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September 22, 2011
Ramona Sentinel
Grocery Store
From page 5
conditions. We are proud of them.” Officials with the three grocery chains issued a joint statement saying the tentative deal “continues to preserve good wages, secure pensions and access to quality, affordable health care — while allowing us to be competitive in the marketplace. “We appreciate the hard work, support and patience that many different people have shown during the past eight months, and particularly the past few weeks.” Health care was the major issue at the negotiating table. Grocery store officials said earlier that their most recent contact offer would require workers to pay about $36 per month for individual health insurance, or $92 per month for family coverage. But union officials said the companies were not increasing their contributions to the health care fund, insisting the plan would be bankrupt in about 16 months. During a 141-day lockout in 2003-04, the stores hired temporary workers. The replacement workers all lost their jobs when a new contract was signed, and the lockout cost the stores an estimated $1.5 billion. A vote on the proposed agreement is scheduled for Friday.
Flood workshop set for Oct. 20 Residents who routinely experience flooding in their areas during wet weather are invited to attend a flood workshop at 7 p.m., Thursday, Oct. 20, hosted by the Ramona Community Planning Group (RCPG). Staff from the county flood control department will be at the workshop with the planning group to identify and prioritize areas that impact residents with flooding. The workshop will be in the Ramona Community Center, 434 Aqua Lane. —Karen Brainard
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Financial From page 9
use of your financial resources. Ultimately, the power of dividend reinvestment means, not surprisingly, that you may be able to help yourself if you look for quality dividend-paying stocks — and then reinvest the dividends, month after month and year after year. With just a little research, you can find stocks that have paid— and even increased —dividends for many years in a row. (Keep in mind, though, that not all stocks will pay divi-
dends, and even those that do can reduce or discontinue them at any time. Dividend reinvestment does not ensure a profit or protect against loss.) So, to help boost your share ownership, consider reinvesting the dividends back into the stock, rather than taking them as cash payments. If you do choose to reinvest your dividends, though, you will need to look to other types of investments to provide you with income, assuming you need some income from your portfolio, which may become more necessary during your retirement years. Your financial advisor can help you determine the ap-
propriate investments to help provide this income. But in any case, if you can do without the current income provided by dividends, give careful consideration to reinvesting them. Dividend reinvestment is not a glamorous investment strategy, and it won’t help you “get rich quick,” but it can help you make steady progress toward your long-term financial goals — and that’s a key dividend in itself. Financial adviser Yvonne Catton’s Edward Jones office is at 850 Main St., Suite 104, in Ramona. She may be contacted at 760789-2804.
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ince and Melia Guglielmetti of Ramona announce the engagement of their daughter, Erica Noel, to Jeffrey Garcia, son of Jerry and Elsie Garcia of Temecula, California. Ms. Guglielmetti, a graduate of RHS and UCSD alumni, with an MBA from University of Phoenix, is employed by LPL Financial in La Jolla. Mr. Garcia, a graduate of Mt. Carmel HS, served in the Navy, completed his Radiology Technologist degree from Kaplan College, and is employed by Scripps in Encinitas. The couple will wed in January at the Immaculate Heart of Mary Catholic Church.