Check Out The Buzz!
Welcome to the adventures of Jonathan Kvasnik, Beekeeper and Financial Advisor. Follow the epic journey from a single hive on the roof of BankCherokee to the successful split of two overwintered hives and beyond. These blogs intertwine Jon’s enthusiasm for beekeeping with his passion for ESG investing. Through hive collapse, swarm threats, bee lawns and values-based investing, there is always a fascinating story to tell.
Lesson 2: Tell your friends
02/20/2020 - Listening to the Bees. Lessons in wealth, health and happiness.
When honeybees find a good source of nectar they go back to the hive and tell all their friends. They even have an elaborate dance that tells the other bees exactly where to find that good nectar. The better the food source, the more enthusiastic the dance.
We won’t make you dance – although dancing is a great way to meet your daily step goal - but we do want you to tell your friends about us. We know it is not always easy to talk to friends and family about money, so we came up with some good ways to work us into your conversations.
1) ESG Investing – Climate change, wealth disparity, recycling, diversity – these are all hot topics in the news and entertainment world today. Did you hear Joaquin Phoenix’s Oscars acceptance speech? He is passionate about the environment and animal rights. There are many people trying to do the right thing to make our world a better place. Investing in companies that embrace sustainability is a good start. When you hear your friends and family discussing these topics, mention our ESG investing program. We can match your values with your investments.
2) Long term care – Chances are you know someone who has had to move a loved one into assisted living. The costs associated with these moves are more than most people anticipate. If you know someone who is worried about how they will afford this move when it is their turn, tell them that we offer long term care insurance to help with the high costs of assisted living facilities.
3) SECURE Act – The SECURE Act went into effect on January 1, 2020. There are some important changes that may impact you or someone you know. The following are just some of the changes: no more maximum age for IRA contributions, RMD withdrawal age raised to 72, no more stretch IRAs, more access to multiple employer retirement plans for small business. Tell your friends to call us to find out more about this new law.
We want to help you AND your friends create sustainable financial goals. Call Jonathan Kvasnik today at 651-290-6114. Your referrals mean a lot to us, so make sure that your friends mention your name when they call us. You will receive a $25 gift card for every friend that meets with Jon.
Lesson 1: Clean and efficient
01/29/2020 - Listening to the Bees. Lessons in wealth, health and happiness.
Did you know that honeybees are neat freaks? One of the most important jobs for worker bees is keeping the hive clean. The queen even does spot checks and calls for a second cleaning if a cell is not immaculate. Not only are hives spotless, their storage system is very efficient. The hexagonal shape in honeycomb holds the most honey with the least amount of wax to create the borders. What can we learn from the clean, efficient hive? There has been a lot of buzz in the media about de-cluttering – Marie Kondo anyone? Start now with eliminating paper statements!
We have been promoting “going paperless” on your financial statements for years. Our main reason for this advice is environmental. Eliminating the paper statements saves trees and reduces greenhouse gases and wastewater. But what are some of the other benefits of electronic statements?
Reduced clutter – instead of piles of paper or overflowing filing cabinets, you can view your statements online anytime. We do recommend saving a copy of your year end statements. This can still be done electronically as long as you have a password protected computer and keep your security software up to date. Just create a new folder on your computer to store your year end statements. If you really want to get fancy, you can create a digital filing cabinet. Search “going paperless at home” for ideas.
Convenience – When you have online access to your financial statements, you can view them anytime! Doing your taxes at midnight and don’t want to dig through the scary basement filing cabinet for your September statement? Can’t call Cherokee Investments because no one is there at midnight, but you can log on to your account and find what you need.
Save money – Some companies are charging $1 or more per document to provide paper copies. Switching to electronic eliminates those fees.
Once you have gone paperless for your financial statements, we recommend one additional step. It does involve at least one piece of paper, but it is important. Make a list of your accounts; include financial advisor or other contact information for each account. With no paper statements, your beneficiaries may have trouble finding all of your investment accounts so make sure they know where you keep this list. (While you are thinking about beneficiaries, you may want to double check that your beneficiaries are up to date on your accounts).
Call Krista at 651-291-6216 today to get started on your “clean and efficient” filing system.
10/21/2019 - Check Out The Buzz!
Back in April, we gave out sunflower seeds to plant in your yards. We would love to see how they did! Send us your sunflower pictures and we will create a collage in our office. We have already received a few great pictures and are excited to see more.
