Banking can be an expensive undertaking. Fees for many services, such as deposits, ATM, check writing, etc. Some banks try to entice depositors with ‘free checking’ if high amounts of your money is held in savings accounts that pay a pittance in return, that may stink for you. So, here the things you need to research if you want to find the best banking for you. Fees- These can be as broad as ATM charges- at YOUR bank and when you use banks outside the system, monthly costs for accounts and for additional bank services that might be of interest to you such as traveler’s checks or overdraft fees. Additional charges for paper statements or other services?Foreclosures- Ask how many foreclosures have occurred from loans at this bank and as well as credit card defaults. The answer to that question will let you know several things: the scrutiny of the banks’ lending process, fees that will be required of you to cover the bank’s losses. Stuff happens. People lose jobs and businesses fail. But if this is really high this bank may be too reckless for your money.Benefits- Is this bank conveniently located? Are the hours good for your schedule? Are you willing to suffer some inconvenience for other perks? How is their bill-pay online? Can you move money from business accounts and personal accounts? Does the bank provide free notary service for customers?Following these tips you may save money this year!Citations:http://www.ehow.com/how_5168878_save-bank-saving-money-bank.htmlhttp://www.ehow.com/how_5175130_banks-inexpensive-comes-fees.htmlMarion R. Syversen, MBA – PresidentNorumbegaFinancial207.862.2952Marion@NorumbegaFinancial.com
On “Take This Job and Love It” our reporters do everything they can not to get chopped, but in this edition Chelsey Anderson was trying to make a cut and more at the Maine Lumberjack Show in Trenton.—————–Timber Tina: “It’s kind of fun though!” Chelsey: “I bet.” Timber Tina: “It’s exciting!”Timber Tina is head lumberjill and owner of the Maine Lumberjack Show in Trenton. We started the day with speed climbing, and before I’m even finished suiting up I become concerned about the muscle mass I lack for this event.Chelsey: “There’s not a hole there.” Timber Tina: “There’s not a hole there!? Evidently the guys have bigger calves.” Timber Tina: “Alright. Now what you’re supposed to do is go step, step, throw. Step, step, throw. So it’s one and two.” Chelsey: “Except those step steps are on this?” Timber Tina: “It’s on the tree.”Timber Tina: “Just dig one spur in.”Timber Tina: “And now dig another one in.” Chelsey: “Oh no! Okay. Gosh. I’m going to come crashing down.”Chelsey: “So how high up do most of these people go? All the way to the top?” Timber Tina: “Higher than you!” Chelsey: “Yes!” Timber Tina: “We tell them if they go to the top of the line and here’s the line Chelsey. Right here.” (laughter)Well everyone has to have a goal. Timber Tina: “There you are!” “Yeah!” Next up, cross cut sawing.Timber Tina: “Rule number one in sawing, Chelsey, never let the saw touch you!”Since I was most certainly not a competitive sawer I found little accomplishments along the way.Timber Tina: “Alright. Next, chain sawing!”Timber Tina: “Hands on the top of the log. Competitors ready! Three, two, one, go!”Timber Tina: “Okay so now you broke the decompression.”It took me another try to get it right.Timber Tina: “Now in ax throwing we throw at 20 feet and we throw at this target over here.”Timber Tina: “Basically you are going to have the ax in your hand and you bring it back once and then throw it.”Here goes nothing. Literally.Chelsey: (grunt) “It was close.” “It’s not horseshoes!”Another try gets me to the target at least.Timber Tina: “You got some pipes on you girl. But when you double stick it’s a DQ.”Chelsey: (grunt) “I did it again.” Timber Tina: “I can’t believe you are hitting it though. That’s awesome!”Timber Tina: “Well, you’re tilling the soil for next year.”Some advice?Timber Tina: “Become one with the ax.”I must have been listening.Chelsey: “Oh my word!” (applause) Timber Tina: “Oh my gosh.”On that note I moved on to chopping. While Tina marks the log and cuts my food holds, I get safety gear on.Timber Tina: “Three, two, one, go.”This was going to take me a lot longer than the lumberjills. Timber Tina: “Don’t hire her to build you a log cabin.”30 minutes later.Timber Tina: “I’m going to go get a coffee.”And some help from Timber Tina.Chelsey: “It’s wobbling. Hit it hard. Hit it harder. HIT IT!” (grunts) “Am I going to fall on my ax?”Not quite.Chelsey: “Look at that! Wounds.” Timber Tina: “Oh my gosh, she’s got a blister.”My final job. Logrolling. Tina showed me how it was done before I got started.Timber Tina: “Pitter patter. I’m going to let go now. You’re all on your own. Oh my gosh! Look at how good you are! Patter, patter, patter.” Chelsey: “AH!”Timber Tina: “You can get on the log here if you want.”Me a trusting soul.Chelsey: “AH! Brr! Cold. Oh! Is my makeup okay?”Timber Tina: “I’m going to have to put log rolling as your best so far.”Chelsey: “So the real question is, would I be hired at your show?” Timber Tina: “You would be hired, because you’ve given a brilliant effort. No you’re great! Congratulations!” Chelsey: “Thank you.” Timber Tina: “You’re hired.”