Monthly Archives: December 2018

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Hook ten baggers. Little else matters.

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A junior explorer’s chances of making you money in the past decade were about as good as a wild salmon egg’s chances of surviving to hatch.

The score here: 15% for the egg – according to Canada’s Department of Fisheries stats on wild Coho – and 22% for junior explorers listed on the ASX.

These latter junior stats come out of a recent random sample on returns of 100 ASX exploration juniors between July 4, 2004 and July 4, 2014 made by MinEx Consulting’s Richard Schodde.

You might take the sobering level of death, the sheer pervasiveness and magnitude of losses, as reason to avoid fishing at all – for salmon or microcap explorer as it were.

Hook ten baggers. Little else matters.

So few make it. Why bother trying to catch a living one, let alone a good one?

But don’t retire your fishing gear to the attic quite so hastily. There’s still reason to hang onto your cork and tie a fly.

Schodde did a historical test as a hypothetical investor. He wondered: what if you invested $100 000 into 100 randomly-selected junior explorers – $1 000 each – on the ASX back in 2004 and held, stubbornly with no regard for market timing or stock picking, for ten years or until forced to take profits/losses by a takeover or otherwise.

How would you fare?

The answer was that while eight out of ten companies lost you money, most by a huge margin, the hypothetical portfolio worth $100 000 in 2004 still gained 60% to $160 000 in 2014.

Schodde gives a powerful bird’s eye view in a recent presentation slide, reproduced below (for more of his research, check out his website here.)

Schodde, speaking in a phone interview last Friday, put the results of his test this way.

“Basically what it says is eight out of ten companies lose money,” he said. “One out of ten makes you a modest amount of money. One out of ten makes you a lot of money. And really it’s that one of ten that pays for the other nine.”

Indeed, in his lot of 100 there were four ten-baggers and the top ten companies in terms of returns spoke for near 80% of the value made in the full portfolio over the decade.

Otherwise the junior explorers – pursuing an endeavour of discovery with slim odds of success – did what many would expect: lost most of your money. Out of the 100, 41 companies ended up at 10% their original value after a decade, Schodde notes, and almost one in five came out near worthless under 1% their starting value.

But let’s not treat these numbers as Gospel.

Even though, overall, 100 randomly selected juniors on the ASX appreciated 60% in value over a decade doesn’t mean they always will.

And while the portfolio didn’t exactly take its profits at the best of times – the junior explorers have been in a bear market for at least a couple of years and thus, admirably, the portfolio duration is not handpicked to coincide with tops and bottoms – it still coincides with a boom in the important driver of resource stock: metal prices. In a decade of Chinese growth these still climbed hugely even taking into consideration the recent retrenchment in metal prices and demand.

Hook ten baggers. Little else matters.

For the big picture, here’s the metal charts over the same period as Schodde’s portfolio test (below). One is the IMF metal prices index, weighted to base metals, and the other is the gold price. Metal prices aren’t exactly at max pain in the ten-year view and their appreciation certainly didn’t hurt the portfolio’s value.

Yet Schodde’s research drives home an important principle that diehard investors in junior explorers must live by. Accept huge failures in a sector where few prospects become deposits and focus on catching the outsized returns.

The ten baggers, the five baggers, the double-ups, are all that really matter if you want to make money.

Schodde’s view is this: “If you’re going to invest in the junior (exploration) sector it’s a good idea to have a portfolio of companies. You can’t pick winners. Or, it’s very hard to pick winners. So you’ve got to have at least ten or 20 companies in your portfolio to have a reasonable chance of catching one of those ten baggers.”

Note that Schodde is not advocating a random approach. Just that in choosing (in doing your homework and managing your portfolio) there’s some safety and necessity in numbers.

Success will mean losing a lot of fish from the hook or never getting a bite in first and yet still showing up at the favoured fish hole to cast your line anyway. As the junior investing mantra goes: high risk, high reward.

“You can make good money at this,” Schodde opined. “But I wouldn’t put my mother’s money into this, okay?”

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Unified Communications, Divided Messaging: Good Communication Strategy Goes beyond Technology

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Unified communications. It’s a technological concept that is changing the way businesses connect with employees, customers and leads. But the concept of “unified” communications can’t just stop with the technology. Sure, phone calls, instant messaging and video conferencing are all great ways to reach your audience, but the message you send when you communicate needs to be as unified as the system you’re communicating from.Unified Communications

Technology can be a great equalizer within a company. Communication technology doesn’t just give every department a voice, it gives them a megaphone. Customer service and support can now interact on social media, online forums, email, over the phone, through instant messaging, etc. Same goes for sales and marketing departments, and (maybe to a lesser degree) other client-facing functional areas of the company. The problem many companies are experiencing, whether they realize it or not, is there are a lot of voices speaking for the organization, but they aren’t speaking with one voice.

