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Tuesday, January 27, 2009

Best-kept secret: Henderson Obituary Index

For the past 5 years the library has been quietly building an online service that has become valuable not only to Henderson County residents and businesses, but also to people across the country. Our local history librarians are recording every obituary printed in The Gleaner and making that information freely available and searchable from the library’s website. This is an enormous project that will take years to complete. The library has microfilm copies of The Gleaner dating back to 1880 and the goal is to record every obituary or death notice printed in each of those issues.

The index grows daily and today it includes over 30,000 obituaries from 1981 to the present. Librarians are inputting data from the years 1979 and 1980. You can search by the decedent’s name, name of spouse, maiden name, names of survivors, date of death, place of death, and more. The obituary record will give you all of this information (if present in the obituary) along with the date that the obituary appeared in The Gleaner. In addition, any newspaper articles related to the death of an individual are listed in the obituary record (e.g. if the person was murdered, died in a car accident, etc.).

The library receives emails from across the country from genealogists who have searched the obituary index and found unknown relatives. Many times these researchers want to know if the library has any other information on their family members. Frequently the library will send copies of obituaries from The Gleaner to individuals (for a small fee). Our local residents use the service when they have forgotten or misplaced the death date of a friend, acquaintance or relative, or the names of the children of a friend who passed away. Local businesses also use the service to keep up with clients and customers.

The obituary index is one of the library’s most used online services. To access it, start here or visit our Genealogy page. For more information, please call the library at 270-826-3712 or contact our Genealogy Department.

Monday, January 26, 2009

Where to invest in 2009

Morningstar Investment Research Center has published a brand-new booklet just in time for the new year titled Where to Invest in 2009. You may view and/or download it for your personal use (PDF format).Topics covered include:

  • 10 best companies in the world
  • The best funds for 2009
  • Retirees' 2009 survival guide
  • Clip and save: 20 common investing mistakes

Morningstar Investment Research Center is great tool for new and veteran investors. It's chock full of unbiased analyst reports, tools for evaluating your portfolio, and lessons on how to invest. The best part is that it's free to all valid library cardholders! Begin now or learn more.

Saturday, January 24, 2009

DVDs, Books on CD, & Music ordered Jan 21

Below is a list of the DVDs, Books on CD, and Music recently ordered by the library. Click on the titles to see more and request a copy!

DVDs
Story of India
Batman
Last dragon
Blood in-- blood out: bound by honor
Brideshead revisited (2008)
Casino
Catwoman
Dora's fairytale adventure
Happy-go-lucky
Rachel getting married
Return to me
The 13th warrior
Vicky Cristina Barcelona
W.
Sleepy Hollow

Books on CD
Kiss by Dekker, Ted
Finger lickin' fifteen by Evanovich, Janet
Cast of characters by Lucado, Max
Come thirsty by Lucado, Max
Cure for the common life by Lucado, Max
The gift for all people by Lucado, Max
The love response by Selhub, Eva
The Guernsey Literary and Potato Peel Pie Society by Shaffer, Mary
A. Lincoln by White, Ronald C.
Sherman by Woodworth, Steven

Music CDs
Feel that fire by Bentley, Dierks
Little bit of everything by Currington, Billy
The life of a song by Joey & Rory
Playlist: The very best of Martina McBride by McBride, Martina
Sunset man by Otto, James
Easy does it by Owen, Jake
Play: the guitar album by Paisley, Brad
Startin' fires by Shelton, Blake
Prayer of a common man by Vassar, Phil

New books we ordered January 21

Below is a list of the books recently ordered by the library. They are grouped by Adult. Click on the title to see more and request a copy!

Books for Adults (Fiction and Nonfiction)

