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March 26, 2009     The Carlisle Citizen
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March 26, 2009
 

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............... ~ _~ - .~ ~ 'id~,L" • •~ ,.~ ,~......*~~,~ Pa.ge Twelve • The Carlisle Citizen • Thursday, March 26, 2009 ...................... -r ................................. How to Invest, During a Recession The Adventures of Jack Sprout ~, Submitted by Joe Schettler, Rep for Edward Jones in Carlisle By Jack Shoop, CHS 1968 We are now finishing the vestments. If you've chosen to develop the discipline to 16th month of the recession, a good mix of investments, hold your investments for which began in December your plan should recover at many years. 2007, according to the Na- some point. Don't reach for high tional Bureau of Economic • Diversify, diversify, diver- yields. When the stock mar- Research. Not only is this a sify. Generally speaking,ket is down, many investors long recession, but it's also it's not a good idea to tie up turn to bonds that offer high a severe one, marked by more than 5 percent of your yields, reasoning that bonds painfully high levels of job portfolio in a single invest- are always safer than losses, a sharply reduced ment. Spread your invest-stocks. Don't be fooled into credit flow and a drop in the ment dollars among a widethis line of thinking; high- value of many investments, range of stocks, bonds, cer- yield bonds mean high-risk Still, despite all the bad tificates of deposit and other bonds. If the issuer defaults, news, there are valid rea- securities. For a rough idea you could lose your princi- sons to believe that brighter on how well you've diversi- pal. Stick with investment- days lie ahead. But you fled, ask yourself: "If the grade bonds. don't have to wait for things value of a few of my stocks • Look for opportunities. In- to turn around before tak- and bonds declined and stead of avoiding the finan- ing steps to help your own didn't recover, would it be cial markets, look for good financial future, extremely painful for me fi- investment opportunities. Here are some actions to nancially?" If the answer is Because investment prices consider: "yes," you probably need have fallen so much, your Don't cut back on your more diversification. Of dol, lars can now buy more 401(k). During difficult eco- course, diversification by shares. Historically, buying nomic times, it's hard for itself cannot guarantee ashares at lower prices has many people to assume profit or protect againstoften led to higher returns their jobs are safe. But if loss, but it can give youover the long term. If you're you are fairly confident your more chances for success receiving dividends, now is employment situation is se- and reduce the effects ofan especially good time to cure, continue investing in volatility on your portfolio, reinvest them. your 401(k) or other em- • Think long term. Your in- You probably can't avoid ployer-sponsored retire- vestments may have lost 30 all the" negative effects of ment plan. The tax advan- percent to 40 percent of the recession. But by follow- tages of these types of plans their value from October ing the above •suggestions, -- not to mention the 2007 to the present -- you can help avoid getting employer's match, if one is which may seem like a long thrown off track on your offered-- make them ideal time. Yet quality invest-journey toward your finan- savings vehicles for retire- ments often need much cial goals. ment. Of course, your plan longer periods to show sig- This article was written probably has taken a hit nificant growth. So while it by Edward Jones for use by over the past year, but can be painful to endure your locaIEdwardJonesfi- that's the case for many in- short-term losses; you need nancial advisor. 65 School Street ~ 989-3180 ~ Carlisle m mml n n m m "m m m n m m n m m m m n n m I I I I m Carlisle I 15 N st S eet ~:~u~.