La Quinta Gem December 2018 by Greater Coachella Valley Chamber of Commerce

DECEMBER 2018

HAPPY HOLIDAYS IN LA QUINTA

GCVCC.ORG

THE VOICE OF BUSINESS

LA QUINTA CHEVROLET CADILLAC

A NEW FAMILY-OWNED AND OPERATED DEALERSHIP 79225 Highway 111 La Quinta, CA 92253 (760) 771-8200 | LQCHEVYCADY.COM

LA QUINTA GOLDEN POLICY

La Quinta Chevrolet & Cadillac is owned and operated by the Isbell Family. Come experience a Car Dealership with a true family atmosphere with genuine sales professionals that spend the time to understand what's important to you in your next vehicle. We strive to make your experience fun and enjoyable. Our friendly service and parts staa will be sure your vehicle needs are addressed eeiciently. We hope to see you and your family here at La Quinta Chevrolet & Cadillac. Sincerely, 2 | GCVCC.ORG

Isbell Family

GREATER COACHELLA VALLEY CHAMBER OF COMMERCE | 3

THANK YOU FOR THE MAJOR SPONSORSHIP PROVIDED BY The Greater Coachella Valley Chamber of Commerce (GCVCC) was created in 2016 in cooperation with the former Coachella, La Quinta, Cathedral City and Indio Chambers, along with the Cabazon Band of Mission Indians and Twenty-Nine Palms Band of Mission Indians. It enhances and significantly improves the way businesses interact with each other and the community in the entire Coachella Valley. As a Regional Chamber, the GCVCC delivers services and benefits to its members on a scope not seen before in the area.

GCV LA QUINTA CHAMBER BOARD OF DIRECTORS

THE GEM PRODUCTION TEAM

eMBe | Editorial & Creative The Gem is an official publication of the GCVCC. Circulation: Approximately 23,000. Distributed free to all residents, Chamber members and businesses in La Quinta. To advertise please call (760) 347-0676. Please Note: The opinions and views expressed in all editorial material are those of the writer or person interviewed and are not necessarily those of the GCVCC, its Board of Directors, or the advertisers in The Gem. The GCVCC endorses no person, political candidate or opinion unless specifically stated. The Gem reserves the right to reject certain advertising submissions. For a list of advertising standards, please contact staff. The Gem reserves the right to edit all submissions for grammar, length, and questionable content. Advertisers please note that colors may look slightly darker, or slightly lighter due to variables in the printing 4process. | GCVCC.ORG Questions or comments? Email us at info@GCVCC.org or call (760) 347-0676.

DECEMBER 2018 | CONTENTS CHAIRMAN’S MESSAGE

BUSINESS PROFILE: ASPEN MILLS

HOLIDAY SHOPPING IN LA QUINTA

A CITY OF HOLIDAY CHEER

‘TIS THE SEASON TO PROTECT YOUR GIFTS

WHAT’S HAPPENING IN OLD TOWN

CITY NEWS

14-19

VOLUNTEERING PUTS THE HEART IN ART

USE YOUR BENEFITS

SMART CHARITABLE TAX STRATEGIES

GROWING UP DIGITAL

LQ SNAPSHOT: LA QUINTA MUSEUM

BIKE FOR YOUR HEALTH

DEATH BY EUPHORIA

TAKE IT AND BAKE IT YOUR PIZZA, YOUR WAY, ANYTIME OF DAY. WE MAKE IT, YOU BAKE IT!

STUFTPIZZABARANDGRILL.COM OLD TOWN LA QUINTA | WESTFIELD PALM DESERT

#sharethegoodstuft GREATER COACHELLA VALLEY CHAMBER NEW MEMBER SPOTLIGHT

29 GREATER COACHELLA VALLEY CHAMBER OF COMMERCE | 5

BECKY FOSSUM PRIVATE GOLF LESSONS PLAYING LESSONS JUNIOR GOLF LESSONS TIP & SIP (THURS) GOLF SCHOOLS LADIES GOLF & SPA

CHAIRMAN’S MESSAGE

SHORT GAME CLINICS SHO

Submitted by: Jeff Fishbein, Chairman | Coldwell Banker Residential

COLLEGE GOLF PREP

Brokerage It’s that time of year again, my friends… the countdown to a new year. In just a few short weeks the turkeys are carved with family and friends - leaving just enough time for the tree lights to be strung, stockings to be hung, dreidels to be spun, and for us to be dazzled by the candle light. It really is the most wonderful time of the year. This holiday season the La Quinta Chamber of Commerce is encouraging all our residents to please shop local. You will see a multi-media campaign from the chamber with this message throughout the shopping season. While we want to support our local business owners, remember shopping local is so much more than that. The money we put back into our community goes directly into our city infrastructure, our neighborhoods, even into our own homes. We all thrive when we shop local! Now, before we pop the champagne and ring in 2019, I want to take a minute to thank you all for allowing me into your homes each month. I have made it my goal to try and form a very special bond with each of you through this monthly message. I hope my recent articles have educated and informed you about the many events and services the Greater Coachella Valley Chamber of Commerce sponsors for The Gem readers and the La Quinta community each month. I look forward to sharing more desert adventures with you in the New Year. Wishing a safe and happy holiday season to you and yours! I hope to see you out and about… Jeff Fishbein is a REALTOR with the desert’s leading Coldwell Banker Residential Brokerage. Jeff has tremendous success in helping home sellers and buyers with a 5 Star rating on Zillow.com. Jeff’s motto is COMPETENCE, KNOWLEDGE & RESULTS. Jeff is also very active in La Quinta , serving as the past and current Chairman of the GCV La Quinta Chamber of Commerce and sits on the Board of Directors of the CVRM.

6 | GCVCC.ORG

ACADEMY PRO GOLF EXPERIENCE

SilverRock RESORT (LA QUINTA, CA)

(253)576-3130 FIND ME ON THE WEB

BECKYFOSSUMGOLF

with no preservatives. We try to keep all our products healthy and natural. How is your catering schedule this time of year? Our catering schedule gets heavy this time of year. Our business has gotten very good at caring large groups. We can do lunch box and catering for over 1,000 people at one event. We have catered the music festivals, art festivals, tennis gardens and much more.

BUSINESS PROFILE: ASPEN MILLS Submitted by: GCVCC Staff

Nothing says your home for the holidays like the smell of fresh baking coming from the kitchen. Fortunately for valley residents, a little bit of home can be found in one of our local businesses, Aspen Mills Bakery & Bead Company. Aspen Mills Bread Company has been in the business of baking premier breads, muffins, cookies and pies for more than 20 years. While they are best known for their artisan breads, they are much more than that. Gourmet sandwiches and fresh healthy salads make a visit to Aspen Mills a treat, and an adventure.

