Lila Lee Grummet: In Memory of my Cousin

Lila Lee Grummet
Lila Lee Grummet, age 80 of Alto, passed away Monday, May 22, 2017. She was preceded in death by her husband, Robert; and brother, Steven Green. She is survived by her children, Bob (Becky) Grummet, Bill (Carol) Grummet, Marilee (Mark) Trierweiler, Joe (Laurie Wenzel) Grummet; sister Linda (Denny) Hawk; 13 grandchildren; 29 great-grandchildren; and good friend, Pat Thomet. Lila Lee loved spending time with family and traveling. She was also an avid sportswoman, enjoying hunting and fishing. She was active in the Alto community as a member of the Alto Development Association, Head of the Alto United Methodist Church Administrative Board, and President of the United Methodist Women. The family will greet friends and family Thursday, May 25, from 9:30-11:00 a.m. at Alto United Methodist Church, 11365 64th St. SE, Alto, MI 49302. Memorial Funeral Services to follow at 11:00 a.m. at the church. Rev. Robert Wright officiating. Interment Bowne Center Cemetery. Memorial donations may be made to Alto United Methodist Church; Shriner’s Hospitals for Children Burn Care Clinic, 3229 Burnet Ave., Cincinnati, OH 45229; or Kent District Library Alto Branch; c/o Sandy Graham, 6071 Linfield Ave., Alto, MI 49302.
Comment: She was diagnosed with cancer on April 30th and died in just over 3 weeks. We spent 3 days with her a year ago. Lovely and will be missed. Obit for her husband (preceded her by 10 years). Obit for her brother Steve who died 2 years ago.

We had hoped to go to the funeral but she died last night at 10 pm and the Thursday funeral doesn't enable enough time to wrap things up here and get there.

My sister provides this interesting photo from what she believes is Mothers Day 1949

This was taken in Alto, MI (that's the old Methodist church in the background); My grandmother (Beulah Hayward) is in the front row center. Her husband Basil is standing behind her. Basil died December 1949 when I was 4 months old (not yet born in May of '49).  The boy next to granddad is my cousin Steve. The girl on the other side of grandpa is Lila (age 12). In front of Lila is my cousin Linda (my only surviving cousin). In front of Steve is my sister Nancy (age 3).

General Mills' Yogurt Problem

General Mills' Yoplait yogurt brand has foundered, falling behind Chobani—that’s only one problem for the packaged food giant.


These are boom times in the yogurt business. If you have any doubt, check out the dairy section of your local supermarket. For starters, chances are yogurts occupy a much bigger portion of it than they used to. You’re likely to see an abundance of brands claiming heritage from Greece, from Australia, from Bulgaria—even from Iceland. You prefer yours without cow’s milk? No problem. There are offerings based on sheep’s milk or the juice of a coconut. You can choose an ascetic unsweetened Greek yogurt that makes you grimace at its sourness, opt for a drinkable style—or pick a dessert-like option that lets you mix in “­cinnamon-glazed cake pieces,” to cite one example. The days when there were only a handful of brands, each with strawberry, blueberry, or raspberry preserves at the bottom, are far behind us.

Last year, nine of the top 10 yogurt brands enjoyed rising sales. Which one managed to sink even as a rising tide lifted all the other boats? Yoplait. Its sales have plunged 23% over the past year, according to market researcher IRI, after a 7% drop the prior year. Yoplait has fallen so much that its crown as the top U.S. yogurt brand was snatched by upstart Greek-style brand Chobani. (Danone, which owns a stable of varied brands, ranks No. 1 when their sales are combined.) Indeed, Yoplait’s shipwreck was so epic that its effect overwhelmed the combined sales increases for all other yogurt companies last year and caused the category in the U.S. to decline by 2%.
Comment: GIS is my sleepy stock: No growth but reliable dividend (for now). I wonder why General Mills didn't just buy out Chobani?

Roger Moore passes at 89

Roger Moore, star of 7 James Bond films, dies at 89 after cancer battle


Sir Roger Moore, who starred as James Bond in seven movies, has died. He was 89. The actor, author and UNICEF Goodwill ambassador passed following a brief battle with cancer. There will be a private funeral held in Monaco, his family said on Tuesday.

