{"id":5055,"date":"2010-12-14T09:07:46","date_gmt":"2010-12-14T14:07:46","guid":{"rendered":"http:\/\/www.technologyinvestor.com\/?p=5055"},"modified":"2010-12-14T09:17:52","modified_gmt":"2010-12-14T14:17:52","slug":"we-didnt-buy-these-for-trades-were-still-clipping-coupons","status":"publish","type":"post","link":"https:\/\/www.technologyinvestor.com\/?p=5055","title":{"rendered":"&#8220;We didn&#8217;t buy these for trades. We&#8217;re still clipping coupons.&#8221;"},"content":{"rendered":"<p style=\"text-align: left;\">That was my bond broker speaking. There is logic in his words. If you&#8217;re getting a high tax-free yield &#8212; in PNYIX&#8217;s case over 6%&#8211; then you can take a little principal volatility. I&#8217;m down about 2.7%. It&#8217;s happened before. The key is to not to freak out excessively.<\/p>\n<p style=\"text-align: left;\"><a href=\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2010\/12\/PIMCONYMUNI.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-5054\" title=\"PIMCONYMUNI\" src=\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2010\/12\/PIMCONYMUNI.jpg\" alt=\"\" width=\"638\" height=\"256\" srcset=\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2010\/12\/PIMCONYMUNI.jpg 638w, https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2010\/12\/PIMCONYMUNI-300x120.jpg 300w\" sizes=\"auto, (max-width: 638px) 100vw, 638px\" \/><\/a><\/p>\n<p style=\"text-align: left;\">Freaking out excessively is not necessarily a bad trait.<\/p>\n<p style=\"text-align: left;\"><span style=\"color: #0000ff;\"><strong>Want to get your kid into college?<\/strong><\/span> Make a video of him playing soccer and upload it to YouTube. Here&#8217;s Todd&#8217;s son, Jack Kingsley playing soccer. He&#8217;s number 4. Click <a href=\"http:\/\/www.youtube.com\/watch?v=VtfLAr-Q9_Q\" target=\"_blank\"><strong>here.<\/strong><\/a><\/p>\n<p style=\"text-align: left;\"><span style=\"color: #0000ff;\"><strong>Favorite recent New Yorker cartoons.<\/strong><\/span> These are too funny not to include. Enjoy.<\/p>\n<p style=\"text-align: left;\"><a href=\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2010\/12\/poorreception.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-5051\" title=\"poorreception\" src=\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2010\/12\/poorreception.jpg\" alt=\"\" width=\"544\" height=\"687\" srcset=\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2010\/12\/poorreception.jpg 544w, https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2010\/12\/poorreception-237x300.jpg 237w\" sizes=\"auto, (max-width: 544px) 100vw, 544px\" \/><\/a><\/p>\n<p style=\"text-align: left;\"><a href=\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2010\/12\/MiddleClass2.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-5052\" title=\"MiddleClass2\" src=\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2010\/12\/MiddleClass2.jpg\" alt=\"\" width=\"556\" height=\"429\" srcset=\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2010\/12\/MiddleClass2.jpg 556w, https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2010\/12\/MiddleClass2-300x231.jpg 300w\" sizes=\"auto, (max-width: 556px) 100vw, 556px\" \/><\/a><\/p>\n<p style=\"text-align: left;\"><a href=\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2010\/12\/Recalculating.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-5053\" title=\"Recalculating\" src=\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2010\/12\/Recalculating.jpg\" alt=\"\" width=\"600\" height=\"445\" srcset=\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2010\/12\/Recalculating.jpg 600w, https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2010\/12\/Recalculating-300x222.jpg 300w\" sizes=\"auto, (max-width: 600px) 100vw, 600px\" \/><\/a><\/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 wonders what is wrong with Washington. When I read the headlines, &#8220;Judge outlaws health bill,&#8221; I knew immediately it was the bit about <strong>forcing everyone to buy <\/strong>health insurance. Surely, if I figured it out,\u00a0 they could have figured that out a long time ago. I&#8217;m not rocket scientist. Jack Kennedy said it best, &#8220;Washington is 8 square miles surrounded by reality.&#8221;<\/p>\n<p style=\"text-align: left;\">I knew about Lululemon and Panera a while back. I didn&#8217;t buy them. I thought them way overpriced. I was wrong. I need to revisit ultra-hot stocks. In this Momentum Market, hot stocks are running.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>That was my bond broker speaking. There is logic in his words. If you&#8217;re getting a high tax-free yield &#8212; in PNYIX&#8217;s case over 6%&#8211; then you can take a little principal volatility. I&#8217;m down about 2.7%. It&#8217;s happened before. The key is to not to freak out excessively. Freaking out excessively is not necessarily [&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-5055","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=\/wp\/v2\/posts\/5055","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=5055"}],"version-history":[{"count":0,"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=\/wp\/v2\/posts\/5055\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=5055"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=5055"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=5055"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}