August 2011 Client Newsletter by fanzhongqing


									    August 2011
                                Upcoming Events in September!

                                The Economy of Tomorrow Today talk show will air September 1st

                                September’s Newsletter will drop September 15th

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                                        Economic Update

                                        PRIVATE SECTOR ADDS 150,000+ NEW JOBS
 Using demographics to                  America’s jobless rate ticked down to 9.1% in July as private sector payrolls expanded by a better-than-
 help people make smart
                                        anticipated 154,000 positions, 81,000 of which were in the health care, retail and manufacturing
choices with their money.
                                        industries. On the downside, Labor Department data showed that 156,000 people stopped looking for
                                        work last month; 6.2 million people have been out of work for six months or longer.

                                        A SILVER LINING IN JUNE’S CONSUMER SPENDING
In This Month’s Issue…
                                        Basic Commerce Department data shows that personal spending fell 0.2% in June as personal incomes
Economic Update ………… 1                  rose just 0.1%. Factor in inflation, and the story differs. Real disposable income increased 0.3% in June
                                        for the best advance since May 2010, and inflation-adjusted consumer spending was merely flat for the
Top 10 Reasons NOT to                           3,4
Plan for Retirement ……… 2
                                        ISM BAROMETERS INDICATE MODEST GROWTH
The Economy of
                                        The Institute for Supply Management’s latest manufacturing and service sector PMIs didn’t exactly thrill
Tomorrow Today ............ 4
                                        Wall Street. ISM’s manufacturing index declined 4.4% to 50.9 for July, showing a sector that was barely
Recipe ………………….......... 4              growing for the month. Its service sector PMI descended to a 52.7 reading from June’s 53.3 mark.

Health Tip …………………….. 4            WALL STREET BRACES ITSELF
                                   After Thursday’s 513-point plunge, the Dow swung more than 400 points in Friday’s session and settled
                                   with a 61-point gain. While the July jobs report and the European Central Bank’s plan to buy Italian
provided a bit of encouragement for Wall Street, Standard & Poor’s discouraged investors worldwide by downgrading the U.S. long-term
credit rating from AAA to AA+ Friday evening. The major index performance in the first week of August: S&P 500, -7.19% to 1,199.38;
DJIA, -5.75% to 11,444.61; NASDAQ, -8.13% to 2,532.41. As U.S. stocks endured a correction, gold rose $20.50 in five days to $1,648.50
per ounce - its fifth straight weekly gain.

         Sources: Marketing Library - 1 - [8/5/11]          2-
         [8/5/11] 3 - [8/2/11] 4 -
                      time-in-20-months/242965/ [8/2/11] 5 - [8/3/11] 6 - [8/5/11]
                                                                                                      Page 2

                                  Top 10 Reasons NOT to Plan for Retirement
                                         A different kind of top 10 list.

You probably read or hear about some “Top Ten” list nearly every day. But take a moment to read this one.
This list is different and probably not the kind of list you’d expect a financial advisor to write.

Reason #10: “I’m too busy”
I can’t tell you how often I hear this excuse. So many people want to plan for a better retirement, but they
don’t have time. They think they’ll take care of it tomorrow or the day after that… and before they know it,
several years have gone by. The best advice I can give you is to stop procrastinating and start planning today.

Reason #9: “It’s too soon”
I don’t know how this happened, but many people have adopted the notion that you don’t have to start
planning for your retirement until you’re almost there. This is totally incorrect. The truth is, the sooner you
start planning, the better chance you stand of having the kind of retirement you want. It’s never too soon.
Many people start planning in their early twenties!

Reason #8: “It’s too late”
If you’re already near or past your retirement eligibility date, you may think that whatever you’ve got is what
you’re stuck with and it’s too late to do anything about it. Think again. If you’re unsure of what your options
are, speak to a professional. Even if you’ve already retired, it’s important to consider how you’re receiving
income and how long it will last. It’s never too late to revise your income distribution strategy.

