jpg 300w\" sizes=\"auto, (max-width: 500px) 100vw, 500px\" \/><\/a><\/strong><\/span><a href=\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2010\/08\/EpsonScanner.jpg\"><span style=\"color: #0000ff;\"><span style=\"color: #000000;\"><br \/>\n<\/span><\/span><\/a><span style=\"color: #0000ff;\"><span style=\"color: #000000;\">It also does PDFs and slides. Click<\/span><strong> <a href=\"http:\/\/www.bestbuy.com\/site\/Epson+-+Perfection+Flatbed+Photo+Scanner\/8949944.p?id=1216424484977&amp;skuId=8949944&amp;st=epson%20flatbed%20scanner&amp;cp=1&amp;lp=1\" target=\"_blank\">here.<\/a><br \/>\n<\/strong><\/span><\/p>\n<div style=\"text-align: left;\"><strong><a href=\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2009\/12\/HarryNewton.gif\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-9\" title=\"HarryNewton\" src=\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2009\/12\/HarryNewton.gif\" alt=\"\" width=\"95\" height=\"162\" \/><\/a><\/strong><\/div>\n<p style=\"text-align: left;\"><span style=\"color: #0000ff;\"><span style=\"color: #000000;\">Harry Newton,who envied Gerry his Harleys, so Harry bought a $1,600 &#8220;Chinese Vespa.&#8221; He managed 287 miles before the mice got it, built their home-sweet-home in it. $400 later, the nest is gone and the scooter works again. 55 MPH downhill and 35 MPH uphill. The gas mileage is to die for.<br \/>\n<\/span><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>This is Gerry Friesen. He and I were partners on the publishing business we sold in 1997. Gerry aggressively retired and became the &#8220;Mr. Yes Man.&#8221; &#8220;Gerry, want to play golf today?&#8221; &#8220;Yes.&#8221; &#8220;Gerry, want to go biking to Alaska today?&#8221; &#8220;Yes.&#8221; Gerry went traveling. I stayed home and studied happiness and\u00a0 investing. This morning, [&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-3422","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=\/wp\/v2\/posts\/3422","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=3422"}],"version-history":[{"count":0,"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=\/wp\/v2\/posts\/3422\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=3422"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=3422"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=3422"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}