British Indian Ocean Territory (B.I.O.T.) Stamps Profile

The British Indian Ocean Territory (B.I.O.T) is an archipelago in the Indian Ocean due south of India, midway between Indonesia and Africa, around 1300 miles east of Seychelles. The territory was established in 1965 – The United Kingdom split the Chagos Archipelago from Mauritius along with several islands from Seychelles to form the territory with the purpose of constructing a military facility for the mutual benefit of the UK and USA. A number of the islands in the archipelago were later transferred to the Seychelles following its independence in 1976. Currently, the territory consists of the six atolls of the Chagos Archipelago with over 1000 individual islands. The only people in the territory are US and UK military staff and associated support personnel. The territory covers a total area of just 23 square miles - more than three-quarters of this area is part of the largest island, Diego Garcia. The island is the site of a joint military facility of the United Kingdom and the United States – the native population which amounted to around 2000 was evicted in the 1960s and since then there have been no native inhabitants. As a military facility, the strategic location has helped the United States Air Force launch operations in the 1991 Gulf War and the wars in Afghanistan (2001) and Iraq (2003).

Given the lack of native inhabitants, it is obvisouly not an absolute requirement to have their own postage stamps. But, they have issued stamps regularly since 1968. As might be expected, only a very small portion of these issues are actually used for postage –the rest are sold to philatelists worldwide. BIOT Post Office, operated by Cable & Wireless, Diego Garcia on behalf of the Commonwealth Office of the British Government is the sole body authorized to issue stamps. It handles all outbound postal services while incoming mail is routed to the US Postal Service and the British Forces Post Office for distribution.

Below are some relevant stamp issues of British Indian Ocean Territory (B.I.O.T) over the years:
  • The first stamps of British Indian Ocean Territory is a long set (Scott #1 to #15) of fifteen Seychelles Issues (Scott #198 to #212) overprinted ‘B.I.O.T.’ released on January 17, 1968. The stamps have a varied theme that covers the following: Vanilla, Fisherman, Denis Island Lighthouse, Clock Tower, Anse Royal Bay, Government House, Fishing Boat, Cascade Church, Flying Fox, Sailfish, Coco-de-mer Palm, Cinnamon, Copra, Map of Indian Ocean, Settlers Homes, Regina Mundi Convent, and Badge of Seychelles. The set catalogs for around $50 MNH or Used. The original Seychelles set is valued a little lower at around $45 MNH or Used. The first original issues of British Indian Ocean Territory is a long set (Scott #16 to #33) of eighteen stamps in the ‘Marine Fauna’ theme released between 1968 and 1973. Despite being a long running issue, the set still commands a good premium at around $70 MNH or Used. The designs are Lascar, Hammerhead Shark, Tiger Shark, Sooty Eagle Ray, Butterflyfish, Robber Crab, Green Carangue, Needlefish, Barracuda, Spotted Pebble Crab, Parrotfish, Rainbow Runner, Giant Hermit Crab, Humphead, Rock Cod, Black Marlin, Whale Shark, and Lionfish.
  • A long set (Scott #63 to #77) of fifteen stamps released on February 28, 1975 in the Birds theme. The set catalogs for around $40 MNH and $70 Used. The designs show Aldabra Drongo, Malagasy Coucal, Redheaded Forest Fody, Fairy Tern, Crested Tern, Brown Booby, Noddy Tern, Gray Heron, Blue-faced Booby, Malagasy White-eye, Green-backed Heron, Lesser Frigate Bird, White-tailed Tropic Bird, Souimanga Sunbird, and Malagasy Turtledove. A beautiful long sister set (Scott #94 to #105) of twelve stamps followed on May 3rd 1990. That set catalogs for around $25 MNH and $30 Used. The designs are White-tailed tropic birds, Turtle Doves, Greater Frigate Birds, Little Green Herons, Greater Sand Plovers, Crab Plovers, Crested Terns, Lesser Crested Terns, Fairy Terns, Red-footed Boobies, Indian Mynahs, and Madagascar Fodies.
  • A set (Scott #115 to #118) of four stamps released on November 8, 1991 in the ‘Visiting Ships’ theme. The set catalogs for around $15 MNH or Used. The designs are Survery Ship Experiment of 1786, US Brig Pickering of 1819, SMS Emden of 1914, and the HMS Edinburgh of 199. A sister set of four stamps (Scott #124 to 127) in the ‘Aircraft’ theme soon followed on October 23, 1992. The set catalogs for around $12 MNH or Used.
  • A long set (Scott #151 to #162) of twelve stamps in the Sharks theme released on November 1, 1994. The set catalogs for around $70 MNH or Used. The designs show Nurse, Silver Tip, Black Tip Reef, Oceanic White Tip, Black Tip, Smooth Hammerhead, Lemon, White Tip Reef, Tiger, Indian Sand Tiger, Great Hammerhead, and the Great White Shark.
  • A set (Scott #207 to #216) of ten stamps in the ‘Sailing Ships’ theme released on February 1, 1999. The set catalogs for around $30 MNH or Used. The ships shown are Bark Westminster of 1837, Sao Cristovao (Spain, 1589), Clipper Ship “Sea Witch” (US, 1849), HMS Royal George of 1778, Clipper Ship “Cutty Sark” of 1883, British East India Company Ship “Mentor” or 1789, HM Brig “Trinculo” of 1809, Paddle Steamer “Enterprise” of 1825, Privateer “Confiance” (France, 1800), and British East India Company Ship “Kent” of 1820.
  • A set (Scott #286 to #289) of four stamps in the “Crabs” theme released on December 20, 2004. The set catalogs for around $10 MNH or Used. The crabs shown are Coconut Crab, Land Crab, Rock Crab, and Ghost Crab. A sister set (Scott #290 to #295 and #296) in the “Turtles” theme soon followed on February 14, 2005. The set of six and the souvenir sheet catalogs for $12 and $6 respectively for MNH or Used. The designs show Green Turtle Hatchling, Hawksbill Turtle Hatchlings, Hawksbill Turtles Head, Green Turtles Head, and Hawksbill Turtle Swimming. The Souvenir Sheet show Green Turtle swimming in a design similar to the the highest denomination in the set.
Read More...

