Protecting English Speakers in Siberia

A Bloomberg article this morning revolved around the outrage of the Russian Premier with the United States for being the world’s bully; and the country responsible for most of the carnage going on. Of course he glosses over the iniquities of his administration’s aggressions in other nearby countries, and his relentless efforts to constrain the freedoms now enjoyed by Russia’s citizens since their own revolution. It seems to me that the real picture is pretty evident to every thinking person who cherishes human dignity, rights, and freedom of expression. So, I thought that poking a little fun at his antics might help.

It is time to consider protecting English speakers in Eastern Siberia after the provocative failure of Russia to take action there. It seems all Putin can think of (besides seizing the Ukraine and Georgia) is a territorial grab in the Arctic, with a view to seizing any deposits of petroleum and precious minerals exposed as the ice sheets that have covered the region for millennia shrink and melt away. Of course, Russia isn’t the only country with its eye on the prize. Fortunately, we have a buffer country in Canada that is making moves on its own and will likely setup mining and drilling ventures as fast as it can with a view to boosting its economy and becoming less dependent on the Americans for modern TV shows and tourist dollars. I’ve been told that if the Americans interfere, they plan on holding Santa Claus hostage, thus wrecking the U.S. economy.

If you think that there are few if any English speakers in the region, you would be mistaken. Consider the seals who praise our handsome black president; if you crouch out of sight on the edge of an ice hole, you can hear them barking ‘Barack! Barack! as they slip and slide away from the hungry Polar bears. This is enough of a reason to move forward across the Bering strait towards the Kamchatka Peninsula. The time to do this is now, while Putin is distracted by the horrific resurgence of the Nazi party.

I read this morning that, “Our joint obligation is to oppose the glorification of Nazism and attempts to revise the outcome of the World War II,” Putin said in a Politika interview, warning of rising “neo-Nazism” in the Baltics and Ukraine. He is watching closely for any signs that the former Baltic members of the Soviet Union might install American missile defense equipment and give him the finger. 

He did, however, make a token gesture towards the Arctic by once again ordering the seizure of Greenpeace protesters fleeing in their submarine that was under attack by giant squid ( see: http://www.ctvnews.ca/sci-tech/huge-squid-filmed-attacking-greenpeace-submarine-1.2051509 ) and this time strapping them and an assortment of domestic homosexuals on the front of several Russian fishing boats which are now cruising back and forth near the coast of Alaska, stealing crab traps and mowing down the hoards of gold rush adventurers sucking up nuggets from the ocean floor with their cobbled-together dredges.

 

Doomsday Preppers

Are you a fan of the popular TV show, ‘Doomsday Preppers”?  Do you have a ‘bug-out’ bag ready to toss into your car or put on your bag when you decide to run like hell from the zombies? Well, you need to give this business a whole lot of thought. While preparedness is a virtue, poor planning is not. Preparing for a pandemic from Ebola is a different proposition from preparing for displaced mobs hungry for your goodies. Many ‘Preppers’ spend thousands for bomb shelters and stock them with everything imaginable, not realizing that if their shelter is discovered, it WILL be penetrated; especially if the invaders have RPG rocket launchers, poisonous gas cartridges to discharge into exposed air vents or earth-moving equipment running on the last of the available fossil fuels.

So, bomb shelters are only a temporary and problematic solution. And, living in fear in the meantime may trigger long-term mental illness. I read an article this morning that touched on this subject, and revealed that some extremists actually spend all of their savings on prepping instead of saving for retirement. This is a very bad choice and actually diminishes their prospects for long term survival. Here is on company’s idea of a bug-out bag contents:

 

 While many of these items are dandy to have, some become dead weight such as guns without ammo. I would call this a ‘Feel Good’ kit good for the first few miles.

 So what should you do to protect you and your family for many hard years ahead?

