Harry Newton's In Search of The Perfect Investment
9:00 AM EST, Friday, August 29, 2008: Money
magazine headlines "21 Good Things to do in a Bad Market."
Turn off CNBC.
Read a good book. They like "Your Money and Your Brain" by
former Money writer Jason Zweig.
+ Ditch energy
+ Make sure your
cash is really safe.
+ Keep your living
+ Save more.
+ Think about
something besides money. "Happiness is not something to acquire and save
up. It's something you pursue."
My advice for
this long weekend is simple, Hug the family. Play and watch lots of tennis.
Go swimming. Avoid drowning.
people. From MarketWatch,
"Of the roughly $250 billion Wall Street profit made between 2004 and 2007,
half has been all but wiped out by asset write-downs. The value of U.S.
brokerages, as measured by the Amex Securities Broker/Dealer Index has tumbled
incredible new Nikon D90:
David Pogue says "the new Nikon D90 is a mind-blowing, game-changing camera."
When Pogue gets excited about new technology, he's usually right. Read his entire
York Times review.
of America Alert." This email wants me
to "restore your account." Ignore it. Delete it. It's fake. It's looking
to scam your social security number and rip you off.
your "new" laptop. True story. Several
employees were issued laptops containing porn. When the porn was discovered,
the employee was fired. They didn't even know it was on the laptop. Lesson:
Check your laptop's contents before you use it.
Word 2007 uses a new file format. It's called DOCX. You can't open
DOCX files in old versions of Word. Convert them at www.docx2doc.com/.
Improving Decisions About Health, Wealth and Happiness: Synopsis
of this new book: A groundbreaking discussion of how we can apply the new science
of choice architecture to nudge people toward decisions that will improve their
lives by making them healthier, wealthier, and more free.
From the New York
Times review, "Along the way the authors present fascinating findings about
how people actually make decisions, together with lots of personal advice: save
more, diversify your investments, dont invest much in your employers
stock, dont pay points on mortgages, buy insurance with the biggest deductible
you can afford, dont pay for extended warranties."
fax machines are four times better than one. It
makes far more sense from a traffic engineering point of view to have banks
of fax machines than to give everyone their own machine. If that doesn't work
politically, at least give everyone two fax machines. That way people
like me can send you faxes and not receive the inevitable busy.
for Firefox is interesting. "Ubiquity's
goals are to:
+ Empower users
to control the web browser with language-based instructions.
+ Enable on-demand,
user-generated mashups with existing open Web APIs.
I'm not using
Ubiquity. But it's worth watching the short video
to see how they're making the Internet more useful.
The great new
invention. Beating a path to our door.
the job, please. Why do contractors insist
on dragging the job on forever? Please explain to my tiny brain the New Psychology
of Incompletion. Perhaps they love hearing my mellifluous voice on their answering
machines goading them into action?
of good tennis to watch this weekend. And fortunately a respite from
politics. Watch the tennis in high definition. My best setup is DirecTV and
a 61 inch Samsung DLP (now down to an amazingly low $1640 on Amazon.)