You expanded your locations to La Quinta, what was the attraction to our city? We had been looking to open an east valley location for five years. The family felt like La Quinta was a great fit for our brand and we love the community, hey have been so supportive. It was also a versatile location close to the cove and highway 111, which helps us deliver across the east valley. Is there anything else you would like to add? We have a great team and everyone that works here loves the city and customers. We really appreciate the many regular customers we have already gained in a short time. If you have visited us yet, please do so! We have over 30 different kinds of breads and over a dozen types of muffins. There is something for everyone!

We recently sat down with the owners Jimmy and Ann-Marie Stewart to discuss what makes their business special. What is Aspen Mills? A bakery and a sandwich shop. We are a leader in specialty breads with a great lunch menu. Tell us about the business and the La Quinta location? Our business is a locally owned and operated family business. Members of our family purchased the Palm Springs location twenty years ago. Two years ago, we opened the La Quinta location. We both work the business while raising our three young boys. Do you all do anything special at the store for the holidays? During the holidays we do fresh baked gift baskets, holiday pies and dinner rolls. Holiday pies are pumpkin, Kentucky Derby and an assortment of fruit pies. Kentucky Derby is a chocolate pecan pie. We create all our pies from scratch using high quality ingredients

GREATER COACHELLA VALLEY CHAMBER OF COMMERCE | 7

Books La Quinta is full of peaceful spots to crack open a book and relax, so it’s a gift sure to be well received. Stores like Walmart and Kohls always carry a wide assortment of books. Games and Toys

HOLIDAY SHOPPING IN LA QUINTA Submitted by: GCVCC Staff The busiest shopping season of all is here and #shoplocal is the name of the game. When shopping for family and friends it can be hard to know where to start. Luckily, we’ve come up with a list and checked it twice. Here’s what to buy and where you can get it in La Quinta.

Food and Drink La Quinta is full of dining options for everyone’s tastes, and gift cards from any of them will be sure to please. Enjoy a scenic culinary experience at La Quinta Cliffhouse or grab a slice of award-winning pizza at Stuft Pizza Bar and Grill. If you’re looking to give a nice nightcap, check out La Quinta Brewing Company Taproom or Arnold Palmers Restaurant.

Gift Cards Gift Cards are an easy quick fix for the last-minute shopper or the person on your list you just don’t quite know what to get. Most stores will offer gift cards or vouchers you can gift to family and friends. There’s nothing better than getting a gift card from one of your favorite spots in Old Town La Quinta or your favorite shopping spot on Highway 111.

All of your Holiday shopping needs are covered in La Quinta. We’ll see you in the checkout line!

Clothing Whether it’s boutique or the latest popular brand, you’re sure to find that perfect outfit around town. Hop into Lulu’s and grab that one of a kind sweater. Or take a trip to the newly renovated Target for the coolest styles for all ages. If you’re shopping for your favorite toddler, drop into Jadabug’s and find that outfit for the perfect family photo. No matter what your taste, La Quinta has you covered.

8 | GCVCC.ORG

Head into Big 5 sporting goods for all of your sports and outdoor needs. Game Stop has a large selection of the latest video games for gamers of all ages. Finish your shopping spree off with some old fashion board games available at most department stores.

Were you born in

1954?

Call us to review all your Medicare options. Now in Old Town La Quinta

760-346-6565

Medicare Made Easy Learn more at FouldsandFeldmann.com

CA License #0G69218

GREATER COACHELLA VALLEY CHAMBER OF COMMERCE | 9

Another free event to attend is the Historic Casita Lighting held at the La Quinta Museum. The event is held on December 5th from 5PM to 6PM. The lighting of the Casita is accompanied by a Mariachi band and refreshments. In addition to the festivities, the museum collects unwrapped toys and books at the event to be donated to the Galilee Center. Don’t forget to go shopping!

A CITY OF HOLIDAY CHEER

A truly unique community with a true sense of holiday pride. La Quinta lights up and invites you to celebrate the holidays with them this year.

Submitted by: GCVCC Staff

The Holiday season holds a special place in La Quinta. While the town has become a haven to many celebrities and tourists throughout the years, the city and it’s residents, museum, and resorts continue to nourish and create a holiday experience all its own. With two tree lightings happening within weeks of each other, you get to experience an almost continuous holiday celebration around the city. While the La Quinta Resort is holding their lighting on November 24th, the city brings the twinkle and glow to Civic Center Park on Friday, December 7th from 6PM to 8PM. Each year residents come in droves to celebrate with the City Council and staff as festivities lead to the big finale, the lighting of the City Christmas Tree. The event opens with an assortment of performances and music while the community awaits the countdown to the lighting of their tree. Best of all, both events are free and open to the public. The resort celebrates their official kickoff to the holiday season with their annual tree lighting ceremony, a decades-old tradition. While waiting for the big show you can enjoy carolers, cookies, hot chocolate, chestnuts roasting and a special appearance by the Jolly Old Elf himself, Santa Claus. 10 | GCVCC.ORG

✓

VOTED

BEST RESTAURANT 2018

Temperature controlled outdoor pa/o! INTRODUCING

HAPPY HOUR MON-SAT 3pm-7pm

78085 Avenida La Fonda La Quinta, CA (760) 564-8744 www.FortunsKitchen.com

POSTAL CONNECTION YOUR ONE STOP SHOP

Your Favorite Locksmith Company 2 Locations in our valley

WHATEVER IT IS, CONSIDER IT DONE OUR SERVICES

• Shipping • Packaging • Office Supplies • Moving Supplies • NOTARY • Mailbox Rental

• Gifts • Faxing • Shredding • Scanning • Laminating • Greeting Cards

• Printing • Business Cards • Banners • Brochures • Binding • Copies

81581 Hwy 111 Indio 68100 Ramon Rd. Cathedral City

YOUR LOCAL NEIGHBORHOOD SHIP CENTER IN TWO CONVENIENT LOCATIONS! Indio Jefferson & 50th Ralphs Shopping Center 49950 Jefferson St Ste. 130, Indio, CA 92201 760-771-1428 Email: indiopostal@gmail.com Store Hours: Mon-Fri 9am-5:30pm Sat 9am-4pm (THIS LOCATION IS UNDER NEW OWNERSHIP) La Quinta Washington St Ste. 2C La Quinta, CA 92253 760-564-5969 Email: Lqpostal@gmail.com Store Hours: Mon-Fri 9am-5:30pm Sat 9am-3pm

Mention this ad and get 3 months free with an Annual Mailbox Rental

‘TIS THE SEASON TO PROTECT YOUR GIFTS

Submitted By: Motz-Rusin Insurance Agency I am sure many of you will be buying and receiving gifts this holiday season. Have you ever thought that you might need extra insurance for them? Did you receive a special piece of jewelry, fur or an expensive electronics item as a gift from a loved one? If so, the value of that kind gift may exceed the specified limits on your homeowner’s insurance policy. Those items are normally insured by your homeowner’s or renter’s insurance, but that coverage is most likely limited, especially on a high-ticket item. Your homeowner’s or renter’s policy might pay only a small reimbursement if these items are stolen or damaged. For this reason, you may need to purchase an Insurance Rider/Floater.

