Enjoying Yosemite Valley with Kids – A Trip Report

A four-day trip to Yosemite Valley in the latter half of spring break lend credibility to why Yosemite stands tall as the best National Park in the USA. The park area consists of over three million acres of the Sierra Nevada and includes 95 percent of Yosemite National Park. Within the Park, accommodations are limited – Park Service has outsourced the management of accommodations to the Delaware North Companies (DNC). Rooms with bare bones necessities (heater, hot water, and decent bed) are very expensive and start at around $150 (including taxes) during peak season. For that charge one can reserve what they call a heated tent (wooden frame, propane heater, common bath, no room service but with towel service) at Curry Village. We went for a regular room with heating and private bath at Yosemite Lodge for around $230 including all taxes. Rooms can be reserved up to a year in advance and are quickly snapped up. The historic world renowned Ahwahnee is the premium facility in the valley with rooms start at $500. Even though we consider the rates outrageous, we still recommend staying inside the park as the other options have their disadvantages – the outskirts is not exactly cheap (El Portal on Hwy 140 and Fish Camp on Hwy 41) and comes with commute. Further out is economically feasible (Oakhurst or Midpines) but prohibitive commute wise.

The approach roads to Yosemite Valley from the East Bay are 120, 140, or 41. We started early and took the detour for Hwy 41 from Hwy 140 and took the tunnel entrance into Yosemite Valley. A good vista point before entering Yosemite Valley is immediately after Yosemite View Lodge on Hwy 140 at El Portal - the water, valley fauna and flora, and the granite rocks combine in harmony. Parking is available on both sides of the road at the Tunnel entrance. We made an in and out and in again through the tunnel to experience the view of the valley both ways – the view of the valley on exiting the tunnel is just outstanding. The parking lot on the right has the trail entrance for Inspiration Point (1.2 miles), Dewey Point (5.1 miles), and Glacier Point (13 miles). The trail starts out steep and we ventured a little bit and predictably the view gets better with elevation. Bridalveil Falls is the first not to miss vista stop on the valley floor. The parking lot is petite given the popularity of the falls. This half mile round-trip paved hiking trail to the base of the falls is of medium grade and is classified as an easy hike. The falls have year-round water flow.

Further down, meadows flank both sides of the road with panoramic views of El Capitan, a huge sheer face granite monolith that stands close to 4000 feet from the base to the summit, the largest in the world. Wooden boardwalks are built over the meadows in several areas in the valley as a protection measure. Bear sightings are possible as it is around this time they come out of hibernation. We were lucky to see one at a comfortable viewing distance. For first time visitors identifying the granite monoliths El Capitan, Three Brothers, Sentinel Dome, etc. might be confusing but once identified the giants become friendly. The Valley Loop Road turns around after the historic and distinctive Yosemite Chapel on the right. A left turn takes you over the Merced River and immediately to the right there is a parking lot. Walk back to the bridge to take in one of the best views of the Half Dome. Continuing on the Upper Loop Road takes you to the Valley Visitor Center and also accommodations at the Yosemite Lodge and the Ahwahnee. For Curry Village, it is back over the bridge and to the left.

We arrived at Yosemite Lodge around 3 PM and tried our luck although check-in is after 5 PM. They said they could provide a room of their choice if we wanted to check-in early. We availed of that option but the room was not that great a location – corner room at ground level facing the main parking lot. As we were mostly outdoors the room worked for us - but we recommend opting for rooms on the other side of the road – for those appear nicer and more private. The best thing about Yosemite Lodge is its location right at the foot of the Yosemite Falls – a short walk gets you to the trailhead. The convenience of a cafeteria, gift shops, theater, bike rentals, and bus stops is also great. However the room itself is in dire need of an update.

From the Lower Yosemite Fall trailhead, it is one-mile round trip to the lower Yosemite Falls, and the hike is classified as Easy with low gradation. The views are outstanding and perfect for those traveling with toddlers and/or seniors for the entire stretch of this trail is more of a stroll than a real hike.

