PiggyBankWritingPersonal Money Planning's

e-Newsletter for April 11, 2009

(to look at past issues, click here)
Also In This Issue
Millionaire?
College Planning (reprint)
Estate Planning and Investing Seminar (reminder)
parting thoughts: Batteries
 
 
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Millionaire?
If you're a millionaire, you've got company. Over 5% of households have a net worth of at least $1 million. And that's not counting the value of their primary residence. 
  
 




 

 

Disclosure

 

This newsletter is produced by Gary Silverman, dba Personal Money Planning, a registered investment advisor located in Wichita Falls, Texas.

Information in this newsletter is believed to provide accurate and authoritative information in regards to the subject matter covered. However, the accuracy, timeliness, or applicability of the information is not guaranteed and is provided with the understanding that we are not rendering legal, accounting, tax, or other professional advice or services.

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Personal Money Planning does not make any representations or warranties as to the accuracy, timeliness, suitability, completeness, or relevance of any information prepared by any unaffiliated third party, whether linked to Personal Money Planning's web site or incorporated herein, and takes no responsibility therefore. All such information is provided solely for convenience purposes only and all users thereof should be guided accordingly.

 
 Gary Silverman, CFP  
Jesus, the good guy
 
It's Easter. And in my humble opinion, it is the most significant holiday for a Christian. As such, you're about to get a blatantly religious message. I was going to write this myself, but one day I ran into this excerpt from C. S. Lewis' book, Mere Christianity. There is no way I can do better in discussing the idea that Jesus was a good guy-just not divine.
 
I am trying here to prevent anyone saying the really foolish thing that people often say about Him: 'I'm ready to accept Jesus as a great moral teacher, but I don't accept His claim to be God.' That is the one thing we must not say.
 
A man who was merely a man and said the sort of things Jesus said would not be a great moral teacher. He would either be a lunatic-on a level with the man who says he is a poached egg--or else he would be the Devil of Hell.
 
You must make your choice. Either this man was, and is, the Son of God: or else a madman or something worse.
 
You can shut Him up for a fool, you can spit at Him and kill Him as a demon; or you can fall at His feet and call Him Lord and God. But let us not come with any patronizing nonsense about His being a great human teacher. He has not left that open to us.
 
He did not intend to.
 
Have a great Easter.
 
Gary
 
Gary Silverman, CFP  
College Planning
When you brought your bundle of joy back from the hospital, you said that you'd sacrifice anything to give her (or him) all the advantages in life that you could. And while not everyone will or should go to college, post high school training in one form or another is the key to gaining the skills for a good career.

Find out how to prepare for it financially. Read the rest of the article by clicking here.
 
(This article was previously published in the Wichita Falls Times Record News.)
  


Estate Planning and Investing Seminar

In case you missed the announcement last week...
 
Attorney C. Dan Campbell and Gary Silverman, CFP� (me) are co-hosting a seminar covering Estate Planning and Investment Management Advice. The seminar is being run twice:
 
Tuesday, April 21, 6:00-8:30 p.m., or
Thursday, April 23, 3:00-5:30 p.m.
 
Both will be at the Hawthorn Suites, 1917 Elmwood, in Wichita Falls, Texas. For those of you who find evenings more convenient, sign up for Tuesday night. If the afternoon is better, choose Thursday.
 
Dan will be covering Fundamentals of Estate Planning - What everyone needs to know. Gary will be covering The Four Sins in Investing-How to keep from making the most common mistakes in your portfolio.
 
Fundamentals of Estate Planning
�  Using the Will or Revocable "Living" Trust to achieve your goals for protecting your loved ones when you die.
�  The "business" durable power of attorney and why it may be the most important document you will ever sign.
�  The "medical" durable power of attorney-its importance (and why he recommends against the "directive to physicians").
�  What is a "HIPAA Release"?  (And why you need it) 
 
The Four Sins in Investing
You'll learn the sin, the risk it presents, and how to avoid it, including...
�  How to keep from selling when the market is low.
�  How to keep a bear market from affecting your lifestyle.
�  How to keep your money from running out before you do.
�  How to keep your portfolio from going to zero.
And a bonus sin (and protection) that I'll reveal at the seminar.
 
The cost of the seminar is $10 and spouses can attend free of charge. Proceeds go to Inheritance Adoptions, which provides a great service to our community.
 
RSVP to 692-6885 to register for this seminar

 
parting thoughts 
Batteries
 
This is an at-a-boy to Action Battery Center. Bobby and the gang at 911 Jacksboro Hwy have been helping Joanne and me for quite a while.
 
While they specialize in electric carts (think golf), we use them for all those pesky battery needs. You know the kind...you open up the back of a favorite watch or toy and some really weird looking battery is inside.
 
Instead of going too and fro hunting a replacement, we just hop on down to Action Battery and they seem to always have just what we need. The one time they couldn't find a replacement, they seemed more upset about it than we were.
 
And no, they didn't pay me to write this.
  
That's all for this week.
 
Gary Silverman caricature
 
 
 

Gary

 
Gary Silverman, CFP
Personal Money Planning  
 
 

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