one more beer doc - gevers wealth management, llc august 2011

8/6/2019 One More Beer Doc - Gevers Wealth Management, LLC August 2011

1/11

B~j~{t 8622

Len @lxn Hnnx# Dlk

I mbqn hnne kleqieknd alx b e~`hnx la ynbx{# bed kletie~n tl hncinqn batnx tmn nqnet{ la tmn cb{t anz dby{# tmbt tmn `bie dxiqnx bed ieac~neknx la tmn ieqn{t`net `bxont{ ie xnknet ynbx{ i{ ^[`lentbxy vlciky bed hbcclleiej cnqnc{ la dnht% Cb{t znno {bz tmxnn xbtmnx {ijeiaikbet nqnet{lkk~x# nbkm nqnet ieqlcqiej jlqnxe`net dnht bed jlqnxe`net `lentbxy vlciky%

Aix{t# tmn zlxxin{ bhl~t tmn N~xl bed tmn anbx tmbt {l`n lx bcc la tmn VIIJ[ -Vlxt~jbc# Ixncbed#Itbcy# Jxnnkn# [vbie) ìjmt dnab~ct le tmnix dnht{ mb{ xnbkmnd b kxn{knedl% [nkledcy# tmn ^%[% dnht kniciej zb{ lekn bjbie xbi{nd batnx axbetik cb{t ìe~tn enjltibtile{% Bed? tmixd batnx tmn `bxont kcl{nd le Axidby# [!V# len la tmn zlxcd*{ `l{t vxn{tijil~{ xbtiej bjnekin{# clznxnd tmn kxndit xbtiej la tmn ^%[% Jlqnxe`net tl hnclz BBB bed iedikbtnd tmbt a~xtmnx dlzejxbdn{ bxni`ìenet%

Ia yl~ n}bìen tmn kleditile la ^[ kl`vbein{ tmbt `bon ~v tmn {tlko `bxont# yl~ aied tmbt ^[kl`vbein{ hltm cbxjn bed {`bcc# bxn jnenxbccy ie jlld {mbvn -zitm {l`n n}knvtile{ ie tmnhbeoiej bed h~icdiej {nktlx{)% Tmny mbqn {mx~eo tmnix zlxoalxkn{ bed cbhlx kl{t{# xnd~kndieqnetlxy# bed k~t n}vne{n{% @bey cbxjn ^%[% klxvlxbtile{ bxn {ittiej le b clt la kb{m% Ie abkt# ^%[%klxvlxbtn kb{m hbcbekn{ bxn b{ mijm elz b{ tmny*qn hnne bey ti`n ie tmn cb{t >6 ynbx{% Tmnh~{ien{{ kl``~eity mb{ xn{vlednd tl tmn xnknet ~eknxtbiety bed zlxxy hy tboiej vx~dnet aiebekibc {tnv{ tl `bon {~xn tmnix kl`vbein{ bxn mnbctmy# mbqn bdnr~btn kb{m# bed bxn bhcn tl{~xqiqn bed xnbdy tl vxl{vnx zmne kleditile{ i`vxlqn%

^[ kl`vbein{ bxn bc{l `boiej `leny% Zitm {nkled r~bxtnx nbxeiej{ xnvlxt{ bc`l{t dlen#nbxeiej{ bxn ~v 2=.# zitm :>. la kl`vbein{ n}knndiej n}vnktbtile{ hy be bqnxbjn la >.% Axl`

b xnqne~n {tbedvliet# :8. la kl`vbein{ mbqn xnvlxtnd hnbtiej xnqne~n n}vnktbtile{# hy bebqnxbjn la 8.% -Hcbkoxlko)

Ia ^[ h~{ien{{n{ bxn jnenxbccy ie jlld {mbvn# tmne zmbt i{ tmn vxlhcn`< B {i`vcn be{znx l~x`lentbxy {y{tn` bed DNHT%

Cnt*{ cllo bt cb{t znno*{ dxb`b# xnqinz mlz it baanktnd l~x vlxtalcil{# bed zmbt zn ìjmt dljliej alxzbxd%


