Leak Alert (guest recommendation from J.W.)
Zircon Leak Alert electronic water detector. Place it near sinks, water heaters, sump pumps, and washing machines and find out about leaks before they cause major water damage.
How a Leak Alert Works:
1. Install the Battery
Install a new 9V battery in your Leak Alert. Just like your smoke detectors, the battery in a Leak Alert should be changed on an annual basis. For additional security, the unit will chirp if the battery is running low.
Lay the Leak Alert flat with the metal contacts facing down and touching the floor. Use a Leak Alert in any location where there is a potential for water damage and flooding.
3. Respond to Alarm
When the Leak Alert’s metal contacts come into contact with water, a loud 85dB alarm sounds for up to 72 hours. The alarm is as loud as your standard smoke detector. In the event of a severe flood, the Leak Alert floats and continues to sound an alarm until the battery is depleted. To minimize property damage, respond to the alarm as quickly as possible.
Here we are smack dab in the middle of an 8 year-old bull market. Stocks have more than tripled since the lows of 2009. Everyone is an investing genius in times like these – yes even uncle Chet who just can’t miss, every stock he picks is a three bagger! Times have been good – this bull market could continue for another 10 days or 10 years; nobody on earth knows. What we do know is there is uncertainty in the markets. The single most important thing you can do is arm yourself with a plan to provide a sense of calm and clarity in times of uncertainty. Enter your newfound IPS (Investment Policy Statement).
An IPS is a statement that defines general investment goals and objectives. It describes the strategies that will be used to meet these objectives and contains specific information on subjects such as asset allocation, risk tolerance, and liquidity requirements.
Every investor could potentially benefit from having an investment policy statement. It provides the foundation for all future investment decisions to be made by an investor. It serves as a guidepost, identifies goals and creates a systematic review process. The IPS is intended to keep investors focused on their objectives during short-term swings in the market and provides a baseline from which to monitor investment performance of the overall portfolio, as well as the performance of individual fund managers. If you are using some sort of financial advisor, an IPS outlines the ground rules of the relationship between you and that advisor. And you can use the IPS as a reference to see whether or not your portfolio is achieving your stated goals and objectives. Any proposed changes to your investments can also be evaluated and reviewed against your overall objectives using your IPS.
A properly constructed Investment Policy Statement provides support for following a well-conceived, long-term investment discipline, rather than one that is based on false overconfidence or panic in reaction to short-term market fluctuations.
Get started today – you’ll thank me when you’re sleeping well during the next market correction.
Glympse (guest recommendation from E.F.)
Glympse is a fast, free, and simple way to share your location in real-time. You set who sees you and for how long.
Send a Glympse to let friends and family know you are on your way. Request a Glympse from a colleague who is always running late. Its safe, flexible, and easy. Select a contact, set a duration, and hit send. You can even set a destination or customize a message. Whether on mobile, tablet, or desktop, anyone can receive a Glympse, no software or setup required.
Quote: “You pile up enough tomorrows, and you’ll find you are left with nothing but a lot of empty yesterdays”
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