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Economic & Market Update
Terry Baily, LPL Investment Services
Terry Baily is a financial advisor for LPL Investment Services. He graduated from Michigan State University with a degree in finance and has great experience advising clients on securing their future financially.  In his talk, Terry made two main points.
  • First, investors need to be focused on the long term. The market is volatile with many ups and downs. Individual investors tend to panic when the market turns down.
  • Second, he wanted everyone to understand inflation and why it is not typically something to worry about for investors.
As the slide below shows, the issues are complex, but can be managed by following Terry's two main points and listening to sound advice.
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District Training Assembly: President Dwight announced that District 5170 would sponsor a training assembly at Blackhawk on April 22-24.
 
Rotary Foundation: President Dwight again encouraged all members to make a contribution, no matter how small, to the Rotary Foundation. TRF began at the Rotary Club of Kansas City with a $26.50 left over from the 1917 convention. In 1930, they made the first grant of $500 to Easter Seals. Since then, they have distributed $3 billion, and they only have an administrative overhead of 6%.
 
Rodeo Parade/Chili Cook-off Planning Meetings: Lytrel Carter announced that the first combination Rodeo Parade/Chili Cook-off committee meetings are scheduled for the first Tuesday of the month at Direct Sales Floors.  Watch for online signup to volunteer for both events.
 
International Women’s Day: President Dwight noted that March 13 is International Women’s Day and shared fliers.
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