Last Updated: 07/2011.



    British Antarctic Territory Stamps Profile

    The British Antarctic Territory consists of the sector of Antarctic Continent lying south of latitude 60S and between longitudes 20 and 80W. The territory was established on March 3, 1962 by United Kingdom as one of its overseas territories. Argentine and Chilean territorial claims in Antarctic overlaps this. The only people in the territory are the staff of organizations such as the British Antarctic Survey and similar bodies from other countries. It covers a total area of over 660,000 square miles but over 99% of the territory is covered by a permanent ice sheet up to 3 miles thick. The major human presence is through the permanently staffed research stations of Halley and Rothera operated by the British Antarctic Survey. The other major presence is the historic base at Port Lockroy on Goudier Island staffed by the UK Antarctic Heritage Trust during the Antarctic summer months. Amazingly, they receive close to 10,000 visitors a year – “tourists” can visit a museum, buy stamps, post mail, and view the large gentoo penguin colony.

    Given the lack of permanent inhabitants, it is obviously not an absolute requirement to have their own postage stamps. But, they have issued stamps regularly since 1963. As might be expected, only a very small portion of these issues are actually used for postage – visiting tourists and resident staff uses them for their mailings – the rest are sold to philatelists worldwide. The philatelic nature of these issues accounts for the meticulous way by which First Day Covers from the territories are issued – The Antarctic Postman from Port Stanley visits the bases by ship, releases new stamps, records the date of the visit for the First Day Covers, and proceeds to release them at the Falklands Islands Philatelic Bureau at Port Lockroy. The bureau is the official sales agent for the stamps of British Antarctic Territory. All stamps are denominated in the British Sterling currency.

