Issue link: https://www.epageflip.net/i/434960
ByDaveGowan NomatterhowoldIget, I must admit I love receiv- ing Christmas gifts. Don't get me wrong, I love giving them as well. But guessing before I open a present in my hands is so much fun. Until I open it though, the gift remains a mystery. Once I unwrap it, I can enjoy the present. The holidays are filled with giving and receiving; it's a wonderful time. This Christmas season, I hope we all realize the gifts we have in our lives. Open the gifts of family, friends, faith, success, health, com- munity, and really enjoy these gifts we have all been given. Have a blessed Christmas and a hope-filled New Year. ChadBushnelland Ben Haggard Get your tickets for the show on Dec. 27 at the fol- lowing places in Red Bluff: State Theater box office, Chamber of Commerce, Te- hama Country Visitor Cen- ter, Cornerstone Commu- nity Bank and the Loft. Christmas gi membership Give a Christmas gift and receive a free eBlast, a $50 value, when you give a business friend or acquain- tance a boost with a one- year chamber membership or web sponsorship to those who are already members. It's easy, quick and a great encouraging gift that keeps on giving. Call 527-6220. Employment law Employment law changes are coming for 2015. Order your employment posters for 2015 from the chamber today. Networking Due to the holiday sea- son, there will not be a Good Morning, Red Bluff in December. Merry Christ- mas. RE D BL UF F CH AM BE R Winnersinvariouscategoriesofthechamber'sUglySweatercontest,fromle ,areBenHughes(onbehalfofBobie Hughes), Lupe Green, Amanda Jenkins, Jorgelina Roisenzvit, Steve Kleppe, Lisa Hansen, Scott Camp, Sarah Waddell, Automne Perreira and Lois Rogan. The following work- shops are being offered by the Northeast California Small Business Develop- ment Center at Butte Col- lege. All courses are at the center, 2480 Notre Dame Blvd. in Chico, unless oth- erwise noted. New Venture Entrepre- neurial series, 8:30-10:30 a.m., Wednesdays, Jan. 7-28. The cost for the series is $50 per person prepaid or $60 at the door. Introduction to Quick- Books I workshop, 9-11:30 a.m., Thursday, Jan. 22 at 202 Mira Loma Drive, Oroville, behind Butte Community Employment Center — Tahoe Room. The cost of the workshop is $40 per person prepaid or $50 per person at the door. Cost analysis for your start-up business, 9-11 a.m., Thursday, Jan. 29, at Busi- ness Connections, 332 Pine St. in Red Bluff. Cost: $20 per person pre-paid or $30 at the door. How to manage your retail business, 12:30-2:30 p.m., Tuesday, Jan. 20 at the Paradise Ridge Fam- ily Resource Center, 6249 Skyway, Paradise. The cost is $30 per person pre-paid or $40 per person at the door. Using emerging tech- nologies to market your business series, 1:30-3:30 p.m. Tuesdays, begin- ning Feb. 3. The cost is $50 per person pre-paid or $60 per person at the door. Pre-registration is required. Call 530-895-9017 or visit www.bcsbdc.org to register and for information. SMALL BUSINESS Centeroffersvarietyofcourses Last Thursday eve- ning the Annual Chamber Christmas Mixer took place even with the prediction of stormy weather. Thank- fully the weather broke and a good crowd showed up to have a wonderful time. Thank you, Rabobank for hosting the event. Winners of the Lighted House Contest We are happy to an- nounce the winners of the Annual Lighted House Con- test. Third place is 1631 6th Ave., second place is 343 Edith Ave., and first place is 176 McLane Ave. Thank you to everyone who partic- ipated, and congratulations to the winners. TRAX Lighted House Tour You will have a chance to view the winners and other houses on the TRAX Lighted House Tour at 6:30 p.m. Friday, Dec. 19. Buses will be leaving the Trans- portation Center, corner of Solano and 3rd Street. It is a free tour, but you must call and make reservations at 527-0597 by 4 p.m. today. Please be at the Transpor- tation Center early so they can start the tour on time. Installation Dinner Mark your calendar for the Annual Chamber In- stallation Dinner sched- uled for Saturday, Jan. 24. Invitations will be sent in the mail and we hope that you will attend. You are wel- come to attend even if you are not a member of the chamber. You can call the chamber for information at 824-5550. Christmas Eve Services Harvest Christian Cen- ter, 1006 South Ave., will be having a Christmas Eve Candlelight Service at 7 p.m. and everyone is invited. Mt. Olive Lutheran Church is also having a Candle light Service at 7 pm, Christmas Eve as well as a Christmas Day Service at 8:30 am. They are at 341 E. Solano St., mile east of Margue- rite Avenue. Another cham- ber member, First Presby- terian Church, 471 Margue- rite Ave., will be having a Christmas Eve Candlelight Service at 7 p.m. So you have several choices of ser- vices to choose from. CORNING CHAMBER Christmas mixer a success despite downpour Like everyone else, you have fi- nancial goals. To help achieve these goals, you may need to invest — and when you in- vest, you'll need to take on some risk. But the more you under- stand this risk, and the better you are at manag- ing it, the greater your potential for staying in- vested for the long term. To begin with, then, take a look at these terms: Risk tolerance — Your risk tolerance is essen- tially