Page 8 - Jupiter Ocean Mile - September '24

Page 8, Jupiter Ocean Mile
Financial Focus ®

Know The Risks Of Investing • Bonds – When market interest rates rise, the value vacation, you want the money to be there when you need
it, so an investment that offers protection of principal may
of your bonds can decline because investors won’t pay
– And Not Investing full price for them when they can get the newer ones that be appropriate, even if it doesn’t provide much in the way
offer higher rates. Another type of risk associated with of growth.
By Sally Sima Stahl bonds is credit risk, which essentially describes the risk For those long-term goals, though, you may need
Inves ting involves that the bond issuer may default, potentially disrupting to build an investment portfolio that contains growth
risk — and so does not your flow of interest payments. However, you can help potential and that reflects your personal risk tolerance
investing. You should know mitigate this risk by purchasing investment-grade bonds and time horizon. Over time, your risk tolerance may
how both these types of risk that receive the highest credit ratings from independent change. As you get closer to retirement, you may want
can affect your ability to rating agencies. to take a somewhat more conservative approach — but
reach your financial goals. • Certificates of deposit (CDs) – Although CDs are you’ll always need some elements of growth.
Let’s start with the generally considered safe because their principal is When you invest, risk can’t be eliminated, but it can
risks associated with guaranteed, they do carry reinvestment risk — the risk that be managed. Keeping this in mind, consider a long-term
investing. There’s not a you won’t be able to reinvest the proceeds of a maturing investment strategy that allows for risk but also offers the
single investment risk CD at the same interest rate. To help protect against this possibility of reward.
because different types of risk, you could own CDs of varying maturities. When This article was written by Edward Jones for use by
investments carry different types of risk. Here’s a look market rates are low, you’ll still have your longer-term your local Edward Jones Financial Advisor, Edward
at three investment categories and some of the risks CDs paying higher interest, and when market rates rise, Jones, Member SIPC.
connected with them: you can reinvest the money from your maturing shorter- Edward Jones is a licensed insurance producer in
• Stocks – When you invest in stocks or stock-based term CDs into the new, higher-paying ones. all states and Washington, D.C., through Edward D.
mutual funds, you will incur the risk that the value of Now, let’s turn to a completely different type of Jones & Co., L.P., and in California, New Mexico, and
your investments may decline. Stock prices can fall for risk — the risk of not investing. And this risk is easy to Massachusetts through Edward Jones Insurance Agency
any number of reasons – lower-than-expected earnings, understand: If you don’t invest, or if you consistently of California, L.L.C.; Edward Jones Insurance Agency of
a change in management, change in consumer tastes, and invest only in the most conservative vehicles, your money New Mexico, L.L.C.; and Edward Jones Insurance Agency
so on. Although the historical trend for stocks has been may not grow enough to allow you to reach your important of Massachusetts, L.L.C.
positive, there will always be periods when prices are long-term goals, such as a comfortable retirement. Edward Jones, its employees, and financial advisors
down. One way to help defend against this volatility is Of course, this doesn’t mean you should never own cannot provide tax advice. You should consult your
to hold stocks for the long term, rather than constantly conservative investments, including CDs and some types qualified tax advisor regarding your situation.
buying and selling, and to own a mix of stocks from of bonds. When you’re saving for a short-term goal, Contact us at (561) 748-7600, Sally Sima Stahl, CFP ,
®
different industries and even different countries. such as a down payment on a house, a wedding or a long AAMS , 1851 W. Indiantown Road, Ste. 106, Jupiter, FL 33458.
™
Medicare Corner With Kathy O

It’s That Time Of Year Again – What about your supplement plan? There are no changes plans and believes an educated and informed consumer
to the supplement benefits, but with increasing drug costs, is the best client. If you are concerned or have questions
Medicare Annual Enrollment some people may want to take advantage of the free trial of about changes to your plan or want to know if there is
the Advantage plan. This allows you to try an Advantage something different that may better meet your needs, you
Every year between Oct. plan for up to 12 months and still be guaranteed that you can get a professional plan review.
15 and Dec. 7, Medicare can go back to your same supplement plan. For a no cost or obligation plan review, please
allows beneficiaries to There are many other changes for the coming year. The call me, Kathy Olejniczak, (561) 212-7640. I conduct
make changes to their good news is you can think about it early and prepare. I reviews in person and on the phone. I speak Medicare.
plans. It is crucial that am a licensed insurance agent who specializes in Medicare
your 2025 plan changes be
reviewed since Medicare is
making significant changes
for Jan. 1, 2025, that will Experience Dentistry
affect all prescription drug
plans and Advantage plans.
The biggest changes to
Medicare rules include a $2,000 cap on annual member
medication costs (previously no limit), a new maximum with a
drug deductible of $590, elimination of the coverage gap
phase (donut hole) and will offer the option to pay the
maximum drug costs as a fixed monthly amount throughout
the whole year, rather than as they are incurred.
What do I do now? In late September, you will receive
the Annual Notice of Change. It is imperative that you Woman’s Touch
review this document – this year more than ever. This
notice will tell you the new costs and any changes to your
plan. You may incur higher premiums, higher medical
maximum out of pocket limits, deductibles and copays
in 2025. This letter presents a side-by-side explanation Cosmetic & Comprehensive Restorative Dentistry
of 2024 benefits and 2025 benefits. Advantage plans may
also have changes to the added benefits Medicare does
not cover such as vision, dental, hearing and over-the- State of the Art & Same Day Restorations
counter products.
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Medical College of Virginia School of Dentistry - Cum Laude
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561.575.2173 Harvard Dental School - Former Instructor
231 Jupiter St., Jupiter, FL Boston Brigham and Women’s Dental Group - Staff Dentist
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