    Below are some relevant stamp issues of British Antarctic Territory (BAT) over the years:
    • The first stamps of British Antarctic Territory is a long set (Scott #1 to #15) of fifteen in the “various scenes of human activity in the Antarctic” theme with a portrait of Queen Elizabeth in the corner released on February 1, 1963. The designs show Skiers hauling load, Tractor, Skiers, Beaver Seaplane, R.R.S. John Biscoe, Camp scene, H.M.S. Protector, Dog sled, Otter Skiplane, Huskies and Southern Polar Lights (Aurora Australis), Helicopter, Snocat truck, R.R.S. Shackleton, and Map of Antarctica. As the first set, the valuation is pretty high at over $170 MNH and $125 Used. A decimalization issue of the same set (less the one-pound Scott #15) with surcharge overprints followed on February 15, 1971 followed. The set (Scott #25 to #38) is similarly valued at around $135 MNH and $110 Used.
    • A set (Scott #39 to #42) of four stamps released on June 23, 1971 to mark the tenth anniversary of the Antarctic Treaty pledging peaceful uses of and scientific cooperation in Antarctica originally signed by twelve nations active in Antarctica at the time - the body currently has 46 treaty member nations. For such a recent issue, this set is also expensive at around $50 MNH and about half that for Used. The designs show Map of Antarctica and Southern Polar Lights (Aurora Australis), Sea Gulls, Seals, and Penguins.
    • A set (Scott #64 to #67) of four stamps released on January 4, 1977 in the ‘Conservation of whales’ theme. The set catalogs for around $30 MNH and $20 Used. The designs show Sperm Whale, Fin Whale, Humpback Whale, and Blue Whale.
    • A set (Scott #102 to #116) of sixteen stamps released on March 15 1984 in the ‘Antarctic Marine Food Chain’ theme. The set catalogs for around $25 MNH and $30 Used. The designs show Corethron Criophilum (plankton – diatomic), Tomopteris Carpenteri (segmented worm), Paraeuchaeta Antarctica (Copepod), Antarctomysis Maxima, Antarcturus Signiensis, Serolis Comuta, Parathemisto Gaudichaudii, Bovallia Gigantea, Eupausia Superba, Colossendeis Australis, Todarodes Sagittatus, Notothenia Neglecta (Antarctic Cod), Chaenocephalus Aceratus (Blackfin Icefish) and Lobodon Carcinophagus (crabeater seal).
    • A set (Scott #202 to #213) of twelve stamps released on December 3rd 1993 in the ‘Research Ships’ theme. The set catalogs for around $60 MNH and around $65 Used. The ships depicted are SS Fitzroy, HMS William Scoresby, SS Eagle, MV Trepassey, RRS John Biscoe I, MV Norsel, HMS Protector, MV Oluf Sven, RRS John Bisco II, RRS Shackleton, MV Tottan, MV Perla Dan, and HMS Endurance.
    • A set (Scott #263 to #274) of twelve stamps released in 1998 in the Birds theme. The set catalogs for around $50 MNH or Used. The birds depicted are Sheathbill, Antarctic Piron, Adelie Penguin, Emperor Penguin, Antarctic Tern, Black Bellied Storm Petrel, Antarctic Fulmar, Blue Eyed Shag, McCormick’s Skua, Kelp Gull, Wilson’s storm Petrel, and Brown Skua.
    • A set (Scott #330 to #341) of twelve stamps released on December 8th 2003 in the ‘Bases and Postmarks’ theme. The set catalogs for around $45 MNH or Used. The designs are Admirality Bay, Deception Island, Hope Bay, Argentine Islands, Stonington Island, Port Lockroy, Signy, Anvers Island, Rothera, Adelaide Island, Horseshoe Island, and Hailey Bay.
    Read More...

    Last Updated: 07/2011.
     

      Carnival of Road to Financial Independence #18











      Welcome to the April 20, 2010 edition of road to financial independence.






      Beating Inflation





      Hussein Sumar presents How to Calculate Return on Invesment (ROI) posted at Accounting, saying, "Return on Invesment as the name suggests is a financial valuation method that determines the percent of return investors are getting from their portfolio of investments. Return on Investment is probably one of the most important ratios that companies need to keep track of in order to determine the viability & continuity of their business."



      Frugal Living





      Juliana Torres presents 100 Personal Finance Posts Every College Student Needs to Read posted at Career Overview.





      Lynnae presents Reward Cards Without Using Credit? PerkStreet Debit Card Rewards posted at beingfrugal.net, saying, "Why should those who use credit cards get all the rewards benefits? Rewards debit cards are becoming more popular and are a good option for those who don't like to use credit cards."





      Joe Plemon presents Five Reasons Why a Penny Saved is Better Than a Penny Earned posted at Personal Finance By The Book, saying, "With apologies to Benjamin Franklin, a penny saved is actually better than a penny earned."





      James Adair presents The Key to Difficult Conversations: Going Meta posted at Oregon Mortgage Blog, saying, "What is the impact of the health care reform on Mortgage Rates? As a Portland Mortgage Broker, I am interested in thinking about what this means for our financial markets and in particular what will this mean for our Oregon mortgage rates."





      Colin Robertson presents Is a Balance Transfer A Good Idea? | Credit Card Balance Transfer Offers posted at Credit Card Balance Transfer Offers.





      Writers Coin presents Five Money Ratios to Live By posted at Wisebread, saying, "Five simple ratios to simplify your financial life. But are some more valuable than others?"





      Joe Johnson presents Save More, Dress Thrifty posted at Fashion Merchandising, saying, "Tips for savvy thrift store shopping."





      Ricky presents Savings Account Rates posted at Stock Tips, saying, "Learn how you can save money with something as simple as finding the best savings account rates."



      Passive Income





      Online Dividends presents $100 Checking Bonus at Chase posted at Blogging Banks, saying, "Chase continues its strategy of offering $100 cash bonuses to new clients that open a checking account by May 28, 2010. Check below for offer details:"





      Michael Pruser presents 5 Alternatives to Online Savings Accounts posted at The Dough Roller, saying, "Thanks for the consideration!

      -Michael"



      Reducing Expenses





      Jim & Martha presents American Express & Southwest Airlines Membership Rewards Parting Ways June 30th posted at Wanderlust Journey.





      CouponShoebox presents 8 Ways to Get More Bang for Your Entertainment Buck posted at Coupon Shoebox, saying, "There are many great ways to save on your entertainment expenses. Here are 8 of them!"





