Issue #8 Aug. 2016                                                                                                       
The end of summer may be creeping up, but there's still time to book a nice vacation, enjoy the great outdoors or throw a big neighborhood barbeque. In the same spirit, there's always another chance to keep the emotions of investing in check and recommit to your long-term plans. The first link below describes how patience can really pay off as the power of long-term investing is illustrated in the "Long-Term Power of Markets (Growth of $1)" chart below. The second link is on a new study by Fidelity suggests there may be a big disconnect between what Millennials understand their role to be in their parents' future care and what parents may ultimately need or expect. The third link is an article entitled "10 Headscratchers" which outlines how we are all irrational sometimes when it comes to our finances. The final link below offers some advice about buying our four-legged friends every chew toy in the store, here are some good ways to determine when it's worth spending money on Fluffy or Fido and when it just doesn't add up.

In the short term, markets often go up and down, but this historical chart shows how staying the course, adopting a long-term perspective and letting markets work for you can make a real difference. See how $1 invested in the U.S. Stock market in 1926 grew to $5,390 by 2015. That's the power of free markets, powered by human innovation.

   

It's important to plan for the future, and that planning should involve clear communication with adult children. Here are some important money and healthcare questions every family should discuss.

Most of us would never dream that we could win a professional tennis match, so why do we feel we could beat the market by "taking more control" and jumping in and out of our investments?   These 10 observations will help you understand how irrational behavior may be sabotaging your finances.

Discover when it makes sense to spend money on your furry friend (high-quality food and healthcare top the list), and how to smartly curb the temptation to buy your pooch yet another expensive Halloween costume or rhinestone collar.

AUGUST 2016
   
Commonly Observed Holidays
Aug 1. Civic Holiday(CA)
 
Financial Dates & Deadlines
none
 
Business & Industry
Black BusinessMonth
 
Aug 1. US Air Force Day
Aug 4. Coast Guard Day
Aug 18-24. Minority Enterprise Development Week
Aug 27. Franchise Appreciation Day
Aug 31. Love Litigating Lawyers Day

Cause Observances
American Indian Heritage Month
Boomers Making a Difference Month
Water Quality Month

Aug 4. Social SecurityDay

Special Observances
American Artists Appreciation Month
Golf Month
What Will Be Your Legacy Month
 
Aug 3. Watermelon Day
Aug 4. Social SecurityDay
Aug 5-21. Summer Olympics
Aug 7. KidsDay
Aug 8-14. Sturgis Rally
Aug 9. Book Lovers Day
Aug 10-16. Elvis Week
Aug 13. Garage Sale Day
Aug 19. Aviation Day
Aug 21. Senior Citizens Day
Aug 26. Dog Day
Aug 26. Women's Equality Day
Aug 29. US Open Tennis begins
Aug 30. Toasted Marshmallow Day

In This Edition
Valuable Links
August 2016, Key Dates
Bill's book "It wasn't on my calendar."

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"It wasn't on my calendar. "
 

 


 
Most people do not plan for a medical, mental or aging crisis for a parent-or themselves, and if such a crisis is not on your calendar, prepare now. None of us know what we don't know, and when a loved one's health and/or mind are failing, this is no time to have a crash-course in learning. 
 

  • Who do I turn to for advice? 
  • What kind of questions do I ask?
  • Do I plan a loved one's care for this immediate crisis-or make a plan that includes future needs as conditions worsen? 
  • How do I respond to the many needs: place to live (kinds of facilities), care (who provides and what kinds), costs (and how to pay them), and advisors (finding the right people to handle finances and elder planning).  
If you have more questions than answers, this first-hand guidebook, written by a CPA/ financial planner about his dad's situation, will provide answers. Now you will be able to deal with your own situation with more knowledge and focus.

Visit our Website!

The information provided in this newsletter is educational in nature and is not intended to be construed as, legal, tax or investment advice and does not necessarily represent the views of the presenting party. Specific federal and state laws relevant to a particular situation may affect the applicability, accuracy or completeness of this information. Material presented is believed to be from reliable sources, but its accuracy is not guaranteed. If additional information is needed, the reader is advised to seek professional services.
 
Registered Representative and Investment Adviser Representative of and securities offered through Signator Investors, Inc. Member FINRA, SIPC, and an SEC Registered Investment Adviser
         
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