Let’s consider self-sufficient living on a farm for a moment. You may have all the seeds you need to get you going. But agriculture is a group enterprise. Someone needs to guard the crops against all comers— a village of like minded souls that you can trust, and it also requires that you remain stationary throughout the year. So, this option will follow the same path as human took when they first evolved a culture to support villages and agriculture in the Levant. This could take centuries to come back after a collapse of civilization. You need to focus on the here and now. This means living in absolute secrecy in a hand-to-mouth existence. You must become a hunter/gatherer, moving around to places that are seasonally rich in the plants you want for food. You don’t have the luxury of attending the US Air Force Survival School at Fairchild AFB, Washington. The next best thing is to purchase the Air Force Survival Training Manual reprint available on Amazon.com and other websites.

Then you need four additional books.

The first is a Pocket Field Guide to edible plants in your region. Illustrations and photos, please. The one I have is ‘Nature Bound’ ISBN: 0-9609776-7-8. It also includes info on general survival and poisonous plant identification. The second book would be on Emergency War Surgery. A free PDF version is available at:  http://www.pdfebooks.mobi/emergency-war-surgery-PDF–1941039/

Shop around for a compact version you can put in your bug-out bag.

The third is a guide to tracking animals. This is extremely important for hunting, avoiding predators, and identifying those you can kill and eat. The one I have is A Field Guide to Animal Tracks by Olas J. Murie. ISBN 0-395-18323; It is compact, lightweight, and comprehensive in content. I also recommend a pocketbook titled, ‘The Tracker-a true story of Tom Brown Jr. as told to Jon Watkins. ISBN: 0-42504222-7 If you get good at this you can identify the animal, know what it was doing at the time, and how old the tracks are.

The last is a book on the primitive inhabitants and their lifestyle for the region you live in or are going to. Nothing beats the knowledge obtain by people of the distant past through bitter experience. The one I have is ‘Survival Arts of the Primitive Paiutes’ by Margret M. Wheat’ ISBN: 0-87417-048-6. If you live in the American Southwest (particularly Utah & Nevada’s ‘Great Basin’ region) this book is worth its weight in gold.  These books in the aggregate weight very little and are easy to justify for use in your bug-out bag.

Finally, practice doing the things you need to learn with your family. Do it on vacations, weekends, and any free time you can spare. Your lives may depend on it. The goal is to become invisible to all of the Rambos and nutcases roaming the forest, mountains, or desert. Learn how to set traps and kill silently. Learn how to hideout and hide your tracks. And bide your time. Stay out of cities, travel at night if possible and don’t join groups unless you absolutely have to. And, if you do, you will be bringing needed skills to the group so that they don’t enslave or eat you anytime soon.

 

Hunter Gatherer shelter and dugout canoe

Image courtesy of Wikipedia

 

 

 

The Secret to Stock Market Investing Success

I basically retired at age 64 (ten years ago) and I am pleased to report that I still have as much in my retirement IRA & savings as I had when I first retired. How can this be? Well, first of all, I put myself on a tight budget that I have followed as if it were Holy Scripture. Secondly, when I retired I did it when I was totally free of debt; including long years of paying a mortgage on my home and my propensity for buying very fast Mercedes Benz sports cars, and traveling to exotic vacation destinations around the world.

So, where did I get the extra money to do all of this and still have a zero change in my savings? Part of my goal setting process was to establish an inviolate rule: I must make enough to indulge my extravagant behavior and compensate for the reduction of my savings. The magic number was 5% of my total funds saved for retirement. I figured this would be sufficient in an economic environment where the banks might collapse any day, and the prospect for raging inflation was subdued for the foreseeable future.  Obviously this ‘rule’ is a variable and can only be referred to in terms of the moment.

Nonetheless, this regimen seems to have worked okay so far.

