Good Day Alabama for August 6, 2013 - WBRC FOX6 News - Birmingham, AL

Good Day Alabama for August 6, 2013

Here is what you saw on Good Day Alabama for August 6, 2013:

BETH K - UAB Nutritionist Dr. Beth Kitchin joined us with a look at the debate over bottled water versus tap water. Many consumers drink bottled water - and the reasons are many - from convenience to the hopes of purer water. But is bottled water better?  Some bottled water (like Aquafina) is drawn from municipal water. 40% of bottled water is nothing more than purified tap water. Your tap water is monitored by the EPA - bottled water is monitored by the FDA - if it is monitored at all - and the FDA standards are weaker than the EPA's. So, if you don't want to spend the money on bottled water but want to improve the taste and quality of your tap water, here are some tips:
- Run your tap water in the morning for 20 seconds before you use it.  This will allow you to get rid of any contaminants, such as lead, that may have seeped in from the pipes.
- Let your water sit. If you put your tap water in a container with a large opening and let it sit out for a couple of hours, much of the chlorine will evaporate off which will improve the taste of your water. You can do this with large amounts and then put it in a container in your refrigerator.
- Filter Your Water. Home filters can be very useful but you've got to pick the right one. Look for one approved by the National Sanitation Foundation International/American National Standards Institute.
- Get your water tested. Check to see if your pipes are safe but you can also have your water checked to see if it is contaminated. This can be expensive but you can also check the EPA's website for water safety in your area:

For more information on your water, call the Safe Drinking Water Hotline at 1-800-426-4791 or visit http://www.epa.gov/safewater/.

GRAND HALL CASTING CALL - The Outlet Shops of Grand River hosts the Grand Haul Casting Call this weekend. Shoppers have the opportunity to be the next viral video star with the Grand Haul Casting Call. They can make a Grand Haul video between 1-4pm on this Saturday and next. You can check out an example of a 'Grand Haul' video at <http://www.youtube.com/watch?v=hUsrqp6ZU3o>. They are casting for four different Grand Haul Stars -
· Grand River Girl, a student, age 18-22, 16+ with parent signature.
· Grand River Professional, a young professional, age 23-29.
· Grand River Mom, a mom with children still at home, age 30+.
· Grand River Guy, a male, age 18+, 16+ with parent signature.  

The casting call will be held at The Outlet Shops of Grand River's Grand Plaza, where participants will have the opportunity to show off their clothing and beauty knowledge in a 3-5 minute video. In the video, they will need to give a brief description of the item, including the store name and the price, as well as why they like it. The judges will narrow it down 3-4 finalists in each category. The finalist videos will be posted on The Outlet Shops of Grand River's Facebook page for the public vote on Tuesday, August 20th at 5pm. Votes will end on Saturday, August 24th at 5pm. The winner of the Facebook voting will count as 1 vote in final selection process. Winners will be notified on August 26th and announced throughout the month of September.  The selected winners will receive a clothing allotment for each month and be required to shoot one video per month in September, October, November and December. For more information and complete rules, visit www.shopsofgrandriver.com.
 
G.I. JOE DIRECTOR - Mike talked with Jon M. Chu - director of Paramount Home Entertainment's "G.I. Joe: Retaliation." In this film, framed for crimes against the country, the G.I. Joe team is terminated by the President's order, and the surviving team members face off against Zartan, his accomplices, and the world leaders he has under his influence. It is rated PG13.
 

JEH JEH LIVE - Jeh Jeh joins us with Red Rock Tuesday. He joins us from Graysville this morning. For more information on the many hiking trails and future plans, visit http://www.redrocktrail.org/.
 

GARDENING - Sandra Reaves joins us to discuss figs and the late season this year. She explains how to tell when they are ripe and gives us some great ideas for uses! For more information, visit her Facebook page - it includes lots of pictures, tips, how to videos, and info on veggie trials going on in the garden.  It's a "real time, real life" look at home gardening and food preservation. You can find her at www.Facebook.com/JosieGladysGardens.

