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Archive - Jun 2012

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June 30th

Work toward your own financial independence

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Once again, Independence Day is here, bringing fireworks and barbeques. Of course, the Fourth of July is more than hoopla — it’s a time to reflect on the many freedoms we enjoy in this country.
Yet, for many people, one important type of freedom — financial freedom — is still elusive. So you may want to use this holiday as an occasion to think of those steps you can take to eventually declare your own Financial Independence Day.

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Late starting financially — should I just give up?

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Question: My wife and I had children late in life and the last one just left home. We now recognize that we are very late getting started with any kind of savings plan. I don’t see any way I can ever retire from working. Is it just too late for someone like me?
 
Answer: Too late for what?
If you are 55 years old, have saved zero and have a middle class lifestyle, yes, short of a miracle, it is too late for you to become financially independent by age 65.

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What you should know about market corrections

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Editor’s note: This is the first of a two-part article about market cycles. The second part will run July 8.
There is no way around it — markets generally move in cycles!
Although the past is no guarantee of the future, historically, the stock market has spent more time on bullish advances than on bearish retreats — which is why stocks have been considered a good investment over the years — the market also tends to retrench more than the average investor would like to think about. The traditional definition of a bear market is a 20 percent or greater decline in stock prices as measured by the Dow Jones Industrial Average or other relevant index. A full-fledged bear market can persist for many months or, in rare cases, years.

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June 29th

Peach Fest dripping with fun

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Top Left Photo: Best in Show and People’s Choice Winner Todd Foust proudly displays his trophies. Foust entered a 1965 Mustang into the Antique Classic Car Show.
Top Right Photo: Babies participate in the Diaper Derby at Trinity United Methodist Church.
Left Second Row Photo: The Antique Classic Car Show was held on June 23 in BancorpSouth parking lot during the Squire Creek Louisiana Peach Festival.

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Remembering those who have passed recently

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As you know, I get several copies of the Ruston Daily Leader at once, so am slow catching up on the news. However, I do hear by phone from friends, so I often know of the death of my friends before I read it in the paper. But, I always read the obituaries because it brings finality for me that friends have gone.

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VFW honor flags

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VFW Post 3615 and Forest Lawn Memorial Park donated a tombstone near the shallow grave that is used every year to retire U.S. flags. Pictured from left to right are members of the Parnell-Burt VFW Post 3615: Andy Johnson, J.D. Harper and Alberto Ybanez.

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CHURCH NEWS

•••••
Assembly of God
•••••
First Assembly
of God
“Living in the Spirit” class at 9:45 a.m. on Sunday will help you understand the Holy Spirit’s role in your life. Children’s church at 10:45 a.m. will teach your children to know God and the Bible. Nursery up through age 3 is provided on Sundays at 10:45 a.m. and by request on Sunday night and Wednesday at 6 p.m.
Our sixth-12th grade youth ministry is growing. Join us at 6 p.m. Sundays. We also invite you to come pray with us. For more information, call 255-8932 or email fishin4men@bellsouth.net.
•••••
Baptist
•••••

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Light explosion

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Temple to present fireworks display
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High-flying fireworks will light up the sky of Ruston when Temple Baptist Church presents its 15th annual display on Tuesday night.
Approximately $10,000 worth of fireworks — funded by local sponsors — will be shot off in the parking lot. The pyrotechnic displays will be visible by numerous residents who park along the Interstate 20 Service Roads to see the show. Some people can reportedly see the fireworks from miles away.

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Board talks mock crash

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Group meets to discuss drunk driving projects

Having not met since March, the North Central Alliance Partners in Prevention Advisory Board spent much of the meeting this week discussing recent proactive projects to curve drinking and driving.
A mock crash, held March 27 for Choudrant High School, was conducted the week of the school’s prom. The event, a full production from crash to body bag, included various rescue agencies and medical responders.

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Flag grave

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In order to commemorate the burial of ashes of various retired U.S. Flags, Parnell-Burt VFW Post 3615 and Forest Lawn Memorial Park donated a tombstone near a shallow grave that is used to retire U.S. flags.
The tombstone reads: “Here rests ‘Old Glory’ as do our country’s veterans.”
Pictured above: Brendan Owens (left) and Logan Sanderson cement the newly donated headstone near the remains of retired U.S. Flags.

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