2/12/2009
As a follow up to their visit to the Union Hall in November, Mainstay Capitol Management has sent the following letter in response to the recently announced "Memorandum of Understanding 2009 Special Attrition Program" to help our membership.
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Report on Fidelity 401K Investing Seminar 11/14/08
Retirement Planning and Investing
UAW Local 435 invited Mainstay Capital Management, an independent, registered Investment Advisor, to present educational seminars on retirement planning and investing. Mainstay specializes in GM’s 401k PSP (personal savings plan) as well as in recent SAP’s. Two seminars were held at the Union Hall on November 5. Over 60 active and retired members along with their spouse attended.
David Kudla, CEO and Chief Investment Strategist, Don Whitton, Director of Financial Planning and a Senior Portfolio Executive, and Kim Forman, Director of Seminar Services, presented the seminars.
Seminar topics included:
- Strategies for successfully managing your PSP, SSPP, IRAs, and other
investments
- Five costly investment mistakes and how to avoid them
- Managing investment risk in today's volatile markets
- Investment strategies for a bear market
- How to "recession-proof" your portfolio
- Seven challenges facing retirees today
- Traditional versus Roth 401(k) option
- Rollover IRAs - The Annuity Trap
- Financial markets outlook
If you were unable to attend one of the educational seminars, you can call 1-866-444-6246 to request an information package or visit www.mainstaycapital.com
Because of the positive response, and the timing of the Plant down weeks, Mainstay Capital Management has agreed to return early next year to give more seminars.
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