Tax deferred- Investments in which taxes payments are postponed. This occurs with ‘tax-deferred accounts’ such as IRAs (Individual Retirement Accounts) annuities and some bonds. Taxes are due under different circumstances depending on the vehicle, so check with your tax professional. Rollover- Retirement investments moved from one provider to another. The reasons for this may be job change or the consolidation of accounts to a new advisor. The change is reported to the IRS. Mont Carlo Simulation- This is a statistical calculation done by advisors to provide various scenarios to investors. Computer programs are generally used and it attempts to provide some degree of certainty about how long your income will last in retirement. For instance using Monte Carlo, withdrawing your assets at a 4% withdrawal rate per year provides a 90% certainty hat your will have income for your lifetime. The Monte carlo simulation expresses answers in probablilites. Annuitization- The process of converting a sum into a stream of payments. Particulars vary. You can have a flow of income for a certain amount of years (period certain) or a lifetime. Annuitization provides payments over a period of time.Citation:
The fields are ripe for the picking at Tate’s Strawberry Farm in Corinth.There are five varieties of strawberries, and Chelsey Anderson helped plant some of those in the spring.Chelsey- With all the rain we had this spring there wasn’t a sunny day to waste in May, so owner, Albert Tate got me going on the tractor. Albert- “That’s my pride and joy.”Albert- I’ll show you how to get it going.Albert- Push your foot in on the clutch and turn the key on. We’ll put this in fourth and put this in gear. Okay, and we let off the clutch and give it your gas pedal.Albert- Just let her out. Chelsey- Whoa! Whoa! Giver the gas. Oh my gosh! And I’m just going to follow the line? Albert- Follow the line. Giver the gas. Chelsey- Is that the right speed? Albert- Little bit faster.Chelsey- Can you do anything wrong here? Albert- Not really. Chelsey- Am I following at all? Albert- Yes you’re doing great.Now that the field was tilled it was time to gather all the planters together. It would take four of us just to plant, one to drive, and one to make sure the plants are covered. Thank goodness Tate’s Strawberry Farm is a family affair.Albert- That’s going to be 5th generation.Chelsey- I think he’s a better driver than I am.Albert- Here’s our planter.Albert- Alright these are our plants. Ok. There’s 25 plants to a bundle and what we’ll do is we’ll put that plant in the planter then we’ll get another plant and put that in the planter. These are the roots, you need to have the plant that far. We can’t have it in the ground too deep because it will smother it and if it’s out it will dry out and die. So it has to be ground level. 55-thousand plants go in the ground each spring.Albert- This is the red tab. This will be where the plant goes.Albert- You put your thumb on the base of the plant. Yep and then you want to put it right on the red tab. This will go through. Ok. You got the next red tab. Ok. That’s yours. Like that. Chelsey- Oh dear. Albert- Then I’ve got the next one. Now it’s yours.Albert- Sometimes the ground will have a little dip or a little ridge so the plant doesn’t get fully in the ground. We have somebody who walks behind just to check the depth.Chelsey- I missed one.Bev- Whoops you skipped one. I did.Albert- It happens. We get 10-12 plants on each row that need to be adjusted. But I wasn’t just skipping, I was adding.Chelsey- Well, see I planted 2 there since I missed one before. I’m just making up for it. Albert- You come next summer and you’ll see a nice wide row there.Chelsey- This is the slow gear and it was just too fast for me. Albert-This is a slow gear, but that’s fine.Albert- The hard part is when you skip over to get another bundle of 25. Chelsey- Oh dear. It gets harder. Albert-Yep.And Albert didn’t speak a moment too soon.Chelsey- Uh-oh. Uh-oh. Oh dear. Good thing I have Albert. Bev- You must be changing hands. Chelsey- I was attempting too.But I got a little better with time, and when you’re planting 35-hundred plants per hour you don’t have a second to waste.Albert- Little more gas. She’s a veteran now (laughter)After the tractor driving and all the planting would I be hired?Albert- You would most definitely be hired. Good news! Thank you.Chelsey- The berries I planted still have a long way to go. After some growing the hand hoe will be used, then the Tate’s will go pick the blossoms off, and check for bugs and diseases, and then in November they’ll be covered with hay to prevent winter kill. But If you go out to pick your own strawberries next year, you’ll be picking the one’s I planted.
