Pardon Me While I Gloat

And they thought I was nuts.

The last time I bought Apple stock, it was trading for $15/share (July 18, 2002). I bought 100 shares.

Apple wasn’t doing very well back then. Everyone said I was nuts, that I was throwing my money away. I was starting to believe them. I was starting to wonder whether my Mac how-to book writing days were numbered.

Since then, Apple stock has split once (February 28, 2005), turning my 50 shares into 100 shares. And as I type this, it’s trading for more than $110 per share. And, with the exception of two downturns — a small one starting right around the time of the stock split and another larger and longer one starting in January 2006 — it’s been a pretty smooth right up. This chart from my Quicken data file, which I I use to track all my investments, tells the story for the past five years:

Apple Stock for the past 5 years

In the image, the red S’s indicate where I sold stock. The split is also marked, but can’t be seen clearly in this tight graph. I’ve owned Apple stock since 1996 and tend to buy and sell periodically as my personal cash flow varies.

Right now, I’m hoping for another split. I don’t want to sell the certificate for 50 shares that’s in my safe; it’s an old certificate and features the 6-color Apple logo. I don’t know what new certificates look like, but it wouldn’t surprise me if Apple did away with the logo on its stock, too. The certificate is a collector’s item — one currently worth at least $5,500. I’d pull it out and scan it to show it to you, but the safe is locked and I don’t have the combination.

Do they even issue stock certificates anymore? I haven’t gotten one in ages. And I don’t even remember where this one came from. Could it date back to my pre-online broker days? It seems likely.

Anyway, seeing the current price of the stock made me feel like gloating just a little. When everyone else was dumping their Apple stock, a few of the faithful remained — well, faithful.

And right now, that looks like a good business decision, too.

Clean Up Patrol

I clear out my old office.

I”ve owned a condo in Wickenburg for the past eight or so years. It was the first non-stock investment I made when I started making decent money. I figured that real estate is always a good investment, and it would be nice to have a property that someone else paid for. So I bought the condo — which had been previously occupied by a single renter for 11 years — and put it up for rent.

The condo isn’t anything special. It’s two bedrooms, one bath, with a kitchen that’s separated from the living room by a breakfast bar. Total square feet is about 900. The big living room window faces out to the parking lot, a park where there are ball fields and the town pool, and the mountains. The bedroom windows face out on another parking lot and route 93, which is the main thoroughfare between Phoenix and Las Vegas for cars and trucks. The condo property includes a well-maintained swimming pool, a not-so-well-maintained spa, and mailboxes. (A big deal in a town that’s only had mail delivery for about 15 years. The place is a short walk to a supermarket and other shopping and is well within walking distance to two schools.

I put it up for rent within a month of closing on it and had a tenant within a month. Thus began my long career as a landlord.

Being a Landlord Sucks

Being a landlord is not a job for the faint of heart. Although most tenants show at least some level of responsibility, there are always a few in the crowd who will treat your property like it belongs to their worse enemy. Some tenants go out of their way to find things to complain about — one family complained so many times about how the shower door didn’t roll properly that Mike and I went to the apartment, removed the shower door, and replaced it with a curtain. (Let’s see you have problems with that.) And did I mention that the average tenant isn’t interested in living in the same place for 11 years? I witnessed a parade of four tenants in less than five years, with lots of cleaning and painting and empty unit time between them. Anyone who thinks being a landlord manager is an easy way to make a living is fooling himself. It’s a pain in the ass.

To make matters worse, I had another good year and bought another property. That one was a 3-lot parcel with a 4-unit studio apartment building and two bedroom, two bath house on it. What the hell was I thinking? I multiplied my single unit landlord headaches by five. Now there was always an empty unit somewhere, a unit to clean, a tenant complaint to deal with, an apartment to advertise and show.

I won’t go into the gory details. I’ll just say that after trying a rental agent (who took a fully-occupied property and had it down to just one tenant in four months) and letting Mike manage the place for a short while, I got smart and sold the larger of the two properties, leaving me with the condo.

In the meantime, the condo’s last tenants, a young married couple with a baby, terminated their lease early and disappeared. But not before they completely trashed the carpet, doing what would turn out to be $1,600 in damage.

I’d had enough. I was sick of being a landlord. I decided to take the apartment off the market and move my office into it.

An Office in Town

Having an office outside my home for the first time in about 12 years was a treat. My work wasn’t in my face all the time. I didn’t drift from the kitchen to my office and get caught up reading e-mail or working through edits. I went to work in the morning, worked until I felt done for the day, and went home to a life. Mike, who was working from home at the time, did the same. I took the condo’s living room, so I could look out over the mountains, and Mike took the larger of the two bedrooms. The place had everything we needed to be comfortable — full kitchen with dishwasher, bathroom, and access to high-speed Internet. (For about a year, MIke had wireless access that we think he picked up from the local Radio Shack. Ah, the days of unsecured wireless networks.)