Once again it is honey harvest time for Queen Flora and her bees. As a beekeeper, my main concern is the conservation and well-being of my honeybees. Harvesting honey is a bonus. This year, only one of my hive locations provided excess honey for harvesting. The two other locations produced enough to get them through the winter (fingers crossed), but nothing extra. Helping the bees and the environment is enough to keep me interested in beekeeping, but that honey bonus helps me stay on track.
We have been talking about ESG investing for years. We love it for its sustainability and the impact it has on our world. But, is there a bonus in ESG investing? We think so. When a company implements solid environmental, social and governance business practices, they are building a sustainable future and that can be good for their bottom line. Call us today at 651-290-6114 to find out how ESG can keep your portfolio on track.
Jonathan Kvasnik, ChFC
It’s the Little Things…
08/12/2019 - Check Out The Buzz!
We spend a lot of time talking about little things that can make a difference in our environment. We have collected a couple of inspirational stories to share with you.
The first story takes place right in our own backyard. The Smith branch of BankCherokee updated the landscaping around the building to include pollinator-friendly plants and flowers. Providing more food for the Rooftop bees will make it easier for them to meet their winter honey goals. The bees are thrilled with the new gardens.
It may seem like planting a new garden isn’t enough to make a difference in the environment. The bees tell us that small efforts add up. No good work is too small to count. We can look to the Minnesota State Fair for another example. This year, one of the New Foods was pulled from the list because a petition was submitted objecting to the use of non-recyclable plastic. The Wingwalker Donut Flight was to include 3 plastic syringes for injecting fillings. The petitioner thought about all that waste and decided to do something. The State Fair listened and convinced the vendor to remove the item from their menu. Again, this may seem like a small effort, but think of all those plastic syringes littering the fairgrounds.
Investing with ESG values provides the opportunity to make a bigger difference by influencing larger companies. For more stories about making a difference, click here.
Do you have a “making a difference” story you would like to share with us? We would love to hear it! Send to email@example.com
Jonathan Kvasnik, ChFC
A Tale of Two Splits
07/02/2019 - Check Out The Buzz!
Beekeeping is a mixture of knowledge, experience and luck. Guiding not one but three hives successfully through the winter gave me a great feeling of accomplishment. But I couldn’t bask long in my glory, I had hives to split!
With no experience in splitting hives, I had to rely on theory and luck to guide me. My plan was to split two of the hives and leave the third hive alone. I decided not to micro manage by introducing new queens, but let the bees use their instincts to create new queens in the splits. I took a risk and waited impatiently for the results.
The results were worth the wait as the bees hatched new queens in both of the splits! My two bee colonies became four; I doubled my bees without investing in new bees or new queens. My tolerance to take a risk paid off in new bees and the potential for more honey.
Luck was on my side in regards to the third overcrowded hive. The bees did not swarm but expanded into a very strong hive. Next year I will almost certainly have to split this hive to avoid swarming.
Determining my risk tolerance helped me create a plan for my overcrowded hives. Evaluating your risk tolerance guides me in designing an investment portfolio. I invite you to take advantage of my knowledge and experience to create a portfolio that is right for you. Call me at 651-290-6114.
Jonathan Kvasnik, ChFC
Alive! They’re alive! They’re alive!
04/09/2019 - Check Out The Buzz!
For the first time, ALL THREE of my hives survived the winter! All of my preparation for winter worked as expected and the bees endured the polar vortex and record snow in February. While I am thrilled that my bees made it through this crazy winter, I am now faced with some critical decisions involving overcrowding and an aging queen.
The queens are already hard at work laying eggs. This means that by May each hive will house upwards of 60,000 bees! An overcrowded hive is likely to trigger swarming. To avoid this, I really should attempt to split the hives.
To add to the overcrowding issue, one of my queens is entering her 3rd season. Queens only mate once in their lives, so they eventually lose the ability to lay fertilized eggs. This often happens in the 3rd year. To avoid failure of the hive, I should replace the old queen with a new queen.
As I see it, there are two ways to solve these dilemmas – the natural way and the proactive way. In a natural environment, the overcrowded hives would swarm and the aging queen would be deposed by a newly hatched queen. If I want to be proactive, I could test my beekeeping skills to split the overcrowded hives and remove the 3 year old queen, replacing her with a new queen. My instinct may tell me to take the natural route, but my experience tells me not to leave anything to chance.
