The 2016 Leeuwin Estate Siblings Sauvignon Blanc Semillon

I had a taste of this Sauvignon Blanc Semillon on the last week of winter, but for me a SBS is a summer wine and I still had the heater on. Ok, spring was on it’s way but it just didn’t feel right – still way too cold for me. The Siblings SBS is a blend of 60% Sauvignon Blanc and 40% Semillon that is pale straw in colour with a faint green tinge. The tasting notes told me this SBS had notes of tropical fruits, nectarines, grapefruit and citrus with herbaceous grassy characters.

To be honest, I struggled to identify some these flavours and found this SBS a little non-descript on this particular evening, this is maybe due to my pre-conceived notions of what determines summer wine. I can say I pretty much hate winter, I am always looking forward to summer taking the bulk of my overseas trips during the winter months. In the future, I am hoping to engage in overseas travel and live the endless summer in my retirement.

I look forward to spending half the year in the northern hemisphere during the Australian winter before returning home for the summer months. Now that we are officially in spring and the weather is improving, I look forward to revisiting this SBS on a hot Sunday afternoon as I enjoy a refreshing white wine in the warmer months.

The Gillette razor/razor blade business model

As a former business student, I have an ongoing interest in business models and their accompanying marketing strategies. The Gillette razor/razor blade model is an interesting concept; needless to say, the money is in the blades and not the razor.

The Gillette razor/razor blade model revolves around a loss leader with the razor being sold at a loss with the razor blades sold at a substantial profit. The loss leader razor is complemented with a razor blade requiring repeated purchases. Naturally, the razor/razor blade combination is unique ensuring that you have to purchase razor blades from a specific manufacturer, in this case Gillette.

The psychological factor at play is the perceived bargain of purchasing a razor that is considered to be better value than competitor\’s products. This is especially true when the consumer is now locked into a product with the razor purchase. Instead of creating a one-off sale, a continuous revenue stream is generated by the consumer needing to not only make repeated purchases who purchases less out of product loyalty and more from force of habit.

The model was further refined with the printer/printer cartridge offered by computer hardware manufacturers. This can be circumnavigated by third party firms offering refillable cartridges at significant discounts, although with printed circuits added to cartridges, this became less cost effective. The Nespresso coffee machine/capsule model is another example, slick advertising with George Clooney endorsing Nespresso is critical to success, the coffee is decent, easy to make and easy to clean up.

This business/consumer model also encompasses e-commerce with digital industries adapting the model. A business like Google doesn\’t even offer a product as a loss leader, instead a portfolio of services and applications is offered to the consumer for no cost assembling a large audience for advertisers to target consumers. Applications are offered to consumers free of charge with opportunities to upsell premium products, ironically sometimes to escape aggressive advertising firms. This is the ultimate example of the old school bait and switch in a digital application.

So where is Google+ going?

I have been a user of Google+ for a number of years now but I am unsure how much time I need to invest in this media platform as it’s future is somewhat uncertain. I read many an article stating that Google+ is finished yet the network is still running – nay the naysayers.

Barely just two weeks after the June 2011 launch of Google+; its follower base hit a staggering 10 million users – impressive. By the end of the 2011, more than 90 million users had Google+ accounts – this was a highly successful product launch. I tend to feel that most of these users are pretty much inactive; G+ holds plenty of accounts but not many are regular users. I follow a number of the photography pages and the quality of uploads is outstanding.

The social media platform has some interesting communities and the followers seem less inclined to attack each other in a way that Facebook users get really personal and trivial. When I publish a post on Blogger, that post is immediately shared on the G+ network and whilst people may disagree with my views, they are generally respectful. I enjoy publishing on G+ and I really hope this social media site continues although I have to admit I really only log onto G+ when I am using my tablet.

A morning in Glenelg

We were looking to stay in and around Adelaide but didn’t want to stay around the CBD or riverbank area so another option was needed. The botanic gardens are apparently very good but Gramps wasn’t in the mood for walking too far so a line was ruled through that idea.

The tram runs through the Adelaide CBD with a stop not far from our hotel on South Terrace right at the back of the CBD. We wandered over to the South Terrace stop and boarded the tram for the beachside suburb of Glenelg, the tram staff were extremely helpful helping us purchase tickets on route. The centre of Glenelg is reasonably small, by what Glenelg lacks in size it certainly makes up for with natural beauty, the beach is magnificent.