Mention this Ad and receive $10 off entire job. Contractor Lic# 502929

760-568-5397 www.valleylock.com your insurance policy. The Holiday Season is the busiest time of year for most, planning, preparing and purchasing gifts for everyone to enjoy. Thieves also enjoy this time of year! Hence, it is so important to keep your home and valuables safe, secure and protected. Insurance companies see huge increases in theft claims this time of year. Insurance is the last line of defense against financial loss. Don’t take a chance. Give your insurance agent a call to protect your valuables. Motz-Rusin Insurance Agency is a Father/Son Independent Insurance Agency with over 34 years in the insurance industry. For further information on insuring your valuables contact Motz-Rusin Insurance Agency at 760-564-3888 or go to www. MotzRusin.com. License # OM26924

Insurance Rider/Floater: Who Needs It? To provide additional coverage and to insure against additional risks, consumers who purchase an expensive item might want to consider a Rider or Floater, which is sold as an add-on to a homeowner’s or renter’s policy. This will provide additional coverage for those items if they exceed the limits of your current policy. A Rider or a Floater is for expensive items such as jewelry, electronics, camera equipment, collectibles, furs, art, fine furniture, antiques, and fine rugs. If you’re considering getting a policy to protect your jewelry, you will need to get an appraisal first because your premium will be based on that amount. If something should happen to the item, you would be covered up to that dollar amount. Be sure to keep the appraisal and the receipt for the purchase with

GREATER COACHELLA VALLEY CHAMBER OF COMMERCE | 11

That’s right—you will receive a $20 Old Town gift certificate when you present your receipts for $100 worth of purchases in our Old Town La Quinta retail shops on First Thursday, December 6th from 5 to 8 p.m. Treat yourself to something special or select unique holiday gifts with this special savings opportunity. Offer limited to one gift certificate per customer.

WHAT’S HAPPENING IN OLD TOWN? Submitted by: Old Town La Quinta

This holiday season at Old Town we have special events for wine lovers and Francophiles, foodies and holiday shoppers along with that easy-going feeling that offers an escape from it all. Whether you want to celebrate the season or just relax, come on by! Barnett Vineyard’s Wine Dinner at The Grill on Main Barnett Vineyards from Napa Valley will do a wine-dinner takeover at The Grill on Main on Thursday, December 6th at 7 p.m. Four exquisite wine and food pairings will be featured:

A New Indulgence: Holiday Desserts from La Petite Cafe & Patisserie Have you ever tasted a macaron from Paris or had a crepe made-to-order? Other delights such as petit fours, Italian Cornetti’s Bombolini’s, Tiramisu are just a few of the European delights available at La Petite. Fresh-baked croissants and pastries are also the perfect complement with their fresh-brewed, Organic Oakwood Roasted Coffee. Tray of these beautiful dessert are available for the holidays! Celebrate New Year’s Eve at Old Town! We’re celebrating New Year’s Eve with dinner and champagne at Solano’s West Coast Bistro, The Grill on Main and Old Town Tavern. For after-dinner drinks and late night desserts check-out our new Landmark Lounge. Formerly The Wine Emporium, Landmark Lounge offers liquor as well as wine, beer and a lite menu and live music on weekends.

Chardonnay with Scallop Carpaccio – Pan-seared and thin sliced, shaved radish, cucumber, pickled red onion, microcilantro & truffle ponzu sauce. Pinot Noir with Prosciutto Wrapped Pacific Snapper – Artichokes, Green Beans, Creamy Polenta & Piperade Suace Merlot with Australian, Dijon-encrusted Lamb Chops, Lamb Jus & Mediterranean Cauliflower Wishing you a happy and healthy 2019! Cabernet with Balsamic-Braised Short Ribs, Smoked Tomatoes, Romano Cheese & House Risotto.

Entrepreneurs Wanted!

Space is limited. For reservations call 760-777-7773 $75 per person

Prepare for the New Year by leasing an office retail or restaurant space at Old Town. For more information call our Leasing office at 760-600-0758 or visit the Leasing page at www.oldtownlaquinta.com.

Come early and enjoy Parisian jazz musician Jeremie Levi Samson Trio a La Francaise from 5:00 to 8 p.m. on the lawn on this First Thursday! Shop Local on First Thursday, December 6th from 5 to 8 pm Receive a $20 Gift Certificate when you spend $100 or more at an Old Town La Quinta store! 12 | GCVCC.ORG

Come for the Art, Stay for the Day!

Barry & Rosalind Hage

Experience the Art on Main Street shows in Old Town La Quinta. These colorful events feature over 80 artists who are exhibiting and selling their original works in painting, photography, ceramics, textiles, jewelry and more. Celebrate the arts amidst the charming cafes and boutiques along Main Street!

O l d Tow n L a Q u i n ta Over 80 Artists • Free Admission Live Entertainment • Free Parking Leslee Adams

Art On Main Street January 5 & 19 10am-4pm

Premier Sponsor City of La Quinta

Silvio Silvestri

OldTownLaQuinta.com

Lori Kirsch

facebook.com/artonmainst

Thursday December 6 5-8 pm

THURSDAYS

Jeremie Levi Samson Trio á la Française Performing December 6

live music - dining - shopping Extended Happy hours FREE PARKING & ADMISSION Entertainment may change. Check Facebook to confirm.

Dec 6 & Jan 3 5 - 8pm First Thursday of the Month November 2018 - April 2019

O LD TO W N LA Q U IN TA

Sponsor

78-100 Main Street La Quinta, CA 92253 OldTownLaQuinta.com

Sponsor

facebook.com/OldTownLaQuinta

Premier Sponsor City of La Quinta

GREATER COACHELLA VALLEY CHAMBER OF COMMERCE | 13

PAID ADVERTISEMENT

Bermudas & 52 Sinaloa. Construction is anticipated to begin in the summer of 2019.

