Page 7 - Martin Downs Bulletin - September '19
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Martin Downs, Page 7
Charity nEws
September Is Hunger Action Look for Treasure Coast Food Bank’s Hunger Action
Month – Join Treasure Coast Month calendar. It lists activities that everyone can do
each day to help make a difference. Start collecting
Food Bank To Build A Mighty change for a donation. Join the Food for Thought Tour.
Wear orange to support hunger-relief efforts. Host
Force Against Hunger a food drive party, or participate in one of the many
events planned during the month. The calendar can be
Just as tiny drops of water build an ocean, every downloaded from stophunger.org.
action aimed at solving hunger builds a mighty force. Highlights include:
Treasure Coast Food Bank urges the community to join Local officials, community leaders, and executives and • Hunger Action Month kickoff, Aug. 28
in making a difference during Hunger Action Month. managers from Publix will team with Treasure Coast Food • Friends and Family Volunteer Day, Sept. 7
There are hundreds of ways to participate locally during Bank to help cook and pack meals. • Go Orange Day, Sept. 12
the nationwide observance throughout the month of Throughout the month, local governments in Indian • Out Laugh Hunger Comedy Show at Bottoms Up
September. River, St. Lucie, Martin, and Okeechobee counties are Public House, Sept. 13
“Treasure Coast Food Bank was founded because planning to proclaim September as Hunger Action Month. • Hops Against Hunger, Sept. 19 to 26
a group of dedicated volunteers came together to help Look for landmark buildings to be awash in orange light • Cans for a Cause in Downtown Fort Pierce – judging
solve hunger in our community. And 30 years later, we and fountains to spray orange water as the community Sept. 26 at Sailfish Brewery
continue to celebrate that community spirit,” said Judith shows its support for hunger-relief efforts. In downtown • Eat, Drink and Give at area restaurants donating to
Cruz, president and CEO of Treasure Coast Food Bank. Fort Pierce, more than 20 businesses are building can- Treasure Coast Food Bank – all month
“Last year volunteers in our community spent over 46,000 structures. The Cans for a Cause will be displayed “Each year during Hunger Action Month, there are
hours donating their time. Hunger Action Month is a great throughout the month. people who join us for the first time in efforts to solve
time to make a commitment to take action to end hunger Social media is expected to turn orange as people join hunger,” Cruz said. “No effort is too small, and together,
on the Treasure Coast.” the awareness efforts by turning their profiles orange. we can end hunger one helping at a time.”
On Aug. 28 Hunger Action Month kicks off at Don’t be surprised to see many people in orange clothing For more ways to get involved, visit stophunger.org/ham.
Treasure Coast Food Bank’s food production kitchen. on Go Orange Day Sept. 12.
EstatE planning
Put Down Your Cell Phone while driving takes the driver’s eyes off the road for an Ban on Texting While
average of five seconds, which at 55 mph is like driving
Driving Law. The new law
When Driving the length of a football field with one’s eyes closed. changes enforcement of the
In 2013, the Florida Ban on Texting While Driving Law texting ban to a primary
By Carrie Lavargna, Esq. was enacted to improve roadway safety, prevent crashes offense, which will allow
Put down the cell phone while driving especially in a related to texting and thereby reduce injuries. Since law enforcement to stop a
school or work zone! 2013, law enforcement officers have been authorized to vehicle solely for texting
Texting while driving is among the worst of all driver stop motor vehicles and issue citations for texting while while driving.
distractions because it involves manual, visual and driving as a secondary offense, which means the driver As of Oct. 1 of this year,
cognitive distraction, according to a recent report from could only be charged if the driver had already been the new law also prohibits
the National Highway Traffic Safety Administration. lawfully stopped for another traffic offense. the use of a cell phone in a
The report found that sending or reading a text message This year the Florida legislature amended the Florida designated school crossing,
or in a school zone or work
zone. This includes texting and talking.
Wealth ManageMent Using a handheld cell phone in violation of the law is
a moving violation and comes with three points assessed
against the driver’s license. For the first violation a person
Managing Market Risk long period of time, they also carry greater risk. Bonds can elect to participate in a driving safety program geared
tend to be less volatile, but they do not have the same towards wireless device driving safety.