——————We’re not sure if it was a sign from God, but on the way back to the station a car pulled in front of our WABI vehicle with the license plate “U R FYRD”So Chelsey’s staying with TV for now.Chelsey would like to thank Timber Tina for the experience. She has a greater respect for every woodsman and gal out there.If you have an idea for our next Take This Job and Love It, e-mail us: email@example.com
Keeping Your Cool: Understanding Heat Related IllnessBy- Dr. Amy MoviusTourists flock to Maine for the glorious summers: natives wait all year to enjoy it. However, when the temperature cranks up as in recent weeks, we all need to be careful not to get â€œtoo much of a good thingâ€.Heat related illness, often called â€œsunstrokeâ€, occurs when the body has increased heat production and decreased heat transfer to the environment. Heat related illness can be fatal in its most severe form, heatstroke. The body usually cools itself by sweating, but in very hot temperatures it may not be enough â€“ especially when it is also humid (Maine!). Risk factors for getting ill from the heat include being in the heat too long, exercising, being old or young, being sick to begin with, and being overweight. Because the consequences are so dangerous, it is important to recognize when you, or someone else, is developing heat related illness.Heat Cramps. Muscle pain/spasms can be one of the first signs of heat related illness. Stomach, arm, and leg cramps are most common and often happen during strenuous activity. They are most frequently seen in children. If someone develops heat cramps, follow the steps below: 1. Bring person to a cool place. 2. Give him/her water or sports beverage to drink. 3. Massage affected area gently. 4. Insist he/she wait SEVERAL HOURS after cramping is gone before doing any physical activity. 5. If cramps last more than 1 hr, seek medical attention.Heat Exhaustion occurs when the body has lost excessive water and salts from sweating. In addition to muscle cramps, victims will have profuse perspiration, cold and pale and clammy skin, fatigue and weakness, headache, dizziness, fainting, nausea/vomiting, rapid & shallow breathing, and a fast &weak pulse. If someone develops signs of heat exhaustion, follow the steps below: 1. Follow the same steps as heat cramps listed above. 2. Take victimâ€™s temperature (preferably rectal). If greater than 103.1 treat as for heatstroke (section below). 3. Give patient a cool bath (tub or sponge) or shower. 4. If symptoms worsen or last more than 1 hr, seek medical attention. An immediate trip to the emergency room may be needed.HeatStroke occurs when the body temperature rises so high that cells are damaged. It is estimated that 12% of adults with heatstroke die. Body temperature can rise to 105o F or more in only 10 to 15 minutes. Victims of heatstroke cannot sweat well. Symptoms include temp 103.1oF or more, red & hot & dry skin, fast & strong pulse, nausea, dizziness, headache, confusion, loss of consciousness. If someone develops signs of heatstroke, follow the steps below: 1. Immediately call for Emergency Services and begin cooling the victim as described below. 2. Move to a cooler place. 3. Remove clothing . 4. Put cool water on the skin. This can be done by immersing in tub/shower, doing a cool sponge bath, even spraying with a garden hose. 5. Direct fan or air conditioner at victim if available. 6. Take temperature every 5 minutes, continue actively cooling until it is less than 102oF. 7. Donâ€™t give the affected person anything to drink or put anything in their mouth. If they vomit or have a seizure, simply turn their head to the side.As always, prevention is the best strategy. On hot days, drink plenty of fluids, replenish salt and minerals with sports drinks or other intake, and limit time and exertion in the sun – especially during the hottest midday hours.References:1. HeathlyChildren.org â€“ Heat Related Illnesses2. Jardine. Heat Illness and Heat Stroke, Pediatrics in Review. 2007:28:249-258. doi:10.1542/pir.28-7-249
Steamed Andouille MusselsExecutive Chef Louis Kiefer, Bar Harbor Inn1 ounce sliced green pepper (can use yellow and red as well)Chopped garlic to tasteOlive oil to saute2 ounces andouille sausage (sliced on a bias) 1/2 sausage per serving4 ounces mussels, cooked halfway1/2 cup white wine1/2 cup diced tomatoesChopped scallionsSaute andouille sausage with peppers and garlic until sausage is cookedAdd mussels, and wine.Garnish with scallions and chopped parsley.Serve with 3 garlic costini.
