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Archive - Dec 17, 2011

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GSU Legends donate to Robinson Museum

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Grambling State University head football coach Doug Williams (third from left) recently presented a $5,000 check to the Friends of the Eddie G. Robinson Museum on behalf of the Grambling “Legends.” Others participating in the activity include (front row, from left) Museum Commissioner Robert Clark, retired assistant GSU football coach Eddie Robinson Jr., Gregory A. Wilson, Sr.

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Ribbon cutting held for Merle Norman

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Ribbon-cutting ceremonies were held Dec. 6 for Merle Norman, located at 708 Celebrity Dr. in Ruston. The business is under the new ownership of Diane Hunter. The ceremony was sponsored by the Ruston-Lincoln Chamber of Commerce.

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Alexander joins K.W. Realty

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Tami Alexander, a real estate sales professional in Ruston, has joined the Keller Williams Realty Parish Wide Partners Market Center.
“We are truly lucky to have Tami Alexander join us here at Keller Williams Parish Wide Partners,” says Team Leader Chuck Roberts. “Keller Williams Realty offers its associates unparalleled career growth and lifelong learning opportunities in the real estate industry. We know that Tami will be a great fit, and that it is our customers who will truly benefit from Tami joining us.”

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State OMV offices close for holidays

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Leader News Service
BATON ROUGE — Commissioner Nick Gautreaux of the Louisiana Department of Public Safety — Office of Motor Vehicles advised today that OMV Headquarters and all statewide field offices will be closed for the upcoming legal state holidays.
Those dates are as follows:
• Declared legal holiday — Friday, Dec. 23
• Designated legal holiday — Monday, Dec. 26
• Declared legal holiday -—Friday, Dec. 30
• Designated legal holiday — Monday, Jan. 2

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Family businesses need to have meetings

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Question: I am part of a multi-generational family business. We get along fine, but never talk about succession planning. It isn’t that Dad isn’t willing to talk, but when we do it never seems to accomplish anything. What do you suggest?
Answer: You need to have a family meeting. And the chances are, you have never had one.
Sure you’ve had meetings among stakeholders in the business (who also happen to be family members), but have you ever had a meeting of your entire family, including members in and members not in the business?

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How to cope with the ‘threat of longevity’

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You can’t predict how long you’ll live. Nonetheless, you still need to consider longevity as a key factor in creating, and following, a long-term investment strategy.

And your projected lifespan may be longer than you had thought. Men who turned 65 in 2010 can expect to live another 18.6 years, while women who reached 65 that same year can anticipate another 20.7 years, according to the 2011 Social Security Trustees Report. And these figures are just averages; depending on your health and family history of longevity, you could well spend two, or even three, decades in retirement.

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Take the time needed to learn about mutual fund investing advantages

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In basic terms, a mutual fund is a company whose main objective is to professionally invest a pool of money in securities and earn a positive return for shareholders.  In this way, these companies allow you to “mutually” share the rewards and risks of investing, hence their name.
 
Buying shares in a mutual fund actually gives you stock or bond holdings in various companies, based on the underlying investments. Your shares are pooled together with other investors’ shares, and the combined assets give you access to a level of diversification that you may not otherwise be able to obtain.  It’s always important to remember that mutual fund investing involves risk, and your investment may be worth more or less than the original cost when redeemed. Your principal and investment return will fluctuate in value, so it’s important to understand a few basics about these funds.

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