Rotary Club of Rutland

This Week’s Rotary Chips, September 22, 2014

Posted by Bates Childress 
on Sep 22, 2014
 

Guests: Lilly Osgood, daughter of Stephanie Osgood.

Brags/Fines:  Mike Coppinger

  • Mike bragged that his dad turned 90 and family took him to lunch
  • Joan paid a fine from last week for her Billy the Bull brag
  • Rich Carlson was fined for being named in the Herald and WCAX regarding Vermont State Fair
  • Kevin Loso announced Rutland County Head Start moved into Community Center
  • Bates Childress bragged that he has a new job starting next week at Opera Saratoga, in Saratoga Springs, NY; but sad that this means he has to leave the club, very thankful for the opportunity to be a member
  • Caprice Hover celebrated her 5-year anniversary with Parent Child Center and took some time to do nothing at all
  • Reed caught 3 brook trout over the weekend
  • Joe Rodolfy bragged that daughter just spent four days in Paris
  • Mark Price celebrated his 29th wedding anniversary

Member Announcements:

  • Lou Scott recommended a book “Leadership According to the US Navy Seals” combining concepts from the Seals and eastern philosophy
  • Brian Perkins presented tokens of recognition to Kwame Dankwa, Caprice Hover & Maria Fish for recruiting new members.
  • Reed Wilcox reminded everyone of upcoming Deer’s (singular possessive) Leap Hike on 10/4 at 11am starting at Inn at Long Trail
  • Kevin Loso said the administration committee has some new committee suggestions for members, please answer the call to serve

President’s Announcements:

  • Discussed concept of club task forces
  • Joan invited Will to discuss Halloween Float project 10/25, who discussed:
    •             Theme
    •             Tasks
  • Bring food donation for GMP
  • Next assembly meeting will be on 10/6

Raffle:  $42/$660 – Brian Perkins held the winning ticket and pulled 6 of diamonds

Guest Speaker: Chuck Rose / Reed Wilcox, Rotarians Live

Reed – financial advisor with Edward Jones, role is to understand clients individual financial needs.  There are those who are educated investors, those who have no knowledge of the investment world and want to delegate, and those who have the knowledge but not the time to manage their own investments.  General move to a more holistic approach to finances, not as much simply buying and selling.  Talked about transparency, knowing costs, fees, etc.  Believes that simply doing the right thing is paramount in decision making.  Leadership comes from consistency and honesty and building reputation.

Chuck – Past President of 3 different Rotary clubs, he’s given blood 80 times, his first time in plane was to go parachuting, he’s run three marathons, had hotel career prior to insurance.  Rotary fit with his passion for impacting the community and world.  Discussed differences between insurance brokers and direct writers.  Talked about exclusions, things that policyholders should be aware of.  Gave tips including remarketing your policy every few years, do an inventory of your own property in case of future loss, higher deductibles = lower premiums.  His firm also offers employment practices, special events, directors and officers liability and other “odd ball” coverages.  Noracaine, Irene flood exclusions, hail storm – 3 biggest events. 

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NOTE:  Bates forgot to mention that his new home is right between the outlets and Six Flags Great Escape, so if you are ever in that area, or headed to Saratoga or Lake George, give him a shout.