Friday, June 27, 2008

my portfolio loss is starting to scare (oops concern) me

With gasoline pump prices and food prices and air
conditioning bills continuing to go up while the stock
market and real estate prices head south
in the opposite direction, I'm getting a bit scared (oops
I mean concerned). Overall, I'm still in the black. My
overall diversified portfolio is still positive. But the
overall value has dropped over 10% this year. Cathy
thinks we ought to switch our emphasis to bonds or
CD's. This suggestion of hers never comes up during
rising prices in the stock market. Wonder why. And
I always say to her, "why are you saying that? You
have not lost any money because your company
matches your 401k contributions. So it's almost
impossible for you to lose money." Should we stay the
course as I believe or convert to a more conservative
course?

Tuesday, June 24, 2008

Have You Taken Care of Your Business?

Two young friends of mine have died this month. And I am very sad. They both were in their 30's. Both died tragically. This touched a nerve in me because our two daughters are in that age group. One of my friends, "Shon," left a husband and three young children to mourn her loss. She was attending a church picnic where she collapsed and was not able to be resuscitated. My other friend, Damon, was seriously injured in an accident on Father's Day. He was riding his motorcycle near his home when a car hit him. After being in intensive care for several days, he was released and went home, only to pass away the next day. Mourning Damon is his few weeks old first born child Isabelle and his wife. As a father the worst thing to me is to have to bury a child. It's not meant to be that way. As an insurance and financial advisor I wonder whether their financial affairs were in good shape so that their loved ones could live in dignity. Is there adequate life insurance to cover funeral, medical and other final expenses? Is there an emergency fund to continue to meet family expenses until things can be settled and checks issued? Is there enough insurance to pay off the mortgage so that the surviving spouse will not have to be worried about keeping a roof over her and the children's head? Was money being put into a college fund for the child(ren)? In other words will the family left to grieve and try to pick up the pieces of their life be able to say that my husband (wife), father(mother) loved me enough to have taken care of business? I pray and hope so.

Monday, June 16, 2008

today is a great day! tiger wins.

TIGER WINS 14TH MAJOR GOLF TOURNAMENT

In the U. S. Open golf tournament today, Tiger Woods won his 14th major title in a playoff at Torrey Pines. He is just 4 victories in major tournaments away from surpassing Jack Nicklaus as the best golfer in history. I believe that this was an especially satisfying victory for Tiger. He had major knee surgery about 6 weeks ago. And this was his first tournament after the surgery. Although he tried to hide the pain, the cameras picked up many moments when Tiger's face showed pain after making an important shot. To get to the playoff round today, Tiger had to make a spectacular 12 foot put on the 18th hole yesterday. Sinking this put was both a birdie (one stroke under par)) and a tie to enable him to play against Rocco Mediate in a playoff today, which Tiger won.
Official Website for Tiger Woods


Friday, June 6, 2008

Meeting With David Axelrod, Chief Strategist to Senator Barack Obama

On June 11 Cathy and I and a group of supporters
met with David Axelrod at a luncheon in Dallas.
David is the Chief Strategist to Senator Barack Obama.

David was a laid back guy sporting a moustache, which
is not common for most white guys. He told us how he
met Obama and that they have
been friends for more than 15 years. David stated why
he thought Barack was the right guy to be president.
He's a man of principle and he's bright and a quick
study. Also Barack is committed to making things
better for all Americans. David related
also how he was one of the key guys who helped get
Harold Washington elected as the first black mayor
of Chicago. At the end of his presentation David
got a standing ovation.

i've joined the blog world

hello friends and family. you knew it would happen sooner or later. i've joined the world of blog. hope you will share your thoughts from time to time. loveya. GodBless.