This, of course, can lead to problems. It presents an image of inconsistency that can leave prospective customers confused and current customers frustrated, ultimately hurting your brand as a whole. This means your overall communication strategy has to go beyond the technology. Technology, after all, is just a means of communicating. It’s the people behind it that add (or subtract, in some cases) value, and that’s what businesses need to keep in mind.

Unified Communications

Taking all of these factors into account, it underscores the importance of establishing strong internal communication habits before you can really start communicating effectively externally. Managers and leaders across the organization need to work together to build a communication plan that aligns the goals of each department with those of the company and ensure that all customer-facing employees are pushing the same message.

In an age of technology, it’s never been more critical to make sure the right message is getting out (think of some of the horror stories of businesses arguing with customers on social media). Communications technologies are powerful tools, but are only as effective as the people using them. Specifically, unified communications systems are a great means of building internal and external relationships, and, if properly implemented, can lead to a more unified company message.

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A Beginner’s Guide to Network Security

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Your first line of defense against hackers is usually your firewall. A user’s firewall protects them against unwanted access into your systems. A traditional firewall works by allowing or denying certain IP addresses, ports or a combination of the two into internal systems.

So, why is allowing certain IP addresses and ports important? Unfortunately, many well-known systems have vulnerabilities in them that allow hackers to bypass built-in security and gain access to the device. Many of these vulnerabilities can be reduced by installing a firewall in front of publically facing devices.A Beginner's Guide to Network Security

Here are some things to keep in mind as you set up your network defenses:

  1. What are the necessary ports that I need opened for my applications to work? In my opinion, this is the hardest step. Most of the time programmers and developers don’t know what ports the applications are using and what systems are using them. To get this information, you can start with a “permit any” rule and log what systems and ports are going through the firewall. Once you have your information, lock down the firewall.
  2. Do I want everyone to access these servers or just certain people? If only certain customers need access to the device, then limit as close as you can to those certain IP addresses.A Beginner's Guide to Network Security
  3. Who will update and support my firewall? Generally, your IT/networking staff will update your firewall or you can outsource it to other companies. Keep in mind that most firewall vendors require a support contract for updated software. So remember to get software support.
  4. How much will it cost? Cost can be anywhere from a few hundred dollars to several thousand dollars.
  5. Will a firewall make me 100% safe against hackers and attacks? No, traditional firewalls only limit by port and IP address. Let’s say, for example, we need port 80 open for our web server. If the application that you are using to host the web server has a vulnerability, then that server can be hacked or compromised. Hackers can then use that server as a gateway into other internal systems. Remember to always update and patch your systems.A Beginner's Guide to Network Security

Remember, firewalls cannot stop every type of attack or unwanted access. Firewalls are only one of many steps that you must take in securing your devices. Don’t get a false sense of security just because you have a firewall. Always keep your firewalls and devices up-to-date and be aware of security vulnerabilities in the devices you own.

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Goodie Bag Ideas for Campouts

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A bag of goodies for each camper sets a theme and adds a festive atmosphere to a campout. Create goodie bags from brown paper lunch sacks that are biodegradable or can be burned in a campfire. Decorate the bags with stickers and colorful die-cut paper shapes. Set the tone for fun, safe outdoors adventure when you use these goodie bag ideas for campouts.Goodie Bag Ideas for Campouts

S’mores Goodie Bag

S’mores are a time-honored campout treat. Give each camper his own goodie bag of ingredients. Include sandwich bags with graham crackers and marshmallows. Add a chocolate bar in its wrapper. Let campers roast marshmallows over the campfire, then layer with a chunk of chocolate between the crackers. Toss several packaged moist towelettes into the goodie bag for cleanup after the campfire treats are finished.

Fun in the Sun

Protect your campers from too much sun with a bag of summertime potions. Buy small travel-sized tubes of sunscreen, soothing lotion and flavored lip balm. Add a baseball cap or sun hat to each bag. Inexpensive sunglasses may be included.

Goodie Bag Ideas for Campouts

Bug Bag

Encourage nature study by providing an insect collection kit in a bag. Place a small butterfly net, toy plastic magnifying glass and several screw-top plastic containers in each bag. Add a sealed sandwich bag with mixed chocolate covered raisins and gummy worms to enhance the creepy crawly theme. Put in a packet of bug stickers to take home as a campout reminder.