The really good part about all this is that we reclaimed both of the bedrooms we’d been using as offices at home. Mike’s old office became the full-time guest room, with all the furniture you’d expect to find in a bedroom. My old office became the “library,” with all of our non-work related books, a desk, framed maps, and a futon for overflow guests. We usually kept the guest room closed off in the summer and winter so we didn’t have to air condition or heat it.

Of course, there were some drawbacks to the office situation. First of all, my office was about 6 miles away, which meant that if I needed something there, I was taking a drive. I had everything there except my 12″ PowerBook, so I dealt with all work-related matters there. For a while, we didn’t even have Internet access at home, since we didn’t “need” it. (It didn’t take long for that to change.)

But the worst part of the situation was when I got calls in the middle of the day for a helicopter flight. The airport is on the opposite end of town. So if I got a call for a flight that day, I’d have to pretty much drop everything I was doing, lock up the office, hop in my vehicle, drive home to put on some more appropriate clothing, and drive to the airport to preflight the helicopter and pull it out. That took a minimum of an hour. When the flight was over, I’d do the same thing in reverse. By the time I got back to my office, my concentration was gone and I wasn’t usually able to get back to writing. Sometimes, the whole day would be shot to hell for a 25-minute tour around Wickenburg that put just $195 in the bank — that’s gross, not net.

When space opened up at the airport for an office, I tried to get it. The Town of Wickenburg’s Airport Manager jerked me around to no end. (If you think coming to Wickenburg to start a business is easy, think again. It seems that the town management isn’t happy unless they present at least a dozen hoops for a new business owner to jump through. The smart ones take their plans elsewhere. I’ve spoken to three different people who were interested in bringing medium sized businesses to Wickenburg, and all three said they’d built their businesses elsewhere after dealing with the town.) It took over a year, intervention from the FAA, an RFP process, and the threat of a discrimination case to get a contract. Now I’m wondering whether I want the Town of Wickenburg for a landlord. Like the smart folks who give up when they see the hoops, I don’t think I do.

So I moved my office back home.

There’s No Place Like Home

The move wasn’t easy, but we were smart enough to do it in the winter months, when it was comfortably cool during the day. We gave away a lot of furniture so we could fit my desk and the things I needed back in the library. All the books went back upstairs, into some built-in shelves, so my work books — including the ones I’ve written — could go in my office. Mike, who now has much less need for space, took the library’s desk upstairs and set that up by one of the big windows with the good views. We put his old desk in my hangar, so I had more space there to do my FAA-required paperwork. (My old desk there had gone up to Howard Mesa months before.)

So now I live with my work again and, frankly, I don’t mind one bit.

I had a book to write, so I got right down to work before everything in the condo had been moved. It I was more ambitious about it, I would have cleared the place out right away, had it thoroughly cleaned, and put it back up for rent. But I dreaded the thought of dealing with all the accumulated paper — including boxes I’d packed in our first Wickenburg home (an apartment on Palm Drive) and ones I’d packed back in New Jersey ten years ago. So I just moved everything aside to give the carpet folks room to lay the new carpet, turned the heat pump off, and locked the place up.

Now I’m Cleaning Up

Months passed. And I finally did something radical to get me to clean up: I hired a professional cleaner. And I told her to come next Wednesday, when I’ll be away in California.

Of course, I don’t expect her to go through all my crap and box it up for my office or storage. That’s something only I can do.

I put it off as long as I could. Yesterday, I had a dawn photo flight here in Wickenburg and a lunch meeting with one of the companies I advertise with. A good day to work on my old office, I reasoned. Lunch would make a good mid-day break. I’d put in 6 hours or so and be done.

Wrong! Although lunch was a good break, I didn’t come close to finishing. I worked in the condo from about 8:30 AM to 11 AM, did some errands, went for lunch, and got back to work at 1 PM. Then I spent the next 3-1/2 hours going at it.

I threw away 7 tall kitchen bags — you know, the 13-gallon size? — full of junk, including stuff I’d saved for more than 15 years. I got rid of all the Apple promotional and developer disks I’d accumulated from 1992 through 2001. I got rid of old software and manuals. I got rid of magazines — about 40 issues of MacAddict that were still in their original wrappers. I got rid of loose receipts, bills, and bank statements. I was ruthless. My hands got filthy — I washed them at least once an hour. My feet got sore from walking barefoot on the cheap carpet I’d had installed in the place.

I filled six file boxes with stuff I wanted to keep. I made piles of stuff to give away — some stuff for the cleaner, miscellaneous paper items for my neighbor’s kids to do crafts, photo and negative holders for a photographer friend, empty CD-cases for the local print shop guy (who also uses Macs).