Bourbon and Brown Sugar BBQ SauceExecutive Chef Louis Kiefer, Bar Harbor Inn1 cup fine diced onion8 cups of your favorite hickory smoked BBQ sauce2 tablespoons liquid smoke1 cup dark brown sugar2 tablespoons Dijon mustard2 cups Bourbonoil to saute onionsSaute onions in oil until translucent. Add brown sugar and heat slightly, do not burn. Add remaining ingredients and simmer on low for 5 minutes.
Every day I am approached by people who ‘wished they understood’ all kinds of money subjects. These folks feel lost, ignorant, angry at themselves, and foolish all because of their own perceived lack of knowledge about money. Negative slef-talk just leaves you stuck and does not advance your knowledge. So, take a pledge with me! I promise to learn more about money this summer!Here are some resources to help you honor your promise: (for the screen)Kids resources- The Brewer Marden’s has a large supply of oversized coloring books entitled, “Children’s Economics.’ When I saw them the week of June 21st, they were $1.99 and they cover jobs, interest, borrowing, budgets, not in any detail. But it’s a great start, and very accessible. I bought these coloring books for way more money and had them in my office for various things and I love them. Internet resources- FDIC, Federal reserve and regional banks – like the Federal reserve bank of Philadelphia, these sites and others have history of coins and lessons about trade and consumer info about money so that you can follow your interests. It’s fun and free.Library- Besides my clever book, Real Deal: making Big Changes with Small Change, ask your librarian for magazines and about finance and money and have them help you with an interlibrary search for subjects that interest you. Don’t read the tomes that are not of interest or give you a headache, but take small steps towards a better understanding of all things money.Remember, you took a pledge! FDIChttp://www.fdic.gov/consumers/consumer/moneysmart/young.htmlPhiledelphia Fedhttp://www.philadelphiafed.org/education/money-in-motion/treasure-trove/ Marion R. Syversen, MBA – PresidentNorumbegaFinancial207.862.2952Marion@NorumbegaFinancial.com
Ever notice how tight your child can be with their own money and how quickly they spend yours? When you haven’t worked hard for the money you are given even grown-ups can behave this way.It’s not just lemonade stands and yard sale toys! Here are some ideas from Education.com on how your child can earn money. Movie night- Host a Summer Movie Festival for families. Set up video viewing outdoors on a sheet or inside in the largest space you have. Charge a fee for snacks and drinks and let your children ‘clean up.’Vacation helper- Plenty of folks will be away for a week or two this summer. Maybe your industrious youngster could water their potted plants, mow the lawn or pick up mail.Computer whiz- Most kids know a lot more about all things tech than their parents. Develop a fee schedule for by-the-hour work or per particular job. This will definitely be win-win!At-home help- When the kids are home having a few extra hands can be a real blessing to parents. Hire your kids for around the house help for you, or rent those adorable kids out for help with friends whose children are younger and could use a playmate.Citation:Education.comhttp://www.education.com/magazine/article/Summer_Entrepreneurs_Money/Marion R. Syversen, MBA – PresidentNorumbegaFinancial207.862.2952Marion@NorumbegaFinancial.com
The movement of the stock market is affected by large and small events Recently the stockmarket has had some considerable drops and volatility. What causes these changes?1.) International events: debt, political – The first concerns are always the larger issues of international events. Recently the debt of Greece and other nations has caused serious worries about how nations will repay. National debt concerns exist in Spain, England and worries may also spread to encompass the U.S.’s growing debt load. Political risk isalso an investment concern and the recent actions of countries such as Iran, North Korea and the Mideast may have repercussions for our investments.2.) Domestic events: jobs, elections – The second group of factors are the domestic ones. Presently the unemployment numbers, which on June 4th stated much lower than expected private sector hires, have traders trading on that day’s news. What’s your best move? What’s your time horizon? These same general issues are what makes markets move If they only went up there would be no risk You have to determine what’s best for you and your situation. Speak to an advisor. Remain true to your plan.Marion R. Syversen, MBA – PresidentNorumbegaFinancial207.862.2952Marion@NorumbegaFinancial.com
