July 2022

Page 15

July 2022

Hoopla: Spotlighting North Texans 55 And Better

15

How should you respond to a bear market So far, 2022 has not been a now – you may want to review good year for investors. In fact, your tolerance for risk and see if we’re moving into bear market it’s still the same as it was when territory. What should you know you began investing. Even withabout bear marout a bear market, people’s risk tolerkets? And how should you reance can change, esspond? pecially as they apTo begin by Mary H. McDow proach retirement. Edward Jones Adviser with, a bear • Review your market occurs goals. A bear market when a stock market index, such is not meaningless, but by itself, as the S&P 500, falls at least 20% it shouldn’t cause you to change from its most recent high point. your long-term goals. And if your You might think this type of drop goals haven’t changed, neither is rare, but that’s not actually the should your investment strategy. case. Historically, bear markets • Look for buying opportunihave occurred every few years ties. During a down market, you and are a normal feature of the can find quality investments at investment landscape. We exattractive prices. So, you could take this opportunity to fill gaps perienced a bear market fairly recently, from mid-February 2020 in your portfolio or add shares of investments that you already own through late March of that same and that you believe have good year. prospects for growth. What causes bear markets? • Get some help. When tryEach one is different, but the current one is largely the result of ing to navigate a lengthy marseveral factors, including high ket downturn, it can be useful to inflation, rising interest rates, the get some support and guidance. war in Ukraine and global supply Consider this: Among investors chain problems. who work with a financial adviNo one can say for sure, but in sor, 84% said that doing so gave any case, it’s not really a good idea them a greater sense of comfort to make investment decisions about their finances during the based on what may happen next COVID-19 pandemic, according in the financial markets. Instead, to a survey conducted in 2020 by consider these moves: Age Wave and Edward Jones. And • Be patient. It can be challeng- getting professional help may provide the same type of reassuring to look at your investment statements during these days. ance during the current market But you’ll help yourself by taking turmoil. a long-term view. Consider this: A bear market is never enjoyFrom March 2009 until the end able. But taking the long view of 2021, the Dow Jones Industrial and making moves appropriAverage gained more than 460%. ate for your needs can help you So, if you’ve been investing for a get through this period and look while, compare where you are ahead to better days. now to where you were 10 or 12 years ago. You’ve probably made pretty good progress over this time – and 10 years from now, the current downturn may not look This article was written by like such a big event, either. Edward Jones for use by your • Review your risk tolerance. local Edward Jones Financial If you’re having a hard time copAdvisor, Mary H. McDow, 102 ing with investment losses – even Houston Ave., Suite 203, 817598-0882. Member SPIC if they’re just “paper losses” for

Money Matters

PUBLIC DOMAIN

July 2022 Same square, different time

It’s amazing how so much has changed in Weatherford, yet much remains. To the right, you’ll see the Pythian building (now Bennett’s Office Supply). This photo was taken approximately 80 years ago on the corner of Church Street and College Avenue. In the background, you’ll see the building that was once Old Central High and later a junior high school.

nSUDOKU Sudoku Difficulty: Easy

(Puzzle solution is on P. 23)

Edited b

4

3 5 2 7 6 2 9 5 5 4 8 6 3 2 1 1 7 8 9 5 1 4 7 9 6 3 Copyright 2022 by The Puzzle Syndicate

How to Solve: Each row must contain the numbers 1 to 9; each column must contain the numbers 1 to 9; and each set of 3 by 3 boxes must contain the numbers 1 to 9.

HOW

Ea conta 1 to mu numb eac boxe the n

(Answ whe


Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.