Another Timing Approach

Another technique which is similar to timing is to set a goal for a particular investment. If it is a stock fund that might be 10% per year. After a year if the fund hasn’t gone up 10% you put enough money in to bring it up to 10% more. If it has exceeded 10% you sell enough shares to bring it back down to the target. This assures that you buy during downturns and sell during peaks. But the problem with it is that it assumes you have cash on the sidelines available to prop up poorly performing investments.

If you wanted you could do the adjustments on a quarterly basis rather than yearly and the results should be better. This wouldn’t really work with my deferred compensation account since I don’t have cash available and have to make regular rather than lump sum payments. So I might try it with some of my other mutual funds starting on June 1 meaning my first adjustment wouldn’t be until September 1.

Jump the Shark

I was writing a blog entry today about The Flintstones and needed to do some fact-checking and found a web site about TV shows called Jump the Shark. The purpose of the site is to let people share their opinion on when a TV show peaked (or really hit bottom). The title is based on when Fonzi jumped the sharks on Happy Days (wearing his leather jacket). Some people say shows never jumped the shark, but opinions differ. One funny aspect is that brand new shows quickly get entries. It’s always good to the be so cool that you realize a show is tired before anyone else so people start off pretty early.

One funny observation on Gilligan’s Island (which was only on for 3 years) was that the professor should have confessed that he could have gotten them off the island on the first day but a geek like him would never have had a chance with women like Ginger and Mary Ann back on the mainland.

Anyway, it’s funny to read people remembering the shows although some of it is not for kids.

Flintstones U

On one episode of The Flintstones Fred changes places with a millionaire who wants a taste of the normal life. Fred says he couldn’t possibly run a corporation but J. L. Gotrocks says it’s easy: You just go to the meeting and when they bring something up you say “Whose baby is that?” then “What’s your angle?” then “I’ll buy that.”

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Kangaroos

One of the Georgia’s little known attractions is the Kangaroo Conservation Center near Dawsonville. They have about 200 kangaroos there. The primary purpose of the place is breeding kangaroos to supply zoos, but they run a decent tourist business as well. A tour is about 2 hours. Part of that time is inside and where they introduce you to the different kinds of kangaroos and wallabies they have. They just let them run around an enclosed area with you, but they typically don’t come real close. They are very gentle animals and look a lot like deer when they’re not hopping around.

They also showed off a kookaburra and a very tiny antelope called a dik-dik. Dik-diks are territorial and mark their territory by rubbing a gland under their eye on anything that sticks out like a limb. They told us to stick out our fingers and some of the dik-diks marked people’s fingers with a tarry little blotch (one marked Susan’s finger, but not mine). Here’s a picture I took later of a dik-dik being curious through the pen fence. Their noses are very flexible and they can bend them around easily. They are very, very cute and about the size of small dog.

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