They are the school employees who fly under the radar. That’s how one guidance counselor from Old Town High School describes his role.But as Sharon Pelletier discovered in this Take this Job and Love it, they also have an impact on everyone at the school.”What you can expect is that it’s always new and always different.”Colleen Fitzgerald should know, she’s been a guidance counselor for 19 years. She had me jump right in, and speak to some Juniors about their futures.”So have you thought of any potential careers or anything?”These two guys seem to have things figured out. Dan Gastia is planning to pursue a career in Law Enforcement, while Cody St. Louis is thinking about computer engineering.Then it was time for them to provide me with a little guidance.”So what else would a guidance counselor ask you? Ask us about our grades, next year.”They informed me that grades are very good, and their senior year schedule is set. Not much for me to offer these students, but then a problem came up when I discovered Cody is a Yankees fan.”This area I know quite a few actually. This school’s pretty much Red Sox fans. No the Clark Family is all Yankees fans, Reed family is all Yankee fans. OK, I’ve got to mediate here.”Actually I don’t think even the most experienced counselor could resolve this dispute. But Cody and Dan agreed to disagree and were on their way.Next I met with two Seniors, just days away from graduation.”So what are your plans for next year? I hope to go to the University of Maine.”Daniella is also an exchange student from Germany who talked with me about the challenges in getting adjusted to life in Maine, but she also says there are many of similarities.”Like the way teenagers are whenever you are in the world. We are all the same.”Actually a lot of what Guidance Counselors do happens behind closed doors, and is kept confidential. Some of it is difficult.Colleen Fitzgerald says, “For me the most difficult part of the job is when we lose a student. If we have a student die, a student who is very sick, a student who is being hurt, those are the most difficult times.”Fellow Counselor Nate Gardner adds, “Sometimes they tell you things in here that are serious but not serious enough that you have to refer it out. But you know it’s having a big impact and you can’t tell everyone exactly who so and so may be struggling.”But counselors are there to listen and hopefully make a difference. Then there are the successes as witnessed in a meeting of the Civil Rights Team.These young role models tackle issues that every school faces, like bullying.”We help the victim and we just help them out and set the bully straight. “We just basically try to create a safe home for people in the school.”And oh yeah, counselors do get to have some fun too. The teens taught me a game they like to play.Then it was time for my performance review. Colleen says, for the first day on the job, I did pretty well.”Don’t you think you’d be a natural at it though. I think I’d love it.”
By- Dr. David PrescottBinge Drinking and Alcoholism: Most of us are well aware of the risks associated with excessive alcohol use. Over 14 million people abuse alcohol at any given point in time. More than 20,000 people die each year directly from alcohol related health problems, while many more are killed or injured in accidents where alcohol use is a contributing factor.It can be tempting to think of people with alcohol problems as primarily people who drink every day, develop dependence on alcohol, and begin to organize their lives around drinking. However, recent research suggests that binge drinking may be as much of a problem as chronic alcoholism. What is Binge Drinking? Binge drinking is defined as heavy drinking within a limited period of time: 5 or more drinks for males, 4 or more drinks for females. Obviously, drinking this much puts a person over the legal limit of blood alcohol content for intoxication. It well known that alcohol intoxication puts people at high risk for motor vehicle and other accidents that lead to death and serious injury. But, the risks of binge drinking are not limited to accidents. Short Term Problems with Binge Drinking: Short term problems with binge drinking include: â€¢ Risk of alcohol poisoning: For some people, binge drinking leads to alcohol poisoning and may cause death. â€¢ Impaired Ability to Drive: Recent research suggests that the majority of motor vehicle accidents that involve alcohol are caused by people who binge drink, rather than people who are alcohol dependent (â€œchronic alcoholicsâ€).