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
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