w e i v e R
Estates of Russell Creek Estates of
Russell Creek October 2010
Volume 4, Issue 10
Official Publication of The Estates of Russell Creek Homeowners Association
october
Yard of the Month
Wishing
Everyone
The ERC Landscape Committee has selected 8405 Becket Circle for October Yard of the Month. The home of Charles and Jane Wiley is nicely landscaped with beautiful begonias, crepe myrtles, and neatly trimmed shrubs. They also have a nice placement of pottery in their flower bed for a dramatic effect. The Wiley’s will receive a $25 gift certificate from our Yard of the Month Sponsor, Calloway’s Nursery. Thank you Charles and Jane; the ERC HOA appreciates all your hard work!
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A Safe &
Estates of Russell Creek Homeowner's Association Newsletter - October 2010
Estates of Russell Creek erc board members David Oldani, President....................................972-731-6244 Roger Smith, Vice President..............................972-712-2722 Carlos Amaral, Secretary...................................972-712-2452 Chris Milligan, Treasurer...................................469-633-1238 Jeff Moore, Director..........................................972-712-6065 Michelle Cunningham (Director)......................214-387-8840 Jeppe Heidemann (Director).............................972-377-9476 Dan Estep, Assoc. Manager (CMA)...................972-943-2856
newsletter info Editor Dave Oldani.....................
[email protected] Publisher Peel, Inc........................ www.PEELinc.com, 512-263-9181
[email protected], 512-263-9181 Advertising Information Please support the businesses that advertise in the Estates of Russell Creek Review Community Newsletter. Their advertising dollars make it possible for all Estates of Russell Creek residents to receive the monthly newsletter at no charge. No homeowners association funds are used to produce or mail the newsletters. If you would like to support the newsletter by advertising, please contact our sales office @ 512-263-9181 or advertising@ PEELinc.com. The advertising deadline is the 20th of each month for the following month's newsletter.
At no time will any source be allowed to use the Estates of Russell Creek Community Newsletter contents, or loan said contents, to others in anyway, shape or form, nor in any media, website, print, film, e-mail, electrostatic copy, fax, or etc. for the purpose of solicitation, commercial use, or any use for profit, political campaigns, or other self amplification, under penalty of law without written or expressed permission from the Estates of Russell Creek Association and Peel, Inc. The information in the newsletter is exclusively for the private use of Estates of Russell Creek residents only. DISCLAIMER: Articles and ads in this newsletter express the opinions of their authors and do not necessarily reflect the opinions of Peel, Inc. or its employees. Peel, Inc. is not responsible for the accuracy of any facts stated in articles submitted by others. The publisher also assumes no responsibility for the advertising content with this publication. All warranties and representations made in the advertising content are solely that of the advertiser and any such claims regarding its content should be taken up with the advertiser. * The publisher assumes no liability with regard to its advertisers for misprints or failure to place advertising in this publication except for the actual cost of such advertising. * Although every effort is taken to avoid mistakes and/or misprints, the publisher assumes no responsibility for any errors of information or typographical mistakes, except as limited to the cost of advertising as stated above or in the case of misinformation, a printed retraction/correction. * Under no circumstances shall the publisher be held liable for incidental or consequential damages, inconvenience, loss of business or services, or any other liabilities from failure to publish, or from failure to publish in a timely manner, except as limited to liabilities stated above.
Classified Ads Personal classifieds (one time sell items, such as a used bike...) run at no charge to Estates of Russell Creek residents, limit 30 words, please
[email protected] Business classifieds (offering a service or product line for profit) are $50, limit 40 words, please contact Peel, Inc. Sales Office @ 512-263-9181 or
[email protected].
business Classifieds Grill Cleaning Service. Love to cook, but really don’t have the time or desire to clean the grill? Call GRILL P.C.S. and plan your next cookout! Call today for a free estimate. Call 972-467-5435.
Estates of Russell Creek Homeowner's Association Newsletter - October 2010
BUSINESS FORMS NEWSLETTERS FLYERS ENVELOPES LETTERHEADS NCR SNAP APART FORMS RUBBER STAMPS BUSINESS CARDS
Solving all your printing needs.
