Jan 14, 2014 Three Resolutions You Should Keep This Year

Making—and breaking—New Year’s Resolutions is a time honored tradition every January. We’ve all made them and we all know how depressing it can feel to hit February and realize we are never going to learn Mandarin, take a spin class or finish our 6-year-old’s baby book. Research shows almost 90% of resolutions will fail by January 31st of this year but here are three worth making—and keeping!

1. Step it up!
Losing weight is one of the most popular resolutions we make and usually the first one out the door when the local bakery has a buy one get one free sale on donuts. While commendable, setting a lofty weight loss goal without a specific action plan is a sure fire way to find a bearclaw in your hand come February.

This year, scale that resolution back and resolve to take just 2,000 more steps a day. According to the walking site, 2,000 steps equals an extra mile a day, which means roughly 100 extra calories burned. Seem like a pittance? That extra 100 calories could help you lose up to 12 pounds by 2015! Start by buying a pedometer and measuring how many steps you take on a regular day. If you’re like me, it’s a small, small number. Don’t get discouraged, get stepping! Park farther away at the grocery store. Take an extra water cooler break. March while you brush your teeth. It all adds up to a slimmer you this year.

2. Get the essentials.
We’re really hammering it hard this year—it’s time to get your estate documents in order. Getting an updated will, durable power of attorney, and health care directive now can save you and your loved ones time, money, and a lot of headaches down the road.

If sitting down with an attorney, however, and discussing your estate sounds about as fun as having a root canal, resolve to start small this year and get the one document most attorneys agree is the most important—a Durable Power of Attorney. This document grants your “agent” or “attorney-in-fact” the authority to act in your name. Depending on the authority granted in the Durable Power of Attorney your agent can make financial or health care decisions for you immediately or upon your disability.

3. Smile.
Could it be possible to smile your way to better health and a stress free life? According to a new study in Psychological Science, when your grandparents told you to “grin and bear it” they were on to something. The study suggests the act of smiling while in a stressful situation can actually improve your mood and reduce the intensity of your body’s natural stress response. The research showed the best results came from a full, natural smile, but participants who gave polite-smiles still saw some reduction in stress levels. So go ahead: say cheese, show those pearly whites, smile till your mouth hurts and have a happy, healthy 2014.

Sources: http://www.livestrong.com/article/18859-health-benefits-smiling/
http://online.wsj.com/news/articles/SB10001424127887323699704578326363601444362
http://www.thewalkingsite.com/

The opinions expressed in this material are for general information only and are not intended to provide specific advice or
recommendations for any individual. To determine which investments may be appropriate for you, consult your financial advisor prior to investing.
Securities offered through LPL Financial, member FINRA/SIPC. Investment advice offered through Leonard Rickey Investment Advisors, P.L.L.C, a registered investment advisor and separate entity from LPL Financial.

Company News

Community Involvement: West Valley Dollars for Scholars

New Client Portal Experience

Changes Coming in Early 2022 to Your Financial Portal

What We are Thankful For

Changes Coming in Early 2022 to Your Financial Portal

Market Commentary

Market Update: May 2022

2022 1st Quarter Investment Commentary

Market Update: February 25, 2022

2021 4th Quarter Investment Commentary

2021 3rd Quarter Commentary

Retirement Planning

Student Loan Update

Unclaimed Property and Retirement Benefits

Medicare Open Enrollment for 2022 Begins October 15

Taking Advantage of Employer-Sponsored Retirement Plans

The Huge Cost of Doing Nothing

Tax Planning

Do I Need to Start Making Federal Estimated Income Tax Payments?

Reminders as you Prepare your 2021 Taxes

Washington State Long Term Care Tax on Pause

2021 1099 Release Information

2022 Key Financial Data

Cyber Security

Cybersecurity 101

New Changes to Web-Portal Password Requirements

Equifax Data Breach Update: Make a claim today

Cybersecurity 101

Beware of Phishing

Important Disclosures

Leonard Rickey Investment Advisors, PLLC (“LRIA”), is an SEC registered investment adviser located in the State of Washington. Registration does not imply a certain level of skill or training. For information pertaining to the registration status of LRIA, please contact LRIA or refer to the Investment Adviser Public Disclosure website (www.adviserinfo.sec.gov).

This is provided for general information only and contains information that is not suitable for everyone. As such, nothing herein should be construed as the provision of specific investment advice or recommendations for any individual. To determine which investments may be appropriate for you, consult your financial advisor prior to investing. There is no guarantee that the views and opinions expressed herein will come to pass. This newsletter contains information derived from third party sources. Although we believe these third-party sources to be reliable, we make no representations as to the accuracy or completeness of any information prepared by any unaffiliated third party incorporated herein and take no responsibility therefore.

Any projections, forecasts and estimates, including without limitation any statement using “expect” or “believe” or any variation of either term or a similar term, contained here are forward-looking statements and are based upon certain current assumptions, beliefs and expectations that LRIA considers reasonable or that the applicable third parties have identified as such. Forward-looking statements are necessarily speculative in nature, and it can be expected that some or all of the assumptions or beliefs underlying the forward-looking statements will not materialize or will vary significantly from actual results or outcomes. Some important factors that could cause actual results or outcomes to differ materially from those in any forward-looking statements include, among others, changes in interest rates and general economic conditions in the U.S. and globally, changes in the liquidity available in the market, change and volatility in the value of the U.S. dollar, market volatility and distressed credit markets, and other market, financial or legal uncertainties. Consequently, the inclusion of forward-looking statements herein should not be regarded as a representation by LRIA or any other person or entity of the outcomes or results that will be achieved by following any recommendations contained herein. While the forward-looking statements here reflect estimates, expectations and beliefs, they are not guarantees of future performance or outcomes. LRIA has no obligation to update or otherwise revise any forward-looking statements, including any revisions to reflect changes in economic conditions or other circumstances arising after the date hereof or to reflect the occurrence of events (whether anticipated or unanticipated), even if the underlying assumptions do not come to fruition. Opinions expressed herein are subject to change without notice and do not necessarily take into account the particular investment objectives, financial situations, or particular needs of all investors.

For additional information about LRIA, including fees and services, please contact us for our Form ADV disclosure brochure using our contact information herein. Please read the disclosure brochure carefully before you invest or send money.