NOISE AND MENTAL HEALTH: Is chronic noise more than just a nuisance? HEALTH WATCH â€“ July 5, 2011David Prescott, Ph.D. â€“ Acadia HospitalWhy Worry About Noise? In much of Maine we are thankful for our ability to step outside of our homes and hear almost nothing. The peace and quiet of the majority of Maine communities is a benefit of living here. But, for many people across the nation and the world, chronic noise is not only a nuisance but a significant hazard to mental and physical health. The World Health Organization recently reported that over 1 million health years of life are lost each year due to ill health, disability, or early death due to traffic related noise. While most research has been done on the impact of noise that is difficult to control, like traffic or airplanes, there is mounting evidence that trying to reduce the amount of everyday noise in our lives can have important health benefits. How much noise is too much? Noise is measured in weighted decibels. The recommended noise level in a bedroom to help with good sleep is no more than 30 decibels. In a classroom, the ideal level of noise for learning is less than 35 decibels. Standing next to a vacuum cleaner is usually rated at about 70 decibels. While studies of American cities are still not completed, recent research found that about 40% of people in Europe live in a place where traffic noises are at an average of 55 decibels. Noise and Mental Health: The impact of chronic noise on mental health is not quite direct, but not hard to follow. Our bodies react to chronic high levels of noise with responses such as: â€¢ Increased production of hormones that are released in response to stressâ€¢ Decreased sleep. â€¢ Increased blood pressurePoor sleep and chronic stress response are clearly tied to increased risk for depression, anxiety disorders, and a variety of mental health disorders. Also, being in an environment with chronic stress, such as high noise levels, make it harder to recover from health and mental health problems. For example, preliminary research suggests that high noise levels in acute care hospitals is associated with slower progress in recovering from an illness. Noise and Development in Children: Exposure to high levels of chronic noise appears to slow the cognitive and learning development of children. Naturalistic studies of children who live near airports shows a decline in reading levels and long term memory associated with chronic noise. Interestingly, a group of children who had chronic noise removed, due to relocation of airports, showed improvement in the same tests of reading and memory. Are there any simple steps that can be taken to reduce the impact of noise? Obviously, people have limited ability to control things like where airports and roads are built. However, becoming aware of noise levels that you can control may have important health and mental health benefits. Some examples might be: o Consider turning off televisions and stereos in your home that are on â€œall the time.â€ o Be sure to reduce noise levels in the house when children, and adults, are sleeping. o If you work at home or your children study at home, consider setting aside agreed upon times for quiet, when radios, movies, and television are turned off. o Simply being aware of reducing your voice level may help, particularly if someone in your home is recovering from illness or mental illness. For More Information: American Psychological Association: www.apa.org/monitorWorld Health Organization: www.euro.who
Summer in Maine is delightful. But have you ever considered the affect weather has on the stock market?! Researchers have given this topic quite of bit of study and here are some of their results.Warmth affects subtleties such as your first impressions of people. In an experiment people whose hands were warmed by holding a cup of hot coffee were more lickly to have positive impressions of others compared to those who had not handled the cup.That same tendency of positive feelings are found in investors on warm days. Research has demonstrated a strong link between sunny days and higher stock market returns. Another study has shown a link between warm, sunny days and investors’ choices of riskier investments.In contrast, cold, cloudy days on Wall Street correlate in many studies, though not all, to lower stock market returns.Believing that only logic and financial statements are what drives investment performance would be missing the mark on the research into the nuances that cause changes in the stock market.Another study on the market and our health found that for some, stock market volatility can be difficult on one’s health. In several studies, researchers have found a connection between the percentage change in the stock market and the rate of investor heart attacks. Extreme volatlity. One study noted in the Wall Street Journal article, studied 2006 through 2008 and found that changes up and down in the market of 1% could result in increased cardiac deaths of 2%. The study is backed by others with similar finds.What do these studies mean to you? I think it means to let go of too tight a belief that you can predict how stocks will behave. Let go of too intense a relationship with your joy and your investments since you can’t control the future or the behavior of others as they trade. And make a good plan, and work your plan the best you can. Citations:Sunshinehttp://online.wsj.com/article/SB10001424052702304520804576349213528554824.htmlMarion R. Syversen, MBA – PresidentNorumbegaFinancial207.862.2952Marion@NorumbegaFinancial.com