Hiking Kit

Campers who take hikes will appreciate a hiking kit goodie bag. Include packets of insect repellent wipes with DEET to ward off mosquitoes and ticks. Add an inexpensive compass and a whistle, with instructions to use only in case of emergency. Round out the goodie bag with a package of trail mix and a bottle of water. If a trail map or park brochure is available, include one in each goodie bag.

Goodie Bag Ideas for Campouts

Adult Goodie Bag

Grownups appreciate goodies bag, too. Start with an LED flashlight, with batteries inserted and ready for use. Toss in a can cooler for adult beverages and a recycling bag to carry out the empties. Put in a pack of new playing cards printed with an outdoor theme. Add small citronella candles and a pack of matches to keep flying insects away from evening campout activities.

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About Las Vegas Golf Courses

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Las Vegas has become a golfing mecca with over 30 golf courses. The desert climate is good for golfing year round and the city has capitalized on that . These 30 courses differ in price and difficulty so that any golfer can find the perfect course to play on.


Bali Hai Golf Club

The Bali Hai Golf Course is located right on Las Vegas Boulevard. This Pacific themed course is very well kept and will provide a nice challenge. Green fees range from $169 up to $225 per person and include cart and range balls.

Bali Hai Golf Club
5160 Las Vegas Blvd. South
Las Vegas, Neveda 89119
(888) 427-6678
www.balihaigolfclub.com

The Legacy Golf Club

The Legacy Golf Club is approximately a 15 minute drive from the Las Vegas Strip. This course is known for its desert like environment. The signature hole is #10 which has Tee Boxes in the shape of playing card suits. This course also features their “Devil’s Triangle,” 3 holes which provide a long challenge in the back nine. Green fees range from $65 to $170 depending on the season and come with cart and driving range balls.

The Legacy Golf Club
130 Par Excellence Drive
Henderson, Nevada 89014
(702) 897-2187
wwwthelegacygc.com

Arroyo Golf Club at Red Rock

This golf club is located in a private community but is open for public play. Because of that, playing the Arroyo can feel like being a member of a private country club. This course winds through Red Rock Canyon and features a panoramic view of Las Vegas from the #7 hole. Green fees are $99 to $189 depending on the season and day of the week.

Arroyo Golf Club
2250 A Red Springs Drive
Las Vegas Nevada 89135
(702) 258-2300
www.thearroyogolfclub.com

Painted Desert Golf Club

This course opened in 1987 and claims to be one of the first “desert” courses in Las Vegas. This course has a great variety in holes, from long 500 yard par 5 to 150 yard par 3. The course is on the less expensive side with green fees ranging from $49 to $149 depending on the season.

Painted Desert Golf Club
5555 Painted Mirage Drive
Las Vegas, Nevada 89129
(702) 645-2570 ext. 2
www2.cybergolf.com/eaglsites/courses/layout9.asp?id=208&page=4320

Desert Pines

Desert Pines is a tribute to the great golf courses of the South. Its greens are reminiscent of Augusta National in Georgia, while the thousands of pine trees remind golfers of playing in the Carolinas. The major course hazard is water, which lines half the holes. It also has a two level, climate controlled practice facility complete with automatic tees.

Desert Pines Golf Club
3415 E. Bonanza Rd.
Las Vegas, Nevada 89101
(866) 447-4653
www.waltersgolf.com/desert-pines-golf-club.asp

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Singles Vacation Ideas

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Single adults may feel out of place at family-oriented vacation destinations. Luckily, there are many enjoyable vacation destinations that are fun for everyone, single or not. Invite a friend to join you on a weekend getaway, or go solo on a multi-week adventure. With many organizations catering specifically to single adults, you’ll definitely find a fulfilling vacation if you take the time to look for it.

Singles Cruises

Consider booking a singles cruise. Many cruise lines have options for singles. Or contact booking agencies such as Vacationstogo.com and Singlescruise.com. Not only will you have access to all the normal amenities on-board, but you will also have the opportunity to attend exclusive singles-only activities. Whether you’re looking to get away and relax or you’re looking to meet someone special, a singles-only cruise can be an enjoyable vacation.

Domestic Destinations

There are many destinations in the United States where singles can vacation and enjoy their stay. Visit New York City with your girlfriends and shop to your heart’s content. See a Broadway show. Catch a Yankees or a Knicks game with your buddies. New York has something to offer all visitors.

Spend a few days relaxing on the beach. Any beach. What could be better than feeling the ocean breeze on your cheek while sipping an ice-cold lemonade?

