Pledge President Keith
Prayer Gerri Lewis remember bill Suits and Ran King
Song Bill McL comedy of errors
Flim/Flam High Hand Bill McL been an long time since last win
Raffle Guest Stephen Bates Bill Bernhardt Bill O;Shaughnessy
Happy Bucks and Sad dollars
Thoughts and prayers for Bill Suits and Ran King both very ill Bill S not in coma but critical.
Happy for young folks graduating from High School, Sean Hallahan Lyme-Old Lyme High School,
Carroll B story about old Texan and young gun slinger avoid arrogance don't waste ammo, and don't mess with old timers.
Essex Financial Services Stephen Bates and Clark Stahl
Bob Hester made the introductions They then gave an overview of The Rotary Club of Old Saybrook Foundation current investment portfolio. Objective capital preservation and generate income. Investments are 30% large cap and 70% fixed income. Annual income targeted at $20,000 +/-. End of the year will bring a more defensive posture to conserve capital, however income may suffer. Handling fee is 1/2% of portfolio,presently just under $500,000.00 Difficult to grow the portfolio at present.
THE FOUR WAY TEST
of the things we say or do
FIRST
Is it the TRUTH?
SECOND
Is it FAIR to all converned?
THIRD
Will it build GOODWILL and BETTER FRIENDSHIPS?
FOURTH
Will it be BENEFICIAL to all concerned?