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Show 201 MUNICIPAL BONDS MAY BE GOOD FOR YOUR PORTFOLIO MISSIONS Elder Trac Norris Elder Trac Norris has been called to serve in the Peru, Lima East Mission. He will be speaking in the Panguitch 2nd Ward on Sunday July 25, at 10:00 a.m. He will enter the MTC on August 11, 2010. ADVERTISE IN THE INSIDER Call 6764621 to plareals. PRODUCERS AG MARKET NEWS Receipts: 554; Last Week: 375. Last Year: 388. Feeder Steers: mixed but mostly steady on similar offerings. Feeder Heifers: mixed but mostly 1.00-2.00 higher. Holstein Steers: scarce. Slaughter Cows: firm to 1.00 higher. Slaugher Bulls: 1.00-2.00 lower. Feeder Steers: Medium and Large Frame 2: 200250 lbs 132.00-140.00; 250-300 lbs 132.00-135.00; 300-350 132.00-140.00; 350-400 lbs scarce; 400450 lbs 126.50-128.00; 450-500 lbs scarce; 500550 108.50-119.00; 550600 lbs 109.00-118.00; 600-650 lbs 106.50-115.75; 650-700 lbs 102.50-111.00; 700-750 lbs 100.50-110.75; 750-800 lbs 90.00-103.75; 800-850 lbs 91.00-95.50; 850-900 lbs 87.25-95.00; 900-950 lbs 95.00-101.00; 950-1000 lbs 88.00-94.00. Holsteins Steers: Large Frame 3: Baby Bull Calves: scarce; 200-300 lbs scarce; 300-500 lbs pkg 463 lbs 83.50; 500-700 lbs 68.0073.50; 700-900 lbs 69.7570.75; 900-1000 lbs scarce. Feeder Heifers: Medium and Large Frame 1-2: 200-250 lbs 119.00134.00; 250-300 lbs 123.00-137.50; 300-350 lbs 128.00-135.00; 350400 lbs scarce; 400-450 lbs 112.00-117.00; 450-500 lbs 115.00-121.50; 500-550 lbs 101.50-112.00; 550600 lbs 105.00-110.50, pkg 117.50; 600-650 lbs 104.00-111.50; 650-700 lbs scarce; 700-750 lbs 93.50-100.50; 750-800 lbs 89.50-99.50; 800-850 lbs scrace; 850-900 lbs 91.7597.00; 900-950 lbs scarce; 950-1000 lbs scarce; Heiferettes: 52.50-73.00. Stock Cows: Medium and Large Frame 1: Few Youngs Pairs: 1,100.001,370.00/pair. Slaughter Cows: Boning 80-85% Lean: 55.25-65.75; Breaking 75-80% Lean: 54.75-63.75; Commercial: scarce; Cutter 85-90% Lean: 46.75-54.75. Slaughter Bulls: Yield Grade 1000-1500 lbs 68.25-76.25; 1500-2149 lbs 74.50-81.00; Yield Grade 2 1000-1500 lbs scarce; 1500-2525 lbs 64.25-73.80. Feeder Bulls: 880-1150 lbs scarce. If your investment portfolio consists of only equities, you may want to diversify. Stocks and other equity securities are an important part of your investment mix, but you may also want to consider some fixed income investments like municipal bonds. Income is generally free from federal taxes and state taxes for residents of the issuing state, however capital gains, if any, will be subject to taxes. Income for some investors may be subject to the federal Alternative Minimum Tax (AMT). When you purchase a new-issue municipal bond, you actually make a loan to the issuer, which may be a city, township or school district, for example. These entities use the funds raised from the sale of bonds to finance new streets, water and sewage systems, hospitals, parks, and many other improvement projects. In return for the use of your money, the issuer promises to pay you not only the principal amount back when the bond matures, but also a set interest rate, or coupon, during the term of the bond. For many investors, the most favorable aspect of municipal bonds deals with the federal-tax-free income they offer. Investments must offer a substantially higher rate of return to be able to match the after-tax return available on a municipal bond. For example, if you are an investor in the 33% income tax bracket, you would have to find a taxable bond paying 7.46% to achieve the same after-tax return as what you would get from a municipal bond yielding 5%. High-quality municipal bonds also provide a range of interest rates at various maturities, to help you plan for short-term or long-term income needs. To illustrate, if municipal bonds priced near par value were providing coupon rates ranging from 2% to as much as 5%, you would receive from $20 to $50 per year federally tax free for each $1,000 principal bond you own. Depending on which bonds you choose, you can plan for income now and in the future as municipal bonds are issued with various maturities ranging from one to 30 