{"id":346,"date":"2007-08-27T11:22:36","date_gmt":"2007-08-27T16:22:36","guid":{"rendered":"http:\/\/benpollock.com\/brick\/index.php\/2007\/08\/27\/stox-and-bondz\/"},"modified":"2007-08-28T00:31:41","modified_gmt":"2007-08-28T05:31:41","slug":"stox-and-bondz","status":"publish","type":"post","link":"https:\/\/benpollock.com\/brick\/2007\/08\/stox-and-bondz\/","title":{"rendered":"Stox and Bondz"},"content":{"rendered":"<p>Why I&#8217;m in journalism and not real business, Point 2001: I do force myself to save some salary twice a month, once to IRA things and the second to more-immediately available accounts. I do mutual funds, no-load indexed jobs just like neutral experts advise: Money market, stocks and bonds. This is called diversifying, and is what rich people are said to do.<\/p>\n<p>Lesson: Money markets have tiny but safe interest rates. When stocks go up, bonds generally go down.<\/p>\n<p>To review: The money you make in stocks is cancelled by what you lose in bonds, and vice versa. And money markets are cancelled by inflation. You stay where you are.<\/p>\n<p>To recap: When business is good, we all prosper, like the old saying, &#8220;A rising tide carries off your sandals at the beach.&#8221;<\/p>\n<p>For instance, the <em>Northwest Arkansas Times<\/em> reported specifics on great news late last week. That movie theater by the mall in Fayetteville <a href=\" http:\/\/nwanews.com\/nwat\/Business\/56428\" target=\"_blank\">will open<\/a> Sept. 28.On the same page, the paper reported in a photo caption (not posted online) that Sam&#8217;s Club will open in Fayetteville on Sept. 13. The great thing about the cinema is that it&#8217;ll have the latest technology on screen plus stadium seating, meaning you don&#8217;t have to call the usher about the tall dude in the Stetson in front of you because you&#8217;re higher than him. The city Sam&#8217;s will sell alcoholic beverages, an Arkansas first. This translates to real competition for standalone liquor stores. (The Missouri shops aren&#8217;t significantly cheaper; they profit by being next to dry Benton County.)<\/p>\n<p>Like stocks and bond traders, though, somebody has to suffer. The weekend exodus of Washington County movie lovers to the two up-to-date Malco complexes in Rogers will cease. The Sam&#8217;s in Springdale will close. Or be rewarded: Benton County doesn&#8217;t have to worry about lefty cineastes running about, seducing young Republicans. And Springdale&#8217;s getting minor-league professional baseball, selling beer at games.<\/p>\n<p>This then is a real-life lesson in double-entry bookkeeping. -30-<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Why I&#8217;m in journalism and not real business, Point 2001: I do force myself to save some salary twice a month, once to IRA things and the second to more-immediately available accounts. I do mutual funds, no-load indexed jobs just like neutral experts advise: Money market, stocks and bonds. This is called diversifying, and is [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[8],"tags":[],"class_list":["post-346","post","type-post","status-publish","format-standard","hentry","category-body-home-street"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":1840,"url":"https:\/\/benpollock.com\/brick\/2010\/03\/spring-into-business\/","url_meta":{"origin":346,"position":0},"title":"Spring into Business","author":"Ben S. Pollock","date":"March 22, 2010","format":false,"excerpt":"What a world this is, what a country. That's today's controversial opinion, based on local news articles and a national item. Those pieces from last week come to mind the morning after massive health-care legislation passed the U.S. House, where opposition spanned from principled and reasonable to name-calling. Two Northwest\u2026","rel":"","context":"In &quot;News, Spin&quot;","block_context":{"text":"News, Spin","link":"https:\/\/benpollock.com\/brick\/category\/news-spin\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1575,"url":"https:\/\/benpollock.com\/brick\/2009\/09\/school-tax-tables\/","url_meta":{"origin":346,"position":1},"title":"School Tax Tables","author":"Ben S. Pollock","date":"September 4, 2009","format":false,"excerpt":"No More Foolin' for Schoolin' Brick by current policy does not give political endorsements. Now that the Fayetteville School