Reason #7: “I don’t need to”
I’ve heard this excuse many times and it always baffles me. Many people think that because they’ve been
diligent about contributing to a savings account, they’re all set. While saving for retirement is good, you also
need a plan for income distribution once you enter retirement. Are you certain that what you’re saving will be
enough? Have you considered your distribution plan? What about taxes? What about inflation? And are you
sure your money will be properly invested? There may be other, better options for you and it may prove
worthwhile to look into them.

Reason #6: “I don’t have enough money to get started”
This excuse seems marginal at first glance, but there is some truth behind it. You need to have money to save
or invest money. However, unless your bills are exactly equal to or greater than your next income, you DO
have enough to get started. Starting small is better than not starting at all, and if you plan well, you’ll
eventually have more to work with.

Reason #5: “My finances are a mess”
This is all the more reason to seek out an advisor who can help you sort through and understand your assets.
Perhaps you have a 401(k) from a former employer that has not been rolled over, a couple of savings
accounts, a trust from a deceased relative, some stocks that your parents bought in your name when you
were younger… a circumstance like this can be confusing, but leaving it as is won’t improve…. Continued on
page 3
                                                                                                                                                                                                       Page 3

                                                                                Top 10 Reasons NOT to Plan for Retirement
                                                                                       A different kind of top 10 list.

                   Continued from page 2… the situation. Consider speaking with an advisor who can look at your complete
                   financial picture, help you to understand it, and help you to develop a plan to make your “financial mess”
                   work for you.
                   Reason #4: “The government will take care of me”
                   The bottom line is this… there’s a chance social security may not be available when you retire, and even
                   presuming it is, it may not be enough to provide your ideal retirement income. If you’re planning to retire on
                   social security alone, I would advise you to create a back-up plan at the very least.

                   Reason #3: “Between my savings and my 401(k) I’ll be fine”
                   Saving for retirement without an income distribution plan can be a mistake. How will you use that money
                   once you have it? And while you may think you’ll have everything you’re going to need, have you considered
                   inflation? Taxes? And furthermore, some people are living past 90. Will your assets last that long? If you
                   outlive your income, what then? It’s a good idea to look ahead and plan lifelong income.

                   Reason #2: “I don’t want to think about it”
                   Many people procrastinate simply because the thought of discussing financial matters (or growing old) is
                   unappealing. I can certainly understand that. But consider this… if you bite the bullet now and put a firm plan
                   in motion, you may not have to think about it again for quite some time.

                   Reason #1: “I don’t know how”
                   If you knew everything there was to know about financial planning, you’d probably be a financial advisor
                   yourself. While it is possible to do everything on your own, that generally involves a great deal of research
                   and a huge time commitment. If you’re putting off retirement planning because you don’t know how,
                   consider speaking to a professional who does.

                   These are just some of the reasons why people don’t plan for retirement… but these are reasons and not
                   excuses. If you have retirement goals you want to reach, I would recommend you speak to a qualified
                   financial advisor and set up an action plan. The sooner the better.

Representative registered with and offers only securities and advisory services through PlanMember Securities Corporation, a registered broker / dealer, investment advisor and member FINRA / SIPC. 6187 Carpinteria Ave, Carpinteria, CA
 93013 (800) 874-6910. Moffat Financial Group Ltd and PlanMember Securities Corporation are independently owned and operated. PlanMember is not responsible or liable for ancillary products or services offered by Moffat Financial
                                                                                                  Group. California Insurance #060329

 The opinions expressed in this newsletter are for general information purposes only and are not intended to provide specific investment advice or recommendations for any individual. It is suggested that you consult with your tax, legal
   and/or financial services professional regarding your individual situation. The views expressed may not necessarily reflect those held by PlanMember Securities Corporation (PSEC). Material presented is believed to be from a reliable
                                                                                  sources and PSEC makes no representation as to it accuracy or completeness.
                                                                                                                                               Page 4

             Recipe of the Month                          The Economy of Tomorrow Today

              Thai Peanut Noodles                         If you haven’t already done so, be sure to check out our new talk show! New shows air the first
                                                          Thursday of every month at 12 noon. You can listen live online
          This month's recipe comes from                  by visiting
                  Our Best Bites                          or you can listen live from your telephone by dialing

                                                          Previous episodes are available as complimentary podcasts in
                                                          the iTunes store. Simply do a search for “Moffat Financial
                                                          Group” and listen to our shows on the go!