Yosemite Shuttle is an excellent alternative for transportation within the valley. Shuttle Stops are numbered from one to twenty one starting at the Day Use Parking Area. It runs a loop and the only confusing part is figuring out how to go back a few stops – alight at those stops where the shuttle stops in the other direction. We alighted at Happy Isles (Shuttle Stop #16), the trailhead for several hikes including the Vernal Falls (1.4 miles round-trip to the foot of the bridge with a view, 3 miles round-trip to the top), Nevada Falls (7 miles round-trip), and the Half Dome (17 mile round-trip). We did a couple of short hikes in the morning and a longer hike in the afternoon on our first full day in the valley. The plan was to hike to the top of the Vernal Falls and decide on the rest of the hikes based on how the kids fare. Unfortunately, the last 0.3 miles was blocked off due to a landslide. Next we headed to Mirror Lake (Shuttle Stop #17). The hike to Mirror Lake is pretty easy – even for those with very young kids. Parts of this seasonal lake were dry and accessible making for great picnic locations. These two hikes together took up the bulk of our morning. In the afternoon walked around to Camp 4, the trailhead to Upper Yosemite Fall (Top – 7.2 mile round-trip, Columbia rock – 2 mile round-trip). The hike to the top of the fall is expected to take between 6 to 8 hours and our plan was to hike as much as we can beyond Columbia rock. This was the most strenuous one we attempted but very rewarding indeed. After around the halfway point (around 2 hours) with daylight disappearing fast and the trail becoming more snowed we called it a day.

On our third day at Yosemite Valley, we drove up to the Hetch Hetchy Reservoir via Big Oak Flat Road (park pass required at the entrance). En route, we stopped by the Merced Grove Trailhead, one of three places from where it is possible to hike to a redwood grove. The entire trail (1 mile down) was covered in snow but there were a few attempting the hike anyway. The hike to Wapama Falls is an easy hike in spite of it being fairly long (5 miles round-trip – 3 to 4 hours). There were plenty of children on the trail and the grade is low to moderate. Several picnic spots exist on this trail.

We spent the morning of the final day checking out the visitor center and the surrounding places accessible by foot. All in all, we hiked well over twenty miles in our four days there and left the valley content and relaxed beyond words. Nature has a way to soothe like no other.

Last Updated: 02/2011.


Economy, Business, Credit, and Debit @ the Roundup #19











Welcome to the May 14, 2010 edition of the Roundup.






Shakira Dawn presents 50 Free Open Courseware Classes About Human Resources posted at Masters in Human Resources, saying, "If you are interested in learning more about human resources, or if you just want to hone your skills as a human resources manager, here are 50 free open courseware classes about human resources."





Hussein Sumar presents How a 401k Plan Increases your Savings Opportunities under the Economic Growth & Tax Tax Relief Reconciliation Act of 2001 (EGTRRA) posted at 401k, saying, "Many baby boomers who are nearing retirement and even young people who are interested in saving as much as they can for retirement visit their financial advisors each year to see how much they can contribute to their 401k plans and other savings plan for the current & upcoming tax years. Effective 2002 and thanks to Economic Growth & Tax Relief Reconciliation Act of 2001 (EGTRRA), annual limits on 401k contributions were raised for this exact purpose. This allows working investors to contribute more tax-deferred contributions to their retirement plans and lower their current taxable income."





debt kid presents Finding Your ‘Side Hustle’ to Get Out of Debt posted at Debt Kid.





Silicon Valley Blogger presents Low Interest Rate Credit Cards To Lower Your Debt posted at The Digerati Life, saying, "Thanks!"



All Others





Madison DuPaix presents –› Approaching My Financial “Scary Age” posted at My Dollar Plan.





Sell It on the Web presents 7 Tips for Creating Unique Content That Doesn’t Suck posted at Sell It on the Web, saying, "Tips and advice on how to create unique and compelling content on a regular basis."





nissim ziv presents How to Increase your Earning Potential? Enhance Your Career Potential posted at Job Interview Guide, saying, "As people progress through life, their requirements and demands increase, and they upgrade their lifestyle.
Because of this, people want to increase their financial status. Simply put, a person cannot live on the same salary all his/her life."





