Financial Focus
Erwin Hills Automotive
Time to make post-recession
Complete Automotive Service 3 Creekview Dr.
investment moves?
Diagnostic & Mechanical 853-8040
Foreign & Domestic Dean Taylor
Like a tiresome dinner guest, timism. In 10 recessions, extending cession, as well:
the recession has long outstayed its from 1949 through 2001, the S & • Look for quality. In any eco-
welcome. But there are some clear P 500 rose, on average, 9.5 percent nomic environment, you’ll be
signs that the economy has begun six months following the reces- making a smart move by focusing
to turn around. If that is indeed sion’s end date, and 15.5 percent on quality investments that fit your
the case, how should you, as an in- after 12 months, according to Ned unique situation. You may look for
Leicester Supply Co.
dividual investor, respond? Davis Research. Of course, as you the stocks of those companies with
Before we get to that question, have no doubt heard, past perfor- strong management teams and
let’s quickly review some of the key mance is no guarantee of future re- competitive products. And stick
LAWN & GARDEN SUPPLIES
factors that suggest the recession sults, but in years gone by, staying with investment-grade bonds, if
may be ending. First, we’ve seen in the market rewarded long-term fixed income is appropriate.
Serving the area for 37 years
four straight months of gains by the investors —those who could look • Diversify. Build a portfolio
Conference Board’s Index of Lead- beyond the recession at hand. containing a variety of investments,
ing Economic Indicators. Also, the In any case, if the recession is including stocks, bonds, govern-
job market is improving somewhat ending, let’s return to our origi- ment securities and certificates of
and bank lending is increasing. The nal question: What investment deposit. While diversification, by
Federal Reserve’s efforts to stabilize moves should you make? As we’ve itself, can’t guarantee a profit or
the financial system have improved already seen, the most important protect against a loss, it can help
conditions in the corporate credit step you can take is to remain in- you reduce the long-term effects of
WE DELIVER
• Mulch - Bulk & Bag
markets, as indicated by a dramatic vested — and if you’re out of the volatility on your holdings.
• Decorative Rock, Etc.
increase in the amount of new market, consider getting back in. • Keep a long-term perspective.
• Building Natural Rocks
bonds issued by companies thus far As exhibited by the strong market It’s not easy to overlook market
• Rail Road Ties
in 2009. We’ve also seen improve- rally this summer, large gains can fluctuations, especially severe ones,
• Wide Variety of Stone
ments in the housing market and come quickly, but they only come but if you can keep your eyes on
in industrial production. to those who aren’t on the invest- what you hope to achieve in the
• River Rock
Even if all this evidence indicates ment sidelines. future, you might be less likely to
the recession is ending, does that In addition to staying invested, over-react to short-term events. 2929 New Leicester Hwy. 828-683-2079
necessarily mean that boom times consider these other post-recession While you may need to periodi-
for investors will follow? A look moves — which are actually pretty cally adjust your investment mix in
www.leicestersupply.com
back in time shows reasons for op- good moves before and during a re- response to changes in the econo-
my and in your own life, you’ll be
better off, in the long run, by estab-
lishing a strategy that’s appropriate
for your individual risk tolerance
and goals — and sticking to it.
Brank Insurance
As individuals, we’re all sub-
ject to the ebbs and flows of the
economy. But by focusing on those
things you can control — such as
buying quality investments, diver-
sifying and thinking long-term —
you can become an investor for all
seasons.
This article was written by Ed-
ward Jones for use by Bill Bough-
ton, Weaverville’s local Edward
Jones Financial Advisor.
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September 17 - September 23, 2009 - THE TRIBUNE 11
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