Falling hard : 100 love poems by teenagers
Poe : a life cut short by Ackroyd, Peter
There's something about St. Tropez by Adler, Elizabeth
Paths of glory (LT) by Archer, Jeffrey
Owls of North America by Backhouse, Frances
What I saw and how I lied by Blundell, Judy
Jane Brody's guide to the great beyond : prepare now for a smooth ride to the end of life by Brody, Jane
Hidden history by Carlson, Melody
Secrets she left behind by Chamberlain, Diane
Patents, copyrights & trademarks for dummies by Charmasson, Henri
Guilty : liberal "victims" and their assault on America by Coulter, Ann
Why evolution is true by Coyne, Jerry
The Bard : Robert Burns, a biography by Crawford, Robert
The girl she used to be by Cristofano, David
Corsair (LT) by Cussler, Clive
Prayers for sale by Dallas, Sandra
Darwin's sacred cause : how a hatred of slavery shaped Darwin's views on human evolution by Desmond, Adrian
The end-of-life advisor : personal, legal, and medical considerations for a peaceful, dignified death by Dolan, Susan
Safer by Doolittle, Sean
That went well : adventures in caring for my sister by Dougan, Terrell
A song in the air by Douglas, Ann
The land of mist by Doyle, Arthur Conan, Sir
The Malloreon : volume I by Eddings, David
The Malloreon : volume II by Eddings, David
Rebecca's promise by Eicher, Jerry
Rebecca's return by Eicher, Jerry
Sarah's son by Eicher, Jerry
Hannah's dream by Eicher, Jerry
The lost witness by Ellis, Robert
Think pink : crochet for the cure by Ellison, Connie
Finger lickin' fifteen by Evanovich, Janet
Finger lickin' fifteen (LT) by Evanovich, Janet
Shelter me by Fay, Juliette
The curious case of Benjamin Button by Fitzgerald, F. Scott
Suicide notes : a novel by Ford, Michael Thomas
Grave goods by Franklin, Ariana
A slobbering love affair : the true (and pathetic) story of the torrid romance between Barack Obama and the mainstream media by Goldberg, Bernard
Two parties, one tux, and a very short film about the Grapes of wrath by Goldman, Steven
Eight little faces by Gosselin, Kate
The edge of recall by Heitzmann, Kristen
Snakehead by Horowitz, Anthony
Burn : a novel by Howard, Linda
The breakthrough : politics and race in the age of Obama by Ifill, Gwen
Storm cycle by Johansen, Iris
Dreams of eagles by Johnstone, William
Bright futures : a Lew Fonesca mystery by Kaminsky, Stuart
Galway Bay by Kelly, Mary Pat
Bad moon rising by Kenyon, Sherrilyn
1969 : the year everything changed by Kirkpatrick, Rob
Dead ex : a novel by Kozak, Harley Jane
The piano teacher : a novel by Lee, Janice
Maverick by Leigh, Lora
Nauti boy by Leigh, Lora
Nauti dreams by Leigh, Lora
Nauti intentions by Leigh, Lora
Nauti nights by Leigh, Lora
Broken open : how difficult times can help us grow by Lesser, Elizabeth
Guardian by Lester, Julius
Herbert Hoover by Leuchtenburg, William
Fabulous at 50 by Maccaro, Janet
The longevity factor : how resveratrol and red wine activate genes for a longer and healthier life by Maroon, Joseph
The Way of Herodotus : travels with the man who invented history by Marozzi, Justin
Tiger moon by Michaelis, Antonia
The tyranny of dead ideas : letting go of the old ways of thinking to unleash a new prosperity by Miller, Matthew
Fablehaven by Mull, Brandon
Up from history : the life of Booker T. Washington by Norrell, Robert
A case for the existence of God by Overman, Dean
Heartless by Palmer, Diana
A rule against murder by Penny, Louise
Lucky streak by Phillips, Carly
Why Vietnam matters : an eyewitness account of lessons not learned by Phillips, Rufus
Poetry and tales : poetry and tales by Poe, Edgar Allan
The love response : your prescription to turn off fear, anger, and anxiety to achieve vibrant health and transform your life by Selhub, Eva
Voice of crow by Smith-Ready, Jeri
The reawakened by Smith-Ready, Jeri
Eyes of crow by Smith-Ready, Jeri
The caryatids by Sterling, Bruce
Fatal lies : a novel by Tallis, Frank
A matter of justice by Todd, Charles
The lemon tree : an Arab, a Jew, and the heart of the Middle East by Tolan, Sandy
A. Lincoln : a biography by White, Ronald
The uncrowned king : the sensational rise of William Randolph Hearst by Whyte, Kenneth
Plain perfect : a Daughters of the promise novel by Wiseman, Beth
Plain pursuit by Wiseman, Beth
Sherman by Woodworth, Steven
Fitness after 40 : how to stay strong at any age by Wright, Vonda

Monday, January 19, 2009

New Year's Resolution: Learn about Investing

Training tip from Morningstar Investment Research Center by Lars Wasvick.

During the past few months it has been nearly impossible to avoid bad news about the financial markets. Even worse is trying to make investment decisions or discuss investment matters when you might feel rusty or out of step. No need to worry; Morningstar is here to help with our Investing Classroom.