Madeleine Begun Kane presents A Dog Of A Limerick posted at Mad Kane's Humor Blog, saying, "inheritance humor"





Jocelyn Harris presents 60 Insider Secrets to College Admissions posted at Online University Lowdown, saying, "There are enough resources available both online and through high schools and institutions of higher learning to help provide some semblance of stress reduction and structure to a frenzied, occasionally soul-crushing process. Take advantage of these tips and tricks from experts and expert researchers alike as a means of approaching the college application process with a clearer head and more responsible, positive outlook."





Austin Morgan presents How to Open an Online Savings Account posted at Foreigners Finances, saying, "In order for your money to grow, it needs somewhere safe to live. This post is a step-by-step guide to opening up an online savings account."





BWL presents What Is Disability Insurance & Do you need it? posted at Christian Personal Finance, saying, "A look at disability insurance and whether or not you need it..."





David de Souza presents Claiming Back Overpaid Tax From the Inland Revenue posted at UK Tax Blog, saying, "A step by step guide on claiming overpayments of tax from the government."





Cary Anderson presents How To Be Frugal: Saving Money on Entertainment posted at All Things Frugal, saying, "Having fun does not mean having to spend a lot of money."





Richard Adams presents How To Negotiate With Creditors posted at Debt Assistance Guru.





FIRE Getters presents Early Retirement Case Study - Sandy Aldridge and Dale Lugenbehl posted at FIRE Finance, saying, ".. Sandy Aldridge and Dale Lugenbehl who retired early (at ages 48 and 47 respectively) more than a dozen years ago to their eight-acre farm in Cottage Grove, Oregon. Though they did not have high paying jobs, their conscious choice and laser focus on leading a simple life with meaningful pursuits in a harmonious relationship with nature allowed them to kick the rat race early. Their philosophy was "living more simply so that others may simply live.""





Sun presents The Importance of Choosing the Correct Retirement Date posted at The Sun’s Financial Diary.





Sustainable Life Blog presents April 2010 Recap posted at Sustainable Life Blog, saying, "My debt update. Going over me paying down my debt to accomplish financial independence."





Roshawn Watson presents A Secret Weapon To Your Financial Plan posted at Watson Inc, saying, "Personal finances become personal when you realize that your finances affect so many other areas of your family lives, such as your health, your education, your safety, and your relationships. No wonder why Solomon proclaimed, "money answereth all things.""





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Carnival of Road to Financial Independence #19











Welcome to the May 13, 2010 edition of road to financial independence.







Frugal Living





Steve presents ISMagazine.com - Blog - eBates Offers Online Cash Back Shopping posted at ISMagazine.com, saying, "eBates offers rebates for many of the top online retailers. The process is simple and pays you cash every quarter."





CouponShoebox presents Tips for Establishing Home Food Storage posted at Coupon Shoebox, saying, "Build that storage and buy everything when they come on sale to save lots of money."





Joe Plemon presents Stretch the Life of Your Mower by Giving Him a Name posted at Personal Finance By The Book, saying, "The best way to stretch the life of your mower is to care for him, but if you are less than meticulous about equipment maintenance, naming him works pretty well."





The Investor presents Do you want to retire early enough to save 75% of your income? posted at Monevator.com, saying, "Ambitious about the age you'll retire at? Then you need to be ambitious about how much you save."





Joel Ohman presents What state has the cheapest auto insurance rates? posted at Car Insurance Comparison, saying, "Considering moving? Don't forget to factor in costs of insurance if you are deciding between moving to different areas of the country."





Steve Faber presents How to Get Cheap Motorcycle Insurance posted at Cheap Car Insurance.





Christien presents How much does Financial Planning cost? posted at How Much Does Everything Cost?.





AEDINSY presents Frugal Marketing for Entrepreneurs posted at Small Business Advice | Small Business Tips and Articles | Small Business Success Stories.





Before You Invest presents Four Bad Spending Habits That I Am Changing Today posted at Before You Invest..., saying, "We spend money every day, sometimes more than others, but when it comes to budgeting it’s the little things that really add up. My finances are pretty well in order but this article looks at four areas where I can save even more money without sacrificing the things that I love."





