|
|
 Personal Money Planning'se-Newsletter for May 22, 2010 (to look at past issues, click here) |
|
Click Through To Our Web Site
|
|
Send This Newsletter To A Friend 
|
|
Get Your Own Subscription 
|
|
2010 Census:
By The Numbers
Total number of temporary 2010 Census workers the week of April 25-May 1:
575,700
The number of training sessions held nationwide from April 27 through April 30 for door to door census taker training:
33,000
The hourly pay rates for door to door census takers:
The maximum number of years in prison and the maximum amount of the fine for a census worker who reveals personally identifiable information:
5 and $250,000
|
|
|
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.
This publication should not be construed by any consumer and/or prospective client as Personal Money Planning's solicitation to effect, or attempt to effect transactions in securities, or the rendering of personalized investment advice for compensation, over the Internet. Nor should links provided to other sites be construed as the recommendation of the services or products mentioned on those sites. If such services are required, the help of a competent professional should be sought.
Remember that past performance may not be indicative of future results. Therefore, you should not assume that the future performance of any specific investment, investment strategy, or product made reference to (directly or indirectly) on this Website will be profitable or equal to indicated performance levels. Different types of investment involve varying degrees of risk, and there can be no assurance that any specific investment will either be suitable or profitable for your investment portfolio.
Historical performance results for investment indexes and categories generally do not reflect the deduction of transaction or custodial charges or the deduction of an investment management fee, the incurrence of which would have the effect of decreasing historical performance results.
A copy of Personal Money Planning's current written disclosure statement discussing Personal Money Planning's business operations, services, and fees (known as an ADV Part II) is available from Personal Money Planning upon written request (and can be downloaded from our web site).
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.
| |
|
|
Special for Memorial Day
I repeat this one now and then, and since next weekend is Memorial Day weekend, I thought this was a good time to do so. --Gary
The Name On The Wall
Fifty thousand names were carved across the blackened wall,
each name a silent testament to someone who gave all.
And while I felt a sadness and I thought the loss a shame,
it didn't feel the clammy chill until I saw my name.
It stood below a William, just above a Robert D, and as I looked I couldn't help but wonder, why not me?
What separated my fate from the man who bore my name,
How was it we were different when so much appeared the same.
He gave his life outside Da Nang when he was twenty-one. defending fellow soldiers, he refused to turn and run.
He died a day when far away I hadn't reached thirteen,
and lived without a clue about the things that he had seen.
I looked ahead to junior high, he'd hoped to go to college, I dreamed of playing football while what he pursued was knowledge.
I'd yet to have a girlfriend's kiss, he left behind a wife,
and meant it when he told her that he'd love her all his life.
And so I traced my every day, the milestones of my past, the time that I was given since the day he breathed his last.
I thought about the things I'd seen as through the world I wandered,
and thought about the precious time I all-too-often squandered.
My fingers brushed across the letters etched into the stone, his sacrifice reminding me of duties of my own.
The duty to remember and to hold my freedom dear,
to be the best that I can be each day of every year.
For service to our nation isn't just for those who fall, nor just for those who stand the line when duty comes to call.
It rests upon us all to keep in mind the sacrifice,
to use our precious freedom to be worthy of it's price.
I bowed my head and humbly said a quiet word of prayer,
for all of those who hung the flag that billowed in the air.
And from that day I've carried what I know to be my call--
to be worthy of the man who put my name upon the wall.
Michael Marks
Have great week and a safe Memorial Day Weekend,
Gary Silverman, CFP |
| gary's Sunday newspaper column | Sunday Newspaper Articles You May Have Missed |
From the Wichita Falls Times Record News
On Goldman and the Apparent Evil of Wall Street
Understanding the reality of the finance industry can help you protect yourself.
|
| articles links from | The Economist | |
The Science behind Eyjafjallajokull
What did we know about volcanoes and air travel before the recent eruption in Iceland? What more do we know now?
Inequality and the Status of the American Dream
Americans believe that with hard work and dedication, upward mobility is a given. But the research paints a different picture.
|
| Money Resources | Financial Information From MyMoney.gov |
MyMoney.gov brings together information from over 20 different Federal websites as a way to teach Americans financial education. You can search for helpful information based on different life events (a new baby or retirement, for example); browse resources for military, teachers, employers and others; and find financial calculators and worksheets to assist with your own financial planning.
Savings Matters
The U.S. Dept. of Labor and the Certified Financial Planner Board of Standards worked together to create the following booklet to teach you ways to succeed in setting goals for saving and retirement.
|
| from gary's facebook page |
Stuff you may have missed on Facebook |
 Gary has a Facebook page where he regularly sends out links and notes during the week. This section repeats those that are still pertinent to our readers. Even if you are one of his Facebook "friends" you could have missed one or more of these, so you may want to peruse through them, just to make sure.
If you're not one of Gary's Facebook buddies, you can become one by clicking here:
You should also be aware of Personal Money Planning's Facebook page. Up to now, Gary's Facebook postings have all come from his personal page. Beginning in the next month or two, the "Gary-ish" stuff (curling, odd facts, etc.) will stay on the GaryWSilverman page, and all of the money-oriented postings will come from the Personal Money Planning company page.
To find our company page, click here:
Student-Loan Debt Relief
There are some new rules to help borrowers with their government-backed student loans, and not many people know about them. Now, you do.
Fannie Mae and Freddie Mac Creating a Bigger Black Hole
The giant sucking sound heard during the financial crisis? Not the big banks, it's Fannie and Freddie; and they are getting bigger.
Well-meaning financial planners are being turned away from offering free financial planning to active duty military because of some bad apples in the past.
Remembering a Veterans' friend and advocate
You may have wanted Audie Murphy, actor and most decorated soldier in WWII, on your side on the battlefield; but you would have wanted his widow, Pam Murphy, fighting for you when you came home. She died recently at the age of 90.
|
|
|
parting thoughts
Planning the status quo in warfare is always dangerous
It has been said that the United States has a very limited need for an advanced aircraft such as the F-22 Raptor. That is true, for now. After all, our current aircraft can take on whatever the Russians and Chinese can throw at us with relative ease. And that's not taking into account the F-35s in production.
However, just because we've got the right equipment to take on all comers right now doesn't mean it will be that way in the future. Yes, I know that we are doing a lot of unconventional warfare in Iraq and Afghanistan. And yes, I know that sort of conflict is expected be more the norm than a clash with a superpower. And yes, I know that we are currently the only superpower left.
Nevertheless, with Russia testing its wings again and rebuilding its military (take their new PAK FA fighter) and China spending more and more money on weapons development, I believe that it is a bit foolhardy to rest on our laurels. History proves me more right in this opinion than wrong.
Of course, this doesn't come down just to a philosophy on how to design your military force. It also comes down to money. I've mentioned quite a few times that the U.S. is spending way more than it is taking in. Choices must be made. If the choice is to allow others to build their military on par with ours and not answer back with superior weaponry, then okay. But if we do so, let's recognize the choice that we are making...and make darn sure it is worth it.
| |
That's all, for now.
Gary
Gary Silverman, CFP
Personal Money Planning
|
|
|
|
|
|
©2008 Personal Money Planning. All rights are reserved by Personal Money Planning and content may not be reproduced, disseminated, or transferred in any form or by any means, except with the prior written permission of Personal Money Planning unless specifically noted. (Permission is not difficult to obtain.) The one exception is for downloading and printing information this newsletter for general education by the original recipient. |
|
|
|
|
|
