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4A – Daily News – Wednesday, December 8, 2010 Commerce business & enterprise Businesses donate to hospital fund Lighting contest deadlines today • New Member – The Corning Chamber of Com- merce welcomes Don Holden Construction as new member, 24645 Florence Ave., Corning, CA 96021. Phone (530) 824-0551. Courtesy photo WINK and the Riverside Bar and Grill presented a check for more than $500 for the St. Elizabeth Where the Need is Greatest Fund.The donation was made possible during a private St. E’s Shopping Party held on Nov. 18.The Riverside donated tasty sweet treats and offered restaurant coupons, while the hospital employees, medical staff and volunteers shopped. A percentage of the proceeds from the shopping and dining generated the donation. Featured in the photo, Kristin Behrens, SECH Marketing, Martha McCoy-Nagel, Mercy Foundation North, Cori Dittner, owner Riverside Bar and Grill, Sr. Pat Manoli, SECH Spiritual Care and WINK owners Sophia Swarthout, Sarah Rider and Amber Micke. Local Realtor receives national honor Vicki Roy, with United Country Allegiance Real Estate Associates, has been awarded the Seniors Real Estate Specialist designation by the Seniors Real Estate Specialist Council of the National Association of Realtors. Roy joins more than 16,000 real estate professionals in North Amer- ica who have earned the designa- tion. All were required to success- fully complete a comprehensive course in understanding the needs, considerations and goals of real estate buyers and sellers aged 55 and older. The council, founded in 2007, is the world's largest association of real estate professionals focus- ing specifically on representing senior clients in real estate trans- actions. You may contact the Seniors Real Estate Specialist Council at (800)500-4564, by e-mail at SRES@realtors.org or by visiting www.sres.org. Don’t let double dip fears sink your investment plans Fears of a “double- dip” recession are in the air. Obviously, this isn’t particularly good news; we’d all like to feel that the economy is growing robustly. At the same time, ho we v e r , you’ll want to avoid making hasty, ill- advised invest- ment decisions based on the mere threat of a slide into another reces- sion. Instead, you’ll want to keep your long-term in v estment plan intact — in all economic environ- ments. The possibility of a double-dip recession makes great headlines. But such events have been rare. In fact, we’ve seen only one double-dip recession in the past 77 years. However, this his- tory hasn’t stopped gloomy forecasters from predicting a double-dip in 1991 (it didn’t happen) and in 2003 (when it did- n’t happen again). Tyler Smail Will we again avoid the double-dip recession this time? It’s dangerous to make predictions, but it seems more likely that what we’re really experi- encing is a “soft patch” in the economic recov- ery as retail sales remain weak, consumer confi- dence is low and unemployment remains high. But on the posi- tive side, manu- facturing activity has been strong, corporate earn- ings have rebounded to pre-recession levels and profit margins are near all-time highs. And yet, many investors are focusing strictly on the negative reports — and they’re acting on their fears by moving money from stocks to fixed-income vehicles, such as bonds. During the period from July 2008 through June 2010, investors pulled more than $200 billion out of stock-based mutu- al funds and put more Mention this ad and get a BREAKFAST SPECIAL! 2 eggs, 2 slices of bacon hashbrowns & choice of toast (no substitutions) Good through 12/31/10 645 Antelope Blvd. #1 in Frontier Village across from the fairgrounds. $399 • Breakfast • Lunch • Dinner (530) 527-1420 than $475 billion into bond funds, according to the Investment Company Institute. Bonds can provide a source of regular income and will return your prin- cipal when they mature, providing the issuers don’t default. They're an important part of most investors' portfolios. But if you're joining the crowd and over-concen- trating on bonds, you risk losing the following: • Growth opportunities —. According to Ibbot- son, a leading investment research organization, stocks have done particu- larly well following 10- year periods in which the stock market hasn’t per- formed strongly — and the past 10 years were one of the worst periods we’ve ever seen for stocks. And right now, many quality stocks are trading at some of the most attractive values in 15 years, as measured by price-to-earnings ratio, or P/E. • Portfolio balance — Ideally, you want your portfolio to contain a mix of investments — stocks, bonds, interna- tional and cash — designed to reflect your risk tolerance, time hori- zon and long-term goals. You’ll need to adjust your investment mix over time to reflect changes in your life, and regular portfolio reviews will prompt you to rebal- ance back to your target mix and determine whether any other changes are needed. But if you’re constantly dis- rupting your portfolio’s balance by reacting to short-term events, you’ll have a much harder time achieving your objec- tives. In virtually all areas of life, balance is essential — and that’s certainly true in regard to your investments. A “double-dip reces- sion” might