â€¢ Impaired ability to make good judgments: Not only does binge drinking impair your ability to drive, or do any complex activity, but your own judgment of how well you can perform is impaired when you binge drink. â€¢ Pressure to Binge Drink related to Events or Milestones: More and more research suggests that major events, like 21st birthdays, are increasingly associated with expectations that binge drinking will occur. Long Term Problems with Binge Drinking: â€¢ Binge Drinking Beginning at Younger Ages: One of the most startling statistics about binge drinking concerns the early ages at which binge drinking first occurs. One in ten sixth graders report at least one episode of binge drinking. One in three high school seniors have consumed 4 or more drinks at one time in the past month. These statistics highlight that problem drinking begins well before the legal age to purchase alcohol. â€¢ Increased Risk for Problems In Adulthood: Research suggests that people who binge drink as teenagers are 60% more likely to develop alcohol dependence, 70% more likely to drink heavily as adults, and are twice as likely to have a criminal record. Getting Help for Alcohol Problems: People for whom alcohol has become a significant problem often downplay the role of alcohol in their life. Denial is often viewed as a defining characteristic of alcohol addiction. So, if you try to point out to someone that they have an alcohol problem it is likely that they will disagree with you. Nevertheless, overcoming an alcohol addiction is usually very difficult to manage without help. Some simple tips for getting help include: â€¢ Keep in mind the risks associated with binge drinking and alcohol dependence. These include accidents which occur after drinking, short and long term health problems, and difficulties at school or work. â€¢ Talk with a mental health professional. A psychologist, social worker, or licensed professional counselor can help look at whether or not alcohol use is a problem in your life, and can help you understand better the factors that contribute to alcohol abuse. â€¢ Talk with a doctor or primary care physician. For some people, talking to your family doctor is more comfortable than seeking help from a counselor. Most primary care doctors have basic training in evaluating alcohol related problems, and can help you decide if you need further help. â€¢ Alcohol Addiction may be masking other problems. People who abuse alcohol may be trying to cope with an underlying psychiatric problem like depression or an anxiety disorder. Or, getting drunk may be a short term way to cope with family problems or a troubled relationship. Usually however, using alcohol makes it more difficult to sort out the original problem. Talking with a mental health professional can help you find some other ways to cope. Want More Information? American Psychological Association Help Center: www.apahelpcenter.orgSubstance Abuse and Mental Health Services Administration â€“ Center for Substance Abuse Treatment: www.csat.samhsa.gov/faqs.aspx
By- Marion SyversonYou need credit to buy a house, car or boat. You even need good credit to get many jobs and for life insurance. What should you do if your credit score is low? Here are some tips.Repair incorrect statements- Â The FTC web site includes a sample letter that can be used to correct mistakes on you credit report and the site explains the law about inaccurate statements and your rights under the law.Accurate negative statements- The FTC explains what you can do about ACCURATE negative info in this way: â€œWhen negative information in your report is accurate, only the passage of time can assure its removal.â€ They go on to explain how long it will take for certain types of information to be removed. DIY check-ups- Checking your credit reports regularly is one part of keeping you in charge of your finances. Since this number impacts so many aspects of your life, itâ€™s important to Â check all three agencies. You are entitled to one free report per year and you could alternate them so that you get one agencyâ€™s report in January, anotherâ€™s in May and another in October. That way you may more readily spot any changes. The FTC has links to helpful pages such as one called, â€œKnee Deep in Debtâ€ and â€œBuilding a Better Credit Report.â€ They also have the phone and link for receiving copies of your free credit report from all three reporting agencies at their site. Citations:The Federal Trade Commissionwww.ftc.gov/bcp/edu/pubs/consumer/credit/cre13.shtmDisclosure:Only securities and advisory services offered through Wall Street Financial Group, Inc. Registered Investment Advisor. Member FINRA/SIPC. Norumbega Financial and Wall Street Financial Group, Inc., and all other companies listed herein are separate entities, independently owned and operated.