2/11

Len @lxn Hnnx# DlkJnqnx{ Znbctm @bebjn`net# CCKVbjn 8

Tmn ^%[% Dnht Kniciej

Zn zxltn ie l~x kcinet enz{cnttnx cb{t `letm bhl~t tmn ^%[% dnht kniciej bed tmn abkt tmbt it mb{hnne xbi{nd `bey ti`n{ hnalxn# bed {~jjn{tnd tmbt it zb{ qnxy cioncy tmbt tmn dnht kniciej zl~cd

hn xbi{nd bjbie# b{ it mb{ ti`n bed ti`n bjbie lqnx tmn cb{t aiqn dnkbdn{%

Vnxmbv{ len la tmn `l{t {ijeiaikbet l~tkl`n{ bhl~t tmn dnht kniciej dnhbtn i{ tmbt it v~t b `ndib{vltcijmt le mlz hbd b kleditile tmn ^%[% i{ ie# tmn txn`nedl~{ b`l~et la dnht tmbt zn kbxxy# bedmlz kcl{n zn bxn tl tmn aiebekibc vxnkivikn la elt hniej bhcn tl vby l~x ebtilebc lhcijbtile{% Znmbqn b enz bed mijmnx dnht kniciej elz h~t tmbt i{ lecy b qnxy tn`vlxbxy ai} alx b `~km cbxjnxvxlhcn`%

Bebcy{t Gnaa Hnxziko zxltn b xnqnbciej bed ~{na~c bebcljy bhl~t mlz tmn ^[ dnht kniciej mb{jxlze {iekn 2916%

Dlktlx 7 ^ekcn [b`# yl~*qn hnne dxieoiej cbxjnx bed cbxjnx b`l~et{ la bcklmlc nqnxy dby {iekn 2916% 2916 zb{ tmn cb{t ynbx zmnxn yl~ dide*t dxieo% Yl~ bxn jliej tl din ia yl~ onnv tmi{ ~v%

^ekcn [b` 7 I dle*t zbet tl din# Dlk% Tncc `n zmbt I ennd tl dl%


3/11


4/11


5/11

Len @lxn Hnnx# DlkJnqnx{ Znbctm @bebjn`net# CCKVbjn >

[!V beel~eknd tmnix dlzejxbdn la ^[ dnht cbtn Axidby batnxelle% Ietnxn{tiej tmbt tmny did it batnx tmn `bxont{ kcl{nd bed bt tmn {tbxt la tmn znnoned# vnxmbv{ tl {latne tmn hclz la tmn hbdenz{% It*{ i`vlxtbet tl ~ednx{tbed tmbt b dlzejxbdn i{ mijmcy {ijeiaikbet% Tmn ietnxn{t xbtn tmbt l~x jlqnxe`net vby{ le tmn `leny tmny hlxxlz -^[ Txnb{~xy Hled{) zicc hn clznx ia tmnixxbtiej i{ mijm% Kleqnx{ncy# tmn clznx xbtiej tmn kl~etxy mb{# tmn mijmnx tmn ietnxn{t xbtn vby`net tmny `~{t vby%

Tmn ^[ jlqnxe`net lzn{ b clt la `leny# h~t tmn ietnxn{t tmny vby le tmnix dnht i{ r~itn clz% Tmntne ynbx Txnb{~xy hled i{ bt bhl~t 8%8. tmi{ znno ie ltmnx zlxd{# ia Kmieb h~y{ b tne ynbx ^[hled# tmny bxn cnediej ~{ `leny alx tne ynbx{ bed bkknvtiej 8%8. vnx ynbx b{ vby`net alx tmbt clbe% Ia ietnxn{t xbtn{ iekxnb{n# tmn ^[ zicc mbqn tl vby `~km `lxn g~{t alx tmn ietnxn{t le l~xdnht zmikm `nbe{ cn{{ `leny alx qitbc jlqnxe`net a~ektile{# netitcn`net{# bed ltmnxjlqnxe`net {vnediej%

B {i`vcn zby tl tmieo la it i{ tmi{7 Ia b {vnedtmxiat iediqid~bc mb{ x~e ~v b jxnbt dnbc la kxndit kbxddnht# mn i{ ie b vxnkbxil~{ {it~btile% Ia mi{ kxndit kbxd kl`vbey aied{ l~t mn i{ ie txl~hcn bedxbi{n{ tmn ietnxn{t xbtn le mi{ kxndit kbxd hbcbekn# mn zicc hn ie nqne zlx{n {mbvn b{ tmn mijmnxxbtn `nbe{ tmbt mi{ kxndit kbxd vby`net{ zicc iekxnb{n% Tmbt i{ n{{netibccy zmbt b dlzejxbdn ie^[ dnht `nbe{% L~x kxnditlx{ zicc `l{t cioncy dn`bed mijmnx ietnxn{t xbtn{ le ^[ Txnb{~xyhled{ zmikm zicc a~xtmnx iekxnb{n tmn dnaikit bed iekxnb{n tmn ^[ dnht%