Interest rates, political growth potential as stocks. Cash is generally immune The clerk of court is authorized to dismiss a case
agendas, and other from market volatility, but its value may be eroded by and reduce court costs for a first-time violator of the
economic forces can lead inflation. Depending on your time horizon, goals, and risk handheld prohibition if that person shows the clerk proof
to market volatility. This tolerance, some combination of these three asset classes of purchase of hands-free equipment.
volatility can stoke fears is prudent.
and motivate investors to For using a handheld cell phone in violation of the
make rash decisions that Diversification law, the law enforcement officer must indicate the type
ultimately jeopardize their Once you have determined an appropriate asset allocation, of handheld device used and that information is reported
financial future. Although you must diversify your investments within each asset to the Division of Highway Safety and Motor Vehicles
you cannot control the class. For example, the funds allocated to stocks should and reported to the governor and the Florida legislature.
economic forces that drive be spread across a variety of holdings. Diversification may
market volatility, you can help minimize the impact of volatility while providing for The officer is also required to inform the motor
control how you react more consistent returns over time. vehicle operator of his or her right to decline a search
when volatility occurs. A of the wireless device. A person’s consent for the officer
well-designed financial Rebalancing to search his or her cell phone must be voluntary and
game plan will incorporate As diversified investments perform differently, your assets unequivocal and cannot be obtained through coercion or
certain strategies to help may stray from the desired allocation. When the stock
defend against the pitfalls you may encounter when market is doing well, stocks may become over-represented any other improper method. The officer is not allowed to
managing market risk. in your portfolio, introducing more risk than intended. In access the device without a warrant or to confiscate the
order to minimize your exposure to undesired risk, you device while waiting for a warrant to be issued.
Perspective and Time Horizon should regularly rebalance your portfolio. Rebalancing The texting and handheld prohibition does not apply
On January 3, 1993, the hometown crowd poured out of involves periodically buying or selling certain holdings
Rich Stadium in Buffalo, New York, after the visiting to maintain the desired asset allocation. This may have to the use of a navigation device or to cellphone use in a
team built a 32-point lead with 13:19 remaining in the tax consequences that you should discuss with your tax stationary motor vehicle.
third quarter. Disgusted by the performance of the advisor. This is a good law. Stay off your handheld cell phones
hometown team, these fans lost perspective. There was while driving for safety and to avoid a citation.
still nearly an entire half of football to be played, and the Dollar-Cost Averaging This column is an overview of the subject matter and
hometown team featured one of the league’s most potent Dollar-cost averaging is a systematic and disciplined
offenses. By making a rash decision, these fans missed investment strategy that helps to reduce the impact of is not intended as legal advice. Carrie Lavargna is an
the greatest comeback in professional football history. market fluctuations and the overall cost of investing. This attorney practicing law in Stuart at Lavargna Law, PLLC.
strategy requires you to invest a specific dollar amount She is board certified in real estate law by the Florida
This cautionary tale demonstrates the importance of on a regular basis. The price of the desired holdings Supreme Court and recognized as an accredited estate
perspective and time horizon. According to the Social will determine how many shares you are able to buy. planner by the National Association of Estate Planning
Security Administration, a man reaching age 65 today This disciplined approach to investing will discourage
can expect to live, on average, until age 84.3. A woman emotional decisions and help you continue to move the Councils.
reaching age 65 today can expect to live, on average, until chains toward your financial goals.
age 86.7. If history is any indicator, there are bound to
be countless market drops throughout this time horizon. Asset allocation, diversification, and dollar-cost averaging
Your financial game plan should help you withstand these do not ensure a profit or protection against loss.
short-term market shifts and remain focused on your
long-term financial goals. Article provided by Bob Sander, Senior Vice President/ Captain’s was established in 1980 servicing
Investments, with the Stuart branch of Stifel, who has Palm Beach County and is a privately
Asset Allocation attained the Certified Financial Planner™ (CFP®) owned and managed company.
Asset allocation is the process of apportioning an designation and the Accredited Investment Fiduciary® Captain’s is committed to providing
individual’s investment portfolio among different asset (AIF®) certification. He can be reached at (772) dependable, reliable and professional
classes, such as stocks, bonds, and cash. A well-designed 403-8305 or sanderb@stifel.com. Stifel, Nicolaus & ground transportation to and from all
financial game plan bases its asset allocation on your time Company, Incorporated Member SIPC & NYSE. South Florida Airports and Seaports. PBCVH212
horizon, goals, and risk tolerance. While stocks overall To reserve your vehicle:
are expected to generate the highest rate of return over a 561-798-2180 or 800-634-7890 www.captainsairport.com