My plan is to use a balanced approach. I will split 2 of the hives and let nature take its course on the 3rd hive. Once the hives are split, I will decide what to do about my aging queen. It’s going to be an exciting spring!
Like the aging queen bee, some portfolios can become ineffective over time. Some years everything works and your portfolio thrives. Other years can see market adjustments, interest rate changes, life events and other factors that may influence the productivity of your portfolio. That is why an annual review is so important. I encourage you to be proactive with your portfolio. Call me today at 651-290-6114 to schedule your review.
Jonathan Kvasnik, ChFC
08/16/2018 - Check Out The Buzz!
Queen Flora and I are having a disagreement. At my last inspection of the hive, I found swarm cells! Of course, I confronted Flora:
Jon: I found your swarm cells, care to explain?
Flora: You’re crowding me!
Jon: I can add on to the hive, you know I have more supers.
Flora: I am a grown bee, I can make my own decisions!
Jon: Fine. At least let me help you look for a new home.
Flora is silent.
Swarming is common and healthy in the world of bees. When a hive becomes too crowded, the colony may decide to swarm. In preparation, the current queen will lay eggs in the worker bee created queen cups. The workers then reduce her feedings, putting her on a crash diet so she will stop laying eggs and lighten up enough to fly to the new location. Once the preparations are made, the swarm begins with the queen and 50-60% of her offspring leaving the hive and resting in an interim location. At this point, scout bees go looking for a permanent location. They debate and vote on the final location. The last step is to move in.
I don’t want to lose my bees! I do have some options. The least risky option would be to let Flora go and focus my attention on making the new queen happy. In a balanced approach, I can prepare for the new queen AND I can try to catch the swarm. When they move to their interim location, it is possible to coax them into a new hive box. Or, if I am willing to take greater risk, I can move the frame containing the queen cups to a new hive box. The hive may still swarm and the new queen may die. I need to re-evaluate my risk tolerance before taking action.
Risk tolerance is a very important part of investing. Ranging from conservative to aggressive, risk tolerance dictates how a portfolio is built. Life events can drastically change your risk tolerance, so it is important to re-evaluate annually. Call me at 651-290-6114 to make sure your portfolio is in line with your risk tolerance.
Jonathan B. Kvasnik, ChFC aka King Bee
Long Live Queen Flora!
05/04/2018 - Check Out The Buzz!
I would like to introduce you to Queen Flora, goddess of flowers and spring. In the short time I have known her, she has proven to be a powerful addition to the rooftop hive. When faced with the blizzard of April 14th, she and her bees persevered. A strong leader is so important to a hive. Most of us don’t understand just how important pollinators are in our daily life. We think, yes, I like honey, but I don’t really NEED it. Those flowers are pretty, but I don’t REALLY care if they don’t spread seeds and come back next year.
Nearly ¾ of the world’s food crops rely on pollinators for production. Not only fruits, vegetables and flowers rely on pollinators. Almonds are 100% dependent on pollinators – no bees, no almonds! What about the honey? Honey contains antioxidants and is anti-bacterial. Some varieties contain “good” bacteria acting as a probiotic. Manuka honey has been found to stimulate the production of immune cells. Oh, and it tastes good!
I have already encouraged you to cut down on pesticide use and plant pollinator friendly gardens. I have also introduced ESG investing as a way to help save the environment. You may wonder if ESG investing really has an impact on the environment. Shareholder initiatives are having an effect on large companies. Use these links to learn more: Earth Day 2018 , As You Sow
Call me at 651-290-6114 to schedule your Spring Cleaning portfolio review. I have some great new ideas for ESG investing.
Jonathan B Kvasnik, ChFC – King Bee
They’re Baaack! One of my beehives made it through the winter and lives to see another spring. Fighting off mites, cold weather and the dreaded colony collapse disorder, the bees pulled together and survived. Over 60% of hives do not make it through the winter, so I am very proud to have a hive that beat the odds.
A hive that survives the winter has many important traits:
- Hardiness to withstand the cold Minnesota winter
- Good honey production to provide the food for winter
- Low mite loads to prevent an outbreak of mites
- Good temperament to keep the hive from being overly aggressive or frantic
- Bees working in harmony with mother earth
Now the bees will soon get back to work pollinating the plants and trees in our communities. I would like to help you. I am giving out pollinator friendly seed packets for you to plant in your yards and gardens. When you stop by this spring, ask me for your “Bee Happy” seed packet. You can also help by eliminating or cutting down on pesticide use at home.
