M9-Stuart Living Sewall's Point, Sailfish Point, & Indian River Plantation-Vol.557

FTX: A Crypto Nightmare

By: Emmelis Keaney

If it sounds too good to be true, it may still be true…except for cryptocurrency exchanges. By now you’re somewhat familiar with the name FTX and have heard of their recent insolvency. All due to highly speculative transactions created from thin air, that everyone fell in love with as quickly as FTX fell apart.

What is FTX?

FTX is (was) an exchange where investors can trade cryptocurrencies and crypto derivatives. It is somewhat similar to the New York Stock Exchange (NYSE), the biggest di erence is what it trades. e NYSE and other regulated exchanges, investors trade stake in companies in the form of stock. But cryptocurrencies do not represent ownership in a company- or anything really.

Cryptocurrency, while widely asserted as a coin, is a token of perceived value. Remember when you used to go to the arcade and exchanged dollars for tokens that you could use on the di erent machines? Well, while a very simplistic analogy, that’s basically what cryptocurrencies are.

ey’re NOT money, as people mistakenly want to believe. To be considered money or a currency it has to meet 3 functions: must be a medium of exchange (✔), has to function as a unit of account – meaning it is a monetary unit of measurement- (X) and is a good store of value (✔). is is where the problem starts. If you had not noticed yet, then FTX’s insolvency must have made it reasonably clear to you that the value of cryptocurrencies uctuates as much as the weather in Florida. Most currencies have long term relative stability of their value – a $1 bill is expected to be worth $1 in 20 years’ time, for example. e price volatility of cryptocurrencies moves in sporadic and random form, constantly. is creates speculatory pressures that aim to take advantage of price volatility (and investors). FTX knew that.

When Satoshi Nakamoto released the ‘Bitcoin Whitepaper’, he aimed to develop a future decentralized digital currency that could function as money, without intending to replace at currencies necessarily. e keyword here is decentralized, which means no intermediaries and no centralized administration. Exactly the opposite of what exchanges do.

FTX took advantage of speculators and unsophisticated investors and lured them into placing transactions that defeat the primary purpose of what Satoshi set out to do in the rst place, with the peer-2-peer network. e price of Bitcoin along with Ethereum and other cryptocurrencies have been free falling, and other crypto related companies such as BlockFi and Bitfront are shutting down.

It’s a shame how easy it can be for fraudsters to deceive the public. Now more than ever, let this be a warning on the importance of nancial literacy and seeking sound nancial advice.

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Emmelis Keaney offers products and services using the following business names: Keaney Financial Services Corp – insurance and nancial services | Ameritas Investment Company, LLC (AIC), Member FINRA/SIPC – securities and investments | Ameritas Advisory Services (AAS) – investment advisory services. AIC and AAS are not af liated with Keaney Financial Services Corp.

Representatives of AIC do not provide tax or legal advice. Please consult with your tax advisor or attorney regarding your situation. Trades cannot be communicated to your Representative by e-mail, fax or regular mail as the transaction may not be executed on a timely basis. Please contact your Representative by telephone to request trades and do not use e-mail to send con dential information or time-sensitive instructions. Performance quoted does not guarantee future results. Please refer to your regular periodic statement for complete information. The content of your e-mail is not private as it is subject to review. If you are not the intended recipient and have received this e-mail in error, please contact the sender immediately and delete this material from your computer

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The Groutsmith Grout Cleaning 78

Titan Pressure Washing 76

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Carrabba’s

Mermaid Bar 28

Mr. Jalapeno 21 Mrs. Peter’s Smokehouse

Stuart Ceramics Painting Studio 29

Bob’s Mirror Removal 88

Brilliant Roo ng 66

Brite Concepts Window and Sliding Door Repair 11

Budget Blinds of Hobe Sound .......................................... 68 Budget Fence 99

Certa Pro Painters 32

Closets By Design 14

Coastal Closets and Showers .......................................... 17

Coastal Flooring 107 Code Red Roofers 77

Color Restoration 95

Complete Sliding Doors ................................................... 91

Complete Synthetic Turf...................................................35

Conte Contracting Corp....................................................74

CoolMoon AC Mechanical Contractor...............................81

Craig Hanlon Painting ...................................................... 52

D and D Garage Doors 94

Designer Driveways 47

Diamond Quality Roo ng 65

DTR Tile Restorations.......................................................63

Du-All Plumbing 43, 100

Entry Point 12

Exotic Marble & Granite 79

First Impression Doors and More 15

FoxHaven Roo ng 71

Frank Cleaner Service and Paver Repair 76

Freedom Air & Heat..........................................................69

Gala Design Center 110

GIG Remodeling Services 100

Gutters By TK 95

Holt’s Reliable Garage Doors 83

IMA Landscaping 102

Impact Experts 63

J and D Air Conditioning 72

JB Roo ng 91

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Kitchen Bath and Home Design 87