                                                          Previous shows are also up on website! Visit
 This is a modified recipe from Allrecipes. Don't be and click on “Listen to
  scared of peanut butter in the sauce-although it        Previous Shows” to listen now.
  sounds gross, it's a pretty solid staple in peanut-
 sauce-y dishes because of its smooth texture and         Our next show will air September 1st at 12 noon! Be sure to mark your calendar so you don’t miss out!
    intense peanut flavor. Even better, it's fresh,
  quick, easy, relatively healthy, and addictive-for
     us, this is Asian takeout, minus the takeout!


- 1/2 c. chicken broth
                                                          Health Tip – Ditch the Stress!
- 3 Tbsp. creamy peanut butter
- 1-2 tsp. Sriracha chili sauce (1 is mild with a bite,    These tips are not for everybody and should not be taken as specific recommendations.
  1.5 is medium, 2 is hot)                                 Before you take any action regarding yours or anyone's health, we strongly suggest you
- 1 1/2 Tbsp. honey                                                                     consult a qualified physician!
- 3 Tbsp. soy sauce
- 1 1/2 Tbsp. fresh minced ginger
- 2-3 cloves garlic, pressed or minced                               Advice for August? Stress less! Here's some handy advice from Dr. Oz on how to deal
- 8 oz. Udon or linguine noodles                          with that unavoidable daily drive.
- Chopped green onions
- Chopped cilantro                                                    Traffic. Stress. Anyone who's ever sat hopelessly behind the wheel with zero chance of
- 2 limes, cut into quarters                              a detour knows the negative effects gridlock can take on your body. Not only does your mood go
- Chopped peanuts                                         down the tubes, but those muscles in your neck and back begin to knot up as you grind your
                                                          teeth down to a fine powder. While traffic is unavoidable at times, blowing a fuse is. Take the
Directions                                                stress out of your commute with these tips.

 Cook noodles in salted water. In the meantime,
                                                                                           Tips for a Stress-Free Commute
combine chicken broth, peanut butter, chili sauce,
  honey, soy sauce, ginger, and garlic in a small
  saucepan over medium-low heat. Whisk until                   1.    Listen to classical music on your commute - research shows that just 30 minutes of
   smooth and remove from heat. Toss cooked                          music gives the same powerful calming effect as 10mg of Valium.
  noodles with sauce and divide among 4 bowls.
  Sprinkle with green onions, cilantro, chopped                2.    When you're feeling extra stressed, borrow a tip from the ancient art of acupuncture
  peanuts, and garnish each serving with 2 lime                      and give yourself a pressure point massage. Apply pressure to your earlobes using
 quarters. Before eating, squeeze lime juice over                    your thumb and index finger and move slowly up and down the ear for 1-2 minutes.
           noodles and stir to combine.
                                                               3.    Tomorrow morning, try 7 minutes of yoga or relaxation exercise - it will loosen up your
 *If desired, you can add meat to this dish by stir-                 muscles and get your blood flowing so you start your commute off on the right,
     frying shrimp or very thinly-sliced chicken                     relaxed foot.
   (partially freeze it first) in some olive oil with a
  couple cloves of garlic, some fresh ginger, some             4.    Add an orange, kiwi or grapefruit to your breakfast routine - these vitamin C rich fruits
 green onions, soy sauce, and a small squirt or two                  will help your body regulate cortisol, the stress hormone.
                 of Sriracha chili sauce.

                                                                               For more health tips and tricks, visit
             For more recipes, check out


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