CITY MANAGER’S MESSAGE By: Frank J. Spevacek, La Quinta City Manager Happy holidays La Quinta! As I am writing this we are on the eve of Thanksgiving, and we truly to do have much to be thankful for this holiday season. Personally, I want to express appreciation for the giving spirit of our community. I am thankful for the efforts of our elected leaders and city staff that have worked hard all year to keep our community prosperous, to our first responders that keep our neighborhoods safe. Most importantly I am thankful to all of you, our residents, for making La Quinta the Gem of the Desert! We have much to update you on this busy holiday season. City Hall will be hosting an Open House on December 4th at 5 PM. This is an excellent opportunity to mingle with City Council and City staff. Small Bites will be served, all are welcome. Later that week our Annual Tree Lighting will be held on December 7th at Civic Center Park beginning at 6 PM. This free event is a great time for the community to come out and kick off the holidays together. We are excited to welcome the IRONMAN Triathlon on December 9th. This event will begin at Lake Cahuilla at 7 AM and end at the Indian Wells Tennis Garden that evening. Please make a note that many areas around our City will be impacted by this event. We ask that residents check laquintaca.gov for updates as they become available.

We also have updates to share on the HSIP Signal Interconnect and Signal Upgrade Projects. The City has prioritized traffic signal and street sign upgrades to improve signal synchronization and traffic safety in the community. Through two federally funded HSIP grants, for a total of $3 million, the City will make improvements to all traffic signals, equipment and illuminated street signs in two phases. Construction will begin in December 2018 for first phase, focused on sign and signal cabinet upgrades. In the summer of 2019, the second phase will replace the existing communication with fiber optic cable and upgrade the technology of communication equipment. Residents will continue to see North La Quinta landscape improvements. As part of the Capital Improvement Program, the City prioritized the renovation of the public landscape in north La Quinta over a four-year period, investing $10 million towards these beautification improvements. The improvements feature the Desert Oasis landscape palette, which uses hardscape textures with minimal planting to create an aesthetically pleasing environment with lower installation, long-term maintenance, and water costs. The landscape improvements at Quinterra and the Adams Park Basin project are currently under construction, with an expected completion of December, 2018. The Vista Highlands and Ocotillo projects are in the design phase with construction anticipated for Spring or Summer of 2019. Thank you to everyone for your input and support as we work through the many projects underway in La Quinta. Our city and residents are truly on the move, building a strong community we can all be proud of.

Tree

On the subject of fitness, please mark your calendars for a community workshop for January 12th. The community will be invited to attend at the Wellness Center a chance to see what the City has done this past year and vote on what projects we should focus on for 2019. More details to come on our website. On the city infrastructure front, the Village Complete Streets Project is approaching. This $10.5 million Complete Streets project is focused on making roadways safer and more accessible to pedestrians and bicycles in the La Quinta Village. The La Quinta Village Complete Streets project received $7.3 million in funding for construction through a grant program called the “Active Transportation Program”, and the City of La Quinta is investing $3.2 million towards these improvements, including landscape beautification and drainage improvements in the Village area. When complete, the project will construct five Roundabouts in the Village area, to include Tampico & Bermudas, Tampico & Desert Club, Tampico & Eisenhower, Eisenhower & Montezuma, and

14 | GCVCC.ORG

PAID ADVERTISEMENT

LIGHTING CEREMONY

When: December 7 @ 6:00pm

Where: Civic Center Park Free to Attend

Fee: $4 Online registration is available at www.laquintaca.gov RENTALS Having an Event? We’ve got you covered! The La Quinta Wellness Center is available for private rentals! This facility is perfect for your wedding reception, birthday party, company gathering, banquet, neighborhood event, family reunion, or other social event. The multi-purpose room has a capacity of 200 and includes tables and chairs for up to 200 people. An elevated stage and dance floor are included; large kitchen is available for additional fee. Call (760) 564-0096 for more information and pricing.

COMMUNITY SERVICES Online registration available at www.laquinta.ca.gov For more information, please call (760) 564-0096 LA QUINTA HIGH SCHOOL Sunset Yoga

6 – 7pm

M/W

WELLNESS CENTER Creative Wellness Ballroom Dance (Beginning) Ballroom Dance (Intermediate) Friday Social Ballroom Dance

7 – 8pm 6 – 7pm 6 – 7pm

T T (12/21) F

Intellectual Wellness Meditation

6 – 7pm

Physical Wellness Cardio & Strength (Silver Sneakers) Evening Yoga w Alba “New” Gentle Yoga w Karen “New” Gentle Yoga w Karen Personal Trainer (Kristoffer Kepler) Personal Trainer (Lori Farkas) Pilates (mat work) Sunset Yoga (La Quinta High School) Sun Style Tai Chi (Silver Sneakers) Taekwondo (4 years & up) Tai Chi Ch’uan Beginner Zumba

9:45 – 10:30am 5:45 – 6:45pm 10:45am – 11:45am 11am – 12pm 12 – 8pm 12 – 8pm 8:30am – 9:30am 6 - 7pm 10:45 – 11:30am 5 – 8pm 9:15 – 10am 8:30 – 9:30am

Social Wellness Desert Oasis Strummers 2 – 4pm Desert Oasis Strummers Concert 2 – 4pm Social Bridge (Contact center for details)12:30 – 3:30pm Mah Jongg (Contact center for details) 1 – 4pm Wii Bowling 1 – 3pm Woodcarvers 5 - 8pm Power Carvers (Outdoors) 9 - 11am WELLNESS CENTER EVENTS FDecember Lunchon If you like, wear your favorite costume Meet new and familiar friends. Enjoy a delicious catered meal.

M/W/F TH M W M/W/F T/TH W/F M/W M/W/F M/W T/TH T F

(TBD) F

11:15am

M T TH F S

Open House Meet & Greet

(12/20)

PAID ADVERTISEMENT

GREATER COACHELLA VALLEY CHAMBER OF COMMERCE | 15

NOVEMBER 2018 WELLNESS CENTER HAPPENINGS

Help seniors, their caregivers, and their family with resources that provide clear solutions to difficult problems.

Family Hospice Care, Adult group meets on Fridays from 9 - 10am Your local adult bereavement support group is open to all who have experienced the death of someone close. Support is free of charge in a nonreligious, safe and caring environment. First time attendees please call Family Hospice Care office at 760.674.3344 to register.

Stroke & Heart Attack, Tuesday; December 11: 10 – 11am. What you need to know to save your life. Presenter Kate Laferriere, RN, BSN, CCRN – Chest & Pain Coordinator, Heart Failure Nurse, & Stroke Coordinator. Please register with the call center offered by JFK Memorial Hospital 1-844535-6784.

Happiness and Health, Tuesday December 10; 10 – 11am Are you as happy as you would like to be? Are you aware that your happiness level is a powerfulcontributor to your mental health as well as your physical health? A growing body of research has demonstrated not only the importance of increasing our happiness but has also identified specific, effective ways of achieving this goal. I, Petra Schoning, MA, Licensed Marriage and Family Therapist and Board-Certified Master Personal and Executive Coach, will share some background information on this topic and provide you with specific, workable strategies for increasing your own level of happiness. And, yes, the holiday season is a great time to practice some of these new skills. Come join us – I look forward to meeting you!