years. It is also important to note that municipal bonds typically have very low default rates. According to the Bond Market Association, less than 1 percent of municipal bond issues sold since 1940 have gone into either technical or actual default. However, past performance does not guarantee future results. Municipal bonds are also usually issued with a credit enhancement, such as bond insurance or a bank letter of credit, which helps provide a stronger assurance of timely payments. Some important points to remember: Yields and market values will fluctuate if the bonds are sold before maturity. Bonds are subject to market risk and, if sold prior to maturity, may be worth more or less than their original cost. Investors should keep in mind that as interest rates rise, existing bond prices of already outstanding fixed income securities tend to fall. Long-term bonds are generally more exposed to interest rate risk than short-term bonds. Now that you are considering greater diversification within your portfolio with some fixed income investments, it is also important to realize that you can find a lot of diversification just among municipal bonds themselves. This is because they are a major means of financing growth and expansion in a wide variety of communities and are issued in all parts of the United States. This provides you with a large selection of bonds from which to choose. In addition to geographic diversity, you will find an array of maturities, prices, coupon rates and other features that may be a good fit for your future needs. Working with your Financial Advisor, you can determine whether municipal bonds make sense for you when considering your tax situation, objectives and tolerance for risk. Your Financial Advisor can help you choose bonds that are not only a good fit, but may also give you the opportunity to support projects within your community. Wells Fargo Advisors is Stocks not a legal or tax advisor. Bonds This article was writMutual Funds ten by Wells Fargo Advisors and provided courtesy IRAs of J. Brody Orton, CRPC 401(k) Rollover in Draper, UT at 801-3692893. FDIC-Insured CDs* Disclosures: Investments Envisions' in securities and insurance Estate Planning products are: NOT FDIC*Temporary increase up to $250,000 per institution through December 2013 INSURED/NOT BANKJ. Brody Orton, CPC', Financial Advisor GUARANTEED/MAY 12660 South Fort Street, Suite 101 • Draper, UT 84020 LOSE VALUE. Wells FarOffice: 801-619-7900 • Mobile: 801-369-2893 • brody.orton@wfadvisors.com go Advisors, LLC, Member SIPC, is a registered broI Investment and Insurance Products: ► NOT FDIC nsured ► NO Bank Guarantee ► MAY Lose Value ker-dealer and a separate Wells Fargo Advisors, LLC, Member SIPC, is a registered broker-dealer and a separate non-bank affiliate of Wells Fargo & Company. ©2009 Wells Fargo Advisors, LLC 0709-0046 [77892-0] 6/09 non-bank affiliate of Wells Fargo & Company. Catita La !ft `}' ala, Errol - 435-275-8628 - embutah@gmail.com National Drive-Thru Day (July 24) Here are some interesting firsts' for Drive-Thru k... 1948: In-n-Out-Burger opens in Baldwin CA. The first Fast-Food Drive-Thru is born 1953: Sonic deploys the first skating bellhops at a Drive-In. !953: The First Christian Church of Daytona Beach converts a drive-in theatre into the first Drive-in Church. 1975: Fort Huachuca (AZ) soldiers were forbidden to leave their cars in army fatigues. McDonald's solves the problem: it's first drive-thru in Sierra Vista AZ. 1989: Gatling's Funeral Home (Chicago) introduces a drive-thru viewing option! 2004: Fast food chains begin outsourcing order-taking around the country (tho not very successful). Eating in Wyoming, order taken in Pasadena! 2006: A Mentor, Ohio Subway installs a touch-screen order board in it's drive-thru. 2009: Pennsylvania Representative, Kevin Murphy begins a drive-thru office to speed up dealing with constituents. 