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30 • OCTOBER 2020 - Senior Voice of Citrus County
Financial
Lessons from Experienced Investors
Ron Francis III learn from experience. just on paper – you might be to reach our objectives.
Financial Advisor Investors, too, benefit from taking on too much risk for
Edward Jones having seen and done things your own comfort level. • Don’t go it alone. Some
Investments before. In the investment of us, when we’re young,
Inverness, Fl arena, as in most walks of • Take a longer-term tend to think we have all
Ron.Francis@ perspective. When we’re the answers and don’t need
edwardjones.com life, patterns emerge, and young, we sometimes are much help in our endeavors.
once you learn to recognize
Those who have lived a long them, you can learn from past more inclined to desire But age gives us the wisdom
time have done a lot, seen mistakes. instant gratification – we to recognize that, although
a lot – and can teach us a want results now. Translated we may have acquired much
lot. And that’s certainly true • Know yourself. When into the investment world, knowledge over the years,
when it comes to investing. we reach a certain age, this could mean we want we can still use some help
most of us know ourselves to see big returns in a short in specialized areas, such
Consider some of the well. But you don’t have period. However, despite the as creating a long-term
lessons you might learn from to wait decades to gain this popular mythology, it’s quite investment strategy.
experienced investors: knowledge – at least not hard to turn enormous profits
• Regulate your emotions. In when it comes to investing. on investments overnight – or These suggestions are
appropriate for anyone – and
the investment world, there’s For example, you should even over weeks or months. they can help you on your
always something coming quickly gain a good sense But as the years pass, we journey toward your goals.
at us that could sound of your ability to withstand learn the value of thinking
scary: political flashpoints, risk. How? Just consider how long-term – how investments This article was written by
economic news, and even you react when the market we made years ago, and have Edward Jones for use by
those once-in-a-generation declines sharply. If you find added to steadily, are now your local Edward Jones
occurrences, such as the yourself losing sleep over yielding results that can help Financial Advisor.
COVID-19 pandemic. But your losses – even if they’re build the resources we need Edward Jones, Member SIPC
older people may take these
events in stride; in fact, baby
boomers and members of
the Silent Generation (born
between 1925 and 1945) are
coping better emotionally
with the impacts of
COVID-19 than younger age
cohorts. By keeping control
of your emotions, you may
be less likely to make moves,
such as selling quality
investments with good
fundamentals just because
their prices have fallen amid
an overall market decline. Ron Francis III
Financial Advisor edwardjones.com
• Learn from experience. The 2619 E Gulf To Lake Hwy #A2 Member SIPC
older we get, the more Inverness, FL 34453-3216
experiences we will have. 352-341-0579
And most people do indeed MKT-1952G-A
