text:
Our Firm
News and Updates
Parnassus Highlight
Print Version
Since Portfolio Manager Samantha Palm joined Parnassus Investments seven months ago, the fixed-income market has endured dramatic changes: expected returns, risk profiles and expectations for the future are all markedly different from the spring. While change isn't always easy, it can be managed with the right tools and a keen eye on the future. In this Parnassus Digest, Samantha will discuss changes in the fixed-income market and in the Parnassus Fixed-Income Fund, as well as opportunities in this market for the future.
The impact of rising interest rates is at the forefront of investors' minds today. While rising interest rates lead to lower bond prices, each asset class responds differently under these conditions. As a result, a portfolio's composition and characteristics can lead to markedly different performance relative to its peers.
First, and most importantly, when interest rates rise, available yields rise as well. This means that there is a reinvestment opportunity – or that funds received from maturing bonds can be reinvested at higher rates of return. Managers with a meaningful percentage of assets maturing in the next 24 months should benefit from reinvesting funds at higher yields for the same (or perhaps lower) credit risk. This is a boon for investors and helps temper the losses resulting from declining bond prices.
Second, not all investments experience the same degree of losses in a rising rate environment. In fact, during the Federal Reserve's last tightening cycle between 2004 and 2006, certain bond classes still had positive returns. According to a research paper published by Morgan Stanley last summer, convertible bonds, asset-backed securities, short-dated bonds, corporate credits and mortgage-backed securities all had positive returns during periods of tightening monetary policy.1 This means that opportunities continue to exist for investors to realize increased income, and mitigate losses, while yields rise.
One particularly important attribute of the Parnassus Fixed-Income Fund is its relatively conservative composition. Many other fixed-income funds, even those labeled "investment-grade," can have relatively high risk profiles as measured by beta. Beta is a measure of a portfolio's volatility relative to its benchmark. Portfolios with a beta of greater than 1 are more volatile than the index, whereas those with a beta of less than 1 are less volatile. As certain funds chased higher-yielding investments over the past four years, features like leverage and derivatives were used more heavily, thus increasing beta. When the market experienced losses last summer due to rapidly rising Treasury yields, the 10 largest bond funds with publically available data lost 6.51%, likely due to these risk-taking features, whereas the benchmark only lost 3.81%.2 As a result, I believe the conservative model used by the Parnassus Fixed-Income Fund is a benefit to investors looking to establish a sturdy foundation in their portfolios.
For a deeper dive into asset allocation and the role of fixed-income, please reference our recent white paper.3
Since I joined the firm on May 1, 2013 a number of important changes have been made to the portfolio. First, Treasury bonds have been deemphasized. The reason for this change is simple: Treasury bonds tend to underperform other asset classes in nearly all market conditions, except during times of fear. While rapid economic growth has remained elusive, all signs point to continued and steady growth. This means that other fixed-income asset classes should perform better, even if the Federal Reserve remains very accommodative. As an example, corporate bonds benefit as companies become healthier, generate more cash and accrue more earnings. Commercial mortgages also benefit in this environment, since those same businesses are then less likely to miss mortgage payments. In short, a strengthening economy diminishes the need to have a high proportion of Treasuries in the portfolio.
Second, the allocation of corporate debt increased. Corporate balance sheets are historically robust and, as the economy continues to recover, I expect corporations to continue to perform well. Given this, I believe the relative credit risk of high-quality corporations should decline and these credits are likely to perform well. As an example, FedEx Corporation, Motorola Solutions, Inc., and Nordstrom, Inc. have been added to the portfolio, based on the strength of their core businesses, their competitive advantages, their opportunities for margin improvement and the relative value of their bonds.4
Third, the allocation to mortgage debt increased. The Fund's mortgage exposure can be classified into two buckets: Commercial Mortgage-Backed Securities (CMBS) and U.S. Mortgage-Backed Securities (U.S. MBS). There are several differences between the two asset types. CMBS are pools of mortgages on commercial properties and can include loans for office buildings, retail centers, multi-family housing and hotels. On the other hand, U.S. MBS pools only include loans on residential properties and, because most have been issued by a government agency (like Freddie Mac or Fannie Mae), the loans conform to certain standards.
The pre-payment profiles for the two mortgage-backed securities are also different and, therefore, lend different characteristics to the portfolio. CMBS behave similarly to corporate credits because they have more predictable pre-payment periods. Borrowers are discouraged from pre-paying the mortgage by additional fees, so for a well-performing CMBS credit, it's more likely that the security will be repaid on schedule. However, CMBS are economically sensitive to the recovery of the real estate market: as tenants' financial profiles strengthen, the credit profile of CMBS improves, allowing the asset to perform well.
For U.S. MBS, the repayment of the principal is sensitive to both interest rates and economic growth. One important difference is that homeowners can pre-pay mortgages or refinance at any time. In times of economic growth, homeowners are less likely to refinance their home mortgage if interest rates rise (which leads to slower repayment of the bond), but are more likely to move into a bigger house or to a better neighborhood if their income rises (which leads to faster repayment of the bond). This means that an investor must carefully balance the composition of residential mortgages in a portfolio to optimize the return in a rising rate environment.
Finally, convertible bonds are being selectively added to the portfolio.1 Convertible bonds share properties of both debt and equity. Because the bond pays a coupon (or an interest payment) and has a final maturity date, at which point it is expected to be repaid, it can act very similarly to a traditional bond. However, because the bond can convert to equity if certain conditions are met (usually this means the stock price goes up and exceeds a target value over a period of time), holders of convertible notes also benefit if the equity appreciates. For that reason, convertible bonds can be a meaningful way to supplement fixed-income returns. Companies that issue convertibles generally fall into two categories: early-stage, high growth companies, and companies working through a major business model or financial model change. By leveraging the expertise and market knowledge of the Parnassus Investments equity research team, I can focus on companies with a defensible market position and disruptive products. By doing so, the goal is to add convertible bonds that have a lower risk profile and more upside potential.
It's been a bumpy road for the economy since the recession ended in 2009, but I remain encouraged by the most recent economic data. In fact, economic growth seems to be picking up momentum. It's likely that 2014 will continue to be turbulent as the Federal Reserve's Quantitative Easing program is removed, but a return to more normal policies and higher rates of growth is good for the economy. Because I expect interest rates to rise moderately through the next year, the Fund's duration is shorter than the benchmark's. As a reminder, duration is a measure of interest rate sensitivity and indicates how much, in percentage terms, a bond price will move for a 1% change in interest rates. A fund with a shorter duration has relatively less sensitivity to rising interest rates.
While the Fund's holdings will continue to evolve according to the opportunities listed above, the focus and objective will always be principal preservation with risk-balanced income generation.
Thank you for your trust and investment.
1Morgan Stanley. "Fixed Income in a Rising Rate Environment: What Are the Alternatives?" 2013.
2Source of data is Bloomberg L.P., calculations performed by Parnassus Investments.
4As of December 31, 2013 FedEx Corporation represented 1.5% of the Parnassus Fixed-Income Fund, Motorola Solutions, Inc. represented 1.4% of the Parnassus Fixed-Income Fund and Nordstrom, Inc. represented 0.4% of the Parnassus Fixed-Income Fund
5Parnassus Investments' data as of 12/31/2013.
The views expressed in this Parnassus Digest are subject to change at any time in response to changing circumstances in the markets and are not intended to predict or guarantee the future performance of any individual security, market sector or the markets generally, or the Parnassus Funds. Investment return and principal value will fluctuate, so that an investor's shares, when redeemed, may be worth more or less than their original cost. Investments in fixed-income securities are subject to interest rate risk, credit risk and market risk, each of which could have a negative impact on the value of these securities.
The Parnassus Funds are underwritten and distributed by Parnassus Funds Distributor, a subsidiary of Parnassus Investments and FINRA member.
Before investing, an investor should carefully consider the investment objectives, risks, charges and expenses of the Funds and should carefully read the prospectus or summary prospectus, which contains this information. A prospectus or summary prospectus can be obtained on the website, www.parnassus.com, or by calling (800) 999-3505.
May 1, 2017
- Invest With Us
- Request Fund Information
- Parnassus Funds Prospectus
- Parnassus Funds Brochure
Back to Top
© 2010-2017 Parnassus Investments
Performance data quoted represent past performance and are no guarantee of future
returns. Current performance may be lower or higher than the performance data quoted.
Current performance information to the most recent month-end is available on the
Parnassus website (www.parnassus.com). Investment return and principal value will
fluctuate so that an investor's shares, when redeemed, may be worth more or less
than their original principal cost.
Before investing, an investor should carefully consider the investment objectives,
risks, charges and expenses of a fund and should carefully read the prospectus or summary prospectus, which contains this and other information and can be found in our Forms and Documents
section. Investment return and principal value will fluctuate so that an investor's
shares, when redeemed, may be worth more or less than their original principal cost,
and you could lose money.
The Parnassus Funds are underwritten and distributed by Parnassus Funds Distributor,
a subsidiary of Parnassus Investments and a
FINRA member.
Research our firm with FINRA's BrokerCheck.
This site is intended for U.S. investors only and should not be considered a solicitation
or offering to investors outside the U.S.
Privacy Policy | Site Map
Search Site


