Tony Petrello is the CEO and president of Nabors Industries. Nabors Industries is the top gas and oil drilling company in Texas. Though he runs a very successful company, it is not all about the work for Patrello. For Petrello, it is about giving back. He is known for his generosity when it comes to things that he deeply cares about.
CEO Tony Petrello and his company Nabors Industries took action during and after Hurricane Sandy. The employees took time off from work to go help those most affected by the storm. They went to several locations along the Gulf Coast to help families with whatever they needed. Petrello did offer to give these employees paid time off for their help. The employees did not stop there. They created the Nabors Disaster Relief Fund, which Petrello matched the contributions made by his employees. The kitchen at Nabors Industries was put to use by making three hot meals a day for everyone who needed food.
Education is also important to Tony Petrello. Petrello won a scholarship to attend Yale University. While attending Yale, a professor took Petrello under his wing and whom Petrello admired greatly. Professor Serge Lang, well-known mathematician and author, recently passed away. To honor the beloved professor, Petrello donated $150,000 in the form of an endowment fund. Other alumni also made donations to the fund. Petrello decided to match the donations made by the alumni.
Petrello has a soft spot for all things in Texas. This includes famous Broadway legend Tommy Tune who calls Texas is home. Recently Tune returned to Texas to put on a show for is local fans, and he was welcomed back with open arms by Tony Petrello. Petrello threw a welcome home party for Tune, and he invited the entire advisory committee for the Miller Outdoor Theater and 50 of their closest friends.
The US Money Reserve has been helping those who are new to the precious metals market for more than ten years. The ultimate goal of the US Money Reserve is to gain and keep the trust of the consumer. The director of the reserve is a man named Philip Diehl. He has a wealth of experience when it comes to precious metals. He was a former mint director before he became the thirty-fifth director of the reserve. The US Money Reserve has a team of experts who are willing to help explain the process of how the precious metals market works and it also makes sure that the customer is satisfied with the order placed. If the customer is not happy the coins can be returned within thirty days free of charge. In the latest article by the US Money Reserve, one aspect that is discussed quite frequently in the market is the topic of inflation. The article explains what inflation is, how it can hurt your wallet, and how to protect yourself.
Inflation is simply the rate of increase for goods and services over a period of time. Typically the rate of inflation is measured by one year and is measured by the Consumer Price Index (CPI). An example would be that if the CPI stands at two percent that means the cost of goods and services has risen by that percent over one year.
Inflation can be a harmful thing to people if it goes up too quickly. If that happens then there is less money for the consumer to spend. If the consumer does not have extra income to spend than interest rates can go up and it will ultimately slow down the economy as a whole. Another thing that inflation can do if it is not held in check is that it makes retirement harder. If a person doesn’t have as much money to save then retirement could be put off for one to several years.
One thing a person can do to protect oneself from the bite of inflation to diversify a portfolio. By keeping a vast array of stocks in a variety of markets can make the difference.
These are a few things the US Money Reserve offers to their consumers. The staff at the US Money Reserve is always willing to help if one has questions. Earning trust and keeping it is paramount for them.