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Show Page 4 The Gunnison Valley Gazette The Outdoor Report Into all the World Weather wasn’t kind to upland game birds Elder Richard Johansen and Sister Andrea Johansen, senior missionary couple for the Peoria, Illinois Mission, with one of their investigators, Joy, on a trip to the Nauvoo Pageant and temple grounds. “This was a great pageant and wonderful people to meet in Nauvoo. What a blessing it is to be serving in an area rich with church history,” said the Johansen’s. The Johansens are serving an 18 month mission in Morton, Illinois. Theall Scouting Newsis sponsored is Sponsored by Into the World by ACE Paints Sporting Goods Whirpool Appliances 528-7513 435 South Main • Gunnison How will election affect your investments? Submitted by DARIN FRANDSEN Now that both political parties have held their respective conventions, the campaign season shifts into high gear. As a citizen, you’ll want to hear how the candidates plan to address issues of importance to you. But as an investor, you might be particularly interested in how the election results can affect your investments. Based on what happens on November 4, should you make any changes to your portfolio? To answer that question, you may find it useful to review the history of the financial markets under different political scenarios, according to Ned Davis Research. Since 1901, the Dow Jones Industrial Average has shown an average annualized return of about 12 percent under Democratic presidents, compared to about 8 percent under Republicans. When Democrats have controlled Congress; the Dow’s average annualized return has been about 11 percent, compared to about 8 percent when the Republicans were in control. Since 1925, long-term government bonds have returned more than 7 percent under Republican presidents, compared to about 3.4 percent under Democrats. When Republicans have controlled Congress, the bond market also fared better than when Democrats were in charge, though the difference isn’t as pronounced as in the comparison between presidents of different parties. But while it’s interesting to study the past, it’s not necessarily instructive about the future. It’s true that by changing our tax laws, government spending and industry regulations, any given president and Congress can have an impact on economic growth, jobs, interest rates and inflation — and all these factors, in turn, can affect the financial markets. Still, it’s impossible to predict just how these forces will influence the investment world. Political candidates often make promises that never turn into reality, and even if they do, they can have unintended consequences. Even more importantly, however, is the fact that the free-market forces of our capitalistic system are likely more powerful than political forces in determining the ultimate performance of investments. As a country, we have experienced many political changes and upheavals, but, over time, our economy has always proven resilient enough to provide opportunities for those people Thursday, October 2, 2008 with the faith to invest for the future. Here’s the bottom line: No matter who wins the presidency in November, and no matter which party controls Congress, you don’t need to change your investment style or revamp your portfolio. Of course, that doesn’t mean you should be oblivious to new policies and their potential impact on your investments. In fact, it’s a good idea to review your portfolio at least once a year with your financial advisor, who can recommend any changes that might be beneficial. So, when it’s time to cast your ballot, support the candidate who best advocates your concerns on a range of issues. But when it comes to your portfolio, make sure to “vote” for investment strategies, such as buying quality stocks and bonds, holding them for the long term and building an investment mix based on your goals and risk tolerance. . This article was written by Edward Jones for use by your local Edward Jones Financial Advisor. A long, snowy winter and a hot, dry summer were not kind to upland game birds in Utah. But don’t give up hope. As Utah’s upland game hunts get underway, there are some bright spots! White-tailed ptarmigan Utah’s 2008–2009 upland game season started Aug. 23 with the white-tailed ptarmigan hunt. Since then, other hunts have started or will start soon. California and Gambel’s quail are doing well in Utah this year. Both species are found in only a few areas in the state, but if you can find them, you should have some good hunting. One of the best places to find quail is the Uinta Basin in northeastern Utah. Parts of south-central and southwestern Utah, especially Millard County, also have good numbers of