NEW IN BOOKS - Susan Swagler writes about about books at her "Turn the Page" blog and in Birmingham Magazine. Her theme for today - Back to Books. It's time again to hit the books, and these are as informative as they are entertaining. These (mostly) nonfiction books include uplifting and heartbreaking memoirs, flower-filled letters from a favorite writer and some Alabama history we all should know.  Today she introduced us to
     Imperfect Harmony:  Finding Happiness Singing with Others by Stacy Horn
     An Accidental Memoir by Wendy Reed
     Tell About Night Flowers:  Eudora Welty's Gardening Letters edited by Julia Eichelberger
     Opening the Doors by B.J. Hollars

COOKING - BIRMINGHAM RESTAURANT WEEK - REV Birmingham (REV) announces that more than 40 restaurants are currently registered to participate in BRW 2013 presented by Regions Bank taking place during the 10 days from Friday, August 16 - Sunday, August 25. BRW will again celebrate the city's acclaimed culinary culture by offering incentives for Birmingham-area residents to revisit their favorite restaurants and bars or to experience recently opened venues for the first time. More than 40 participating restaurants will offer special two and/or three-course prix-fixe lunch and/or dinner menus in the $5, $10, $15, $20 and $30 per person range during the 10-day event. Several menus will also include a healthy kid's menu component, brunch offerings and drink specials. Participating restaurants and their menus have been posted now at www.bhamrestaurantweek.com so go take a look now and begin making your reservations and plan of culinary attack now! The new mobile site provides BRW diners with an easier and quicker method to access information on the website and a GPS navigation option.  BRW will celebrate its launch at the BRW 2013 Preview Party sponsored by Alagasco and the City of Birmingham TOMORROW, Wednesday, Aug. 7 from 5:30 to 8:30 p.m. at the Birmingham Civil Rights Institute, in which the proceeds from the event go to benefit its educational and outreach initiatives.  Preview Party attendees will kick off the 10-day culinary affair will get to sneak a peek and taste of various BRW menu items offered at 8 different restaurants as well as taste wine, beer and cocktails from Rush Wines, Smirnoff Vodka and Good People Brewery.  Tickets are $25 for individuals and $40 for couples and can be purchased by clicking on the Preview Party tab of the BRW website. Tickets bought the night of the event will be $30 for individuals and $45 for couples.

MONEY TUESDAY - Two forces are coming together to make folks who own bonds or bond funds wonder just how safe is their money.  The first most notable is the $18 billion municipal bond default and bankruptcy by the city of Detroit.  The second is the rising interest rates over the last few months that have negatively affected bond prices and bond funds.  So just how safe are your bonds and bond mutual funds and what, if anything, should you do about it? If you look at the historical data, you'll discover that bonds have pretty much been in a thirty year bull market.  Back in 1981, the yield on the 10-year Treasury bond was a whopping 13.9%!  Remember Jimmy Carter's WIN (Whip Inflation Now) campaign? Since that time , with the exception of a few 'ebbs and flows', interest rates on bonds have been on a steady decline until they bottomed out last year at 1.4%.  Getting a grasp on how bond values work can be a challenge for a lot of people but as interest rates fall, the bonds (or bond fund) you own goes up in value.  
So let's get back to the question of whether your bonds are safe today.  Here are three key points you should consider:
1. Credit Risk.  It is unlikely that the city of Detroit is the only municipality in serious financial trouble so we are likely to see other bond defaults in the years ahead.  This means it's extremely important that if you own individual bonds that you stay on top of the credit quality of your bonds.  
2. Bond Maturity.  We may have seen a multi-year transition from falling interest rates to rising interest rates, longer term bonds and bond funds will face significant headwinds in the months and years ahead.  
3. Investment Intention.  If you are investing in bonds or bond funds but do not intend to take money out for at least five to ten years, you can afford to allow interest rates to move through their natural cycle.  

Conclusion:  For more than a decade bond investors haven't had to worry too much about their bonds.  That situation, I believe, has now changed.  You'll want to take a fresh look at your bond portfolio to make sure that the credit quality and average maturity is in alignment with your short and long term financial plan.  Retirees who are systematically withdrawing money to fund retirement expenses should be especially attentive to their bond holdings. For more information, visit www.welchgroup.com.

Tomorrow on Good Day Alabama, get your kids ready to head back to school with some games! We show you educational gadgets to get their brains cranked up and ready to go! We talk colon cancer - screenings and how to protect yourself! Mickey takes us to the Birmingham Zoo to hang out with his friends! Jon Culver joins us with some gardening advice for you home! Join us for all of this and more tomorrow on Good Day Alabama!

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