      Simona Rich presents How To Eliminate Debt posted at Simona Rich Blog, saying, "You are in debt because you spend more than you earn. So logically to get out of debt you should spend less than you earn. It’s easier to say this than to actually do it, but it’s definitely possible to change your attitude towards money and get out of debt as a result."





      Manshu presents Car buying tips posted at OneMint, saying, "9 car buying tips from my own car buying experience."





      Heidi presents Little People Wealth: Saving Money Using Cashbaq posted at Little People Wealth, saying, "There are lots of ways to reduce expenditures and you do not want to overlook the amount you can save using a cash back program and online coupons."





      MoneyNing presents 5 Tips for Remodeling Your Home the Smart Way posted at Money Ning, saying, "It's always good to maximize the benefits of each dollar. Here are a few ways to do so with a home remodel."





      Wenchypoo presents Texting Doctor Parkinson posted at Wisdom From Wenchypoo's Mental Wastebasket, saying, "re: greatly reducing health care expenses."





      Joel Ohman presents What happens if you let someone drive your car that has no auto insurance and they get into a wreck? posted at Car Insurance Comparison, saying, "Should you let someone drive your car? If so, do you know what happens if they wreck your car and they don't have adequate auto insurance or any auto insurance at all?"





      Susan Howe presents 10 Creative Ways Recycling Can Save You Money in a Tough Economy posted at The Budget Life Blog, saying, "Recycling is not just good for the environment and health, but it can also help us save and make a little extra money. Especially that everyone needs to stretch every dollar that they can nowadays. This article provide some of the ways on how to green up our lives."





      Darwin presents Should I Use the Energy Tax Credit for a New Central Air Unit? posted at Darwin's Finance, saying, "With a lucrative $1500 energy tax credit available through 2010, here's my assessment of whether or not to install a new Central Air Unit - pros and cons."





      FYCR presents Should I hire a company to fix my credit reports for me? | Fix Your Credit Reports.com posted at Comments on: Should I hire a company to fix my credit reports for me?, saying, "You can save thousands of dollars over your lifetime by raising your credit scores. Paying someone else to do it for you though, is not smart."



      Stock Investments





      PT Money presents Are You a Member of the Club? Roth IRA Qualifications posted at Prime Time Money.





      LivingInVol presents Just how good is old weezy (Warren Buffet)? posted at Living in volatility, saying, "We find out just how good Warren Buffet is using the Omega ratio, a performance measure much more truthful than the plain old Sharpe Ratio. A challenge is made to find a fund that performs better than his."





      Madison DuPaix presents OptionsXpress $100 Sign Up Bonus posted at My Dollar Plan.





      Patty Pedersen presents What Will It Take for Google Shares to Return to an All-Time High? posted at AlphaProfit MoneyMatters - Investing Blog, saying, "Google's dominance of the Internet has translated into ample gains for Google shareholders since the IPO. Now, a few chinks are appearing in Google's armor. What lies ahead for GOOG stock?"





      Austin Morgan presents Why 99.7% of People Should Avoid Actively Trading Stocks posted at Foreigners Finances, saying, "Trading stocks is often discussed like it's child's play, but in reality diving into stocks is a risky gamble that a majority of people should avoid. This post highlights those difficulties and shows you why you should reconsider your day trading hobby."





      FMF presents Appreciating Assets Part 1: Stocks and Bonds posted at Free Money Finance, saying, "The basics of investing in stocks and bonds."





      That concludes this edition. Submit your blog article to the next edition of
      road to financial independence
      using our
      carnival submission form.
      Past posts and future hosts can be found on our

      blog carnival index page
      .







      Technorati tags:

      , .



      Stock Portfolio and Watch List Updates for April 2010

      Following are the activity from the previous month:
      1. Wrote Jan 2011 35 Cash Covered Puts on Glaxo at $2.20 on 3/26/2010. The cash coverage requirement is about 2.8% of our total portfolio value.
      2. Wrote Jan 2011 40 Cash Covered Puts on Nucor at $3.65 on 3/26/2010. The cash coverage requirement is about 2.4% of our total portfolio value.
      3. Initiated a small position (~0.4%) in Vonage Holdings (VG) at $1.51 on 4/6/2010.
      The idea with writing cash covered puts is to allow building our stock portfolio over a period of time at a lower cost basis than the current market price. The two puts we wrote this month are both from our watch list. It is also possible that we will have to to be content with an outsized cash position for an extended period of time, if one of these puts get exercised. The premium will be ours to keep in that scenario – so the cash is still working! The cash coverage requirements on these puts only account for about 5.2% of the total portfolio value. The cash position in our portfolio stands at over 60% and so we will continue to use cash-covered puts spread-out over a period of time to build the portfolio.

