Saturday, 26 January 2013

When buying an investment condo what fees should i ... - Zillow ...

1. Plan on having added insurance coverage that insurances you in case a plumbing fixture breaks (like a shower valve in the wall) and causes damage to your unit and other units?- shop around, maybe $50/mo?
In addition, require your tenant to get renter's insurance and double check the coverage of the HOA for "common wall" issues like plumbing and roof.
2. Plan on regular unit maintenance (i.e. carpet, paint, interior repairs).? I estimate 5% on my units per year, but I think you have to consider the age of the building and the age of?interior.

Source: http://www.zillow.com/advice-thread/When-buying-an-investment-condo-what-fees-should-i-plan-on-spending-a-year/475912/

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Friday, 25 January 2013

Becky Hand: Why Downplaying the Obesity Epidemic, Even in a ...

With this being January, chances are good that you're more interested than usual in health and well-being, and that you're reading and hearing about diet and weight loss more often as well. The headlines this time of year usually tell us how to shed pounds fast and get healthy with a pill, a gadget, or a procedure. This year, however, the message has been slightly different.

Recently, I've seen a spate of stories about how obesity isn't such a big deal after all and a few extra pounds could be good for us. As a dietitian committed to helping make healthy living not only normal but fun, these stories are disturbing and downright dangerous.

We are bombarded daily by mixed messages regarding our health and nutrition, it is no wonder that consumers are confused. (Everyone is confused -- including fitness trainers and people who have been doing it for some time.) Most people don't know where to turn or whom to trust, which foods to eat and which to pitch. As they see their favorite fit celebs and experts endorsing supplements, weight-loss gimmicks, and fat burners, they're left even more confused.

With obesity rates continuing to climb, we can't waver for a moment about the importance of taking small, measurable steps toward better health. That's why these stories have disturbed me.

The story that drew the most attention was an analysis published earlier this month in the Journal of the American Medical Association, which reported that those with a body mass index (BMI) that placed them in the overweight category (or even slightly obese) had less risk of dying than people with a BMI in the normal category. I was shocked to read that, and you might be, too. According to that report, carrying around a few extra pounds may add a few more years to your life. The subsequent headlines shouted:

  • "Stop Fearing Body Fat"

  • "It's Time to Pack on More Pounds"

  • "Overweight? You Might Live Longer"

Before you ditch your January resolutions and plant yourself on the couch with a bag of chips, let me add some common sense to those headlines. Let's remember the cold, hard facts:

One-third of adult Americans are overweight, another third are obese, according to the Centers for Disease Control and Prevention. Conditions related to excess weight -- including heart disease, stroke, Type 2 diabetes, and certain types of cancer -- are among the leading causes of preventable death. We spend almost $150 billion a year on obesity-related medical costs. About 17 percent of children ages 2-19 are obese -- a number that has almost tripled since 1980.

With those facts in mind, we can examine that JAMA study more closely:

The study: Researchers compiled 97 studies with a combined sample size of over 2.88 million subjects and more than 270,000 deaths. Using meta-analysis, they compared mortality risk with the various BMI categories. In a nutshell, the analysis revealed a:

  • Six percent lower risk of death for someone in the overweight category,

  • Eighteen percent higher risk of death for all grades of obesity,

  • Five percent lower risk of death for grade 1 obesity, and

  • Twenty-nine percent increased risk of death for someone in the grade 2 and 3 obesity category

For perspective, let's look at the varying weight for a woman of average height (5'3"), based on the different BMI ranges:
Overweight (BMI of 25- Obese (BMI of ?30): 169+ pounds
Grade 1 Obesity (BMI of 30- Grade 2 & 3 Obesity (BMI of ?35): 197+ pounds

*The average American woman weighs about 165 pounds.

Application: I'll be the first to say that BMI does have its limits as a marker of health and should be used as one of several standards when assessing a person's health and need for medical care. While the analysis included many studies and an overall large sample size, there are still a few additional points worth mentioning.

Health care: There is the strong possibility that subjects in the overweight and obese categories were receiving routine health care and treatment for conditions that are closely tied to one's weight, such as diabetes, metabolic syndrome, heart disease, and hypertension. The increase in routine visits, medical attention and treatment is more than likely adding years to one's life.

Apples and pears: It has been documented that the location of one's body fat is closely tied to health risk, rather than strictly looking at total fat. Belly fat (the apple-shaped body) carries a greater risk for disease versus fat on the hips, buttocks, and thigh (the pear-shaped body). BMI does not take into consideration the placement of body fat.