Last month I began following the drama in the auto industry. I heard a lot about equity, liabilities, market capitalization, and the rest of the financial lingo. Rather than skip through the messy terms in the newspaper, I decided to take a refresher course so I could better understand the situation.

If you go to the Help and Education page of Morningstar Investment Research Center, you will find our Investing Classroom. There are courses on stocks, mutual funds, and portfolio analysis. The nice thing about Investing Classroom is that it can help anyone--from the novice to the expert. You will find course levels ranging from basic terms at the 100 level to derivatives and contemporary theories at the 500 level.

The Stocks module is great for anyone looking to get information on choosing stocks to invest in, or just to get an idea of the terminology surfacing in the news. It also includes information on how to calculate ratios, read financial statements, and much more. In the Funds catalog, you will find a plethora of information about how to examine and go about buying a mutual fund. You'll also learn the differences between specialized, growth, and value approaches, along with all the essentials of mutual fund investing.

In the current market, or any market for that matter, having the knowledge to make sound decisions about your investments is paramount. Investing Classroom teaches you how to determine the best kind of mix for you, strategies for buying and selling, and how to rebalance your portfolio. Hopefully you'll discover that even in a struggling market, there are investment opportunities out there.

Morningstar Investment Research Center is great tool for new and veteran investors. It's chock full of unbiased analyst reports, tools for evaluating your portfolio, and lessons on how to invest. The best part is that it's free to all valid library cardholders! Begin now or learn more.

Thursday, January 15, 2009

DVDs, Books on CD, & Music ordered Jan 14

Below is a list of the DVDs, Books on CD, and Music recently ordered by the library. Click on the titles to see more and request a copy!

DVDs

Bait
Bolt
Bride & prejudice
Come see the paradise
The fifth element
Holes
Mad Max
Madagascar: Escape 2 Africa
Mirrors
Night of the twister
Out of time
The people under the stairs
Phantoms
Planes, trains and automobiles
The princess diaries
Problem child tantrum pack
Role models

Books on CD

Alice's adventures in Wonderland by Carroll, Lewis
Ethan Frome by Wharton, Edith

Music CDs

David Archuleta
NOW that's what I call Motown!
Young hearts by Steve Miller Band

New books we ordered January 14

Below is a list of the books recently ordered by the library. They are grouped by Adult and Children. Click on the title to see more and request a copy!

Books for Adults (Fiction and Nonfiction)

It happened to Nancy
Veil of midnight by Adrian, Lara
Wintergirls by Anderson, Laurie Halse
Dreams beneath your feet by Blevins, Winfred
Cedar Green by Boucheron, Rose
Bobbi Brown makeup manual : for everyone from beginner to pro by Brown, Bobbi
Tear down that myth! : how the Reagan legacy has distorted our politics and haunts our future by Bunch, Will
Lone star woman by Callahan, Sadie
The lagoon by Carre, Lilli
The beautiful sound of silence by Charles, Paul
Bulletproof faith : a spiritual survival guide for gay and lesbian Christians by Chellew-Hodge, Candace
My Jesus year : a rabbi's son wanders the Bible Belt in search of his own faith by Cohen, Benyamin
The 6 most important decisions you'll ever make : a guide for teens by Covey, Sean
Career renegade : how to make a great living doing what you love by Fields, Jonathan
Double the pleasure by Foster, Lori
Ecstasy by Frank, Jacquelyn
Whisper no lies by Gerard, Cindy
Born to run : a novel of suspense by Grippando, James
Real murders : an Aurora Teagarden mystery by Harris, Charlaine
Rachel's secret (LT) by Hoff, B. J.
The lost history of Christianity : the thousand-year golden age of the church in the Middle East, Africa, and Asia--and how it died by Jenkins, Philip
Lincoln : the biography of a writer by Kaplan, Fred
Loving what is : four questions that can change your life by Katie, Byron
Dead after dark by Kenyon, Sherrilyn
Moments of clarity : voices from the front lines of addiction and recovery by Lawford, Christopher Kennedy
Fakers : hoaxers, con artists, counterfeiters, and other great pretenders by Maliszewski, Paul
Talent is never enough : discover the choices that will take you beyond your talent by Maxwell, John
Sashenka by Montefiore, Sebag
The book of unholy mischief : a novel by Newmark, Elle
The world we have : a Buddhist approach to peace and ecology by Nhát Hạnh, Thích
Suze Orman's 2009 action plan (LT) by Orman, Suze
Suze Orman's 2009 action plan by Orman, Suze
A dictionary of contemporary world history : from 1900 to the present day by Palmowski, Jan
What world is left? by Polak, Monique
Oracle of the Dead by Roberts, John
The fire kimono by Rowland, Laura
Promise for spring (LT) by Sawyer, Kim
How anyone can become a lean, fat-incinerating, anti-aging wellness machine! by Schafer, Fred
Don't retire, rewire! : 5 steps to fulfilling work that fuels your passion, suits your personality, and fills your pocket by Sedlar, Jeri
The survivors club : the secrets and science that could save your life by Sherwood, Ben
Primal needs by Sizemore, Susan
The 4 day diet by Smith, Ian
City of God : a novel of passion and wonder in old New York by Swerling, Beverly
Embracing the wide sky : a tour across the horizons of the mind by Tammet, Daniel
Bright young people : the lost generation of London's jazz age by Taylor, D. J.
Flat Belly Diet! Cookbook by Vaccariello, Liz
Stay the night : a novel of the Darkyn by Viehl, Lynn
The anteater of death : a Gunn Zoo mystery by Webb, Betty
The diet for teenagers only by Wiatt, Carrie
The wrong side of Murder Creek : a White southerner in the freedom movement by Zellner, Bob
Eat this, not that, for kids : be the leanest, fittest family on the block! by Zinczenko, David
Eat this, not that! supermarket survival guide : the no-diet weight loss solution by Zinczenko, David

