1. Branch 181, Arlington, Virginia
Senior Chief (Ret.) Bob Washington attended the Memorial Day Wreath Laying ceremony held at the Navy Memorial in Washington, District of Columbia. Photo by Jeff Malet.
2. Branch 101, Santa Clara, California
The incoming Branch officer installation (L to R) Henry Pope, Charles McIntyre, Branch Secretary Rick Fetro, Branch President Richard Ruiz, Kate Blanton and Installing Officer Gary Blackburn.
3. Branch 156, Brunswick, Maine
NVP Bill Starkey visited the Branch and had his first ever lobster dinner during the monthly potluck. (L to R) NVP Starkey, PBP Read Rich, BP/PRP Paul Loveless. Photo by Larry Berberich.
4. Branch 226, Staten Island, New York
Command Master Chief Eric Heimburger, CMC New York Sector and Branch member, is congratulated by Branch President Jim Brown upon his retirement from the USCG.
5. Branch 162, New Orleans, Louisiana
(L to R) Branch President David Campobasso and Branch Secretary Tracey Morton present Charles Booe (C) his 40-year continuous-membership pin during the July Branch meeting.
6. Branch 298, Grand Rapids, Michigan
Wolverine Branch Shipmates Dan Allen (L) and Harold “Buck” Kuisel (R) present Shipmate A. H. Greenwood with his 60-year membership pin and certificate. Pictured with Greenwood is his wife Kay.
7. Branch 269, Goose Creek, South Carolina
During a recent Branch meeting, Willie Thompson received his 55-year continuous membership pin.
8. Branch 275, Placerville, California
(L to R) Branch President Ashley “Joe” Young, Jr. presented Charles “Bud” Sweet his 60-year continuous membership pin.
9. Branch 307, Gulfport, Mississippi
Old Naval Home Branch President “Pete” Petersen and Secretary Bob Rutherford presented a donation from the South Central Region Shipmates to the AFRH-G, Administer, Mr. Edas, purchasing two memorial “Dog Tags” frames.
10. Branch 154, Baguio City, Philippines
FRA/LAFRA Branch Baguio City recently distributed PE uniforms, school supplies and food to children who attend the Kapangan Beleng Belis multi-grade school.
11. FRA Staff, Alexandria, Virginia
FRA supports the Senior Enlisted Academy’s (SEA) senior enlisted training for all services. SEA opened its doors in 1981 and has been providing extensive training on leadership, acquisition and operational venues to all branches of DOD and DHS. FRA presents the Leadership Award to the top graduate in the class each quarter. FRA NED Tom Snee presented the award to the top awardee from Class 2017. Snee is a SEA Graduate from Class 009/Khaki Group from the Naval War College, Newport, Rhode Island
12. Branch 126, Jacksonville, Florida
Branch President James J. Thomas (L) presented a letter of commendation to Shipmate Henry V. Pelz for achieving 50 years of continuous membership in the FRA. The award was presented during the August 17 Branch meeting.
To submit a photo for News from the Branches, please e-mail a photo as an attachment in jpeg format to FRAToday@fra.org or mail a high-quality photograph to FRA Today, 125 N. West Street, Alexandria, Virginia 22314. Please include a brief description of the photograph and include the names of those pictured. Laser prints and scanned copies of photographs cannot be accepted.
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Name Rating Branch
Agent, Don D. EQCM, USN 120
Armstrong, Dean E. HMC, USN 24
Arnold, Michael J. MSGT, USMC 106
Ashley, Calvin H. CAPT, USMC 365
Ator, Roy E. LT, USN 11
Avery, H Glen YNCS, USN 117
Balzrina, Joseph BMC, USN 53
Bills, Robert D. SHCM, USN 1 20
Bills, James R. RMC, USN 342
Black, Gary V. ACC, USN MAL
Boggs, Orvalle RMC, USN 90
Bond, Kenneth AMH1, USN MAL
Bothe, James J. LT, USN 184
Boyd, Clars D. BM1, USN 49
Boynton, Cornelius F. ETC, USN 166
Branham, Paul W. AE1, USN 289
Brase, Randall F. MCPO/SWS, USN 91
Bray, Edward PO1 289
Burger, Larry K. AMHC, USN 161
Burns, Paul E. SKCS, USN 184
Butcher, James Q. HMC, USN 194
Caddell, Elton H. BTC, USN MAL
Champion, Clyde S. ACCS, USN 22
Chapman, Charley L. LCDR, USN 42
Clay, Jackie R. AKC, USN 22
Clements, David L. LCDR, USN 120
Cook, Aldon C. MMCM(SS), USN 219
Crutchfield, Howard M. PR1, USN 47
Dempsey, Richard R. PO1, USN 99
Denby, Perry MCPO, USN MAL
Dial, Ralph F. AME1/TAR, USNR 89
Donohue, Joseph P. LI1, USN 10
Edgecombe, John A. GYSGT, USMC 162
Evans, Clifford E. ADRC, USN 166
Fluharty, Burl EMC(SS), USN 106