your comfort level with taking risk. For ex- ample, if you have a high tolerance for risk, you may be comfortable in- vesting aggressively. Con- versely, if you tend to be risk-averse, you might lean more toward more conservative investment vehicles that offer greater protection of principal. Required risk — While the term "required risk" may sound odd, it is ac- tually an integral compo- nent of your ability to in- vest successfully. Basi- cally, your required risk is the level of risk necessary to help you achieve your investment goals. The higher the return neces- sary to reach those goals, the more potential risk you'll need to assume. As you invest, you'll need to balance these two aspects of risk. For exam- ple, what might happen if you have a low risk toler- ance, leading you toward "safer," low-growth invest- ments, but your goal is to retire early? For most people, this goal requires them to invest in vehi- cles that offer significant growth potential, such as stocks. And, as you know, investing in stocks entails risk — specifically, the risk that your stocks will lose value. So in this situa- tion, your risk tolerance — the fact that you are risk- averse — is going to col- lide with your required risk level, the amount of risk you are going to need to take (by investing in stocks) to achieve your goal of early retirement. When such a collision oc- curs, you have two choices. First, you could "stretch" your risk toler- ance and accept the need to take on riskier invest- ments in exchange for the growth potential you will require. Your other choice is to stay within your risk tolerance and adjust your ultimate goal — which, in this example, may mean accepting a later retire- ment date. Obviously, this is a per- sonal decision. However, you may have more flex- ibility than you might have imagined. For in- stance, you might feel that you should be risk- averse because you have seen so many fluctuations in the financial markets. But if you have many de- cades to go until you re- tire, you actually do have time to recover from short-term losses, which means you may be able to reasonably handle more volatility. On the other hand, once you're retired, you won't have as many years to bounce back from market downturns, so you'll have less "risk capacity" than you did when you were younger. In any case, by balanc- ing your risk tolerance and your required risk level — and by understanding your risk capacity — you can be better prepared to take the emotion out of in- vesting. When investors let their emotions get the bet- ter of them, they can make mistakes such as chas- ing "hot" stocks or selling quality investments due to temporary price drops. By having a clear sense of what risk really entails, however, you may be able to avoid costly detours — and stick with your long- term investment strategy. SusieMustaineisafi- nancial advisor for Ed- ward Jones, her office is at 2130 Main St., Ste. B, in Red Bluff. She can be reached at 527-4729 or susie.mustaine@edward- jones.com. FINANCIAL PLANNING Seektobalance risk tolerance and required risk The 2015 Northstate Economic Forecast Con- ference is scheduled for Thursday, Jan. 22, 2015 at the Gold Country Event Center, 4020 Olive High- way in Oroville. This year's conference will provide an in-depth and candid look at action- able, relevant economic trends. Additionally, par- ticipants will look at a va- riety of regional economic drivers, emphasizing op- portunities for growth, development and pros- perity. This year's keynote speaker will be Jake So- beral, CEO of Bitwise In- dustries. Returning fa- vorite Dr. Robert Eyler will present on the North- state economy, and Dr. Jaana Remes of the McK- insey Global Institute will look at how global growth trends translate to Cali- fornia. Early bird prices are $109 per person and $715 for a table of eight. Regis- ter before 2015 to receive the discounted prices. Tradeshow exhibitor cost is $200, City Coun- cil or County Supervisor is $59 and student with identification is $35. Registration includes hot breakfast, general ses- sion, lunch, breakout ses- sions and a copy of the North Valley Economic Scorecard, 6th Edition. To become a conference sponsor, send an email to Georgia Nilsson at gnils- son@csuchico.edu. There are still oppor- tunities available to raise your organization's pro- file by visibly supporting and participating in com- munity economic develop- ment efforts. For more information and to register, visit http:// cedcal.com/. NORTHSTATE Registration open for economic forecast conference Merry Christmas from the chamber CEO Susie Mustaine Gaumer's Since 1967 ThisChristmas Show her how much she means to you Mon.-Fri, 9am-5pm, *Saturday hours in December • Follow us on Facebook www.gaumers.com 78 Belle Mill Road, Red Bluff, CA • (530) 527-6166 ❉Jewelry ❉ Museum ❉ Lapidary Gold Exchange 530528-8000 413WalnutStreetRedBluff Mon.10am-4pm• Tues.-Fri.10am-5:30pm•Sat.10am-4pm www.angelsamongusall.com www.redbluffgoldexchange.com HUGE Christmas SALE Visit us for all your Holiday Bargains What are you Grateful for? Telluswhatyourgratefulfortowina $300 shopping spree. Drawing held 12/23/14 • 4pm BUSINESS » redbluffdailynews.com Wednesday, December 17, 2014 » MORE ATFACEBOOK.COM/RBDAILYNEWS AND TWITTER.COM/REDBLUFFNEWS A4