Page 20 - Talk of Tequesta - September '24

Page 20, The Talk Of Tequesta

fiNaNCial foCus ®

Know The Risks Of Investing – And Not Investing

By Sally Sima Stahl

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

Safer Treatment

For AFib:

Zero Fluoroscopy

Atrial fibrillation (AFib)
is no longer a condition
found primarily in older
adults. A growing number
of younger Americans
are experiencing AFib
with symptoms such as
palpitations, shortness of
breath and dizziness.
“You can literally have
AFib at any age,” says
Yasser Rodriguez, M.D., a Yasser Rodriguez, M.D.
cardiac electrophysiologist
at Cleveland Clinic Weston Hospital. “The important
thing is that you see your doctor. The sooner you start
treatment, the better your chances of preventing it from
getting worse.”
For years, AFib, which causes abnormal heart rhythms,
has been treated with cardiac ablations using fluoroscopy,
or x-rays. While effective, the procedure exposed other
areas of the body to potentially harmful radiation.
“Fortunately, we now have a new technology to
perform cardiac ablations for AFib through a technique
called ‘zero fluoroscopy,’” says Dr. Rodriguez, who
specializes in complex ablations. “We have moved away
from x-ray, which can increase the risk of breast, lung,
skin and even bone marrow cancers. Zero fluoroscopy
ablation poses less risk, making the procedure safer for
younger patients who may need additional ablations down
the road.”
At a time when AFib has increased three-fold, this is
welcome news for both cardiologists and their patients.
“AFib is a risk factor for life-threatening conditions,
such as heart attacks and strokes, and contributes to
158,000 deaths each year in the United States,” says Dr.
Rodriguez. “We are extremely pleased to be able to offer
this safe and effective technology to our patients.”
Visit ClevelandClinicFlorida.org/Heart to learn more
about the Heart, Vascular and Thoracic Institute at
Cleveland Clinic in Florida.