Mark Desrochers for Trustee of the Trust Funds

03/14/2016

Everything is now official. I was sworn in this morning at the town hall, right at the service window none the less :)

03/09/2016

I would like to take this opportunity to thank all who have supported me throughout my campaign, and for those who came out today to make it happen. We creamed it, 700-434, and I am so greatful to have this true opportunity to serve the town of Raymond in this capacity. I'm excited to start making a difference by providing positive results where needed. Also, thanks for contributing to the successful pass of article #21. It's truely a necessary tool for success! Again, thanks for your overwhelming trust and support. I look forward to meeting many more of you soon!

03/08/2016

Thank you for coming out to vote Tuesday, March 8th! With your vote, I hope to make major contributions to the group. Thanks again for this wonderful opportunity to serve!

03/05/2016

Below, is an article written by Kevin Woods, Raymond Citizen and former Trustee Member. Kevin's letter was published in Raymond Area News and reviews the importance of Article #21

Raymond Trustee of Trust Fund Warrant Article 21 Explained , Raymond NH

03/05/2016

Below, is an article written by Kevin Woods, Raymond Citizen and former Trustee Member. Kevin's letter was published in Raymond Area News and reviews the importance of Article #21
http://www.raymondareanews.com/opinions/letters/voting%20issues/2016/Warrant-Article-21.php

03/03/2016

Save the date:

Don’t forget, town voting is next Tuesday, March 8th at the middle school! Aside from the articles being voted on, there will also be voting for town boards. They’re listed below, as well as a sample ballot:

Two (2) Selectmen for 3-year terms
Two (2) Budget Committee Members for 3-year terms
Two (2) Budget Committee Members for 2-year terms
Two (2) Planning Board Members for 3-year terms
One (1) Ethics Committee Member for a 3-year term
One (1) Ethics Committee Member for a 2-year term
One (1) Ethics Committee Member for a 1-year term
One (1) Trustee of Trust Funds for a 3-year term
One (1) Library Trustee for a 3-year term
One (1) Library Trustee for a 2-year term
One (1) Town Moderator for a 2-year term
One (1) Supervisor of the Checklist for a 6-year term
One (1) Supervisor of the Checklist for a 4-year term

http://www.raymondvip.org/Articles2016/2016%20Town%20Ballot.pdf

02/25/2016

The Bottom Line on Cd's then we're on to another topic:

All in all, like any other investment, the practice of using laddered CDs depends entirely on your personal financial goals. Generally speaking, they are great for people who want safety of capital, predictable cash flows and simplicity. CDs are very easy to understand, to access and to structure to meet your financial goals.

On the other hand, the rates of return for CDs are generally low due to the safety they offer. Moreover, they offer no special tax treatment to save money on local, state or federal taxes; therefore, if you are in a high tax bracket, they are difficult to justify. If you are in a low tax bracket, they make a lot more sense.

02/24/2016

One of the suggestions that I will be making to the board is CD Laddering.
Laddering CDs involves spreading your investment across multiple CDs with varying maturity dates. The point is to create a portfolio that produces periodic cash and interest distributions customized to fit your needs.
For example, you could invest $10,000 in 10 CDs to create quarterly cash flows for the next two and a half years (where one $1,000 CD would mature every quarter). As the CDs mature, you simply reinvest the original money into new investments to perpetuate the quarterly cash flows. In other words, a laddered CD portfolio requires constant maintenance, although your local banker can make it less painful by automatically renewing your CDs.

02/24/2016

Here is a snapshot of Estimated Earnings on a High Yield CD....
12 months at and Annual Percentage Yield of 1.05%, which is a little over double of what these accounts are currently seeing:
These estimated earnings are based on the interest rate and assume you do not withdraw funds during the term.
$5,277.58 vs. $2,500 Which one do you like?

02/23/2016

This is one of my favorites in times of market insecurity:
U.S. Treasury securities-
U.S. Treasury securities are direct debt obligations backed by the full faith and credit of the U.S. government. Interest can be paid at maturity or semiannually depending on the type of security. Treasuries usually are issued in $1,000 denominations. Treasuries usually offer lower yields than other fixed income securities because their minimal risk makes them among the safest investments available.

02/23/2016

Heres a little knowledge about Preferred securities

Preferred securities combine the features of bonds and stocks. They represent ownership in a corporation like stocks (though generally with no voting rights) but provide periodic dividend payments like bonds. Most preferred securities are issued in $25 denominations.

Dividends are usually paid quarterly and must be paid to owners of preferred securities before common stockholders. If the issuing company defaults, preferred security shareholders are paid after bondholders but before common stockholders.