[!V i{ bkt~bccy tmn tmixd xbtiej bjneky tl dlzejxbdn l~x dnht% Njbe Glen{ i{{~nd b dlzejxbdnle ^[ dnht nbxcinx tmi{ znno bed Dbjlej Jclhbc# tmn Kmien{n Ebtilebc Kxndit Xbtiej bjnekydlzejxbdnd ^[ dnht tzl `letm{ bjl% Tmn xnb{le tmbt tmn [!V xbtiej i{ {l i`vlxtbet i{ hnkb~{n[!V i{ len la tmn cbxjn{t xbtiej bjnekin{ ie tmn zlxcd bed xncind le mnbqicy hy ltmnx jlqnxe`net{#knetxbc hbeo{# bed ie{tit~tile{ tl j~idn tmnix ieqn{t`net dnki{ile{ ie hled{% Ia xbtn{ {tbxt tl txned~vzbxd{ b{ b xn{~ct la tmn{n dlzejxbdn{# it zicc hn `lxn la b mnbdzied alx tmn ^[ nklel`y%

^ealxt~ebtncy# l~x jlqnxe`net dln{ elt {nn` tl hn tboiej tmn xbtiej{ dlzejxbdn lx l~xebtilebc dnht qnxy {nxil~{cy% Batnx [!V dlzejxbdnd tmn ^[# tmn Zmitn Ml~{n bed tmn Txnb{~xyxna~tnd tmn kcbi`{# kbcciej tmn dlzejxbdn b ($8 txiccile `btm nxxlx%( Tmn jlqnxe`net kcbi`{ [!V`bdn be bkkl~etiej nxxlx ( Tmny*qn {mlze b {t~eeiej cbko la oelzcndjn bhl~t hb{ik ^[ ai{kbc h~djnt `btm# ( Txnb{~xy [nkxntbxy Ti` Jnitmenx {bid ie be ietnxqinz zitm KEHK% ( Bed I tmieo tmny dxnz n}bktcy tmn zxlej klekc~{ile axl` tmi{ h~djnt bjxnn`net% ( -[! B Dijn{t)

[!V anct tmbt tmn Txnb{~xy [nkxntbxy{ bed Zmitn Ml~{n{ h~djntbxy vxl`i{n{ tl -aij~xbtiqncy){tbxt dxieoiej lecy ;9%4 hnnx{ vnx dby tmxnn ynbx{ axl` elz i{ ixxn{vle{ihcn bed {l tmn dxlv ietmn ^[ xbtiej# bed tmnix tmxnbt la a~xtmnx dlzejxbdn{%


6/11


[l mlz dln{ tmi{ Baankt l~x Vlxtalcil{<

Len bvvcikbtile tl dxbz axl` tmn{n nqnet{ i{ tmbt tmn lejliej txned la tmn ^[ dlccbx tl hnkl`nznbonx lqnx ti`n {nn`{ tl hn kletie~iej bed vnxmbv{ nqne jbtmnxiej {tnb`% Zn mbqn mbd bznbo dlccbx,ieacbtile axinedcy tmn`n ie l~x vlxtalcil{ alx `bey ynbx{ elz# bed tmbt bcclkbtilemb{ vxlqidnd b zlednxa~c diqnx{iaikbtile bed {txlej xnt~xe{% Xnknet nqnet{ kleaix` tmbt tmnxn i{nqnxy xnb{le tl kletie~n tmi{ znbo dlccbx tmn`n b{ b {ijeiaikbet vbxt la l~x vlxtalcil bcclkbtile%

[tlko{ mbd b vbxtik~cbxcy tl~jm kl~vcn la znno{# iekc~diej b eb{ty dby le Axidby bed bjbie le@ledby ! Znden{dby b{ tmn `bxont {~aanxnd {mbxv dxlv{ le tml{n dby{% L~x alk~{ alx xntixnnvlxtalcil{ i{ mnbqicy znijmtnd tlzbxd{ diqidned vbyiej# iekl`n vxld~kiej {tlko{% Tmbt vbxt la tmn {tlko `bxont tned{ tl {~aanx tmn cnb{t db`bjn bed tned{ tl hn tmn cnb{t qlcbticn d~xiej dlze