2009: The Burgerville chain opens it's drive-thru to bicyclists. flette Art actitery Sale 20% off Many new works Some of old Panguitch houses 63 North Main Panguitch, Ut PANGUITCH OPEN SWIM Monday-Thursday: 2-4 pm and 6-8 pm LAP SWIM Monday, Wednesday, Friday: 6-7 am Tuesday: 6:00 - 7:00 am Tues & Thursday: 5-6 pm Saturday: 8 - 9 am For more information, contact Kim at 690-9206 OBITUARIES Jeffrey H. Rex Escalante, Utah Jeffrey Haycock Rex passed away July 15, 2010 in Escalante. He was born April 8, 1945 in Salt Lake City, Utah to Harold Morgan Rex and Diania Haycock. His brothers are John, deceased, (Deann) of St. George; Judd (Cindy) of Yorba Linda, Ca; JB (Francene) of Leeds; his sister, Yara (Wayne Selph) of Riverton. The first five years of his life were spent in Brazil where his father was serving as mission president. His father subsequently served as a foreign service diplomat and took his family all over the world. Jeff learned to love sailing while living in Trinidad. He also lived in Bolivia, Paraguay, Libya, Colombia, and Peru. He returned to the states for his last two years of high school where he graduated from Olympus High, BYU, and then received a masters in International Management from Thunderbird in Glendale, Arizona. Between schooling he also served a mission for the LDS church in Brazil from 65'-67' He married his sister's roommate, Joette Marie Eck in the Oakland, California Temple on September 12, 1968. They are the parents of eight wonderful children: Jeffrey Aaron (Kim Rowland) Rex, Diania Noelle (Steve) 01pin, April Marie Rex, Jared Joseph Rex (deceased, 1990), Precia Joette (Sebastian) Tatum, Adam Morgan (Kristen Haering) Rex, Spencer Wallace (Ashley Partridge) Rex, and Austin Jared Rex. He was a loving grandfather to 11 grandchildren. He loved his family, boating, flying, machinery, road trips, Southern Utah and serving others. He also had a deep abiding passion for ice cream. He was a conscientous worker and taught his children the same. He also served willingly and faithfully in the LDS church in several capacities including bishop of the Narragansett, RI ward and the Escalante 1st Ward. His life's work was in the printing industry and took him all over the world, but he was an expert at finding ways for his family and extended family to play together. This ultimately led to the purchase of property and a summer home in Escalante. That spot became such a gathering place that he moved his family there permanently in 2000. In 2003 he became enamored with the idea of building a bed and breakfast. The Slot Canyons Inn opened in 2006. Shortly thereafter her was diagnosed with Lewy Body Disease. The disease stole his memory but not his warm heart and happy spirit. He passed away at his home July 15, 2010 in the arms of his loving wife. Funeral services will be held on Tuesday, July 20, 2010, at 1:00 p.m. in the Escalante LDS Ward Chapel. Friends may call at the ward chapel in Escalante on Tuesday from 11:00 a.m. to 12:30 p.m. Burial will be in the Escalante Cemetery. Funeral directors, Magleby Mortuary, Richfield, Salina and Manti. Online guestbook at www.maglebymortuary.com James Emerson Pfleger Scottsdale, AZ Our sweet son and brother, James Emerson Pfleger, returned to live with his Heavenly Father July 17, 2010. James was born February 9, 2010, and for the five short months he was with us, he graced us daily with his smiles and loving, patient spirit. James was born with a condition that made his muscles, including those needed to breathe, become progressively weaker. All too soon, his little body grew too weak to endure any longer. We feel very blessed that James joined our family and we miss him very much. James is survived by his parents Michael and Natalie (Coombs) Pfleger; siblings, Vivian and Alexander Pfleger, all of Scottsdale, Arizona; grandparents, Anthony and Dot Coombs of Boulder, Utah; and grandmother, Elizabeth Howard of Tulsa, Oklahoma. He is also survived by many loving aunts, uncles and cousins. He is preceded in death by his paternal grandfather Philipp Alexander Pfleger. A memorial service will be held Friday, July 23, 2010, at 11:00 a.m. in the Boulder LDS Church. Interment will be at the Boulder Cemetery following the service. Funeral Director: Magleby Mortuary, Richfield, Salina and Manti. Online guestbook at www.maglebymortuary.com |