      Below is our updated portfolio – it is slightly above break even:
















































































      StockBuy DateBuy PriceCurrent PriceCurrent % Of PortfolioUnrealized % ReturnYield as % of Portfolio Value
      Altria (MO) Various16.6920.841.2424.900.38
      Philip Morris International (PM)1/4/200532.1951.045.3758.530.45
      Kraft Foods (KFT)Various26.3330.352.4115.280.23
      Pfizer (PFE)Various24.3716.721.66(31.38)0.30
      ICICI Bank (IBN)5/18/2006 and 08/01/200825.2840.554.0260.430.30
      Advantage Energy Fund (AAV)11/2/200611.226.760.6775.580.17
      Central Europe & Russia Fund (CEE)Various39.2336.762.55(6.28)0.03
      Itron Inc. (ITRI)11/07/200785.0173.851.46(13.23)None
      Anthracite (ACPIQ – formerly AHR)11/09/20077.970.0240.00(99.70)0.00
      iRobot (IRBT)12/18/200718.65151.19(18.88)None
      LDK Solar (LDK)01/22/200830.497.540.45(75.27)None
      Aegon N.V. (AEG)04/28/200815.997.120.42(55.46)0.00
      Frontline Limited (FRO)10/06/200836.95 35.121.04(4.94)0.17
      DryShips Incorporated (DRYS)02/09/20096.96 6.080.84(12.70)0.00
      Plum Creek Timber (PCL)07/23/200930.50 39.783.1530.410.46
      CPFL Energia S.A. (CPL)07/28/200950.45 61.152.4221.210.55
      BP plc (BP)08/05/200951.49 59.032.3414.650.45
      AT&T (T)08/27/200926.38 26.252.08(0.51)0.39
      Sysco Corporation (SYY)10/13/200925.23 29.812.3618.120.39
      Exelon (EXC)12/30/200949.38 43.456.86(12.01)0.39
      Telefonica SA (TEF) 02/09/201068.74 68.747.24(0.07)0.57
      Vonage Holdings (VG) 04/06/20101.51 1.591.6750
      Cash


      61.74

      Total Portfolio



      0.322.24




      Below is a summary of transactions during the year:


























      StockBuy DateBuy PriceSell DateSell Price% Gain (Loss)% Portfolio Return*
      Ameritrade (AMTD) 5/21/2008 17.69 01/19/2010 17.45 (1.33) (0.02)
      AMTD Jan 17.5 Covered Calls (TQAAW) 1/19/2010NA 9/10/2009 NA NA0.22
      COST Jan 60 Covered Calls (PRQAL) 1/19/2010NA 9/10/2009 NA NA0.06
      IBN Mar 40 Covered Calls (ITZCN) 1/22/2010NA 10/06/2009 NA NA0.20
      Costco (COST) 8/01/2009 62.27 02/09/2010 58.18 (6.57) (0.08)
      Realized Gain/(Loss) YTD-----0.04



      • % Gain/Loss Relative to Portfolio Value at Beginning of Year + Deposits
      • The table assumes realization of profits associated with selling options only after the option is exercised or expiry.


      We have covered calls written against 40% of our ICICI Bank (IBN) shares (Sep 2010 40) and 100% of our Advantage Energy Fund (AAV) shares (Aug 2010 7.5). We also have cash covered puts on Glaxo (GSK) shares (Jan 2011 35) and Nucor Steel (NUE) shares (Jan 2011 40) with a cash requirement of 5.2% of our total stock portfolio value.

      Our watch list was updated to replace Glaxo (GSK) and Nucor Steel (NUE) with Disney (DIS) and McDonalds (MCD) respectively after we wrote the cash covered puts on them. Our current watch list follow – Archer Daniels Midland (ADM), Automatic Data Processing (ADP), Becton Dickinson (BCK), BHP Billiton (BHP), Cardinal Health (CAH), Cresud (CRESY), Disney (DIS), Eaton (ETN), Emerson Electric (EMR), AgFeed (FEED), Home Depot (HD), Intel (INTC), McDonalds (MCD), Nokia (NOK), China Nepstar (NPD), Nutrisystem (NTRI), NYSE Euronext (NYX), Qiagen (QGEN), UPS (UPS), and Waste Management (WM).

      Botswana Stamps Profile

      Botswana is a land-locked country in South Africa bounded by Namibia to the West and North, South Africa to the South and East, and Zimbabwae to the North-East. Botswana has a total land area of just over 224,500 square miles and a population of around two million making it a very sparsely populated country at around 9 per square mile. The country is flat with around 70% covered by the Kalahari Desert. Botswana has the following other distinct landforms: The Okavango Delta which is the world’s largest inland delta to the North-West – the water from the Okavango river empties onto a swamp instead of draining into a sea, Parts of the Limpopo River Basin to the South-East, and the Makgadikgadi Pan, a large salt pan to the North. The distinct and diverse landforms support such wildlife as the endangered African Wild Dog and African Elephants – the Northern Savannahs have one of the few remaining large populations of African Wild Dogs and the Chobe River Basin has the world’s largest concentration of African elephants. Botswana’s per-capita GDP is around $7500 making it a solid middle income country. After independence in 1966, the economy grew at an annual rate of around 9% in the process transforming the country from one of the poorest to one of the wealthiest in Africa. Fiscal discipline and sound management is credited for this transformation. Diamond mining accounts for around one-third of GDP. Service sector is the fastest growing industry. Other sectors include tourism, and agriculture.