Books for Children (Fiction and Nonfiction)

Mr. Lincoln's high-tech war : how the North used the telegraph, railroads, surveillance balloons, ironclads, high-powered weapons, and more to win the by Allen, Thomas
Trains, cranes & troublesome trucks : a Thomas & friends story by Awdry, W.
The best book of trains by Balkwill, Richard
At night by Bean, Jonathan
Two little trains by Brown, Margaret
Quinito, day and night by Cumpiano, Ina
A couple of boys have the best week ever by Frazee, Marla
Traction Man meets Turbodog by Grey, Mini
George Washington by Harness, Cheryl
Old bear by Henkes, Kevin
The last straw by Kinney, Jeff
I am a train by Landers, Ace
Little panda by Liwska, Renata
Barack by Marcovitz, Hal
Michelle by Marcovitz, Hal
The whistle on the train by McNamara, Margaret
George Washington for kids : his life and times : 21 activities by Miller, Brandon
Just in case : a trickster tale and Spanish alphabet book by Morales, Yuyi
Who made this cake? by Nakagawa, Chihiro
Inside the Lionel Trains Fun Factory : the history of a manufacturing icon and the place where childhood dreams were made by Osterhoff, Robert
Boycott blues : how Rosa Parks inspired a nation by Pinkney, Andrea
The key to Rondo by Rodda, Emily
Kidnapped at the Capital by Roy, Ron
The skeleton in the Smithsonian by Roy, Ron
A spy in the White House by Roy, Ron
A thief at the National Zoo by Roy, Ron
The election-day disaster by Roy, Ron
Who cloned the President? by Roy, Ron
Colin Powell : "Have a vision. Be demanding" by Shichtman, Sandra
Sasha by Snyder, Gail
Malia by Snyder, Gail
Hey Mr. Choo-choo, where are you going? by Wickberg, Susan
My secret war diary by Flossie Albright : my history of the Second World War, 1939-1945 by Williams, Marcia

Wednesday, January 14, 2009

Assess your health and wellness this year

Finding accurate and reliable answers to health-related questions can be a frustrating chore. Sometimes there are questions we just don’t want to ask our doctor. Where do we turn? You can spend hours scouring the Internet retrieving huge lists of irrelevant results from unknown sources. Or, you can search the online Health and Wellness Resource Center provided by the Henderson County Public Library.

This user-friendly website provides complete and reliable health information for all ages in plain language. Hundreds of health and medical journals, encyclopedias, and pamphlets are available for you to search. From the video library you may find a panel of medical experts discussing your particular topic. Explore specific areas such as Diseases and Conditions, Alternative Health, and Drugs and Herbal Remedies. Browse a list of trusted medical websites.

Concerned about your overall health? Assess or enhance your own health with calculators and risk assessment tools. The Health and Wellness Resource Center is the one health site you will consult time and again. Don’t waste time sifting through “hits” on the web or getting distracted by advertising and pop-ups. Get answers now. A valid library card is required. Call the Library at 270-826-3712 for more information.

Tuesday, January 13, 2009

New books we ordered January 07

Below is a list of the books recently ordered by the library. They are grouped by Adult and Children. Unfortunately we are not able at this time to link the titles to our online catalog. We hope to have this feature working in the future. In the meantime, please visit our catalog to search for and place holds on the titles below.

