Page 2 - The Shores of Jupiter - February '24

Page 2, The Shores
deadline for the march
issue is February 6
mail or email to:
Bill Thompson, 18583 Lake Bend Drive
billthompsonsoj@gmail.com
The Shores of Jupiter
website:
www.theshoresofjupiter.org
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Copy appearing herewith may not be the viewpoint
of The Shores Board of Directors or its newsletter
editor. Nor should responsibility be assigned for
accuracy or validity or articles contributed by
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the editor.
Realtime property management
of South Florida llC
alexa Schuck, property manager
612 n. Orange ave., Bldg C-4,
Jupiter, Fl 33458
The Shores Of
Jupiter homeowners
association inc.
Board Of directors, Committee
Board Of directors:
David Lindley, President
John Hornyak, Vice President
Cynthia Clemente, Secretary
Barry Parker, Treasurer
Sal Greco, Director
Brian Martin, Director
Ryan Warren, Director
architectural Control Committee:
Brian Martin, Co-Chair
Sal Greco, Co-Chair
John Hornyak
Compliance Committee:
Ryan Warren, Chair
lakes and parks Committee:
David Lindley, Chair
Crimewatch Committee:
Bill Thompson, Co-Chair
Sal Greco, Co-Chair
Welcoming Committee:
John Hornyak, Chair
Sylke Lopez
infrastructure
David Lindley, Chair
Communications and newsletter editor:
Bill Thompson, Chair
events & Social media Committee:
Barry Parker, Co-Chair
Kristi Parker, Co-Chair
Francesca Brown
Tracey Lavoll
Sylke Lopez
Anais Maristany-Diaz
Dena Martin
Webmaster
Kristi Parker
Captain’s was established in 1980 servicing
Palm Beach County and is a privately
owned and managed company.
Captain’s is committed to providing
dependable, reliable and professional
ground transportation to and from all
South Florida Airports and Seaports. PBCVH212
To reserve your vehicle:
561-798-2180 or 800-634-7890 www.captainsairport.com Palm Beach Gardens, FL 33403
Financial Focus ®
Treasury Bonds: Still Safe value for a Treasury bond if you sell it before it matures,
For investors particularly if market interest rates are higher than the rate
you’ve been receiving. Because longer-term bonds have
more payments left to make than shorter-term ones, they
By Sally Sima Stahl are more sensitive to interest rate changes and market
You may have read price fluctuations.
reports about an impending • Taxes – interest income from Treasury securities is
“debt crisis” in the United
subject to federal income tax but exempt from state and
States. Should you be local taxes.
in addition to the traditional Treasury bonds, bills and
worried about investing in
Treasury securities? notes, another option is available: Treasury inflation-
Part of the concern over Protected Securities (TiPS). Unlike other Treasury
debt has been driven by securities, in which the principal is fixed, the principal
the cost of government of a TiPS can move up or down, based on movements in
borrowing, which has risen the Consumer Price index for Urban Consumers (CPi-U).
because of higher interest Once your TiPS matures, if the principal is higher than
rates. But it’s worth noting that while interest expenses the original amount, you’ll get the increased amount; if
have risen to nearly 2 percent of gross domestic product the principal is equal to or less than the original amount,
(GDP), this measure had exceeded 3 percent in the early you’ll get the original amount. TiPS pay a fixed interest
1990s. So, while the upward trend of federal debt could rate semiannually until maturity, but because interest is
prove problematic down the road, the claims of a current paid on the adjusted principal, the amount of your interest
crisis may be overblown. And Treasury securities are still payments can vary. As with other Treasury securities, you
considered among the safest investments in the world, as can hold a TiPS until maturity or sell it before it matures.
they are secured by the full faith and credit – that is, the Don’t let scary or gloomy predictions discourage you
ability to borrow and tax – of the United States. from considering Treasuries – they remain a good option
in any case, if you haven’t invested in Treasury securities,
as part of the fixed-income portion of your investment
you’ll want to know the basics. First of all, when you portfolio.
purchase a Treasury security, you’re lending money to the This article was written by Edward Jones for use by
federal government for a specific period of time. your local Edward Jones Financial Advisor, Edward
Here are your purchase options: Jones, Member SIPC.
• Treasury bill – Typically matures in four, 13 or 26 Edward Jones is a licensed insurance producer in
weeks, although some have maturities of up to a year all states and Washington, D.C., through Edward D.
• Treasury note – Matures in between one and 10 years Jones & Co., L.P., and in California, New Mexico and
• Treasury bond – Typically matures in 10 to 30 years Massachusetts through Edward Jones Insurance Agency
When you buy Treasury notes or bonds, you receive of California, L.L.C.; Edward Jones Insurance Agency of
semiannual interest payments, but when you purchase a New Mexico, L.L.C.; and Edward Jones Insurance Agency
of Massachusetts, L.L.C.
Treasury bill – a T-bill – you generally buy it at a discount,
and when the bill matures, you receive its face value. So, Edward Jones, its employees and financial advisors
for instance, you might pay $4,700 for a 13-week T-bill
cannot provide tax advice. You should consult your
and get $5,000 back at the end of the three months. qualified tax advisor regarding your situation.
When investing in Treasury securities, you’ll want to Contact us at (561) 748-7600, Sally Sima Stahl, AAMS,
keep these features in mind: 1851 W. Indiantown Road, Ste. 106, Jupiter, FL 33458.
• Price fluctuation – While your interest payments
will always remain the same, the market value of your
Treasury security can change. So, you might not get face
Commissioner’s Update from page 1 on any legislation that could create undue financial
burdens on our residents. The vigilance and engagement
we to continue to find ways to relieve the increased of local officials during the legislative session is critical
burden placed on our residents and lead with fiscal to ensure that outcomes align with the needs and values
responsibility. As i have advocated with the County of the communities we serve.
Commission to adopt a 5 percent millage rate reduction As always, if i can be assistance to you, please contact
for FY 2024/25, i am keeping the same watchful eye me at (561) 355-2201.
CAMPBELL AND KARLIK, P.A.
ATTORNEYS AT LAW
Wills • Trusts • Estate Planning • Probate
Taxation • Real Estate • Corporations
Diane L. KarLiK
Tel: (561) 625-5220
3450 Northlake Boulevard Suite 210 Fax: (561) 625-5201• Mobile: (561) 797-5004
EMail: dlkarlik@aol.com