`bxont{%

B{ I zxitn tmi{ cnttnx# tmn ietnxn{t xbtn le 26 ynbx ^[ Txnb{~xy hled{ mb{ dxlvvnd tl b cnqnc elt {nne {iekn tmn Jxnbt Dnvxn{{ile% Hy tmn zby# I*qn {l~ednd tmn tx~`vnt kbcc alx tmi{ {nqnxbc ti`n{lqnx tmn cb{t kl~vcn la ynbx{# {l alxjiqn `n alx xnvnbtiej `y{nca h~t ia yl~ mbqn b qbxibhcn xbtnaclbtiej ietnxn{t clbe# tmi{ `by hn b zlednxa~c ti`n tl xnaiebekn tmbt clbe bed clko ie b {~vnx clzxbtn tl vxltnkt yl~x{nca bjbie{t mijmnx xbtn{ ie tmn a~t~xn% Kletbkt yl~x hbeo# lx kbcc ~{ ia yl~ennd b xnanxxbc alx b `lxtjbjn hxlonx%


7/11

Len @lxn Hnnx# DlkJnqnx{ Znbctm @bebjn`net# CCKVbjn :

B cittcn jlld enz{ axl` cb{t znno i{ tmbt l~x hled vl{itile{ mbqn hnne bkt~bccy iekxnb{iej ieqbc~n% Xn`n`hnx tmbt hled{ tned tl dl zncc zmne ietnxn{t xbtn{ dxlv bed xbtn{ mbqn hnnedxlvviej alx {nqnxbc znno{% L~x hled vl{itile{ did zlednxa~c cb{t ynbx# bed bxn lekn bjbiembqiej b abetb{tik ynbx% B{ clej b{ xbtn{ xn`bie clz# zn ìjmt n}vnkt tl {nn a~xtmnx jlldvnxalx`bekn axl` l~x hled{% [l# {l`n la tmn di{bvvliet`net axl` tmn cb{t znno{* dxlv ie{tlko{ kl~cd mbqn hnne laa{nt hy vl{itiqn xnt~xe{ ie l~x hled ieqn{t`net{# a~xtmnx mijmcijmtiejtmn i`vlxtbekn la diqnx{iaikbtile%

Tmn vxnkil~{ `ntbc {nktlx mb{ mbd be ietnxn{tiej ynbx {l abx% L~x jlcd h~ccile ieqn{t`net{ ie l~xieqn{t`net vlxtalcil{ kletie~n tl iekxnb{n ie qbc~n? lqnx tmn cb{t anz znno{# jlcd kletie~n{ tl mit enz mijm{# bed i{ elz ~v lqnx 86. alx tmn ynbx% B r~n{tile tmbt zn mbqn hnne b{ond {nqnxbcti`n{7 i{ tmn vxikn la jlcd tll mijm bed {ml~cd zn tbon vxlait{ lx xnhbcbekn l~x vlxtalcil{< Mnxni{ b zby tl tmieo bhl~t yl~x jlcd mlcdiej{# bed tl txy bed be{znx tmbt r~n{tile%

Jlcd i{ elt be ieqn{t`net? it{ b tyvn la `leny% Ia tmn ^%[% Jlqnxe`net kletie~n{ tl vxiet cbxjnxbed cbxjnx b`l~et{ la `leny tzl tmiej{ mbvvne? it tbon{ `lxn la tmbt vbvnx `leny tl h~y bel~ekn la jlcd# bed it dxiqn{ dlze tmn qbc~n la tmn ^[D% Ieqn{tlx{ bed ^[D lzenx{ tned tl {miat tlbe bctnxebtiqn alx` la `leny -jlcd bed {icqnx) ia tmn kleaidnekn ie tmn ^[D dxlv{% Tmnxnalxn# tmnvxikn la jlcd {ml~cd hn nqbc~btnd ie tmn cijmt la ^%[% ai{kbc vlciky bed `leny vxietiej bed b{ tmbt {nn`{ tl hn jnttiej zlx{n bed elt hnttnx# it i{ {ticc r~itn vl{{ihcn tmbt tmn vxikn la jlcd zicckletie~n tl xi{n b{ tmn ^%[% vxiet{ `lxn `leny%

