Shoe Repairs And Several Other Things When I Was 7

Shoe Repairs And Several Other Things When I Was 7
My Dad repaired most of our shoes believe it or not, I can hardly believe it myself now. With 7 pairs of shoes always needing repairs I think he was quite clever to learn how to “Keep us in shoe Leather” to coin a phrase!

He bought several different sizes of cast iron cobbler’s “lasts”. Last, the old English “Laest” meaning footprint. Lasts were holding devices shaped like a human foot. I have no idea where he would have bought the shoe leather. Only that it was a beautiful creamy, shiny colour and the smell was lovely.

But I do remember our shoes turned upside down on and fitted into these lasts, my Dad cutting the leather around the shape of the shoe, and then hammering nails, into the leather shape. Sometimes we’d feel one or 2 of those nails poking through the insides of our shoes, but our dad always fixed it.

Hiking and Swimming Galas
Dad was a very outdoorsy type, unlike my mother, who was probably too busy indoors. She also enjoyed the peace and quiet when he took us off for the day!

Anyway, he often took us hiking in the mountains where we’d have a picnic of sandwiches and flasks of tea. And more often than not we went by steam train.

We loved poking our heads out of the window until our eyes hurt like mad from a blast of soot blowing back from the engine. But sore, bloodshot eyes never dampened our enthusiasm.

Dad was an avid swimmer and water polo player, and he used to take us to swimming galas, as they were called back then. He often took part in these galas. And again we always travelled by steam train.

Rowing Over To Ireland’s Eye
That’s what we did back then, we had to go by rowboat, the only way to get to Ireland’s eye, which is 15 minutes from mainland Howth. From there we could see Malahide, Lambay Island and Howth Head of course. These days you can take a Round Trip Cruise on a small cruise ship!

But we thoroughly enjoyed rowing and once there we couldn’t wait to climb the rocks, and have a swim. We picnicked and watched the friendly seals doing their thing and showing off.

Not to mention all kinds of birdlife including the Puffin.The Martello Tower was also interesting but a bit dangerous to attempt entering. I’m getting lost in the past as I write, and have to drag myself back to the present.

Fun Outings with The camera Club
Dad was also a very keen amateur photographer, and was a member of a camera Club. There were many Sunday photography outings and along with us came other kids of the members of the club.

And we always had great fun while the adults busied themselves taking photos of everything and anything, it seemed to us. Dad was so serious about his photography that he set up a dark room where he developed and printed his photographs.

All black and white at the time. He and his camera club entered many of their favourites in exhibitions throughout Europe. I’m quite proud to say that many cups and medals were won by Dad. They have been shared amongst all his grandchildren which I find quite special.

He liked taking portraits of us kids too, mostly when we were in a state of untidiness, usually during play. Dad always preferred the natural look of messy hair and clothes in the photos of his children.

SPDN: An Inexpensive Way To Profit When The S&P 500 Falls

Summary
SPDN is not the largest or oldest way to short the S&P 500, but it’s a solid choice.
This ETF uses a variety of financial instruments to target a return opposite that of the S&P 500 Index.
SPDN’s 0.49% Expense Ratio is nearly half that of the larger, longer-tenured -1x Inverse S&P 500 ETF.
Details aside, the potential continuation of the equity bear market makes single-inverse ETFs an investment segment investor should be familiar with.
We rate SPDN a Strong Buy because we believe the risks of a continued bear market greatly outweigh the possibility of a quick return to a bull market.
Put a gear stick into R position, (Reverse).
Birdlkportfolio

By Rob Isbitts

Summary
The S&P 500 is in a bear market, and we don’t see a quick-fix. Many investors assume the only way to navigate a potentially long-term bear market is to hide in cash, day-trade or “just hang in there” while the bear takes their retirement nest egg.

The Direxion Daily S&P 500® Bear 1X ETF (NYSEARCA:SPDN) is one of a class of single-inverse ETFs that allow investors to profit from down moves in the stock market.

