There is a new knee procedure, just approved by the FDA in 2016, that is starting to gain popularity. It can help those with knee cartilage damage not associated with osteoarthritis, such as athletes or individuals who would like to avoid (or don’t qualify for) knee replacement surgery. The procedure involves growing new cartilage to help repair the damaged, resulting in stronger knees and much less pain.
Another one of SFG’s beloved traditions is caroling at our local Veterans Hospital, which we’ve been doing for eight years now. Each December we gather our spouses, children, parents, and friends — the more the merrier! — and spend an afternoon singing Christmas carols to (and with) the veterans at the hospital. This year we sang in the main dining hall and also walked around the hallways so patients in their rooms could hear as well. Many of them joined in, requested songs, and sang merrily with us.
It is important to understand how a rising-rate environment impacts bond prices. A principle of finance is that when interest rates go up, bond prices go down.