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Show The Garfield County Insider December 4, 2008 Page 7 Time to Sell…or to Buy? Article Provided By Brandon Henrie, Financial Advisor For Edward Jones Investment. HELP WANTED Team Coach: Duties include working directly with students 13 – 17 years old. Must be a positive role model, interacting with students during evening and weekend recreational activities. All shifts available. Qualifications: Must be 21 years old, have a high school diploma, current driver’s license and able to pass a background check. Wage DOE. Interested individuals may send cover letter and resume to Lee Ann Fielding at 435-676-8482 or fax 435-676-8488 lfielding@ silveradoboysranch.com www.silveradoboysranch.com Restaurant Manager Rubys Inn is now accepting applications for a Restaurant Manager position at our new Western Style Restaurant in Bryce Canyon City. Position is responsible for all aspects of restaurant functions. Full Time, Benefits Package, Training, Discounts, etc. Wage negotiable depending upon experience. Application deadline is December 12, 2008. Applicants should email resume to hrd@rubysinn.com or if you prefer to fax, fax to 435834-5451. Please contact the Rubys Inn Human Resources Department for more information at 435-834-8002. NOTICE Garfield County is accepting applications for a Deputy Sheriff. The successful candidate will be required to live in the Ticaboo area. Applications are available at the Garfield County Clerk#‘s Office and will be accepted until 5:00 p.m. Friday, December 19, 2008. Utah Post Certification preferred, but not required. Anyone interested in applying for this position must pass the Standardized P.O.S.T. Exam prior to making application. The Exam is given at the Browning Learning Center on the Dixie College Campus each Tuesday at 5:00 P.M. For further information regarding the Exam and registration requirements, contact the Browning Learning Center at (435) 652-7696. Garfield County reserves the right to accept or reject any or all applications. Garfield County is an equal opportunity employer. Hotel Manager Bryce Canyon Grand Hotel is now accepting applications for a Hotel Manager position near beautiful Bryce Canyon National Park. Position will work closely with Hotel management team to manage and maintain all Hotel operations. Full Time, Benefits Package, on-site training, Discounts, etc. Wage negotiable depending upon experience. Application deadline is December 12, 2008. Applicants should email resume to hrd@rubysinn.com or if you prefer to fax, fax to 435-834-5451. Please contact the Rubys Inn Human Resources Department for more information at 435-834-8002. Job Opening Panguitch City is looking for someone to clean the Panguitch City Office/Library and Panguitch Fire Station. Both buildings would need to be cleaned twice/week. Duties would include garbage collection/carpet cleaning/restrooms/windows and other duties assigned. Estimated time would be 6-8 hours per week. Cleaning would need to be completed in early mornings or late evenings and/or weekends. For a walk through of buildings and additional details contact Allen Henrie 435-676-8585--25 South 200 East Panguitch, Utah. Job will start January 1, 2009 and all bids must be turned in to the City Office ( 25 South 200 East PO Box 75, Panguitch Utah 84759) by December 9th 2008 at 4 pm. Panguitch City is an equal opportunity employer. Panguitch reserve the right to accept or reject any and all bids. real estate We’re in a recession, which could be severe. Several financial services companies have either collapsed or been bailed out by the government. And the stock market is down about 45 percent since hitting its peak in October of 2007. Is this a “perfect storm” that should blow investors out of the market — or is it actually an opportunity for investors to jump back in? If you’re an investor, your first impulse might be to join the “get out while you can” camp. After all, it’s no fun seeing the market plunge hundreds of points one day — and then hundreds more the next day. And we keep getting hit by waves of bad economic news. What possible reason could there be for remaining invested in the market, or even adding more dollars to your current investments? Actually, you might be surprised. Some strong historical evidence suggests that, during a period such as we are now in, you may indeed benefit by not only staying invested, but also increasing your investment dollars in the financial markets. Consider this: In nine of the last ten recessions, dating back to 1949, the S & P 500 had moved up by at least 29 percent just 12 months after hitting its lowest point during the recession. Of course, as you’ve no doubt heard, past performance is no guarantee of future results, but it’s interesting to note that the market eventually recovered after each recession. However, no one can really predict when stocks will reach that low point. It’s possible we’ve already hit it, but it’s just as likely that we’ll see further drops. And yet, even if you can’t say that we’ve hit a market low, should you sell your stocks to “cut your losses” and use the proceeds to buy what you perceive as less risky investments? Before making this move, you need to consider some important facts. For example, if you pulled out of the stock market and purchased certificates of deposit (CDs) from a strong financial institution, you could reasonably expect that your principal will be safe and that you will receive the interest payments promised to you. But the interest rate you receive may not even keep up with inflation, so, over time, your investment could end up costing you purchasing power. On the other hand, if you were to remain invested in the stock market, and if it does follow historical patterns, you do have a chance of making up your losses. Will there be continued volatility in day-to-day price movements? Almost certainly. But keep in mind that, over the long term, a portfolio that contains a reasonable amount of stocks, along with bonds, government securities and other investments, gives you the best chance of achieving your financial goals. And here’s another reason to keep investing: As measured by the price-to-earnings ratio (P/E), stocks are currently inexpensive. If you buy more shares when prices are down, your increased ownership stake should become more valuable when stocks recover — as they have done following every bear market in the past. It’s tough to stay positive during a gloomy market environment. But the most successful investors are often the ones who have the courage to be optimistic when everyone around them is not. |