      The first stamps of Botswana were a set of four released to mark the establishment of the republic of Botswana released on September 30, 1966. The set (Scott #1 to #4) designs were National Assembly Building, Lobatse Abattoir, Dakota Plane, and State House at Gaborone. It catalogs for around $2 MNH and $1 Used. This was followed on the same day by the release of a set (Scott #5 to #18) of fourteen stamps that were overprints on the Bechuanaland Protectorate (Scott #180 to #193). The beautiful varied set catalogs for around $20 MNH or Used. The lower denominations depicted birds while the higher denominations depicted trees, animals and people. The birds depicted are African Golden Oriole, African Hoopee, Scarlet-chested sunbird, Cape widow bird, Swallow-tailed bee-eater, Gray Hornbill, Red-headed weaver, and brown-hooded Kingfisher. Other significant issues of Botswana include:
      1. A beautiful long bird set (Scott #19 to #32) released on January 3rd 1967. The set catalogs for around $60 MNH and about half that for Used. The birds depicted are European Golden Oriole, African Hoopee, Ground-scraper thrush, Blue waxbill, Secretary bird, Yellow-billed Hornbill, Crimson-breasted shrike, Malachite kingfisher, Fish eagle, Gray lourie, Scimitar bill, Knob-billed duck, Crested barbet, and Didrio cuckoo.
      2. A set (Scott #37 to #39) of three stamps released on October 2, 1967 to mark the International Human Rights Year. The set is inexpensive at under a dollar for MNH or Used. It depicts the Human Rights Flame and Arms of Botswana in different designs and denominations.
      3. A Food Staples set (Scott #71 to #74) of four stamps released on April 6, 1971. The design shows the crops and farmers. The set catalogs for around a dollar MNH or Used. The crops shown are Sorghum, a very important crop for the population engaged in sustenance farming, Millet, Corn, and Peanuts.
      4. A set (Scott #106 to #109) of four stamps released on May 8 1974 to mark the tenth anniversary of the University of Botswana (Bechuanaland), Lesotho (Basotoland), and Swaziland. The set catalogs for around a dollar MNH or Used. The designs were Kwaluseni Campus of Swaziland, Roma Campus of Lesotho, and the Maps & Flags of Botswana, Lesotho, & Swaziland. The present-day University of Botswana (UB) established in 1982 was rooted from this larger University system, established with the aim of reducing their reliance on tertiary education in South Africa.
      5. A set (Scott #341 to #344) of four stamps depicting the important minerals of Botswana released on March 19, 1984. The set catalogs for around $15 MNH or Used. The minerals depicted are Diamonds, Lime, Copper & Nickel, and Coal.
      6. A set (Scott #389 to #392) of four stamps in the Flowers of the Okavango Swamps theme released on November 3rd, 1986. The set catalogs for around $15 MNH and around $10 Used. The depicted flowers are Ludwigia Stogonifera, Sopubia Mannii, Commelina Diffusa, and Hibiscus Diversifolius.
      7. A set (Scott #655 to #658) of four stamps in the tourism theme released on March 23rd 1998. The set catalogs for around $4 MNH or Used. The designs are Baobab trees, Crocodile, Stalactites, and Tourists.
      8. A set (Scott #757 to #760) of four stamps released on December 1, 2002 in the 2002-2003 AIDS Awareness Campaign theme. The set catalogs for around $5 MNH or Used. The simple design inscribes one of the awareness themes: Voluntary Counseling and testing centers, Prevention of mother to child transmission, Stigma & discrimination, and Orphan care. Tebelopele, which means looking into the future is an organization that acts as Botswana’s Voluntary HIV Counseling and Testing Network is also inscribed. This is an important set that marks Botswana’s efforts at containing the pandemic – Botswana has the 2nd highest known rates of HIV infection, just below Swaziland and the impact is best summarized by the fact that life expectancy at birth dropped from around 65 to 35 in 2006.
      Read More...

      Last Updated: 07/2011.
       

        Oahu, Hawaii – Flora and Fauna - A Trip Report

        Distinctive vibrant flora and fauna enhances Oahu from the depths to the skies and taking the time to appreciate nature at its finest is indeed a great way to unwind.