Andnxbc Xn{nxqn Bktile

Len tmiej tl zbtkm alx axl` tmn jlqnxe`net i{ zmbt oied la ai{kbc xn{vle{n ia bey i{ tbone b{ b

xn{~ct la tmi{ dlzet~xe% Ia ^[ {tlko{ kletie~n tl dxlv# it i{ r~itn vl{{ihcn tmbt tmn Andnxbc Xn{nxqnzicc i`vcn`net b enz xl~ed la R~betitbtiqn Nb{iej -RN;) -vcnb{n {nn# [mlznx tmn Vnlvcn Yl~Clqn - G~en 8622 %) RN; zl~cd n{{netibccy hn b tmixd iegnktile la `b{{iqn b`l~et{ la `leny ietltmn ^[ nklel`y bed aiebekibc {y{tn`% It i{ zidncy hncinqnd tmbt beltmnx xl~ed la RN `by v~{m{tlko vxikn{ ~v% Zn*cc mbqn tl zbit bed {nn mlz tmi{ vcby{ l~t lqnx ti`n%

Xn`n`hnx tmbt b ynbx bjl# cb{t B~j~{t# tmn ^[ @bxont{ mbd bc{l dxlvvnd {mbxvcy bed znxn nqnedlze abxtmnx tmbe tmny bxn elz% Tmn And xn{vlednd zitm b xl~ed la RN bed tmn {tlko `bxont xnqnx{nd kl~x{n {~ddnecy bed nednd ~v alx tmn ynbx%

Andnxbc Xn{nxqn Vxn{idnet Hne Hnxebeon zb{ ietnxqinznd b anz dby{ bjl bed `bdn {l`n

kl``net{ bhl~t vl{{ihcn xn{vle{n{ le tmn vbxt la tmn And%

Lekn tmn tn`vlxbxy {mlko{ tmbt mbqn hnne mlcdiej dlze nklelìk bktiqity vb{{# zn n}vnkt tl bjbie {nn tmn naankt{ la vlciky bkkl``ldbtile xnacnktnd ie {txlejnx nklelìk bktiqity bed glhkxnbtile%


8/11


9/11


Zicdmlx{n Kbeyle Zb{miejtle Abìcy Xbekm Betnclvn# Lxnjle%

L~x abìcy{ glh i{ zitm tmn hikykcn kxnz% @y zian bed oid{ bed I b{{n`hcn bed xnvbix tmn acnnt la hion{ tmbt tmn kb`v laanx{# bed zn bc{l `bietbie tmn n}i{tiej `l~etbie hion txbic{ bed h~icd enzlen{% Zn {tby ie kbhie{ le {itn# nbt `nbc{ zitm tmn kb`vnx{# bed jnt tl negly tmn eijmtcy {iejiej#

{oit{ bed `n{{bjn{% It i{ mbxd zlxo# mlt bed dixty# h~t zn bcc jxnbtcy negly mncviej l~t bed {tbyiejbt tmn hnb~tia~c kb`v%

Cb{t ynbx `y zian bed I `nt b kl~vcn zml mbd be ietnxn{tiej {tlxy tl tncc% Tmny mbd hltm xntixndaxl` {~kkn{{a~c kbxnnx{? tmn m~{hbed mbd hnne b KAL la b cbxjn hbeo ie tmn [l~tm% Tmny neglymncviej bed qlc~etnnxiej bed bc{l clqn tl txbqnc bed mbd kl`hiend tml{n tzl ietnxn{t{ ietl tmnixxntixn`net vcbe{%

Tmny kletbktnd kb`v{ bkxl{{ tmn kl~etxy# ie bxnb{ tmny znxn ietnxn{tnd ie qi{itiej# bed laanxndtmnix {nxqikn{ b{ qlc~etnnx{% Lqnx tmnix xntixn`net tmny mbd {tbynd bt dlwne{ la kb`v{ alx {tby{xbejiej axl` {nqnxbc znno{ tl b `letm lx clejnx% Tmny znxn ie tmn ìddcn la b 1 znno {tiet bt l~x kb`v zmne I `nt tmn`# bed znxn nejbjnd ie {l`n cijmt zlldzlxoiej bed a~xeit~xnb{{n`hcy bed xnvbix# bed znxn mbqiej b jxbed ti`n%

I zb{ {tx~ko hy zmbt b jxnbt xntixn`net,qbkbtile idnb tmbt zb{% Tmny jlt tl ~{n tmnix tbcnet{ bed{oicc{ tl hcn{{ ltmnx{# negly tmn axined{miv bed ancclz{miv zitm tmn kb`v {tbaa# tmn ~{n la tmnabkicitin{ bed jxl~ed{# {tbynd ie {l`n zlednxa~c clkbcn{# bed mbd axnn xll` bed hlbxd tl tlv it bcc laa%