Books for Adults (Fiction and Nonfiction)

Birnbaum guides 2009 Walt Disney World : The official guide
Does this book make me look fat?
Living with the dead by Armstrong, Kelley
Recycled home by Bailey, Mark
Two-way street by Barnholdt, Lauren
Joy's LIFE diet : four steps to thin forever by Bauer, Joy
A fine & private place by Beagle, Peter
Doggie day care murder : a Melanie Travis mystery by Berenson, Laurien
Hounded to death : a Melanie Travis mystery by Berenson, Laurien
The triumph of music : the rise of composers, musicians and their art by Blanning, T. C. W.
Dare truth or promise by Boock, Paula
The complete idiot's guide to slow cooker cooking by Brown, Ellen
All pets go to heaven : the spiritual lives of the animals we love by Browne, Sylvia
City of ashes by Clare, Cassandra
City of bones by Clare, Cassandra
City of Glass by Clare, Cassandra
Farraday Road by Collins, Ace
South of broad by Conroy, Pat
Bakewise : the hows and whys of successful baking with over 200 magnificent recipes by Corriher, Shirley
How to draw what you see by De Reyna, Rudy
Almost famous : a talent novel by Dean, Zoey
Alicia afterimage by Delacre, Lulu
Before I die by Downham, Jenny
Boundary by Flint, Eric
The soulmate secret : manifest the love of your life with the law of attraction by Ford, Arielle
The Motley Fool million dollar portfolio : how to build and grow a panic-proof investment portfolio by Gardner, David
Evernight by Gray, Claudia
The biggest loser fitness program : fast, safe, and effective workouts to target and tone your trouble spots-adapted from NBC's hit show by Greenwood-Robinson, Maggie
365 ways to live cheap : your everyday guide to saving money by Hamm, Trent
The complete lyrics of Oscar Hammerstein II by Hammerstein, Oscar
The somme : the darkest hour on the western front by Hart, Peter
A year in Europe : three novels by Hawthorne, Rachel
Suite dreams by Hawthorne, Rachel
Red carpet suicide : a survival guide on keeping up with the Hiltons by Hilton, Perez
Stepping into sunlight by Hinck, Sharon
Sister wife by Hrdlitschka, Shelley
Boutique knits : 20+ must-have accessories by Irwin, Laura
The yada yada prayer group gets caught by Jackson, Neta
So you don't want to go to church anymore by Jacobsen, Wayne
Somebody : the reckless life and remarkable career of Marlon Brando by Kanfer, Stefan
Twenties girl by Kinsella, Sophie
The last thing I remember by Klavan, Andrew
How to ditch your fairy by Larbalestier, Justine
Why we suck : a feel good guide to staying fat, loud, lazy and stupid by Leary, Denis
Disquiet by Leigh, Julia
Thirteen orphans by Lindskold, Jane
One minute after you die by Lutzer, Erwin
Right next door by Macomber, Debbie
Be my angel by Macomber, Debbie
Family planning by Mahajan, Karan
Fragile eternity by Marr, Melissa
Heart of courage by Martin, Kat
Friends with benefits by Mayer, Melody
What's age got to do with it? : living your healthiest and happiest life by McGraw, Robin
100 ways to simplify your life by Meyer, Joyce
When I'm with you by Miller, Linda Lael
The lord-protector's daughter by Modesitt, L. E.
Dreamfever by Moning, Karen Marie
Amazing baby : the amazing story of the first two years of life by Morris, Desmond
Edge of honor by Morris, Gilbert
God's handmaiden by Morris, Gilbert
Falconer and the ritual of death by Morson, Ian
Miles from nowhere by Mun, Nami
The book of decorating : a room-by-room guide to creating a home that makes you happy by Needleman, Deborah
The inferior by OÃŒ‚ Guilin, Peadar
Fragile beasts by O'Dell, Tawni
Shade by Olson, John (John B.)
Home another way by Parrish, Christa
Annie Freeman's fabulous traveling funeral by Radish, Kris
The jazz ear : conversations over music by Ratliff, Ben
Georgia #10 by Rennison, Louise
Stop in the name of pants! by Rennison, Louise
The sweet in-between : a novel by Reynolds, Sheri
Alis by Rich, Naomi
Stop dressing your six-year-old like a skank : a slightly tarnished southern belle's words of wisdom by Rivenbark, Celia
Bless your heart, tramp and other Southern endearments by Rivenbark, Celia.
We're just like you, only prettier : confessions of a tarnished southern belle by Rivenbark, Celia.
Hitler's private library : the books that shaped his life by Ryback, Timothy
Better than yesterday by Schneider, Robyn
This one is mine : a novel by Semple, Maria
The Cleveland Clinic guide to thyroid disorders by Skugor, Mario
Grace for the afflicted : viewing mental illness through the eyes of faith by Stanford, Matthew
Bleed by Stolarz, Laurie Faria
Deadly little secret by Stolarz, Laurie
I like it like that : a Gossip Girl novel by Von Ziegesar, Cecily
Dark lover : a novel of the Black Dagger Brotherhood by Ward, J. R. (Jessica Bird)
Fodor's Walt Disney World with kids 2009 by Wiley, Kim Wright
The shadow pavilion by Williams, Liz
Revolutionary road ; The Easter parade ; Eleven kinds of loneliness by Yates, Richard

