Bulletins - 2010 - 01/06/2010
This
Week's Bulletin Was Written
By Tanya Reid
Sandra Schrift gave the invocation on service to others enriching our lives. Mary Engles lead us in song – Oh What a Beautiful Morning.
Lots of people celebrated birthdays this week including Ken Tablang, Gary McElroy, Larry Nuffer, Barry Tobias, Paul Marsh, Claire Remillard, Jim Lauth, and Karen Bucey. Melissa Blackburn was fined for her appearance in a San Diego magazine as was Don Lang and Marti Hess. Wendy Mazzarella brought a flag from Kona Rotary Club – working towards perfect attendance. Paul Marsh thanked Hilda Thompson for fixing his tooth over the holiday. Chris Carstens expressed gratitude that his son finally graduated and paid for something on his own. Barry Tobias reactivated his law license and is looking for pro bono opportunities.
Frances DeNuit, Albequrque, NM, Del Sol Rotary Club
Ray and Sue Johnson, Rochester, MN
Kevin Clark, Club 33
Bill Holland, guest speaker
George Chamberlain, guest speaker
Tom Cunnimgham
Margaret Bhola
Audrey Coleman
Allison Hooper
Bill Majowski
Arlene Alvarez, Reality Changers, graduate
Christopher Yanov, Reality Changers
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Group Study Exchange Team from Equador, March 12-18. Opportunity to host GSE Team Members – contact Hilda Thompson.
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International Assembly for District Governors Elect– evening event hosted by our district 17 January at 5:30 pm at KC BBQ – contact Mel Gallegos.
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Community Service – Christopher Yanov of Reality Changers accepted a check from our club for $2500. Arlene Alvarez, a recent graduate and former Reality Changers student spoke of the program and her class’ desire to form an alumni association and to give back to the Reality Changers Program.
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Community Service – Opportunity for hands on service creating hygiene kits, Thursday, 28 January, 5:00 – 7:00 pm - 12 volunteers needed – contact Clarie Remillard.
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Spring Fundraiser – voted on potential date change due to Easter holiday conflict – voted to look at Friday dates. If interested in helping, fundraising meeting Thursday evening at Joe Marshall’s office – contact Joe Marshall.
 The club welcomed David Hughes as a new member. He is excited to have the opportunity to serve and we are excited to get to know him and include him as a friend and fellow Rotarian.
Sandra Schrift introduced our two speakers:
 Bill Holland, President and CEO of The Holland Group Inc., Registered Investment Advisory Firm. A Registered Financial Advisor and Securities Representative with the Securities Center Inc. With over 40 years of successful Wall Street experience, Bill Holland oversees hundreds of millions of dollars of client investments and routinely handles over one million dollars in transactions each week. With 40 years on local radio and television, Bill Holland has been the voice of Wall Street here in San Diego. Bill Holland was previously a Rotarian with the Chula Vista Rotary Club.
George Chamberlin is the Executive Editor for the Daily Transcript, San Diego’s only daily business newspaper. He is also the business editor for KOGO Radio and host of “Money in the Morning,” a personal finance program on every Sunday morning. In addition, he is the Money Advisor for NBC 7/39 and a columnist for the North County Times. He is the publisher and editor of a national newsletter, Investing for Rookies. George Chamberlin has been honored three times by the Small Business Administration as the Media Advocate of the Year.
Bill Holland said there is good news – stock market is up 23%. 2009 was the best year in decade. Recession is over, it ended in the 3rd quarter of 2009, but the problem is that no one believes it is over. It is a mistake to micromanage the business of Wall Street. Most people have recovered approximately 50% of what was lost during the recession. Businesses are doing well and the recession has allowed companies to clean house and cut inventory. Employment is steady and the trend is going up consistently. Two bubbles to watch: gold and China.
George Chamberlin agreed with Bill Holland’s assessment. He believes the turning point was 9 March 2009 for the Dow Jones/Nasdaq/S&P. His advice is to stay in the game, and there is big money to be made. Real estate – land is geographically limited in San Diego by ocean, international border and Camp Pendleton, which means there cannot be much build out, only build up and that will be a hard sell. It is times like these when big wealth will be made. There are Small Business Association loans available for start-ups. Manufacturing and energy are two areas that have most growth potential. The recession allowed companies to get rid of poor performers.
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