(Dietitian's Note: I was perfectly content writing the above paragraph about apples and pears until I recently read a study published in The Journal of Clinical Endocrinology and Metabolism indicating that the gluteal fat on a pear-shaped body can yield an increased risk for insulin resistance and metabolic syndrome. However, I will save that research for another blog.)

Quality vs. quantity: While the JAMA study evaluated risk of dying in relationship to weight, I professionally and personally am more concerned about the quality of those years, aren't you? Is living a few more years your goal? Or is it the quality of those years what is most important? You know what I mean. Would it be worth it to you to be alive if you couldn't shoot hoops with your children or grandkids? If you couldn't walk up a flight of stairs without being winded? If you could no longer care for yourself due to your size?

What if instead those last years were spent lowering your medication intake, or improving your medical markers like blood pressure, lipid profile, and blood sugar. Imagine having more energy, a better sex life, or a good night of sound sleep. Would those extra years then be worth it? Moving toward a healthier weight can definitely improve the quality of one's life -- this is well documented! Even small steps can make a big impact on your weight and your life.

Bottom line: Don't rely on any one analysis to determine your health and weight goals. Rather than finding a loophole to avoid improving your health, take small steps to make healthy living a part of your life, not something you check off a to-do list! Have regular visits with your doctor and review your complete treatment plan for optimal health and well being. And above all: Don't use headlines (even this one) as a substitute for your medical care.

For more by Becky Hand, click here.

For more on personal health, click here.

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Source: http://www.huffingtonpost.com/becky-hand/weight-and-health_b_2528194.html

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Thursday, 24 January 2013

Cat beats stockbrokers in picking best stocks for 2012 (Americablog)

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Man accused in Zumba case: It wasn't 'love'

Mark Strong is accused of helping a Zumba teacher from a small town run a prostitution ring, but he tells NBC's Katy Tur that even though he had an intimate relationship with teacher Alexis Wright, he never paid for sex or helped her promote prostitution.

By Matthew DeLuca, Staff Writer, NBC News

The man accused of helping a Maine Zumba teacher run a prostitution ring from her dance studio said in an interview with the TODAY show that the two had an ?intimate? but not a ?love? relationship.

Jury selection began Tuesday morning at the York County Superior Courthouse in the case of Mark Strong, 57, an insurance agent who has also worked as a private investigator. Strong has pleaded not guilty to 59 misdemeanor counts of promotion of prostitution and violation of privacy.

Dance instructor Alexis Wright, 30, has pleaded not guilty to charges that include 45 counts of engaging in prostitution, violation of privacy, and conspiring to promote prostitution. Her trial is not expected to start until May.

Justice Nancy Mills and attorneys for Strong and the state quizzed the more than 140 potential jurors called into the courtroom on Tuesday, according to The Associated Press. Potential jurors filled out a 10-page questionnaire and were questioned about their views on pornography, adultery and prostitution.


?You may be shown explicit videos and photographs depicting individuals engaged in graphic sexual acts,? the confidential juror questionnaire asked. ?Would viewing this evidence make it difficult for you to listen to the law and evidence and render a fair and impartial verdict??

The questionnaire also asks jurors if they know or are related to any of 72 potential witnesses who may be called in the course of what is expected to be a weeks-long trial.

Zumba prostitution suspect: I 'did not' pay for sex

In his interview with TODAY, Strong denied paying Wright for sex or helping her promote prostitution.

?I have been harassed. I received threatening phone calls, threatening my life,? Strong said in the TODAY interview.

?This is a long and laborious process, most of which is not public,? defense attorney Daniel Lilley said during a break in jury selection on Tuesday, according to the AP. One-third of the potential jury pool was dismissed Tuesday, and the selection process continued Wednesday.

Joel Page / AP file

Alexis Wright is shown during her arraignment Oct. 9 in Portland, Maine.

Strong?s trial will commence as soon as jury selection is complete, Mary Ann Lynch, director of court information for the York County Superior Courthouse, said in an email to NBC News on Tuesday night.

The saga has kept the seaside town of Kennebunk, Maine, where Wright operated her dance and exercise studio, on edge.

?There?s still some of that puritanical New England left around,? Kennebunk store owner Will Bradford told the AP in October.

Court documents filed by Deputy District Attorney Justina McGettigan on Oct. 18 in the state?s superior court detail materials seized in the discovery process, including a number of computers, cameras and external hard drives.