Consider visiting Las Vegas with a group of single friends. Hit the jackpot in a casino, or catch any one of dozens of exciting shows. Don’t forget to take advantage of the buffets and other delicious restaurants.

Try booking a ski weekend in Park City, Utah, or Aspen, Colorado. Enjoy the cool winter air as you speed down the slopes. Imagine how fantastic a nice mug of hot chocolate will taste back at the lodge.

Singles Tours

Many companies plan tours that are designed with singles in mind. Tours are available all over the world. Consider island hopping in the Greek Isles or seeing the Taj Majal in exotic India. Singles tours give you an opportunity to see sights never before imagined. Travel alone, or invite your other single friends.

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Stay Safe With The Best Hummer Rental Service

Categories: Travel and Leisure

Many people are not aware but most of the casualties that happened these days are due to drivers that are not dependable. These are the drivers that work for private companies as well as the radio cab services. Not a lot of people know that most of these drivers come from other countries in search for a job. Some of these drivers are dependable however you cannot be sure when you see the face of a person. With the right hummer hire london service you can now make sure that the driver that comes to your doorstep is highly dependable and there are background checks that are done on him.

One of the best things about hummer rental service is you are given importance. You will be given services that you would not otherwise have received with a private car or even a radio cab. Most Hummer rental services would even give you the option of refreshments along the way. This way you will be able to make sure that you reach your destination safely and on time. When you have sufficient refreshments along the way you will even be able to reach your destination without being in a cranky mood or being frustrated. Not only will this help with your mind set but it will also help with the way you travel in future.

With the right hummer service you will also be able to save on a lot of money. There are a number of people that usually avoid Hummer rental services because they think that they are too expensive. However that is not the case. The right Hummer rental services today are extremely affordable and you will be able to reach your destination without going bankrupt. You will get the best services at the most affordable prices if you pick the right Hummer rental service. You will also get the best customer service before and after the ride as well. The best Hummer rental service will always call you up later on and find out if everything was perfect during the ride. This way they will be able to improve their services in future and give you the best experience that you want.

Another great thing about a hummer rental service is you can reach the destination before time. This is because the drivers are very well trained and they know the best route possible. Even if you are hiring a Hummer service for your family members you can track the ride with the GPS service in the Hummer. This way you can be rest assured that the driver is taking them by the right route and there are no stops along the way. These services also have an SOS function. You can make sure that you use this function if you feel that something is wrong. The rental company will immediately get into action and track down the vehicle if they feel that something is wrong or there are any detours.

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15 Make Life Easier Kitchen Tips

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If you’re anything like me then you spend lots of time in the kitchen making meals and cleaning messes afterward.

My kids do have their kitchen chores, but let’s face it when it comes to taking all the food of the pots and pans or loading up the dishwasher only mom can do it right (well, that’s what I keep telling myself).

I consider myself a seasoned pro when it comes to spending time in the kitchen. Over the years I picked up many kitchen tips and tricks to make my time in kitchen as short as possible.

I know how valuable your time is so today during Monday Tips & Ideas on Daily Organized Chaos I will share with you 15 Make Life Easier Kitchen Tips.

15 Make Life Easier Kitchen Tips

Kitchen tips that will save you time, money and little bit of your sanity.

Kitchen tips that will make your busy life just a little more easier……

….Ever found yourself wondering how to clean burnt food from a pan, keep potatoes fresh, prevent eggs from cracking while boiling them or how to make hardened brown sugar soft again?

Well, wonder no more.

Here is list of 15 Kitchen Tips that will help you to do that and more:

#1 To remove burnt food from your pot with ease just add few drops of dish soap, cover the bottom with water and boil on the stove for a few minutes. You can also put a teaspoon-full of dishwasher detergent, cover it with hot water and let it sit overnight.

#2 If you don’t have a proper potato bin you can prevent your potatoes from budding by placing an apple inside the bag.

#3 If your brown sugar hardened over time don’t throw it out. Just put a slice of apple inside the container to soften it.

#4 When you’re boiling corn on the cob add a pinch of sugar to bring out the natural sweetness. Half way through add salt and stick of butter to make it ready to eat without needing to butter it.

15 Make Life Easier Kitchen Tips

#5 To remove food stains from your hands just rub sliced raw potato over the stains and then rinse and you’re ready to entertain.

#6 Kids want an ice-cream in a cone and it always seems to drip all over the house? Put a miniature marshmallow on the bottom of the cone and no mess (from the bottom, that is).

