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Show Thursday, July 7, 2011 The Gunnison Valley Gazette Page 5 Is your portfolio like a baseball team? ThE Outdoor Report Submitted by DARIN FRANDSEN If you're a baseball fan, you're no doubt aware that the MLB All-Star Game is being played on July 12. But while you'll probably appreciate the grace and skill of the players, you may not realize just how much a baseball team can teach you about other aspects of life — such as investing. Specifically, consider the following characteristics: • Consistency — Baseball teams need to be consistent. They choose quality players and must have the patience and discipline to stick with those players during slumps. As an investor, you should choose quality investments and have the patience and discipline to stick with them over the long haul. • Diversification — A baseball team doesn't have just one type of player — it contains pitchers, catchers, infielders and outfielders. Your portfolio also needs to be diversified because if you own only a single type of investment, and a market downturn strikes that asset class particularly hard, your portfolio could take a big hit. Owning a diversified mix of stocks, bonds, government securities, certificates of deposit (CDs) and other investments can help reduce the effect of market volatility on your holdings. Keep in mind, though, that diversification, by itself, can't guarantee a profit or protect against loss. • Unity — While a baseball team contains a diverse collection of players, they all strive toward a common goal. And the mix of investments in your portfolio needs to work together to help achieve the various goals you've established, such as a comfortable retirement, college for your children and a legacy for your family. To work toward your individual objectives, you will need to create an investment mix that's based on your risk tolerance, time horizon, family situation and other factors. • Flexibility — While every member of a professional baseball team is a good player, one might be better than another in a given situation. For instance, a faster runner might pinch-run for someone else. And as you move on in your "game" of life, you will need flexibility in making your investment decisions. As one ex- ample, when you near retirement, you may want to reduce your exposure to risk somewhat, so you might decide to replace some — but certainly not all — of your growth-oriented vehicles with investments that can offer greater protection of your principal. • Good management — Even the best group of baseball players needs a manager to guide them and make decisions during a ballgame. And to help you make investment choices during different times in your life, you might benefit from working with a financial professional — someone who knows your risk tolerance, investment preferences and long-term aspirations. You may never find yourself surrounded by the greatest ballplayers in the world — but remembering these traits can help keep your portfolio "in the game." This article was written by Edward Jones for use by your local Edward Jones Financial Advisor. FREE PORTFOLIO REVIEW. Darin K Frandsen Financial Advisor www.edwardjones.com 446 South Mall Drive B-7 St George, UT 84790 435-627-2159 Disabled vets save on fishing licenses You can save money on a Utah fishing license if you've been injured while serving in the armed forces. To show its appreciation for the sacrifice you've made, the Division of Wildlife Resources is offering discounted fishing licenses to Utah veterans who have disabilities. You can buy a discounted license for $21. The license is good for 365 days from the day you buy it. A 365day fishing license in Utah usually costs $26. To buy a discounted license, you must have a service-connected disability rating of 40 percent or greater. If you qualify, simply bring to a DWR office the verification of service connected disability documentation that the Department of Veterans Affairs issued to you. You can buy a discounted license at DWR offices in Ogden, Salt Lake City, Springville, Vernal, Price and Cedar City. Jim Karpowitz, director of the DWR, says the agency's staff members appreciate the sacrifice veterans have made for them. "This is one way for us to say thanks," he says. For more information, call the nearest Division of Wildlife Resources office, or the DWR's Salt Lake City office at 801-538-4700. The Outdoor Report is Sponsored by: SATTERWHITE LOG HOMES e °40/4. TE„„.• 4``' Family. Experience. Quality. 528-5001 Hwy 89 Northeast of Gunnison Open Monday - Saturday The First Word and Last Name in Log Homes! Think Satterwhite for Log Homes, Rough Lumber, Timbers, Animal Bedding and Firewood NEAP WEEK Member SIPC Edwardionei This week's Heap of the Week goes to Abby Jensen. Abby drove an ATV side by side in the Gunnison 4th of July Parade. "It's great for throwing candy!" MAKING SENSE OF INVESTING into all the World Hatt 4 tleeP WEEK Is sponsored by: ot IISCONOine% your comfort specialists Factory Authorized Dealer • actLI,)ed 528 3988 Wing i Cooling *toms - 50 E. HWY 89 - Gunnison Elder Tyler Jensen (left) is enjoying serving in the Chile Santiago North Mission and will return home next month. Tyler is the son of Brian and Michele Jensen of Gunnison. into all thell7orld Rasmussen Ace Hardware is sponsored by ACE Paints Sporting Goods Whirpool Appliances 528-7513 The helpful place. 435 South Main • Gunnison Pizza • Calzone Breadsticks • Salad CA9CtG\f\ Y3: 40714 Free Delivery (Limited Area) 528-3792 57 South Main • Gunnison >jv qaftft# to Seine Specialty Pizza's: thicken Alfredo • Philly Steak 8 Swiss • BR (hicken • (hicken Bacon Ranch Stix of all kinds: Bread Stix • (heerstix • Pepperoni Stix • Hawaiian Stix • (innastix • Tummy Stix lunchtime Special: Pizza by the Slice COACH S LOTSA OTSA SPORTS CALENDAR Little League Baseball Monday - Thursday @ the Gunnison Baseball Park That's a wise choice. Taking the stairs is a wise choice you can make to improve your heart health. Wise choices, such as regular health screenings or meeting with a personal health coach, can improve your health one step at a time. good from now until August 31, 2011 [1:ofttiftelio $50 0 $100 Swimming essons 0 June 20-July 1 • July 11-22 • July 25-Aug 5 Private or Semi-private Lessons 8:00 or 8:30 am •$60 for Private • $50 each for Semi-private Group Lessons - Any level taught any time • 9:00, 9:45, 10:30, 11:15 •$30 per student • $25 each if more than one student from same household You can sign up for Swimming Lessons by calling 528-7126 or by email to sorensenr@gunnison city.org If you are a woman aged 50-64, find out if you qualify for free individual health coaching, blood pressure, glucose, and cholesterol testing, and breast and cervical cancer screening. Get the tools you need to live an active, healthy life. Get Screened, Be Active, Be Healthy, Call 1-800-717-1811. Utah Cancer Control JL HEALTH C) Program UTAH DEPARTMENT OF g3000eTm A Joint Programof the Utah Department of Health and Utah Local Health Departments |
