{"id":5570,"date":"2011-01-28T09:12:16","date_gmt":"2011-01-28T14:12:16","guid":{"rendered":"http:\/\/www.technologyinvestor.com\/?p=5570"},"modified":"2011-01-28T10:16:56","modified_gmt":"2011-01-28T15:16:56","slug":"cash-burns-a-hole-in-your-pocket-be-happy-you-still-have-the-cash","status":"publish","type":"post","link":"https:\/\/www.technologyinvestor.com\/?p=5570","title":{"rendered":"Cash burns a hole in your pocket. Be happy. You still have the cash."},"content":{"rendered":"<p style=\"text-align: left;\">A breather or the beginning of a major pullback? Gold is on sale and will soon become a great buy. This is a one-year chart:<\/p>\n<p style=\"text-align: left;\"><a href=\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2011\/01\/GoldOneYear2.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-5586\" title=\"GoldOneYear2\" src=\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2011\/01\/GoldOneYear2.jpg\" alt=\"\" width=\"647\" height=\"285\" srcset=\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2011\/01\/GoldOneYear2.jpg 647w, https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2011\/01\/GoldOneYear2-300x132.jpg 300w\" sizes=\"auto, (max-width: 647px) 100vw, 647px\" \/><\/a><\/p>\n<p style=\"text-align: left;\">Personally I&#8217;ve sold some of my gold ETFs and kept only a very little.<\/p>\n<p style=\"text-align: left;\">My friends with savings wonder to do with their cash.They fear for equities and for bonds. Personally I think equities are cheap. Earnings are rising strongly. P\/Es are historically low. We are in the third year of a presidential term heading into the 2012 elections.  Third years are usually the strongest years for equities.<\/p>\n<p style=\"text-align: left;\">But cash remains King. A healthy balance sitting in a bank paying virtually nothing is a comfortable, though boring way, to preserve your capital. Keep reading.<\/p>\n<p style=\"text-align: left;\"><span style=\"color: #0000ff;\"><strong>Implications of Middle East Unrest?<\/strong><span style=\"color: #000000;\"> Oil to skyrocket?<\/span><span style=\"color: #000000;\"><span style=\"color: #000000;\"> <\/span>Stockmarkets to crash? Unrest is traditionally not good<\/span><\/span> for markets. This unrest could pull down a bunch of governments. Think Tunisia, Yemen, Jordan and Egypt. Maybe Saudi Arabia? All dictatorships and all supported by our aid and our military. What happens to our foreign policy? Chaos? Do those countries become another Iran and hate us? Uncertainty is the bane of financial markets.\u00a0 My favorite quote:<\/p>\n<p style=\"padding-left: 30px; text-align: left;\">CAIRO\u2014President Hosni Mubarak&#8217;s ruling party said it is ready to open a dialogue with the youths who have staged three days of antigovernment protests.<\/p>\n<p style=\"padding-left: 30px; text-align: left;\">Safwat El-Sherif, the secretary general of the National Democratic Party, also called Thursday for restraint by the security forces and protesters during a rally planned for after Friday prayers.<\/p>\n<p style=\"padding-left: 30px; text-align: left;\">However, Mr. el-Sharif, a longtime confidant of Mr. Mubarak, didn&#8217;t offer any concessions to the protesters demanding the longtime president&#8217;s ouster nor suggest that steps would be taken to address their complaints about poverty and unemployment.<\/p>\n<p style=\"padding-left: 30px; text-align: left;\">&#8220;The minority does not force its will on the majority,&#8221; he said.<\/p>\n<p style=\"text-align: left;\">Footnote: Mubarak has been in power for 30 years. He was &#8220;elected&#8221; by a landslide vote of 80%. Such a popular man.<\/p>\n<p style=\"text-align: left;\"><span style=\"color: #0000ff;\"><strong>Spi<\/strong><\/span><span style=\"color: #0000ff;\"><strong>tting blood over Microsoft&#8217;s crappy products.