ICYMI: 2 state school board debates set for this week
SALT LAKE CITY — Today, Sutherland Institute, as a member of the Utah Education Debate Coalition, will co-host the first primary debate for the Utah State Board of Education. These debates will be streamed live on the Sutherland Institute Facebook page.
Candidates in District 9 (Lehi, American Fork and Alpine area) will debate tonight. Those in District 6 (Kearns, Taylorsville and West Jordan area) will debate on Wednesday.
Four candidates in District 9 and three in District 6 are seeking seats on the 15-member state board of education. Candidate bios and details for the two debates are listed below.
From Sutherland Education Policy Director Christine Cooke:
“The truth is the Utah State Board of Education election is woefully underestimated,” Cooke said. “Few people know anything about the important work the board does and even less about who their candidates are. That’s why Sutherland Institute is proud to be a continuing part of the Utah Education Debate Coalition, a group that facilitates and promotes candidate debates for the state board of education races. Voters deserve to have an informed vote about Utah’s State Board of Education leaders on Election Day, and we believe this debate series can help.”
EVENT DETAILS
*This event is open to the public and media*
DISTRICT 9 DEBATE
WHEN: Tuesday, June 5, 7-8 p.m.
*Each debate will be followed by a meet and greet session beginning at 8 p.m.*
WHERE: Mountainville Academy, 195 S. Main St., Alpine 84004
CANDIDATES:
DISTRICT 6 DEBATE
WHEN: Wednesday, June 6, 7-8 p.m.
WHERE: Entheos Academy – Kearns Campus, 4710 W. 6200 South, Kearns 84118
*Each debate will be followed by a meet and greet session beginning at 8 p.m.*
CANDIDATES:
Speaker Hughes and Senator Dabakis to host a news conference to discuss the inland port
What:
Speaker Greg Hughes and Senator Jim Dabakis will host a press conference to discuss a compromise framework for SB 234, Utah Inland Port Authority, and the future inland port in the Northwest Quadrant of Salt Lake County.
Who:
Speaker Greg Hughes
Senator Jim Dabakis
When:
Tuesday, June 5, 2018, at 10:30 a.m.
Where:
Utah State Capitol – Centennial Room
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3 Reasons the ‘Downs’ Have Greater Impact In An ‘Up and Down’ Stock Market
After a relatively calm 2017, stock market investors had to buckle their seat belts this year. Since the end of January, the S&P 500, Nasdaq and Dow Jones industrial average have all taken investors on a roller coaster ride.
The wild swings bring with them a variety of “get rich quick” stock picks and many investors may be tempted to only look at the upside. But Brian Decker, a financial planner and founder of Decker Retirement Planning Inc. (www.deckerretirementplanning.com), says that it is much more important for investors to consider the downside in turbulent markets.
“Recovering from a bad choice takes longer and is more expensive than most investors acknowledge,” Decker says. “People who are trying to build retirement income are especially at risk during volatile markets.”
Decker uses this example to explain why it takes longer to recover from a bad investment than to profit from a good one:
“If you invest $100 in a stock and it loses 50 percent, the investment is now worth $50. If tomorrow that same stock goes up 50 percent, (which would be $25) that stock is now worth $75. So the investor has lost $25 even though the stock lost and gained the same percentage.”
Decker says the same thing happens even when the gain happens first and the loss comes afterward.
If you invest $100 in a stock and it gains 50 percent, it is now worth $150. But if it loses 50 percent tomorrow, it is now also worth $75. “Either way, the investor has lost 25 percent of the value even though the stock went up and down the same percentage,” he says.
Decker says there are several reasons investors should consider the downside of a stock more than the upside in this volatile market. Those include:
< >We are overdue for a crash: Markets have a history of going through seven to eight year cycles. The last time the bottom of the market hit was in 2008, so the current market is overdue for a crash, he says. A downturn would mean some investors may need to work through retirement: A market crash can push retirement plans back years. It will take an average of two years to break even from a 20% loss. But the time it takes to recover increases the larger the investment. For a 40 percent loss, it will take 4.8 years. So if your investments are planned with a particular investment date, those plans could be upended.The bulls may take awhile to recover: It is possible the stock market is now leaving an 18-year flat market cycle. If that is true, the market would still have to crash before an eight-year bull market can return. www.Deckerretirementplanning.com), has more than 30 years of experience in asset management and has worked for several brokerage firms. He became a fiduciary in 1995 and since then has created several investment models and honed his risk-management skills with a focus on investment models designed to make money in up or down markets. He has a degree in finance and marketing from the University of Washington.