CHRONIC PAIN MAY NEED A NOVEL THERAPEUTIC APPROACHBy- Dr. Joan Marie PellegriniMany of us probably know someone with chronic pain. If you do, then you may also be familiar with the difficulty in adequately treating pain in these individuals. Acute pain is the immediate pain that we feel as a warning sign to tell us to stop doing something or to tell us that something is wrong. Chronic pain is pain that continues even when the injury has healed and may be referred to as â€œpathologic painâ€. Often this chronic pain is really a neuropathic pain. Neuropathic means that the nerve is disordered and may be sending pain signals when it should not be. One standard approach to pain is to treat with â€œpain killersâ€. These drugs are known medically as narcotics. Narcotics work on the neuron to dim the pain signal.Scientists have known for a very long time that nerve cells are surrounded by other cells called â€œgliaâ€. The glia are support cells that regulate nerve activity. They maintain the chemical environment surrounding neurons by delivering energy, sopping up the neurotransmitters and releasing healing factors. New research is showing that it may the glial cell that is more important in the cause of chronic pain. This is important because narcotics do not treat disorders of the glia. In fact, glia may be responsible for the narcotics losing their effectiveness over time (a phenomenon known as tolerance). The drugs that have an effect on glia are very different. For instance, one drug is a type of antibiotic (minocycline). Marijuana is not a narcotic and acts on receptors in the glia to dim the pain response. This is part of the reason why marijuana is being used to treat some cancer patients with chronic pain. Research is focusing on several new drugs that are very early in the development phase.This new research will have a very important impact. For one, it will be important not to prescribe narcotics for a neuropathic pain if they are not going to be effective. Narcotics can have serious side effects. Also, there will be many patients who have lived with pain who are in dire need of new and better treatments.
A survey was released recently by the insurance and financial company now called The Hartford. The survey measured those who planned for retirement – call PLANNERS in the survey- and non-planners. As you might expect non- planners aren’t very close in saving for retirement, only 10% of non-planners are confident that they will have enough income. I don’t play sports because I’m not very coordinated, but I have heard that the best way to hit a target Is to look where you intend for the ball – or arrow or whatever- to go. You have to aim for something, you need to PLAN. Many Americans have experienced changes in their retirement savings after the recent recession. Here are some survey results:Are you on track in your savings? Planners 60% Non- planners 39%Do you save more now? Planners 33% Non-planners 22% If we could ‘turn back time’ 26% of all would have saved MORE and 43% of all respondents would have started saving SOONER.65% of all respondents said that their biggest concern in retirement is paying for basic expenses such as food shelter and clothing. Do better today than yesterday, but get a move on!Citation:http://www.hartfordinvestor.com/general_pdf/crossroads_advertorial.pdfMarion R. Syversen, MBA – PresidentNorumbegaFinancial207.862.2952Marion@NorumbegaFinancial.com
Ingredients:Brownie mix (use cake mix directions) package for 13×9 recipe 2 small boxes white chocolate instant pudding large Cool whip 1 bag Heath candy bars (crushed)2 cups milkDirections:Cook brownies and let cool. Whip 2 cups milk into dry pudding mixes, fold cool whip into mixture. Divide brownies into 3 equal portions Use a trifle bowl. Break brownies into bite size pieces,layer in bowl. Spoon pudding layer to cover brownies, layer crushed candy bars. Repeat 2 more times. This is a nice presentation in trifle bowl.Â Recipe Submitted by: Lindy WarrenÂ
Identity theft can involve financial, medical or personal information where another person identifies themselves as you without your permission. Prevention is doing one thing, but it a series of things, or as one expert said it is a strategy.Shredding- Most people know that shredding documents with account or personal information on it is a major component of prevention. Shred all paperwork, checks, statements, old credit cards and medical information before throwing it away.Trash- In many cities, digging though trash has become, according to my research, big business in finding information to steal identities. Credit crad statements, medical information, bank and loan statements, any personal information may be used to steal your identity. Be really careful with trash collection.Be suspicious- I trust folks and am not suspicious by nature. I need you to be vigilant when asked by phone or in an email about personal information. Many banks do a great job teaching customers to be careful when giving out credit card, bank account or any personal information. Be alert for surveys, telephone calls or any person who asks for any of your account information. Do not lend your credit card to anyone. Watch when clerks take your card.One article suggested that a bit of paranoia when dealing with your credit and other personal information would be a great trait to acquire! Citations:http://moneycentral.msn.com/content/banking/financialprivacy/p33715.asphttp://ezinearticles.com/?The-Search-For-the-Best-Way-to-Prevent-Identity-Theft&id=1953594Marion R. Syversen, MBA – PresidentNorumbegaFinancial207.862.2952Marion@NorumbegaFinancial.com
Lawns are getting nice and green right now, but what happens if yours is just a pile of dirt.That’s when you might want to consider hydroseeding.In this edition of Take this Job and Love It, Sharon Pelletier decided to see what it takes to get the grass to grow, by following the folks at Adams Hydroseeding.