text:
Trip Start Aug 01, 2007
12Trip End Mar 31, 2008
Map your own trip!
Loading Map
Loading Map
Map Options
Show trip route
Hide lines
Woke up nice and late, out of the hotel room by 10am plenty of time left in the day to make it across the border and into my next country. Made my way to the international bus station to get my ride. Now there are three ways to get across; 1-Bus, 2-Combi, 3-Train.
To the more astute reader you may realize 3 wasnt in the picture at this point. I decided against it because it is slower and costs more. It came to a toss up between 1 and 2. WEll lucky for me the decision was pretty much made for me when I walked in to the terminal and some guy approached me with rough english "You go chile? Come with me, only 12 soles"
I waited around while they prepared my papers and waited for enough people to fill up the car. Within about 20 mins we were off. It wasnt far to the border from the station but to my surprise that 12km was full of excitement. We were cruising along until, SCREEECH....BANG. Our excellent driver managed to rear end the car in front of us. Even though he saw the car coming he still manage to hit it. Lucky for us inside it wasnt very hard, unlucky for him the front of the car was wrecked. He stormed out of the car and started making a big fuss blaming the guy in front when it was without a doubt his fault. The rest of us waited around for a new car and after a few mins we got picked up.
Crossing the border went without incident but not without a painstaking wait in line and an unexpected $10 dollar charge to leave Peru of which I barely had enough money to pay for. I should mention at this point I am glad I didnt take the bus. I saw a bus getting processed while I was waiting in line. The whole thing took about 3 times as long and involved drug and fruit sniffing dogs, a bigger line and more hassle in general.
I arrived in to Arica and it turned out to be a pretty nice city. Nothing spectacular but it had a nice pedestrian mall and a lookout over the city and harbour you could walk up to. With plans to take off early morning I didn�t stay out too late and didnt see much else of the city.

