The document appears to be a presentation by Greg Werlinich of Werlinich Asset Management discussing various types of investments including stocks, bonds, mutual funds, ETFs, and retirement accounts and how an independent advisor can help individuals prepare for an uncertain economic future by developing a coherent investment plan and providing ongoing guidance.

1. Greg Werlinich
President
Werlinich Asset Management, LLC
914-741-6839
greg@waminvest.com
www.waminvest.com

2. In times of economic and
financial uncertainty . . .
you need to prepare for
multiple futures.
June 30, 2009 Presented by Greg Werlinich 2

3. Why Are You Here?
Are you worried about losing more of your
hard-earned money?
Are you losing faith in Wall Street and
corporate America?
Are you paralyzed with indecision about
what to do?
Are you concerned that you are not
adequately prepared for multiple futures?
June 30, 2009 Presented by Greg Werlinich 3

4. Are You Paying Attention?
Do you look at your statements?
Do you know your investment
performance?
Are you trying to keep track of multiple
accounts?
Do you have a coherent plan for the
future?
June 30, 2009 Presented by Greg Werlinich 4

5. Types of Investments
Stocks and Bonds
Money Markets, Mutual Funds and
Fund-like products
College and Retirement savings plans
June 30, 2009 Presented by Greg Werlinich 5

6. Stocks and Bonds
June 30, 2009 Presented by Greg Werlinich 6

7. Stocks – What Are They
And Why Invest?
Why Own Stocks?
 Income: Dividends
 Capital Appreciation: Growth
 Ownership Control
Types of Stocks
 Common
 Preferred
Lingo
June 30, 2009 Presented by Greg Werlinich 7

8. Key Stock Events
(and what they mean to you)
Stock Splits and Reverse Splits
Stock Dividends
Mergers and Acquisitions
 cash, stock or both
Spin-offs (or de-mergers)
Stock Buybacks
Insider buying and selling
Bankruptcy
June 30, 2009 Presented by Greg Werlinich 8

9. Bonds – What Are They
And Why Invest
What is a bond?
Why invest in bonds?
 Safety
 Current income
 Principal repayment
 Fixed maturities
Key Features
June 30, 2009 Presented by Greg Werlinich 9

10. Types Of Bonds
US Government
 Bills
 Notes
 Bonds
Municipal
Agency
 Fanny, Freddie, Ginnie and Sallie
Corporate
 Investment grade and High Yield
Foreign issuer
Bond funds
June 30, 2009 Presented by Greg Werlinich 10

11. Money Markets,
Mutual Funds
and Fund-Like Products
June 30, 2009 Presented by Greg Werlinich 11

12. Money Market Funds
A proxy for cash
Money market bank deposits
Money market mutual funds
June 30, 2009 Presented by Greg Werlinich 12

13. Mutual Funds - Benefits
Diversification
Simple asset allocation
Professional management
Indexing
June 30, 2009 Presented by Greg Werlinich 13

14. Mutual Funds - Drawbacks
Can be expensive
 Loads and annual expenses
Confusing class structure
Too often underperform passive indexing
Not generally tax efficient
Frequent manager turnover
Not as liquid as stocks or ETF’s
Too many choices
June 30, 2009 Presented by Greg Werlinich 14

15. Exchange Traded Funds (ETF’s)
Excellent diversification
Very low cost
Trades like stocks
Tax efficient
Hedging possibilities
Dividend opportunities
June 30, 2009 Presented by Greg Werlinich 15

16. Real Estate Investment Trusts
(REIT’s)
A simple way to invest in real estate
Many different types of REIT’s
Pays high dividends
Nicely diversifies a stock portfolio
Can buy an individual REIT or a fund
June 30, 2009 Presented by Greg Werlinich 16

17. Alternative Investments:
High Risk/High Reward
International
Hedge Funds
Venture capital
Options
Futures
Commodities
June 30, 2009 Presented by Greg Werlinich 17

18. Saving For College
and Retirement
June 30, 2009 Presented by Greg Werlinich 18

19. Saving For College
Save in your own name
Uniform Gifts To Minors Act – UGMA
 Or Uniform Transfers to Minors Act - UTMA
Coverdall Educations Savings Account
 Formerly known as the Education IRA
Section 529 College Savings Account
June 30, 2009 Presented by Greg Werlinich 19

20. Section 529 Plans
Donor retains control of the money
Distributions are tax free
Contributions may be partially tax-deductible
Gifts reduce the estate of the donor
Flexible investment options
Easy to establish account
Anyone can contribute
Portability
Benefits available to anyone in country
High contribution limits
June 30, 2009 Presented by Greg Werlinich 20

21. Retirement Accounts
Traditional IRA
Roth IRA
Rollover IRA
SEP IRA
SIMPLE IRA
401(k)
403(b)
June 30, 2009 Presented by Greg Werlinich 21

22. So What Can You Do?
Reduce personal debt
Minimize non-discretionary expenditures
Save by “Paying Yourself First”
Adjust your expectations
Diversify your investments
Commit to a plan of action
Consider outside advice
June 30, 2009 Presented by Greg Werlinich 22

23. Why Use An Independent Advisor?
Time, energy and expertise
Impartial advice
Clear alignment of interests
Ongoing guidance
It’s your money!
June 30, 2009 Presented by Greg Werlinich 23

24. Greg Werlinich
Werlinich Asset Management, LLC
www.waminvest.com
greg@waminvest.com
914-741-6839