A sustainable portfolio has very similar traits to that of a successful hive:
- Hardiness – a good allocation mix that will weather the ups and downs of the market
- Good production – steady growth in a portfolio may help you reach your goal
- Low mite loads – never heard of mites taking over a portfolio, but if you don’t have a sound strategy, who knows what will damage your portfolio
- Good temperament - stay within your risk tolerance and avoid being overly aggressive or frantic when dealing with your retirement money. Slow and steady wins the race.
- Harmony – our commitment to ESG investing, removing non-sustainable companies and adding more Environmental, Social, Governance (ESG) friendly investments
I look forward to seeing you this spring as our community continues to bloom and the bees continue their important role. You can always call me at 651-290-6114 to discuss integrating ESG (Environmental, Social and Governance) investments in your portfolio.
Jonathan Kvasnik, ChFC
Paint My Hive
02/02/2018 - Check Out The Buzz!
Queen Bee-Oncé is singing to me as she lounges in the middle of her warm cluster. She has been daydreaming about the art she would like to display on her hive. Thanks to a client who recently sent me information on beehive panel painting, I was able to interpret the Queen’s song. I listened and have commissioned some new art for the hive.
Beehive panel painting has a long tradition in Slovenia. It dates back to the mid 18th century with the earliest panels being devotional in nature. Over time they evolved to depict everyday life, historical events or even amusing stories. I will keep this tradition in mind as I choose the right design for Queen Bee-Oncé’s hive.
Tradition can be important in investing too. Does your family know why you invest the way you do? If you invest with your values in mind it can be a great tradition to pass on to future generations. I can help you build a portfolio that you will be proud to pass on to your heirs. Call me at 651-290-6114 to get started.
Jonathan B. Kvasnik, ChFC – King Bee
The Winter Tour
01/09/2018 - Check Out The Buzz!
Queen Bee-Oncé and the Hive are rehearsing for their biggest show of the year – Winter. As the temperatures dropped, the Queen held auditions and all of the drones were cut from the show and cast out of the hive. Since the drones' only role is to mate, they are not needed over the winter. Casting them out leaves more honey for the backup dancers (worker bees) who have the most important role in the show. The backup dancers have begun practicing their new dance, the Shiver. In a large cluster formation, they vibrate their flight muscles but keep their wings still. This activity generates enough heat to warm the inside of the cluster to over 90 degrees Fahrenheit. Queen Bee-Oncé will ride out the winter in the middle of this cluster. She will be warm and well fed, like a true Diva.
Honey is the key to the success of this show. The Shiver dance takes a lot of energy, which must be replenished with nourishment in the form of honey. I got a taste of how important the honey is to the hive when I checked in to correct a potential problem. As I tried to re-position some of the frames of honey, I was swarmed by backup dancers and received my first sting as a beekeeper. They gave up their lives to protect the honey that will sustain the hive through the winter.
We have learned that the Bees are continuously adjusting to ensure that they don't run out of honey regardless of the cost. We can apply this lesson to investing. Adjustments are necessary to keep your portfolio running smoothly. Working together, we can balance your risk, cost, return and ESG principles to increase the chances of success in your big show - Retirement. Call me at 651-290-6114 to get started.
Jonathan B. Kvasnik, ChFC – King Bee
Queen Golda’s Legacy
10/12/2017 - Check Out The Buzz!
Queen Bee-Oncé and the Hive have been working very hard all season. They sang and danced their way to producing 3 times the honey their predecessors produced last year. A big part of their success was having a good starting base of saved honeycomb and honey from the previous season. With a base of honeycomb and honey already in place, the bees did not have to spend their precious energy and resources to produce all new beeswax and honey at the start of this season. That was a huge time and resource saver for the colony since it takes about 8 pounds of nectar to produce 1 pound of beeswax. The bees were able to focus on producing honey and growing their population faster due to discipline in having the foresight to preserve some of their resources.
A solid foundation is essential to any endeavor. The bees built on the base that began a year ago and had greater success in a shorter amount of time. How many times have you heard that starting is the hardest part? If starting is the hardest part, then having a solid strategy to avoid starting over sounds important for the Bees as well as for investing.