Look Who’s in the Lobby “Clear Captions,” Wednesday; December 12: 9 – 10:30am How can you qualify for a no cost caption phone? Your local clear captions representative (David Elman), will be available to explain this Federal Program that provides caption phones service to anyone that has difficulty hearing at no cost. Documents may be required.

Look Who’s in the Lobby “Senior Planning Council of the Desert,” Tuesday; December 11: 10 – 12pm

Legal Consultation, Thursday; December 20; 1:30 - 3pm Family law, real estate, estate planning and civil matters can be discussed during a one on one free consultation offered by Desert Legal Aid. Please call for appointment 760-564-0096. Luncheon, Thursday; December 20; 11:15am Meet new friends and visit with familiar friends as we celebrate the season. Local restaurant will cater traditional menu. Fee: $4.00.

COME AND EXPERIENCE

16 | GCVCC.ORG

PAID ADVERTISEMENT

December 9, 2018 TO VIEW RACE INFORMATION AND DETOURS PLEASE VISIT: WWW.IRONMAN.COM/INDIANWELLSLAQUINTA70.3 OR CALL 442.232.0715

NEW FITNESS RATES BEGINNING JANUARY 1, 2019 Resident Rate | $75 per year Non-Resident Rate | $125 per year Get Your Membership Now!

PAID ADVERTISEMENT

GREATER COACHELLA VALLEY CHAMBER OF COMMERCE | 17

IT’S YOUR LIBRARY

La Quinta Public Library is located at 78-275 Calle Tampico. Enjoy FREE programs for all ages. Call (760) 564-4767 for hours. December Book Swap (Ages 18+) Saturday, December 1 @ 10:30am You’re invited to bring at least one book to swap with fellow attendees and discuss your favorite reads of the year. Harry Potter Book Club (Ages 7+) Registration required Saturday, December 8 @ 10:30am Join us for a bonus book club to discuss the play Harry Potter & the Cursed Child written by Jack Thorne, with story by J.K. Rowling, John Tiffany, and Jack Thorne. Holiday Wreaths (Ages 8-17) Registration required Monday, December 10 @ 4pm Create a wreath out of old magazine

18 | GCVCC.ORG

and book pages while enjoying music, hot chocolate, and cookies. Baby Boomer Bingo (Ages 55+) – Registration required Friday, December 14 @ 10:30am Play a fun game for chance to win prizes! Adult Lecture Series: Spot That Spot and Save Your Life (Ages 18+) - Registration highly encouraged Thursday, December 13 @ 4pm Someone dies every 52 minutes from melanoma, the deadliest form of skin cancer. Learn how to protect yourself and perform in-home skin checks. What are the myths and risk factors for skin cancer? Which spots

should be seen by a doctor? Join Timothy Jochen, MD to learn about the different types of skin cancer and current treatment options. Sign up: 760-423-4855 or EisenhowerHealth.org/calendar Winter Fun Night (All ages) Wednesday, December 19 @ 5pm Bring the family for a winter night of stories, music, a craft, game, and hot chocolate! Wake & Make: Craft Group (Ages 18+) Fridays, December 7 & 21 @ 10:30am Like to cross-stitch, knit, crochet, or do any other craft? Bring and work on

PAID ADVERTISEMENT

your own project while enjoying the company of others. NO registration required! Classics Story Time (Ages 4-6) Wednesday, December 26 @ 10am Think of this story time like a book club for your little one. We’ll be reading classic picture books! Crafts & Coffee (Ages 18+) Registration required Friday, December 28 @ 10:30am Enjoy coffee, a craft, and conversation. For a full list of programs & events, visit www.facebook.com/laquintapl/events.

EXPLORE YOUR MUSEUM

The La Quinta Museum is located at 77-885 Avenida Montezuma. Hours are Tuesday through Saturday from 10 a.m. to 4 p.m. (Closed on Sundays and Mondays). Admission is free! Call (760) 777-7170 for more information.

Exhibits open through December 29, 2018: GEN Z: This is Me. You’ve heard the term “Gen Z”, but what is this up-and-coming generation really about? In this exhibit, they tell us in their own words and art. local COLOR An exploration of color with local artists. Programs and Events STITCH Every Tuesday 1pm – 3pm (Please note: STITCH will not be held on Tuesday, December 25, 2018) Bring your own project to work on. Be inspired and share with fellow quilters, knitters, needle pointers and weavers. La Quinta Museum Coloring Club for Adults Every Friday 1pm - 3pm Basic supplies are provided. Mah Jongg Every Saturday 10am - 1pm Crak! Bam! Dot! Come and play at the Museum. This is not a class with an instructor, but all levels are welcome. La Quinta Artists Open Studio Tour Sunday, December 2, 2018, 10am-5pm Come experience the creative talent of La Quinta’s artists! Visit 25 artist studios and learn about their process and what inspires them. Tickets and maps are available the day of the event at the Museum; your $10 donation supports the programs of the La Quinta Historical Society. Preschool Storytime with Miss Beth Wednesday, December 5, 2018, 10am Fun for our younger friends with songs, stories, and a craft!

Culture Fix Last Thursday Concert: The Swing Kittens Thursday, December 27, 2018 5 - 6pm Jazz up your holidays—don’t miss the harmonies of The Swing Kittens! Kids can get creative with a S.C.R.A.P. Gallery craft.

The La Quinta Museum is active on social media. Please follow us on Facebook, twitter and Instagram for all of the latest happenings.

Historic Casita Lighting Wednesday December 5, 2018 5 - 6pm Come celebrate the season with mariachi music and hot chocolate, as Manny the Movie Guy flips the switch to light up the historic Casita! If you wish to donate to the children at Galilee Center, please bring an unwrapped toy or book. Good Reads in the Gallery Thursday, December 6, 2018 4 - 5pm This month we’ll discuss The Outsiders by S.E. Hinton. Brown Bag TED* Talk Wednesday, December 11, 2018, 12 noon Enjoy a TED Talk on the big screen and join the discussion following the showing. Bring your lunch and bring a friend. This month we’ll watch and discuss Minda Dentler’s “What I Learned When I Conquered the World’s Toughest Triathalon.”

ATHLETES & ARTISTS AND PILLARS OF THE COMMUNITY

Culture Fix Film Screening: The Radiant Child Thursday, December 13, 2018, 5:30pm Screening of The Radiant Child. Director Tamra Davis pays homage to her friend, artist Jean-Michel Basquiat, through insider interviews, archival footage, and Basquiat’s own words and work. Free tickets available at Eventbrite. com The Museum will be closed Tuesday, December 25, 2018 for Christmas Lunch Break with Huell Wednesday, December 26, 2018 12 noon Take an amazing break with Huell Howser! Bring your lunch and enjoy an episode California’s Gold on the big screen.

