As appearing on NorthJersey.com
Thursday, July 7, 2011 BY LINDSEY KELLEHER OF THE ITEM
The Item of Millburn and Short Hills
If a person wants to learn about how to invest his or her own money or if he or she is just plain interested in the topic, then there might be an organization in Millburn that is right for him or her.
The American Association of Individual Investors, a nonprofit organization that provides individual investors with the education and tools they need for investing and building wealth, has a group in Millburn.
"The group is strictly educational," said Grace Austin, co-founder of Millburn's AAII, "It's meant for people to understand something about their own money."
According to Austin, the Millburn AAII, an investment education group that is under the auspices of the national AAII chapter, meets six times a year in the Millburn Public Library, 200 Glen Ave. Meetings are free and open to the public but a $5 donation is suggested. This money is given to the library.
Each meeting consists solely of a presentation in which a guest speaker who is well- or nationally-known in the professions of finance or economics will discuss a topic within these fields. Many of these speakers include active professional money managers.
During the group's June 14 meeting, Raymond Rondeau, president of the American Association of Individual Investors Boston Chapter, spoke about technical analysis and probabilities. Rondeau writes a weekly technical analysis column for the Web site IndexUniverse and has been a full-time trader since 2001.
When people are contemplating the best way or ways for them to invest in the market Rondeau noted, "Personality and analytical strengths and weaknesses are important."
Pointing to nearly 200 slides during his presentation, Rondeau explained the theories and approaches that define technical analysis, which is a financial term used to describe financial instruments for forecasting the direction of prices through the study of past market data. This data is usually in price or volume.
"Technical analysis can be your perception or other people's perceptions," Rondeau said, noting that it does not have a basis in reality.
During the presentation, Rondeau explained two approaches that people may take when investing their money in the stock market: one is technical and the other is fundamental.
For the technical approach, investors analyze charts and price patterns. Their main focus point, noted Rondeau, is to observe whether the price of the stock is trending upward or downward.
Investors using this approach look at the stock's price action, or the amount of money the stock is trading at per share and what the people within that market are willing to pay per share.
Using the fundamental approach, investors analyze the accounting sheets, earnings, revenue and debt for a particular company. These investors look at a company's present and possible future value.
The technical approach is more beneficial for short-term investors or traders because it allows them to fine-tune what shares they are going to buy and when they will sell them. Whereas, Rondeau said, the fundamental approach is more appropriate for long-term investors.
The Millburn AAII has other speakers lined up for this year including Mark S. Germain, founder and CEO of Beacon Wealth Management, who will talk about the importance of gold on Aug. 9. On Oct. 11, Joseph Saluzzi, who works at Themis Trading LLC in Chatham, will discuss high-frequency trading. Saluzzi recently appeared on a segment of 60 Minutes about high-frequency trading. Christine Benz from Morningstar will speak to the group on Dec. 13 about the criteria to look for in evaluating mutual funds.
Presentations in the library begin at 7 p.m., with registration starting at 6:45 p.m. There is no membership fee for Millburn AAII.
To join the national chapter of the American Association of Individual Investors, visit the website, www.aaii.com, click on the link, 'Be a Member,' and then 'About AAII.' Click on the red button, 'Join AAII Now' and follow the directions. A basic membership fee is $29 a year. Enhanced membership costs $49 per year and a life membership is $290.
E-mail: kelleher@northjersey.com
Dr. Norman Sohn's ABCs of ETFs featured in Orthopreneur Magazine
Glen Rock, New Jersey – January 7, 2011
Dr. Norman Sohn, MD, MBA – Managing Director of Beacon Wealth Management is featured in this month's ORTHOPRENEUR. His article, "The ABCs of ETFs" gives a brief overview of Exchange Traded Funds and their advantageous features as a modern-day investment vehicle.
Orthopreneur is an online publication by ORTHOWORLD. Founded in 1992, ORTHOWORLD is the only producer of strategic intelligence in the world solely focused on the global orthopaedic market. Its singular mission is helping orthopaedic companies and individuals improve their performance. For more information visit www.orthoworld.com.
