Investors Should Consider Selling Volatility As An Asset Class ~ By Cory Burnell, CFA
Posted by: thepinetree on 10/13/2015 01:54 PM
Valley Springs, CA....(Local Financial Adviser Cory Burnell recently contributed to one of Forbes Magazine's 10 Best Lists) The following is his first paragraph and a link over to the Forbes piece..."Traders primarily invest in these exchange-traded products to profit from a decline in the Volatility Index, known as the VIX, and from the roll yield common in the VIX futures markets (called contango). However, there’s an opportunity here for long-term investors too because that roll yield produces significant returns over time. For example, VelocityShares Daily Inverse Short-Term ETN (XIV) launched on November 30, 2010 and since that time it is up a whopping 143% compared to almost 76% for the SPDR S&P 500 ETF (SPY), as of September 29, 2015."
Let The Airola Family Fight For You
Posted by: thepinetree on 10/06/2015 10:22 AM
San Andreas, CA..."The Airola Family has been representing people in the Motherlode since 1916. After 99 years, who has more passion than the Airola Family to fight for victims of the Butte Fire? We're fighting for our family, we're fighting for our friends, and we'll fight for you.”
General Mills Issues Voluntary Recall Of Cheerios & Honey Nut Cheerios Cereal Produced At Its Lodi Plant
Posted by: thepinetree on 10/06/2015 10:48 AM
Lodi, CA...General Mills is voluntarily recalling several days of production of Cheerios and Honey Nut Cheerios cereal produced at its Lodi, California facility on certain dates in July of this year because of an undeclared allergen – wheat – with potential adverse health effects. Because this recall relates to an undeclared allergen, this is a Class I product recall.
Washington, DC...I've spent every day of my presidency fighting to grow our economy and strengthen our middle class. That means making sure our workers have a fair shot to get ahead here at home, and a fair chance to compete around the world. My approach to trade has been guided by a unifying principle: leveling the playing field for American workers and businesses, so we can export more products stamped Made in America all over the world that support higher-paying American jobs here at home.
San Andreas, CA...Beginning Wednesday, September 30, the Calaveras County Environmental Management Agency initiated efforts under the CalRecycle-Calaveras County Butte Fire Debris Removal Project by sending in teams from the Department of Toxic Substances Control (DTSC) to remove household hazardous waste and conduct asbestos assessment and sampling from all residential properties in the areas affected by the Butte Fire. Work will begin in the following areas and progress through the affected areas: The western portion of Jesus Maria Road. The southern portion of Mountain Ranch Road
Sierra Pacific Industries Thanks Contractors for their Help with Butte Fire
Posted by: thepinetree on 09/30/2015 06:40 AM
Anderson, CA -- Sierra Pacific Industries (SPI) today expressed gratitude to local logging and road construction contractors who took tremendous risks to help control the Butte Fire that burned in Calaveras County, CA this month. During the fire, logging and road building contractors, timber fallers, trucking companies, and other related businesses mobilized equipment to various locations which proved to be critical to limiting the spread of fire. “These businesses and individuals made great sacrifices of time and effort, and in most cases took time off from their primary business activity to build fire lines for the protection of communities threatened by the Butte Fire” said SPI District Forest Manager Tim Tate. “We applaud the courageous efforts of local, state, and federal fire fighters, but the contractors also deserve credit for the work they accomplished,” he added.
The Butte Fire Mountain Ranch Community Meeting Video 9/28/15
Posted by: thepinetree on 09/29/2015 12:01 AM
Mountain Ranch, CA...We attended the Butte Fire Mountain Ranch Community Meeting at ground zero of much of the destruction of the Butte Fire. It is also where you see a great outpouring of community spirit helping those who have lost so much to start working their way back to normalcy. Our video picks up just after Cal-Fire had given their update and where community members talk of their efforts and needs. Similar subject matter as the San Andreas meeting but now details are being fleshed out and next week actual work starts on debris and hazardous materials removal starts. We saw several local contractors there speaking with CalRecyle reps and getting things lined up so they can help with the big clean up before the rebuilding can begin.
Forbes Announces 34th Annual Forbes 400 Ranking Of The Richest Americans
Posted by: thepinetree on 09/29/2015 11:50 PM
New York, NY...The combined wealth of Forbes’ 2015 ranking of the richest people in America, “The Forbes 400” (p. 130 of the October 19, 2015 Forbes magazine issue), is $2.34 trillion, up from $2.29 trillion in 2014 and the highest ever. The average net worth of a Forbes 400 member is an astounding $5.8 billion, the highest to date, up from $5.7 billion last year. Net worth increased for 202 members and decreased for 119 members. The cost of admission to the 2015 list was the highest ever at $1.7 billion, up from $1.55 billion a year ago.
Up To $19,000,000 May Be Spent On Butte Fire HazMat Debris & Site Cleanup!
Posted by: thepinetree on 09/25/2015 11:25 AM
San Andreas, CA…One of the big, if not the biggest, item last night was that local contractors and crews are encouraged to take part in the Butte Fire debris clean up. With clean up crews spread over Lake Fire and other incidents besides the Butte Fire they are in need of local contractors and crews with equipment and crews who can clean each burned home site. Most will have to be taken down to bare dirt and even some soil may need to be removed to have a toxic free site for rebuilding.
FEMA Assistance Now Available for Calaveras County Residents urged to call FEMA to Register for Disaster Assistance
Posted by: thepinetree on 09/24/2015 02:24 PM
Sacramento, CA...The Federal Emergency Management Agency added Calaveras County for individual assistance to the State of California’s recent disaster declaration for those survivors recovering from the Butte Fire that occurred September 9, 2015, and continuing. Anyone impacted by the Butte Fire in Calaveras County should immediately register your household for FEMA by calling FEMA’s toll-free number at 1-800-621-3362 (FEMA). Those who have a speech disability or hearing loss and use TTY, should call 1-800-462-7585 directly. For those who use 711 or Video Relay Service (VRS), call 1-800-621-3362. The telephone numbers will operate from 6 a.m. to 12 a.m. (local time) seven days a week until further notice.