subset: commoncrawl


text:
After the first day of the CIF-Southern Section Masters Wrestling Tournament, three area wrestlers have advanced to the semifinals.
West Torrance's Chris Whilden (182) and Mat Boesen (220) along with Jordan Gurrola (120) of North Torrance are all guaranteed to qualify for next weekend's CIF State Championship Tournament.
The trip will be the second for Gurrola, and the first for the West teammates.
Reaching the semifinal guarantees a finish no worse than sixth, with the top eight moving on to state.
In the semifinals, Gurrola, the top-ranked wrestler at 120 pounds in the Southern Section, will take on Gio Castillo of Centennial/Corona, the second-ranked wrestler.
Fourth-ranked Whilden takes on eighth-ranked Javier Vasquez of Channel Islands. Boesen, also ranked No. 4, faces second-ranked Dante Duke of El Dorado.
"We're extremely excited to have Chris and Mat in the semis," West coach Brian Notch said. "They're guaranteed to go to state, so the pressure is off. We would like to see Yoshi (Funakoshi). We're excited that we can get the job done in the morning."
Still alive in the consolation bracket are Brandon Yee (103) and Jameson Campbell (220) of North Torrance, C.J. Pestano (103) of Torrance and Yoshi Funakoshi (120) of West.
Each of the four must win his first match in order to earn a spot in the final eight and qualify for state.
West is eighth in team points with 34, ahead of 10th-place North, which has 31 points. Santiago/Corona is the overall leader with 85.
"When we came in, we told the guys not to worry about team points, just to worry about their matches," Notch said. "But with 150 teams here and to be in the top 10 and ahead of all the other local teams is a good place to be in. The guys are excited about that."


text:
Zona Fresca brings fast, casual Mexican to Broward
Three amigos craving Baja-style fish tacos opened their first Zona Fresca ("fresh zone") in Fort Lauderdale a decade ago. They followed it with one in Plantation and recently opened in Pompano Beach.
Tim Dobravolskis and Oscar de Armas were best friends growing up in Southern California, but they lost touch after high school. Tim is of Japanese and Lithuanian descent and is a chef and menu developer. Oscar, who is Cuban American, relocated to South Florida. They reconnected after running into each other at the Atlanta airport, and soon came up with the idea of opening a fast-casual Mexican eatery in South Florida.
Tim made the move, and Oscar's friend Martin Diaz-Yabor, an architect, joined the team. Martin designs the restaurants, Tim is in charge of daily operations, and Oscar does the finance and marketing. Mexican chef Jorge Peralta heads the kitchen in the Plantation location.
Chiles, vegetables and meats are all roasted on a gas grill that takes the place of a traditional Mexican comal (wood-fired griddle), adding smokiness. Try the tangy tomatillo salsa flecked with blackened chiles on the fish taco made with beer battered strips of grouper with slaw and sour cream. The sabroso ("delicious") taco has grilled chicken or beef folded up with pinto or black beans with guacamole and pico de gallo.
Any burrito can be had enchilada-style topped with ancho chile sauce and jack cheese. Quesadillas ooze melted Cheddar with a choice of fillings including Gulf shrimp. Pozole soup with chicken and hominy topped with avocado slices is good with the grilled nopales cactus salad and cilantro rice.
House-made flan is in the not-too-sweet zone.


text:
Afterschool in Your State
A clearing house of information on afterschool across the country
Drill down into afterschool numbers, developments, resources, and more in all 50 states, plus the District of Columbia.
Afterschool in Your State
A clearing house of information on afterschool across the country
Drill down into afterschool numbers, developments, resources, and more in all 50 states, plus the District of Columbia.
Networks of afterschool program providers and advocates are already working or forming in several states across the county to push for quality, affordable afterschool programs for all youth. Use the map below to navigate to find out about all things afterschool in your state. Explore facts and figures on how children in your state spend their hours after school; state policy and funding information; afterschool champions and voices; and contacts in your state that can be a great resource to help guide your afterschool efforts.
*—This figure is an Afterschool Alliance calculation based on the state-allocated 21st CCLC funding and a program cost of $1,000 per child. The program cost per child is an Afterschool Alliance estimation based on the Department of Education's per-student expenditures for: (1) all students attending 21st CCLC programs and (2) students who regularly attend 21st CCLC programs.
For afterschool participation and funding levels in Alaska, refer to the Afterschool in Alaska Fact Sheet.
Explore America After 3PM for even more research on afterschool programs in Alaska.
The Alaska Department of Health and Social Services provides grants to the three Alaska Child Care Resource and Referral Network agencies to provide support to school-age child care programs in their regions. Additionally, Communities In Schools-Alaska, Inc. mobilizes and connects resources with schools by providing services such as academic enhancement programs, mentoring, leadership development, life skills training, community service activities and pre-employment development.
Check out the State Policy section of our website for state-specific data and ideas for developing and advancing afterschool policy at the state level.
Your statewide afterschool network has a webpage with useful resources and policy updates: http://www.alaskachildrenstrust.org/programs/afterschool
Interested in running an afterschool tutoring program? Find information on the application process and selection criteria for Supplemental Educational Services (SES) providers in your state here.
On March 3, 2005, members of Congress established the first-ever Afterschool Caucus in both the Senate and the House of Representatives in order to build support for afterschool programs and increase resources for quality afterschool care. The following elected officials from Alaska participate in their chamber's Afterschool Caucus:
House Rep. Don Young (R-AK)
Senate Sen. Lisa Murkowski (R-AK)
Selected from some of the most effective afterschool programs and advocacy organizations in the nation, the Afterschool Ambassadors work every day to help keep kids safe, inspire children to learn and help working families. They know firsthand the barriers and benefits that communities face in making afterschool available to all children and are a great resource for programs throughout Alaska. Here is a list of past and present ambassadors in your state:
Ambassador Emeritus
Julie Wild-Curry
Fairbanks North Star Borough School District
520 5th Ave
Fairbanks, AK 99701-4718
(907) 452-2000 x 251
Ambassador Emeritus
Terri Campbell
Terri Campbell
437 West 11th Street
Juneau, AK 99801
What leaders are saying in Alaska:
As a member of the U.S. Senate Afterschool Caucus and a parent of two school-aged boys, I know that high quality after-school programs are vital in providing academic, social and recreational opportunities for our children.
Lisa Murkowski
U.S. Senator
America's Afterschool Storybook tells the stories of people and communities transformed by afterschool programs. Read more inspiring stories from America's Afterschool Storybook from people across the country.
Thomas Azzarella
Alaska Afterschool Network
Anchorage, AK


