Two YPGNY Events Help Local YPs Focus on Their Finances

Can you believe this market? Well, many Young Professionals may be having trouble wrapping their heads around the current economic crisis so the Young Professionals of Greater New York (YPGNY) organized two events in December and January to offer a helping hand to fellow YPs.

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“Market Volatility: Structuring Your Investments for Long Term Security” (Dec. 3)

Over 50 guests filled AGBU Central Office in Manhattan on Wednesday, December 3, 2008, to have these questions answered (and more) during a discussion on “Market Volatility: Structuring Your Investments for Long Term Security,” hosted by YPGNY.

Guests enjoyed a reception of wine and hors d’oeuvres followed by a presentation by Shahe Galstian, Financial Advisor at Merrill Lynch, Taylor Hanex, VP & Senior Financial Advisor at Merrill Lynch, and Marc Furgang, VP at Lord Abbett & Co. The investment managers reviewed the current financial crisis, and offered hope for the future through wise investment strategies, an exploration of styles of stocks, bonds, mutual funds, annuities, and managed money, with insight into diversification, and the right options for retirement.

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“Even Buffett Isn’t Perfect” (Jan. 14)

Following on with their financially-focused mini lecture series, on January 14, 2009, YPGNY hosted a lecture by Forbes’ Chief Investment Strategist Vahan Janjigian, author of “Even Buffett Isn’t Perfect.” A crowd of about 40 guests listened intently as Vahan demystified the mind and tactics of the richest man in the world and the one investor whose secrets everyone wants to know – Warren Buffett. Janjigian explained Buffett’s long-term buy-and-hold approach to investing and the key differences between growth and value stocks. Following his lecture, guests were able to have their questions answered by Janjigian and purchase an autographed copy of his book.

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