Michael Pruser presents How To Save Money on Your Cell Phone Bill With Validas posted at The Dough Roller, saying, "How to save hundreds on your cell phone bill!"





kurt presents Prepaid Debit Card API From Plastyc, Inc. posted at GetDebit.com.





me in millions presents Monday Morning Mother's Day Inspiration posted at me in millions, saying, "On mother's day I reflected on the inspiration I got from my mother's frugal habits."



Passive Income





Sean Smarty presents Advantages of Index Funds posted at Growing Money.





Kai S. presents How to Retire Early posted at Internet Business Tactics, saying, "You don't need to be a millionaire to retire early. Find out how."





Viviana Widjaja presents Top 5 Reasons Why I Choose GDI Opportunity as Network Marketing Home Business posted at viviana-journey.com.



Reducing Expenses





Wenchypoo presents How HSAs and FSAs are Affected by Health Care Reform posted at Wisdom From Wenchypoo's Mental Wastebasket, saying, "Part 1 of a series of posts telling you how you can reduce costs for special diet foods (like for Celiacs) by first running grocery purchases through HSA, FSA, or MSA plans (pre-tax), then by writing them off as medical expenses. Part 11 and 111 follow under separate posts."





Jessica Bosari presents Do You Qualify for Bankruptcy? | billeater.com posted at Billeater, saying, "Bankruptcy 101: Do you qualify?"





PT presents Financial Benefits of Working from Home posted at Prime Time Money, saying, "Work from home to spend less. I share my recent experience."





Jessica Bosari presents Save Money with Kids Clothes That Don't Wear Out...Ever! | billeater.com posted at Billeater, saying, "A free program that helps you save on kids' clothing that won't wear out!"





Jim & Martha presents Delta SkyMiles Cardholders: First Checked Bag Free posted at Wanderlust Journey.





Case Ernsting presents Absentee Marketing: Reach Markets Effectively posted at FinditLocal411 Blog, saying, "As you strive for financial independence, you should focus on cutting the clutter and streamline your business. Stay efficient and achieve financial success."





FMF presents Eight Great Frugal Date Ideas posted at Free Money Finance, saying, "How to go out on a date without spending a fortune."



Stock Investments





Madison DuPaix presents Can You Have a 401k and an IRA at the Same Time? posted at My Dollar Plan.





Janet Calhoun presents Where To Invest With $5, $50 or $5,000 posted at Saving Cash And Making More, saying, "You can invest and make your money work for you, even with as little at $5, $10 or $50 - here's how."





Heidi presents Free Money with a College 529 Account posted at Little People Wealth, saying, "An easy way to get money and start saving for your children's future."





Medhat Youssef presents What is trading posted at Forex trading online.





Vahid Chaychi presents If You Like to Take a Step Forward, You Should Take Risk posted at Forex Signals | Forex Market Analysis | Online Currency Trading Education, saying, "A trader is not someone who clicks on the buy/sell buttons. A trader is someone who knows when he should be out of the market and waiting for a better chance."





Patty Pedersen presents Investing in Emerging Markets ETFs and Mutual Funds posted at AlphaProfit MoneyMatters - Investing Blog, saying, "Emerging markets have come a long way since the late 1990s when the title submerging markets was more apt. Becoming fiscally fit and offering higher growth prospects emerging economies have helped investments in such regions lead the post-recession recovery. This article outlines investment options, opportunities, and risks in emerging markets ETFs and mutual funds ... factors investors need to examine before allocating assets to this increasing important investing category."





Praveen presents Three Good Stocks Made More Attractive By The Recent Market Activity posted at My Simple Trading System, saying, "Three stock picks made more attractive by the recent market drop."





MoneyNing presents Before Your Roth IRA Conversion: Have You Considered Taxes? posted at Money Ning, saying, "Beware of the several tax concerns of you convert to a Roth IRA."





Manshu presents India ETF List posted at OneMint, saying, "These ETFs offer a way for American investors to gain exposure to Indian equities."