text:
Anne L. Jimenez - Associate Dean of Students and Director
Anne Jimenez serves as the Associate Dean of Students and Director of Student Conduct and Community Standards at The University of Texas at San Antonio. She has been with the university and student conduct since 1995. She earned her bachelor's degree in criminal justice, criminology, and corrections from Sam Houston State University. Anne is also a proud Roadrunner having completed her Master's in Adult and Higher Education Administration at UTSA


text: Well I am at the final stages up my upgrades to my truck. It's lifted, with an exhaust and soon to be tuned. However before i tune it i need to pick an intake. The two choices that i am down to are the Vararam tripower, and the Volant. I had the Vararam on my old C6 corvette so i know it works. I'm also pretty sure that the design is more effecient than the Volant. One of my issues however is looks. I have to admit to myself that Volant as acompany seems to really care about cosmetics, as their intakes all look great, and their Silverado intake hands down looks better than the vararam. If anyone out there has install pics of either, or some real world knowledge of either, i would greatly appreciate it. Also, if anyone out there has some dyno results of either i would appreciate that as well. Thanks in advance forum


text:
Catering for all Occasions
Caterbirds is an outside catering company with over 30 years experience. We are based in Dumfries & Galloway, and we will cater for any event, anywhere in the UK from a large wedding reception to a small intimate dinner party.
We offer catering services using fresh seasonal ingredients, carefully selecting produce, sourced locally when possible, to create a delicious bespoke menu that will make your event a success.
Catering in Dumfries and Galloway, Catering in Scotland, Catering North of England, Wedding catering, private party catering, corporate catering, hog roast catering, bbq catering, marquee wedding caterers, event catering, outside catering, outside caterers, buffet menus, catering colvend, catering dumfries, catering dalbeattie, catering kirkcudbright, catering south scotland, catering scottish borders, catering scotland, sample catering menus,
Station Yard industrial Estate, Oakwell Rd., Castle Douglas,
Tel. 01556 503 378


text:
|Members List
|Today's Posts
|Mark Forums Read
|Photo Gallery
|The Pub A friendly forum where everybody is nice, and will answer any questions you have about life.
greatlakes4x4.com is the premier Great Lakes 4x4 Forum on the internet. Registered Users do not see the above ads.
|Thread Tools
|Search this Thread
|March 25th, 2008, 03:18 PM
Adrenaline my drug choice
Join Date: 12-06-05
Location: muskegon
Posts: 1,045
Mentioned: 0 Post(s)
the man rules and tax code
The Man Rules
At last a guy has taken the time to write this all down& amp;
Finally , the guys' side of the story.
( I must a dmit, it's pretty good.)
We always hear " the rules "
From the female side.
Now here are the rules from the male side.
These are our rules!
Please note.. these are all numbered "1 "
1.. Men are NOT mind readers.
1. Learn to work the toilet seat.
You're a big girl. If it's up, put it down.
We need it up, you need it down.
You don't hear us complaining about you leaving it down.
1. Sunday sports: It's like the full moon
or the changing of the tides.
Let it be.
1. Crying is blackmail.
1. Ask for what you want.
Let us be clear on this one:
Subtle hints do not work!
St rong hints do not work!
Obvious hints do not work!
Just say it!
1. Yes and No are perfectly acceptable answers to almost every question..
1. Come to us with a problem only if you want help solving it. That's what we do.
Sympathy is what your girlfriends are for.
1. Anything we said 6 months ago is inadmissible in an argument.
In fact, all comments become Null and void after 7 Days.
1. If you think you're fat, you probably are.
Don't ask us.
1. If something we said can be interpreted two ways and one of the ways makes you sad or an gry, we meant the other one.
1. You can either ask us to do something
Or tell us how you want it done.
Not both.
If you already know best how to do it, just do it yourself.
1. Whenever possible, Please say whatever you have to say during commercials...
1. Christopher Columbus did NOT
need directions and neither do we.
1. ALL men see in only 16 colors, like Windows default settings. Peach, for example, is a fruit, not A color. Pumpkin is also a fruit. We have no idea what mauve is.
1. If it itc hes, it will be scratched.
We do that.
1. If we ask what is wrong and you say "nothing," We will act like nothing's wrong.
We know you are lying, but it is just not worth the hassle.
1. If you ask a question you don't want an answer to, Expect an answer you don't want to hear.
1. When we have to go somewhere, absolutely anything you wear is fine... Really .
1. Don't ask us what we're thinking about unless you are prepared to discuss such topics as baseball
or golf.
1.. You have enough clothes.
1. You have too many shoes.
1. I am in shape. Round IS a shape!
1. Thank you for reading this.
Yes, I know, I have to sleep on the couch tonight;
But did you know men really don't mind that? It's like camping.
Pass this to as many men as you can -
to give them a laugh.
Pass this to as many Men/ women as you can -
to give them a bigger laugh..
2008 Tax Code
The only thing that the IRS has not taxed yet is the male penis.
This is due to the fact that 69% of the time it is hanging around
unemployed, 10% of the time it is hard up, 20% of the time it is
pissed off and 1% of the time it is in the hole. On top of that, it has
two dependents and they are both nuts!
HOWEVER, effective January 1st, 2008, the penis will now be taxed
according to size:
The brackets are as follows:
10 - 12" Luxury Tax $300.00
8 - 10" Pole Tax $250.00
5 - 8" Privilege Tax $150.00
3 - 5 " Nuisance Tax $30.00
Males exceeding 12" must file capital gains.
Anyone under 4" is eligible for a tax refund.
Last edited by samurai2240; March 25th, 2008 at 03:31 PM.
|March 25th, 2008, 04:40 PM
(not a man)
Join Date: 08-24-06
Location: MI
Posts: 3,196
Mentioned: 3 Post(s)
|Thread Tools
|Search this Thread