Calcium & Vitamin DCalcium is critical to health through all stages of life. And Vitamin D is critical to maintaining calcium balance.And yet we do not get enough of eitherâ€¦!Calcium Calcium is critical to bone health. Most of us know that. But what other questions might you have?Q: Do our dietary behaviors in adolescence affect such things as osteoporosis in middle and old age? A: Yes. Those behaviors are critical. Adequate calcium intake in adolescence directly influence bone health in later life. Taking calcium through life prevents bone loss in later life. Q: Is calcium important for anything other than “bone health”?Y: Calcium is critical to heart function, nerve transmission, blood clotting, and the function of virtually every cell in the body. Adequate calcium intake may also prevent high blood pressure, prevent colon cancer, and help people diet successfully. This last fact is being increasingly studied in light of our increasing realization that avoiding obesity is critical to overall health.Q: How much calcium do I need?Y: At least 1000 mg/day after age 8. During the critical periods of adolescence and after 50 years old, 1200-1300 mg/day is recommended.Q: Do I need to take pills?A: Not necessarily. Dairy products are an excellent source of calcium – – 8 oz of milk/yogurt or 1.5 oz of cheddar cheese each contain about 300mg of calcium. Other calcium-rich foods include green leafy vegetables, broccoli, fish, almonds, oats, and fortified foods such as orange juice or tofu. If diet doesn’t provide adequate calcium, supplementation is simple. Calcium carbonate is the best: one “extra strength” antacid tablet (Tums or generic) contains 750mg. Or take a multi-vitamin. In both cases, be sure to check the label. % Daily Value is based on 1000 mg/day.Vitamin D We get vitamin D from two sources:(1) through diet or (2) through synthesis in the skin in response to sunlight.Sun exposure is limited by a number of things including skin pigmentation, latitude, sunscreen use, and air pollution. All this make sun exposure an unreliable source of vitamin D. Diet, therefore, is critical. Older children and adults tend to get enough through supplements, but should be aware of the recommended daily intake for all ages: 400 IU/day.Infants are not so lucky. Q: Why is sunlight a particularly poor way for infants to get vitamin D?A: The American Academy of Pediatrics and all other medical societies is clear on the need to avoid sun exposure in infants and children. Sunscreen is uniformly recommended and therefore precludes sun exposure as a means of getting vitamin D.Q: Is there a particular challenge associated with dietary vitamin D in infancy?A: Yes. Â· Breast milk does not contain vitamin D meaningful amountsÂ· Formula is fortified, but intake must be 34 oz/day to meet requirements, an amount rarely reached in infancyÂ· Baby foods do not provide the needed vitamin D.Q: Are infants and children at particular risk?A: Vitamin D deficiency in infancy and childhood affects bone development. In the most severe cases, it can cause softening and weakening of the bones, impair growth, cause developmental delays, and even result in lethargy or seizures.Q: Is there a solution?A: Yes. Infants need supplementation with vitamin D. This needs to be part of a daily routine and not seen as a “medicine”. Despite recommendations to receive 400 IU/day, physicians continue to not provide this for infants. A recent study (April 2010) showed that in breast fed or combined breast-milk/formula fed infants, less than 15% were receiving the recommended dietary vitamin D. And complete formula fed infants were not much better at less than 35%. Supplementation is not happening!Q: Why don’t physicians supplement infants?A: Studies show that many physicians think vitamin D deficiency only happens to dark skinned infants or that breast milk contains adequate vitamin D or that infant receive enough sunlight. All these suppositions are wrong!Parents: you must ask your infant’s physician about vitamin D supplementation. Adequate vitamin D is essential to healthy bone development and to normal childhood development!For more information about calcium and vitamin D supplementation, consult the American Academy of Pediatrics website: www.aap.org
Do you keep track of how and why your money is spent? Many people who have money troubles do not really have a clear picture of how money is spent. Here are some questions to ask yourself: 1.) What interest rate are you paying on debt? What interest rate are you paying on school loans, credit cards, car loans or the mortgage? You need to know these numbers to be connected to your money.2.) How much do you spend on snacks, etc.? I met with a man this week who said ‘it’s amazing how much money get spent on things like coffee and your morning bagel at Starbucks.’ Exactly! How much are you spending per week for snacks, lunch and coffee per week?3.) What’s the first thing you do w/ paycheck? Do you spend as the first action or is money automatically coming out for retirement, emergency savings accounts and maybe a another account for bills? It’s those automatic actions that make savings grow.4.) How do you make purchases?- Do you save for vacations, household appliances and other larger purchases? Do you spend more than you have because a local store is going out of business or having a great sale?5.) How do you feel when you think about $ ? How do you feel when you think about YOUR finances? Do you feel in control? Do you feel hopeless or desperate?Be strong, be a grow-up, understand your money!Marion R. Syversen, MBA – PresidentNorumbegaFinancial207.862.2952Marion@NorumbegaFinancial.com