Comment: Not my favorite Bond. See list Vox: Sir Roger Moore is dead at 89. His James Bond was a secret comedic genius.Moore was 007 at his most quintessential, during the franchise’s most ridiculous era
Moore’s Bond era was perhaps its most cheekily ridiculous; as a series that had started out as tongue-in-cheek satire, it had rapidly trended toward bigger action scenes, over-the-top gadgets, and showboating self-parody. Moore’s primary job was to merge Bond’s charm with his rougher, beefier side through the franchise’s many fight scenes
On the positive side, we were given the cutest Bond girl in Britt Ekland (Man with the Golden Gun)

Britt Ekland as Mary Goodnight: Bond's assistant. Described by the critic of The Sunday Mirror as being "an astoundingly stupid blonde British agent"




Investing with the "Dogs of the Dow"

Dog Steps


Investing in the Dogs of the Dow is relatively simple. After the stock market closes on the last day of the year, of the 30 stocks that make up the Dow Jones Industrial Average, select the ten stocks which have the highest dividend yield. Then simply get in touch with your broker and invest an equal dollar amount in each of these ten high yield stocks. Then hold these ten "Dogs of the Dow" for one year. Repeat these steps each and every year. That's it!
Comment: The 2017 "Dogs"

Not my strategy but interesting. I recently sold 100 IBM and replaced with 100 AAPL. Not keen on CAT or KO. I would pick DE over CAT and PEP over KO

“Take up and read; Take up and read“ - but not just "any book"

Peggy Noonan's Commencement Speech, 128th Annual Commencement, Upper Church, Basilica of the National Shrine of the Immaculate Conception, May 13, 2017


But tomorrow put down the smart phone, put aside the internet of things, find the real and actual THING of things. Read and be taken away in a way that enriches, that strengthens, that makes you smarter, more serious, more worthy.

Keep it up. Pass it on. If your generation doesn't, it will disappear.

Civilization depends on it.

And so ends my chance to give you the advice the singing schoolchild made, unknowingly, to a bright, semi-wayward young man who would become a great one. "Pick up the book, take up the book" the schoolchild sang. And the man who would become St Augustine did, and changed himself, and changed our world.
The Confessions of Saint Augustine


So was I speaking and weeping in the most bitter contrition of my heart, when, lo! I heard from a neighbouring house a voice, as of boy or girl, I know not, chanting, and oft repeating, “Take up and read; Take up and read. “ Instantly, my countenance altered, I began to think most intently whether children were wont in any kind of play to sing such words: nor could I remember ever to have heard the like. So checking the torrent of my tears, I arose; interpreting it to be no other than a command from God to open the book, and read the first chapter I should find. For I had heard of Antony, that coming in during the reading of the Gospel, he received the admonition, as if what was being read was spoken to him: Go, sell all that thou hast, and give to the poor, and thou shalt have treasure in heaven, and come and follow me: and by such oracle he was forthwith converted unto Thee. Eagerly then I returned to the place where Alypius was sitting; for there had I laid the volume of the Apostle when I arose thence. I seized, opened, and in silence read that section on which my eyes first fell: Not in rioting and drunkenness, not in chambering and wantonness, not in strife and envying; but put ye on the Lord Jesus Christ, and make not provision for the flesh, in concupiscence. No further would I read; nor needed I: for instantly at the end of this sentence, by a light as it were of serenity infused into my heart, all the darkness of doubt vanished away.

Then putting my finger between, or some other mark, I shut the volume, and with a calmed countenance made it known to Alypius. And what was wrought in him, which I knew not, he thus showed me. He asked to see what I had read: I showed him; and he looked even further than I had read, and I knew not what followed. This followed, him that is weak in the faith, receive; which he applied to himself, and disclosed to me. And by this admonition was he strengthened; and by a good resolution and purpose, and most corresponding to his character, wherein he did always very far differ from me, for the better, without any turbulent delay he joined me. Thence we go in to my mother; we tell her; she rejoiceth: we relate in order how it took place; she leaps for joy, and triumpheth, and blesseth Thee, Who are able to do above that which we ask or think; for she perceived that Thou hadst given her more for me, than she was wont to beg by her pitiful and most sorrowful groanings. For thou convertedst me unto Thyself, so that I sought neither wife, nor any hope of this world, standing in that rule of faith, where Thou hadst showed me unto her in a vision, so many years before. And Thou didst convert her mourning into joy, much more plentiful than she had desired, and in a much more precious and purer way than she erst required, by having grandchildren of my body.

Comment: “The Holy Scriptures are our letters from home.”― Augustine of Hippo. I appreciate Peggy but she completely missed the context.

Aside: Her column in the WSJ this week is a good read: Democracy Is Not Your Plaything  - When the circus comes to Washington, it consumes everything, absorbs all energy

From Satellite Sebring to Buick LaCrosse

Half of today’s vehicles blow away the baddest rides of the 1970s. But the reasons are more complicated than you might think.


