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Financial Senior Voice of Hernando County • SEPTEMBER 2020 • 19
Labor Day: Make Investments Work as Hard as You Do
By Tonia money to be available at a
Warncke certain time, so you’ll want growth-oriented investments in still helping you make progress
Financial your portfolio, with the exact toward your goals. If it seems
Advisor an investment that offers a amount depending on your like you’re falling behind,
Edward high degree of preservation goals, risk tolerance and time you may need to adjust your
Jones of principal. However, when horizon. These investments investment mix.
Tonia.Warncke@ you’re saving for a retirement will fluctuate in value, but
edwardjones.com that may be decades away, you You’ve probably discovered
This year, Labor Day may need to consider investments the longer you hold them, that hard work pays off for you
have a different impact, given that offer growth potential. In the more the impact of short- in just about every endeavor
the employment-related stress any case, you can help your term drops may be reduced, – so why should it be any
and disruptions stemming from investments work efficiently especially if you maintain a different with investing?
the coronavirus. Yet, it’s good for you by matching them with diversified portfolio, although Keeping your investments
to recognize the value of work specific goals. diversification, by itself, can’t working diligently can
and its importance in achieving ensure a profit or protect help boost your chances of
your life’s goals. But if you’re You also want to keep your against loss in a declining achieving your important
going to retire comfortably investments “on the job.” In market. financial goals.
and reach your other financial the immediate aftermath of Finally, here’s one other step
objectives, you also need to large market downturns, such you can take to help keep your This article was written by
invest – and your investments as we saw earlier this year, investments working hard: Edward Jones for use by your
need to work as hard as you many people simply stopped Check up on them periodically. local Edward Jones Financial
do. investing altogether. But taking Review your portfolio at least Advisor.
a “time out” can be costly.
To help make this happen, For one thing, when you stop once a year to determine if it’s Edward Jones, Member SIPC
you need to know why you’re adding to your investment
investing in the first place. portfolio, you reduce its
You likely have a variety of growth potential. Furthermore,
financial goals, including if you’re on the investment
short-term ones – a long sidelines, you might miss out
vacation, a new car – and on the next market rally – and
long-term ones, such as a the biggest gains often happen
comfortable retirement and in the early stages of these
the desire to leave a legacy rallies.
for your family. But you can’t
invest in the same way for So, whether the markets
these goals. For example, when are moving up, down or
you’re planning an overseas sideways, it’s important to
vacation for next year, you keep investing and keep a
want a certain amount of reasonable percentage of
Pork,
Ribs,
Wings,
Burgers.
New Hours
Open Monday through
Friday 11 am - 4 pm. Tonia L Warncke, AAMS® edwardjones.com
Member SIPC
Financial Advisor
3220 U.S. 41, 10224 Yale Ave
Spring Hill, FL 34613
352-597-2996
just south of Spring Hill Dr.
IRT-1948I-A