District's high school plan is set for a public vote, in about 10 days, all I should do is create a nice neutral analysis. Yawn. Better: Just lay out some facts,\u2026","rel":"","context":"In &quot;Brick Bats Reportage&quot;","block_context":{"text":"Brick Bats Reportage","link":"https:\/\/benpollock.com\/brick\/category\/brick-bats-reportage\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":5773,"url":"https:\/\/benpollock.com\/brick\/2017\/08\/hi-dee-ho\/","url_meta":{"origin":346,"position":2},"title":"Q: WTF? A: Hi-dee Hi-dee Hi-dee Ho","author":"Ben S. Pollock","date":"August 13, 2017","format":false,"excerpt":"\"Anthony Scaramucci, the short-lived White House communications director, is making the rounds on TV next week.\u00a0Scaramucci will be interviewed by George Stephanopoulos on ABC's This Week on Sunday. Then he'll appear on \"The Late Show with Stephen Colbert\" on CBS on Monday.\" -- CNN.com Folks, here's a story about Tony\u2026","rel":"","context":"In &quot;News, Spin&quot;","block_context":{"text":"News, Spin","link":"https:\/\/benpollock.com\/brick\/category\/news-spin\/"},"img":{"alt_text":"Treble clef symbol","src":"https:\/\/i0.wp.com\/benpollock.com\/brick\/wp-content\/uploads\/Treble-clef-497x800-93x150.png?resize=350%2C200","width":350,"height":200},"classes":[]},{"id":368,"url":"https:\/\/benpollock.com\/brick\/2007\/11\/strike-for-freedom\/","url_meta":{"origin":346,"position":3},"title":"Strike for Freedom","author":"Ben S. Pollock","date":"November 7, 2007","format":false,"excerpt":"Copyright 2007 Ben S. Pollock Got a crazy idea the other day: I need matches. The Shady Hill manse is running out, and we had few to begin with. We're not ones to collect matchbooks at restaurants and bars with regularity so, now that essentially no business hands them out,\u2026","rel":"","context":"In &quot;Brick Bats Reportage&quot;","block_context":{"text":"Brick Bats Reportage","link":"https:\/\/benpollock.com\/brick\/category\/brick-bats-reportage\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":337,"url":"https:\/\/benpollock.com\/brick\/2007\/07\/there-was-a-crooked-man\/","url_meta":{"origin":346,"position":4},"title":"There Was a Crooked Man","author":"Ben S. Pollock","date":"July 19, 2007","format":false,"excerpt":"They offered me the office, offered me the shop They said I better take anything they got Do you wanna make tea at the BBC? Do you wanna be, do really wanna be a cop? Career opportunities are the ones that never knock\" -- from \"Career Opportunities,\" Joe Strummer\/Mick Jones,\u2026","rel":"","context":"In &quot;Life Lessons&quot;","block_context":{"text":"Life Lessons","link":"https:\/\/benpollock.com\/brick\/category\/life-lessons\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":401,"url":"https:\/\/benpollock.com\/brick\/2008\/01\/how-thou-art\/","url_meta":{"origin":346,"position":5},"title":"How Thou, Art?","author":"Ben S. Pollock","date":"January 28, 2008","format":false,"excerpt":"Copyright 2008 Ben S. Pollock DATELINE MIRTHOLOGY -- The way to be left alone in Fayetteville's Wilson Park is to mutter to no one in particular. It's not a particularly small town, but if you do leave your house you often run into people you know. So look moderately troubled,\u2026","rel":"","context":"In &quot;News, Spin&quot;","block_context":{"text":"News, Spin","link":"https:\/\/benpollock.com\/brick\/category\/news-spin\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/benpollock.com\/brick\/wp-json\/wp\/v2\/posts\/346","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/benpollock.com\/brick\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/benpollock.com\/brick\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/benpollock.com\/brick\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/benpollock.com\/brick\/wp-json\/wp\/v2\/comments?post=346"}],"version-history":[{"count":0,"href":"https:\/\/benpollock.com\/brick\/wp-json\/wp\/v2\/posts\/346\/revisions"}],"wp:attachment":[{"href":"https:\/\/benpollock.com\/brick\/wp-json\/wp\/v2\/media?parent=346"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/benpollock.com\/brick\/wp-json\/wp\/v2\/categories?post=346"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/benpollock.com\/brick\/wp-json\/wp\/v2\/tags?post=346"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}