This month we have the Free Medical Checkup for the Elderly, this is KGM's signature event and we have made it possible only because of years of unwavering support from members and volunteers. Lots of hands are required, so remember to sign up here or on the link posted on the Whatsapp groups.
Our next regular lunch meeting will take a break from our Holiday Inn and instead, we will have a Pre-Diwali Lunch at Carat, to experience authentic Indian food and drinks. Please sign up here or on the Whatsapp group.
Next Regular Lunch Meeting: Date: November 8th, 2023 (Wednesday)
Event: Regular Lunch Meeting
Location: Carat Fine Indian and Mediterranean Cuisine, 4F, Winfield Commercial Building, 6-8A Prat Ave, Tsim Sha Tsui. Time: 12.30 to 14:00
Menu: Indian
Speakers: Guest Speaker : Dr. Richard Harris
Topic: Narative Finance | Can the stories that move stock markets be used for forecasting
November 19th - Free Medical Checkup for the Elderly | Sign up here
November 22nd - Regular Lunch | Speaker: Ross Parker
November 24th - Fellowship Dinner | India Club
November 29th - Fellowship Dinner
December 13th - Regular Lunch
December 20th - XMAS Party Lunch
December 27th - Regular Lunch
For updates on events, please stay tuned on the Whatsapp Announcement Group.
Rotary Knowledge Section:
Fact #6)
Why is a male Rotarian's wife called Rotary Ann?
The history of "Rotary Ann's".
Rotary Anns
In many Rotary clubs throughout the world, wives of male members are affectionately called "Rotary Ann’s." The year was 1914 when San Francisco Rotarians boarded a special train to attend the Rotary Convention being held in Houston. In those days few wives attended Rotary events, and until the train stopped in Los Angeles, the only woman aboard was the wife of Rotarian Bru Brunnier. As the train picked up additional convention-bound delegates, Mrs. Ann Brunnier was introduced as the Rotarian's Ann. This title soon became "Rotary Ann." Since the clubs of the West were inviting the Rotarians to hold their next convention in San Francisco, a number of songs and stunts were organized that would be performed in Houston. One of the Rotarians wrote a "Rotary Ann" chant. On the train's arrival at the Houston depot, a delegation greeted the West Coast Rotarians. One of the greeters was Guy Gundaker of Philadelphia, whose wife was also named Ann. During the rousing demonstration, someone started the Rotary Ann chant. The two petite ladies, Ann Brunnier and Ann Gundaker, were hoisted to the men's shoulders and paraded about the hall. The group loved the title given to the two women named Ann. Immediately the same term of endearment was used for all of the wives in attendance, and the name "Rotary Ann" was here to stay.
Guy Gundaker became president of Rotary International in 1923 and Bru Brunnier was elected president in 1952. Thus, each of the two original Rotary Ann’s became the "first lady of Rotary International."
*NEW* Knowledge & Fun Facts on Money / Finance / Investment / Stock Market:
BONDS
What happens to bonds when interest rates rise?
Most bonds and interest rates have an inverse relationship. When rates go up, bond prices typically go down, and when interest rates decline, bond prices typically rise.
Most bonds are issued at or near par value, usually $1,000. The issuer receives this money when the bonds are first offered and, in return, promises to pay investors a stated fixed interest rate (the "coupon rate") at regular intervals with the intent of returning that initial investment of $1,000 back to bondholders at maturity.
After a bond is issued, it can be traded in the secondary market, causing the bond's price to fluctuate depending on supply and demand, changes in interest rates, and any news about the financial health of the issuer that could impact its ability to honor the obligations of the bond.
When interest rates rise, existing bonds paying lower interest rates become less attractive, causing their price to drop below their initial par value in the secondary market. (The coupon payments remain unaffected.) Current bond yields are calculated by dividing the annual interest payment by the bond's current price (current yield = annual coupon ÷ bond price). So, when the bond price drops, its yield increases, making it competitive against newer bonds paying higher rates.
What happens to bonds when interest rates fall?
When interest rates fall, bond prices typically rise, and there may be an opportunity to profit if an investor sells the bond before maturity. Let's assume an investor bought a bond with a 10-year maturity, a coupon rate paying 2%, and purchased it at its par value of $1,000.
But interest rates fall to 1%. Now, the coupon on their bond is more attractive than current market rates so investors would be willing to pay a premium—above par value—for the bond. If an investor sells when the bond is trading at a premium, they can profit from the capital appreciation as well as the income they've earned on the bond. However, if the investor was looking to reinvest those proceeds into another bond, they'd likely be faced with lower rates because the bond yield dropped.
"You gain strength, courage, and confidence by every experience in which you really stop to look fear in the face. You must do the thing you think you cannot do." —Eleanor Roosevelt
"The mediocre teacher tells. The good teacher explains. The superior teacher demonstrates. The great teacher inspires." —William Arthur Ward
"Innovation distinguishes between a leader and a follower." —Steve Jobs
“Blue Zone” is a non-scientific term given to geographic regions that are home to some of the world's oldest people. It was first used by the author Dan Buettner, who was studying areas of the world in which people live exceptionally long lives. None of the blue zones centenarians the author ever met tried to live to 100. No one said at age 50, “You know what, I’m going to get on that longevity diet and live another 50 years!” They don’t count calories, take vitamins, weigh protein grams, or even read labels. They don’t restrict their food intake—in fact, they all celebrate with food.
What is the Blue Zone Diet... There 11 simple guidelines reflect how the world’s longest-lived people ate for most of their lives. I will post 1 guideline per bulletin, stay tuned. Remember, these are just guidelines, meant to help you, but listen to your body and work out the best diet and exercise routine plan that works best for you.
RETREAT FROM MEAT
Averaging out consumption in blue zones, we found that people ate about two ounces or less about five times per month. And we don’t know if they lived longer despite eating meat.
The Adventist Health Study 2, which has been following 96,000 Americans since 2002, has found that the people who lived the longest were vegans or pesco vegetarians, who ate a plant-based diet that included a small amount of fish. So, while you may want to celebrate from time to time with chicken, pork or beef, we don’t recommend it as part of a Blue Zones Diet. Okinawans probably offer the best meat substitute: extra firm tofu, high in protein and cancer-fighting phyto-estrogens.
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