Page 8 - Jupiter Ocean Mile - October '24

Page 8, Jupiter Ocean Mile
Financial Focus ®

Vote For Solid Investment before—should you make some moves in anticipation of • Your time horizon – Where you are in life is an

Strategies possible changes in policy? important consideration when investing. When you are
Let’s look at the big picture first, through the lens of
young and just starting out in your career, you may be able
history. The financial markets have performed well—and to focus more on growth, as you have time to overcome the
By Sally Sima Stahl at times, not so well—under Democratic and Republican inevitable short-term market downturns. But as you near
With the presidential presidents alike. And the same is true about which party retirement, you may want to consolidate any gains you
election just a few weeks controlled Congress. may have achieved, and lower your risk level, by moving
away, the public is naturally While it might be an overstatement to say that decisions your portfolio toward a somewhat more conservative
interested in not just the made in Washington have no effect on the markets, it’s not approach. Even in retirement, though, you will need some
outcome but what the results always so easy to draw a direct line between what happens growth potential to stay ahead of inflation.
will mean for issues of there and how the markets perform. For one thing, political • Your needs for liquidity – As you invest, you’ll
national importance. As a candidates often make promises that are not fulfilled, or, if need to maintain an adequate amount of cash and cash
citizen, you likely share these they are, have different results than intended. Also, other equivalents in your holdings. Without this liquidity, you
concerns—but how about institutions can have a significant impact on the markets. might be forced to sell long-term investments in case you
as an investor? After the For example, the Federal Reserve, which controls short-term have unexpected expenses.
votes are counted—or even interest rates, can certainly affect many market sectors. And In any case, when it comes to investing, you may want
there will always be external events, such as foreign conflicts to pay less attention to what names are on the ballot—and
and even natural disasters, that can make short-term impacts
instead “vote” for the longer-term strategies that reflect
Commissioner’s on the investment world. your needs and goals.
This article was written by Edward Jones for use by
So, rather than making changes to your portfolio in
Update anticipation of what might happen if certain candidates get your local Edward Jones Financial Advisor, Edward
elected, or even in response to actual policy changes, look
Jones, Member SIPC.
to other factors to drive your investment decisions.
Edward Jones is a licensed insurance producer in
These factors should include the following: all states and Washington, D.C., through Edward D.
Advocacy And Civic • Your goals – You probably have short- and long-term Jones & Co., L.P., and in California, New Mexico and
Massachusetts through Edward Jones Insurance Agency
goals you’d like to achieve. For your short-term goals, such
Engagement In Government as a wedding, a down payment on a house or a long vacation, of California, L.L.C.; Edward Jones Insurance Agency of
you may want to invest in instruments that provide stability New Mexico, L.L.C.; and Edward Jones Insurance Agency
By Vice Mayor of principal. For your long-term goals, most important of of Massachusetts, L.L.C.
Maria G. Marino which may be a comfortable retirement, you’ll need to own Edward Jones, its employees and financial advisors
Advocacy and a reasonable number of growth-oriented investments. cannot provide tax advice. You should consult your
civic engagement are • Your risk tolerance – When you build and maintain qualified tax advisor regarding your situation.
fundamental to a healthy your investment portfolio, you’ll need to accommodate your Contact us at (561) 748-7600, Sally Sima Stahl, CFP ,
®
democracy. These individual risk tolerance. All investments carry some type AAMS , 1851 W. Indiantown Road, Ste. 106, Jupiter, FL
™
practices allow citizens of risk, but you need to be comfortable with the overall risk 33458.
to influence government level of your investments.
policies, hold officials
accountable, and
actively shape the
decisions that impact
their communities. When citizens and organizations
engage, they can drive government responsiveness,
transparency, and effectiveness.
Advocacy refers to the efforts of individuals,
groups, or organizations to influence public policy $ $ 100 OFF $ 250
and government decisions. These efforts can take 39Usually 95
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various forms, such as lobbying, public campaigns, SERVICE CALL WITH ANY NEW UV LIGHT WITH ANY
and grassroots mobilization. It often involves educating ANY A/C REPAIR WATER HEATER NEW INSTALLATION
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decision-makers and the public on specific issues, CALL FOR SERVICE CALL FOR SERVICE CALL FOR SERVICE
persuading them to adopt certain policies or actions. 561-741-2825 561-741-2825 561-741-2825
Civic engagement is a broader concept that encompasses Not valid with any other discounts, Not valid with any other discounts, Not valid with any other discounts,
any activity that allows citizens to be involved in public offers, or coupons. Limit 1 discount offers, or coupons. Limit 1 discount offers, or coupons. Limit 1 discount
life. This ranges from voting and participating in town per transaction. Expires 11/07/24. per transaction. Expires: 11/07/24. per transaction. Expires: 11/07/24.
halls to volunteering and joining community boards.
Civic engagement emphasizes collective action to address
societal issues and fosters a shared responsibility between
citizens and their government.
A recent example of effective advocacy and civic
engagement occurred in Palm Beach County when
the Florida Department of Environmental Protection
(FDEP) unveiled its 2024/25 Great Outdoors Initiative.
This initiative is aimed to increase public access,
recreation and lodging at Florida state parks. However,
the proposal to amend the Unit Management Plan

Commissioner’s Update on page 10

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