Friday, May 25, 2012

Obama vs. Romney: 'World War III" for attack ads. But is that bad?

With five months to go until Election Day, the Romney and Obama campaigns are already slinging negative ads. But analysts suggest they're an essential part of voters' decision-making process.

By Mike Eckel,?Contributor / May 24, 2012

President Barack Obama speaks in the Rose Garden at the White House in Washington earlier this month. He opened a new advertising assault on challenger Mitt Romney's record as a businessman, casting the likely Republican nominee as a greedy entrepreneur who bought up companies and wiped out jobs.

Manuel Balce Ceneta/AP

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And you thought it was bad already.

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There are still five months to go before Election Day, and the campaigns of Mitt Romney and Barack Obama are just beginning to lock horns for real, but negative attack ads are already exploding over the airwaves and the Internet.

Take Mr. Obama?s recent attack on Mr. Romney?s work at private equity firm Bain Capital?or Romney?s recent broadside against Obama?s economic policies. Both candidates have record-breaking war chests already and continue raising funds at a dizzying pace in anticipation of what may end up being a scorched earth campaign.

?We?re now entering the World War III of attack ads. We are dropping atomic and hydrogen bombs,? says Charles Dunn, a political scientist at Regent University in Virginia Beach, Va. ?We were just firing shotguns before.?

Add to all this the growing deluge of advertising resulting from the 2010 US Supreme Court decision Citizens United, which opened the fire hose for private money pouring into so-called "super PACs." So long as the super PACs do not coordinate directly with the campaign, there is no limit on how much super PACs can spend on ads supporting or denigrating one candidate or another, as witnessed in the messy Republican presidential primary race.

Those hoping this year for a kinder, nobler national debate to choose the next occupant of the White House likely will be sorely disappointed.

But veteran political watchers and analysts readily point out that negative political advertising may?actually be essential to the process of deciding whom to vote for.

?There?s no need to wring your hands about the attacks ads, we?ve always had them, since the beginning of the republic. We have just to acknowledge them and the role they play,? Mr. Dunn says. ?They bring things out about an opponent?s record in ways that a positive ad might not. It is what it is. Let?s not worry about it. Let?s just go on.?

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Apple introduces 'free app of the week,' kicks things off with Cut the Rope: Experiments

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Amazon has been offering a free app of the day for a while now, but that offer is good for Android users only. Well, Apple seems to have caught on to the fact that iOS users like to save money too, as it's debuting a "free app of the week" offer. Cupertino kicked off the new promotion yesterday via Twitter, where it announced that the game Cut the Rope: Experiments will be the first free download. Click on through to the source link, and you'll see that the Appstore indeed lists the title as "free for a limited time."

Apple introduces 'free app of the week,' kicks things off with Cut the Rope: Experiments originally appeared on Engadget on Fri, 25 May 2012 10:39:00 EDT. Please see our terms for use of feeds.

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The Top 5 Components of a Smart Investing System

Do you make these 5 investing mistakes? So many people make one or more of them, which can suck the profits right out of their account. These mistakes aren?t commonly known ? but they steal profits just the same.

Even worse, sometimes it seems like the entire investment industry is out to force people to make these mistakes ? because the mistakes you make can make a lot of money for brokers and advisors.

The good news is that these mistakes can be avoided with just a bit of effort. Below are the top 5 investment mistakes that you can easily avoid:

#1: ?All In?

When someone calls out ?All In? during Texas Hold-em, it?s exciting. They could win everything. But what makes it so exciting is the risk of losing it all. Going ?All In? can end the game in just a few seconds.

Going ?All In? is not something you want to do with your money. It?s too risky. Sadly, 90%+ of investors do go ?All In? by placing a majority of their money in the U.S. stock market. This guarantees them a high level of risk and inconsistent profits.

The returns of the U.S. stock market over the last 15 years has been extremely volatile ? and most people hate the surprise losses in their account which seem to happen with alarming frequency.

Don?t go ?All In? with your account. Invest in other markets like commodities, bonds, and foreign markets.

#2: Lack of Focus

This is the flip side of the ?All In? mistake. Having too many investments is?almost as bad?for your account as going ?All In?.

It seems safer to have many different investments, but it?s not really safe at all. An account with too many investments ends up imitating the returns of the stock market, which as we know, can be extremely risky.

Say a person buys a small cap mutual fund, a large cap mutual fund and then a bit of a value fund, plus a little bit of a tech fund thinking they are ?diversifying.? It turns out a portfolio like this is almost exactly the same as just buying the S&P 500.

Once a portfolio gets beyond a medium level of diversification, it quickly becomes riskier.

And brokers do not make this easy to figure out since in most cases they make their money per trade, so they actually encourage you to trade more despite the fact that you will probably lose more by doing so.

To beat the market as an investor, you?ll need to be different than the market. It?s a fine line between going ?All In? and having too many investments in your portfolio ? but you?ll need to walk this line to beat the market.

#3: Having No System in Place

This has got to be the biggest mistake most investors make. Novice investors get lucky a few times and think they have it figured out. The best investors have systems for beating the market ? and they follow a pre-set pattern of success over and over again.

Warren Buffet doesn?t just randomly buy stocks. Mr. Buffet follows a system. It?s given him massive success on many stocks over a period of decades. It is not just his skill that made him one of the wealthiest people on the planet.