10/11


Ia yl~ bxn ietnxn{tnd ie tmi{ axnn qbkbtile idnb# yl~ kl~cd {tbxt yl~x lze xn{nbxkm alx kb`v{ iebxnb{ tmbt yl~ `by zbet tl qi{it% Tmnxn bxn citnxbccy tml~{bed{ la kb`v{ bkxl{{ tmn ^[# `bey ie{vnktbk~cbx {nttiej{# tmbt ìjmt bvvxnkibtn yl~x qlc~etnnx mncv% Len kl~vcn zn zlxo zitm zb{r~itn neb`lxnd zitm tmn idnb# bed I `bdn be ietxld~ktile zitm tmn qlc~etnnx kxnz kllxdiebtlx bt tmn Zb{miejtle Abìcy Xbekm tl mncv {nt ~v b qlc~etnnx {tby alx tmn`% Vcnb{n kbcc `n ia yl~ mbqnbe ietnxn{t ie l~x kb`v bed I kbe `bon be ietxld~ktile alx yl~ bc{l%

[tbyKbtile Ti`n"

I mlvn yl~ bed yl~x abìcy negly tmn cb{t anz znno{ la {~``nx% @y abìcy bed I mbqn b[tbykbtile {kmnd~cnd alx tmn ned la B~j~{t# b cb{t kmbekn tl xnkxnbtn hnalxn {kmllc {tbxt{% Znmbqn l~x txbditilebc {zi` bkxl{{ Cbon Zb{miejtle# mttv7,,{ziàlxcian%dlgijjy%kl` bed vcbe tl HHRzitm axined{# `l~etbie hion# aicc l~x axnnwnx zitm hnxxin{# bed jl acyai{miej# mioiej bed x~eeiej% Imlvn yl~x {~``nx{ ned i{ glya~c bc{l

I cllo alxzbxd tl l~x en}t `nntiej# bed zn xn`bie kl`vcntncy kl`ìttnd tl yl~x aiebekibc zncchniej%

Zbx` xnjbxd{#

Ziccib` X% Jnqnx{Aiebekibc Bdqi{lx

V[7 Zn mbqn hnne xnvnbtndcy b{ond hy kcinet{ ia tmny kl~cd {mbxn tmn{n n-`bic eltn{ zitm tmnix axined{lx enijmhlx{% Vcnb{n annc axnn tl alxzbxd tmi{ zitm tmn {tiv~cbtile tmbt it `by lecy hn alxzbxdnd ia dlen{l ie it{ netixnty zitm el vlxtile{ lìttnd% Zn zl~cd hn dncijmtnd tl {mbxn l~x kl``net{ bed lvieile{zitm yl~x axined{# bed znckl`n yl~x kl``net{ bed anndhbko% Ia yl~ xnkniqnd tmi{ bed zl~cd cion tl hniekc~dnd le l~x enz{cnttnx ci{t# vcnb{n n`bic ~{ bt zjnqnx{Fjnqnx{znbctm%kl`

Klvyxijmt 8622 Ziccib` X% Jnqnx{% Bcc xijmt{ xn{nxqnd%


11/11


Jnqnx{ Znbctm @bebjn`net# CCKI-96 CbonVcbkn Knetnx216> EZ [b``b`i{m Xlbd# [~itn 8>6I{{br~bm# ZB 9=68:

Laaikn7 48>%1>:%88;=Ab}7 48>%1>:%82;=N-`bic7 zjnqnx{Fjnqnx{znbctm%kl`

Tmn qinz{ bxn tml{n la Ziccib` Jnqnx{# Jnqnx{ Znbctm @bebjn`net# CCK# bed {ml~cd elt hn kle{tx~nd b{ iediqid~bc ieqn{t`net bdqikn% Bcciealx`btile i{ hncinqnd tl hn axl` xncibhcn {l~xkn{? mlznqnx# el xnvxn{netbtile i{ `bdn b{ tl it{ kl`vcntnen{{ lx bkk~xbky% Bcc nklel`ik bedvnxalx`bekn iealx`btile i{ mi{tlxikbc bed elt iedikbtiqn la a~t~xn xn{~ct{% Ieqn{tlx{ kbe elt ieqn{t dixnktcy ie be iedn}% Vcnb{n kle{~ct yl~xaiebekibc bdqi{lx alx `lxn iealx`btile%

[nk~xitin{ bed bdqi{lxy {nxqikn{ laanxnd tmxl~jm Aiebekibc Entzlxo Ieqn{t`net Klxvlxbtile# @n`hnx [IVK% Jnqnx{ Znbctm@bebjn`net bed Aiebekibc Entzlxo bxn elt baaicibtnd%

one more beer doc - gevers wealth management, llc august 2011

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