text:
If you fancy learning how billionaire English businessman, Sir Richard Branson made his money it will cost you at least $1144.
That is the price of a basic ticket for dinner with the entrepreneur, adventurer and philanthropist who now employs 50,000 people in 30 countries, with company revenues of more than $21 billion.
The $1144 ticket price will buy admission to a pre-dinner cocktail function at the Viaduct Events Centre in Auckland in October, a five-course gourmet dinner with matching wines and beers, and an evening's entertainment.
At the other end of the scale guests can spend twice that and sit with Kiwi super model Rachel Hunter or a range of other celebrity guests and get the VIP treatment.
Other celebrities lined up to host the VIP tables include international rugby greats, Gavin Hastings, Wayne Shelford, Ian Kirkpatrick, Sean Fitzpatrick and Nick Farr-Jones.
Sir Richard, 61, would speak for an hour about "making it to the top", said the organisers.


text:
At Storage Field Day 5, PernixData announced new features for its flagship product, PernixData FVP. FVP greatly accelerates storage performance in VMware vSphere environments by leveraging SSD and flash technologies to do read and write caching in a protected, clustered way.
Articles Tagged with FVP
PernixData FVP
2013 is the year of caching. The VMworld conference was full of news about startups using expensive-yet-fast technologies like flash, SSD, and RAM to make up for deficiencies in storage performance. One of those startups was PernixData, announcing their FVP caching product.


text:
Calvin Dental Associates - Richard A. Calvin, DDS - A General and Cosmetic Dentist in Londonderry, New HamphsireClick to call (603) 434-2700 Today!
Sorry, this page doesn't exist on our site. Please use our website's navigation menus to find the page you're looking for.
Cosmetic Dentistry
Whether you want a complete cosmetic makeover or just routine dentistry, every restoration will be both precise and attractive!
Read More
Implant Dentistry
Dental implants are the closest thing to re-growing your natural teeth. Dr. Calvin has extensive experience placing and restoring implants.Read More


text:
Magic Kingdom
Trip Start Aug 20, 2009
105Trip End Ongoing
Map your own trip!
Loading Map
Loading Map
Map Options
Show trip route
Hide lines
Where I stayed
Lucy's highlight - meeting Tink
Daniel's highlight - meeting Buzz and the Runaway Train
We were hoping that the children would be able to last until 10pm for the firework display...........wrong! What a stupid idea with jet lag and all that! By 9pm when the parade was starting they were dead on their feet so we took them off home to bed. We will try the fireworks and parade again later in the week.
Enjoy the photos.....................


text:
Nice, I like the furniture on that 336.
This is a discussion on Picked up a new Marlin 336 today. within the General Firearm Discussion forums, part of the Related Topics category; I picked up my new Marlin 336C in 30-30 today. I'm going to try to get out to the range this weekend to shoot it ...
I picked up my new Marlin 336C in 30-30 today. I'm going to try to get out to the range this weekend to shoot it and see how it goes. This is my first lever gun and my first "deer caliber" for that matter. So anyways, on to the pictures!
They who would give up an essential liberty for temporary security, deserve neither liberty or security Benjamin Franklin
I'm not pro gun, I'm pro rights. What are you?
NRA Member
Nice, I like the furniture on that 336.
Nice gun there. I have hunted with one of those in .35 rem.
Better to die on your feet, than to live on your knees.
Very Nice. An American Classic.
"Texas can make it without the United States, but the United States can't make it without Texas!".... Sam Houston
Retired LEO
Firearms Instructor
NRA Life Member
It's a good rifle. Treat 'er good and she'll always shoot true. I keep one around as a SHTF rifle. I figure less moving parts to deal with the better.
That rifle brings back memories of my younger days when I pursued the "Big Buck". It's opening day of rifle season here in Pennsylvania, by the way.
Get out there and good luck!
It isnt the size of the dog in the fight, but the size of the fight in the dog.
Congrats! That's a nice looking gun you've got there.
Dicks was selling these with some sort of Scope and Rings this weekend for $299. And this was our Sales Tax free weekend too. Went down there and what do you think happens? Don't have any left
... I said... of course you don't!
Nice. I'll snag one some day.
I had one of those years ago for about a month and a half. Only took it our to the range once. Traded it in on a chinese M-14.
Stupid me.
That's a fine rifle you have there. Treat it well and it should bring you years of pleasure.
Infowars- Proving David Hannum right on a daily basis
Nice! Last time I was at my folk's place I snagged my dad's Marlin 336 to bring back so I could play with it some. Haven't had a chance to shoot it yet though.
Will you be putting a scope on it? Any recommendations for a scope for this rifle? My dad mentioned that he's wanted to put on it, I'm thinking I may surprise him by getting one for it......that is of course whenever I return it. :)
I really know nothing about scopes in general and he doesn't hunt so something that would work for range trips and possible SHTF scenarios would be fine.
Good choice. You can't go wrong with a good lever gun.
I have 3, 336's in the safe.
Just remember that shot placement is much more important with what you carry than how big a bang you get with each trigger pull.
Texas CHL Instructor
Texas Hunter Education Instructor
NRA Instructor
Nice choice.
I've bought and sold several 30-30's down through the years. Last year I decided that I wanted another 30-30 to complete my HD/hunting collection...I have that same 336 in stainless...great gun.
I chose not to get a scope, but rather a fiber optic front site.
Stay armed...enjoy that Winchester...stay safe!
Proverbs 27:12 says: The prudent see danger and take refuge, but the simple keep going and suffer for it.
Certified Glock Armorer
NRA Life Member
Sweet gun! I picked up a Winchester Model 94 .30-30 the second day of deer hunting season after missing a doe with my 20 ga shotty on the first. Out of my range. On the third day of the season I got a doe with my new (to me) '94. I love the carbine and have been looking at the 336 at my LGS. Told him that I might have to take advantage of layaway next year.
... whoever has no sword is to sell his coat and buy one. (Luke 22:36b NASB)
FN Herstal FNP-9, FNP-357, Kahr TP45
Ruger LCP, S&W 22a
Nice looking wood!!!! Lever guns are just neat. By the way, is that one of those 1911 / 336's , I see you carry it "cocked and Locked"
An ounce of lead is worth 200lbs of cop.