Mr. Buffet became a multi-billionaire through his investment system, a system built on his skills and insights. The insights are great, but taking advantage of those insights by using a carefully thought out plan is what made him wealthy.

#4: Making Things Too Difficult

This is a less common mistake but extremely frustrating for some people. Some people make their investing too hard to do consistently.

Many people learn enough about the markets and investing to be profitable investors but then make the mistake of making the actual?process?of investing and trading too hard to do.

What does this mean?

For example, it?s pretty easy to find investment systems which work well.

Momentum Systems work ? so do Value and Small Cap investment systems. If you shop a bit you can find them.?Trend Following 101 offers a highly successful Momentum Trading System which you can check out by clicking here.

But good Value and Small Cap investing often require a huge time commitment. You?ll need to devote significant time every week ? every day ? to searching out quality investments.

Any investment system can only work if you are consistent. This means that you must find and make the investments again and again, month after month. That means that you?ll need to do this over a period of years to make real money.

So when you are looking at systems, whether you purchase a system or create your own, it?s not very practical to use a system that will take 20 hours a week to uncover good, profitable investments. After all, the purpose of investing is to make money, to enjoy more of the finer things of life, right? If you are spending all of your time on the investing, you won?t have any time left for anything fun.

Here?s a good rule to follow: Any worthwhile investment system needs to be very easy to do over and over again.

#5: Watch for High fees

Paying high fees is a major account killer. This is undoubtedly the worst mistake. It?s the worst mistake out of this entire list, because high fees make profitable strategies?unprofitable.

That?s right ? when your fees are too high, profitable strategies become unprofitable.

Even the best investments do not survive high fees. If you fix just one mistake today, fix this one. Make sure you are paying low fees. Look at discount brokers like eTrade, TD Ameritrade, Merrill, and others. Also, trade Exchange Traded Funds (ETFs) instead of Mutual Funds.

I created the?Trend Following 101 EZ ETF Momentum System?due to a string of conversations I had with friends about their investing. While I have many friends in the financial industry, I am lucky enough to have a bunch of very smart and very successful friends who aren?t professional traders or investors. They have jobs and families, so they don?t have time to actively trade the market. They wanted something that has low risk, low fees, and yet still makes them good money.

But the advice they were getting from their brokers was awful. They were paying huge fees for ?diversification? which ended up making them match the returns of the market, and then exposed them to huge risk in the stock market. They were getting the worst of all worlds, and paying a fortune for it.

I figured if they were having this problem, others were too. That?s why I created the EZ ETF Momentum System, to beat these mistakes in the easiest way possible.

A good system will beat these 5 trading mistakes automatically. A good investment system has smart choices built into every step.

  • Low fees
  • Proper Diversification
  • Easy to execute
  • Repeatable Success

Fortunately, the EZ ETF system has all of these smart choices built directly into the system from the ground up. That way, when you are investing, you?ll avoid the 5 costly account killers.

Your Friend in the Trend,

Mike Sankowski

Michael Sankowski

About the author

Michael Sankowski lives in Oak Park, IL and when not playing the guitar or fermenting a nice Malbed, has been a professional trader for 20 years. He's traded billions of dollars on four continents and is a well-known financial speaker and writer. He's a top-ranked author for Seeking Alpha and has been featured in MSN and Yahoo Finance. He's a CFA, CAIA, and has created patented Futures products. You can find more of his writing and products online at Trend Following 101. He is adamant that if you're only trading the stock market, you're trading the wrong market in the wrong way.

Other posts by Michael Sankowski

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NBCUniversal plans 5,500 hours of Olympics TV coverage

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Thursday, May 24, 2012

'American Idol' Finale: And the Winner Is...

It was down to Phillip and Jessica in the finale. So which talented singer came out on top?

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Regarding Linens and Other Things | Santa Maria CA Real Estate ...

Regarding Linens and Other Things | Santa Maria CA Real Estate, Broker & REALTOR? Santa Maria, Orcutt, & the Central Coast of CA. Homes, Condos, & Real Estate. (805) 878-9879 for the latest Central Coast market information Date last updated: 5/23/12 3:36 AM PDT

The data relating to real estate for sale on this website comes in part from the IDX program of the Central Coast Regional Multiple Listing Service and its affiliated associations. Real estate listings held by brokerage firms other than Mint Properties are marked with the IDX icon and detailed information about them include the name of the listing broker and listing agent.

Listing Broker has attempted to offer accurate data, it is deemed reliable but not guaranteed. Buyers are advised to confirm all data provided

Listings displayed are the property of the member Associations of the Central Coast Regional MLS, and are protected under one or more of the following copyright registrations: Atascadero Association of Realtors?, Inc. Copyright 2012; Lompoc Valley Association of REALTORS?, Inc. Copyright 2012, Paso Robles Association of REALTORS?, Inc. Copyright 2012; Pismo Coast Association of REALTORS? Inc. Copyright 2012; San Luis Obispo Association of REALTORS?, Inc. Copyright 2012; Santa Maria Association of REALTORS?, Inc. Copyright 2012; Santa Ynez Valley Association of REALTORS?, Inc. Copyright 2012; Scenic Coast Association of REALTORS?, Inc. Copyright 2012. All rights reserved.

This IDX solution is (c) Diverse Solutions 2012.

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5 Reasons Why You Might Need Pet Strollers ... - Hungry Bird Chicago

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