If you want to help future generations of bees (and humans!) consider eliminating pesticides and other chemicals from your yard. If you are feeling more ambitious, you could create a bee lawn. These pollinator friendly spaces are drought tolerant and require very little mowing.
Together we can build a future for you and your family. Call me at 651-290-6114 to learn how ESG investing can influence the way companies are run. With the right investments, you can help make a better world. Bee well.
Jonathan B. Kvasnik, ChFC (aka King Bee)
Queen Bee-Oncé and the Hive
07/25/2017 - Check Out The Buzz!
Queen Bee-Oncé is singing to me about how busy they are in the hive. Her back-up dancers (aka worker bees) are collecting nectar and pollen to make the honey that will get them through the winter. While her dancers search the community for nectar, Queen Bee-Oncé is laying over 1500 eggs a day.
During this peak nectar season there's a whole lotta groovin' going on in the hive. When the back-up dancers find a new source of nectar they return to the hive to do the waggle dance. When there are multiple good nectar sources, the bees compete in dance battles to alert the hive to the new sources. The choreography of the dance shows the direction, distance and quality of the nectar. The first steps indicate the direction of the nectar and the waggles show the distance. The longer the waggle phase, the further away the source. The intensity of the waggle shows the quality of the nectar. The faster the waggle, the better the nectar. These dance battles can get pretty intense with the competing dancers interrupting each other and even fighting.
Wouldn't it be cool if the winner of the dance battle had visited your garden? You can encourage Queen Bee-Oncé's back-up dancers to visit your yard by planting pollinator friendly gardens and lawns.
When I work with clients to create a portfolio, I can screen for companies that are harmful to the bee habitat and the environment. In addition to making an impact locally, we can use ESG screened strategies to let our investments have an impact globally.
Jonathan B. Kvasnik, ChFC (aka King Bee)
Bee Season is in Full Swing
06/01/2017 - Check Out The Buzz!
Bee season is in full swing and the new colony on top of BankCherokee is doing great. Queen Bee-Once´, the new Queen of 2017, and the bees are making good use of the honey and comb from last year’s colony.
As Queen Bee-Once´ sings to me, I hear she is laying around 1000 eggs a day and the hive is multiplying rapidly. While visiting the rooftop last week, I did find something unexpected. Typically, the honeycomb and brood pattern would be uniform in covering the frames. I found round clumps of cells hanging off the bottom edges of the upper box hive frames. Queen Bee-Once´ and the colony together made the decision that this would be the most efficient use of the hive space for producing new bees.
Nature and instinct took over as Queen Bee-Oncé sang to her bees and they decided to go rogue. The colony decided to build brood comb that is more similar in size and shape to what they may build in a wild environment. It is important for the bees to focus on changing and adapting to their environment to ensure survival of the hive. The colony and I will continue listening to the buzzing voice of Queen Bee-Oncé as she guides us on our journey. I will continue to learn and keep an open mind in hanging with the hive.
It is also important for me to keep an open mind when it comes to managing my clients’ investments. Starting with a sound strategy and a plan to achieve financial goals is the first step. Having the flexibility and willingness to make adjustments along the way can be the difference between success and failure. As shown by Queen Bee-Once´ and the bees, sometimes a creative and unusual approach is what it takes to keep us on track.
Jonathan B. Kvasnik, ChFC aka King Bee
The Queen is dead, long live the Queen!
04/10/2017 - Check Out The Buzz!
Queen Golda of the BankCherokee rooftop colony passed away after a heroic battle with the unpredictable Minnesota winter. She is joined in death by the loyal bees of her colony who did their best to protect her. She is survived by her faithful beekeeper, Jonathan Kvasnik, and many friends and supporters. A private celebration of life will be held on the rooftop and Golda’s mission will continue with her successor. Pollinator friendly flowers encouraged. Please plant in your community.
While we are saddened by the loss of the colony, we will press on in our mission to save the bees. A new Queen will be arriving soon and with her, new hope for the bees. Our colony joins the 60% of Minnesota honeybee colonies that did not survive the winter. Pollinators are disappearing at unsustainably high rates. What can we do? The first step is to provide a pollinator friendly environment – planting the right flowers and refraining from using pesticides and other harsh chemicals that negatively affect the natural world.
