Why Your Portfolio Needs Plenty of Stocks, Whatever Your Age

If you enjoy an antidote to “common wisdom” read the following from David Levine which is the first of two articles in the NYT.

“WHEN I went to work on Wall Street in 1972, it was an article of faith that older investors should own less common stock than young ones. One rule of thumb suggested that your equity exposure should equal 100 percent minus your age: 70 percent for a 30-year-old, for example, but just 35 percent for someone who is 65.

“Since then, investment practices have evolved considerably, but on the question of how much common stock to own — the single most important question governing investment returns — not much has changed.

“Typical recommendations nowadays propose greater equity exposure than they did 40 years ago, but it is still the overwhelming view among investment counselors that people should reduce their holdings of common stock and beef up their ownership of bonds as they grow older.

“Problem is, it wasn’t very good advice back then, and it’s still poor advice today.

“I know this opinion puts me in the minority, but if you are a retiree or nearing retirement, you should hear me out.

“Let’s begin with the standard view today.”

 Click here for the full article from the NYT.

Posted in Finance | Comments Off on Why Your Portfolio Needs Plenty of Stocks, Whatever Your Age

“Chronicles of Solitute” from the National Art Gallery of Denmark – at the Frye

Frye Museum

Masterworks by Vilhelm Hammershoi (1864-1916) are on display at the Frye. A master of atmospheric and psychological interiors, German critic Georg Biermann described Hammershoi as a “modern Nordic Vermeer.”

Posted in Art | Comments Off on “Chronicles of Solitute” from the National Art Gallery of Denmark – at the Frye

Is Rudy Giuliani Losing His Mind?

From Politico.com: “All summer long, Rudy Giuliani has acted as if he’s in a contest with Donald Trump to prove who the most manic 70-something from the outer boroughs really is. It started at the Republican National Convention in Cleveland, where Giuliani raved and gesticulated about the podium like an Aztec priest offering up fresh beating hearts to Quetzalcoatl. He blamed President Obama for any and all racial division in the United States—“What happened to one America?!”—and Obama and Hillary Clinton for virtually every attack by Islamic terrorists over the past four years.

“There’s no next election. This is it! There’s no more time left to revive our great country,” he concluded apocalyptically, so overwrought that he seemed about to work himself into a stroke, barely able to get out or articulate words and simply shouting, “Greatness!” near the end of his speech.

Click here for the full article.

Posted in Politics | Comments Off on Is Rudy Giuliani Losing His Mind?

The view last year (before Fifth and Columbia building)

August 2015

Posted in Uncategorized | Comments Off on The view last year (before Fifth and Columbia building)

An odd way to earn your stripes

The Fifth & Columbia building is now providing a textbook example of decoration that makes a building look even more sturdy than it really is. 

Look at those diagonals on the twisty building. In this picture, we see at top the actual structural steel diagonal, about the same size and strength as the horizontals and verticals. 

Coming up from the bottom are the glass panels which are set in those white horizontal tracks. The glass is outside of all that structural steel. 

Now observe the bigger diagonal coming up to mimick the enclosed diagonal. It is tacked on outside the glass and simply decorative so far as I can tell. It is much bigger and so conceals the actual dimensions of the diagonal steel which you can see where the outer diagonal ends. 

Now if this were a poor country without any way to enforce building codes, I’d worry that this was deception in aid of cheating on the steel specified and paid for. Not a chance here. 

Why do developers use such “decoration” that could be misused if the plans were pirated?

Posted in Uncategorized | Comments Off on An odd way to earn your stripes

Fred Hellerman, Last of the Weavers Folk Group, Dies at 89

Click here for the NYT article.

Posted in Remembrances | Comments Off on Fred Hellerman, Last of the Weavers Folk Group, Dies at 89

Winter in Seattle – remembering when

Posted in environment | Comments Off on Winter in Seattle – remembering when

The umpire’s call

Image result for new yorker cartoons

Posted in Humor | Comments Off on The umpire’s call

All about glaucoma

The optic nerve

This rather mysterious condition is well presented in this NIH document.

Here’s a brief excerpt: “Several large studies have shown that eye pressure is a major risk factor for optic nerve damage. In the front of the eye is a space called the anterior chamber. A clear fluid flows continuously in and out of the chamber and nourishes nearby tissues. The fluid leaves the chamber at the open angle where the cornea and iris meet. (See diagram below.) When the fluid reaches the angle, it flows through a spongy meshwork, like a drain, and leaves the eye.

“In open-angle glaucoma, even though the drainage angle is “open”, the fluid passes too slowly through the meshwork drain. Since the fluid builds up, the pressure inside the eye rises to a level that may damage the optic nerve. When the optic nerve is damaged from increased pressure, open-angle glaucoma-and vision loss—may result. That’s why controlling pressure inside the eye is important.

“Another risk factor for optic nerve damage relates to blood pressure. Thus, it is important to also make sure that your blood pressure is at a proper level for your body by working with your medical doctor.” Click here for more.