#7 In a hurry and accidentally put too much salt into your dish? Don’t worry, just put a large peeled potato into the pot while still cooking. The potato will absorb the salt like a sponge.

#8 When cooking hard boiled eggs just add a pinch of salt in to the water before boiling to prevent the shells from cracking.

#9 If you want to get the most juice out of your citrus fruits make sure they are room temperature and roll them with the palm of your hand on the kitchen counter.

#10 Celery wrapped in an aluminum foil will stay crisp in the fridge for weeks (no need for expensive Tupperware, unless you have some).

#11 Have leftover wine after a party? Freeze it into ice cubes and use it in cooking.

#12 Not sure how fresh are those eggs your fridge? Put them to the test in a pot with salt water and if the egg sinks it is fresh. Throw away the floaters.

#13 Use cake mix to flour your pan instead of a regular flour when baking a cake. The mix won’t leave the white residue afterward.

#14 When cooking pasta do not put oil into the pot while cooking. While it might prevent boiling over it will also cover pasta with a film and it will not stick to the sauce as it should.

#15 Recipe calls for buttermilk and you don’t have any? No need to run to the store just add 1 Tablespoon of white vinegar or lemon juice to 1 cup of milk and let it sit for a few minutes.

Do you have any tried and tested kitchen tips or ideas to add to my list? Let me know and I would love to add them in my next follow up post.

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EGYPT

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Egypt is one of the richest and most famous cultures worldwide. The mysteries of the pyramids, the infinite desert, the hieroglyphs, camels, unknown riches and the wisdom of Ancient times seduce the imagination of tourists. The art in Antiquity, the scientific progress (Egyptians were among the first ones to use a mathematical system and displayed a thorough knowledge of physics and astronomy in Ancient times) and an efficient administration stopped the Roman Empire from changing their culture during colonialism. Egyptians managed to preserve their culture through millenniums of existence.

Giza Pyramids are probably the most known attractions to visitors, famous for a difficult construction, an elaborate structure and complex meanings. Luxor and the Valley of the Kings are the runner-ups, followed by the Nile River, the Sphinx, mosques, History Museums, the Sinai Mountain, Karnak, Alexandria’s Lighthouse or the Pyramid of Khafre.

As for socializing, don’t worry. Upon meeting you, it’s a sure thing an Egyptian will invite you for a cup of coffee or tea. Keep eye contact and don’t shy away from ample gestures and passionate discourse, as people here tend to show their emotions quite often. They’re friendly people and communication skills are more important than anything else when applying for a job.

Besides its history and people, Egypt has gained some reputation for other random things. In Ancient times, they were among the first ones to use make-up, toothpaste and contraception. They were also the first ones to remove all body hair, men and women alike, since they thought it would cause infections. Egyptians used to have a 10-day week. Camels didn’t inhabit Egypt in Ancient or Medieval times. One of their pharaohs was concerned about the flies and ordered some of his slaves to cover themselves in honey so that he wouldn’t be bothered again. Another one had about 10 wives and around 100 concubines. There are just as many legends as there are documents about Egyptian history, so ask left and right for stories and you’ll surely have fun!

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Former Republican Vice Presidential Candidate Paul Ryan Pulls a Pelosi: We Need to Pass Obamatrade Before We Tell You What’s In It

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So much for supporting Conservative values. Paul Ryan was so desperate to pass Obama-trade that he doesn’t want anybody to know what’s in the bill:

“It’s declassified and made public once it’s agreed to,” he told the Rules Committee.

So why the secrecy? Because the bill is alleged to give President Obama more authority to push his immigration and “climate change” agenda on Americans. And Paul Ryan thought that was a terrible thing (not that Obama would get more authority but that the word got out):

Ryan, however, wasn’t finished. Appearing on Fox and Friends, he attacked conservative websites Breitbart said “have revealed the immigration and climate change provisions within President Obama’s trade agenda.”

“Look, first of all, don’t believe everything you read on the internet, Brian,” he said after being asked about provisions dealing with climate change and immigration. “Just let me give you a little tip there. Second of all, this is why we need to pass Trade Promotion Authority. What we have in Trade Promotion Authority is a prevention of any immigration changes, of any climate change legislation going into a trade agreement. So by passing Trade Promotion Authority, we’re putting congress in the driver’s seat which is transparency.”

Senator Ted Cruz also supports Ryan and Obama and wants the bill passed… immigration and “climate change” provisions and all.

Ryan has turned out to be anything but a straight shooter and his plea for needing to pass the bill before its contents can be revealed to the American public is worse than Nancy Pelosi’s “we need to pass it in order to know what’s in it.”

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