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Meeting
Minutes:
Friday, February 10, 2006
Volume 13; Issue
6
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Table of Contents
Committee Reports
Membership
Report
(Click here
to go to the Membership page)
Phil Passante will invite
John Passante
to a meeting and have him complete part 2 of the membership
application.
Lisa Wolfe has a massage therapist that
might be interested in joining the group.
Social Report
(Click here to go to the Social Event page)
Roger Carpenter is back from Australia and
already busy with events. Check out his
website for information on upcoming events.
Greg Stewart would like to see MABE return
to the OK Stables for a BBQ and horseback ride.
Speaker Coordinator Report
(Click here to go to the Speaker Schedule)
Main Speaker
- 02/17/06
Nick Mawrenko - Interactive Meeting on Hiring and Firing
- 02/24/06
Round Table -
Expectations of MABE Members
- 03/03/06
Denver Johnson
- 03/10/06
Sandro Menasci
- 03/17/06
Bob Busch
- 03/24/06
Phyllis Prater
Spotlight Speaker
- 02/17/06
None
- 02/24/06
- 03/03/06 Bob
Uber
- 03/10/06
- 03/17/06
Mike Tanner
- 03/24/06
We need spotlights!
Take 5 minutes to promote your business!
Treasurer Report
No report.
Leads Report
46-05, 35-02, 44-16, 23-15, 32-11, 32-13,
32-46, 41-28, 29-28, 26-48, 26-24, 24-03, 05-28, 49-50, 07-46,
21-28, 52-31, 52-13, 22-13, 04-38, 04-19, 40-32, 25-23, 48-44,
48-28.
This week's
leads focus...
- Brian Verbraken
- Carole Weishaar
- Mike
Whalen
Notable Mentions
Carole Weishaar - She forgot to remind you
again so I will...Passports! Passports! Passports!
Get 'em!!!! Want to see what Randy
Clark does in his spare time....Click
Here!
Lisa Wolfe has a link she would like
members to check out...http://www.marketingsuccessaz.com/
It is her new web site.
Board
elections schedule... Board
Elections -Two positions are
opening up. Mark Dreher and Dave Spiess will be
stepping down. 
- February 3 & 10 - Nominations
- February 17 - Speeches
- February 24 - Elections
Nominees: Mike Tanner, Barbara
Kollman and
Mark Howard.
Business Spotlight
Chris Curran was today's
spotlight. The Arizona legislative session is progress and
there are several bills on the table that affect small
businesses. Chris touched on a few...
HB2111: workers' compensation; controlled substances; alcohol
- If your company has a drug testing policy then the burden of
proof falls onto the employee. If not, you the employer
carry the burden of proof. Nick Mawrenko warns members to
be careful when establishing a drug testing policy or you could
open a can of worms. Your best bet is to use a random drug
testing or you risk losing a lot of employees.
SB1124: uniform arbitration act - It is important to know
what you are giving up when you sign an arbitration agreement.
You can fire an employee if they refuse to sign this agreement.
HB2177: health insurance premium tax credit - This is a good
bill but Chris will be surprised if it passes. Note that
it only applies to companies with 2 or more employees and there
are limitations.
HB2849: minimum wage - This bill proposes a minimum wage
change to $7.10 with an annual increase based on the consumer
price index. Chris doesn't believe it will pass.
HB2823: unlawful employment practices; penalties - This bill
addresses items like the I-9 form. You need to have things
in place or you could face fines in the amount of $5000.
As for the I-9 form, it was recommended that you NOT keep copies
of identification used to confirm the I-9 is correct. If
they turn out to be fake, you will be liable. All you are
required to do is check-off that you "saw" the identification.
HB2099: cellular telephones; use while driving - Get ready
to invest in hands-free devices.
Carole threw in...
HB2698: small business health insurance plans - Read the
fine print. Clinical trials were never paid for by
insurance companies.
If you would like more
information visit
http://www.azleg.state.az.us/Bills.asp.
Main Speaker
Andrew Jensen
Smith Barney
Andy is from a small,
southern Oregon town. It was a beautiful place to grow up.
His father is a retired dentist that now works part-time with
Lisa Schnaidt, a former MABE member. His brother works for
Geiko Insurance. Andy attended both Oregon State and the
University of Oregon but he is a Duck all the way! After
graduating in 1989, Andy moved to Arizona for a change of
scenery.
Andy's first job was selling
cars at Berge Ford. He had quite a career there. It
lasted 3 weeks. His first "real" job was with System One
Rent-A-Car. He earned $275 a week doing a mandatory
59-hour work week with no overtime. He met his wife there.
She was his boss...still is. His next job was for a
mortgage company. He learned a lot here. It was very
helpful. He left 11 years ago for a job with Smith Barney.
In 1999 Andy joined MABE.
He was fascinated by one of the questions that was
presented...If you could trade careers with anyone in the room,
who would it be? About 60% wanted Andy's job. But
this was at a time when the markets were on fire. Andy
posed the question again and this is how members responded...
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Gary Nelson wants to be
Lisa Wolfe because he likes her husband (interesting)
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Lisa Wolfe wants to be
Dave Crissman because of his ability to reinvent his
business.
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Phil Passante wants to be
Chuck Hultstrand because he admires his quite confidence and
kindness.
Andy gave members some
general rules of thumb when investing...
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Don't count on anything
you have no control over.
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Plan with realistic
intentions.
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Don't stop investing.
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Work with somebody you
can trust.
What makes the markets go up?
Supply and demand. Although, fear and greed are the most
influential factors. Markets over time should work their
way higher.
People have a tendency to
chase what is working currently. Andy likes to look at the
broader picture. Take GM for instance. They have
taken a hit because of gas prices and their large line of SUVs.
Others are currently doing better because they were one step
ahead. But GM still has cash and there stock is half the
price it was.
Andy is optimistic about what
will happen in the market over the next 10 years. Instead
of putting the money in their pocket when stocks aren't
performing well, people are rotating their money.
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Andrew C. Jensen
10+ year member
Member since May
1999 |
FINANCIAL ADVISOR
Raymond James & Associates, Inc
60 East Rio Salado Parkway, Suite 710
Tempe, AZ 85281
Phone: (480) 377-2006 or (877) 390-3920 •
Fax: (480) 736-3953
Email:
Andrew.Jensen@RaymondJames.com
Website:
www.raymondjames.com/jensenwealthmanagement/
There is no one exactly like you. Raymond
James and I understand that. Whether you are passing along family assets
or family values and traditions, you have your own special objectives
and goals. By becoming personally acquainted with you, your family and
your plans for the future, I can help you develop a customized financial
solution. I have the complete freedom to offer unbiased and tailored
financial advice – all designed to help develop a long-term plan to work
towards maintaining your lifestyle and ensure your commitments to the people and
causes you hold dear. Today and tomorrow.
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