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Estates of Russell Creek Financial Focus
Value Averaging – A Discipline for Saving
Some have asked, “When the stock market is in a downturn, would it not be a good practice to increase contributions to your investment accounts, thus buying more shares at a lower price? And when the market has provided a high return, would it not make sense to scale back contributions, buying fewer shares at the higher price?” Yes, and of course this is the essence of what investors wish to do, namely buy low and sell high. But what is an actual practice which will force you to do it? After all, putting money into the market when the market is down can give a person a queasy feeling. Yet it is that very behavior which investors need to cultivate if they are ever to sell high. Enter value averaging (also known as dollar value averaging). VA refines the practice of dollar-cost averaging, which is more widely known. Either technique helps you reduce risk because you are buy shares at a variety of prices throughout the year instead of buying all the shares at a single price. When prices are dear, you buy fewer and when they go on sale you buy more. VA is good because you start with a goal in mind of how much you can invest and an expected rate of return. Example: You wish to accumulate $450,000 over the next 20 years. If you figure you can earn an annualized 8 percent, then you would need to put away about $820
Copyright © 2010 Peel, Inc.
per month. You can then chart your progress month by month towards that goal. Now let’s look at the “value” part of value averaging. Assume at the end of the first year, instead of having the $9,840 you should have to be on track toward your goal, a downturn in the markets leaves you with just $9,500. That would mean that the next month, instead of investing your usual $820, you would invest an additional $340 to bring your portfolio’s value to where it should have been to remain on track toward your goal. In fact, you would go through this process each month. In months where you fall behind, you would add to the amount you invest each month. And in months where your returns are higher than expected and your portfolio’s value gets beyond where it needs to be, you would scale back your monthly investment, or even possibly end up selling some shares and removing money. The VA discipline forces you to buy when low and buy less (or sell) when high. While it’s not perfect the approach makes sense for many families. The biggest benefit to VA is that it provides a reason and a discipline for saving. Most families are not saving enough to cover their future needs. Source: Michael Edleson, Harvard Business School; CNN; The Intelligent Asset Allocator by William Bernstein. - Submitted by Rich Keith
Estates of Russell Creek Homeowner's Association Newsletter - October 2010
Peel, Inc. Estates of Russell Creek
PRSRT STD U.S. POSTAGE
311 Ranch Road 620 S. Ste 200 Lakeway, TX 78734-4775 www.PEELinc.com
PAID
PEEL, INC.
EC
Pool
Bed/ Bath
Sq. Ft.
List Price
Days On Market
3601 Kalgan
No
3/2
1820
198,000
4
8404 Lancome
No
4/3
2691
234,900
206
8613 Berwick
Yes
4/3
2751
264,900
8
3616 Asbury
No
5/4
3103
299,000
70
8624 Berwick
No
4/4
3166
305,900
61
8308 Young
No
4/4
3479
318,000
159
3800 Blaylock
No
4/4
3288
329,900
43 46
Active Listings
3829 Bonita
No
5/4
3789
384,900
Information on listings provided by NTREIS
Sq. Ft.
Original Price
List Price
$/SF
Days On Market
8808 Shepard
2551
193,500
193,500
75.85
38
3836 Stockport
2645
249,900
249,900
94.48
35
8824 Jennifer
2641
264,900
264,900
100.3
32
Sq. Ft.
Original Price
Sold Price
$/SF
Days On Market
Property #1
2753
279,900
250,400
90.77
163
Property #2
3019
299,500
244,000
86.09
132
Property #3
2975
285,000
266,000
94.12
70
Property #4
2937
285,000
274,000
97.04
61
Property #5
3818
349,000
342,500
91.41
56
Property #6
3822
399,900
390,000
104.63
63
Pending In last 30 days
Sold In last 30 days
Free, up-to-the minute neighborhood information at your fingertips! Sign up FOR FREE today at: www.TheHarkerTeam.com Would you like to see which homes are for sale or have sold in your neighborhood? You can get a FREE market snapshot report that shows you all the MLS listings for any zip code in Plano or anywhere in the DFW area. This report provides the current housing market statistics and trends to help you better gauge market conditions. Just put in your home address and each month a market report will be emailed to you that shows all the homes for sale in your neighborhood, ones that have sold, and how long they took to sell. For buyers, put in the zip code for the area you are interested in, and you will receive a market snapshot report each month showing you all homes for sale in the zip code.
Just one more way Dan Harker and The Harker Team are working for YOU! Dan Harker Harker 5 Star Team Keller Williams Realty 214-957-1111
[email protected]
Estates of Russell Creek Homeowner's Association Newsletter - October 2010
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