Page 10 - Jupiter West - June '22
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Page 10, Jupiter West
Financial Focus
Market Decline Offers Buying situation seem less shocking. But you don’t have to simply automatically buy more shares, and when prices rise, you’ll buy
fewer shares. (However, systematic investing does not guarantee
“ride out” the downturn – because a down market may give
Opportunities you the opportunity to buy more investment shares at good a profit or protect against loss and you’ll need to be willing to
prices. Specifically, you can expand your holdings in companies keep investing when share prices are declining.)
By Sally Sima Stahl that have good growth prospects due to strong management Before this year, average annual returns have been solid for
The financial markets and products or services that provide sustainable competitive about a decade, which makes it somewhat easy to forget about
have gotten off to a rocky advantages. And this type of opportunity is important, because normal market volatility and may have led to overly optimistic
start this year. What’s caused one of the keys to building wealth is to increase the number of performance expectations. So, it would not be surprising if your
this volatility? And does it shares you own in your various investments and hold them for initial reaction to the current downturn is one of concern. But by
present opportunities for the long term. While the market will always fluctuate, the long- viewing the current investment environment as a chance to add
patient investors? term trend has been positive, particularly for well-diversified quality investments at attractive prices, you can help yourself
First of all, several factors portfolios built with quality investments. develop a behavior that can serve you well throughout your life
are behind the market volatility, Of course, while it is a good idea to boost your share ownership as an investor.
including the war in Ukraine, at favorable prices, you still want to be strategic about it, rather This article was written by Edward Jones for use by
higher inflation, rising interest than just buying whatever seems to be the biggest bargain. In your local Edward Jones Financial Advisor, Edward Jones,
rates and the lingering effects reviewing your existing portfolio, can you identify any gaps that Member SIPC.
of the COVID-19 pandemic. However, while these factors may could be filled with new investments? Are there opportunities Edward Jones is a licensed insurance producer in all states
be specific to the recent market decline, volatility itself is a to further diversify your holdings? By owning different types of and Washington, D.C., through Edward D. Jones & Co., L.P.,
common feature of the investment environment. In fact, history stocks, bonds, government securities and other investments, you and in California, New Mexico and Massachusetts through
shows that corrections of 10 percent or more happen about every can help reduce the impact of volatility on your portfolio. (Keep Edward Jones Insurance Agency of California, L.L.C.; Edward
year, and declines of 15 percent or more have happened every in mind, though, that diversification can’t guarantee profits or Jones Insurance Agency of New Mexico, L.L.C.; and Edward
other year, on average. Furthermore, while 2022 has thus far prevent losses in declining markets.) Or, if your portfolio has Jones Insurance Agency of Massachusetts, L.L.C.
been challenging for investors, it was preceded by a long period become “unbalanced” in some way, you could also use this Edward Jones, its employees and financial advisors cannot
of strong markets, with the S&P 500 averaging more than a 20 time to rebalance it back to its original long-term targets. You provide tax advice. You should consult your qualified tax advisor
percent return over the past three years. might also consider setting up a systematic investing program in regarding your situation.
Knowing the typical frequency of market volatility and which you invest the same amounts in the same investments on Contact us at (561) 748-7600, Sally Sima Stahl, AAMS, 1851
reviewing the results of the past few years may make the current a regular basis, such as monthly. When prices go down, you’ll W. Indiantown Road, Ste. 106, Jupiter, FL 33458.
Jupiter Senior Softball
Gerry Elias, a co- Gerry’s dedication to Jupiter Senior Softball inspired The Jupiter Senior Softball Association, as well as all
founder and former him to write a 20-year history of the league in 2009. He who had the pleasure of knowing and serving with Gerry,
Commissioner of finished it in 2011 after researching old files and the heartily endorse his selection for the Hall of Fame.
the Jupiter Senior archives of Jupiter’s Park and Recreation Department Previous honorees were the late Ted Battistone, 87, the
Softball program, has which had started the softball program in 1988. His inaugural inductee when the HOF was created in 2020,
been selected as the research produced a 25-year memory book that Gerry and Mike Richmond, 86, the 2021 inductee.
2022 inductee into the presented to the JSSA of photos and statistics of teams The year-round slow-pitch senior softball activity
Jupiter Senior Softball through the years. He also donated a large American flag is open to persons 55 and over and new players are
Association (JSSA) to the JSSA that has served as a patriotic display for the always welcome. Games are every Monday, Wednesday
Hall of Fame. various holiday observances at the ball fields. and Friday morning beginning at 8:30 a.m. at Jupiter
Elias, 82, died Gerry was a friend to all and could be counted on to Community Park. For information or to register go to
February 11. He will Gerry Elias help with anything to do with the senior softball program. www.leaguelineup.com/jssa.
be posthumously
enshrined in the Hall of Fame (HOF) next January when
a brass plate with his name will be added to the Hall
of Fame plaque in the association’s display at Jupiter
Community Park. Gerry’s selection was by unanimous
vote of the JSSA board at its April meeting. Paul Storch,
JSSA Commissioner, said, “For all that he did for senior
softball, Gerry is most deserving of this honor.”
Gerry’s wife Mariette, said, “Gerry’s whole focus
in living in Florida was playing softball and having
fun and enjoying the friendship and camaraderie of his
teammates.” And if the league or a teammate needed
something, “Gerry would do anything he could to help,”
she said. The Hall of Fame honors Jupiter Senior Softball
members who have made an extraordinary impact on
the organization. And those chosen have proven that
sportsmanship, friendship and competition are not
mutually exclusive.
Gerry served as JSSA Commissioner from 1999 to
2002. During that time,
the softball program
t ra nsi t i one d from a
county league of traveling
teams that played in
various communities, to a
permanent Jupiter Senior
League based at Jupiter
Community Park. Also,
under Gerry’s leadership
the administration of the
senior softball program was
transferred from the Town
of Jupiter to the newly
formed Jupiter Senior
Softball Association and Gerry Elias making out the
its governing board. game lineup
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