If a 1976 driver were to somehow get his hands on a car from 2017, he’d be at grave risk of whiplash. Since those days, horsepower in the U.S. has almost doubled, with the median model climbing from 145 to 283 stallions. Not surprisingly, the entire U.S. fleet grew more game for a drag-race: The median time it took for a vehicle to go from 0 to 60 miles per hour was halved, from almost 14 seconds to seven.
Comment: I bought a 1973 Plymouth Satellite Sebring new in February 1973. As I recollect it was $ 4,200. It had a 400 cid  (6.55 liter) 185 hp engine. The LaCrosse has a 3.6 liter engine that generates 310 hp. About half the engine with about twice the hp. (and about 10 times the price, but the dollar isn't what it used to be!).


Carfentanil arrives in the Twin Cities

Elephant tranquilizer carfentanil linked to 5 more overdose deaths in Minnesota


Ten people in the Twin Cities metro have now died of overdoses related to carfentanil, a powerful opioid that is used as a tranquilizer for elephants and other large animals.

Authorities began warning people about carfentanil in March after it was revealed as the source of five overdose deaths. The Hennepin County Medical Examiner has now linked five additional overdose deaths to the drug.
Comment: Image source

How many American Atheists?

Way More Americans May Be Atheists Than We Thought


The number of atheists in the U.S. is still a matter of considerable debate. Recent surveys have found that only about one in 10 Americans report that they do not believe in God, and only about 3 percent identify as atheist. But a new study suggests that the true number of atheists could be much larger, perhaps even 10 times larger than previously estimated.

... Atheists have been on the fringe for quite some time. They remain one of the country’s most disliked “religious” groups: Only 30 percent of Americans have a “warm” view of atheists. Research has also shown that even as America has grown increasingly accepting of religious diversity, atheists have been the exception.

Americans express a considerable degree of intolerance toward atheists. More than half of Americans believe atheists should not be allowed to put up public displays that celebrate their beliefs (for example, a banner highlighting Americans’ freedom from religion under the Bill of Rights). More than one-third believe atheists should be banned from becoming president, and similar numbers believe they should be denied the opportunity to teach in public schools or the right to hold a rally.

And therein lies the problem: The stigma attached to the atheist label may prevent Americans from claiming it or sharing their beliefs with others. In certain parts of the country, pressure to conform to prevailing religious practices and beliefs is strong. A reporter with The Telegraph writing from rural Virginia, for example, found that for many atheists, being closeted makes a lot of sense. “The stakes are high,” said a Virginia Tech graduate who was raised Christian but is now an atheist. “Do I want to be supported by my friends and family, or am I going to risk being kicked out of clubs and organizations? It’s tempting just to avoid the whole issue.”

The fear of coming out shows up in polling too. A 2016 PRRI survey found that more than one-third of atheists reported hiding their religious identity or beliefs from friends and family members out of concerns that they would disapprove.

... Despite the fears that some nonbelievers have about coming out, 60 percent of Americans report knowing an atheist. Ten years ago, less than half the public reported knowing an atheist. Today, young adults are actually more likely to know an atheist than an evangelical Christian. These personal connections play a crucial role in reducing negative feelings. A decline in stigma may also encourage more atheists to come out. This would allow us to provide a more accurate estimate of atheists in the U.S. — is it 3 percent, 10 percent, or 26 percent? — and could fundamentally change our understanding of the American religious landscape.

Comment: The bolded sentence in the last paragraph is unsettling


Social Security Full Retirement Age: Patience is a Virtue

Retirement Planner: Full Retirement Age

The Benefits of Delaying

If you retire sometime between your full retirement age and age 70, you typically get a credit. For example, say you were born in 1944 and your full retirement age is 66. If you intend to take your benefits at age 68, you can get a credit of 8% per year multiplied by two (the number of years you waited). This makes your benefit 16% higher than the amount you would have received at age 66. You can also refer to your annual Social Security statement, which lists your projected benefits at age 62, full retirement age, and age 70. If you need a copy of your annual statement, you can request one from the Social Security Administration (SSA). If you feel like it will be difficult to wait, you're not alone. Even though most people would probably be better off delaying benefits, more than two-thirds of eligible workers take Social Security early.
Comment (what we did): I took my benefit at 66. We are delaying Kathee's until 70 (4 more years)


JCP vs AMZN - a tale of two stocks

JCP vs AMZN over 20 years

Amazon’s 49,000% Gain: The Most ‘Super’ of ‘Superstocks’ Since 1926


Finding the next Amazon.com, which first sold shares to the public 20 years ago this week, is hard. In fact, finding the last Amazon was hard, too. From 1926 through 2015, only 30 stocks accounted for one-third of the cumulative wealth generated by the entire U.S. stock market; Amazon was one.