Ford, Willis P. FTCM, USN 137
Fowler, Jerry M. MMC, USN 226
Fulford, John E. ADCS, USN 22
Glendening, Orville L. STCM, USN 94
Grady, Frederic J. CAPT, USCG 24
Griffin, James M. AE1, USN 99
Griffin, Lyle W. SCPO, USN MAL
Hollowell, David C. LT, USN 289
Hopkins, Gene E. PRCM, USN MAL
Hudson, Russell J. CWO2, USN 68
Hutchins, Vernon E. FTGC, USN MAL
Johnson, Hubert E. ADR2, USN 126
Johnson, John L. HTCS, USN 170
Jolly, George J. SK1, USN 289
Jones, Jeffrey L. YNCS (AW) 298
Jump, James B. BMC, USN MAL
Keesling, James D. CTCS, USN 8
Knight, James D. CTCM, USN 182
Langley, Charles H. ADR1, USN 89
PNC, LaPlante, Francis J. CSC, USN MAL
Legare, Charles H. ABHC, USN 91
Lewis, James H. AOC, USN 227
Lind, Terrence C. AMS3, USN MAL
Marquardt, Dwayne A. FTMC, USN 120
Martin, Harold M. AFCM, USN MAL
May, Oliver E. ENCM, USN MAL
Mays, Thomas E. CS1, USN MAL
McCalman, George W. GYSGT, USMC 98
McGuire, Robert V. BTCM, USN 70
Meeker, Wilmer E. ADRC, USN 147
Melton, Loren R. FTCM, USN 120
Metzger, Allen H. NCCS, USN 61
Miller, Dean F. CWO3, USN 29
Millman, Harold M. MCPO, USN 91
Miner, M Ray SK1, USN 38
Nelson, Benjamin W. MSCM, USN 61
North, Elmer E. MUC, USN 44
Northam, Donald H. YN1, USN 24
Ohnmeiss, Steven M. LCDR, USNR 106
Parker, Junious E. BTC, USN 166
Pekarski, Stanley PO1, USN 226
Pettross, Lewis M. PO1, USN MAL
Placzek, Abdon L. BM1, USN 291
Reitzel, Quintin H. MUCS, USN MAL
Stabenow, Walter AD1, USN 26
Tomazin, Frank J. ETCM(SS), USN 61
Umble, Frank H. AQCS, USN 126
Wall, Carter L. CPO, USN 94
Watkins, William F. SKC, USN MAL
Willingham, William E. CDR, USN 184
Zellner, Raymond B. MGYSGT, USMC MAL
Zerba, Lawrence G. AMHC, USN 216
Zurlinden, Donald SFSN 275
Names in red indicated 50 year continuous members.
Name in bold indicate past national officers.
To report the death of a Shipmate, please contact us via email at firstname.lastname@example.org or by telephone at 703- 683-1400 ext 1.
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USS Kenneth D. Bailey (DD/DDR-713)
05/03/2018-05/06/2018, Pensacola, Florida
Contact: NCC Ernie Pina,
28 Thomas Leighton Boulevard
Cumberland, Rhode Island 02864
USS Satyr (ARL-23) (Brown Water Navy)
05/17/2018-05/21/2018, Chattanooga, Tennessee
Contact: Jerry D. Toney
10926 Majuro Drive
Jacksonville, Florida 32246-2441
USS John F. Kennedy (CVA/CV 67)
08/23/2018-08/26/2018, Norfolk, Virginia
Contact: Bob Haner
312 Wymore Road, Apt.103,
Altamonte Springs, Florida 32714
Looking for...James Fred Foster, who was in boot camp in Great Lakes, Illinois. Company 185, January-March of 1966. Please contact USN (Ret.) ABEC Wallace Prince, at 660-284-6643 or 379 E. 1st St., Bethel, Missouri 63434.
All Reunions/LookingFor… must be submitted in writing to FRA Reunions/LookingFor… 125 N. West St. Alexandria, Virginia 22314 or at email@example.com. Please include your FRA member ID and a daytime telephone number. Reunions can also be submitted online at http://www.fra.org. For questions regarding submissions, contact Victoria at 1-800-FRA-1924, ext. 124.
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Asset allocation is a strategy that can help take the guesswork out of choosing investments for your portfolio. Instead of putting all your eggs in one basket, you spread your eggs (dollars) among a variety of baskets (stocks, bonds, and cash). The baskets can be further divided within each type of investment.
Although many investors understand they should invest in a variety of securities, they often stumble when it’s time to choose an asset allocation that’s right for them. The allocation that you choose should be based on how much risk you are willing to assume (risk tolerance), why you are investing (goals), and when you will need to tap your investments (time horizon).
However, in some cases, once investors choose their allocation, they are afraid to change it. As you experience changes in your life, it can be appropriate to redistribute your assets.
So, when should you change your asset allocation? It is important to maintain balance in your portfolio. Accordingly, you should reevaluate your allocation strategy at least once a year or when you experience a major life change, such as marriage or the birth of a child. It’s not always necessary to make a fundamental change to the allocation, but you should make that evaluation on a regular basis.