Posted in Health | Comments Off on All about glaucoma

The residents of First Hill Plaza and the First Hill Improvement Association are co-sponsoring a discussion about homelessness. The program will be located in Anderson Hall at Horizon House onTuesday, September 13th from 7:00 – 8:30 PM

David Wertheimer, a recent retiree from the Bill and Melida Gates Foundation will be presenting his knowledge about family stability, mental illness, and homelessness.

During his time at the Bill and Melinda Gates Foundation, David Wertheimer centered his attention towards the structural causes of homelessness and how to respond when the crisis of homelessness occurs. He has worked towards integrating services for those with mental illness.

Space is limited, please contact Alex at alex@firsthill.org to RSVP or get more information.

For the First Hill Newsletter click here.

Posted in In the Neighborhood, Social justice | Comments Off on

The bullpen is busy

Posted in Humor | Comments Off on The bullpen is busy

Aliens have arrived – White Pelicans!

“It was like seeing aliens arrive,” says Ehler, a seasonal biologist with a degree in ornithology. “It’s unprecedented for them to be here, so something really unusual is happening.”

White pelicans are different from brown pelicans, a more common summer visitor to coastal Washington. The white pelicans’ range stretches across much of the country but not into Western Washington.

Posted in Nature | 1 Comment

Norm Stampler at Town Hall 7:30 PM, Wednesday, September 7

NormLarger

from Crosscut: “Following the Seattle WTO protest in 1999, Seattle Police Chief Norm Stamper resigned from his position. Now, 16 years later he has become a writer and activist on police reform and justice. Stamper comes to Town Hall (from his home on the San Juan Islands) to read from his latest book, the enlightening,stirring To Protect and Serve: How to Fix America’s Police. Starting with the history of policing in the U.S., Stamper builds up from this flawed foundation to paint the police force we see today — one, that in many cities, is plagued by corruption, militarization and increased violence against society’s most disadvantaged…”

Posted in Social justice | Comments Off on Norm Stampler at Town Hall 7:30 PM, Wednesday, September 7

Feeding tubes in dementia can be harmful

“Change can come slowly in medicine, but it does come. In 2013, the American Geriatrics Society updated its recommendations against feeding tubes for older patients with advanced dementia. The Choosing Wisely campaign, which publishes lists of procedures and tests that patients and families should question, and the Alzheimer’s Associationhave taken similar positions.

“Now, families and physicians seem to have gotten the sorrowful message: Dementia is a terminal disease. Eating and swallowing problems eventually plague almost everyone who has it. Feeding tubes don’t help. In fact, they can make matters worse.”

Click here for the NYT article.

There are a number of other things that seem interfere and even worsen the care and comfort of patients with dementia: transfer to an ER or hospital, needle sticks, any restraints, room change, etc. So often less intervention may be better care.

Posted in Health | Comments Off on Feeding tubes in dementia can be harmful

Terrific Ability

Image result for new yorker cartoons

Posted in Politics | Comments Off on Terrific Ability

Employee Appreciation Fund (EAF) 2016 Drive – beginning soon

From the EAF Organizing Committee:

“The 2016 Skyline Employee Appreciation Fund will begin in earnest at the SRA Quarterly Meeting on October 13.  The success of this six-week drive is totally dependent upon each resident in Skyline making a donation that is a statement about how very much we each value our staff.  It is an opportunity to say “thank you” and to deepen our sense of community among our residents as we volunteer together to make the employee party in December a culmination of time, resources and affection for all those who add to the quality of all our lives.”

Posted in In the Neighborhood, Skyline Info | Comments Off on Employee Appreciation Fund (EAF) 2016 Drive – beginning soon

Let’s Hire a Consultant

I’ve been told that the definition of a “consultant is an SOB from out of town with a briefcase and a slick PowerPoint presentation – who makes more money than you do.” Can you expand on this from your own experiences?

Posted in Humor | Comments Off on Let’s Hire a Consultant

An Islamic Radical who changed his mind

An Islamic Radical who changed his mind. Click here for the video.

WASHINGTON — In the four years that he ran the Revolution Muslim website out of his walk-up apartment in Flatbush, Brooklyn, Jesse Morton became one of the most prolific recruiters for Al Qaeda, luring numerous Americans to the group’s violent ideology.

The men and women he inspired through his online posts and tutorials were accused of plots that included flying a remote-controlled plane strapped with explosives into the Pentagon and trying to kill a Swedish cartoonist who satirized the Prophet Muhammad. One of hiscollaborators was killed in a drone strike in Yemen, where he had joined Al Qaeda in the Arabian Peninsula. Several are now fighting for the Islamic State.

“We were looking for the lions,” he said, explaining how he would often recruit right outside mosques, “and left them the lambs.”

Mr. Morton, 37, is now at the forefront of an experiment to counter the pull of groups like the Islamic State and Al Qaeda. After a stint as an F.B.I. informant and his release from prison last year, Mr. Morton has been hired as a fellow at George Washington University’s Program on Extremism, where he will research the very ideology he once spread.

