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IN THIS ISSUE: 

Personal Money Planning's Newsletter
January 23, 2016
Thanks for checking out this week's newsletter. I hope this finds you well. Enjoy your weekend!  

Gary Silverman, CFP®

Soapbox
Gary's Soapbox
Turn off that TV
Gary Silverman caricature Alzheimer's and other kinds of dementia are extremely common--about a third of all adults over the age of 85 will have to deal with these maladies. However, doctors have known that older adults who use their brains more actively are less likely to fall victim to dementia. Now there is even more information available on this phenomenon.

A new study that followed over 3000 adults for more than 25 years found that people who watched, on average, more than three hours of TV a day had had 64% greater odds of scoring poorly on the cognitive tests compared to those who spent less time channel surfing. The odds of performing poorly on the cognitive tests was even higher for those avid TV watchers when they were sedentary the rest  of the day.

Don't worry if you spent your younger years glued to the television, though. The same research found that by being socially active, exercising more and challenging your brain more often as you grow older can mitigate the damage. 

 So, the moral of the story is: Turn the TV off, take a walk, play a game, and build up your brain power rather than engaging in passive activities that just deplete you in more ways than one. 

Articles
Gary's Latest Articles
From the Times Record News
Don't save for college, if...
That's not the typical kind of advice you hear about saving for college, but there may be times when it's the best thing to do. Read more...

Leverage and GDP
Check out this graph, then read Gary's take on the history of the world's GDP. Click here...

Money101
Money 101:
Monthly Market Monitor
finger-keyboard.jpg Eaton Vance shares a review of economic and asset class data through various charts and graphs. Starting this month, you can click through to the various topics by using the bar you'll see on the right of the page. Click here to see the report.  
Final Thought
Fuzzy Crystal Balls
Back in the year 2000, a man named Harry Dent predicted that the Dow would reach 40,000 by the end of 2009. It didn't. It closed at 10,428 on 12/31/09. Now he believes that the Dow will fall to 6,000 by early 2017. He had a similar prediction  back in 2014. According to that prediction, the Dow should be hitting 6,000 right about now. 
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