Page 11 - Hobe Sound Reflections - June '22

Hobe Sound, Page 11

fInanCIaL foCus

Market Decline Offers Buying market decline, volatility itself is a common feature of the keys to building wealth is to increase the number of
shares you own in your various investments and hold them
the investment environment. In fact, history shows that
Opportunities corrections of 10 percent or more happen about every year, for the long term. While the market will always fluctuate,
and declines of 15 percent or more have happened every the long-term trend has been positive, particularly for
By Sally Sima Stahl other year, on average. Furthermore, while 2022 has thus well-diversified portfolios built with quality investments.
The financial markets far been challenging for investors, it was preceded by a Of course, while it is a good idea to boost your
have gotten off to a rocky long period of strong markets, with the S&P 500 averaging share ownership at favorable prices, you still want to
start this year. What’s more than a 20 percent return over the past three years. be strategic about it, rather than just buying whatever
caused this volatility? And Knowing the typical frequency of market volatility seems to be the biggest bargain. In reviewing your
does it present opportunities and reviewing the results of the past few years may existing portfolio, can you identify any gaps that could
for patient investors? make the current situation seem less shocking. But you be filled with new investments? Are there opportunities
First of all, several don’t have to simply “ride out” the downturn – because a to further diversify your holdings? By owning different
factors are behind the down market may give you the opportunity to buy more types of stocks, bonds, government securities and
market volatility, including investment shares at good prices. Specifically, you can other investments, you can help reduce the impact of
the war in Ukraine, higher expand your holdings in companies that have good growth volatility on your portfolio. (Keep in mind, though, that
inflation, rising interest prospects due to strong management and products or diversification can’t guarantee profits or prevent losses
rates and the lingering effects of the COVID-19 pandemic. services that provide sustainable competitive advantages. in declining markets.) Or, if your portfolio has become
However, while these factors may be specific to the recent And this type of opportunity is important, because one of “unbalanced” in some way, you could also use this time
to rebalance it back to its original long-term targets. You
might also consider setting up a systematic investing
Guests (from left to right) Brian Carney, president and CEO, program in which you invest the same amounts in the
TDI, SDI International Training; Stephanie Miele, COO, same investments on a regular basis, such as monthly.
TDI, SDI International Training; and Ken Pruitt, former When prices go down, you’ll automatically buy more
Florida Senate president, enjoying the reception portion of shares, and when prices rise, you’ll buy fewer shares.
the event.
Jim Sullivan, Ph.D., executive director, FAU Harbor Branch (However, systematic investing does not guarantee a
and Barbra Kavanaugh, interim executive director, Harbor profit or protect against loss and you’ll need to be willing
Branch Oceanographic Institute Foundation, enjoying the to keep investing when share prices are declining.)
reception portion of the event. Before this year, average annual returns have been
solid for about a decade, which makes it somewhat easy
to forget about normal market volatility and may have
led to overly optimistic performance expectations. So,
it would not be surprising if your initial reaction to the
current downturn is one of concern. But by viewing the
current investment environment as a chance to add quality
investments at attractive prices, you can help yourself
develop a behavior that can serve you well throughout
your life as an investor.
Guests (from left to right) Dave Fuss, director of land This article was written by Edward Jones for use by
stewardship, Indian River Land Trust; Katherine Dickenson, your local Edward Jones Financial Advisor, Edward
COLLABORATION
FAU Harbor Branch Benefactors Society member; Ken Jones, Member SIPC.
Grudens, executive director, Indian River Land Trust; Edward Jones is a licensed insurance producer in
David Dickenson, FAU Harbor Branch Benefactors Society all states and Washington, D.C., through Edward D.
member; enjoying the reception portion of the event. Jones & Co., L.P., and in California, New Mexico and
Massachusetts through Edward Jones Insurance Agency
builds better solutions. of California, L.L.C.; Edward Jones Insurance Agency
of New Mexico, L.L.C.; and Edward Jones Insurance
Agency of Massachusetts, L.L.C.
Edward Jones, its employees and financial advisors
cannot provide tax advice. You should consult your
qualified tax advisor regarding your situation.
Contact us at (561) 748-7600, Sally Sima Stahl, AAMS,
We are pleased to announce that we have expanded our 1851 W. Indiantown Road, Ste. 106, Jupiter, FL 33458.

Florida Wealth Management Team with the addition of two
new seasoned Senior Advisors, Terisa Heine and Laura Phillips.

Your most important relationships are those built on a
foundation of trust and understanding. Your relationship with

your wealth management team should be no different. We are
honored to share the experience of our new team members

with you and your family.

Contact Terisa and Laura to discuss your wealth

management needs:

Terisa Heine Laura Phillips
Senior Vice President, Senior Vice President,
Senior Fiduciary Advisor Senior Wealth Advisor
200 PGA Boulevard, Suite 4400 200 PGA Boulevard, Suite 4400
North Palm Beach, FL 33408 North Palm Beach, FL 33408
561.630.2116 561.630.2127
theine@wilmingtontrust.com lphillips4@wilmingtontrust.com

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