So, what did I do to accomplish this objective? I taught myself to be a greedy and opportunistic stock trader, and took all of my funds away from the brokerage provided IRA investment vehicles of the companies I worked for. I consolidated all of my savings into a single self-directed IRA and put on my green card dealer’s eye shade. I  rolled over 75% of my savings into an on-line IRA trading account with a major on-line brokerage, and kept the rest in CD’s at my credit union in another IRA. The first thing I learned is that the big mutual funds are not your friend when you invest your hard-earned money with them. They do your thinking for you and line their pockets first by taking hefty fees for handling your savings. They also act on information about market conditions (real or imagined) ahead of everyone else and engage in trading through ‘Dark Pools’ during the hours when the markets are not formally open to individuals who want to buy and sell stocks. Even with these advantages, you usually net less profit on your savings than you would get from simply investing in an index fund. I won’t go though all of the bloody details of my on-the-fly financial education, but here is the distillation of my experience so far, and I recommend that you consider my investing criteria when you set off on your own to control your financial future. The technique is to simply calculate and therefore know the intrinsic value of the common stocks you hold or are considering buying. The most accomplished investors are able to recognize the difference between intrinsic value and market price. This knowledge is especially valuable during times when stock markets are inefficiently valuing stocks. When you have a clear understanding of the true worth of any business or asset that you own, you are protected from allowing anyone to take advantage of you.

So, buy good stocks that you have researched thoroughly. Do not trust any published investing advice. The author(s) always have their own investments to protect and their own agenda for guiding your investment choices. While ETFs (exchange-traded funds that target specific sectors) are good and Index funds are better, they can only guarantee average returns (and losses) in a stable market that is not beset with dramatic events and hysteria. Secondly, use the proper criteria for choosing a security to invest in. Bonds are not the best or safest investment right now, so focus on owning a part of a growing, financially successful company. Make sure that the sector(s) it is in has good prospects for the future in spite of social conditions and calamities that you can foresee as being problematic for the safety of your securities. Then, apply this acid test to the companies you are considering:

2% minimum divided yield (valuation)

150% maximum of five-year median forward PE ratio (valuation)

5% minimum annualized revenue-per-share growth for the past three years (growth)

5% minimum annualized earnings-per-share growth for the past three years (growth)

5% minimum annualized dividend-per-share growth for the past three years (growth)

10% minimum return on capital (safety)

10% maximum decline in next year’s projected earnings over the past three months (safety)

35% maximum total debt to capital ratio (safety)

10-year minimum history of dividend payments (safety)

67% maximum payout of earnings (safety)

Lastly, review these criteria constantly for your investments with an eye for any troubling changes. Rent stocks, don’t just buy them. Bail out at the first sign of trouble (check the ex-dividend date for the stock you are buying/selling to collect this extra payment if timing and conditions warrant). And, as you are valued readers of this blog, the best of luck to you!

Action Central for my stock trading

The Paleo Lifestyle

Finally, after hiding for a week in my bedroom closet to avoid the Ebola outbreak, I emerged into the sunlight filtering through the window curtains, and turned on my laptop only to discover that the outbreak is gaining traction. Historically, communicable diseases like Ebola or Smallpox were seldom found in hunter-gatherer groups, and seem to have been confined to the settlements of farmers and herdsmen that lived in squalid, crowded conditions along with their animals.

I began thinking about the dubious benefits of ‘Civilization’, and started to search the Internet for information about alternative lifestyles that might be emerging. Lo and behold, I discovered the burgeoning industry developing around the so-called Paleo Lifestyle concept; that is, living like Paleolithic savages from 10,000 years ago or earlier. The thesis is that it is far more ‘healthy’ than living in say, New York City. The movement even has its own magazine: 

 Now, this thing is becoming a fad and no doubt millionaires are going to be made providing bizarre products to sell to the practitioners, ‘gurus’, and enthusiasts. Well, if you are thinking of joining the movement, here are some fun facts right from the source. I selected the Highlanders of Papua New Guinea as the source, as it is proven that they have been living the ‘lifestyle for over 45,000 years.  Here are a group of gentlemen that practice the art as it has evolved in that inhospitable and remote location:

 

First of all, it should be noted that their diet has little in the way protein and lots of carbohydrates. Their day to day diet consists of  yams, manioc (also known as “cassava”, a plant with a large starchy root) and on occasion meat from village raised pigs, wild cassowary (a large flightless bird related to the emu) or other forest game (such as tree kangaroos and cuscus – a marsupial with a yellow nose and prehensile tail). They also kill and eat each other on occasion, especially after conducting raids to get wives.