<\/strong><span style=\"color: #000000;\">I fantasize that Windows 7 is better than XP. I fantasize that Office 2010 is better than Offoce 2003. How can one of the world&#8217;s largest companies <strong>NOT<\/strong> make its newer products better than its older products? Heck, it&#8217;s got 89,000 employees and $50 billion in cash. <\/span><\/span><\/p>\n<p style=\"text-align: left;\"><span style=\"color: #000000;\">Well, my fantasies are nonsense. Wishful thinking.After busted hardware messed up my working XP hard drive, I experimented with Windows 7 and Office 2010. Yuch! That&#8217;s my conclusion. Yuch! There&#8217;s too much changed without any apparent user advantage. Cosmetic change. Put on a pretty face and the customers will swarm, like bees to the pollen. That&#8217;s how Microsoft thinks today.<br \/>\n<\/span><\/p>\n<p style=\"text-align: left;\"><span style=\"color: #000000;\">My needs are simple: Having worked years with XP and Office 2003, I expect an upgrade to be painless. It&#8217;s not. I expect some new advantages. There aren&#8217;t any. <\/span><\/p>\n<p style=\"text-align: left;\"><span style=\"color: #000000;\">I used to search instantly in Office 2003 using a brilliant plug-in called Lookout. Microsoft bought Lookout and killed it. I searched for a phone number on Outlook 2010 and got this error message &#8212; I don&#8217;t make this stuff up &#8212; &#8220;Outloook is currently indexing your items. It has 23,655 items remaining to be indexed.&#8221;<\/span><\/p>\n<p style=\"text-align: left;\"><span style=\"color: #0000ff;\"><span style=\"color: #000000;\">Microsoft just reported its earnings. They were disappointing. <\/span><\/span> It saw a slight drop in net income for the fiscal second  quarter on a 5% increase in revenue,<span style=\"color: #0000ff;\"><span style=\"color: #000000;\">This stock is going nowhere until it gets a new CEO\u00a0 &#8212; one with Vision. <\/span><\/span><\/p>\n<p style=\"text-align: left;\"><span style=\"color: #0000ff;\"><strong><a href=\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2011\/01\/MicrsoftOverFiveYears.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-5584\" title=\"MicrsoftOverFiveYears\" src=\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2011\/01\/MicrsoftOverFiveYears.jpg\" alt=\"\" width=\"642\" height=\"252\" srcset=\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2011\/01\/MicrsoftOverFiveYears.jpg 642w, https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2011\/01\/MicrsoftOverFiveYears-300x117.jpg 300w\" sizes=\"auto, (max-width: 642px) 100vw, 642px\" \/><\/a><\/strong><\/span><\/p>\n<p style=\"text-align: left;\"><span style=\"color: #000000;\">But I&#8217;ve said all this before. Why am I wasting your time? <\/span><\/p>\n<p style=\"text-align: left;\"><span style=\"color: #0000ff;\"><span style=\"color: #000000;\">Stupidity is doing the same thing a second time and expecting the result to be different. My fiddling with new Microsoft software gives stupidity a whole new meaning.<\/span><\/span><\/p>\n<p style=\"text-align: left;\"><span style=\"color: #0000ff;\"><span style=\"color: #000000;\">Please don&#8217;t email me, &#8220;Harry, so get a Mac.&#8221; <\/span><\/span><\/p>\n<p style=\"text-align: left;\"><span style=\"color: #0000ff;\"><span style=\"color: #000000;\">I have a Mac, an iPad, an iPod and a iPhone. I love Apple&#8217;s stuff. But there are real reasons why I continue to use my trusty XP with Outlook 2003, and some software I crafted myself for my dictionary writing.<br \/>\n<\/span><\/span><\/p>\n<p style=\"text-align: left;\"><span style=\"color: #0000ff;\"><strong>An amazing world. <\/strong><span style=\"color: #000000;\">A <\/span><\/span><span style=\"color: #0000ff;\"><span style=\"color: #000000;\">friend is unhappy with Obama. She made this clip (her first). She uploaded it to YouTube.<\/span><strong><br \/>\n<\/strong><\/span><\/p>\n<p style=\"text-align: left;\"><span style=\"color: #0000ff;\"><strong><a href=\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2011\/01\/WE-The-People-2.