Later, at 4:15 PM, when Mike rolled up to help me take some of the boxes out, I was exhausted. We loaded most of the boxes into my Jeep and his car, dropped some of them off in storage, and brought the rest home.

But I’m not done.

I’m mostly done. I don’t think I’ll need more than another 4 or so hours. And frankly, I might take the lazy way out and just box up the stuff and stick it in storage without sorting through it. It’s a terrible, nasty job, but there’s only me to blame for it. I just keep too much crap.

So today, after getting a haircut at 8:30 AM, I’ll go back to work in the condo. I’ll get all the loose stuff gathered together, throw away some more junk, and stack up the boxes to go into storage.

Hell, at least I can turn on the air conditioner.

Gila Monster

My first Final Cut Express video project.

After spending three days going through a tutorial to learn Final Cut Express HD, I was ready to create my first video project. I’m sharing it with blog readers so you can see how much effort a person can expend on 25 seconds of video.

About the Project

This particular project features a Gila Monster (pronounced “heela monster”), which is a rather large lizard that can be found in the Arizona desert. If I’m lucky, I see one or two of these in a year, so they’re not exactly common. They are, like so many things in the desert, poisonous, so you don’t want to get too close. But since they’re not exactly fast and they’re definitely not aggressive, you can get photos of them in action if you have equipment with you.

On a backroad trip with Mike and some friends, we happened to come upon one croassing the road. I had my video camera with me and whipped it out to capture some pretty decent footage. This Final Cut Express project cuts out the boring shaky bits, replaces our silly comments with music, and adds opening and closing titles. This is the first in a series of short videos I hope to add to wickenburg-az.com, so make the site more interesting to visitors.

But this is also an experiment to check out video formats and Final Cut Express’s export feature. I had great success when exporting to QuickTime movie format, for iPod, and for Apple TV. But the Windows Media Player export didn’t work right at all and the AVI format was extremely poor quality, despite the file size, so I’m not going to distribute them. I just spent another few minutes using the iPod version of the file to create an e-mail version using QuickTime’s Share command. That worked best of all for the Web view of the file. Only 3.3 MB (which is smaller than the iPod version, and it looks pretty good.

Getting it Online

XHTML purists will tell you that the EMBED tag is a no-no in Web development. I think it has something to do with Internet Explorer which, for some reason, can’t interpret XHTML and CSS like the rest of the Web browsers on this planet.

So this project is also an experiment to see if the QuickTime Embed plugin for WordPress will work. If you’re reading this article shortly after I put it online and there’s no QuickTime movie below (or if the whole site is messed up), it’s because I’m trying this out and debugging. (Check in again in about 30 minutes.)

That said, here’s the movie with a Poster movie. I think I’l leave the iPod file for wickenburg-az.com distribution.

[qt:https://aneclecticmind.com/wp-content/movies/GilaMonster-web.mov https://aneclecticmind.com/wp-content/movies/GilaMonster-web-poster.mov 480 335]

HAI — and General Aviation Pilots Nationwide — Need Your Help!

A call for help from Helicopter Association International.

As most pilots should know, the U.S. government is attempting to pass legislation which would, in effect, fund the repeated airline financial bailouts with money collect from general aviation pilots and operators. This will directly affect my business, as well as other small aviation operators. It will also raise the costs on many general aviation services, including, as HAI points out, EMS helicopter transportation and firefighting. These are the services that rush people outside of big cities to hospitals when they have heart attacks or serious car accidents and protect our homes from forest and brush fires.

Here’s an e-mail I just got from HAI. It not only explains the problem, but offers a toll-free number you can use to call your Senators and voice your opposition to user fees.

Congress has reached a critical stage in drafting a bill to reauthorize the Federal Aviation Administration (FAA). U.S. Senate draft bill, S. 1300, establishes a new $25 per-flight “user fee” for all turbine powered planes as well as more stringent requirements for Emergency Medical Services (EMS) operators. The way the current draft is written, helicopters would not be exempt from this “surcharge”. This legislation will be considered and voted upon by the Senate Commerce Committee THIS WEDNESDAY May 16. It is critically important that you contact your Senator TODAY to tell them to support an Amendment to the Senate Commerce FAA bill to remove “user fees” from S. 1300.

Every voice counts, and your voice needs to be heard in Washington. You joined Helicopter Association International (HAI) for a reason. Helping you to sustain your operations and keeping you abreast of important legislative and regulatory changes is one of the most important jobs HAI performs as your advocate before Congress.