        Hanauma Bay Nature Preserve is a world-class snorkeling area located just 11 miles from Waikiki hotels. And like all popular spots its parking lot gets packed promptly making this definitely an early morning activity. Getting there is easy enough – 10 miles east of Waikiki off the main road (Route 72 - Kalaniana'ole Highway) – the Number 22 bus which has stops on Kuhio Avenue works equally well. The park is open from 6AM till 6PM and 7PM during the winter and summer seasons respectively on all days except Tuesdays. On the second and fourth Saturdays in the summer and the second Saturdays in the winter, night snorkeling is allowed till 10 PM although it is not advised for novices or young children.

        In the upper level along with the parking lot there is also a well maintained public ground with kiawe trees ideal for picnicking. Admission tickets can be purchased from the entry plaza designed like a rock formation – this award winning structure blends well with the landscape. At the Education Center and Exhibits area, there is a little waiting involved before watching the mandatory safety and education video. Excellent birds-eye view of this very beautiful reef is from this waiting area - so click away to the heart’s content! The pathway down to the beach is fairly steep but a trolley is also around for a nominal charge. The “Star Beachboys” snorkeling gear rental facility is to the right.

        In the first half an hour of our snorkeling we spotted nary a fish making the claims by some fellow snorkelers fishy. Despite the documentary video warning against feeding the fish, for all our snorkeling experience at Hawaii over the years, we can almost attest to the fact that the best means to observe fish is either to follow someone carrying fish food or to provide the vittles yourself. Perhaps it is lax enforcement, but at any given time, there is a sizable minority of visitors in the water with fare for the fish and naturally the schools congregate in those areas. In fact, the handful of fish seeking chow among the corals seemed just as surprised as we were to see them. Interestingly people consider themselves to be off the hook if what they offer is organic whole grain based food. This is a rather public secret and the few not in the know are considered old school. As a precautionary, floating is preferred over wading as wading will inevitably result in bruises from the corals and could potentially damage the fragile environment. It took a while for our kids to realize that unlike an aquarium we are the trespassers in another’s environment and the onus was on us humans to respect their space. Even if you reach Hanauma at the crack of dawn, upwards of 3-4 hours is a must to enjoy Hanauma Bay to the fullest for the variety of fish is beyond imagination.

        Even though Hawaii is home to some of the wealthiest in the country, the state does not realize its revenue entirely from locals – tourists contribute considerably to the coffers. Hanauma Bay is a classic example. Parking is $1 for all. For Hawaiian residents with a valid ID, admission is free while visitors are charged $7.50 each (waived for children below 13). Also, as most residents opt to bring in their own gear rental fee is nonexistent. Rental fees are substantial – for the four of us, snorkeling sets, locker, and two life vests totaled $53.

        Other scenic options abound and the ones we set forth to were
        1. Pali Lookout: Panoramic views of the windward coast of Oahu are on offer here. The battle of Nu’uanu that resulted in Kamehameha I conquering the island of Oahu occurred here in 1795. Nu’uanu Pali is a pass that connects the Honolulu (leeward side) to Kailua, the windward side. The first road that connects the windward side to Honolulu was built in 1845 over Nu’uanu Pali. The Pali Highway and the impressive Nu’uanu Pali Tunnels were built in 1959.
        2. Lyon Arboretum: Lyon Arboretum located at Manoa Valley (3860 Manoa Road) covering 200 acres with elevation varying from 450 to 1850 feet, is adjacent to the hiking trail leading to Manoa Falls. This arboretum falls under the umbrella of the University of Hawaii at Manoa. Admission is free with a suggested donation of $5 per person and is open M-F 9AM to 4PM and Saturdays 9 AM to 3 PM – closed Sundays and public holidays. There are multiple trails with different sections including European, African, Mediterranean, Asian, Chinese, New World, gingers, and edible flowers. While the entrance area is unstructured there is ample variety – ornamentals, garden plants, several fruit bearing trees, ginger, lily, pine, palms, etc. are all abundant around this area. The hiking choices frequented are either the leisurely walk up to Bromeliad Garden and Inspiration Point round trip which can be done under an hour or the longer one to the Aihulama Falls (1.5 miles round trip).
        3. Waimea Valley: Waimea Valley located at 59-864 Kamehameha Highway on Oahu’s North Shore is about 40 miles from Waikiki. Admission is $13 for Adults and $6 for kids 4-12. A trip to the North Shore is highly recommended for not only are the beaches less crowded they also offer bigger waves compared to the serene setting around Waikiki. The sights en-route is scenic comprising mostly of vegetation and farming (sugar cane and pineapple) including the site of Dole Plantations. It is open all days from 9AM to 5PM – closed Thanksgiving, Christmas, and New Years day. Waimea Valley consists of 1875 acres and is a sacred place in the Native Hawaiian history – descendents of the high priests lived and cared for the valley for 700 years until 1886. Currently, the valley is under the management of Hi’ipaka LLC, a nonprofit company whose mission is to nurture and care for Waimea Valley. The primary hike is 1.5 mile round-trip walk to the Waihi, the Valley’s 45-foot waterfall. It is a very pleasant trail which showcases plenty of Hawaiin flora and fauna. Repeated sightings of waxbills, mynas, zebra and spotted doves, red bulbuls, sparrows, Japanese white-eyes, and red-crested cardinals make for a fascinating jaunt. There are several detours (both paved and unpaved) that allows one to explore other sections. Right past the entrance are a few peacocks and the habitat for the endangered Hawaiian Moorhen. It is best to earmark atleast 3 hours for this site. Several walking tours are offered at set times (10 AM, 11 AM, 1 PM, and 2PM) that focuses on sections such as Native Plants, History, Wildlife, and ‘Alae ‘Ula Interpretation. For those endowed with time it is an excellent way to commune with nature.
        What better way to say ‘aloha’ than arriving at the airport a mite early to appreciate the Japanese, Chinese, and Hawaiian gardens at The Honolulu Airport Cultural Gardens! With luck, you might even catch a free event which is regularly on offer.

