Page 32 - October 2022 Issue.indd

When Should You because you had time to “bounce back” from any
market downturns. But as you near retirement, it
Adjust Your may make sense to lower your risk level. And as

Investment Mix? part of a move toward a reduced-risk approach, you
also may want to evaluate the “cash” positions in
Submitted by Ann Jacobs, Financial Advisor, your portfolio. When the market has gone through
a decline, as has been the case in 2022, you may not
Edward Jones - Denton 410-479-0271
want to tap into your portfolio to meet short-term
and emergency needs, so having sufficient cash

There are no shortcuts to investment success – you need to establish on hand is important. Keep in mind, though, that

a long-term strategy and stick with it. This means that you’ll want to having too much cash on the “sidelines” may aff ect
create an investment mix based on your goals, risk tolerance and time your ability to reach your long-term goals.
horizon – and then regularly review this mix to ensure it’s still meeting
your needs. Even if you decide to adopt a more risk-averse
investment position before you retire, though,
In fact, investing for the long term doesn’t necessarily mean you should
you may still benefit from some growth-oriented

lock your investments in forever. Throughout your life, you’ll likely need
investments in your portfolio to help you keep
to make some changes.
ahead of – or at least keep pace with – infl ation. As

Of course, everyone’s situation is different and there’s no prescribed you know, inflation has surged in 2022, but even

formula of when and how you should adjust your investments. But some when it’s been relatively mild, it can still erode your

possibilities may be worth considering. purchasing power significantly over time.
For example, a few years before you retire, you may want to re-evaluate Changes in your own goals or circumstances may
your risk exposure and consider moving part of your portfolio into a also lead you to modify your investment mix. You
more risk-averse position. When you were decades away from retiring, might decide to retire earlier or later than you
you may have felt more comfortable with a more aggressive positioning originally planned. You might even change your
plans for the type of retirement you want, choosing
to work part-time for a few years. Your family
situation may change – perhaps you have another
> edwardjones.com | Member SIPC child for whom you’d like to save and invest for
college. Any of these events could lead you to review

your portfolio to find new opportunities or to adjust
Compare our CD Rates your risk level – or both.
Bank-issued, FDIC-insured
You might wonder if you should also consider
. $1000 external forces, such as higher interest rates or the
1-year % APY* Minimum deposit changing your investment mix in response to

. $1000 types of events can affect parts of your portfolio,
2-year % APY* Minimum deposit rise in inflation this year. It’s certainly true that these

but it may not be advisable to react by shuffling
3. $1000
3-year % APY* Minimum deposit your investment mix. In the first place, nobody
can really predict how long these forces will keep
their momentum – it’s quite possible, for instance,
Call or visit your local financial advisor today.
that infl ation will have subsided noticeably within
Ann M Jacobs, AAMS® a year. But more importantly, you should make
Financial Advisor
investment moves based on the factors we’ve already
105 Franklin St discussed: your goals, risk tolerance, time horizon
Denton, MD 21629-1207
410-479-0271 and individual circumstances.
By reviewing your portfolio regularly, possibly with
* Annual Percentage Yield (APY) effective 05/19/2022. CDs offered by Edward Jones are

bank-issued and FDIC-insured up to $250,000 (principal and interest accrued but not yet paid) the assistance of a financial professional, you can
per depositor, per insured depository institution, for each account ownership category. Please
visit www.fdic.gov or contact your financial advisor for additional information. Subject to help ensure that your investment mix will always
availability and price change. CD values are subject to interest rate risk such that when interest be appropriate for your needs and goals.
rates rise, the prices of CDs can decrease. If CDs are sold prior to maturity, the investor can lose
principal value. FDIC insurance does not cover losses in market value. Early withdrawal may not

be permitted. Yields quoted are net of all commissions. CDs require the distribution of interest This article was written by Edward Jones for use by
and do not allow interest to compound. CDs offered through Edward Jones are issued by banks your local Edward Jones Financial Advisor. Edward
and thrifts nationwide. All CDs sold by Edward Jones are registered with the Depository Trust
Corp. (DTC). Jones, Member SIPC.
FDI-1867K-A © 2022 EDWARD D. JONES & CO., L.P. ALL RIGHTS RESERVED.
32