text:
Even though we will celebrate our 170th year of service to the Church in September, it's still hard to comprehend that so many loving and self-giving Anglican priests and lay leaders have emerged from our own humble backyard.
Nashotah House proudly launches another class of scholars, deacons, and soon-to-be priests out into the world. And this year's 167th Commencement Exercises were no exception.
A masterfully designed service. A tried and true graduating class. Rousing hymnody. These are but a few of the elements that combined to make Nashotah House's Commencement Exercises at St. Jerome Catholic Church in Oconomowoc a thoroughly engrossing event. Throw in the sharp address by Dr. Stanley Hauerwas, the Gilbert T. Rowe Professor of Theological Ethics at Duke University Divinity School, and the near-medieval festivities that followed, and May 24th became a landmark in the 2012 calendar.
Alumni, friends, and family, lined the pews to celebrate the hard work of this year's graduates and recipients of honorary degree candidates as, one by one, they knelt to have the Dean lay the New Testament on their heads to the faculty's hearty "We approve!" (in Latin, of course). In fact, most of the ceremony was in Latin. And if that's not medieval enough, many academic hoods were donned, which hearken all the way back to the medieval tippet, a shoulder-covering worn in the Middle Ages by scholars. At the request of the Graduating Class, the Commencement Eucharist was celebrated according to the Rite One order of service from the Book of Common Prayer, which has a beautiful medieval tang.
Not surprisingly, as guests flooded the wooded Nashotah House campus, what followed was something like a medieval festival replete with a huge open air tent, smoked meats, ales and wines, and enough raillery and badinage to contend the halls of Beowulf. Conversation lasted late into the day as alumni, graduates, and family mingled and celebrated God's work here in our own corner of the Midwest.
There are so many people who worked so hard to make this event possible, but for now it must suffice to thank the talented Canon Dr. Kucharski, Mr. Ted King, and Mr. Don Snipe for blessing us with so much musical talent. On behalf of the whole Nashotah House family, the Dean wishes to thank all who have volunteered time and talents to assist with Alumni Day and Commencement activities. And Nashotah House wishes to express our thanks to the Reverend John Yockey and his staff for the of St. Jerome Catholic Church. It was a day to remember. May God, three in one, be praised!


text:
American model Tyson Ballou once again connects with Calvin Klein, fronting the brand's White Label campaign. Photographed by Daniel Jackson and outfitted by stylist Tony Irvine, Tyson joins Edita Vilkeviciute for clean images. Highlighting Calvin Klein's precise, simple sportswear designs, Tyson is front and center in smart separates. / Hair by James Pecis. Makeup by Diane Kendal.
See Tyson Ballou in Calvin Klein's Timepiece Campaign.