Another step we can take is to match our values to our investments. What if your investment portfolio held only companies that do not profit from harming the environment? We have several partners that are able to screen for environmentally or socially responsible companies.
We would love to talk about how to save the environment through investing and through personal action. Call anytime 651-290-6114.
Jonathan B. Kvasnik, ChFC aka King Bee
Bees Understand the Importance of Communicating to Help the Hive
01/23/2017 - Check Out The Buzz!
Soon the Bees will know the time is right to begin working with Queen Golda to lay eggs for the coming season. A question I’m often asked is how do the Bees communicate if they can’t speak?
Bees are one of the most intelligent insects in the animal world. Not only do they have their own sophisticated means of communication, they also have extraordinary navigation skills despite the fact that their eyesight is limited.
It’s common knowledge that honey bees can communicate with each other. They perform a series of movements called a “waggle dance” to tell each other where food is located or which spot is best for building a new colony. However, what many people don’t know is that the dance is extremely advanced. Honey bees know that the earth is round, and they take this fact into consideration when they’re learning the location of a certain food source. Aside from that, they can also calculate angles very easily just by reading their waggle dances. For example, if a bee dances from a 12 to 6 o’clock direction, that means food or home is located directly away from the sun. In contrast, a 6 to 12 o’clock movement signifies that bees are to “fly straight forward towards the sun”. A 7 to 1 o’clock movement means that the bees are to fly “to the right of the sun”.
Aside from communicating with each other, honey bees also navigate their surroundings through other means like remembering visual landmarks, taking the sun’s position into consideration, and using the Earth’s electromagnetic field.
When helping clients navigate through their financial planning, a lot of times it’s not only what I say that is important. Communicating and understanding our surroundings and life experiences can help us work towards a client’s successful plan.
Would you like better communication about your investment planning? We can work together to be sure your investments are in harmony with your values and help you meet your financial goals. Contact me by phone at 651-290-6114, email to firstname.lastname@example.org, or find me on LinkedIn.
Jon Kvasnik, ChFC (aka King Bee)
Bees Wondering What Winter Will Bring
10/26/2016 - Check Out The Buzz!
The Bees on top of BankCherokee are preparing for the great Minnesota winter. Bees have one main job in the winter, to take care of the queen bee. Queen Golda must be kept well fed, warm and free of the diseases spread by mites.
The Colony has been working hard all summer to save excess honey for the winter. Now the nectar flow has ended and the Bees will need to utilize the honey they have stored as a food source. The Bees have also been reproducing which will help in the task of keeping warm. The worker bees surround the queen and form a cluster with their bodies. The worker bees then flutter their wings and shiver to produce the heat they need to survive the winter. The middle of the cluster can reach temperatures of over 90 degrees Fahrenheit.
I have done my part to increase the chances of winter survival by managing the mites, confirming the Bees have plenty of stored honey, and preparing the hive for the winter. Even with these precautions, 50% of Bees in the U.S. are not surviving the winter.
- I challenge you to look ahead to next spring and ask yourself, "What can I do to help?" Here are some ideas:
- Plant bee friendly flowers everywhere
- Provide nesting habitat
- Keep bee flowers clean - do not treat bee-friendly flowers with pesticides (insecticides, fungicides, herbicides, etc.).
- Support efforts to keep bees healthy and on their own six feet
However, just like investing for our own future, for the Bees there are no guarantees of the results.
When we think about how to increase our chances of financial survival we may enact the same ideas as the Bees. We must manage the risks of our portfolio to ensure that we have enough money to draw on in the future.
Worried about the risk in your current portfolio? I can help you adjust and manage the risk to help you meet your financial goals. Contact me by phone at 651-290-6114, email to email@example.com, or find me on LinkedIn.
Jon Kvasnik, ChFC (aka King Bee)
Bees Thank the Community for Providing a Pollinator Friendly Habitat
09/16/2016 - Check Out The Buzz!
Harvest season is coming to a close. Reflecting on my inaugural season as a beekeeper, I am proud the Bees and the community have made year one a success!
Queen Golda and the Bees really worked hard to make the honey season a success. The Bees had a lot to accomplish in the first year of the hive. Their primary tasks were to create all new honey combs, get comfortable in their new hive, lay a lot of eggs, and venture out to forage for nectar and pollen to make the honey. They accomplished these tasks and, perhaps more importantly, had a positive impact on the surrounding community.
