Page 28 - September TownCrier 2024 FINAL fixed

28 September 2024 NHTownCrier.com

and asking questions of your financial advisor. Once
you know how your investments are more likely to CFLR’s Tim Foley Recovery
perform in certain financial markets, you can help
ensure that your investment strategy is in line with your Classic Golf Tournament to
tolerance for risk. Take Place This September
Tune out the noise Join Center for Family Life and Recovery, Inc. for its
By “noise,” McMillion means the constant barrage of annual Tim Foley Recovery Classic Golf Tournament
financial reports and other news events from the 24/7 on Monday, September 23, 2024, at the Teugega Club
news media. “Investors usually don’t need to react to in Rome, New York. This tournament honors Tim
the everyday financial news, no matter how topsy- Foley, recognizing his 25 years of dedicated service as
turvy things may seem,” she says. Keep your long-term a board member. Tim, a practicing attorney originally
goal in mind. from Utica and Old Forge, has been in recovery from
Regularly revisit your plan
Christopher J. Carbone alcoholism and drug addiction for over 30 years. He is
There’s no such thing as a completely set-it-and-forget- committed to sharing his story and believes that when
Invest More Confidently in it investment strategy, McMillion says. It’s always smart there’s help, there’s hope.
to check in regularly with your investment advisor.
This year’s golf tournament begins with registration
Volatile Markets “Your life circumstances may change, or your financial at 8:30AM, followed by a seated breakfast at 9:00AM.
When financial markets fluctuate, perhaps in reaction goals could shift,” she says. “You can feel much more The tournament kicks off with a shotgun start at
to world events, inflation, or a change in interest rates, confident that your investments are doing their job if 10:00AM, promising a day full of excitement. Expect an
even the calmest investors can start to question their you review them regularly with your advisor.” unforgettable event with prizes and side games to win.
financial strategies. All investing involves risk including the possible loss Lunch will be offered on the turn, with the 19th Hole
But volatile markets can present opportunities to of principal. Investing in stocks involves risk, and their Awards ceremony scheduled for 3:00 PM. Prize for the
review and reaffirm investment strategies, says Tracie returns and risk levels can vary depending on prevailing highest scoring team is a foursome to Thendara Golf
McMillion, head of global asset allocation strategy for market and economic conditions. Investments in fixed- Club. Golfers are also eligible to win a car, sponsored
Wells Fargo Investment Institute. income securities are subject to market, interest rate, by Mastrovito Hyundai’s Dealership.
“Financial markets are frequently volatile — that’s credit, and other risks. Bond prices fluctuate inversely Sponsorships and foursomes are available on our
their nature,” she says. “Even so, during periods of to changes in interest rates. Therefore, a general rise GolfStatus Tournament website: events.golfstatus.
uncertainty, investors may start to question their in interest rates can cause a bond’s price to fall. Credit com/event/2024-tim-foley-recovery-classic-golf-
investment decisions. Having a plan in place can provide risk is the risk that an issuer will default on payments tournament/details/registration-details. Coinciding
the guard rails to help steer through and beyond the of interest and/or principal. This risk is heightened with National Recovery and Suicide Awareness
volatility.” in lower-rated bonds. If sold prior to maturity, fixed- Month, proceeds from the tournament will benefit the
In addition to reaffirming and focusing on your plan, income securities are subject to market risk. All fixed- programs and services of the Center for Family Life
here are some strategies you can use to help weather income investments may be worth less than their and Recovery in the Mohawk Valley. This year, your
economically turbulent times. original cost upon redemption or maturity. hole signage can be in honor of a recovery warrior or in
Wells Fargo Investment Institute, Inc. is a registered memory of those lost to suicide and/or substance use
Match your investments to your time horizon investment adviser and wholly owned subsidiary of disorder. To become a sponsor of the event, for more
The simplest way to feel more comfortable about Wells Fargo Bank, N.A., a bank affiliate of Wells Fargo information, or for any questions, please contact Kerr
your investments is to align them with your financial & Company. Flanders at 315.737.2080.