We wandered out on the pier to view the beach looking back, a tractor was out raking the sand whilst only a few people lay on the beach. The beach was great although I never took a swim in South Australian waters, I suspect they would be a little colder than I have been used to, I doubt it would be a pleasant experience. We wandered around to the marina and adjoining parks before heading back to piazza for a coffee and catching the tram back to the CBD. I probably wouldn’t spend the whole day at Glenelg but a weekday morning was a pretty good experience.

The Rolex Air King

Rolex gained a well earned reputation among professionals with their robust range of tool and sports watches. Rolex as a brand was a well respected and sought after timing tool among commercial and professional users before targeting the luxury goods market when a large number of Swiss watchmakers were going broke – the brand’s reputation aided the transformation.

Air King-116900

I would choose the Air King Reference 116900 as a daily timepiece despite not being a huge fan of a number of Rolex timepieces for reasons of style – that’s personal taste. For me, the Air King is simple yet robust, the 40 mm 904L stainless steel oyster case of the modern Air King is borrowed from the Milgauss demonstrating plenty of anti-magnetic properties.

The Air King was introduced in 1945 with possibly the 5500 reference of the late 1960s as the most recognisable timepiece of the series, although at 34 mm I would expect to be a little small for my tastes. Unlike the aviation inspired Breitling Navitimer range with a specific purpose of utilising the radial slidewheel for calculations, the dial of the Air King is simple and uncluttered. Modern commercial aircraft are computer controlled rendering such a tool redundant.

The dial of the Air King resembles a cockpit instrument aesthetically. Similar to the 5500 reference, the 3, 6 and 9 markers are Arabic with the remaining hour markers running in multiples of 5 to give the instrument look. The italic Air King naming logo has been moved from the upper dial to the lower dial, similar to the 5500 reference, no date is displayed. The smooth angled bezel is similar to the Explorer design, I have always hated the fluted bezel design and love the smooth angled bezel.

The chronometer certified automatic 3131 movement, similar to the Milguass is fitted with the paramagnetic blue parachrom hairspring ensuring magnetic fields do not disrupt the performance of the timepiece. The movement is COSC certified to -2/+2 precision and would via a bidirectional self-winding perpetual rotor. A screw-down crown and screw-in case back ensure 100 metres water resistance of the oyster architecture with a scratch resistant sapphire crystal.

The new Air King is closer to the Milguass with a redesigned dial than the older references of the 1950s and 1960s, I like the Milguass but always hated the lightning bolt second hand. Whilst not a true aviator’s timepiece, I really like the dial of the Air King and the case of the Milgauss. I appreciate many people really dislike the dial design. My choice of a Rolex is the Air King, I like the new Milguass with the exception of the second hand so the Air King is closer to my tastes.

Business class envy

I read that economy passengers who walk through business class to reach their seats are angry with travelling in cattle class. I am more than happy to travel in the rear of the plane, envy is not an emotion I suffer from, I prefer cheap airfares. If my company is willing to pay for business class then great, I am more than happy for them to increase their travel bill, but I don’t want to empty out my bank account just to pay for premium seats.

Would entering the plane through the front door be better? Well yeah, they are clearly the better seats, they serve better food, provide more attentive service and the list goes on. Naturally, premium service comes at increased cost  – a bill I’m not willing to pay the extra charges. For the airlines, business class provides increased revenue with higher margins and if you are willing to pay the extra costs then so be it, but don’t get all envious and angry if you see what the extra charges get you. There are choices and we have the ability to select business class at time of booking – pull your head in.

Watch collecting – it’s getting expensive

Prestige watch owners are a funny bunch, I read online forums on occasions when I am doing research and they seem more intent on arguing with each other over small and petty issues than enjoying robust discussion in an area where we have a mutual interest. Needless to say, I have never joined in such discussions. However, I am interested in quality timepieces after graduating from my first TAG Heuer after more than twenty years of constant service.

I like Panerai but own none, I like IWC but own none, I like Omega and own three, I like Bruguet but own none and I like TAG Heuer and own three. I can’t say I’m a big fan of Rolex and don’t own any, if fact, I own a Longines Conquest but I’m not that interested in the Explorer. Paradoxically, I prefer the Conquest over the Explorer and I certainly wouldn’t purchase an Explorer II.

Before all the weird Rolex owners shake their heads, I am well aware the Explorer is fitted with the 3132 in-house movement whilst the Conquest is fitted with the base ETA 2824-2 automatic movement. I am comparing aesthetics and not engines in a way that an automobile is more than just a powerplant.