As I listen to the Bees they tell me about how much fun they had pollinating the fruits, vegetables and flowers in the neighborhood. The Bees tell me how their work provides a benefit to the environment. Their positive effect on the local habitat is evident in the enhanced colors and growth of the flowers and the increased yield and quality of the fruits and vegetables.
What about the honey? The Bees told me they did not need any extra room for honey. My colony of overachieving Bees really came through in honey production. The hive successfully produced the 80-90 pounds of honey that they need to survive the winter AND made about 25 pounds of excess honey which I am calling "Honey Money."
The bees have taught me about the balance between safety, survival and risk. I need to leave the bees with enough honey to survive the winter. The excess will be used to expand and protect the future bees that will make the golden "Honey Money."
When investing for our future needs we must also maintain and protect a certain amount of our principal or money. If we lose or use it all, our future, just like the Bees, could be in jeopardy.
Are you using a well thought out investment plan? I would be happy to discuss investment strategies that can help you meet your short and long term goals. Connect with me by phone at 651-290-6114, email firstname.lastname@example.org, or find me on LinkedIn.
Jon Kvasnik, aka King Bee
Bees asking, Is it all about the honey?
08/10/2016 - Check Out The Buzz!
Beekeeping adventure - week 16. Queen Golda and the Bees have been busy growing the colony and storing honey. The hive now has one full honey super (9 Frames) and 7 full honey frames in the second honey super. It's decision time. As we come to the end of summer I need to decide if the bees need more space to live and work. If so I will need to add at least one additional honey super now and maybe even two by the end of the season. The more honey the better, right?
One of the most common questions people have asked me is, "How much honey can one beehive produce?" In a good season, a hive can produce 60 – 70 pounds of honey. How hard do they work to make that honey? The bees fly about 55,000 miles to make just one pound of honey, that's 1½ times around the world! I'm tempted to find out what MY bees can do!
As Queen Golda and the Bees talk to me, I hear that they are less concerned about the honey money they will give to me, the beekeeper, and more concerned about whether they have taught me anything about the importance of improving and taking care of our environment. Maybe it's not all about the honey.
I will be thinking about this decision and listening to Queen Golda and the Bees for guidance about which goals of the hive are most important. I will then direct my resources to helping the hive make the adjustments which will help the likelihood of achieving those goals. My decisions will be important for my success as a beekeeper, however for the bees it could mean the survival of the hive.
I will share with you soon the decisions and the results of how the Bees and I moved forward.
Do you have decisions to make about your "honey money?" I would be happy to help you develop a financial plan to meet your goals. Contact me at 651-290-6114, email@example.com or connect with me on LinkedIn.
Jon Kvasnik ChFC (aka King Bee)
Bees Thinking Long Term.
07/05/2016 - Check Out The Buzz!
It is week 10 of my beekeeping adventure. Queen Golda and her bees have been working so hard that 3 weeks ago they lead me to believe it was time to add the honey boxes. When I checked on their progress today I opened the honey boxes and found them empty! The bees have not made any honeycomb or stored any honey upstairs. That was certainly not the result I was expecting.
Listening to the bees this week has taught me some excellent lessons. First, I have no say in the production of honey. Even though I may believe I should receive a return in the form of "honey money," the bees will decide when and if they will fill the boxes with honey. Second, many factors are at work impacting how fast and how much honey the bees can provide in one short season. I need to understand that from season to season the bee colony will adjust and do what is best for the long term benefits of the hive. The bees do not think only of short term gains.
I can't help but apply these lessons to investing. Short term results can be difficult to predict. Recently, buzz words like "Brexit" and "DOL rules" have created some short term volatility. If we think long term and stick to our investment strategy, we can ride out the bumps and feel more confident about reaching our goals.
Going forward I will review the bees' progress using patience and the understanding that the bees know what they are doing and when the timing is right they will provide long term "honey money". In the meantime I will enjoy knowing the bees are working hard to contribute. In the short term, that is enough reward.
Are you thinking long term? I would be happy to discuss investment strategies that can help you meet your long term goals. Connect with me by phone at 651-290-6114, email firstname.lastname@example.org, or find me on LinkedIn.
Jon Kvasnik ChFC (aka King Bee)
Bees Working Hard Saving for Future Needs and Emergencies
06/10/2016 - Check Out The Buzz!