I talk to a lot of people and you should know that arguments, special about money, happen at many peoples’ houses.Kids – Oh, the little darlings. We love them to pieces, but maybe I love them more than you because I will buy them things you and insist on them earning money. I have heard folks say that they grew up with nothing and they just have to take care of their kids’ needs to the highest possible level. Even, and often, not taking care of their own future needs. I have frequently been able to help folks think in a different way by aksing if this lifestyle:e is what they would advise their children- as adults- to emulate. Do they want their, daughters, for instance, to neglect themselves in the future and give over all their money to the kids? The answer is usually noâ€¦Who earns more- You love each other and need to find a balance with that fact as your focus. If you have separate accounts or divide the bills, in this case you may divide them proportionately, and not simply 50/50, cause that division would not be equitable. I have seen folks with more income be a real bully to the less well-earning partner. That’s not love, kids. Look yourself in the eye and imagine how your activity or behavior would look if you saw it in another couple, your best friends. How would you see that behavior?Family / Ex-family- You may argue because family intervenes in your money lives. Are their grandparents who insist on gifts that make one or both of your uncomfortable? Do you have an ex who makes more than the new family, from whom you still have financial ties of debt ? Speak to a counselor to help you sort out a better approach since this can be all wrapped up in emotions that have nothing to do with the present situation. Be efficient, make things better now!Spending / Saving- It’s not uncommon to have one partner be a spender and the other be more or a saver. These descriptions are neither bad nor good. They are just different and you love that about your baby! But under certain circumstances these differences can be more difficult. Have a talk about how to balance these characteristics and make a lovely and harmonious outcome that uses the best in both of you for your family.Citations:
By- Dr. Joan Marie Pellegrini It is that time of year and the lakes are warming up. As the temperatures rise, we will be spending more time in the water. Because of this, a few of us will get Swimmer’s Ear. This is an infection of the external ear canal that causes pain, itching, a wet and full feeling in ear, pain with jaw movement, drainage from the ear canal, and sometimes neck soreness (from swollen nodes). The CDC estimates that more than half the cases in this country are in adults. So this is not just a problem for children. The most important risk for swimmer’s ear is the duration of exposure of the canal to water that is contaminated. The water from lakes, oceans, and pools all carry risk. I would have thought that a chlorinated pool would be safer. However, this is not true. The chlorine in a pool causes irritation in the canal by accelerating keratin degradation (keratin is found in the protective layer of cells lining the canal) and actually increases the risk of swimmer’s ear (Medscape). So, what can you do to prevent this? First, I should mention some things that you should not do. Don’t try to clear the ear canal before swimming. The ear canal has a natural mechanism of moving wax and dead cells from the inside to the outside. Attempted cleaning can irritate the canal and make infection more likely. Never insert anything into the ear canal. Lots of swimming can wash away the protective wax coating in the canal. In order to protect the skin in the canal, you may use a mixture of vinegar and isopropyl alcohol. Place 2-3 drops in ear canal before and after swimming. If you are particularly prone to this type of infection you may try using ear plugs when swimming. Specialized petroleum coated plugs are available. However, you must avoid getting an accumulation of petroleum in the canal which could block the water that gets in from draining back out. When you get out of the water, try emptying any water in the canal by tilting the head to each side. Pulling on the ear lobe can help empty the water. Also you may use a hair dryer on the lowest setting. Once you have the infection, there are drops that can be prescribed to treat the infection. By no means should you try to clean out the ear canal with anything (including cotton-tipped swabs). If you are on vacation and will need to fly home, you should strongly consider seeking medical attention promptly so that the infection can be optimally treated. This is because the pressure changes in the plane can cause severe pain and some complications. An infection that is left untreated can cause the infection to spread to the inner ear or bone.A useful website:http://www.ncbi.nlm.nih.gov/pubmedhealth/PMH0001647/
Requires 2 batches http://www.eastmill.com/cook/cakes%20bars%20squares/WhoopeePiesMax.htm 2 3/4 Cup Flour 2 Tbl Buttermilk Powder * 1 Tsp Baking Powder 1 Tsp Salt 1/2 Cup Cocoa Powder 1 1/2 Cups Sugar 1 Tsp Baking Soda 1 Cup Hot Water 1/2 Cup Milk 1/2 Cup Shortening (same as 8 Tbl) (not Hi Ratio) 2 Eggs 1 tsp Vanilla * For real Buttermilk, leave off buttermilk powder and 1/2 cup hot water, use 1/2 cup Buttermilk. If not using buttermilk, sub 1/2 cup milk with 1 tsp vinegar mixed for buttermilk powder and 1/2 cup liquid. Blend Flour and Buttermilk powder before starting. Mix all dry. Then add rest and beat well for four minutes. Should be like pancake batter. Add water as needed. Pour on parchment paper on metal sheet or 16 inch pizza pan, make mound of about 15 inch diameter at less than an inch thick. The max is because most home ovens can not handle a pizza pan over 16 inch size. Bake at 350, cooking time varies by thickness of batter, thick may be done in 8 minutes, thin may take 30 or more. For more of a dome, chill batter for ten minutes before cooking. The max is because most home ovens can not handle a pizza pan over 16 inch size. Watch the baking, when toothpick check is clean, pull and move to a wire rack, the edge can burn if left too long. remove paper for soft cookie, leave on until cool for crunch layer. Then make another batch for the other cookie. After outsides are cool, spoon filling between the two above cookies Whoopee Pie Filling 2 TBL Egg White Powder *** 3/4 Cups Hi Ratio Shortening (same as 12 Tbl) ** 3 Cups Powdered Sugar1/8 Tsp Salt 1/2 Tsp Vanilla 2+ TBL Milk Double the above or make second batch with peanut butter for 16 inch recipe. Mix on high for 15 minutes until smooth, DO NOT SHORT TIME THIS!!! Add milk to reach your choice of filling preference. Give about 5 minutes for the filling to start to fluff up . After cookies are cold, spoon filling between the two cookies. ** Hi Ratio shortening is used by bakers and is fluffier and reduces grease taste.** Sub peanut butter or unsalted butter for 1/2 cup of shortening, if desired*** The use of raw egg whites may be a concern, so use Wilton egg white powder. The original filling had 2 egg whites instead of powder, or you can omit and have less volume. Also, the eggs in the dough was just yokes, saving the whites for filling.