        Related Posts:

        1. Oahu, Hawaii - Flora and Fauna - A Trip Report.
        2. Oahu, Hawaii - Hiking - A Trip Report.
        3. Oahu, Hawaii - Attractions - A Trip Report.

        Last Updated: 02/2011.

        Labels

        401k (25) Advanced Placement (4) airlines (2) Akre Capital Management (3) AP (4) apartments (2) Appaloosa (3) Bangkok (2) barbuda (2) Baupost (2) Baupost Group (4) bay area (2) BDCs (4) beating inflation (16) Benjamin Graham Model (2) Berkshire Hathaway (12) best sites (9) Bill Ackman (6) books (4) Bruce Berkowitz (6) Business (11) Camcorders (3) canada (4) cancun (3) CANROYs (9) carl icahn (3) Carl Ichan (2) Carnival (25) Carnivals (21) casino (3) Casio (2) CEF (2) Charles Akre (3) Class Action Settlements (2) Consumer Product Reviews (30) coonoor (2) Covered Calls (24) credai (4) Credit (12) David Einhorn (9) David Swensen (5) David Winters (3) DCF (2) Digital Piano (3) Direxion (2) dry bulk shipping (4) Education (21) Egypt (2) Elementary Education (10) Elementary School Textbooks (5) eReaders (2) ESPP (6) ETF (2) ETN (2) Everyday Musings (63) Exam Prep (7) Exiting the rat race - how to? (22) Fair Value Estimates (4) Fairfax Financial (3) Fairfax Financial Holdings (3) Fairholme (6) Family Office (3) Financial Independence (196) Flash Camcorders (3) flat (4) flats (2) Flip (3) free (17) Frugal Living (79) Fund Holdings (82) futures (2) gambling (3) garmin (2) Genting (2) george soros (7) giveaway (15) Glenn Greenberg (4) gps (4) Greenlight Capital (9) Guitars (3) Hedge Funds (100) High School Education (7) High School Textbooks (6) hobby (47) home ownership (5) Homes (18) Homeschool (18) Houses (2) Housing (3) Hykon (2) Ian Cumming (5) Infinuvo (7) Investment Research (9) Investments (22) iRobot (3) Jerusalem (2) John Paulson (5) Joho Capital (3) Joseph Steinberg (5) Kakkanad (4) Kawai (2) Kids (73) Kids Yamaha (3) Kindle (2) Korg (2) Kuala Lumpur (2) KWA (2) laptop (5) Las Vegas (2) Leucadia (2) Leucadia National (3) Lou Simpson (3) Middle School Education (4) Middle School Textbooks (3) Mini Notebook (2) Mohnish Pabrai (9) mortgage (2) Music (6) Mutual Funds (4) Netbook (3) Notebook (2) Oahu (2) offers (2) online tax (2) passive income (43) Paulson and Company (4) Pershing Square (6) philately (61) Piano (9) Prem Watsa (5) product reviews (11) R2I (24) R2I Finances (3) R2I Housing (5) Raising Kids (63) Rat Race (16) reading (5) real estate (6) Reducing Expenses (24) REIT (3) Reviews (83) Robotic Vacuum (2) Roland (2) Roomba (10) Services - Reviews (37) Ski (5) Sled (4) Solar Stocks (27) Soros Fund Management (4) Southwest (2) SQ Advisors (3) stamp collecting (40) stamps (20) Stanley Druckenmiller (3) Statue of Liberty (2) Stock Analysis (124) stocks (25) summer (2) tax (5) Teacher's Editions (5) Technology (4) Test Prep (10) Time Square (2) toy train (1) Travel Reviews (63) trip report (18) UNESCO World Heritage (1) Vacations (28) value investing (8) Video (3) Warren Buffett (11) wilbur ross (5) Wintergreen Advisors (3) Yale Endowment (5) Yamaha (7)

        Google Analytics