Ralph Acampora to Speak on Gold at Beacon's October 21st Symposium
Hackensack, New Jersey – October 7, 2010:Ralph Acampora, CMT (Chartered Market Technician) a Wall Street market historian and pioneer of technical analysis will speak at the October 21st Gold Symposium entitled "Gold – The Golden Hedge" at the Wilson Auditorium at Fairleigh Dickinson University, 140 University Plaza Drive in Hackensack. The event will run from 6:30 to 9:30 pm and is being hosted by Beacon Wealth Management. Admission is complimentary and open to the general public.
Mr. Acampora, partner and portfolio manager of Altaira LLC, recently appeared last month on CNBC's Mad Money with Jim Cramer and is among three featured speakers at the symposium, along with Rachel Benepe, MBA of First Eagle Funds and Mark Germain, CFP™, MBA, Founder and CEO of Beacon Wealth Management. Moderating the event will be Patrick Williams, publisher of Worth magazine, and Dr. Norman Sohn, managing director at Beacon Wealth Management.
"Gold reached a record high yesterday of $1346.10 and continues to soar – it's a contemporary topic," Germain said. "The goal of this roundtable is to pool together the experts and greater investment community in one forum to discuss gold in today's post-recessionary world. Ralph Acampora and Rachel Benepe know the facts and have the analysis."
For more information or to register for the October 21st event, please contact Tina Powell at Tina@bwmllc.com.
Mark Germain Appears on Fox Business News with Brian Sullivan
Founder and CEO of Beacon Wealth Management Mark Germain, CFP™, MBA, appeared as a guest on Fox Business Network with Brian Sullivan, broadcasting live from the Fox Business News studio. Mark’s segment gave tips to viewers on how they can keep more of their investments after taxes.
"Tax Efficiency Management should be the number one focus," said Mark when asked by Brian. "We are all going to be at a higher tax bracket in the future. Going forward, everyone needs to focus on how they can keep more of what they have and location of assets is key." To view the segment in its entirety, click here. For more information, please visit www.foxbusiness.com.
Top Ten Lessons for Financial Planning Association Student Chapter
Wayne, New Jersey – March 3, 2010:
Mark Germain, CFP™, MBA, CEO of Beacon Wealth Management presented “Top 10 Mistakes Made by Financial Planners” to the Financial Planning Association Student Chapter at William Paterson University on March 3, 2010. The lecture was attended by Luke Dean – Financial Planning Program Coordinator, Nicholas Scheibner – President of the Financial Planning Association Student Chapter, and approximately 25 financial planning students.
The Financial Planning Association Student Chapter at William Paterson University was established in December 2009. It a new program and one of very few that exist around the country. “Exposure to modern business topics and today’s entrepreneurs are an important component of our curriculum. Mr. Germain’s presentation gave our students valuable insight into the realities and challenges of operating a successful financial planning firm,” commented Chapter President, Nicholas Scheibner.
About The Financial Planning Association of William Paterson University Student Chapter
The Financial Planning Association of William Paterson University Student Chapter was founded in December 2009. The chapter is open to all majors who have in expressed interest in a career in Financial Planning. Members discuss financial planning techniques and invite distinguished members from the Financial Planning community to present their real life experiences as financial planners.