If I wanted an Explorer, I would own an Explorer, but I would take Panerai or a Bruguet over a Rolex without even a second thought. I generally limit myself to sub $5000 timepieces so all three of these are certainly out of my price range but I can still admire these fine examples of haute horlogerie excellence.

Increasingly thinking about retirement

At the age of 49, I am increasingly thinking about retirement. Whilst the official retirement age in Australia was raised from 65 to 67 a couple of years back, I expect the official retirement age to reach 70 by the time I get closer to retirement age – that particular government policy has already been discussed. That gives me 11 years to add to my retirement balance despite my modest employment income to improve my quality of life after 60.

I do use the term official retirement age somewhat loosely, that is when I will qualify for a government pension. That is closer to 22 years based on the official retirement date. But like everything, this is means tested; this is a government analysis of your assets and I expect to have generated enough personal wealth to not qualify for a full government pension and I don’t look like qualifying for a part pension either. I am what they term a net tax payer, whilst a large number of working Australians pay income tax, after such deductions such as family benefits A & B, child payments, any pensions or welfare payments, only 40% of the working population actually pay more tax than their deductions.

However, I have sacrificed my personal finances and standard of living to put aside a substantial sum every pay period to finance my retirement. I will qualify to gain access to my personal retirement fund once I turn 60 and I am going to do just that. I would be mad to keep contributing to a scheme that has a cap on the total balance. I would be smarter to start drawing it down in a manner that enhances my quality of life instead of remaining in the workforce for another 7 years, aging further and diminishing my chances of international travel and adventure while I am still in reasonable health.

We have a crazy system that the hardest and most productive workers pay the most whilst the section of the population who contributes the least receives the greatest benefit. Americans would be appalled at such a system and while my politics are somewhat right of centre, I am somewhat of a closet socialist. I believe we should have a safety net as a compassionate society to assist those down on their luck through no fault of their own.

We shouldn’t promote a welfare dependent society who only takes and doesn’t give, if you can’t work because of a disability or injury – then that is what welfare payments are for. If you are too lazy to work then you should receive nothing after a certain period of looking for work, that includes not only attending interviews but receiving feedback from prospective employers about reluctance to work.

I have spent a whole working life never drawing any benefits from the government, even in retirement I will not be costing the taxpayer any money to support me and I will still be paying tax on the funds I pull out of my retirement account. But I will not be employed full time either, I will be getting up when I feel like it, doing some exercise before my morning coffee and then working out how my day will pan out. My plan is to do in a country where my retirement dollar goes further and the quality of life is good. I want to live overseas during the Australian winter and return home in the summer – I am looking forward to my modest retirement.

Is gin making a comeback?

I like gin, I have been a gin drinker for a long time, but to be honest, I don’t drink a lot of gin. Yet I am still going to reach for a gin based drink given the opportunity. Is gin making a comeback? I certainly hope so.

What I am noticing in Perth at least is gin bars are popular again. One of the more famous movie lines was Humphrey Bogart playing Rick Blaine was “of all the gin joints, in all the towns, in all the world and she walks into mine” in the Warner Bros classic Casablanca. Despite the excellent gin options available, I’m not much into cocktails and prefer just a gin and tonic, a fairly ordinary choice really. With winter coming to an end, the days are getting sunny again so it is time to head out for a little sunshine – roll on summer.

Retiring overseas

With now just a little over ten years left until I can officially retire on my self managed superannuation fund, I know living in Australia full time is going to be way too expensive. I have friends living overseas throughout South East Asia and although I don’t want to limit myself to Asia, I view their circumstances with interest.

I enjoy summer in Perth so I fully intend to spend the summer months in Australia, that does increase my costs as I have to maintain a residence in Australia for a whole year whilst also paying for accommodation overseas. That being said, I am looking to travel whilst still active, as I age my mobility is expected to decline somewhat so I need to retire earlier rather than later.

So at age 60, I should still be fit enough to travel on a budget as there is still so much I want to see and do and require a relatively active body to enjoy such a retirement lifestyle. I am really looking forward to retiring and starting the next phase of my life. I like scuba diving, mountain biking, sailing, hiking and kayaking so I need to maintain my fitness for these activities. These are not cheap past times either, so I need to have suitable finances to support my forms of entertainment.

What’s the point of working right up until you are too old to enjoy it. I understand the need for belonging and working purely for the enjoyment of achievement. However, I am more than willing to forgo future some income for lifestyle, you have to enjoy life now and not look too far into the future but still follow a solid plan.