Kitchen Liquidators 101

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Liberty Impact Windows and Doors 82

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Max Guard Hurricane Windows 58-59

May ower Landscaping .................................................. 74

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Oasis Brick Pavers 79

One Week Bath Florida Frameless ................................... 55

Over the Top Roof Repair 104

OX Floor Coating 19

P and C Garage Doors Inc 107

P and S Seamless Gutters ............................................... 84

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Peter’s Water Treatment 111

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Pioneer Screen LLC ......................................................... 97

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Precision Door Service .................................................... 52

PS Flooring Inc. 45

Quality Air of America 31

Quality Plumbing & Drains 79

RG Garage Door Parts and Accessories 64

RK Services Painting 38

Roo ng Systems of FL 94

Royal Green 73

Sanders Screening 13

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SliderPro Doors and Windows 53

South Florida Screen-Ogden Custom Services Inc 53

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Tile & Decor USA 44

TradeWinds Kitchen and Bath 41

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Treasure Coast Garage Coatings 102

Treasure Coast Roo ng .................................................... 38

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Joseph’s Jewelry 13

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Twinkles Jewelry and Gifts LLC 44

Watch Repair Clinic..........................................................73

MEDICAL & HEALTH

Arroyo Health Labs .......................................................... 92

Dr. Tred J. Rissacher 17

First Home Care 36

Goals Weight Loss............................................................80

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Institute of Health and Wellness 27

Jupiter Hair Center 26

Lucie Dental ..................................................................... 10

MMJ Health ..................................................................... 18

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Priority Medical Supply 40

Salt of the Earth 28

Schmidt’s Optical 6-7

Senior Solutions 34

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Tomcat Treework 97

Wet Out Restoration 60 RETAIL Coastal Classics 46

Stretching Into the Holidays…

Every 5,000 miles, like clockwork, you take your car to get its oil changed and tires rotated. It’s basic, routine maintenance, but that consistent attention and upkeep is vital for your vehicle to run e ciently, especially over a number of years. Your body, much like your vehicle, requires regular care and treatment to keep it healthy. And, again like your automobile, your body needs support from someone other than yourself, a professional who can guide it to achieving its utmost abilities and to retaining its peak performance.

Getting older, playing sports, or having a condition like sciatica or arthritis shouldn’t hold you back from living your life! You can feel like your younger self again, the one who didn’t feel any aches or pains when walking, running, jumping, or even sitting… all you have to do is visit Stretch Zone.

Drew Brees, former quarterback of the New Orleans Saints, is the newest partner at Stretch Zone who advocates for people to regularly get stretched. A er personally going to Stretch Zone for an assisted stretching session, Drew was impressed with the uniquely e ective and nationally accredited Stretch Zone Method®, which is administered by a highly-trained and Stretch Zone-certi ed stretch practitioner.

Here’s How It Works:

1.) Your rst session begins with lling out an intake form and having a consultation with your experienced and knowledgeable stretch practitioner. Based on your medical background and your personal goals, the stretch practitioner will personalize the ensuing 30-minute assisted stretching session to meet your individual needs. On subsequent visits, you’ll simply do a check-in with the practitioner to update your medical pro le with any recent changes and/or any new pain or discomfort that you might be experiencing.

By Gabby Gregory

2.) e stretch practitioner initiates the rst steps of the approved Stretch Zone Method®, utilizing Stretch Zone’s special patented straps to encourage your body to relax and ease into the stretches. You won’t nd these straps anywhere else! Comparable to a thunder jacket for your pets, they are meant to calm your mind so that your entire body is perfectly loose, thus allowing the stretch practitioner to stretch your body to its full potential and, as a result, provide you with both preventative maintenance and pain relief.