Mark Germain, Selected as one of Worth’s Leading Wealth Advisors, published
in the
October/November 2009 issue of Worth and Worth.com
New York, NY – November 2, 2009: Leading wealth and legal advisors offer timely advice to high net worth investors in the October/November 2009 issue of Worth. Forty-four (44) advisors, representing 32 of the nation’s most prestigious firms, offer expertise on a wide variety of relevant topics from investment strategies and modern portfolio theory to estate taxes and succession planning. Advisors who apply for admission into the Worth Leading Wealth & Legal Advisors Program are vetted by Worth and experts at Paladin Registry to ensure advisor quality. In order to be considered for the Worth Leading Wealth & Legal Advisors Program, financial and legal professionals must be willing to provide complete and full disclosure to investors so that Worth and independent Paladin analysts can thoroughly screen and evaluate their credentials, ethics and business practices. Once admitted, advisors help underwrite the production of the magazine. Read more
New York, NY - October 22, 2009
The October/November issue of Worth is on select newsstands now. It includes a special section entitled the “Worth Leading Wealth Advisors Program,” a vetted venue for top wealth and legal advisors nationwide. This section is designed to introduce some of the country’s leading wealth advisors and attorneys to Worth readers along with sound guidance on how to maximize advisor relationships. Advisors who apply for admission into the program are vetted by the Worth Leading Wealth Advisors team and experts at Paladin Registry led by founder Jack Waymire to help ensure advisor quality. In order to be considered for the Worth Leading Wealth Advisors Program, financial professionals must be willing to provide complete and full disclosure to investors so that independent Paladin analysts can thoroughly screen and evaluate their credentials, ethics and business practices. Mark Germain is included in the “Worth Leading Wealth Advisors Program,” and in this issue answers the question, “Would you please share a real-life story that demonstrates how you have helped a client achieve their objectives?” Read Mark’s answer now
New York, NY - July 1, 2009
The debut issue of Worth is on newsstands today and provides a vetted venue for top advisors nationwide to answer questions on the minds of high net worth investors. Answers can be found in the Spring 2009 issue as well as online at www.worth.com. “Most high net worth Americans are rethinking their investment strategies; this heightened interest makes it an excellent time to address questions on the minds of high net worth Americans who are, quite understandably, concerned about their financial health and whether or not they have the right expertise to shepherd that wealth in volatile times,” said Publisher Patrick Williams.
Beacon Wealth Management’s founder & CEO, Mark Germain, addressed the question, “How do you assure clients that recommended investments are appropriate?” Read Mark’s answer now
Paladin Approved – April 14, 2009
Early in 2009, we were approached by Worth Magazine to participate in their Leading Advisors program. In order to participate, Beacon had to undergo the scrutiny of the Paladin Registry. Jack Waymire, author of the best-selling book, Who's Watching Your Money?, co-founded the Paladin Registry to establish an independent, third-party to evaluate registered independent advisors (RIAs) like Beacon. Paladin's responsibility was to screen and evaluate our credentials, ethics and business practices and I am happy to say we are worthy of the Paladin approval.
Look for our first article in Worth's May 15th edition.
Germain Addresses Surgeons' Financial Concerns – March 26, 2009
Mark Germain, CEO & founder of Beacon Wealth Management, LLC, spoke to surgical faculty and residents at Baystate Health / Tufts University School of Medicine in Springfield, Massachusetts on March 26, 2009. Mr. Germain presented surgical faculty and residents with an overview of how best to approach their investment and financial decisions in these very challenging times.
Bringing more than twenty-five years of experience in financial planning and advice, Mark has counseled clients and built strategies for individuals and corporations that include forty-five public corporations. Mark's goals include implementing investment policies that focus on preserving wealth and reducing taxes for both individuals and businesses.
Mr. Germain's presentation addressed the needs of two distinct groups at Baystate: those professional and faculty members approaching retirement who are concerned with the diminishing values of their investment accounts and new residents who need a sound financial plan for their future.
"The importance of tax efficient investing plays a key role for those surgeons asking the question, 'How do I retire?'" says Mr. Germain. "We stressed the importance of matching investment types to the appropriate account classification and outlined the steps to minimize the tax effects of succession planning to meet long term goals. New medical professionals were more concerned with how to combat debt and save for the future."
Baystate Medical Center is the Western Campus of Tufts University School of Medicine. Located in Springfield, Massachusetts, it is the only Level 1 Trauma Center in the region. It is a 653-bed, independent academic medical center with over 37,000 admissions annually. Their Surgery Residency Program has more than 50 Board Certified surgical faculty members; 26 residents; 26,000 surgical cases a year and its minimally invasive surgical labs are at the forefront of surgical education and research.
In addition to being the CEO and founder of Beacon Wealth Management, Mr. Germain is an adjunct professor at Fairleigh Dickinson University.
For further information, contact the Beacon team at 201.447.9500.