SPDN is an unleveraged, liquid, low-cost way to either try to hedge an equity portfolio, profit from a decline in the S&P 500, or both. We rate it a Strong Buy, given our concern about the intermediate-term outlook for the global equity market.

Strategy
SPDN keeps it simple. If the S&P 500 goes up by X%, it should go down by X%. The opposite is also expected.

Proprietary ETF Grades
Offense/Defense: Defense

Segment: Inverse Equity

Sub-Segment: Inverse S&P 500

Correlation (vs. S&P 500): Very High (inverse)

Expected Volatility (vs. S&P 500): Similar (but opposite)

Holding Analysis
SPDN does not rely on shorting individual stocks in the S&P 500. Instead, the managers typically use a combination of futures, swaps and other derivative instruments to create a portfolio that consistently aims to deliver the opposite of what the S&P 500 does.

Strengths
SPDN is a fairly “no-frills” way to do what many investors probably wished they could do during the first 9 months of 2022 and in past bear markets: find something that goes up when the “market” goes down. After all, bonds are not the answer they used to be, commodities like gold have, shall we say, lost their luster. And moving to cash creates the issue of making two correct timing decisions, when to get in and when to get out. SPDN and its single-inverse ETF brethren offer a liquid tool to use in a variety of ways, depending on what a particular investor wants to achieve.

Weaknesses
The weakness of any inverse ETF is that it does the opposite of what the market does, when the market goes up. So, even in bear markets when the broader market trend is down, sharp bear market rallies (or any rallies for that matter) in the S&P 500 will cause SPDN to drop as much as the market goes up.

Opportunities
While inverse ETFs have a reputation in some circles as nothing more than day-trading vehicles, our own experience with them is, pardon the pun, exactly the opposite! We encourage investors to try to better-understand single inverse ETFs like SPDN. While traders tend to gravitate to leveraged inverse ETFs (which actually are day-trading tools), we believe that in an extended bear market, SPDN and its ilk could be a game-saver for many portfolios.

Threats
SPDN and most other single inverse ETFs are vulnerable to a sustained rise in the price of the index it aims to deliver the inverse of. But that threat of loss in a rising market means that when an investor considers SPDN, they should also have a game plan for how and when they will deploy this unique portfolio weapon.

Proprietary Technical Ratings
Short-Term Rating (next 3 months): Strong Buy

Long-Term Rating (next 12 months): Buy

Conclusions
ETF Quality Opinion
SPDN does what it aims to do, and has done so for over 6 years now. For a while, it was largely-ignored, given the existence of a similar ETF that has been around much longer. But the more tenured SPDN has become, the more attractive it looks as an alternative.

ETF Investment Opinion

SPDN is rated Strong Buy because the S&P 500 continues to look as vulnerable to further decline. And, while the market bottomed in mid-June, rallied, then waffled since that time, our proprietary macro market indicators all point to much greater risk of a major decline from this level than a fast return to bull market glory. Thus, SPDN is at best a way to exploit and attack the bear, and at worst a hedge on an otherwise equity-laden portfolio.

