Hope you had a good long weekend. September has been quite a month, quarantine has been lifted after 2+ years, UK got a King, and the stock markets and currencies have gone nuts. If you are looking to buy cheap luxury goods, now would be a good time. KGM has had an eventful September as well. We added 4 new members and introduced a few more potential members to our club. At the rate we are moving, we will be at 100 members way before the rotary year ends.
We are having our Annual Handbag Auction on November 2nd, please RSVP before October 26th, details enclosed with this email. You may click here to RSVP.
The Annual Fund Raising Ball has been fixed for 4th March, 2023, kindly save the date. More on this will be announced soon.
A warm reminder, our partner Feed HK has 3 weekly trips to hand out food to the elderly and underprivileged citizens of HK, if you would like to join any of these seva sessions on Monday, Tuesday or Thursday, please sign up on the Whatsapp Group chat.
Details for Next Fellowship Dinner:
Date: October 8th, 2022 (Saturday)
Time: 7.30pm to 11.30pm Location: 5/F, Prince Tower, 12A Peking Rd, Tsim Sha Tsui
Menu: Indian Buffet + Open Bar Open-Bar includes Selected House Wines, Beers, Spirits ( Black Label/ Chivas 12 / Stolichnaya Vodka / Bombay Gin ) , Soft Drinks and Tea / Coffee.
RSVP: Please click here or add your name on the Whatsapp Group once the message is posted.
*Restaurant has requested to confirm the numbers by 6th October, so please RSVP at your earliest convenience.
*We will confirm the headcount to the hotel based on the RSVP list, which means if we fall short, the club will still be liable to pay.
Upcoming Events: October 12th : Regular Lunch Meeting October 17th : Regular Lunch Meeting
Ever wondered where all the donations are resting while waiting to be used? This is an interesting article explaining how funds are invested to generate income. For the full article please visit https://www.rotary.org/en/rotary-investments
Investments are critical to the sustainability of Rotary International and The Rotary Foundation. The Office of Investment is responsible for managing Rotary’s investments according to policies set by The Rotary Foundation’s Trustees and Rotary International’s Board of Directors. Through a commitment to stewardship and excellence, we seek to establish a legacy that distinguishes Rotary as a prudent investor, supports Rotary's objectives, and promotes sustainability.
Rotary International holds a portfolio to ensure that Rotary is financially stable and can cover its obligations in unforeseen circumstances. These funds are invested in a conservative strategy that emphasizes liquidity and income over capital appreciation. The Rotary International portfolio is 91% invested in fixed income assets and 9% in real estate. The Rotary International portfolio earned 3.3 percent in fiscal 2021. Over the past five years, the Rotary International portfolio generated an average rate of return of 4.6%. The rate of return is the total realized and unrealized capital gains, and interest and dividend income.
1778: Captain James Cook anchors at Alaska 1863: US President Abraham Lincoln designates last Thursday in November as Thanksgiving Day 1872: Bloomingdale's department store in NY opens 1899 J S Thurman patents motor-driven vacuum cleaner 1913 US Federal income tax signed into law (at 1%) by President Woodrow Wilson 1922 1st facsimile photo sent over city telephone lines, Washington, D.C. 1945 Elvis Presley's 1st public appearance at the age of 10
Wall Street Sayings, Investing Quotes, Wisdom 1.) Buy low, sell high. – Unknown 2.) It takes money to make money. – Unknown 3.) It’s a market of stocks, not a stock market. – Unknown 4.) Bull markets climb a wall of worry; bear markets slide down a river of hope. – Unknown 5.) In the short run, the market is a voting machine but in the long run, it is a weighing machine. – Benjamin Graham 6.) The time to buy is when there’s blood in the streets. – Baron Rothschild 7.) There is always free cheese in a mousetrap. – Unknown 8.) Bulls make money, bears make money, pigs (or hogs) get slaughtered. – Unknown (used famously by CNBC’s Jim Cramer on Mad Money) 9.) Be fearful when others are greedy. Be greedy when others are fearful. – Warren Buffett 10.) The four most dangerous words in investing are, it’s different this time. – Sir John Templeton
Food for Thought (HEALTHY CHOICES): PLANT BASED DIET
What is a plant-based diet?
“Plant-based” is a fairly broad term often used to describe variations of a vegetarian diet. It may mean a vegan diet that excludes all animal products, a diet made mostly of plants with small amounts of animal products like cheese or fish, or anywhere in between. Regardless, a plant-based diet generally emphasizes whole plant foods like fruits, vegetables, grains, legumes, nuts, and seeds. Of course, semantics aren’t the point. What matters most is understanding the reasons why more people are adopting plant-based diets — and having conversations about those reasons. In addition to saving animals and helping reduce many of the current stresses on the environment, a plant-based diet can do wonders for long-term health. Plenty of evidence shows that eating a predominantly whole-foods, plant-based diet supports healthy weight loss, protects brain health, boosts immunity, and reduces inflammation. This diet may also promote digestive and reproductive health, lengthen your lifespan, and reduce your risk of chronic diseases like diabetes, heart disease, and illnesses.
*NOTE* This is only for reference, please make sure to contact your physician or dietician before making any drastic changes to your diet.
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