~ ~ ~m~. In~. ml- mm n ml mm m m m m m m mm m m m mm m m m mm mm mmm mm I I I I ! J This story was written by Jack Shoop a 1968 CHS graduate. The story is called "Meet Jack Sprout" and talks of growing up, maybe a little different from your friends, but not giving up and finally finding your purpose in life. I went out the following day and everyday for the next two weeks, I went deep into the Redwood forest, into the mountains to the north, and through the West Woods. I traveled down Big River and waded through the wetlands. I searched the prairie, the hillsides and all through the meadow. I couldn't find Honey B. anywhere. I never heard her singing or even saw a glimpse of her beau- tiful yellow feathers. Once I thought I felt someone watching me, as I went through the woods. Iris had said that she knew who I was and maybe she was watching me all the time. Well if she was, she wasn't letting herself be found. Maybe she knew what I was going to ask and didn't want to live with me on my farm. On my way back to the have one please?" East Woods, I stopped by"Sure, you can have them the flourmill to stock up on all," I said. some more rolls and muf-I sat down on a stump, fins. Honey B. stayed on her limb "Hi Jack Sprout," said and we ate our blueberry Iris. "How's your search go- muffins and white millet, ing?" honey biscuits. After that "Not so good," I said. "I we talked and talked and think she's hiding from me." talked. It was so easy, she "Maybe she is, but you're •liked to hear about my new not giving up are you?" farm. I wanted to know how "Oh no, but it's gettingshe learned to sing so well, frustrating." where she lived and what "All good things are worth she did for fun. We'd talked the trouble," said Iris. "Here for hours, when she asked, take these blueberry muf- "so why have you been look- fins, I know they're your fa- ing for me Jack Sprout?" vorite. Let me put some of "I want you to come live these special biscuits in with me on myfarm,"I said. your bag also." Wow, did I just say that, I "What are those?" I asked, thought to myself. It was "Never mind, just take pretty bold. But after talk- them along with ~you." ing to her for so long, and I continued on down the all the searching I'd done, path in the East Woods past it seemed like the right my house toward the honey thing to do. I think I caught farm. Then I heard it! Iher off guard because her heard the sound I'd beenbeak turned a rosy red. waiting for! It was Honey B. "Jack Sprout," she whis- singing, singing as beauti- pered. "I heard that's what ful as I'd ever heard her ' you were after, but to hear sing. I didn't even have to you say it to me is quite a look for her. She was-stand- different story. I'm flattered ing right there on a limb of but why do you want me to an Elm tree, leaning outcome live with you?" over the path. "Well, your singing is the "Hi Jack Sprout," she best there ever could be and said, in her soft sweet ca- it'll inspire me when I'm nary voice, working." "Well, hello. How are "That's nice, what else." you?" I asked, somewhat "You're very pretty." surprised and a little ner- "Thanks again." she said. vous. "So I can sing and I'm "I heard you were looking pretty. Is that why you for me. I've been watching want me to live on your you go all over the Beaver farm?" Creek Meadow. I think "I have a lot of white mil- you've covered every inch. let growing and Iris brought Say, what do you have inme a big wonderful bird your bag?" cage. You could call it home, "Blueberry muffins," I never go hungry and sing on think about that, so I kept been watching me all this looking. I had to find out if time and didn't come out she'd live with me or not. I'd where I could see you?" planted plenty of white mil- "That's right. I think you let all around my farm just have something else in your in case. I had millet, a big bag. I can smell my favorite beautiful bird cage and lots biscuits." of funny jokes. What more "Let me look. Here, what could a bird want? I wasare these." going to give it one more try "That's what I thought, andifI didn't find her, then they're my favorite white it just wasn't meant to be. millet and honey biscuits! How'd you know? Can I way around my house." "Sounds interesting Jack Sprout, but I'm not sure those are good enough rea- sons to live with someone." "The truth is," I said, "I need someone to talk to af- ter my chores are done. Yes, I love your singing and you are beautiful, but mostly I just like talking to you. Will you come live with me, Honey B?" , it's our to save you r" hen you insure your car with us, through Auto-Owners - Insurance Company, we'll save you money! Statistics show that mature drivers experience fewer, less-costly accidents, allowing us to pass the savings on to you. Contact us today, and let us earn your loyalty through our quality service and products at "No Problem" prices! o4'uto - Owners/usuram Life Home Car Business GoodhuemNolte Insurance Agency 100 Highway 5 • Carlisle, Iowa 989-3200 : ,?