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Stock Portfolio and Watch List Updates for May 2010

Following are the activity from the previous month:
  1. Initiated positions on Archer Daniels Midland (ADM), Intel (INTC), Google (GOOG), Cardinal Health (CAH), and Pearson (PSO) with roughly 2% of our portfolio each.
  2. Wrote Sep 2010 17.5 Cash Covered Puts on NutriSystem Inc. (NTRI) at $1.70. The cash coverage requirement is about 2.4% of our total portfolio value.
The cash coverage requirements on the puts account for about 15% of our cash position. The cash position in our portfolio is still pretty high at around 50%. We will continue to use cash-covered puts spread-out over a period of time along with direct purchases to build the portfolio over time.

Below is our updated portfolio – it is around break even:































































































StockBuy DateBuy PriceCurrent PriceCurrent % Of PortfolioUnrealized % ReturnYield as % of Portfolio Value
Altria (MO) Various16.6921.671.2929.880.38
Philip Morris International (PM)1/4/200532.1947.991.9149.070.45
Kraft Foods (KFT)Various26.3330.402.4115.470.23
Pfizer (PFE)Various24.3716.901.68(30.65)0.30
ICICI Bank (IBN)5/18/2006 and 08/01/200825.2841.124.0862.690.30
Advantage Energy Fund (AAV)11/2/20063.856.650.6672.730.17
Central Europe & Russia Fund (CEE)Various39.2334.462.39(12.15)0.03
Itron Inc. (ITRI)11/07/200785.0177.411.54(9.05)None
Anthracite (ACPIQ – formerly AHR)11/09/20077.970.0140.00(99.82)0.00
iRobot (IRBT)12/18/200718.6521.451.7016None
LDK Solar (LDK)01/22/200830.496.460.38(78.81)None
Aegon N.V. (AEG)04/28/200815.996.520.39(59.22)0.00
Frontline Limited (FRO)10/06/200836.95 33.981.01(8.03)0.17
DryShips Incorporated (DRYS)02/09/20096.96 5.600.78(19.59)0.00
Plum Creek Timber (PCL)07/23/200930.50 38.733.0726.990.46
CPFL Energia S.A. (CPL)07/28/200950.45 63.062.50250.55
BP plc (BP)08/05/200951.49 48.501.93(5.81)0.45
AT&T (T)08/27/200926.38 25.822.05(2.14)0.39
Sysco Corporation (SYY)10/13/200925.23 30.692.4421.620.39
Exelon (EXC)12/30/200949.38 42.162.51(14.63)0.39
Telefonica SA (TEF) 02/09/201068.74 60.712.41(11.75)0.57
Vonage Holdings (VG) 04/06/20101.51 1.830.7320.840
Archer Daniels Midland (ADM)04/23/201028.27 27.502.18(2.74)0.39
Intel Corporation (INTC)04/23/201023.9823.092.29(3.71)0.39
Google Inc. (GOOG)05/03/2010528.36 505.352.01(4.35)0.39
Cardinal Health (CAH) 05/06/201034.42 35.352.102.700.57
Pearson PLC (PSO) 05/06/201014.32 14.962.084.440
Cash


51.47

Total Portfolio



(0.25)2.24




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), Nucor Steel (NUE) shares (Jan 2011 40), and Nutrisystem (NTRI) shares (Sep 2010 17.5) with a cash requirement of about 15% of our cash position.

Our watch list was updated to add Air Products & Chemicals (APD), Goldman Sachs (GS), Harris (HRS), NYSE Euronext (NYX), Owens & Minor (OMI), and VF Corporation (VFC) to replace the positions we initiated the last month. We also deleted Eaton (ETN) from our list as it has runaway – it went up over 40% since our adding to the watch list and is no longer an attractive option. Our current watch list follow –Automatic Data Processing (ADP), Air Products & Chemicals (APD), Becton Dickinson (BCK), BHP Billiton (BHP), Cresud (CRESY), Disney (DIS), Emerson Electric (EMR), AgFeed (FEED), Goldman Sachs (GS), Home Depot (HD), Harris Corporation (HRS), McDonalds (MCD), Nokia (NOK), China Nepstar (NPD), NYSE Euronext (NYX), Owens & Minor (OMI), Qiagen (QGEN), UPS (UPS), VF Corporation (VFC), and Waste Management (WM).

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