Goering Center for Family and Private Business

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In support of the directives issued by Governor Dewine, Governor Beshear and the University of Cincinnati, and with the wellbeing of our staff and members in mind, the Goering Center has cancelled all face-to-face events through the end of 2020. We have instead developed a schedule of virtual events to continue to support our members at this critical time. View our events calendar for our revised programming.

View other updates and resources

Video link: https://www.youtube.com/embed/ZC_NYGJ2B2A?rel=0

At the Goering Center, our mission is to nurture and educate family and private businesses to drive a vibrant economy. We deliver our mission by delivering robust programming that fosters collaboration among Tri-State business leaders and exposes family and private company owners and executives to relevant experts and new techniques.

With the intent of accelerating business growth and sustaining family and private business harmony, the Goering Center can help you address the unique and critical issues facing firms of all sizes, including:

Membership

We are dedicated to serving our 400-plus Core Members — family and private businesses in the region, as well as professional services Associate Members, who serve businesses. We also welcome Corporate Partners who wish to support our mission.

News

We provide members of the media and the general public with relevant, complete and timely information about our mission, member services and the impact we are making in the region. Hear from our region’s thought leaders and learn about our members and volunteers.
View our July newsletter.

UC Goering Center news

July 7, 2020

By Anthony C. Kure Many of us fondly look back on the 1980’s. The music, TV, movies and style are distinctly memorable. For savers and retirees, there is nostalgia for the higher interest rates. These higher rates on bonds and cash, sometimes in the double-digits, generated healthy income. Some retirees could fund all their needs with the interest income from a portfolio of all bonds. When supplemented by Social Security and even a pension, much more common then, investors were less dependent upon stocks, and as a result, less concerned about volatility. Today the notion of living off bonds alone is unrealistic for a vast majority of investors. Yields on the 10-year U.S. Treasury note are less than 1%. High-quality corporate bonds yield a little more, but not much. So retirees living off their investment portfolio need a growth engine to keep up with inflation and sustain purchasing power. That growth engine is stocks. Stocks have a long track record of outpacing bonds, but at a cost. 2020 has served as a reminder that stocks can generate gut-wrenching paper losses. Without the proper approach and mindset, these market declines sometimes lead to panicked reactions. Some simply can’t endure and decide to sell all their stocks in hopes of avoiding further pain. This reaction may provide a little better sleep in the short-term, but it also locks in permanent losses, jeopardizing the success of a retirement plan. So what can be done to avoid such a disaster?

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Goering Center for Family & Private Business

225 Calhoun Street, Suite 360
Cincinnati, OH 45219
(513) 556-7185
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