| OCR Text |
Show THE OGDEN VALLEY NEWS Page 6 Volume 11, Issue XII 15 June 2000 Eden Woman Recently Honored to the top in her field. By Shanna Francis Ogden Valley News Staff Debra Siegel of Eden was recently honored by YCC as a recipient of the Mattie Wattis Harris Debra entered 20, 23 individu- Debra was . Jbeen involved in . | Operation Northern " | Watch, State University. Recipients of the award are nominated by community members, based on their achievements and contributions to the community. . . s i helping to lenforce the No Fly Zone in Turkey, a carry over mission | from Desert Storm. 4 Most of Debra’s {1 work entails working { on electronic avionics {systems, and more {recently, logistical is an F-16 Specialist iIn | 1 several years, she has emony held at Weber Debra Force q stationed at Hill Field. For the past als and two businesses were honored at a cer- Flight Air Illinois, Spirit of the American Woman Award. On May the 1982. After basic training in Lackland in Texas and Tech School in Chanute, at 4 deployment. Hill Air Force Base. She has won numer- Debra’s husband Debra Siegel ous awards for her William Siegel also services to the wing works at Hill Field in and her community. She works in a the same unit. The Siegels have lived mostly male environment and has risen in Eden for the past ten years. | (;}8%3 Qr adjy, PO Licensed Contractor W = VeV ol P.O.X 507 EDEN, UT 84310 Delbert Morris Tel: 745-1709 Cell: 791-7420 Grading Dirt Hauling Snow Removal Landscaping . Rock Work Backhoe Service Tear out & Replace Driveways 801-745-4000 2555 WOLF CREEK DRIVE EDEN, UTAH STORE HOURS: MON. - SAT. 7 AM - 10 PM SUNDAY 7 AM - 9 PM Regular Seeded Watermelon 10 Limit cents / 1b. 2 per coupon Expires 6/30/00 -Dreyer’s 1/2 Gallon Ice Cream 2 Limit for2 per$5.00 coupon Expires 6/30/00 reschetta Pizza $2.99 with coupon Limit 2 per coupon Expires 6/30/00 How Can I Get Higher Potential Returns Without Taking Significant Risks? Use The Principle Of Dollar-Cost-Averaging The formula for investment success seems simple enough: “Buy low and sell high.” The problem of course is predicting when a security’s price will average price. More importantly, it greatly reduces the risk that you’ll invest all or the majority of your assets at or near a market high. fortunate indeed if they can predict the general direction of the market correctly. Certainly, the individual investor cannot be expected to properly “time” specific securities purchases and sales with any consistent success. work. All it requires 1s a commitment on your part to invest a fixed amount of be low, and when it will be high. The best analysts and market watchers are There is, however, a way for you to successfully pursue at least half of the investment success formula. By putting into practice the principle of DollarCost-Averaging, you can consistently “buy low.” To be more specific, DollarCost-Averaging enables you to buy, over time, shares of a security at an average cost which is less than the It may sound too good to be true, but Dollar-Cost-Averaging really does money into the investment choice at regular intervals. The result is that you’ll buy more shares when the price is low — and fewer shares when the price is high. An example shown in the chart below will illustrate. We assumed a monthly investment of $1,000. The low share price was $25 at which price we bought 40 shares. The high share price was $50 at which price we bought 20 shares (in Feb. and June). Total shares purchased were 155 for $6,000. Dollar-Cost-Averaging Month Investment Purchased Amount Share Price Shares Purchased January February March April May $40 $50 $40 $25 $40 25 20 25 40 25 $1,000 $1,000 $1,000 $1,000 $1,000 June $1,000 $50 20 Totals: $6,000 155 Average Share Price Your Average Cost Per Share = $40.83 = $38.70 Difference/Savings Per Share of your =$2.13 The figures shown are for illustrative purposes only and don't reflect any actual performance of any particular investment. Dividing $6,000 by 155 we arrive at our average cost per share: $38.70. The extreme — the risk-averse investor. In other words, Dollar-Cost-Averaging average price (the sum of the six share is for the moderate investor who is willing to give up some of a security’s upside potential in exchange for some downside protection. significant, however, is the fact that Dollar-Cost-Averaging kept us from Averaging doesn’t assure a profit or protect you from loss in a declining share. Had we invested the entire lump involves regular investment purchases prices divided by six) over this period was $40.83 or $2.13 per share higher than we paid. This confirms the principle of Dollar-Cost-Averaging. Most investing the entire $6,000 at $50 per sum at that price we would have pur- That’s market. Also, because Dollar-Cost- since such a program regardless of fluctuating price levels of chased just 120 shares — 35 less than the investment, consider your financial — in which case we would have purchased 240 shares. If you have an aggressive risk tem- Cost-Averaging program purchased using Dollar-CostAveraging! Of course, we could have been extremely lucky and invested all our money at $25 per share — the low perament, and are comfortable trying to time the market in pursuit of maxi- mum gains, then Dollar-CostAveraging may not be for you. Conversely, if you’re looking for absolute strategy guarantees, Remember, won’t this time-tested assure a profit. Dollar-Cost-Averaging ability periods One flexible to continue purchases through of low price levels. of the most convenient and means of beginning a Dollar- is by setting up an automatic investment program. Most plans and investment product providers welcome and encourage automatic bank drafts, with a minimum investment as low as $25. Don’t miss out on the valuable benefits of DollarCost-Averaging. This information is provided courtesy of Calvin D. Welling, CLU, ChFC, CFP reduces your average cost per share. You’ll enjoy a profit only if your sell- Ascend Financial Services, Inc., Securities share (as it does in the example illus- Advisor Email: Calvin Welling(a Heritagefinancial group.com Phone: 801/399-5409 x32 ing price exceeds your average cost per trated here). Dollar-Cost-Averaging works best for the investor who is neither an aggressive market timer or the other Dealer; Member NASD/SIPC, A Registered Investment |
