First and foremost on behalf of KGM a Hearty Congratulations to our Dear President Richard Albuquerque and a great year ahead.
Our first lunch meeting of this Rotary year is tomorrow, Wednesday, July 12th. Please click on this link here to RSVP so we can inform the restaurant.
Kindly note, regular Lunch Meetings will now be held on the 2nd & 4th Wednesday of every month & with a Fellowship between the 2 lunches.
Announcements for upcoming events will be posted regularly on the KGM Announcements group on Whatsapp, please stay tuned. If you are not on this group, kindly message one of the board members to add you.
Details for the next event:
Event: Regular Lunch Meeting
Date: July 12th, 2023 (Wednesday)
Time: 12.30 to 14.00 Location: Room B2, Holiday Inn Golden Mile, 50 Nathan Road TST Menu: Chinese
Speaker: Patrick Fung, CEO HK Clean Air Network
Topic: Saving our only planet. Increasingly important topic for all earth inhabitants in attendance!
Speaker Bio: Patrick Fung is the Chief Executive Officer of the Clean Air Network, a non-profit organization that dedicates its focus to clean up the air in Hong Kong. Since 2016, Patrick has led Clean Air Network to spearhead a public engagement programme to arouse conversation and actions on improving walkability, transport management, and zero-emission mobility in Hong Kong. Under Patrick's leadership, Clean Air Network has developed extensive collaboration with the air science, public health, urban planning professionals, and civil, international, and business communities. Patrick has 10 years of experience in the public / NGO sector. He currently serves on the steering committee of the non-profit Walk DVRC, and was appointed by the HKSAR Government as an expert member of the Air Quality Objectives Review Working Group during 2016-18.
July 19th - Fellowship Night | 1900 to 2300 | Club Lusitano - 27th Floor Ballroom. Please click here to RSVP.
July 26th - Regular Lunch Meeting <Details to be posted on Whatsapp>
August 3rd - Fellowship Evening | 18.30 to 20.30 | The Biergarten, G/Fl, 5 Hanoi Road, TST
For updates on events, please scroll down to the bottom of the bulletin or visit our website here.
Rotary Knowledge Section:
As we have a number of new members I would like to start the new Rotary year by reposting some of the important Rotary facts for the benefit of our new members.
Fact #1)
On February 23, 1905, Paul Harris, Gustavus Loehr, Silvester Schiele and Hiram Shorey gathered at Loehr’s office in Room 711 of the Unity Building in downtown Chicago. This was the first Rotary Club meeting. They decided to call the new club “Rotary” after the practice of rotating meeting locations.
But guess who the 1st President was?
Was Paul Harris the first president of a Rotary Club? No. Was Paul Harris the first president of Rotary International? Yes.
Although Paul Harris was the founder and organizer of the first Rotary club in Chicago in 1905, the man selected to be the first president was one of the other founding members, Silvester Schiele.
By the year 1910 there were 16 Rotary clubs, which linked up as an organization called the National Association of Rotary Clubs. Two years later the name was changed to the International Association of Rotary Clubs, as Rotary was organized in Winnipeg, Canada, and then in England, Ireland and Scotland. In 1922 the name was shortened to Rotary International.
When the first organization of Rotary clubs was created in 1910, Paul Harris was selected as the first president. He served in this position for two years, from 1910 until 1912. Thus, the founder of the Rotary idea, who declined to be president of the first club, became the first president of the worldwide organization, Rotary International.
Fact #2)
A wheel has been the symbol of Rotary since our earliest days. The first design was made by Chicago Rotarian Montague Bear, an engraver who drew a simple wagon wheel with a few lines to show dust and motion. The wheel was said to illustrate “Civilization and Movement.” Most of the early clubs had some form of wagon wheel on their publications and letterheads. Finally, in 1922, it was decided that all Rotary Clubs should adopt a single design as the exclusive emblem of Rotarians. Thus, in 1923, the present gear wheel, with 24 cogs and six spokes was adopted by the “Rotary International Association.” A group of engineers advised that the geared wheel was mechanically unsound and would not work without a “keyway” in the center of the gear to attach it to a power shaft. So, in 1923 the keyway was added and the design which we now know was formally adopted as the official Rotary International emblem.
*NEW* Knowledge & Fun Facts on Money / Finance / Investment / Stock Market:
The Power of Compound Interest: What Is Compound Interest?
Compound interest is when you earn interest on both the money you’ve saved and the interest you earn.
So let’s say you invest $1,000 (your principal) and it earns 5 percent (interest rate or earnings) once a year (the compounding frequency). After the first year, you would have $1,050 – your original principal, plus 5 percent or $50. The second year, you would have $1,102.50. That’s because the next interest payment equals 5 percent of $1,050, or $52.50.
"Interest on interest," or the power of compound interest, will make a sum grow faster than simple interest, which is calculated only on the principal amount. Compounding multiplies money at an accelerated rate. The greater the number of compounding periods, the greater the compound interest will be. Compound interest can help your investments but make debt more difficult.
Albert Einstein famously stated “Compound interest is the eighth wonder of the world. He who understands it, earns it. He who doesn’t, pays it.”
1955: Disneyland, an amusement park featuring attractions based on the creations of Walt Disney and the Disney Company, opened in Anaheim, California.
1969: Apollo 11 lifted off from NASA's John F. Kennedy Space Center in Florida, and four days later two of its astronauts, Neil Armstrong and Buzz Aldrin, became the first humans to set foot on the Moon.
2006: Cofounders Jack Dorsey, Evan Williams, and Biz Stone publicly launched their online microblogging service Twitter, and within the following decade it had more than 300 million users.
2013: The world's last telegram was sent as India's state-run telecommunications company ended its telegraph service.
2019: German automaker Volkswagen ended production of the Beetle, the first model of which had been introduced in 1938.
“Spend each day trying to be a little wiser than you were when you woke up. Day by day, and at the end of the day-if you live long enough-like most people, you will get out of life what you deserve.” ― Charles T. Munger
Food for Thought:
The ABCs of Vitamins: 13 Essential Vitamins and Why You Need Them
Vitamins and minerals are essential substances that our bodies need to develop and function normally. There are 13 essential vitamins and each one plays a unique and vital role in keeping your body healthy. Vitamins aid in the growth, development, and function of all the cells. Your body cannot produce enough vitamins on its own, so we need to get them from outside sources. While many people take a daily multivitamin, most can get all 13 essential vitamins from foods and enriched foods. Multivitamins cannot take the place of eating a variety of foods that are important to a healthy diet.
Below are details of each of the essential vitamins:
11. Vitamin B6
Vitamin B6 is used in over 100 different enzyme reactions involved in aiding your body’s metabolism. It also plays a key role in brain development during pregnancy.
How much do you need?
Adults typically need 1.3 mg.
What should you eat?
Fish, organ meat, potatoes, and other starchy vegetables and non-citrus fruits.
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