If you have never picked up the phone to make a call on an important issue, now is the time for you to start. HAI has partnered with the Alliance for Aviation Across America, and we’ve made it easier than ever to contact your Senator. The message you need to send to your Senator: ask them to support an amendment to the Senate Commerce FAA bill to remove “user fees” and “surcharges” from S. 1300. Tell your Senator you oppose a federal fuel tax increase for helicopters. Existing helicopter fuel fax exemptions for logging, firefighting, EMS, as well as offshore oil and gas exploration should be preserved.

Please call toll-free 1-866-908-5898 to be automatically connected to your Senator’s office. You may hear a few seconds of dead air while you are being connected. Keep calling. Tell your friends and business associates to call too. Senator David Vitter (R-Louisiana) serves on the Commerce Committee and it is especially important that he hear directly from HAI members and the families behind the 650+ helicopters in the Gulf.

There is still time for Senators to stand up for small businesses, small towns, and general aviation by sponsoring this important amendment and listening to the voices of their constituents and the helicopter operators affected by requirements contained in S. 1300. Every vote on our side at the May 16 Commerce Committee hearing brings general aviation that much closer to defeating this legislation. The big airlines’ lobbyists will succeed in pushing their costs on general aviation unless our industry acts.

Be informed. Check HAI’s website, www.rotor.com for important updates on the EMS requirements. HAI is working for you on issues of importance to our industry. Make that call today!

Personally, I can’t understand why the U.S. government continues to subsidize airlines that cannot remain profitable. Why is it that some airlines are able to be profitable and others can’t be? Could it be the top-heavy management and huge compensation packages? And why should U.S. citizens subsidize bad financial management with tax dollars?

It is unfair for the government to shift the burden of commercial aviation bailouts to small aviation operators and private pilots. Please — even if you don’t fly or know a pilot — please call or write your Senator to tell him/her that you oppose general aviation user fees and tax hikes.

We Need Alaska Tour Advice

What can you recommend?

After talking about it for several years, my husband and I have finally booked a vacation in Alaska. We’re going for two weeks in the beginning of June.

Our Trip

Our 2-week trip will have three parts:

  • Five days on land, starting and ending in Anchorage. We’ll be spending two nights in Anchorage with some friends before taking the train to Denali. We have two nights there in the park before returning to Anchorage.
  • One week on Radiance of the Seas, a Royal Caribbean cruise ship (ironically, the only one we’ve ever been on) with a southbound cruise to Vancouver, BC. The itinerary includes Seward (our starting port), Hubbard Glacier (cruising), Juneau, Skagway, Icy Strait Point, Ketchikan, Inside Passage (cruising), and Vancouver (our ending port).
  • Three days in Seattle, visiting with Mike’s cousin.

What Should We Do Each Day?

I’d like to hear from experienced Alaska travelers (or residents) about the kinds of day trips, activities, and/or tours they recommend — or think we should steer clear of.

Mike and I are relatively active people who prefer activities that require us to get out and move around. We don’t want to sit on a motorcoach (i.e., a bus) for more than 30 minutes and will do it only if there’s no other way to get where we need to go. We don’t like events that are orchestrated, like lumberjack shows and indian village dance revues. We prefer activities that don’t attract a lot of families with small kids or less active participants. While we understand the importance of scheduling, we don’t like tours that rush us around from one place to another or tours that expect you to sit around waiting for an activity to begin.

I want to enjoy one or two or three activities each day and get back to the hotel or boat feeling exhausted and as if I’ve seen more than I can comprehend.

We are on a budget, so we can’t afford to drop $500 per person each day on entertainment. (I’ve seen some of the pricing for package tours and it’s scary.) Although we don’t mind dropping a bunch of money on a really special trip, we can’t do it more than once or maybe twice. And it would have to be very special.

I prefer working with small tour operators rather than the big ones that the cruise ship companies use. They usually offer more personalized service and, because they don’t have to cut in the cruise lines, they’re more affordable. (In Sedona, for example, I always put my passengers on a Jeep with Earth Wisdom instead of Pink Jeep Tours because I don’t like my passengers to feel “processed.” Ditto for Maverick instead of Papillon at the Grand Canyon.) That’s not to say that I won’t work with a bigger tour operator, but I certainly don’t want to be “one of hundreds” on a tour.

Some of the things we’re interested in include:

  • Salmon fishing (if we can bring our catch home)
  • Air tours (helicopter and/or seaplane) if they include ground activities.
  • Whale watching (although I think we’ll get enough of that from the ship).
  • Hiking or biking if not too strenuous. (I’m active but still out of shape.)
  • Nature observation and photography.

If You Have Suggestions, Please Help!

Although I can wade through a pile of tourist literature both in brochures and on the Web, I was hoping for activities that the average tourist doesn’t participate in. That means I need suggestions.

What have you done on an Alaska vacation? What do you think we might like? Don’t keep it a secret! Use the Comment link or form to share it with us. I need your help!