Page 5 - Jupiter West - February '24

Jupiter West, Page 5
Financial Focus ®

Treasury Bonds: Still Safe For Here are your purchase options: Price Index for Urban Consumers (CPI-U). Once your TIPS
• Treasury bill – Typically matures in four, 13 or 26 weeks,
matures, if the principal is higher than the original amount,
Investors although some have maturities of up to a year you’ll get the increased amount; if the principal is equal to or
• Treasury note – Matures in between one and 10 years less than the original amount, you’ll get the original amount.
By Sally Sima Stahl • Treasury bond – Typically matures in 10 to 30 years TIPS pay a fixed interest rate semiannually until maturity, but
You may have read reports When you buy Treasury notes or bonds, you receive because interest is paid on the adjusted principal, the amount
about an impending “debt semiannual interest payments, but when you purchase a of your interest payments can vary. As with other Treasury
crisis” in the United States. Treasury bill – a T-bill – you generally buy it at a discount, securities, you can hold a TIPS until maturity or sell it before
Should you be worried and when the bill matures, you receive its face value. So, for it matures.
about investing in Treasury instance, you might pay $4,700 for a 13-week T-bill and get Don’t let scary or gloomy predictions discourage you from
securities? $5,000 back at the end of the three months. considering Treasuries – they remain a good option as part
Part of the concern over When investing in Treasury securities, you’ll want to keep of the fixed-income portion of your investment portfolio.
debt has been driven by these features in mind: This article was written by Edward Jones for use by
the cost of government • Price fluctuation – While your interest payments will your local Edward Jones Financial Advisor, Edward Jones,
borrowing, which has risen always remain the same, the market value of your Treasury Member SIPC.
because of higher interest security can change. So, you might not get face value for a Edward Jones is a licensed insurance producer in all states
rates. But it’s worth noting that while interest expenses have Treasury bond if you sell it before it matures, particularly and Washington, D.C., through Edward D. Jones & Co., L.P.,
risen to nearly 2 percent of gross domestic product (GDP), if market interest rates are higher than the rate you’ve been and in California, New Mexico and Massachusetts through
this measure had exceeded 3 percent in the early 1990s. receiving. Because longer-term bonds have more payments Edward Jones Insurance Agency of California, L.L.C.;
So, while the upward trend of federal debt could prove left to make than shorter-term ones, they are more sensitive Edward Jones Insurance Agency of New Mexico, L.L.C.; and
problematic down the road, the claims of a current crisis may to interest rate changes and market price fluctuations. Edward Jones Insurance Agency of Massachusetts, L.L.C.
be overblown. And Treasury securities are still considered • Taxes – Interest income from Treasury securities is Edward Jones, its employees and financial advisors cannot
among the safest investments in the world, as they are secured subject to federal income tax but exempt from state and provide tax advice. You should consult your qualified tax
by the full faith and credit – that is, the ability to borrow and local taxes. advisor regarding your situation.
tax – of the United States. In addition to the traditional Treasury bonds, bills and Contact us at (561) 748-7600, Sally Sima Stahl, AAMS,
In any case, if you haven’t invested in Treasury securities, notes, another option is available: Treasury Inflation- 1851 W. Indiantown Road, Ste. 106, Jupiter, FL 33458.
you’ll want to know the basics. First of all, when you purchase Protected Securities (TIPS). Unlike other Treasury securities,
a Treasury security, you’re lending money to the federal in which the principal is fixed, the principal of a TIPS can
government for a specific period of time. move up or down, based on movements in the Consumer Jupiter Senior
The Pet Cottage Post Softball

Senior Dobermans With set up local boarding

Military Roots In Search as soon as possible The Jupiter Senior
because Jesse and
Softball Association’s
Of Forever Home h i s f a m i l y we r e 2024 Winter League,
required to relocate featuring a record 15
The Pet Cottage appreciates to Italy the day after teams competing in three
the service our United States Christmas. It was an divisions, began Jan. 8
Military members have emotional goodbye and runs through the end
dedicated their lives to. When for all! But Jesse had of March.
military personnel face a big the peace of mind A total of 187 players
change – whether it’s deployment that his beloved dogs turned out for the league,
or being restationed – and cannot would be cherished which is the cornerstone
keep their pet, The Pet Cottage steps and cared for. He of the year-round slow-
in with support and solutions. also found comfort pitch softball program.
Jesse, a military serviceman based in South Florida in knowing he can There are six games every Commissioner Paul Storch
with 22 years in, recently reached out to The Pet Cottage. follow their journey Monday, Wednesday and
He had received orders to relocate for a tour in Italy. via social media. Friday morning at Maplewood Park. Persons 55 and older
Jesse and his family were the proud owners of two senior If you would like are eligible to join and there is no upper age limit.
Dobermans, Ladybug and Vinny. As a senior military to learn more about As the competition began, League Commissioner Paul
member, Jesse had always been able to take his dogs with becoming a forever Storch said, “Everybody is looking forward to having a
him around the world, which was the plan for Italy. guardian for Vinny fantastic time over the next approximately three months.
Then Jesse received the surprising news that the Italian and Ladybug, please We have more players than we’ve ever had.” And more
base did not allow the Doberman breed. Jesse and his contact The Pet continue to sign up, he said.
family were absolutely heartbroken and scrambling for Cottage. Short-term The league’s three-division format allows games for
a solution. The Pet Cottage was their saving grace with forever guardians are more competitive players as well as those desiring a more
a forever promise of lifetime care. also needed. relaxed style of play. After the winter league ends pickup
Creative Solutions Were Necessary The Sanctuary games are held the remainder of the year.
While Ladybug and Vinny fit the mission of The Pet Property Needs The senior softball program is sponsored by the
Cottage, there was not a simple solution to set up forever Upgrades nonprofit Jupiter Senior Softball Association in cooperation
guardianship due to the size, age and bonding of the two The Pet Cottage with the Town of Jupiter’s Parks & Recreation Department.
dogs. Sanctuary is a 2-acre property nestled in Jupiter Farms For more information about the softball program,
Wendy Derhak, Pet Cottage founder and executive that currently houses 10 dogs and one cat. The pets at including sponsorship, or to register, contact Gary Newman
director, felt called to help and began connecting with the sanctuary have special needs and receive homestyle at (917) 623-0791, or go to www.leaguelineup.com/jssa.
community partners. Wendy secured a temporary care from Wendy (who lives on-site) and the team of
forever guardian through the volunteer network and volunteers. The pets live inside, have access to two dog
parks and receive an abundance of love, care and attention. NEED A/C? We’ve Got You Covered!
But having enough space – for emergencies like Vinny
and Ladybug – is becoming an issue.
A goal for The Pet Cottage in 2024 is to create short-
term boarding space for emergencies. Oftentimes, when
an immediate placement for the pet. Without that, the pet “WE SHOW
a person passes away, the surviving family members need
goes to a shelter.
If you or someone you know, would like to contribute UP!”
financial resources or a physical trailer or structure to The
Pet Cottage, please contact us as soon as possible.
The Pet Cottage Mission
The Pet Cottage is a 501(c)(3) nonprofit located in
Jupiter Farms that celebrates and protects the magical
relationship between people and pets. We provide
homestyle care for pets who lose their humans due to
death, disability or deployment and make a forever
promise for lifetime care.
We also provide pet companionship for senior people
and cover all veterinary expenses. We are a promise and our Call Today for a FREE estimate!
promise means forever. You are invited to join our pack! 561.575.2173
The Pet Cottage, 231 Jupiter St., Jupiter, FL
(561) 818-5025, www.MiklosAir.com
www.thepetcottage.org