birds. You’ll typically find California quail on private property. Please remember that you must get written permission from landowners before entering their property. Depending on where you hunt, you could find yourself in the middle of a bunch of cottontail rabbits this season. Cottontail rabbits are known for their cyclic population patterns, which means the population will erupt and then crash over a certain period of time. For that reason, you’ll find different rabbit numbers in different areas of the state. “Focus your efforts in northern, south-central and southwestern Utah,” says Dave Olsen, upland game coordinator for the Division of Wildlife Resources. “That’s where the state’s rabbit populations are doing the best this year.” In other areas of the state, rabbit numbers are down a bit. “A cottontail rabbit population cycle generally covers a 10-year pe- The Outdoor Report is Sponsored by: . St George, UT 84770 435-652-3558 Hwy 89 Northeast of Gunnison The First Word and Last Name in Log Homes! Think Satterwhite for Log Homes, Rough Lumber, Timbers, Animal Bedding and Firewood G•I•C AUTO SALES ‘07 Ford F150 2 Wheel Drive Service Truck Very Low Miles- 3,700 Only $11,900 Gold 2007 Chevy Malibu LS MAKE ALL THE DIFFERENCE. Financial Advisor 528-5001 Open Monday - Saturday THE RIGHT INVESTMENTS IN YOUR IRA CAN Darin K Frandsen 28,000 Miles To learn about the benefits of an Edward Jones IRA, call or visit today. www.edwardjones.com your ethics and behavior when hunting on Walk-In Access areas. “Landowners who allow the public to access their lands are providing sportsmen with a real courtesy,” he says. “Each of us needs to do all we can to make sure landowners have a positive experience.” If you’re one of the 1,120 hunters who were lucky enough to get a permit for this season, you might also be among those who are lucky enough to take a bird with a band on it. If you take a bird that’s wearing a leg band or a telemetry radio transmitter, biologists need your help. Two telephone numbers are listed under the “Attention chukar and sage-grouse hunters” heading on page 5 of the 2008–2009 Utah Upland Game Guidebook. Please call either of these numbers and report the band number to the person who answers the phone. In return, the researcher you visit with will give you a summary of the bird’s life history. That history includes where and when the bird was banded, its age and other information he has about the bird. “After every hunting season, we randomly survey hunters by telephone,” Olsen says. “If you use this chart to track your hunting success, you’ll be ready to provide us the information we need to help us better manage Utah’s upland game. Olsen says upland game hunting is one of the best ways to introduce young people to a lifetime of hunting and outdoor activity. “Upland game hunting is often the gateway that gets kids interested in Utah’s outdoors and hunting,” Olsen says. “Remember how you got introduced to hunting and the outdoors, and return the favor — take a kid hunting with you this season.” riod,” Olsen says. “Rabbit numbers will build for a few years. Then they’ll decline for a few years before they build again. “In parts of central and northeastern Utah, rabbits appear to be headed into the downward side of that 10-year cycle.” Whether you’re in an area that has lots of rabbits or just a few, you should still find enough rabbits to keep your kids interested. “Rabbit hunting is a great hunt for kids and families,” Olsen says. “It’s a good way to get your kids outdoors and give them a good chance for some fun shooting.” Olsen says the number of forest grouse and ring-necked pheasants available in Utah should be similar to last season. Chukar and Hungarian partridge numbers should also be similar to last season. And last season, their numbers weren’t that good. “Even though most of the state received a good amount of snow and rain this past winter and spring, those storms missed much of the West Desert and other chukar and partridge areas in Utah,” Olsen says. “The West Desert has most of the chukar habitat in Utah,” he says. “Unfortunately, the poor water conditions in the desert did not produce the vegetation, insect life and water sources that chukars rely on.” If you’re looking for a new area to hunt, visit wildlife.utah.gov/walkinaccess. The Web site lists private land that’s now open to public hunters through the DWR’s Walk-In Access program. “Most of this land is in northern Utah,” Olsen says. “Those who work in the program are always looking for additional productive wildlife land to enroll in the program.” Olsen reminds you to remember Only $11,500 Member SIPC Bronze ‘03 Ford Lariat 4-Door Low Miles! 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