We have changed our meeting days from Wednesdays to Thursdays for the 2015-16 year to see if we can attract a few more members each month. More than a few people had conflicts on Wednesdays. If our first meeting is an indicator, Thursdays might work out well.
We are happy to welcome three new members who joined us at the first meeting. Roger Hulne is newly retired from his position of more than a decade as superintendent of the Prescott School District. Gail and Tom Possley are new to RFArea REA, but they not new to WREA. They have just moved to the area (Roberts) from Wisconsin Rapids and joined our group. We welcome these new members and hope to see even more in upcoming meetings.
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| Tony Pedriana and Jeanette Potts |
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| Doug Johnson and Bernie Brohaugh |
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Gail and Tom Possley on the left, Charles Owen center, Jeanette
Potts and Doug Johnson on the right |
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| Marylin Plansky, Nancy Peters, and Margarita Hendrickson |
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Margarita Hendrickson, Evelyn Klein, and
Cheryl Maplethorpe |
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President Bernie Brohaugh announces events for
this year's meetings
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The highlight of our first meeting was a presentation by one of our members.
Glenn Potts, retired Dean of the UW-River Falls College of Business and Economics and emeritus professor of economics, provided us with lots of good information on investments and retirement. He talked about the stock market, traditional and Roth IRAs, annuities, and other matters important to all of us. He provided some insights on the current erratic actions of Wall Street, on probably effects on the economy when the Fed raises the interest rate, and what we might expect for our savings and CDs in the next few years.
Glenn made it clear that he was not giving us financial advice, but he did have a bit of advice: If we don't need the money that we have in our 403b or IRA, just leave it where it is and don't pay much attention to the daily rises and falls of the stock market. Savings and CD rates are probably not going to change much in the immediate future. Finally, put your money wherever it will let you sleep at night!
The highlight of our first meeting was a presentation by one of our members. Glenn Potts, retired Dean of the UW-River Falls College of Business and Economics and emeritus professor of economics, provided us with lots of good information on investments and retirement. He talked about the stock market, traditional and Roth IRAs, annuities, and other matters important to all of us. He provided some insights on the current erratic actions of Wall Street, on probably effects on the economy when the Fed raises the interest rate, and what we might expect for our savings and CDs in the next few years.
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