PAID ADVERTISEMENT

GREATER COACHELLA VALLEY CHAMBER OF COMMERCE | 19

n i e m t mee

TEN

E S I D A R A P S NI MARCH 4 - 17, 2019 TICKETS AVAILABLE NOW AT TENNISPARADISE.COM

Experience Top-Rated Veterinary Care with Personalized, Stress-Free Service for You & Your Pets • • • • • •

Full-Service, Small Animal Veterinary Hospital Comprehensive Medical, Surgical & Dental Care Animal Rehabilitation with Underwater Treadmill Preventative Care • Regenerative Medicine Nutrition & Behavioral Consultants Boarding • Grooming • Exotic Pets Welcome

March 7-10, 2019

UPCOMING EVENTS CAT-TOBER in December Have we seen your cat lately? Bring your cat in for a Wellness or Comprehensive Exam this month and you’ll be entered into our raffle and receive a holiday-themed cat toy.

Sat, Jan 26, 2019, 5pm - Pet Insurance Workshop Dr. Bradshaw, DVM

Dr. Jeffrey, BSc, BVMS

Join Dr. Carlson for answers about your pet insurance questions. Enter to win $200 towards any NEW Pet Insurance Policy.

Sat, Feb 23, 2019, 5pm - Pet Dental Month Round table discussion on proper dental care for your pet. Enter to win $200 off a dental cleaning. Sat, Apr 6, 2019 5pm - Client Appreciation Night Join us at this highly anticipated annual event.

Enter our drawing for a pair of Stagecoach tickets! Dr. Wallace, DVM

The Ultimate Four Day Fine Art Experience #1 Fine Art Festival in the Nation – Art Fair Source Book 2018

Tickets Make Great Holiday Gifts! Buy Tickets Now – LQAF.com

20 | GCVCC.ORG

La Quinta Civic Center Campus 78-495 Calle Tampico

Dr. Carlson, DVM

NEW CLIENT WELCOME OFFER $25 off Your Pet’s First Wellness Exam

EXISTING CLIENT OFFER Free Nail Trim For Your Pet

Offer valid thru December 31, 2018. Mention coupon when booking appointment. Limit one coupon per client. 760-564-3833

HOSPITAL HOURS M-F: 8am-8pm Sat: 8am-5pm

760-564-3833

VillageParkAnimalHospital.com 51-230 Eisenhower Drive • La Quinta

VOLUNTEERING PUTS THE HEART IN ART Submitted by: La Quinta Arts Foundation Staff Volunteering is a great way to express community pride and make new friends. Over two hundred extraordinary volunteers support the annual fundraiser La Quinta Arts Festival. Their smiles and service are the key to the event’s top ranking as the #1 Fine Art Festival in the Nation for four of the past six years. La Quinta Arts Festival volunteer Rhonda Larson shares “I am a firm believer in giving back or paying it forward, however you can. I feel art is a form of expression everyone should enjoy, either by creating it or by buying it. La Quinta Arts Foundation (LQAF) provides funds for students to continue that dream. Being a volunteer at La Quinta Arts Festival allows me to help them reach those goals.” Deborah Clark moved part-time to the Coachella Valley and decided La Quinta Arts Festival was a great opportunity to meet like-minded people “and in my age group” she adds. Since then, Deborah has served ten years with LQAF and in many volunteer roles such as a Steward/Ambassador, Golf Cart Driver, Artist Reception, and Judges Guide. Volunteers participate in a unique behind-the-scenes experience, where they can meet professional artists. “I love getting to know the artists. Beyond their art, I enjoy learning more about what inspires them, and why they like coming to exhibit at La Quinta Arts Festival,” says Home Host volunteer Shirley Wertlake. Home Hosts exemplify the extraordinary hospitality of the Coachella Valley. They provide first-time La Quinta Arts Festival artists with a means to travel long distances without the added expense of a hotel stay. The program gives volunteer Home Hosts an up close and personal experience with professional artists and is instrumental in helping LQAF recruit new talent. LQAF Staff carefully pairs artists with patrons who open their homes, guest houses, and casitas during “Festival Week” for a stay of up to six nights. LQAF seeks Home Hosts and volunteers with a ‘heart for art’ for the 37th La Quinta Arts Festival, March 7-10, 2019. For more information and to sign-up contact Jasmine Duran at (760) 564.1244 x 106 or email Jasmine@ LQAF.com.

GREATER COACHELLA VALLEY CHAMBER OF COMMERCE | 21

SMART CHARITABLE TAX STRATEGIES Submitted By: Mary Barnett, Enrolled Agent – Osborne Rincon

When you align your charitable giving with smart tax strategies, the result could be a win-win situation. Tax strategies are ways to use the provisions of the tax code to make the smartest financial decisions and often minimize taxes. Understanding the tax strategies related to charitable contributions can help you decide how much to give, what asset to give, and when to give, so that you can provide the maximum amount to charity and receive the top tax advantages for yourself.

USE YOUR BENEFITS

Submitted By: Randy Foulds of Foulds & Feldmann Insurance Agency

Here we are, at the end of the year. In just a few weeks, everything resets for 2019, including your health insurance deductible. But it is not too late to use your 2018 benefits while you still can. If you have a Medicare part D plan, and are on any tier 3 medications, you have probably met your deductible for 2018. Which means your medications cost less now than they will after January 1, unless you are in the coverage gap. Or, maybe you are in catastrophic coverage, and your medications only cost 5% out of pocket? In either case, look at getting your refills now if it can save you money versus getting them in January. If you are on a PPO, does it have a higher copay next year, or a higher deductible? Why not make your doctor appointment in December if your out of pocket cost will be less? Covered California plans next year have a doctor visit copay as high a $105 per visit. That’s a significant increase from 2018. Check your benefits by either looking up your plan online, or by calling the member services phone number on the back of your ID card. If you have Medicare and a Medicare supplement, and are responsible for paying the Part B deductible out of pocket, then that resets on January 1 too. If you have already paid it for 2018, and you are due to see your doctor, scheduling that visit in December could save you that $183 deductible, or at least delay it a few months. If you are not sure if you have met the deductible, check the last “explanation of benefits” you received from Medicare or your supplement. It will state whether you have met the Part B deductible. If you can’t find it, call 1-800-Medicare and ask them to check your Part B deductible. . Don’t ignore your health benefits for the month of December. Use them up and get the most of your health insurance. Randy Foulds of Foulds & Feldmann Insurance Agency is a Medicare and health plan specialist and certified agent for Covered California in La Quinta. license #0G69218. You may reach him at 760-346-6565. 22 | GCVCC.ORG

