Page 8 - Jupiter Ocean Mile - June '22

Page 8, Jupiter Ocean Mile
Financial Focus

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

Hurricane Preparedness 2022 Now is the time to prune your yard vegetation and You can download the Palm Beach County Disaster
perform your major tree cutting, because once a storm Awareness and Recovery Tool (DART) app on your
By Commissioner Maria watch or warning is issued there is no certainty that smartphone to track evacuation zones, shelter open/closed
Marino your hauler will be able to collect your yard trimmings. status, damage assessment information, and many other
June 1 is the official start Additionally, if you have expired hurricane supplies features to help you during a disaster.
of the Atlantic hurricane that may include power tool batteries, propane tanks, or Be well, and be prepared. If I can assist you, please
season, and researchers at fuel, dispose of them properly at any of the Solid Waste contact me at (561) 355-2201 or by email at mmarino@
Colorado State University Authority Home Chemical and Recycling Centers. The pbcgov.org.
have predicted an above- North County Transfer Station is located at 14185 North
average season, with 19 Military Trail, Jupiter, 33458, and you can find additional
named storms and nine information at Home Chemical Disposal, Solid Waste
hurricanes. Of the nine Authority of Palm Beach County, Fla., (swa.org) or by
storms, they have forecast calling (561) 697-2700 or (866) SWA-INFO (toll-free).
that four will become major Register now for Palm Beach County’s Emergency
hurricanes considered categories 3, 4 or 5, with a wind Notification System, better known as AlertPBC by
range of 111 to 157 mph and beyond. A Category 3 or visiting www.discover.pbcgov.org/publicsafety/dem
higher storm can cause catastrophic property damage and and click on this image. AlertPBC allows you to opt in
power outages, forcing residents out of their homes for to receive notice via phone calls, text messaging, emails
days to months. and more, about city/county or weather safety hazards or
While these may be sobering statistics, particularly for concerns. All registered information is protected and is
new residents who are largely unfamiliar with hurricanes, not to be used for any other purpose.
you have many resources available through Palm Beach
County’s Division of Emergency Management. Personal
preparedness can help you keep your family safe and
property secure, and this was the emphasis at the 36th CAMPBELL AND KARLIK, P.A.
Annual Governor’s Hurricane Conference held recently
in West Palm Beach. Experts from FEMA reported that ATTORNEYS AT LAW
there exists an “epidemic of complacency.” Very simply, if
people do not perceive a risk, they do not prepare. Through
proper preparation, navigating through an emergency
event and the recovery that follows is more effective. Wills • Trusts • Estate Planning • Probate
Start building your hurricane kit with the Official Palm
Beach County Hurricane Planning Guide, which you can Taxation • Real Estate • Corporations
find at https://discover.pbcgov.org/publicsafety/PDF/
Hurricane-Guide.pdf. For any additional information, or
if you do not have Internet access, contact the Emergency
Information Center at (561) 712-6400. The guide is a
comprehensive source for “everything-you-need-to-know”
about being prepared in the event of a storm. It includes
checklists for supplies, and questions to ask yourself about
the condition of your home, or if you are located in a
mandatory evacuation area. If so, the guide also includes
transportation and shelter information, what you should
do to secure your home, and what to bring with you.
Your plan should include a kit of essentials for
sheltering in place, that includes nonperishable food,
health and first-aid supplies, paper goods, a full
prescription of your required medications, a waterproof
container to store important documents, cleaning
supplies, tools, candles, flashlights, and batteries. Also,
remember to prepare a kit for your pets.
Diane L. KarLiK

Tel: (561) 625-5220
3450 Northlake Boulevard Suite 210 Fax: (561) 625-5201• Mobile: (561) 797-5004
Palm Beach Gardens, FL 33403 EMail: dlkarlik@aol.com