Although countries like Britain have for years been putting former extremists to work in think tanks to provide authentic voices against radical ideology, Mr. Morton is the first former jihadist to step into this public a role in the United States.

That has not come without some anxiety for his new employer, said Lorenzo Vidino, the director of the extremism program at George Washington’s Center for Cyber and Homeland Security. Dr. Vidino met with Mr. Morton after his release in February 2015, beginning a yearlong vetting process that involved interviewing seven law enforcement officials directly involved in his case.

“There was not a single dissenting voice,” Dr. Vidino said.

In an interview with The New York Times this month, after he was asked why anyone should believe he had truly changed, Mr. Morton insisted that he was trying to make amends.

“As many people as may have traveled, or may have committed criminal acts, because of my words, I hope that I can deter just as many,” he said. “I may never be able to repair the damage that I have done, but I think I can at least try.”

Click here for the full article from the NYT.

Posted in Politics, Social justice | Comments Off on An Islamic Radical who changed his mind

Has the Philippines led the way in electing a demagogue?

As Mayor of Davao City, Rodrigo Duterte ran on an anti-crime and anti-corruption platform. But he governed in a unique way. He would personally go around the city and shoot suspected criminals. As a result Davao became a lovely southern city. But at what cost?

From Wickepedia: “Nicknamed “The Punisher” by Time, an alleged vigilante group called the Davao Death Squad has been tied to Duterte by human rights organizations and are responsible for the extrajudicial killings of suspected drug dealers.[11][12] Duterte has drawn criticism from various sources, particularly the press and the Philippine National Police leadership in the Aquino government, which contest the effectiveness of his policies.[13]

On May 9, 2016, Duterte won the Philippine presidential election, garnering 16,601,997 votes (39.01% of total votes cast, and 6.6 million votes ahead of closest rival Mar Roxas).[14] “

Manila (AFP) – “Philippine President Rodrigo Duterte, who is waging a bloody war on crime, has justified the large-scale killing of drug users by suggesting the victims were not human.

Continue reading

Posted in Health, Politics, Social justice | Comments Off on Has the Philippines led the way in electing a demagogue?

Allergic reaction

Cartoon

“He’s having an allergic reaction! Does anybody have a checkbook?”

Posted in Humor | Comments Off on Allergic reaction

The Mount Rainier Sunset

Here’s the view from that tall building next to Park Shore. 

Posted in Uncategorized | Comments Off on The Mount Rainier Sunset

Wille Nelson – Rare Video Recording (1962)

 

Posted in Music | Comments Off on Wille Nelson – Rare Video Recording (1962)

“Election Fever” – another chance to view the performance

 

Image result for election fever

From Ann Milam: A number of you have enquired about a repeat performance of “Election Fever,” which we enjoyed here on August 19.

This was the world premiere of Linda Kitchen’s hilarious creation, also known as “Trump It,” a pastiche of melodies from some 20 operas with new lyrics about current election events. This wonderful romp featured Kimberly Giordano (Hillary Clinton , Nerys Jones (Megyn Kelly), Brendan Tuohy (a hilarious Trump in a very believable wig), Jose Rubio (Marco Rubio and Bernie Sanders) and Li-Tan Hsu (pianist).

These performers will reprise this production on Thursday, September 15, 7pm – 9pm at the Kirkland Performance Center. (350 Kirkland Ave, Kirkland, WA 98033)

The evening will also feature a second new composition by Linda Kitchen: Kimberly and Nerys will present the US première of “Flora & Dora” – post-Così fan tutte, with a twist in the tail!

Tickets: http://www.kpcenter.org/event/flora-dora/

Posted in On Stage, Politics | Comments Off on “Election Fever” – another chance to view the performance

A Two or Three Bedroom in Vancouver?

Posted in Humor | Comments Off on A Two or Three Bedroom in Vancouver?

Reasons to be optimistic about the Northwest

Who are the folks who really make a difference and make us optimistic? Here are some criteria from Crosscut.

“They’re giving up. Giving up their privilege in order to advocate for those without. Giving up their spotlight to elevate untold stories. Giving up their roles to let others take the lead.

“They refuse to accept the status quo, and face a climate of intolerance and polarization with an approach of civility and openness.

“They’re forcing us to have uncomfortable conversations, banning discrimination in our rental housing, and rewriting history.

“After experiencing loss — of their home country or a family member — they’re laying the groundwork so that others won’t suffer as they do.

“They’re fighting the battles that others walk away from, and holding themselves, police and those in power accountable.

“They’re taking the long view and making unpopular decisions.

“They’re applying love and scientific innovation to address the abuse and neglect of our children, and to give hope to the countless youth struggling with addiction or mental illness on the street. And they’re building a safer, more equitable Northwest.”

Click here to find out who the nominees are!

Posted in In the Neighborhood, Social justice | 1 Comment