Russ Jablonsky, AAMS Financial Advisor 739 Clark St., Medford 715 748 6366 FINANCIAL FOCUS Time: A Key Element of Investing possible — but you likely have time to overcome the “down” periods. On the other hand, when you are saving for a shortterm goal, such as a vacation or a new car or a wedding, you’ll want a set amount of money available precisely when you need it. In this case, you may need to sacrifice some growth potential for investments whose principal value won’t fluctuate, such as certificates of deposit (CDs) and bonds. Keep in mind, though, that when you’re investing for longand short-term goals, it doesn’t have to be just one strategy or the other. You can save for retirement with primarily growth vehicles but still have room in your portfolio for shorter-term instruments. And even when you’re specifically investing for some short-term goal, you can’t forget about your need to save and invest for retirement. And here’s one final point about the relationship between time and investing: Your risk tolerance can, and probably will, change over the years. As you near retirement, you may feel the need to adjust your portfolio toward a more conservative approach. That’s because you may want to consolidate any gains you might have achieved while also recognizing that you simply have less time to bounce back from down markets. Still, even in retirement, you’ll need some growth potential in your portfolio to help you stay ahead of inflation. When you invest, one of your biggest considerations is time — so use it wisely. Who knows where the time goes? We’ve reached the end of another year, so it’s appropriate to reflect on the nature of time and how it affects us. And time certainly is a key element in the pursuit of your financial goals. As an investor, time can be your greatest ally. If you hold some investments for the long term, you could achieve an impressive cumulative growth in value. Furthermore, if you keep adding shares to these investments, possibly through a dividend reinvestment plan, you could attain “growth on growth” through the power of compounding. Of course, when you own equity investments, you will experience market fluctuations, but in general, the longer you hold these investments, the more you can reduce the effects of market volatility. But you also need to consider aspects of time in these contexts: • Checking progress on achieving goals – When you establish a goal, such as saving for a child’s education or your own retirement, you know the end date of when you’ll need the money, but it’s also important to mark your progress along the way. So, each year, see how far along you are in meeting your goal. If you’re falling behind, you may need to adjust your investment mix. • Choosing an appropriate strategy –The time needed to achieve a goal should drive your investment strategy for that goal. For example, when you are saving for a retirement that won’t happen for three or four decades, you will need to invest for growth by placing a reasonable percentage of equities and equity-based investments in your portfolio, based on your comfort with the various types of risk, including interest rate risk, credit risk and market risk. You will experience some bumps along the way — keep in mind that the value of investments will fluctuate and the loss of some or all principal is This article was written by Edward Jones for use by your local Edward Jones Financial Advisor. Edward Jones, Member SIPC Making Sense of Investing 145092 Russ Jablonsky, AAMS Financial Advisor 739 Clark St., Medford 715 748 6366 FINANCIAL FOCUS Time: A Key Element of Investing possible — but you likely have time to overcome the “down” periods. On the other hand, when you are saving for a shortterm goal, such as a vacation or a new car or a wedding, you’ll want a set amount of money available precisely when you need it. In this case, you may need to sacrifice some growth potential for investments whose principal value won’t fluctuate, such as certificates of deposit (CDs) and bonds. Keep in mind, though, that when you’re investing for longand short-term goals, it doesn’t have to be just one strategy or the other. You can save for retirement with primarily growth vehicles but still have room in your portfolio for shorter-term instruments. And even when you’re specifically investing for some short-term goal, you can’t forget about your need to save and invest for retirement. And here’s one final point about the relationship between time and investing: Your risk tolerance can, and probably will, change over the years. As you near retirement, you may feel the need to adjust your portfolio toward a more conservative approach. That’s because you may want to consolidate any gains you might have achieved while also recognizing that you simply have less time to bounce back from down markets. Still, even in retirement, you’ll need some growth potential in your portfolio to help you stay ahead of inflation. When you invest, one of your biggest considerations is time — so use it wisely. Who knows where the time goes? We’ve reached the end of another year, so it’s appropriate to reflect on the nature of time and how it affects us. And time certainly is a key element in the pursuit of your financial goals. As an investor, time can be your greatest ally. If you hold some investments for the long term, you could achieve an impressive cumulative growth in value. Furthermore, if you keep adding shares to these investments, possibly through a dividend reinvestment plan, you could attain “growth on growth” through the power of compounding. Of course, when you own equity investments, you will experience market fluctuations, but in general, the longer you hold these investments, the more you can reduce the effects of market volatility. But you also need to consider aspects of time in these contexts: • Checking progress on achieving goals – When you establish a goal, such as saving for a child’s education or your own retirement, you know the end date of when you’ll need the money, but it’s also important to mark your progress along the way. So, each year, see how far along you are in meeting your goal. If you’re falling behind, you may need to adjust your investment mix. • Choosing an appropriate strategy –The time needed to achieve a goal should drive your investment strategy for that goal. For example, when you are saving for a retirement that won’t happen for three or four decades, you will need to invest for growth by placing a reasonable percentage of equities and equity-based investments in your portfolio, based on your comfort with the various types of risk, including interest rate risk, credit risk and market risk. You will experience some bumps along the way — keep in mind that the value of investments will fluctuate and the loss of some or all principal is This article was written by Edward Jones for use by your local Edward Jones Financial Advisor. Edward Jones, Member SIPC Making Sense of Investing 145092
The top 30 essays were selected from among all 8th graders at Medford Area Middle School. Student essays placing 16 to 30 received a $20 Chamber Gift Certificate and recognition certificate along with a laminated copy of their essay. Honorees were (in alphabetical order): Sada Carstensen, Kinnley Gowey, Autumn Hartl, Braxton Larson, Graecyn Meseberg, Coraline Neitzel, Oliver Nuernberger, Steven Parkinson, Natalie Pomeroy, Melanie Richter, Renae Rymer, Avery Sigmund, Emma Steinke, Gracie Strama and Maggie Wallace-Szydel. BRIAN WILSON/THE STAR NEWS
Jacob and Daniel Nagel were joined by members of The Chamber, the Gilman Development Foundation and representatives from the Wisconsin Economic Development Corporation to celebrate the ribbon cutting for Hickory Haven Apartments in Gilman. The owners renovated and converted the former nursing home facility into a mixedsize apartment complex with seven different styles of apartments ranging from a 600 square foot studio apartment to a 1,400 unit with three bedrooms and two baths. Pricing ranges from $900-1,400 with internet and water and sewer utilities included. BRIAN WILSON/THE STAR NEWS
Price County Administrator Paul Trimner explained his duties to members of the Taylor County ad hoc administrative committee on April 4. BRIAN WILSON/ THE STAR NEWS
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