Bees Working Hard Saving for Future Needs and Emergencies. It is week 7 of my beekeeping adventure and the bees continue to amaze me. Queen Golda and the colony are working hard to build the necessary foundation for the success of the hive.
The bees have met their first survival goal of establishing the colony's basic foundation. These little overachievers are ahead of schedule, filling the boxes with honeycomb, eggs, larvae, and hatching bees. Since they have established a solid foundation, it is time to take the next step of saving and storing the extra "honey money" for long term colony needs. I decided it was time to add 2 super boxes for honey.
Queen Golda and the colony are working hard setting a great example of the importance of putting some "honey money" away for the future. As I listen to the bees they continue to inspire me to follow their example of setting short and long term financial and survival goals. How awesome is the perfection of nature's wonders?
If the bees have inspired you to set some financial goals with your extra "honey money", call me at 651-290-6114 or email email@example.com.
Jon Kvasnik, ChFC (aka King Bee)
Bees working Hard to Keep Our Economy Humming!
05/26/2016 - Check Out The Buzz!
It is week five of my beekeeping adventure and the bees are still doing great! Queen Golda has been laying eggs and the colony is rapidly increasing at a rate of about 1,000 bees per day. The worker bees have made 10 frames of new comb and many frames of capped cells which contain eggs, honey and pollen. I decided it was time to expand their home by adding a second hive box.
As I continue to listen to the honeybees, I hear them working hard to keep our economy humming. I have learned that honeybees really do take an active role in our economy. By pollinating crops like apples, berries, cantaloupes, cucumbers, alfalfa, and almonds, they are contributing more than $15 billion to the value of U.S. crops. U.S. honeybees also produce about $150 million in honey annually. What an inspiration!
I am always available to listen to your bee stories and field your financial questions. Contact me at firstname.lastname@example.org or 651-290-6114 or connect with me on LinkedIn. I look forward to hearing from you.
Jon Kvasnik ChFC (aka King Bee)
The honeybees are talking to us, are we listening?
05/13/2016 - Check Out The Buzz!
The honeybees are talking to us, are we listening? I am. Over the last few years, I have developed an interest in the plight of the honeybee. Some of you may be aware of the survival issues the honeybees are facing. Pesticides, colony collapse disorder and destruction of their natural habitat are making it very difficult for the honeybees to do their jobs. I listened and decided to help.
I have become a beekeeper! I established my first bee colony on the rooftop of BankCherokee in Saint Paul. Three weeks in, the bees are doing great. Queen Golda has been accepted by her fellow bees and the workers have begun building the honeybee colony.
Last Saturday I checked on the bees' progress. They have made 5 frames of new comb and 2 frames of capped cells which contain eggs. In the next few days we should start to see new bees emerging from the hive.
I am. Over the last few years I have developed an interest in the plight of the honeybee. Some of you may be aware of the survival issues the honeybees are facing. Pesticides, colony collapse disorder and destruction of their natural habitat are making it very difficult for the honeybees to do their jobs. I listened and decided to help.
Now as I listen to the honeybees, I hear that they are happy and healthy. Their hive is growing and they are working hard to thrive - we can all learn from this example. I hope that by sharing my thoughts on the honeybee and my adventures of becoming a new beekeeper, I will enlighten you and spark your curiosity about the honeybee. You may even be inspired to take action yourself.
If you would like to contact me in regard to the honeybees progress or for Financial Advising** information, I am always happy to listen, help you understand and thrive.
Jon Kvasnik ChFC (aka King Bee)
Securities offered through Securities America, Inc., Member FINRA/SIPC. Advisory services offered through Security America Advisors, Inc., Jonathan B. Kvasnik, ChFC, Representative.
Cherokee Investment Services, BankCherokee, and the Securities America Companies are not affiliated. This site is published for residents of the United States and is for informational purposes only and does not constitute an offer to sell or a solicitation of an offer to buy any security or product that may be referenced herein. Persons mentioned on this website may only offer services and transact business and/or respond to inquiries in states or jurisdictions in which they have been properly registered or are exempt from registration. Not all products and services referenced on this site are available in every state, jurisdiction or from every person listed.
Not FDIC Insured - No Bank Guarantees - May Lose Value - NOT Insured by Any Government Agency - NOT Bank Deposits.