Talks to strike a plea deal for Strong fell apart last week, the Boston Globe reported.

Zumba prostitution case heads to trial after plea deal fails

Source: http://usnews.nbcnews.com/_news/2013/01/23/16664597-accused-zumba-pimp-it-wasnt-love-with-dance-instructor?lite

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Wednesday, 23 January 2013

When Founders Should Quit - Business Insider

LinkedIn

The question of when a founder should step aside is a difficult one.?The trend used to be that founders stepped aside in favor of more professional management.? This is how they did it at Google, Yahoo, and Cisco.

More recently, those examples have been overshadowed by phenomenally successful founder-CEOs, like Jeff Bezos, Steve Jobs, and Larry Ellison.?

In a blog post yesterday, LinkedIn founder Reid Hoffman gave a detailed account of his own experience of relinquishing power, his mistakes, and how he thinks the transition should go.

Hoffman loved the early stages:

"The small team, building a brand-new product, out-innovating complacent incumbents?not only is the experience fresh and exciting, it also focuses on the things most founders love ? especially technical ones: Solving interesting problems, developing new technologies, devising a unique strategy."

But should you succeed and enter a growth stage, you have to love business process and management just as much.?

That wasn't the case for Hoffman.?

"...as we scaled from a handful of people in my living room to dozens of people at an office, I saw the job of the CEO shifting. At 50 people and beyond, a CEO increasingly has to focus on process and organization, and that wasn?t what I was passionate about.? For example, I didn?t like running a weekly staff meeting.? I could do it, but I did so reluctantly, not enthusiastically."

He wanted to step back and focus on strategy instead of salaries and timelines. So he hired David Nye, a "gray haired" CEO with an impeccable organizational record to do the ground work.?

It didn't work. Product cycles are too short now to separate organization, strategy and product. If you wait for someone else to execute your vision, it's too late, even if they're great.

If it?s ideal for a CEO to have the knowledge, moral authority, and commitment of a founder, the answer is simple:?Your transition process should bring the new CEO in as a co-founder of the company, not as an ?adult supervisor.

A co-founder is very different than a manager. For Hoffman, that was Jeff Weiner.

Hoffman's point is is that if a founder's not the right person to be a long term CEO, they'll know pretty early on. They're better off swallowing their pride and stepping down on their own terms. When it's not forced, they can take the time to find someone who they trust with both day to day operations and long term strategy, and actually get along with.?

And when it's done early, companies are less likely to stall out during the transition.

Read the full post here

NOW READ: Google's Larry Page Talks About His Management Philosophy

Source: http://www.businessinsider.com/when-founders-should-quit-2013-1

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Privacy Settings For The New Facebook Graph ... - Legal Productivity

Facebook Graph Search PrivacyFacebook has introduced a new search feature called Graph Search. It?s an exciting feature with all kinds of potential, but what exactly is now searchable on Facebook?

For starters, Graph Search will focus on People, Places, Photos and Interests. It turns personal information you have entered and shared on Facebook into a robust, searchable database.

With Graph Search, you can look up anything shared with you on Facebook, and others can find stuff you?ve shared with them, including content set to Public.

Searchable information

  • Find people based on things they?ve shared with you, including their interests and profile info.
  • Find friends by location.
  • Find photos you and your friends have posted or been tagged in, including photos hidden from timeline.
  • Discover things like restaurants and music through your friends and connections.

Facebook Graph Search Friends Privacy

Privacy choices

Graph Search raises a new set of privacy concerns, and although Facebook doesn?t allow you to opt out of search, your privacy choices determine what?s searchable.

To edit your privacy settings, click on the gears icon located in the top menu bar to the right of your name and choose ?Privacy Settings?.

  • Who can see your future posts? ? Change to ?Friends Only?. You can also limit the audience for your past posts.
  • Review all things and posts you?re tagged in ? Click on ?Use Activity Log?, ?Posts you?re tagged in?, and un-tag at will. Be aware that the person who tagged you will be notified of the un-tag. To avoid this headache in the future, go back to the ?Privacy Settings? page, click on ?Timeline and Tagging?, and under ?Who can add things to my Timeline?, switch ?Review posts friends tag you in before they appear on your Timeline? to ON.
  • Check your likes ? Graph Search searches your likes so go through and delete liberally. I deleted over 200 likes. You?d be surprised at some of the the stuff you liked on Facebook three or four years ago.

