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August 2006
 
 
WH Cornerstone Investments Newsletter
Working with you to achieve a future that is greater than your past

Greetings!
THE NUMBER: A Completely Different Way to Think About the Rest of Your Life by Lee Eisenberg has caused a buzz. The Number represents the amount of money and resources people will need to enjoy the active life they desire, especially post-career. It is constantly fluctuating in people's minds and bank accounts. To some, the Number symbolizes freedom, validation of career success, the ticket to luxurious indulgences and spiritual exploration; to others, it represents the bewildering and nonsensical nightmare of an impoverished existence creeping up on them in their old age, a seemingly hopeless inevitability that they would rather simply ignore than confront. People are highly private and closed-mouthed when it comes to discussing their Numbers, or lack thereof, for fear they might either reveal too much or display ineptitude. We here at WH Cornerstone can help you figure out your number. Give us a call today to get started.

Time to Share. Create a Buzz. Have you heard it? Boom, Boom, Boom It's the beat of the generation of Boomers and Seniors who want to live the biggest life possible. Collectively, they intend to do, see, learn, and be more on the way to the reachable goal of living to 100.

Welcome to Eons – the place where people 50+ go to get things done. Eons.com is a free website celebrating the life that begins at 50. You are invited to start thinking about your unprecedented opportunity to travel and explore, to re-invent your career, to nurture relationships, to give back to your community – to live the biggest life possible.

A ticket to ride...driving the Phil to new heights! Keep "excellent music close to home" by purchasing your raffle ticket to support the Plymouth Philharmonic Orchestra and its educational programs. Only 1,000 tickets sold at $100 each so your odds are 1000-to-1 with one ticket! Winner receives $35,000 gift certificate to Colonial Ford in Plymouth or $25,000 in cash. Winner announced September 30, 2006 at the Phil's opening night at Memorial Hall in Plymouth. Winner need not be present. Proceeds will support the Phil's music education program in local communities. For more info, call the Phil 508-746-8008 or purchase your ticket on line.


Cheers—Paula and Bill Harris

How to survive 7 big budget busters
Financial stress doesn’t result just from credit cards. Truly serious problems arise because you don’t plan properly for the most important, fixed costs in your life.
Most budget advice focuses on carving savings out of your discretionary spending -- how much you blow on lattes or health clubs or eating out.

But interviews with credit counselors and bankruptcy attorneys show it’s more often the expenses you consider fixed or beyond your control that can cause you serious financial trouble.

5 deadly mistakes when starting a business
Running your own company can be a dream come true - if you're willing to learn from other people's nightmares.
For many people, starting their own business is a dream come true. But too many entrepreneurs see their dreams fall apart - their firms fail because of common pitfalls that could have been avoided.

5 ways to start a company (without quitting your day job)
Almost everyone stuck in a cubicle dreams of starting his own business. Here are 5 ways to use your current gig to launch a new venture.
If you're reading this, there's a good chance that you've always wanted to launch your own startup. According to our research, roughly half of all Business 2.0 readers dream of founding their own companies.

'McMansion' owners caught in a housing bubble
But they're not living the dream anymore. The family put the 7,000-square-foot home up for sale and moved to a smaller house in December to save on their mortgage payment, utilities and taxes. Now, it's an albatross they can't sell despite dropping the price.
Doctors Patricia Sheiner and Michael Silver and their three young children loved their $2 million dream house in New York's suburban Westchester County.

But they're not living the dream anymore. The family put the 7,000-square-foot home up for sale and moved to a smaller house in December to save on their loan payment, utilities and taxes. Now, it's an albatross they can't sell despite dropping the price.

So many miles, so few seats
The number of award-seats has not kept pace with the number of miles. Three ways to land a seat.
For years Frank Valone never had a problem cashing in frequent-flier miles when he traveled between Syracuse and his home in San Francisco, even at peak times. Then, out of the blue sky, airlines denied two consecutive requests to redeem miles for domestic tickets this summer.

The "10 commandments"
According to Lee Eisenberg the author of The Number: A completely different way to think about the rest of your life
  • Thou shalt not put all thy eggs in one basket.
  • Thou shalt have the patience of a nesting hen.
  • Thou shalt know that past performance is no guarantee of future results, nor shalt thou become so exuberant so as to forget that eggs drop, cookies crumble, bubbles burst, and that which goes up will eventually come down.
  • Though shalt not invest in anything thou dost fail to understand.
  • Thou shalt not question the divine power of compounding interest.

  • Thou shalt not squander long-term returns by incurring frequent trading commissions or excessive management fees.
  • Thou shalt honor thy company’s retirement plan.
  • In particular, thou shalt honor thy company’s match—after all, it’s free money.
  • Thou shalt take on risk commensurate with thy ability to sleep well at night.
  • Thou shalt honor thy age and timeline by properly apportioning thy ratio of stocks to bonds.

phone: 888.797.9009

“A goal without a plan is just a wish.” — Antoine de Saint-Exupery (1900 - 1944)

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