National Drinking Water Safety WeekBy- Dr. Joan PellegriniEvery year the Federal Government, along with organizations such as the Centers for Disease Control (CDC) and the American Water Works Association, kicks off a week-long awareness campaign about our drinking water supply. This week many of us are aware of the issues because of the recent oil spill in the Gulf of Mexico and the water main break in Boston. The motto for this week is â€œOnly tap water deliversâ€. This motto is intended to highlight the importance of public water supply and safety and the need to reinvest in our water supply infra-structure. Americans have the luxury of a very safe and abundant water supply. However, this does not come without hard work and expense. Some of our infra-structure is aging and will require expensive upgrades and repairs. Very few Americans ever have to worry about turning on their faucet and getting contaminated water or not getting any water at all. That is because our local water companies work diligently to provide a clean and safe water supply. As a consumer, though, we need to do our part to protect our water supply and to support funding initiatives to keep our systems in good repair. We can protect our water supply by respecting our reservoirs and aquifers. This means not polluting around them and obeying the laws about land use around the reservoirs. It also means limiting some activities such as fertilizing, spraying pesticides, dumping near reservoirs, and using gasoline or other types of engines on our reservoirs.Tap water is very safe and often safer than well water. It may even be safer than some bottled water. It has the added benefit in most communities of providing a source of fluoride. Bottled water is generally not recommended because of the impact on the environment from the wasted bottles. It also is far more expensive than tap water. There is no data that bottled water is safer or better for you than tap water in the US or Canada. There also is only minimal data that fluoridated water poses any risks. Certainly, we have seen a decrease in dental decay because of fluoride.Up to 20 percent of New Englanders have a well for their water source. The well water is usually tested when the well is first drilled and again if the house is sold. However, it is recommended that the well water be tested more frequently in order to check for contamination. Below, I have an address for Maineâ€™s website on well water information.Below are some websites for further information:This is a PDF put out by the Federal Government to explain many of the issues that affect our drinking water supply. There are also resources listed for obtaining information on water safety.http://www.epa.gov/ogwdw/wot/pdfs/book_waterontap_full.pdfThis is the Center for Disease Controlâ€™s website on drinking water:http://www.cdc.gov/Features/DrinkingWater/Maine also has a website for information on how to get your well water tested and what to do if you think there is a problem with your well:http://www.maine.gov/dhhs/eohp/wells/mewellwater.htm
Portfolio theory, which I studied, claims that a very good approach to investments is regular rebalancing of your investment portfolio. Why rebalance – To rebalance is to make the mix of investments back to the 60/ 40% of stocks and bonds, or whatever mix of investments, you and your advisor thought was a good choice for you. Over time different assets ‘classes’ like stocks in large firms or small companies, municipal bonds or government bonds, perform differently. If bonds perform less well than stocks in a given period of time the mix may bein at 60 stocks and 40$ bonds but may become off kilter for you and may be 70 / 30. This new mix of assets may put your investment at a higher risk.Though there are many proponents of rebalancing not everyone agrees that this theory of a great one. ( I don’t know your goals, objectives or risk tolerance, so please see your advisor for a plan that is best for your needs.) Just say no- But the stock market downturn for the last few years made many doubt the wisdom of the rebalancing theory. Professional publications that I read loudly argued the merits of leaving things alone and the article hyperlink included in this story shows some equations that show that portfolios left alone – that go out of balance- perform better. I want you to know that investment theory is evolving. That professionals disagree. Don’t you feel that you must hold a particular view because things are always changing. Citations:Vanguardhttps://institutional.vanguard.com/iip/pdf/ICRRebalancing.pdfRebalancing can be hazardoushttp://seekingalpha.com/article/63576-rebalancing-can-be-hazardous-to-your-portfolioMarion R. Syversen, MBA – PresidentNorumbegaFinancial207.862.2952Marion@NorumbegaFinancial.com