Facebook Graph Search is in limited beta right now, giving you an opportunity to ramp up your privacy settings. The promising search feature will probably encompass a wider swath of your information in subsequent updates so remember to review your setting occasionally to make sure that the information you share is the information you want to be found.

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Source: http://www.legalproductivity.com/legal-marketing/privacy-facebook-graph-search/

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S&P 500 Surges To 5-Year High On Possible Debt Ceiling Deal, Global Economy Hopes


* Blue chips: Travelers up after results, J&J slips
* Google, IBM and Texas Instruments to report after the bell
* Dow up 0.4 pct, S&P 500 up 0.3 pct, Nasdaq up 0.01 pct
By Rodrigo Campos
NEW YORK, Jan 22 (Reuters) - Cyclical sectors led the Standard & Poor's 500 to a five-year intraday high on Tuesday as traders gobbled up bank and commodity shares on hopes the global economy continues to mend.
The market also gained on signals that Republican leaders in the U.S. House of Representatives aim on Wednesday to pass a nearly four-month extension of the U.S. debt limit. The White House welcomed the move on Tuesday, saying it defuses fears of a U.S. default on its debt.
Adding to the upbeat sentiment, Portuguese 10-year debt yields fell below 6 percent for the first time since late 2010 on news that the country was set to tap the bond market this week for the first time since it was bailed out in 2011.
"Cyclicals underperformed late last year because of the fear of the fiscal cliff and the debt ceiling," said Jack de Gan, chief investment officer at Harbor Advisory Corp, in Portsmouth, New Hampshire.
He said overall better economic numbers in the United States and China, as well as more stabilization in Europe, were driving buyers into sectors associated with economic growth.
Gains were limited, however, as investors were cautious ahead of an increase in earnings reports and the S&P 500 was rising for the fifth straight day.
"Not very often do you go very far beyond that in the short term," De Gan said, "so any (bearish) news could turn us down for a day or so."
The Dow Jones industrial average rose 47.43 points or 0.35 percent, to 13,697.13. The S&P 500 gained 4.18 points or 0.28 percent, to 1,490.16. The Nasdaq Composite added 0.25 of a point, or 0.01 percent, to 3,134.96.
Freeport-McMoRan Copper & Gold led gains in the materials sector after it reported a 16 percent rise in fourth-quarter profit on higher production. Shares gained 5.4 percent to $35.44.
Technology shares underperformed as concerns about Apple's ability to continue to grow at hyper speed and a weak outlook from Intel Corp have diminished optimism about the sector's prospects. The S&P technology index was off 0.2 percent.
Major tech companies scheduled to report results after the market's close on Tuesday include Google Inc, IBM and Texas Instruments. Tech bellwethers Apple and Microsoft Corp are set to report earnings later this week.
"Any one of those, if there is a big surprise up or down, could shift the balance in the markets. So investors are being far more cautious than normal, especially with the market averages having broken out to five-year highs," said Fred Dickson, chief market strategist at D.A. Davidson & Co, in Lake Oswego, Oregon.
Four Dow components have already reported earnings Tuesday, and three rose on the results. Insurer Travelers was the standout, climbing 2.1 percent to $77.93.
Blue chips DuPont, the largest U.S. chemical company by market capitalization, and Verizon Communications also posted revenue that beat forecasts.
DuPont's shares gained 1.6 percent to $47.74 while Verizon's rose 0.4 percent to $42.73.
On the downside, shares of Johnson & Johnson, the diversified health company, slipped 0.8 percent to $72.66 after it forecast 2013 earnings below expectations.
Thomson Reuters data through Tuesday morning showed that of the 74 companies in the S&P 500 that have reported earnings so far, 62.2 percent have topped expectations, roughly even with the 62 percent average since 1994, but below the 65 percent average over the past four quarters.
Overall, S&P 500 fourth-quarter earnings are forecast to have risen 2.6 percent. That estimate is above the 1.9 percent forecast from the start of earnings season, but well below the 9.9 percent fourth-quarter earnings forecast from Oct. 1, the data showed.
U.S.-listed shares of Research in Motion jumped 11.3 percent to $17.63 a day after its chief executive said the Canadian company may consider strategic alliances with other companies after the launch of devices powered by RIM's new BlackBerry 10 operating system.

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Source: http://www.huffingtonpost.com/2013/01/22/sp-500-high-debt-ceiling-global-economy_n_2528500.html

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