Books for Children (Fiction and Nonfiction)

Lemon the duck by Backman, Laura
Time for bed, Isobel by Bedford, David
Jewish holidays cookbook : festive meals for celebrating the year by Bloomfield, Jill
Dragon ball : the junior novel by Deutsch, Stacia
High wizardry by Duane, Diane
Deep wizardry by Duane, Diane
The big splash by Ferraiolo, Jack
Ten little fingers and ten little toes by Fox, Mem
Pandora gets jealous by Hennesy, Carolyn
Pandora gets lazy by Hennesy, Carolyn
Pandora gets vain by Hennesy, Carolyn
Never talk to strangers by Joyce, Irma
Excuse me! : a little book of manners by Katz, Karen
How to behave and why by Leaf, Munro
The way we work : getting to know the amazing human body by Macaulay, David
Hush little polar bear by Mack, Jeff
Lazy little loafers by Orlean, Susan
Once upon a dragon : stranger safety for kids (and dragons) by Pendziwol, Jean
Love, Splat by Scotton, Rob
Hug a bug by Spinelli, Eileen
The mysterious Benedict Society and the perilous journey by Stewart, Trenton Lee
Life on earth-- and beyond : an astrobiologist's quest by Turner, Pamela
The big sleep book by Van Genechten, Guido

Don't Make These 3 Investment Mistakes

Investing tip of the month from Morningstar Investment Research Center, by Christopher Davis, Morningstar Fund Analyst.

Whether it's the Dutch tulip craze of the 17th century, the dot-com mania of the late 1990s, or the most recent rush into real estate, there's no shortage of examples of investors behaving irrationally.

In the world of traditional economists and finance professors, though, that's not supposed to happen. If investors are rational decision-makers, then emotion-driven bubbles shouldn't be possible. Yet human weaknesses can limit our ability to think clearly. Many studies of investor behavior have shown that investors are too willing to extrapolate recent trends far into the future, too confident in their abilities, and too quick (or not quick enough) to react to new information. These tendencies often lead investors to make decisions that run counter to their own best interests.

The idea that investor psychology can result in poor investment decisions is a key insight of an increasingly influential field of study called behavioral finance. Behavioral-finance theorists blend finance and psychology to identify deep-seated human traits that get in the way of investment success. Behavioral finance isn't just an interesting academic diversion, however. Its findings can help you identify--and correct--behaviors that cost you money.

What common mistakes should investors avoid? Here are a few key behavioral-finance lessons worth heeding.

1. Don't read too much into the recent past.
When faced with lots of information, most people come up with easy rules of thumb to help them cope. While useful in some situations, these shortcuts can lead to biases that cause investors to make bad decisions. One example is "extrapolation bias," the overreliance on the past to assess the future. Instead of doing all the necessary and possibly tedious homework in researching a potential investment, investors instead "anchor" their expectations for the future in the recent past.

The problem, of course, is that yesterday doesn't always tell you what tomorrow will bring. If you don't believe us, just ask investors who swarmed red-hot technology- and Internet-focused stocks in 1999 and 2000 expecting the good times to continue. They didn't, and most folks ended up suffering huge losses. Those who dove into real estate or natural-resources funds in more recent years are learning the same lesson now.

It's also worth pointing out that you can make the same mistake in the other direction. This past year was a horrible year for the markets, but that won't last forever either. Just as it's a mistake to assume the good times will never end, it's also foolish to think the bad times will never end.