Sometimes your portfolio might just need a tweak to rebalance assets that have either increased or decreased in value. For example, a booming stock market may mean the value of the stock portion of your portfolio exceeds your original allocation. If that occurs, you may want to consider selling some stocks to bring your portfolio back into line with your initial allocation. Rebalancing is a strategy every investor should consider as a way to help ensure their portfolio reflects their current investing goals, time horizon, and tolerance for risk. Further changes to your allocation also may be appropriate depending on your particular investing style.
Strategic investing. Many investors take a strategic approach to asset allocation, meaning they have at least 10 years before they anticipate needing the money they are investing. Strategic investors look at the long term and typically do not make frequent changes to their allocation strategy. A strategic investor would change the way his or her money is invested if there was a fundamental shift in the economy (a recession, for example) or if inflation began to outpace the earnings that his or her investments were generating.
Cyclical investing. Because the economy is cyclical, meaning it moves in stages of prosperity and recession, some investors change the way they allocate their assets based on the cycle of the economy. This is called cyclical investing – it typically means an investor will reallocate his or her funds every three months to three years. A cyclical investor might invest heavily in stocks when the economy experiences growth and, conversely, invest more in bonds when the economy experiences a period of contraction.
Tactical investing. The third type of investor looks at the short-term – a period of one year or less. The tactical investor changes his or her portfolio based on trends in the market. A tactical approach to asset allocation isn’t for everyone as it typically requires an investor to trade rather actively and sometimes trade with greater risk.
Each investor has unique goals for his or her money and a distinctive investment style. It is a good idea to talk with your financial advisor about what kind of asset allocation would be right for you and how often you should redistribute your assets. Bear in mind that although asset allocation diversifies your assets, it does not protect against fluctuating markets and uncertain returns. FRA
This article was written by/for Wells Fargo Advisors and provided courtesy of Carl M. Trevisan, Managing Director-Investments and Stephen M. Bearce, First Vice President- Investments in Alexandria, VA at 800-247-8602.
Investments in securities and insurance products are: NOT FDIC-INSURED/NOT BANK-GUARANTEED/MAY LOSE VALUE
Wells Fargo Advisors is a trade name used by Wells Fargo Clearing Services, LLC, Member SIPC, a registered broker-dealer and non-bank affiliate of Wells Fargo & Company.
© 2017 Wells Fargo Clearing Services, LLC. All rights reserved.
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IN MEMORY OF…THOMAS A. HEANEY
U.S. Navy (Retired)
February 5, 1932-June 15, 2017
National President 1976-1977
FRA Past National President Thomas A. Heaney joined the Staff of the Supreme Commander on June 15, 2017. On September 22, 1976, Shipmate Heaney was elected by acclamation, as the National President at FRA’s 49th National Convention in Honolulu, Hawaii.
Shipmate Heaney, a retired Chief Radarman of the United States Navy, was born in Quincy, Massachusetts. He attended North Quincy High School prior to joining the United States Navy on June 26, 1949 in Boston. He received his “boot” training at the Recruit Naval Training Center, Great Lakes, Illinois. He established a varied and interesting naval career. His tours of sea duty included duty in the USS WISCONSIN (BB-64), USS NEWPORT NEWS (CA-148), USS SALEM (CA-139), pre-commissioning detail USS CONYNGHAM (DDG-17), USS DUPONT (DD-941), and the pre-commission detail of the USS TALBOT (DEG-4). His tours of sea duty were interspersed with other assignments and tours ashore including Seaman Guard/USN Ceremonial Guard, in Washington, District of Columbia; Class A. Radarman School, (Norfolk, Virginia); Staff Commander in Chief Atlantic Fleet; Staff Commander Caribbean Sea Frontier; Staff Commander Oceans Systems Atlantic; Staff Commander Anti-Submarine Warfare Force Atlantic; U.S. Naval Instructor School (Norfolk, Virginia); and at the Fleet Training Centers (Norfolk, Virginia and Newport, Rhode Island). In 1962 he commissioned the first ASROC Trainer. On June 16, 1962 he made Chief Radarman.
On August 11, 1969 after 20 years of active service, Shipmate Heaney transferred to the Fleet Reserve as a Chief Radarman. His endeavors did not stop there. After his retirement he continued his education by obtaining a Bachelor of Arts in education and philosophy from Roger Williams College. He then proceeded to obtain a Master of Arts in Human Development from Salva Regina College. Shipmate Heaney also worked as a Director at the Alcoholism, Comprehensive Treatment Department in Newport Hospital.
His hard work earned him Regional President of New England in 1969 and 1970. Shipmate Heaney’s progressive philosophy and motivation contributed significantly to the progress of the New England region during his two year tenure. At the time of his death he was a member of Branch 77 South West region. Shipmate Tom’s outstanding ability and dedication have been demonstrated through his service to his Shipmates at the Branch and national levels of the Association.
On October 9, 1964 Shipmate Heaney married Jeanne, a charming and lovely lady. They had three sons and three daughters. The entire Fleet Reserve Association and staff would like to extend its most sincere sympathies to Shipmate Heaney’s family and friends. FRA
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