Runaas Resources Public Relations

Jennifer Grassman Recognized by 20/20 for her 2003 Crime Stoppers Benefit Concerts

Houston, TX – September 18, 2009 – At the request of the parents of Rachael Koloroutis, a victim of a quadruple homicide in a Clear Lake, Texas, suburban home on July 18, 2003, Houston-based recording artist Jennifer Grassman spoke with ABC’s 20/20 regarding the six year old murder case. In addition to Grassman’s high school friend, Rachael, 18, three others victims, Tiffany Rowell, 18, Adelbert Sanchez, 21, and Marcus Precella, 19, were also found bludgeoned and shot on that fateful afternoon.

“I remember my Mom calling me up at work,” said Grassman, now 24. “She said, ‘Honey, I’ve got some horrible news. Rachael’s dead. She’s been murdered.’ At first I couldn’t process the idea that she was talking about Rachael Koloroutis. I got numb all over. It was a feeling of profound shock, disbelief, and horror.”

Determined to bring comfort to the bereaved family and help the Houston Police Department apprehend the culprits, Grassman organized several memorial concerts to raise money for Rachael’s Crime Stoppers Reward Fund. With Grassman’s help, the Koloroutis family and Houston Crime Stoppers raised $100,000 for the reward fund, which at the time, was the largest reward in Crime Stoppers history.

After four torturous years of minimal leads and no answers, friends and family of the deceased were finally given some closure, when Christopher Snider and Christine Paolilla were charged with capital murder. Snider committed suicide before he was captured. Paolilla was apprehended and sentenced to life in prison on Monday, October 18, 2008 in the court room of Judge Mark Kent Ellis.

“I remember sitting in court not ten feet away from Christine Paolilla,” stated Grassman, “and wondering how someone who looked so small and miserable could have committed such a maliciously violent act. There can be no complete closure for anyone who knew Rachael, because nothing can fill the void that she left behind. Our only peace is in knowing that she is in Heaven, and God will avenge her death.”

The episode of 20/20 featuring the Koloroutis case and Grassman’s interview is set to air on September 25, 2009, at 10/9 CT on ABC. An online memorial for Rachael Koloroutis will be posted on the front page of www.JenniferGrassman.com, along with a download of the song which Grassman wrote for Rachael, entitled White Roses. 100% of proceeds will be donated to Crime Stoppers in memory of Koloroutis.

“I wanted to immortalize Rachael,” said Grassman. “She never got to attend college, get married, have kids, or do all the great things she dreamed of doing. I want everyone to know that Rachael is not just a statistic. Any parent would have been proud to have a girl like Rachael as a daughter, and she should still be with us today.”

About Jennifer Grassman

Jennifer Grassman is a vocalist, pianist, composer and recording artist.  Grassman’s music effortlessly fuses diverse elements of classical, Celtic, gothic and rock styles into a beautiful, moving genre all her own.  She resides in Houston, Texas with her husband and two cats. To learn more, please visit www.JenniferGrassman.com or www.rainnoverhouston.org.

About 20/20

ABC’s second longest running prime-time series, 20/20 is a newsmagazine that mixes investigative pieces with human-interest and celebrity features. Hosted by John Stossel and Elizabeth Vargas, 20/20 airs in Houston every Friday at 9:00 PM on KTRK, ABC Channel 13, after SuperNanny.

by Ken Faulkenberry

Hedging has become somewhat of a dirty word lately.  People correlate it with Hedge Funds and “betting against America”.  In reality, hedging, like many things (i.e. alcohol), can be abused or used incorrectly and cause harm, but when hedging is used correctly it can be a useful tool or a prudent necessity.  A homeowner will usually hedge the chance of a fire destroying his home by purchasing fire insurance.  Hedges can also improve the safety and reduce risk in an investment portfolio.  Hedging is a portfolio diversification strategy to reduce risk by owning something that is correlated inversely to other assets in the investment portfolio.

Owning precious metals investments, including gold and silver mining stocks, are a hedge. The primary purpose of owning these investments is because they do well during times of rising inflation or economic and political turmoil.  These are the times other asset classes like stocks, bonds or real estate may not do well.  Therefore it is prudent to hedge a portfolio by owning some investments related to precious metals. During periods of economic stability most portfolio managers recommend a target of 3-7% of a portfolio in precious metals related investments, but that percentage could be much higher at certain times. It is important to constantly monitor economic and political risks to achieve the optimum asset allocation in precious metals.

A recent popular vehicle for investing, Exchange Traded Funds (ETFs), provides an instrument that moves inversely, or the opposite direction of a stock market index.  Some of these inverse ETFs even move 2 or 3 times as much as the underlying index.  The need for frequent rebalancing makes inverse ETFs dangerous for anyone who doesn’t understand how they work or does not pay close attention to the need for frequent rebalancing. In other words, inverse ETFs require an active asset allocation strategy.

For investors who employ an active asset allocation strategy, the inverse ETF can be a useful tool by allowing an investor to take the market risk partially or wholly out of one’s stock portfolio.  For example, let’s say you own $100,000 of 20 great companies with solid balance sheets and high dividends, but believed strongly the stock market is going to decrease in value. You may not want to sell your stocks so you buy $50,000 of an ETF that moves two times the inverse of the market.  You now have removed all the market risk from your portfolio of stocks.  If the market moves lower, as you believed, you will make money on the ETF to make up for losses in your stocks.  Of course, if you are wrong and the market moves higher, you will lose money on the ETF that will offset the gains in your stocks. The purpose is to continue receiving the dividends and not incur the taxes and commissions selling and buying your 20 stocks.

Hedging is an important and useful diversification strategy to reduce investment risk and improve long term portfolio performance.  It is also a strategy that requires careful application, monitoring, and frequent rebalancing.  Properly used, hedging can reduce investment risk.

About Arbor Investment Planner

The Arbor Investment Planner provides the Arbor Asset Allocation Model Portfolio (AAAMP) which uses hedges to reduce portfolio risk.  Investors use the AAAMP as a guide but stay in control of their assets, and make their own investment decisions.  The AAAMP uses precious metals investments and inverse index ETF’s to maintain asset allocations at levels believed to be optimum for the current investment environment.  Rebalancing is taken into consideration in Trade Alerts sent to subscribers. The AAAMP is updated with every trade or major market move in order to stay disciplined and focused on our asset allocation.  More Information is available at: www.ArborInvestmentPlanner.com.