2. Realize that you don't know as much as you think.
In a 1981 study asking Swedish drivers to assess their own driving abilities, 90% rated themselves as above-average. Statistically speaking, that's just not possible. But most of us are just like the Swedes: We think that we're more capable and smarter than we really are. As an investor, you should check your excessive optimism at the door. You might believe you're more likely than the next guy to spot the next Microsoft, but the odds are you're not.

According to several studies, overconfident investors trade more rapidly because they think that they know more than the person on the other side of the trade. And all that trading can be hazardous to your wealth, as University of California, Berkeley professors Brad Barber and Terrance Odean put it in their 2000 study of investor trading behavior. The study looked at approximately 66,000 households using a discount broker between 1991 and 1996 and found that individuals who trade frequently (with monthly turnover above 8.8%) earned a net annualized return of 11.4% over that time, while inactive accounts netted 18.5%. Investors who traded most often paid the most in brokerage commissions, taking a huge bite out of returns.

All that trading might've been worthwhile if investors replaced the stocks they sold with something better. But interestingly, the study found that, excluding trading costs, newly acquired stocks actually slightly underperformed the stocks that were sold. That means that rapid traders' returns suffered whether or not fees were taken into account. Some researchers have come to a similar conclusion studying fund manager trading--standing pat is often the best strategy.

3. Keep your winners longer and dump your losers sooner.
Investors in Odean and Barber's study were much more likely to sell winners than losers. That's exactly what behavioral-finance theorists would predict. They've noticed that investors would rather accept smaller but certain gains than take their chances to make more money. On the flip side, investors are reluctant to admit defeat and sell stocks that are underwater in hopes of a rebound. As a result, investors tend to sell their winners too early and hang on to their losers for too long.

One way that investors can avoid leaving too much money on the table is to rebalance their portfolios less often. Rebalancing involves regularly trimming winners in favor of laggards. That's a prudent investing strategy because it keeps a portfolio diversified and reduces risk. But rebalancing too frequently could limit your upside. Instead, rebalance only when your portfolio is out of whack with your target allocations. Minor divergences from your targets aren't a big deal, but when your current allocations grow to more than 5 percentage points beyond your original plan, it's time to cut back.

You also shouldn't be afraid to sell a loser because it will turn a paper loss into a real one. Hanging on to a dog in hopes of breaking even is a bad idea because you may be forgoing a better opportunity. The trick is knowing when it's time to cut bait. That's why it pays to have clear reasons in mind for your purchase of any investment right from the get-go. If your expectations don't pan out, then it's time to sell.

4. It's all about discipline.
Fortunately, you don't have to be a genius to be a successful investor. As Berkshire Hathaway chief and investor extraordinaire Warren Buffett said in a 1999 interview with Business Week, "Success in investing doesn't correlate with IQ once you're above the level of 25. Once you have ordinary intelligence, what you need is the temperament to control the urges that get other people into trouble in investing." It's true that not everyone is gifted with Buffett's calm, cool demeanor. But challenging yourself to avoid your own worst instincts will help you reach your financial goals.

Morningstar Investment Research Center is great tool for new and veteran investors. It's chock full of unbiased analyst reports, tools for evaluating your portfolio, and lessons on how to invest. The best part is that it's free to all valid library cardholders! Begin now or learn more.

Saturday, January 10, 2009

DVDs, Books on CD, & Music ordered Jan 07

Below is a list of the DVDs, Books on CD, and Music recently ordered by the library. Unfortunately we are not able at this time to link the titles to our online catalog. We hope to have this feature working in the future. In the meantime, please visit our catalog to search for and place holds on the titles below.

DVDs

The adventures of Food Boy
A Christmas carol
A Christmas Visitor
City of ember
Dragon Ball Z: Broly Triple Threat
Eagle eye
Four brothers
Grosse Pointe blank
How to lose friends and alienate people
Little Tikes Land
Mrs. Doubtfire
Nanking
Oh! Heavenly dog
Once upon a dino tale
Poor boy's game
Race to the finish
Soul men
Stolen summer
The great discovery
Traitor
The walker
War dance

Books on CD

Roads to Quoz by Heat Moon, William Least
Take two by Kingsbury, Karen

Music

Twilight: the original motion picture soundtrack
19 by Adele
Out of the wind: Into the sun by Bothy Band
All about love by Chapman, Steven Curtis
This moment by Chapman, Steven Curtis
Notes from The Village by Cohen, Anat
Finally Ron by Hockett, Ron Quintet
That lonesome song by Johnson, Jamey
Sleepless nights by Loveless, Patty
One hell of a ride by Nelson, Willie
Sounds so good by Shepherd, Ashton
Hello love by Tomlin, Chris
Call me crazyby Womack, Lee Ann

Saturday, January 03, 2009

New books we ordered January 02

Below is a list of the books recently ordered by the library. They are grouped by Adult and Children. Unfortunately we are not able at this time to link the titles to our online catalog. We hope to have this feature working in the future. In the meantime, please visit our catalog to search for and place holds on the titles below.