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-5580\" title=\"WE-The-People-2\" src=\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2011\/01\/WE-The-People-2.jpg\" alt=\"\" width=\"450\" height=\"373\" srcset=\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2011\/01\/WE-The-People-2.jpg 450w, https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2011\/01\/WE-The-People-2-300x248.jpg 300w\" sizes=\"auto, (max-width: 450px) 100vw, 450px\" \/><\/a><\/strong><\/span><span style=\"color: #0000ff;\"><strong><br \/>\n<\/strong><\/span><\/p>\n<p style=\"text-align: left;\"><span style=\"color: #000000;\">With virtually no P.R., it&#8217;s had over nine million hits. YouTube offered her money to run a small advertising clip at the beginning. She declined &#8212; but will for her next video. To see the video on YouTube, click<\/span><strong> <a href=\"http:\/\/www.youtube.com\/watch?v=JVAhr4hZDJE\" target=\"_blank\">here.<\/a><br \/>\n<\/strong><\/p>\n<p style=\"text-align: left;\"><span style=\"color: #0000ff;\"><span style=\"color: #000000;\"><span style=\"color: #0000ff;\"><strong>The Australian Tennis concludes this weekend. <\/strong><\/span>This morning&#8217;s incredible match between David Ferrer and Andy Murray will be replayed later today on ESPN2. Please watch the Men&#8217;s Final on Sunday.<\/span><strong> <\/strong><\/span><\/p>\n<p style=\"text-align: left;\"><strong>Fri, Jan 28<\/strong><br \/>\n3 \u2013 6 pm \u2013 Men\u2019s Semifinal #2- <strong>ESPN2<\/strong> \u2013 ReAir<br \/>\n11pm \u2013 1am \u2013 Women\u2019s doubles final  \u2013 <strong>Tennis Channel<\/strong> &#8211; LIVE<br \/>\n<strong>Sat, Jan. 29<\/strong><br \/>\n3 \u2013 5:30 am \u2013 Women\u2019s Final \u2013 <strong>ESPN2<\/strong>&#8211; LIVE<br \/>\n9 \u2013 11 am \u2013 Women\u2019s Final \u2013 <strong>ESPN2<\/strong> \u2013 ReAir<br \/>\n10 pm \u2013 MID \u2013 Women\u2019s Final \u2013 <strong>ESPN2<\/strong> \u2013 ReAir<br \/>\n5:30am \u2013 7:30am \u2013 Men\u2019s Doubles Final <strong>Tennis Channel<\/strong> &#8211; LIVE<\/p>\n<p style=\"text-align: left;\"><strong>Sun, Jan 30<\/strong><br \/>\n3 \u2013 6:30 am \u2013 Men\u2019s Final \u2013 <strong>ESPN2<\/strong>&#8211; LIVE<br \/>\n10 am \u2013 2 pm \u2013 Men\u2019s Final \u2013 <strong>ESPN2<\/strong>&#8211; ReAir<br \/>\n7 \u2013 10 pm \u2013 Men\u2019s Final \u2013 <strong>ESPN2<\/strong>&#8211; Re-Air<br \/>\n12:30am \u2013 2:30am \u2013 Mixed Doubles Final \u2013 <strong>Tennis Channel<\/strong> \u2013 LIVE<\/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 how Obama can say we&#8217;re safer now. I took Susan to Kennedy Airport a few days ago. I was carrying a huge backpack. It had my tennis gear. I made it through the parking lot and the airport to Security. No one checked my backpack. I could have detonated it in the same place the suicide bomber did recently in Russia. Or I could have simply left it in the entrance hall and detonated from outside the airport with my cell phone. The Israelis check you outside the airport. Why not us?<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A breather or the beginning of a major pullback? Gold is on sale and will soon become a great buy. This is a one-year chart: Personally I&#8217;ve sold some of my gold ETFs and kept only a very little. My friends with savings wonder to do with their cash.They fear for equities and for bonds. [&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-5570","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=\/wp\/v2\/posts\/5570","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=5570"}],"version-history":[{"count":0,"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=\/wp\/v2\/posts\/5570\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=5570"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=5570"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=5570"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}