sound scary, but it may well never come to pass — so don’t let the mere prospect throw you off your investment strategy. Good investment oppor- tunities are out there — so dip into them. Past performance is no guarantee of future results. Before investing in stocks, you should under- stand the risks. Stocks are subject to market risks, including loss of principal invested. Tyler Smail is a a financial advisor for Edward Jones, his office is located at 733 Washington St. in Red Bluff. He can be reached at 529-3627 or tyler.smail@edwardjone s.com. COMPLETE AUTO REPAIR All makes and models. We perform dealer recommened 30K, 60K, 90K SERVICES AT LOWER PRICES Smog Check starting at $ (most cars and pick-ups) 2595 + cert. Pass or FREE retest 527-9841 • 195 S. Main St. K W I K K U T S Family Hair Salon $300 REGULAR HAIRCUT off with coupon Not good with other offers 1064 South Main St., Red Bluff • 529-3540 Reg. $13.95 Expires 12/31/10 • Lighted House Contest – Today is the last day to enter the Lighted House Contest. It is free but you must enter today by 4 p.m. You may enter by filling out an entry form at the Chamber office at 1110 Solano Street. This year the judging will take place during the TRAX Lighted House Bus Tour 7 pm, this Friday. The bus tour is also free but you must make reservations by calling 385-BUSS or 529-3099 today by 4 p.m. The bus will leave from the Transportation Center at 7 p.m., but you should be there by 6:45 to get a seat. You will be given ballots to vote for your favorite decorated house. • Christmas Mixer – 5:30 p.m., tomorrow, Dec. 9, is the Chamber of Commerce Annual Christmas Mixer hosted by PremierWest Bank, 1201 Solano Street. You are invited to join us for hors d’oeuvres, drinks and a good time. The winner of Christmas Tree Lane will be announced at the mixer and the perpetual trophy will be awarded to the Best Over-All. The Senior of the Year for 2011 will also be announced. • Hometown Christmas – The 15th Annual Home- town Christmas event has come and gone and it was a wonderful day. The Chamber would like to thank our generous sponsors that made it all possible. This event could not happen without their contributions. They are: Bell Carter Olive Company, Corning Observer, Corn- ing Rotary Club, Crane Mills, Interland Business & Gifts, Les Schwab Tire Center, Oldies 102.1, Premier- West Bank, Rabobank, Ramada Inn, Red Bluff Daily News, Richard Dunbar, DDS, Rolling Hills Casino, Round Table Pizza, Shane Akers Photography, St. Eliz- abeth Community Hospital, The Lodge at Rolling Hills, Thomes Creek Rock. • Parade Winners – Congratulations to the winners of the 15th Annual Parade of Lights last Saturday: Best Float went to Corning 4-H, Best Vehicle – Walberg Inc., Best Marching Unity – Corning Rockettes, Best Jr. Equestrian – Corning 4-H Horse Group and Best Sr. Equestrian – Madyson Lopez. It was a great parade and we were very thankful that the rain held up until after the parade! • Up-coming Events – New Life Assembly is having their Christmas Craft Boutique this weekend, Saturday 10 a.m. to 4 p.m., and Sunday 1 -3 p.m. For more infor- mation call 824-3426. Also, 6 p.m., Saturday, Dec. 11, the First Presbyterian Church, 471 Marguerite Ave, is having a Night in Bethlehem, a hands-on Holy Land experience. Dec. 17, from 4 to 6 p.m., Starbucks, 908 Hwy 99W, is having their Christmas Party with arts and crafts for kids as well as pictures with Santa. • Installation Dinner – Mark your calendar for the Annual Installation Dinner to be held Saturday, Jan. 29. The names of nominees for the board of directors has gone out in the December newsletter and will be declared elected at the regular December meeting Dec. 14 if no additional nominations are received by Dec. 13. If there are any questions please call the chamber at 824-5550. ——— This column is prepared and submitted by the Corning Chamber of Commerce. Meet your local lenders Northeastern California Small Business Devel- opment Center at Butte College is presenting a workshop on "Meet Your Local Lenders". The workshop will 11 a.m. to 1 p.m. Dec. 9, at North- eastern California SBDC at Butte College, 19 Williamsburg Lane, Chico. Do you need to purchase new equipment, increase cash flow or expand your existing busi- ness? Join Northeastern SBDC at Butte College, U.S. Small Business Administration and local lenders in exploring your financing opportunities during these difficult times. Topics will include an explanation of various options for business financ- ing, including requirements and application process. You will have the opportunity to join local lenders for question and answer, including a net- working luncheon. Space is limited. Must be in business for at least 2 years. This workshop is free. Preregistration is required. Call the Northeastern California SBDC at Butte College at 895-9917 to register and for informa- tion. The Electric Man For all your electrical needs • New Outlets / 220 • Fans / Fixtures • Pools / Spas • Code Corrections • Troubleshooting • Panel Upgrade • Telephone Wiring $10.00 Customer Discount FREE Estimates License# 826543 347-4441 Customer Service Representative to help schools obtain money. Work with Principals, PTA’s, Coaches, Music, and Childcares! We train! $17.99-$ 20.00/hr.avg. Call 765-377-4501