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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