|
|
 Personal Money Planning'se-Newsletter for October 16, 2010 (to look at past issues, click here) |
|
Click Through To Our Web Site
|
|
Send This Newsletter To A Friend 
|
|
Get Your Own Subscription 
|
|
Young Boy Rallies Against Taxation |
A little boy wanted $100 badly and prayed for two weeks but nothing happened. Then he decided to write a letter to the Lord requesting the $100. When the postal authorities received the letter addressed to the Lord, USA, they decided to send it to the President. The President was so impressed, touched, and amused that he instructed his secretary to send the little boy a $5.00 bill, as this would appear to be a lot of money to a little boy.
The little boy was delighted with the $5.00, and sat down to write a thank-you note to the Lord.
It said: Dear Lord, Thank you very much for sending me the money. However, I noticed that for some reason you had to send it through Washington, DC and as usual, those jerks deducted $95. |
|
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.
|
|
|
Paying Back Big Debt
Even wonder what would happen if Greece, Ireland, or some other country couldn't pay its debt? I mean, it's not like you can go in and repossess the country (I think they call that 'war'). In fact, countries who have a bit too much debt cause all sorts of panic throughout the world. When a company goes bankrupt, at least its assets can be put up for sale to try and make some of your money back. This option isn't available if you loan money to a country. A nice, short (4 page) article by the Federal Reserve Bank of Dallas covers this and other issues related to Sovereign Debt problems. If you're interested, you can find it at http://www.dallasfed.org/research/eclett/2010/el1009.pdf.
Gary
|
| Note to Clients |
Happy Halloween! |
Personal Money Planning will be having its annual open house October 29 from 11 a.m. to 4 p.m. This is a chance for clients and the other businesses located in the Chase building to say hello, see our offices and grab a spook-tacular snack.
Stop by to see what crazy costume Gary will get himself into this year!
|
| Wichita Falls Events |
Christmas Magic Tickets |
Planning on attending Christmas Magic November 5-7 at the MPEC? If so, give us a call and grab your tickets in advance--at a discount! If you are a client, we will provide 2 tickets free of charge. For everyone else, we have tickets available for just $5 each if purchased in advance. We have a limited number here at the office, so call 940-692-6885 soon before they all run out!
|
| gary's Sunday newspaper column | Sunday Newspaper Articles You May Have Missed |
From the Wichita Falls Times Record News
Investing: Inflation Protection and Safe Bonds This article provides a few tips for putting funds into TIPS, Treasury Inflation Protection Securities.
Gary explores the relationship between bonds and a country's debt ratio. |
| News from SEC |
Investor Alert from U.S. Securities and Exchange Commission |
SEC Warns Investors of Current Scams
Advance fee fraud solicitations are just one of the schemes that trick investors into revealing private information. This alert advises ways to tell if an email or website is legitimate.
|
| Identity Theft |
3rd Annual Protect Your Identity Week
October 17-23 |
The Steps to Fight Identity Theft
Find out how you can protect yourself from ID theft, and take a quiz to see if you are a potential target for ID thieves.
The news show, Dateline, and journalist Chris Hansen spent a year investigating the criminals and the victims behind Internet-based Identity theft. The reach of the scams touched almost every continent.
|
| from gary's facebook pages |
Facebook Stuff You May Have Missed: from Personal Money Planning
and Gary Silverman |
For information about Personal Money Planning, continued sharing of links about money, small business, finance, and the economy, be sure to link to the Personal Money Planning Page by Clicking Here: 
You may have already "friended" Gary on his personal Facebook page, if not, Friend Away by Clicking Here:  Here are a few links from recent posts:
Getting By with a Little Help from your Friends (and Family)
A Great Resource for Marketing your Small Business
This marketing guide from Business.gov lays the groundwork for you to develop a marketing plan and has links to several articles and other tools you can use.
|
|
|
parting thoughts
Measured Ideas about Creation
I'm a creationist. And one of the little problems in saying that the earth isn't billions of years old is carbon dating. This throws a wrench in the validity of a young earth. However, I can see the evolution theory's Achilles heel: if physics worked differently in the past than it does now, all that dating work becomes invalid. It seemed that nothing is quite as constant as radioactive decay rates, until now.
Some studies seem to indicate that radioactive decay rates do change...with the seasons. See the story at the Discovery web site:
http://news.discovery.com/space/is-the-sun-emitting-a-mystery-particle.html#mkcpgn=emnws1 Sure, this doesn't prove that God created everything in six days, but it is interesting to think of the possibilities.
(Don't worry, if I get up to heaven and God tells me He started the whole thing a billion years ago with a big bang, it really won't bother me.) | |
That's all, for now.
Gary
Gary Silverman, CFP
Personal Money Planning
|
|
|
|
|
|
©2010 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. |
|
|
|
|
|