3.) Assisted stretching (a/k/a passive stretching) is di erent from physical therapy in that your body is being stretched by someone else; thus, you’re not actually doing any work. roughout your 30-minute session, the stretch practitioner will be steadily interacting one-on-one with you, ensuring that you are completely comfortable and not experiencing any pain. Ultimately, you are in control of the stretch, even as your practitioner guides your body through each and every step, because you tell the practitioner when you feel your best stretching position. e more you communicate, the better results you’re going to get!

Take advantage of Stretch Zone’s incredible FREE 30 Minute Stretch Session! Anybody and everybody can and should be stretched.

In fact, one Stretch Practitioner I spoke with at Stretch Zone says, “98% of the people I see in front of me really need to be stretched. is is something you should not live without.”

Remember, it’s just like getting your oil changed! Plus, celebrities and professional athletes have been getting stretched for years, so it’s time for the general population to be clued into the secret!

Get your FREE 30 minute stretch for yourself or do it for a friend or loved one… what better way to say you care than to give the gi of making life easier, of feeling healthier, lighter, and younger, and of feeling like yourself again?

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For What It’s Worth

Ihad a nice Christmas treat today, compliments of a woman in the Hospice ri Store in Stuart. I had just come from an appointment at a shared parking lot from the store, and decided to meander in to see what goodies I might need. e thri store has three adjoining rooms, each open to the other, so it was quite easy to overhear conversation in the second room even though I was in the room before. It was apparent that one of the workers addressed a woman she knew very well, because she called out her rst name. e shopper, who I will call “Jenn” replied to the greeting very loudly, and at rst, I thought she might have either been inebriated or hard of hearing, but as the conversation progressed, I realized this was a woman with some sort of handicap, who must o en shop in this store, and seemed so delighted that she had the opportunity to be part of the conversation. I had to know who she was, and what her story was. I waited until the store clerk exited, and quietly walked into the second room.

She was perfect, in a sort of imperfect way, but I instantly wanted to speak to her. She was dressed nicely, but not necessarily fashionably, and her blonde hair was coi ed in a style le over from another era. Her posture was stooped, her neck jutting forward, her pocketbook clutched

by Dr. Melfi, Ph.D.

carefully to her side with one hand, while she picked up each object on the shelf with the other. She was completely engrossed in her happiness, and had no idea I was wandering the aisles just to get a glimpse of this woman who immediately stole my heart. She might have been thirty, or y, or older. She was timeless. Her delight in shopping was written all over her face. Her hand gracefully caressed each object, until it was put back carefully in its place. It became apparent when I caught a glimpse of her face, that she was a child in a grown up body. She had Down’s Syndrome, but apparently was quite capable of wandering around the shop alone. She was independent but innocent, adult but childlike. I loved her.

I couldn’t help myself. I came up next to her and said hello. She was delighted to make a new friend and show me all the items on the shelves. She said she was hoping that she might get one or two of the items for Christmas, if she wished really hard. She seemed especially fond of a little ceramic brown and white dog gurine, and explained that she had always wanted a dog, but the home in which she lived didn’t allow one. She spoke clearly, but hesitantly, choosing each word carefully. Her smile lit up her entire face. When she moved on to the third room, I quickly picked up the ceramic dog and took it

to the cashier, asking her to wrap it up as a Christmas gi from a new friend. She knew exactly who I was speaking about, and said this girl/woman comes almost every day, just to spend a few hours. She said most people don’t take the time to get to know her, but those who do, remember her by her beautiful smile and open heart.

For What it’s Worth she is the best Christmas present I will get this year, and I am thankful I was able to meet this angel. I rarely go into the Hospice ri Store, but I am going to make it my stop every time I’m in the area. I hope she has a wonderful holiday, because she certainly made mine. Happy holidays everyone!

Homeownership provides us with security, privacy, and a comfortable place from which we leave each morning and retreat each evening. Owning a home, however, entails constant upkeep and improvement. A roof replacement is one of those home improvements that will have a great impact on the overall look, feel, and function of your home.

Roof replacement on an existing structure or roof installation on new construction are both major considerations because they are investments that should last for years to come. For that reason, you shouldn’t settle for just any roo ng company that happens to knock on your door. Trust the family at FoxHaven Roo ng Group!

FoxHaven Roo ng Group is a third-generation, familyowned and operated, residential and commercial roo ng company serving St Lucie, Martin, and Palm Beach counties. Owners Andy Keys and Matt Stewart grew up together in Philadelphia, where they both learned the value of hard work and impeccable cra smanship from former roo ng and contractor generations.