calendar, no matter what happens in the financial world Center for Family Life and Recovery, Inc. is proud to
This article was written by/for Wells Fargo Advisors
this month or year. and provided courtesy of Christopher J. Carbone, CFP®, be the area’s leading expert in advocacy, prevention,
For example, do you need some of your money fairly AWMA®, LUTCF® First Vice President - Investment counseling, and employee assistance programs. Along
soon or want it close at hand in case of an emergency? Officer - Financial Advisor in New Hartford, NY at with supporting individuals and families struggling
If so, McMillion says you should consider investments (315) 723-7386 with addiction and recovery, mental health, and
such as cash holdings and short-term bonds that behavioral issues, CFLR’s goal is to inspire hope,
shouldn’t lose much, if any, value over the short term. Investment and Insurance Products are: • Not Insured provide help, promote wellness, and transform lives. To
On the other hand, if you won’t need some of your by the FDIC or Any Federal Government Agency • Not learn more, visit www.whenthereshelpthereshope.com
a Deposit or Other Obligation of, or Guaranteed by,
investment money until you retire multiple years in the the Bank or Any Bank Affiliate • Subject to Investment
future, equities or longer-term bonds are worth a closer Risks, Including Possible Loss of the Principal Amount
look. Those investments carry more risks but also offer Invested
potentially better returns. Wells Fargo Advisors is a trade name used by Wells
Know what to expect from your investments Fargo Clearing Services, LLC, Member SIPC, a Angels Among Us
Some investors lose confidence because they don’t registered broker-dealer and non-bank affiliate of Wells Food Pantry
fully understand how their investments work. In that Fargo & Company.
case, McMillion says, some knowledge of typical asset ©2022 – 2024 Wells Fargo Clearing Services, LLC. Sept 14 & 28 • Oct 12 & 26
behavior is a good thing. Nov 9 & 23 • Dec 7 & 21
Consider reading up on different types of investments
Hours of Operation: 10am - Noon
The food pantry is located at: St. John The Evangelist
Church, 66 Oxford Rd, New Hartford, NY. Follow the
signs to the driveway in the back during open hours. In
the event of food emergency issues, please contact the
St. John’s rectory from 9AM to 2 PM Monday through
Thursday at 315-732-8521.
Our pantry provides services to all residents of New
Retirement — irst get to it. Hartford (btw Rt 8 and Rt 12), Washington Mills,
Then get through it. Celebrating our 150th Chadwicks, Sauquoit, Cassville and Clayville.
Making it to retirement these days is no small feat. And If this is your first visit, please bring proof of address.
once you arrive, you’re not done. Contact me today so year of business!! If you do not have a permanent address, just come in. We
we can help keep your income stream lowing through will assist. If you are unsure of eligibility, just come in.
the next chapter. We will assist.
Auto-Home-Business-Life
Christopher Carbone, CFP®, AWMA®, LUTCF® We Are Looking For Volunteers!
First Vice President - Investment Oicer 2024 TEFAP Eligibility Income Guidelines*
CERTIFIED FINANCIAL PLANNER™ 315-735-9201 Based on Annual Incomes
178 Woods Park Drive
Clinton, NY 13323 Household Size Income
Direct: (315) 801-2546 www.turnbull-insurance.com 1 $33,885
christopher.carbone@wellsfargoadvisors.com
https://fa.wellsfargoadvisors.com/christopher- 2 $45,990
carbone 3 $58,095
4
$70,200
Investment and Insurance Products: 5 $82,305
NOT FDIC Insured NO Bank Guarantee MAY Lose Value 6 $94,410
7 $106,515
Wells Fargo Advisors is a trade name used by Wells Fargo Clearing Services, LLC, Member For Each Additional Person $12,105
SIPC, a registered broker-dealer and non-bank ailiate of Wells Fargo & Company. Add:
©2023 Wells Fargo Clearing Services, LLC. CAR-0323-04468
Please post for the calendar year 2024