Page 22 - Sept 2020 Citrus
P. 22
22 • SEPTEMBER 2020 - Senior Voice of Citrus County
Financial
Labor Day: Make Investments Work as Hard as You Do
Ron Francis III need to consider investments are moving up, down or portfolio at least once a
Financial Advisor that offer growth potential. In sideways, it’s important to year to determine if it’s still
Edward Jones any case, you can help your keep investing and keep a helping you make progress
Investments investments work efficiently reasonable percentage of toward your goals. If it seems
Inverness, Fl for you by matching them growth-oriented investments like you’re falling behind,
Ron.Francis@ with specific goals. in your portfolio, with the
edwardjones.com you may need to adjust your
You also want to keep your exact amount depending on investment mix.
This year, Labor Day may investments “on the job.” your goals, risk tolerance You’ve probably discovered
have a different impact, In the immediate aftermath and time horizon. These that hard work pays off
given the employment- of large market downturns, investments will fluctuate for you in just about
related stress and disruptions such as we saw earlier this in value, but the longer every endeavor – so why
stemming from the year, many people simply you hold them, the more should it be any different
coronavirus. Yet, it’s good stopped investing altogether. the impact of short-term with investing? Keeping
to recognize the value of But taking a “time out” can drops may be reduced, your investments working
work and its importance in be costly. For one thing, especially if you maintain diligently can help boost your
achieving your life’s goals. when you stop adding to your a diversified portfolio, chances of achieving your
But if you’re going to retire investment portfolio, you although diversification, by important financial goals.
comfortably and reach your reduce its growth potential. itself, can’t ensure a profit
other financial objectives, Furthermore, if you’re on or protect against loss in a This article was written by
you also need to invest – and the investment sidelines, you declining market. Edward Jones for use by
your investments need to might miss out on the next Finally, here’s one other step your local Edward Jones
work as hard as you do. market rally – and the biggest you can take to help keep Financial Advisor.
To help make this happen, gains often happen in the your investments working Edward Jones, Member
you need to know why you’re early stages of these rallies. hard: Check up on them SIPC
investing in the first place. So, whether the markets periodically. Review your
You likely have a variety of
financial goals, including
short-term ones – a long
vacation, a new car – and
long-term ones, such as a
comfortable retirement and
the desire to leave a legacy
for your family. But you
can’t invest in the same way
for these goals. For example,
when you’re planning an
overseas vacation for next
year, you want a certain
amount of money to be
available at a certain time,
so you’ll want an investment Ron Francis III
that offers a high degree of Financial Advisor edwardjones.com
Member SIPC
preservation of principal. 2619 E Gulf To Lake Hwy #A2
However, when you’re Inverness, FL 34453-3216
352-341-0579
saving for a retirement that MKT-9811B-A
may be decades away, you