Matt was a general contractor in Philadelphia since high school, learning the basics of the trade from his dad beginning at nine years old. He worked in Pennsylvania for 12 years as a GC before deciding to relocate to South Florida with his family and join Andy in his business venture.

Andy Keys has worked in the roo ng industry his entire life, and explains, “my entire family has been in the roo ng business, so as a kid, my job was to pick up all the tile at the job site.”

A PERFECT, 5-Star Reviewed Company Built on Trust

Now, almost four years later, FoxHaven Roo ng Group is a thriving, reputable company built on quality and service. e business has a perfect, 5-star rating on Google!

By Gina Zuk

Andy and Matt have many years of experience between them, but they realize and respect that the roo ng industry is a di erent world in Florida. “Down here, everything has code. e codes, inspections, and regulations are intense,” states Matt. ankfully, FoxHaven Roo ng’s sta of professionals are incredbly knowledgeable, plus insured and certi ed. Additionally, they make customer service a top priority.

FoxHaven Roo ng Group also uses cutting-edge technology, like a man-operated scissor-li dumpster called the Equipter. is device maneuvers easily around landscaping and other features to deposit debris directly from the roof to the dumpster and o the property… genius!

Let’s face it, a roof replacement is one of the biggest investments in your home, so Andy and Matt encourage consumers to do their research. ey believe it is bene cial for potential customers to read the good and the bad reviews, visit the o ce, inquire about the estimate process, and assess the e ciency of several companies before signing a contract. If you do your homework on FoxHaven Roo ng, then you will nd that their 5-Star Google reviews are a result of honest, quality work, impeccable customer service, and a valued, happy sta .

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led, then Andy or Matt will work with the inspector. “Our percentage of insurance claim approvals is very high because I don’t tell people to le claims unless there is real damage.”

When the time comes for a claim, Matt or Andy will get on the roof with the inspector to discuss the best plan of action for the customer.

Communication is Key

FoxHaven Roo ng Group works like a well-oiled machine! Your experience will begin with an initial call to Sam, the o ce manager, who schedules all appointments, pulls permits, and gathers information for estimates, which are usually provided to clients within 24-hours.

Insurance Company Friendly

ere are two types of roo ng companies in the industry: those that exclusively do work for insurance purposes (referred to as insurance restoration roofers) and others that work on referrals and reputation. FoxHaven Roo ng Group actually does a bit of both, and are true professionals in the insurance industry. Andy states, “We are not an insurance restoration roofer. However, we do work well with insurance companies.” If you think you have an insurance claim, then Andy recommends nding a roo ng company that has a good reputation, like FoxHaven Roo ng, when it comes to inspections.

Unfortunately, South Florida insurance companies are trying to compensate for unnecessary insurance claims by requiring homeowners to have more frequent roof inspections, and in some cases, roof replacements. Andy and Matt recognize this requirement as a problem for homeowners, so FoxHaven Roo ng Group avoids unnecessary insurance claims and will never encourage a customer to le a claim with their insurance company just to get business. If a claim needs to be

e streamlined estimate process begins with aerial measurements before Andy and Matt show up to the site for an inspection. Customers learn about not only FoxHaven’s superior product choices, but also whether a roof repair would be advisable over a full roof replacement.

“If we go to a house and it has a leak that needs to be repaired, but the roof is still in good shape, we of course will repair it,” explains Andy.

FoxHaven Roo ng Group makes communication a top priority, and prides itself on the whole customer experience from start to nish. Matt says, “ ey [the customers] have our cell phone numbers, and we tell them to call us any time.”

Both Matt and Andy understand the time sensitivity related to insurance claims, and Andy admits, “If people have deadlines, we move them up [in the schedule].”

Generally, work is started about two to three weeks a er a contract is signed. When the project begins, there is always a foreman on site at every job. Additionally, Andy or Matt will visit each job site every day to assure that their customers are fully satis ed.

And, satis ed you will be! FoxHaven Roo ng Group doesn’t just sell roofs, they build relationships.

FoxHaven Roo ng Group is located at 713 NE Dixie Highway, Unit D, in Jensen Beach.

e company’s hours of operation are Mondays-Fridays from 8AM-5PM. Flexible nancing options are available. For more information, call 772-258-4989 or visit foxhavenroof.com.

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