Study Links Good Financial Habits To Achieveing Happiness, Financial Advisor Says

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David Cumming, senior vice president and financial advisor, Morgan Stanley.

By David L. Cumming

From record-breaking stock market returns to falling unemployment, the U.S. has no shortage of positive economic indicators, and the majority of investors say they feel confident about achieving both their short- and long-term goals, according to the latest Morgan Stanley Investor Pulse Poll, which surveyed more than 1,200 investors age 25 to 75 with over $100,000 in assets.

About one in four (29 percent)—or 36 million—U.S. households fall into this category.

Mostly sunny, with some clouds

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Market Volatility Is Normal; Small Businesses Should Remain Calm As Things Play Out

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Kevin M. Hedley, partner with Hedley & Co. PLLC, Saratoga Springs.

By Jill Nagy

Investment strategies in today’s complex economic environment can cause small business people and individuals to pause.

“Every business owner has different issues to deal with and there is no one answer for everybody,” said Kevin Hedley, a principal in Hedley & Co. PLLC, Certified Public Accountants in Clifton Park. 

In looking at investment strategies, near the top of his list this year is reviewing the structure of the business in view of recent changes in the tax code, he said.

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To Keep Investments Working Consistently, Let Them ‘Go On A Vacation’ This Summer

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Rob Snell, financial advisor, Edward Jones Financial in Saratoga Springs.

By Rob Snell

Summer is here – and so is vacation season. Americans spend a lot on their summer getaways—more than $100 billion in 2017 alone, as reported in Travel and Leisure magazine.

When you hit the road, you will enjoy getting away from your regular tasks, but there’s one part of your life that should never take a break—your investments.

To keep your investments working consistently and efficiently for you, consider these suggestions:

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Legacy Timberframes In Stillwater Completes Project In DesMoines, Iowa, For RV Business

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Legacy Timberframes crafted and installed these timber frame accents and porches for the exterior of this new RV One showroom in DesMoines, Iowa.
Courtesy Legacy Timberframes

By Rachel Phillips

Legacy Timber Frames Inc., a local boutique timber frame company that has clients all across the country, recently just finished a project for an RV showroom in Iowa.

Though they’ve worked in Maryland, Illinois, Florida, Maine and more, the majority of their work is local and their headquarters are located at 691 County Road in Stillwater. The company recently celebrated its 30th year in business. 

Legacy Timber Frames’ president Annemarie Mitchell described the company as more of a sub-contractor, as they do not general contract an entire home or building. Instead, the company provides timber frames for various projects.

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LaRue Woodworking Expands Its Business Through Relationship With Curtis Lumber

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Will LaRue is the owner of LaRue Woodworking in Ballston Spa. ©2018 Saratoga Photographer.com

By Maureen Werther

Master craftsman Will LaRue has operated LaRue Woodworking (part of LaRue Enterprises) on his family farm for nearly 20 years and he continues to expand. 

His most recent expansion of business  comes in the form of a relationship with Curtis Lumber, an area business with its own history of longevity in the region. LaRue said that he is currently doing custom moldings, custom millwork, wood countertops through Curtis. 

“They pretty much send over anything wood-related,” said LaRue.

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Recruiting New Workers For Jobs In Building Trades Continues To Be A Challenge Locally

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Those in the building trades field say recruiting new workers remains a challenge.
©2018 Saratoga Photographer.com

By Maureen Werther

People in the building and trades industry—union leaders, business owners and educators—continue to say there is an ongoing need to recruit new people for the welding, HVAC, building construction, plumbing, electrical and other trades.

At a recent meeting of BOCES counselors and business owners at the offices of Bonacio Construction, Sonny Bonacio talked about the need for skilled labor industry-wide. Bonacio Construction, formed in 1988, is a major residential and commercial builder in the Capital Region.

“It’s been a challenge for the last 15-20 years getting plumbers, roofers, framers. We’ve noticed in our own company there are way too many people who are in their 40s and 50s and not enough in the 20- and 30-year-old range,” said Bonacio.

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Gansevoort Company Official Is NESCA President, Replacing Local Business Woman

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Cathy Morin of Niatrust Drywall in Wilton, was the third female president of NESCA. ©2018 Saratoga Photographer.com

By Maureen Werther

Lee Keirstead, project manager for Stone Bridge Iron and Steel, Inc. in Gansevoort, is the new president of Northeast Subcontractors Association (NESCA).

NESCA is a nonprofit trade association based in Albany. It represents nearly 500 subcontracting companies, specialty contractors and suppliers of construction material and equipment, making it the largest subcontractor group in the country. Its members include both union and open-shop companies.

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Capital Area Physical Therapy And Wellness Device Measures Unseen Human Movements

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A patient wears a sensory technology device to measure unseen human movements.

Capital Area Physical Therapy and Wellness in Malta and Queensbury is offering Dorasvi, a revolutionary wearable sensory technology based out of Australia that is used by several professional sports organizations around the world like the New York Islanders and European Premier League Clubs.  

Dorsavi technology includes small wireless sensors that contain an accelerometer, a gyroscope and a magnetometer to measure parts of human movement that are unseen to the human eye. The portable, motion-capture technology records data at 200 frames per second and gives the therapists a real-time biomechanical analysis to accurately assess, prevent, and manage injuries and guide rehabilitation.  

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Saratoga Hospital Meets Funding Goal For Improvements To Its Surgical, ICU Facilities

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Visitors, volunteers and staff of Saratoga Hospital recently toured one of the new state-of-the-art operating rooms resulting from the hospital’s $8 million capital campaign.
Courtesy Saratoga Hospital

Saratoga Hospital celebrated in May the closing of its capital campaign for surgical and intensive care services.

The campaign began with a $4 million goal that was doubled to $8 million, due to the community’s motivated response to help secure support for burgeoning surgical and critical care volumes, hospital officials said.

 The campaign supported the largest capital project in the hospital’s history—its new Surgical Pavilion and the Marylou Whitney and Desmond DelGiacco, MD, Intensive Care Unit. In total, the five-year campaign raised $8 million toward the total costs that exceeded $32 million.

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Burn Boot Camp In Clifton Park Provides A Friendly And Non-Judgmental Atmosphere

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Burn Boot Camp Christa Resavy oversees one of her trainers at the facility she oversees at at 1758 Route 9 in Clifton Park. The 4,000-square-foot facility is in Parkwood Plaza.

By Jennifer Farnsworth

For people wanting to get in shape and  looking for a comfortable, judge-free zone to do so, Christa Resavy says Burn Boot Camp in Clifton Park is the place. 

She said this fitness arena provides results through a workout that people will want to maintain for life. Originally from Glenville, Resavy is running the Clifton Park location from her North Carolina home. She said she is excited to see the Capital District experience this new take on getting, and staying, in shape.

Resavy said after attending the College of Saint Rose, she met her husband and began traveling across the country for his career. She said throughout various moves, she was able to find friends and connect through exercise programs. After tearing her ACL while in her current location of Raleigh, N.C., she said she began to look around for a place that would allow her to slowly get back into her love of physical fitness. She found a local Burn Boot Camp, and immediately felt it was the perfect match for her.

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