The Inflation Investment You’ve Never Heard Of ~By Cory Burnell, MBA, CFA
Posted by: thepinetree on 03/06/2013 04:18 PM
Valley Springs, CA...Many investors are concerned about the risk of increased inflation in light of the Federal Reserve’s unprecedented balance sheet expansion from $900 billion to $3.1 trillion since 2008. This concern is warranted and begs the question how to invest to profit from inflation and protect one’s purchasing power. The most common answers are to invest in commodities such as precious metals, oil, gasoline, agriculture, etc., or Treasury Inflation Protected Securities (TIPS), and while these may be good answers are there any others? I’m glad you asked, because there’s one you’ve probably never considered. Senior secured floating rate loans (a.k.a. “Bank Loans”) have historically offered a relatively high correlation with inflation along with attractive returns. For example, in the 10-year period ended 9/30/2012 the Morningstar Bank Loan category had a 0.37 correlation with inflation while the DJ-UBS Commodity Index only provided a 0.24 correlation. Interestingly, U.S. Treasury Inflation Protected Securities (TIPS), typically purchased by investors to hedge inflation risks, only provided a 0.07 correlation with inflation.*
Independence Hall Quilters to hold a Comfort Quilt Workshop on Monday, March 11
Posted by: John_Hamilton on 03/05/2013 09:46 AM
Arnold, CA...The Independence Hall Quilters of Arnold will hold a Comfort Quilt Workshop on Monday, March 11, from 9:00 a.m. to 3:00 p.m. under the leadership of Chairperson Jill Holstein. Comfort quilts are distributed to Shriner’s and Children’s Hospitals in Sacramento, Child Protective Services, Mark Twain Medical Hospital Emergency Room, the Fire Station and special individuals in need or crisis. In 2012, approximately 150 quilts were distributed to needy persons...
Calaveras County Search & Rescue is Looking for You!!
Posted by: thepinetree on 03/05/2013 11:26 PM
Calaveras, CA...The Calaveras County Search and Rescue (CCSAR) team needs volunteers in the field or as support, to be able to better serve the community. The team presently has about 30 active members consisting of men and women ranging in age from 18 to folks in their 70s. These folks come from all walks of life - but the common denominator is that all have a love of the outdoors and enjoy helping people. Medical aid, navigation, search, and rope and river rescue skills are useful but not required of a new volunteer. CCSAR has an extensive training program for both obtaining and maintaining the predetermined level of competency in all necessary disciplines of SAR...
Two Stores...One Great Cause!! Shop the CHS Thrift Stores Today!
Posted by: John_Hamilton on 03/01/2013 09:09 PM
Angelus Ranus 4H Bakers Say Thank You!!!!!
Posted by: John_Hamilton on 02/27/2013 12:46 AM
Angels Camp, CA...A huge thank you to the following who purchased cakes last night(Monday, February 25, 2013) at the annual Angelus Ranus 4H cake auction:AMA Boosters, Angels Car Wash, Mindi Bach, Catherine Bolton, George & Jody Brunz, Hailey Callahan, Rosalee Callahan, Linda Cross, Shawna Davis, FFA Boosters, Hannah Fraguero-Franz, Matt Fischer, Desiree Fleck, Dominick Gross, Melissa Johnson, Robert Kimura, Max Korbelik, Kowski Family, Gary Loomis, Darrin & Karin Mills, Beverly Navas, Melodie Nobles, Dylan O'Conner, Olivia Parker, Paul Paulden, Kim Rolleri, Kyler Rolleri, Staci Santella, Jolene Segale, Kellie Segale, Brad & Cathy Sutton, Sally Tower. Total sales from the auction was $1,546.00
Open Letter from Forest Service on Candy Rock Quarry
Posted by: John_Hamilton on 02/27/2013 05:15 PM
Hathaway Pines, CA...Dear Concerned Citizen: I have received several comments and questions over the past month regarding enforcement and management issues related to target shooting in the Candy Rock area and the status of our Environmental Impact Statement (EIS) for Candy Rock Quarry. This letter is to answer these questions and clarify some points regarding National Forest management in the Candy Rock area....