The first example is the donation of long-term appreciated assets, like stocks or mutual fund shares. Not only are you eligible to take an income tax deduction for the full market value of these securities, but you also could avoid capital gains tax if you would have sold those securities. Secondly, certain taxpayers may make direct IRA distributions to one or more of their favorite charities without having to include the distribution in gross income. The distributions are referred to as Qualified Charitable Distributions – or QCD. A taxpayer may contribute up to $100,000 each year directly to charity. In order to qualify as a QCD, the owner of the IRA must be at least 70 1/2 years old on the day of the transfer. The distribution will only qualify to the extent that it would have otherwise been includible in the gross income, and the transfer from the IRA to the charity must be a direct transfer. Because these distributions are excluded from income, QCDs are more advantageous than taking a normal IRA distribution and then contributing such distribution later by cash or check to the charitable organization. With a regular distribution that is included in income, income tax on Social Security benefits could increase, AGI limitations restricting itemized deductions could apply, and an increase in Medicare insurance premiums could be triggered. Another great benefit to a QCD is that the distribution reduces the taxable portion of the taxpayer’s IRA dollar-for-dollar, and that the QCD also counts toward a taxpayer’s required minimum distribution RMD. There are many changes projected for 2018. If you have any questions regarding how these changes affect you, contact your CPA, EA or tax professional so that when you go to file your tax return – there will be no surprises. Osborne Rincon is one of the oldest and most respected full-service accounting firms in the Coachella Valley. To learn more, call (760) 777-7805 or go to www. OsborneRincon.com.

OUR STRENGTH IS IN OUR NUMBERS

WE’RE ALL ABOUT OUR CLIENTS

Forging trusted partnerships, providing exceptional services and exceeding expectations for over 60 years powered by Inavero

79 - 245 Corporate Ctr. Dr. La Quinta, CA 92253 www.OsborneRincon.com

760.777.9805

locally

sourced. locally

enjoyed. • Increases energy • Boosts your immune defenses • Boosts athletic performance & recovery • Quenches dehydration • Speeds up surgical recovery time

Medical Treatment for: burnout, chronic fatigue, chronic stress, memory loss, frequent injury,

dull skin, long term use of acid blockers,

migraines, viral & recurrent infections, celiac,

leaky gut syndrome, fibromyalgia...and more.

49-499 EISENHOWER DRIVE, LA QUINTA | 760.564.7600 | OPENTABLE.COM

GREATER COACHELLA VALLEY CHAMBER OF COMMERCE | 23

GCV LA ES

NTA C MBER HA

QU I

T. 1 9 4 7

January 24, 25, 26, 27 Empire Polo Club 81800 Avenue 51 Indio, CA 92201 10 AM to 5 PM Daily

$15 (Good All Four Days) Seniors: $13 Children Under 5 Free

The La Quinta Chamber has a new address! 78015 Main Street Suite 206 La Quinta, CA 92253 In Old Town La Quinta Mon - Fri 8:30am-4:30pm By appointment only. GCVCC.ORG | 760-347-0676 | INFO@GCVCC.ORG

24 | GCVCC.ORG

• •

•

GROWING UP DIGITAL

Submitted By: Desert Sands Unified School District Staff Each year Desert Sands Unified School District holds an educational session titled “Growing Up Digital”. The technology, communications, and safety/ security departments join together to offer parents information and advice on keeping their children safe when using electronic devices that connect them to the internet.

• • •

parents on anything from an emergency at a school site to reminders of school events. Parents can choose to receive notifications via telephone (both landline and cell), text, and/or email. DSUSD.US – the website that provides everything you would want to know about the operations of the website with links to all departments and schools. (www.dsusd.us) Social Media – DSUSD maintains both a Facebook page and a Twitter account and these resources are used to share positive messages about the schools and the district as well as serve as emergency information portals when necessary. Peachjar – the electronic flyer system used by all DSUSD schools to share information with parents. The Beacon – the quarterly e-magazine sent out by the district. Community Surveys – utilized by the district to encourage two-way communication. Common Sense Media - resources to teach students about online safety (www.commonsensemedia.org/ )

Additional opportunities are being planned for parents to continue to learn more about student digital citizenship and the best ways to use communication tools and techniques.

A growing number of parents and guardians attend each year and live translation of the presentation into Spanish takes place throughout the evening. The recent presentation began by “hitting the refresh button” to remind parents about the DSUSD Connect initiative which places Chromebooks in the hands of all high school and middle school students as well as a number of elementary schools. The devices are assigned to each student and are used both in the classroom and at home for assignments. At the youngest level, tablets are used by all kindergarten and first grade students. The Connect initiative is described as:

Technology Made Simple! We come to you.

Desert Sands Unified School District understands that learning today is not limited to the school day. The one-to-world Connect initiative levels the playing field for all students by providing equity through access. Connect by Desert Sands opens up the world the all students. In order to meet the demands of the 21st century, Connect extends the classroom experience and fosters creativity, collaboration, communication, and critical thinking. The Connect initiative further enhances the DSUSD commitment to support students on their journey toward college, career, and life readiness. While introducing the use of the unlimited resources of the internet through the Connect initiative, the district is committed to student safety. Parents were reminded that all student devices are filtered at home just as they are during the school day. Additionally, every student receives digital citizenship lessons every year in DSUSD through Common Sense Media resources. Parents were also reminded that students are required to abide by the district’s RUP (Responsible Use Policy). Among digital resources reviewed at the parent meeting were: • Gaggle – a monitoring tool that flags inappropriate and questionable material on student accounts. • PSST World – an anonymous tip line for reporting any type of student threat. (www.psstworld.com/report-it) • ParentVUE – the parent portal for access to student grades, assignments, and communication. • SchoolMessenger – a notification system that shares information with

Call Now!

20% off

for Chamber members

We can help you with... Smartphones • Tablets • Computers • Amazon Alexa Facebook & Social Networking • Internet Fundamentals Smart TV’s • Photo & File Sharing • and more...

800.567.5918

or visit us at:

www.nanasnetwork.com

GREATER COACHELLA VALLEY CHAMBER OF COMMERCE | 25

The Greater Coachella Valley Chamber of Commerce and our city partners are asking you to show love for your community this holiday season.

#SHOPLOCAL Sponsored by:

Indio • La Quinta • Coachella • Desert Hot Springs • Cathedral City 26 | GCVCC.ORG

CVSHOPLOCAL.COM

Curious about reverse mortgages? Clay Behm

Certified Reverse Mortgage Professional

NMLS #582971

I make HOUSE CALLS! Attend one of my FREE SEMINARS.

