Page 11 - Martin Downs Bulletin - March '20

Martin Downs, Page 11

finanCial foCus

What’s The Difference when you’ll need it, you can choose the appropriate investments, than you could with the investments you counted on for your

Between Short- And Long- with these characteristics: short-term needs. This isn’t to say you should be reckless, of
course – you still need to pay attention to your individual risk
• Low risk – Above all else, you want the right amount of
Term Investing? money to be there when it’s time to use it. So, you’ll need low- tolerance. Overall, though, there’s a big philosophical difference,
risk, high-stability investments. You won’t see much in the way in terms of risk capacity, between investing for the long term
By Bryce Buchanan, of growth from these types of investments, but you also won’t versus the short term.
Edward Jones be sweating every single market downturn in fear of not reaching When you’re saving for a long-term goal such as retirement,
As you go through life, your goal. you may need to rely primarily on your IRA and your 401(k) or
you’ll have many financial • Liquidity – You won’t want to worry about trying to find a similar employer-sponsored retirement plan. And within these
goals. Fortunately, you don’t market for your investment when it’s time to sell it and then use accounts, you’ll need a reasonable percentage of growth-oriented
need to achieve them all at the the proceeds for your short-term goal. That’s why you need to investments such as stocks and stock-based mutual funds.
same time. But when you have pick short-term vehicles that are highly liquid. It’s true that stocks are volatile, with sometimes sharp price
a mix of short- and long-term So, what kinds of investments meet these criteria? You declines. But in exchange, you get far greater growth potential
goals, you will need to pursue actually have quite a choice, including mutual funds consisting than you would with any of the short-term investments named
some different investment of short-term corporate or government bonds; certificates of above. Furthermore, the longer you hold stocks or stock-based
strategies simultaneously. deposit; cash management accounts; money market accounts; investments, the more the price volatility tends to even out. (Keep
Your short-term goals may and U.S. Treasury securities. in mind, though, that there are no guarantees of profit.)
depend somewhat on your stage in life. For example, when Now, moving on to longer-term goals, the situation can be So, there you have them: short- and long-term investments.
you’re starting out with your career and you’re beginning to raise quite a bit different. Suppose, for instance, you’re saving and A financial professional can help you choose the ones that can
a family, you may well have a goal of saving enough money for investing for a retirement that may be three or four decades away. help you keep moving toward all your goals, whether they’re
a down payment on a home. Later on, though, you may decide For this goal, you have one overriding motivation: to end up with three years or three decades away.
you want to travel the world for a year. as much money as possible. And since you have so many years This article was written by Edward Jones, Member SIPC, for
Because you know about how much money you’ll need, and until you need this money, you may be able to take on more risk use by your local Edward Jones financial advisor.

Honoring from page 10

The Frances Langford Humanitarian Award reception
is the signature event of the United Way of Martin County
Foundation. The foundation is an independent public charity
uniquely positioned to accept legacy gifts and build an
endowment fund to meet the current and future unmet needs
of Martin County.
United Way of Martin County’s mission is to improve lives
by mobilizing the caring power of our community. Since 1972,
the United Way has been working to create long-term social
change and provide support to Martin County residents by
investing in programs that strive to enhance healthy living,
improve education and support financial stability.
For more information about United Way of Martin
County, visit www.UnitedWayMartin.org or call (772) Carol Houwaart-Diez, Andy and Lorraine Popky and Gene
283-4800, Ext. 227. Rusty Brink with Carol and Bob Weissman Zweben
Pet Matters

by Pat Deshong, President of Furry Friends For Sweet Heart, Sweet Pea, and Sweet Tea, life is now good
Adoption, Clinic & Ranch because they were saved by the rescuers (of course!) and Furry
Friends was there to provide safety, love and a temporary home

"For the Love of Animals" features
real stories happening at Furry Friends
in Jupiter. We are The Humane Society
of Greater Jupiter/Tequesta and the
only no-kill shelter open to the public
in northern Palm Beach County. We’ve
been rescuing, rehabilitating, and re-
homing the homeless animals in our
community for more than 30 years.
Our not for profit 501c3 organization
consists of our Jupiter based Adoption
Center, Veterinary Clinic (open to the public), Thrift Boutique, When considering adding a furry family member to your
and Palm City Ranch. family, please visit our Palm City Ranch at 4841 SW Zarrella
Street or our new Jupiter Adoption Center at 100 Capital Street
in the Jupiter Commerce Park. Yes, we are now open in Jupiter!!
Both locations are open 7 days a week from 10am-4pm.
Chlo-Bear. Chloe Bean. Sweet Girl. When you’ve lived Blessings to you for your support and faith in us… all for the
at Furry Friends for 3,465 days, you are naturally going to earn LOVE of animals!
your fair share of nicknames. Throughout the years, everyone
who got to know Chloe gave her a term of endearment or two.
While the average person had to earn her trust, once you were
“in” you were golden with Chloe… just like the color of her Patricia Deshong, President
beautiful eyes.
Oh, Chloe had gotten adopted… once. Ryan was a great guy
and the two had an incredible bond, however, Chloe and Ryan’s
roommate didn’t get along. So back she came to Furry Friends,
where we welcomed her with open arms and treated her like the
queen she is. A special kennel, comfy bed, favorite toys, and
many attempts to find just the right food for this fussy girl were
just a few of the many things we did to let her know how special
she was to us. We were her family and, while never giving up
hope, we often considered that she might be a “lifer” at Furry
Friends. This is what Furry Friends is all about…rescuing, rehabilitating,
These days, Chloe is called Sugar Paws, Sugee or Knuckles and giving homeless companion animals their best future… no
(short for Knucklehead when she’s acting silly!). Who dubbed matter how long it takes to find it. We invite you to come visit us!
her with these newer monikers? Her foster parents, Karl & Our website is www.furryfriendsadoption.org.
Cynthia. They started fostering Chloe early last year and, since Furry Friends depends on the generous support from donors
then, she’s been the queen of THEIR home! She spends all her like you. Without Furry Friends, the future of the many animals
time with Daddy Karl and he has taught her what it means to be we save would be uncertain. Thank you for donating and helping
secure, confident, and comfortable. She’s living her best life us continue our animal saving mission.
ever and we couldn’t be happier. Ways to donate (tax ID #59-2111273):
Chloe often comes to visit us at Furry Friends and doesn’t 1. Mail a check made payable to Furry Friends to 401 Maplewood
really care what sweet name we call her. She loves them all We are now home and open in Jupiter! However, we still Drive, Ste. 8, Jupiter, FL 33458.
and her wagging tail and sloppy kisses prove it! We know she’s need your help! If you would like to be a part of our new chapter, 2. Visit www.furryfriendsadoption.org
grateful to us for what we gave her throughout the years and please visit www.furryfriendsadoption.org or call 561.747.5311 3. Call us with your credit card information at 561.747.5311 ext. 3
for guiding her to the most loving parents she could have ever ext. 1 for more information. Ask for Pat Deshong, President, or “Your donation creates the possibilities to make miracles
imagined! Curry Krasulak, Director of Development. happen for our Furry Friends”
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