And if you visit them, you learn that some tribesmen get a vicious and fatal disease from eating the brains of their victims. Of course, cannibalism is a time-honored tradition of many Paleo peoples around the world, and I am not making fun of any of them. They just reinforce the view that humans are omnivorous and opportunistic feeders. In Africa, they competed with Hyenas and other scavengers on a daily basis for dead carcasses when they couldn’t bring down any live game on their own. The best modern representatives of this ancient lifestyle may be found in the San people of Namibia and South Africa (although these gentle people don’t practice cannibalism– you have to go to the Congo and adjacent countries in central Africa to find this going on.)

So, the lifestyle of ‘Modern Paleos’, as projected in the forgoing magazine, seems to me to be hype to sell more stuff. I think you should pay attention to other opportunities that will present themselves when the supermarket shelves are empty and hungry people start roaming the streets. Here is an example of what I’m talking about:

Wikipedia on Roadkill: It is a practice engaged in by a small subculture in the United States, Southern Canada, the United Kingdom and other Western countries as well as in other parts of the world. Advantages of the roadkill diet, apart from its low cost, are that the animals that roadkill scavengers eat are naturally high in vitamins and proteins with lean meat and little saturated fat, and generally free of additives and drugs.

While this may seem disgusting, It may be a very practical thing to do while you learn to be a genuine hunter-gatherer living the genuine lifestyle of a modern ‘Paleo’. To help you along, here is a recipe book that might be helpful: http://deadfood.com/

Birth of a Salesman

Note: The popular website, LinkedIn, invited me to post some articles which I could later post in my blog if I wanted. So, here is the first one. Let’s see if you like it: 

Birth of a Salesman 

When I transitioned out of the U.S. Air Force in 1963, I took the first job I could find while I got my bearings. It was with the Salt Lake City branch of the Dictaphone Corporation, and my job was that of a technician who repaired customer-owned Dictaphones. In this role I worked mostly at the customer’s location and sometimes in the service center at the office when the problem was too difficult to deal with out of the office. Most of my customers were attorneys, and C-Suite executives. I was expected to dress smartly in a suit and engage in clever conversation to sooth the customer who was always distressed at the lost productivity due to the machine’s malfunction. Learning to handle their feelings was an important aspect of my work. 

When I returned to the office, I could hear the salesmen in their frequent meetings bragging about exceeding quotas or capturing that new and lucrative account. I also admired their new cars, big paychecks and the flashy women they hung out with. I decided that the life of a salesman was for me, but I didn’t know how to get there. My formal training was in electronics and I knew little about sales. I was determined to make my customer clients very happy with me and the company, in the hope that I would get noticed by Dictaphone management. Well, it worked and soon I was promoted to the position of Branch Manager for the state of Montana. I had little in the way of sales training from the home office and no time to get any as I was immediately embroiled in a turf war with the IBM sales force. This is a war that I won. I was one against many, and I attribute my rising success to two things: 

(a)    I learned to trade value for value. I always give clients more than they expected, and I always took the time to uncover the “burrs under the saddle” of my customer base. Quite often, they wouldn’t really tell me how they felt, and what they wanted. So, I 

(b)   Looked around for a guide book that I could read in my off hours, that would better help me serve the customer, reach my personal goals, and beat the competition. 

What I found really opened my eyes and with it, I far exceeded the goals that Dictaphone set out for me every quarter. Here it is: 

 

 

 

You can read this book online at Scribd 

http://www.scribd.com/doc/7323296/Brian-Tracy-Psychology-of-Selling-Manual