text:
From: Jason Cooper
Indianapolis, IN, USA
We all know it's true -- winning on DealDash can be an uphill battle. The first time I placed bids on DealDash, I was so nervous... I didn't know if I had what it took to win!
Sure, I was good at controlling my spending, but I had no idea what the other bidders on the same auctions were going to do. The only thing I knew were the last couple of people to bid and the details on the Laptop I was trying to win. Of course, I didn't know what was going to happen, I wasted a ton of money in bids, and still ended up losing the auction because I had no knowledge of what the other players were doing! I thought to myself, "This is barely better than gambling!"
Let's face it -- DealDash is like a game of poker. You are playing the other bidders and judging their tolerances and strategies. The only problem is... you don't know the bidders at all! You cannot see their faces, read their bluffs or even know what they did last time they were in this same situation. Just like in poker: You must know your opponents' tactics in order to defeat them!
Just wanted to let you know I had been on DealDash and was dropping bids like dead flies.
I researched for a strategy and came across your product. I purchased it at about 4:30 p.m. I used the product [DealDash Elite] getting the feel for it I went into an auction at 6:00 p.m. and using your product, after 17 minutes and 55 bids, I was the proud owner of a Play Station 3 move valued at $399!
- Don M.
I want to say your product is awesome. It's great for anyone wanting a decent shot of winning on DealDash. I'm glad there is a tool like yours out there!
- Matt B.
Given background in data analytics, I was quickly able to track and analyze all the active DealDash auctions and their bidders to determine the best strategies to beat them... in real time!
I took this knowledge and created DealDash Elite. What does DealDash Elite do? Imagine yourself watching every auction and every bidder DealDash has every had all day and all night for weeks on end. This is what my system does for you! In fact, my system is doing it right now and I have all the information about all current auctions in real-time!
Don't believe me? Check out these live detail on REAL and ACTIVE DealDash Auctions RIGHT NOW!
If you knew the past habits of the other bidders, you can predict their future habits! If you can find an auction with all "rookie" bidders… those that have never won an auction ... and there are a lot of these… then you stand much better chance of WINNING BIG.
Subject: A++++ feedback
HI Jason,
I have been using DealDash Elite for about 3 weeks now and I just wanted to let you know that I give your product an A+++, because I have also been using DealDash for about 3 weeks and since day one I have won over 13 items!
[One] Item I recently won was all because of DealDash Elite because I wasn't even going to bid on this item for the reason that usually this item goes forever on auction but for the heck of it I looked at DealDash Elite and notice the auction has been going for 13 minutes with bidders and all the bidders had never won an auction so I bid and intimidated them into backing out of the auction leaving me to win and saving a fortune.
Thanks again Jason, Great product!
I was nervous about DealDash Elite whether it was legit and would provide the much needed help to win auctions. This product was purchased and quickly worth every cent being that my FIRST auction I bid on using this tool I won. Absolutely worth buying and will help considerably to determine when to stay in or leave the auction.
- Justin C.
For the next 24 hours…
That's less than the price of a bid pack! I GUARANTEE you will bid less and WIN MORE with the information DealDash Elite provides!
Use it for an entire month. If DealDash Elite doen't do everything I've said they will, plus more, simply cancel your membership and you'll never be billed again.
I want to help you win BIG on DealDash. If you are not completely satisfied, I don't want you to continue paying anything. After the full 30 day trial is up, we'll bill you the special member price of only $47/month.
I have absolute confidence in my products and offer a 30 day money-back guarantee.
If you are not satisfied for any reason, you can contact me anytime within 30 days and I'll give you a no questions asked refund of the entire purchase price. No questions asked, no problem, no hard feelings.
DealDash Elite is compatible with all major operating system!
REMEMBER: Membership is very limited! We have to keep the membership count low to keep things fair!
P.S. If you have any questions about your purchase, I'm just an email away. I'm available to answer your questions. And you'll get a personal reply email: email@example.com
P.P.S. $47 is a crazy low price! That's less than price of a bid pack. I GUARANTEE you will bid less and win more with the information DealDash Elite provides!


text:
*Like*EDIT: Rockets, rockets...and ROCKETS, lawl.
Goblin starting area is looking extremely amazing i must say.. Hurry up cata omg
My mom uses a rocket.
Thanks for the review Fony, I appereciate it
I liked the worgen starting better. golbins looks cool but....a gaint rocket chicken ....a fire breathing turtle, bomb throwing monkeys...come on...really
Goblins freaking rule! Holy cow that was awesome!
This looks so awesome...
I think I like the worgen area abit more, but that's not going to stop me from playing both starting areas all the way through because they both look awesome.
LOLOLOLYES!I cannot wait to make one!
hmm i know i will probably get bashed all over for this but it is pretty obvious that the worgen starting area is tailored more to adults with its dark theme and better story line. The goblins area is more focused on the children because everything is bright and you blow junk up, seems like they want all the kiddies to go to all their friends all like "wow its so cool, you drive this cool car and you blow everything up, oh wow guys"sorry but that is what i think and being a big kid will be making a goblin.
-spoiler removed-
I would have to say the goblins starting place is better than the worgens starting place because its more funny and more amazing with the rockets and gadgets its not too original like the worgens starting place.
I had already decided I'm rolling a Goblin. But this makes me WAAAAY too eager!I want to roll both, so bad!
Man both of these are SUPER EPIC! i'ma roll both cause they both rock! If only there was more phasing.xD
You can have epic lore, cool quests, amazing phasing on one side.Then on the other side you have EXPLOSIONS.Ima go with Goblin on this one.
Haha, "What is this Aion?"From the videos I've seen, I'd have to say Goblins for it's madness.
i wasn't going to make a goblin originally cuz i already have to many horde alts (that was even after the kick ass racials) but now with this new info on the starting zones i am definitely going to make 1 (still don't know what class its gonna be but wht ever)
Goblin Zone is for sure the best. Seems like way more fun


text:
When you click the 'Enrol Now' or 'Apply Now' button on the course you want, you will then be directed to our enrolment system.
When enrolling online only Credit and Debit card payments will be accepted. All personal data will be securely stored in the college database in accordance with the Data Protection Act.
For online enrolment, payment is by Credit or Debit Card only.
Cards accepted are MasterCard, Maestro or Visa. American Express cards are NOT accepted.
We offer leisure courses to younger learners for which you will be charged the full Non-EU price as we no longer offer qualification routes for younger learners,
If you are a student from a country outside the European Economic Area (EEA) and you wish to come to the UK on a student visa, you will need to show that you have been accepted on either:
Before enrolling on a course it is important that you find out about UK immigration from your nearest British Embassy, Consulate or High Commission (or British Council Office).
The following websites may help with information on immigration:
Some courses will need to be assessed. Course that require an assessment will be indicated on the information section of the course description.
To succeed in some courses, students must have literacy and numeracy abilities, so you will have to have an assessment of these skills before you can enrol. This requirement will be indicated on the course description page, along with details on how to book for assessment. If you have worries about your literacy and numeracy, contact Information Advice & Guidance on 020 8843 7921 who can tell you about the College's avenues to improving your skills, some of them free.
If courses are not available please register an interest on the wait list and the college will contact you if the availability changes.