Quinoa Nutritional Value: Best For People Who Want To Lose Weight

With every food we buy, whether processed or not, it is imperative to know what you are or what you’ll be eating – meaning the nutritional value that you get from your meal. Food or dining is not simply a form of entertainment or filling one’s stomach; it’s also about caring for your health and physique.For sure you have heard or read of Quinoa, the super food, many times already; or even if this is your first time. I’m sure you’re still excited and curious to know what it contains that people are branding it super food and mother of all grains. In this article, you’ll learn of not only the nutritional value in 1 serving of Quinoa (1 cup = 170 to 185 g), but also some of the real value (benefits) you get from Quinoa Nutritional Value based on a 2000 calorie diet.Quinoa Nutritional Value – Calories (185.5 kcal)Calorie is the main source of energy that you get from the food you eat. 6 calories is enough to sustain your skeletal muscles and bones and brain’s activities throughout the day! If you eat 1 serving of Quinoa in every meal of the day, you are already sustaining your body the energy it needs to function all day long.Quinoa Nutritional Value – Total Fat (4g)This makes Quinoa really interesting for weight losers. Of course, you cannot escape from taking in fats, forever. In fact you should not totally avoid them because they are needed for body maintenance – brain development in children, and growth support and energy. Fats are also for soft skin and shiny hair. Not to mention, fats are also needed by the body when producing hormones.Quinoa Nutritional Value – Cholesterol (0mg)Oh yes, you’re seeing it right. 1 cup of Quinoa does not contain cholesterol. Cholesterol is like fat in terms of health benefits. But don’t fret you already have the fats you need, you won’t need additional which will come from cholesterol.Quinoa Nutritional Value – Sodium (13mg)Nutritionists and doctors advise us to take 1500mg or less sodium a day. So hurray! You can eat 3 servings of Quinoa (1 for each meal) a day together with another one of your favorite dish, without consuming so much sodium (just make sure the other dishes you’re pairing Quinoa with contains 500mg of sodium each).Quinoa Nutritional Value – Carbohydrates (29g)Carbohydrates from Quinoa are good carbs. They are slow releasing, making your craving for junk foods lower. In a 2000 calorie diet, you should be taking in 250g of carbohydrates. In one cup of Quinoa, you are almost getting the right proportion of carbohydrates per calories your body needs. The level of carbohydrates is also ideal for diabetics in correcting the level of their blood sugars.Quinoa Nutritional Value – Protein (8g)Each day, you’ll need around 40-50g of protein. The good thing about protein from Quinoa is that it has a balanced composition of all the essential amino acids that are needed by the body to alleviate diseases and disorders. It is known to combat anxiety, control ADD in both the adultQuinoa Nutritional Value – Calcium (66mg)2500mg of calcium a day is safe, as per scientists and doctors. No one has overdosed in calcium yet, in fact, most of us are calcium deficient. But nonetheless, we don’t need this much calcium. Eight ounce glasses of milk per day, then you are already getting enough calcium. 1 ounce of milk contains about 35mg of calcium. This means you are already getting almost double the amount of calcium in an ounce of milk when you eat 1 cup of Quinoa. Hmm, talk about healthy!Quinoa Nutritional Value – Iron (3.93mg)Iron is the chief component of our red blood cells. It is necessary for producing hemoglobin. Hemoglobin is the one that carries oxygen throughout our body. The amount of iron that a pre-menopausal woman needs is 18mg. A post-menopausal woman needs 8mg, same with men; breastfeeding women need 1 more mg; pregnant women need a lot of iron (27mg)! If you eat Quinoa, you are already sure you have 1/6 or 1/3 the iron you need.Quinoa Nutritional Value – Vitamin E (1.2mg)Vitamin E is very abundant in grains and green leafy vegetables; and just a trivia, Quinoa is a quasi-grain. It is really a vegetable, just like spinach. We need at least 15mg of Vitamin E a day. Vitamin E protects us from harmful free radicals because it is an antioxidant. Quinoa already makes sure you get a dose of some Vitamin E already.Quinoa Nutritional Value – Zinc (2mg)Usually, zinc is found in meats, and not in grains. Imagine eating a grain that already provides you with zinc, that’s something rare. Zinc provides stronger immunity, helps heal wounds faster and promotes good eyesight when you age. The usual amount of zinc that a person needs is 15mg daily.Quinoa Nutritional Value – Fiber (2.51g)Ok, you already know Quinoa is not really a grain. But who cares? It contains fiber anyway. You need around 15-30 grams per day. Fiber is the nutrition that is helping our body increase bowel movement – making you burn those fats faster and easier. Another trivia is that fiber lowers women’s risk of developing breast cancer by a huge percent.