Books for Adults (Fiction and Nonfiction)

The future church how ten trends are revolutionizing the Catholic Church by Allen, John
The astonishing life of Octavian Nothing, traitor to the nation by Anderson, M. T.
The Kingdom on the Waves v. #2 The kingdom on the waves Maelstrom by Anderson, Taylor
The year of the flood by Atwood, Margaret
The Joker by Azzarello, Brian
Introducing Agatha Raisin The quiche of death ; The vicious vet by Beaton, M. C.
Ironside a modern faery's tale by Black, Holly
Kendra by Booth, Coe
Casting spells by Bretton, Barbara
Beautiful disaster by Brian, Kate
Fool moon (#2) by Butcher, Jim
Grave peril (#3) by Butcher, Jim
Ransom my heart by Cabot, Meg
Bamboo and blood by Church, James
The modern dog by Coren, Stanley
Rapiers and goose quills by Coyle, Harold
The Spanish game by Cumming, Charles
The Duggars by Duggar, Michelle
Sacred hearts by Dunant, Sarah
The Bible and the people by Ferrell, Lori
Ad 381 heretics, pagans, and the dawn of the monotheistic state by Freeman, Charles
Billy F. Gibbons : rock + roll gearhead by Gibbons, Billy
The devil's breath by Gilman, David
Angels and ages a short book about Lincoln, Darwin, and modern life by Gopnik, Adam
Back to the streets by Hernandez, Treasure
Choosing sides-- / Choosing Sides... by Hernandez, Treasure
The new Mediterranean diet cookbook : a delicious alternative for lifelong health by Jenkins, Nancy
Winter's heart by Jordan, Robert
The hour I first believed by Lamb, Wally
Too fat to fish by Lange, Artie
Rosemary's baby by Levin, Ira
Bad traffic by Lewis, Simon
Pretty monsters by Link, Kelly
Dating da Vinci by Lott, Malena
A clash of kings by Martin, George
A storm of swords by Martin, George
Make 'em laugh by Maslon, Laurence
Ultimate weapon by McKenna, Shannon
Bluegrass a true story of murder in Kentucky by Meter, William
A year in high heels by Morton, Camilla
The mind of jihad by Murawiec, Laurent
The knife of never letting go by Ness, Patrick
Happy at last by O'Connor, Richard, Ph. D.
Wars of blood and faith by Peters, Ralph
What I did for love by Phillips, Susan
The scent of rain and lightning by Pickard, Nancy
The weapon by Poyer, David
Sea swept (#1) by Roberts, Nora
The two swords by Salvatore, R. A.
Auto repair for dummies by Sclar, Deanna
The devil came on horseback : bearing witness to the genocide in Darfur by Steidle, Brian
All I want is everything by Von Ziegesar, Cecily
The missing by Walker, Shiloh

Books for Children (Fiction and Nonfiction)

Pete & Pickles by Breathed, Berke
Little Mouse's big book of fears by Gravett, Emily
The dog who belonged to no one by Hest, Amy
Ten tiny babies by Katz, Karen
The soldiers of Halla by Machale, D. J.
The smile by Napoli, Donna Jo
Leven Thumps and the eyes of the Want by Skye, Ober
Leven Thumps and the wrath of Ezra by Skye, Obert
Nobody here but me by Viorst, Judith

DVDs, Books on CD, & Music ordered Jan 02

Below is a list of the DVDs, Books on CD, and Music recently ordered by the library. Unfortunately we are not able at this time to link the titles to our online catalog. We hope to have this feature working in the future. In the meantime, please visit our catalog to search for and place holds on the titles below.

DVDs

Balzac and the little Chinese seamstress
Barbershop 2: back in business
Bringing down the house
The tommyknockers
Beverly Hills Chihuahua
Body of lies
Changeling (2008)
High School Musical 3: Senior Year
The secret life of bees

Books on CD

No ordinary time by Goodwin, Doris Kearns.
The girl with the dragon tattoo by Larsson, Stieg
Happy at last by O'Connor, Richard, Ph. D.
Cemetary dance by Preston, Douglas
The wordy shipmates by Vowell, Sarah

Music

Cadillac Records: music from the motion picture