text:
Popular property highlights
Bell Tower Hotel Xian places you next to Bell Tower and within a 10-minute stroll of other popular attractions like Drum Tower. This 4-star hotel has 300 rooms and welcomes guests with 2 restaurants, free in-room WiFi, and free self parking. It's in central Beilin and also a short walk from Xi'an Bell Tower and Drum Tower and Great Mosque of Xi'an.
Enjoy dining at Tower Garden, one of 2 onsite restaurants. Order from 24-hour room service to satisfy your hunger without leaving your room. Start each morning with breakfast, available for a fee.
All 300 air-conditioned rooms provide refrigerators, minibars, and coffee makers. 21-inch LCD TVs come with cable channels, and guests can stay connected with free WiFi and wired Internet. Beds sport premium bedding and down comforters, and bathrooms offer deep soaking tubs, hair dryers, and free toiletries. Free newspapers, free bottled water, and laptop-compatible safes are also available.
Guests of Bell Tower Hotel Xian enjoy a sauna, free WiFi in public areas, and conference space. If you plan to drive, free parking is available. The front desk is staffed 24/7 to help with dry cleaning/laundry, concierge services, and luggage storage. Other amenities at this family-friendly hotel include a business center, coffee/tea in a common area, and an arcade/game room.
Property features
- Walking distance to Bell Tower and Drum Tower
- Free WiFi in rooms and public areas
- Free parking
- Onsite dining
Bell Tower Hotel Xian
Hotel Amenities
Hotel Amenities
Dining is available at one of the hotel's 2 restaurants. The property also offers a grocery/convenience store. Wireless Internet access is complimentary. A business center is on site at this 4-star property. Event facilities measuring 8181 square feet (760 square meters) include conference space. This family-friendly hotel also offers a sauna, tour/ticket assistance, and an arcade/game room. Complimentary self parking is available on site.
- 24-hour front desk
- Arcade/game room
- Total number of rooms - 300
- Number of floors - 7
- Babysitting or childcare
- Breakfast available (surcharge)
- Business center
- Coffee/tea in common areas
- Free newspapers in lobby
- Concierge services
- Conference space
- Dry cleaning/laundry service
- Elevator/lift
- Express check-in
- Express check-out
- Gift shops or newsstand
- Hair salon
- Grocery/convenience store
- Tours/ticket assistance
- Free WiFi
- Porter/bellhop
- Luggage storage
- Safe-deposit box at front desk
- Year Built 1983
- Number of restaurants - 2
- Conference space size (feet) - 8181
- Conference space size (meters) - 760
- Number of meeting rooms - 3
- Free self parking
- Sauna
- Number of buildings/towers - 1
Family Friendly Amenities
- Family Hotel
- Free Wi-Fi
- Grocery/convenience store
- Babysitting or childcare
- Arcade/game room
- Refrigerator
Available in all rooms: Free WiFi , Free wired high-speed Internet
Available in some public areas: Free WiFi
Free self parking
Room Amenities
Bell Tower Hotel Xian offers 300 air-conditioned accommodations with minibars and laptop-compatible safes. Beds feature down comforters and premium bedding. 21-inch LCD televisions come with cable channels. Guests can make use of the in-room refrigerators and coffee/tea makers. Bathrooms include shower/tub combinations with deep soaking bathtubs, bathrobes, slippers, and complimentary toiletries.
Guests can surf the web using the complimentary wired and wireless Internet access. Business-friendly amenities include desks, complimentary newspapers, and phones. Additionally, rooms include complimentary bottled water and hair dryers. A nightly turndown service is provided and housekeeping is offered daily. Amenities available on request include in-room massages.
- Premium bedding
- Air conditioning
- Free newspaper
- Phone
- Refrigerator
- Minibar
- Coffee/tea maker
- Free bottled water
- Daily housekeeping
- Turndown service
- Private bathroom
- Bathrobes
- Free toiletries
- Hair dryer
- In-room massage available
- Slippers
- Shower/tub combination
- Deep soaking bathtub
- Desk
- Iron/ironing board
- Cribs/infant beds available
- Blackout drapes/curtains
- Cable TV service
- Free WiFi
- Free wired high-speed Internet
- In-room safe (laptop compatible)
- Room service (24 hours)
- Down comforter
- Connecting/adjoining rooms available
- Rollaway/extra beds (surcharge)
Where to Eat
Tower Garden - This restaurant serves breakfast, lunch, and dinner.
Chinese Restaurant - This restaurant serves lunch and dinner.
24-hour room service is available.
Breakfast is available for a surcharge each morning.
Nearby Things to Do
Recreational amenities at the hotel include a sauna.
If you have requests for specific accessibility needs, please note them at check-out when you book your room.
- Accessible bathroom
- In-room accessibility
- Roll-in shower
Hotel Policies
Check-in time starts at noon
Check-out time is noon
Payment types
Children and extra beds
- Children are welcome.
- Rollaway/extra beds are available for CNY 128 per night.
- Cribs (infant beds) are available.
- Pets not allowed
You need to know
Extra-person charges may apply and vary depending on property policy.
Government-issued photo identification and a credit card or cash deposit are required at check-in for incidental charges.
Special requests are subject to availability upon check-in and may incur additional charges. Special requests cannot be guaranteed.
- Resort fee
Optional extras
- Breakfast fee: CNY 68 per person (approximately)
- Airport shuttle fee: CNY 220 per vehicle (one way)
- Rollaway bed fee: CNY 128 per night
Hotel Name
- Bell Tower Hotel Xian
- Bell Tower Hotel Xian Xi'an
- Bell Tower Xian
- Bell Tower Xian Xi'an
- Xian Bell Tower Hotel
- Bell Hotel Xi An
- Bell Tower Hotel
- Bell Tower Hotel China/Shaanxi
We should mention
A resort fee is included in the total price displayed. The property has connecting/adjoining rooms, which are subject to availability and can be requested by contacting the property using the number on the booking confirmation.
National Rating
For the benefit of our customers, we have provided a rating based on our rating system.