Chapter Event Schedule

Coming Events

March PDM

“Common Mistakes Investors Make”

Southern Tier APICS will be joining IEEE and Gold Afinity this month for an informative presentation on a topic of interest to all today. Economic theory assumes people will work to maximize their income. However, behavior often contradicts this theory.
“Why do so many otherwise sensible people make foolish financial choices? Why do so many investors sell great stocks just before they skyrocket or cling tenaciously to lousy ones until they plummet? Why do some Americans overpay when they buy a house while others reap too little when they sell their home? And why are so many shoppers willing to spend more for a product bought on credit than with cash? Indeed, whether in the stock market or in the supermarket, most of us keep making financial faux pas that cost us thousands of dollars every year.” - Gary Belsky and Thomas Gilovich, Why Smart People Make Big Money Mistakes
Fortunately, many of the most common and costly money blunders we make can be explained – and corrected – by the new science of “behavioral economics.”
This talk describes the paradoxes of how “people spend, invest, save, borrow and most important, waste money”, and why their approaches to these activities are often counterproductive. You will learn behavioral tips to enable you to enjoy greater financial freedom.
Date: March 16, 2010
Location: On Target Technology.

Directions: http://www.ontargettechnology.com/files/OTTDVisitorGuide09.pdf
Endicott, NY (607) 755-4990

Hosts: The Binghamton Section of IEEE (www.ieee.org/binghamton) and GOLD affinity group.

Agenda:
5:30 PM – Networking
6:00 PM – Dinner
6:30 PM – Presentation and Discussion
Deli sandwiches, snacks and drinks will be served.
Cost: IEEE Members: $10; Non-members: $15.
RSVP via email to Socci@ieee.org and pay at the door.
Speaker: Harold Sasnowitz, Financial Planner, Professional Asset Strategies, LLC
Harold Sasnowitz received the BEE degree from Cornell University, an MS in Computer Systems from Binghamton University, and an MBA from the University of Phoenix. He’s a Senior Member of IEEE, and was actively involved in the Binghamton Section, serving as the Section Chairman for three years, the Area Chairman for six years, the Region Vice Chair for two years, on the Region 1 Awards committee for seven years, and the Region Bylaws Chairman for 3 years. He retired from Lockheed Martin in December 2006 after working in Owego as an engineer and program manager.
A year before retirement he started preparing for his second career as a financial planner by taking a series of courses approved by the Certified Financial Planner Board of Standards, through the College for Financial Planning Professional Education program. He successfully completed that program in early 2007, and passed the Certified Financial Planner exam in July. Harold opened the Binghamton office of Professional Asset Strategies in downtown Binghamton, in 2007. Professional Asset Strategies is a Registered Investment Advisory firm providing fee-only investment management and financial planning services.