That’s 30 out of a grand total of 25,782 companies that were publicly traded over that period.​ The search might not be completely futile, but many investors are going about it the wrong way. That’s because the average return of the stock market, and the return of the average stock in the market, are nothing alike. Even though the stock market generates positive average returns over time, more than half of all stocks lose money over their lives as public companies, and the number of stocks that make big money is astonishingly small. ...

Amazon beat the return on cash by an average of 36% annually through the end of 2015, the highest rate among any of the superstocks, his research finds. (Altria Group grew at a lower rate but, because it was around for all nine decades, increased investors’ money more than 2 million fold.) “How hard it is to envision how great a great company can become!” says James Anderson, a partner and senior investment manager at Baillie Gifford & Co., an Edinburgh-based firm that has owned Amazon stock since 2004 and is now the eighth-largest institutional holder of the shares. All that time, he recalls, Amazon offered “no earnings and no guidance,” which ensured that even as the stock rose over time, “there wasn’t an excess of enthusiasts or an absence of shorts” who were betting against it.
Comment:  JCP IPO'd on January 13th, 1978. AMZN: May 15, 2017 — is the 20th anniversary of Amazon.com Inc.'s (Nasdaq: AMZN Amazon.com Inc AMZN 944.76 -2.21% ) initial public offering (IPO). Those in the investment industry know that Amazon has been a hot stock for quite some time. However, this was not always the case. When Amazon first went public in 1997, its stock was priced at just $18 per share. From that modest beginning, the online retail giant has seen its stock skyrocket, despite a rocky period during the dot-com crash. In fact, if you had invested just $100 in Amazon's IPO, that investment would have been worth $63,990 by close last Friday. On the 20th anniversary of its IPO, the stock price opened at $958.68, slightly under the all time high the previous week at $962.

I have neither JC Penney nor Amazon. I can tell you that had I been investing 20 years ago, I wouldn't have given AMZN a second look. I could have bought it 5 years ago but passed. Missed opportunity!

The Market and Presidential Crisis

Here's what the stock market did during Watergate — and why


Everyone these days seems to have one word on the tip of their tongues: Watergate. In the 1970s, the U.S. stock market endured one of the longest and most brutal bear markets in its history. After the Dow nearly topped 1,000 — topping out at 990 — for the first time in 1966, it would not regain this level on a closing basis until 1982. It would never trade below that level again.

In 1979, BusinessWeek famously published its cover declaring the “Death of Equities.” Inflation was running in double-digits while unemployment rose as “stagflation” riddled the economy.

In the months around Watergate, there was certainly political turmoil for investors to worry about, but the economic headwinds were far more problematic for the stock market, which endured one of its worst stretches in history. From the start of 1973 through Nixon’s resignation in August 1974, the S&P 500 fell about 50%. ...

Inflation ... was running in the double-digits. Consumer prices rose 3.6% from the prior year in January 1973. One year later, inflation was running at 9.6% year-on-year; by November 1974, inflation was up 12% year-on-year. Unemployment, meanwhile rose throughout 1974, eventually hitting 9% by May 1975.
Comment: We were kind of in the market then but not strongly and we bailed out completely. We had a brokerage account and had perhaps 100 shares of the Southern Company. I also had bought several hundred shares of a solar company called Alpha Solarco. It failed. We worked for IBM then and bought shares of IBM through a stock purchase plan. In the Fall of 1976 we sold all and used the proceeds  as a down payment on a house in Pittsburgh.

More: Impeachment of Trump "would blow the market away" (Jack Welch)

WSJ: Loose Lips Sink Presidencies


Stephen Hopkins (Mayflower passenger)

  1. Stephen Hopkins, "Mayflower" Passenger d 1644 signer of the Mayflower Compact  Wiki article 
  2. Constance Snow, "Mayflower" Passenger d 1677 / husband Nicolas Snow
  3. Mary Snow d 1704 m Thomas Paine
  4. Mary Paine d before January 21, 1723 or 1724 / m2 = Israel Cole
  5. Hannah Cole d Feb 25, 1716 or 17 / married Samuel Higgins d 1761
  6. Israel Higgins d 1788 m Ruth (Mayo) Smith

  7. Israel Higgins, Jr. d 1793 m2 Elizabeth Aiken 

  8. William Higgins d 1846 m Abigail Strong

  9. Hugh Higgins d 1876 / m Eliza Osgood d 1860
  10. Ami Whitney Higgins d 1899 / m Henrietta Williams d 1908
  11. Albert Higgins d 1917 / m Sarah Rappleye d 1922
  12. Edna May Higgins d 1941 / m Charles Van Vrankin d 1946
  13. Beulah Van Vrankin d 1980 / m Basil Hayward d 1949
  14. Cleone Hayward d 2016 / m Alvah Peet d 1999

  15. Jim Peet b 1949 / m Kathleen White b 1951 / married 1974