Paid for or not, your home can provide you:

BIKE FOR YOUR HEALTH Submitted By: Old Town Peddler

As we age, we inevitably face more and more health issues, and are at risk of developing serious conditions. An important step in protecting ourselves is regular exercise. As few as 4 hours a week can go a long way to overall health improvement, but the older we get, the more important it becomes to choose a workout that is low impact and least likely to cause injury. That’s where cycling comes in: it’s easy, effective, and best of all, it’s lots of fun!

• CASH when you need it • NEVER owe more than your home is worth • NO monthly mortgage payments Borrower must occupy home as primary residence and remain current on property taxes, homeowner’s insurance, the costs of home maintenance, and any HOA fees.

Your LOCAL Source 760.501.1279 cbehm@rfslends.com www.rfslends.com

Synergy One Lending Inc. d/b/a Retirement Funding Solutions, NMLS 1025894. 3131 Camino Del Rio N 190, San Diego, CA 92108. Licensed by the Department of Business Oversight under the California Residential Mortgage Lending Act – California License 4131356. These materials are not from, and were not approved by, HUD or FHA.

RFS.13117.212.V1

LQ SNAPSHOT: LA QUINTA MUSEUM Looking for some family fun this holiday season? Look no further than La Quinta Museum! Visit playinlaquinta.com/arts-culture/la-quinta-museum/.

There is a reason the bicycle is the oldest and most sold vehicle in the history of the world. Cycling can easily be incorporated into your daily routine: as a way to get to and from work, school, or shopping; as a family activity after dinner or on the weekends; as a little “me” time to clear your head and let go of daily stress; or as your regular exercise routine. The great thing about riding your bike is that it can be as easy or strenuous as you want your workout to be. Perhaps the most impressive part is the proven health benefits in all areas. Cycling has been found to aid in the recovery and prevention of all number of ailments, such as stroke, heart attack, some cancers, mental illnesses, arthritis, obesity, and diabetes, just to name a few. How does it do this? Cycling activates all major muscle groups and gets your cardiovascular and respiratory systems working. This helps to boost your immune system and fight weight gain. Research has shown cycling to be one of the best overall health exercises, especially as we age. This easy activity can be done anywhere and anytime, and is one of the best ways to stay fit and healthy while having fun! Old Town Peddler is La Quinta’s first bike rental & repair shop, located next door the Cove Post Office on Avenida Bermudas. Visit www.OldTownPeddler.com or call (760) 777-RIDE

GREATER COACHELLA VALLEY CHAMBER OF COMMERCE | 27

increase for 2018. The 2-year Treasury has increased by nearly 1% to 2.8% this year while the 30-year Treasury has risen by half of that to 3.3% meaning that the interest rate curve is flattening. While a flattening yield curve is not a problem, if the 10-year Treasury interest rate were to be lower than the 2-year Treasury interest rate, a recession is imminent. At present, the 10-year Treasury at 3.07% is 0.24% higher than the 2-year Treasury. If we are to heed Templeton’s words, was the 3rd quarter that euphoric moment? Listening to the Sage of Omaha, Warren Buffett, the answer is an emphatic ‘no’ as he believes that the Dow index will rise from the 25,000 level to at least 1,000,000 by 2118. Buffett bases his estimate on a conservative growth rate of 4%.

DEATH BY EUPHORIA

Submitted By: Haddon Libby, Winslow Drake Investment Management “Bull markets are born of pessimism, grow on skepticism, mature on optimism and die of euphoria.” ~Sir John Templeton, founder of the Templeton Funds. The United States benefits from one of the strongest economies in the world right now due in large part to tax cuts, lower regulatory burdens (we don’t see those in California), strong corporate profits and low (but increasing) interest rates. These factors have caused the U.S. economy to chug along at the highest growth rates in decades. Strong stock market returns and a robust employment environment are here today but could be gone tomorrow. Where the forty-three largest economies of the world were growing one year ago, weakening and recessionary economies are emerging around the world. Italy, Spain, Portugal and Turkey are major problems for the European Union. Meanwhile, China is bordering on a recession with a banking system that is a fragile as a 50 year-old NFL quarterback (if one played). To combat the impact of U.S. trade sanctions, China has weakened its currency to make the price of their goods cheaper than other countries in their region. When China props up its economy in this manner, they create a contagion effect that causes other economies to fall into recession. This recessionary draft caused by Chinese policies is exacerbated interest rate increases here in the United States. Our interest rates make it harder for other governments to reduce their interest rates to combat slowing economies. Italy is in this situation now with a potential to sink the European Union. As such, tread carefully when investing in E.U. stocks. With all of this as a backdrop, CNBC reported that 75% of the stocks comprising the S&P 500 Index are in correction territory, down 10% from their peak valuations this year while 45% are in bear market territory, down more than 20%. What made the first nine months of 2018 unique was that Amazon, Apple, Google and Netflix were responsible for most of the market’s returns. Looking overseas, non-U.S. stock were down 11.4% going into the end of November while emerging market countries including Brazil, China, India and Russia are down 14.2% so far for 2018. Are we headed for a recession? Like death and taxes, the answer is ‘yes’ - it is just a matter of when, how deep and how long. Interest rates are a great leading indicator when it comes to the health of the economy. The Federal Reserve proved this when they increased the benchmark Federal Funds rate from 2% to 2.25% in September - the 3rd 28 | GCVCC.ORG

To the short-term investor, remember Sir Templeton’s words and remain aware that we are far closer to a near-term top than we have been in a long time. To the long-term investor, Buffett provides better advice as we are just entering the early stages of an economic supercycle related to the Internet of Things and Artificial Intelligence. If this supercycle is anything like those of the past, current market volatility will eventually give rise to higher valuations for stocks and greater wealth for society as a whole Have we reached that euphoric moment for the stock market? To a long-term investor, the answer is an emphatic ‘no’. Haddon Libby is a Managing Partner at Winslow Drake Investment Management (www.WinslowDrake.com) and can be reached at 760.449.6349. This material is provided for general information purposes and should not be construed as investment, tax or legal advice, or as a solicitation to buy or sell any specific securities product. Information provided has been gathered from sourced deemed to be reliable.

Lost and Found”, catering to the studios and celebrities, she curates the most amazing collectibles, antiques, and uniquities for sale in ATGB. With 40 years of experience – Joaquin is an expert when it comes to servicing and restoring your timepieces – Rolex, Omega, Breitling, Cartier. Your heirloom clock is well taken care of as well with Joaquin who can make parts for your clock if necessary.

GREATER COACHELLA VALLEY CHAMBER

NEW MEMBER SPOTLIGHT