Don’t let fears sink your investment plans Financial Focus


Fears of a “double-dip” recession are in


the air. Obviously, this isn’t particularly good news; we’d all like to feel that the economy is growing robustly. At the same time, however, you’ll want to avoid making hasty, ill-advised investment decisions based on the mere threat of a slide into another recession. Instead, you’ll want to keep your long-term investment plan intact — in all economic environments. Te possibility of a double-dip recession


makes great headlines. But such events have been rare. In fact, we’ve seen only one double- dip recession in the past 77 years. However, this history hasn’t stopped gloomy forecast- ers from predicting a double-dip in 1991 (it didn’t happen) and in 2003 (when it didn’t happen again). Will we again avoid the double-dip reces-


sion this time? It’s dangerous to make pre- dictions, but it seems more likely that what we’re really experiencing is a “soft patch” in the economic recovery as retail sales remain weak, consumer confidence is low and unem- ployment remains high. But on the positive side, manufacturing activity has been strong, corporate earnings have rebounded to pre- recession levels and profit margins are near all-time highs.


And yet, many investors are focusing strictly


on the negative reports — and they’re acting on their fears by moving money from stocks to fixed-income vehicles, such as bonds. Dur- ing the period from July 2008 through June 2010, investors pulled more than $200 billion out of stock-based mutual funds and put more than $475 billion into bond funds, according to the Investment Company Institute. Bonds can provide a source of regular in-


come and will return your principal when they mature, providing the issuers don’t de- fault. Tey’re an important part of most in- vestors’ portfolios. But if you’re joining the crowd and over-concentrating on bonds, you risk losing the following: • Growth opportunities — According to


Ibbotson, a leading investment research or- ganization, stocks have done particularly well following 10-year periods in which the stock market hasn’t performed strongly — and the past 10 years were one of the worst periods we’ve ever seen for stocks. And right now, many quality stocks are trading at some of the most attractive values in 15 years, as measured by price-to-earnings ratio, or P/E. • Portfolio balance — Ideally, you want your portfolio to contain a mix of investments


— stocks, bonds, international and cash — designed to reflect your risk tolerance, time horizon and long-term goals. You’ll need to adjust your investment mix over time to re- flect changes in your life, and regular portfo- lio reviews will prompt you to rebalance back to your target mix and determine whether any other changes are needed. But if you’re constantly disrupting your portfolio’s balance by reacting to short-term events, you’ll have a much harder time achieving your objectives. In virtually all areas of life, balance is essential — and that’s certainly true in regard to your investments. A “double-dip recession” might sound


scary, but it may well never come to pass — so don’t let the mere prospect throw you off your investment strategy. Good investment oppor- tunities are out there — so dip into them. Past performance is no guarantee of future


results. Before investing in stocks, you should un-


derstand the risks. Stocks are subject to mar- ket risks, including loss of principal invested.


Tis article was written by Edward Jones


for use by your local Edward Jones finan- cial advisor.


L AS cn.. EG L o t.


Legals cont...


Book 4283, at Page 1948. The record owner of such prop- erty, as reflected on the records of the Register of Deeds not more than ten (10) days prior to posting this Notice of Sale, if not the original mortgagors, is: N/A. 2. The property will be sold by the Substitute Trustee at 10:00 a.m. on the 30th day of November, 2010 at the above named County Courthouse door in the City of Asheville, North Carolina. 3. The real property to be sold is gener- ally known as Lot 2 at Beaver Drive, Asheville, NC, and is described as follows: Being all of Lot 2, inclu- sive, as is shown on that plat entitled “Survey for Dean Pistor”, as is recorded in Plat Book 121 at Page 24 of the Buncombe County, North Carolina Regis- try, reference to which plat is hereby made and incorporated. The above described parcel is being con- veyed TOGETHER WITH AND SUBJECT TO those rights of way and ease- ments as shown on that above referenced Plat and those rights of way, easements and restric- tive covenants as are recorded in the Bun- combe County, North Carolina Register’s Office, reference to which is hereby made and incorporated. And being a portion of Tract B as is described in that deed recorded in Deed Book 2744 at Page 136 of the aforesaid Registry, reference to which are hereby made


and incorporated. Any property described in the Deed of Trust which is not being offered for sale is described as follows: N/A. 4. Any buildings located on the above-described property are also included in the sale. 5. The property will be sold by the Substitute Trustee to the highest bidder for CASH. The highest bidder will be required to deposit IN CASH with the Substi- tute Trustee at the date and time of the sale the greater of five percent (5.0%) of the amount of the bid or Seven Hun- dred Fifty and no/100 Dollars ($750.00). 6. All bidders bid for the property AS IS on the date of sale. Absolutely no warranties are made as to the condition, value or title of the prop- erty. While the Substi- tute Trustee believes the title to be good, all bidders are advised that they should obtain independent counsel to examine record title as the property is sold subject to prior record interests.


holder has reserved the right to withdraw the sale up to and until the Deed is delivered by the Substitute Trustee. 7. The property will be sold subject to all unpaid taxes and spe- cial assessments. 8. The property being sold is all of that prop- erty described in the Deed of Trust except as specifically set forth above. It is the intention to extinguish any and all rights or interests in the property subordinate to the Deed of Trust. 9. Additional Notice Where the Real Property is Residential with Less Than 15 Rental Units: An order for possession


www.leicesterleader.com The Note-


of the property may be issued pursuant to G.S. 45-21.29 in favor of the purchaser and against the party or parties in possession by the Clerk of Superior Court of the County in which the property is sold. Any person who occupies the property pursuant to a rental agreement entered into or renewed on or after October 1, 2007, may, after receiving the Notice of Sale, terminate the rental agreement upon 10 days’ written notice to the landlord. Upon termination of a rental agreement, the tenant is liable for rent due under the rental agree- ment prorated to the effective date of the termination. Any person who occu- pies the property pur- suant to a bona fide lease or tenancy may have additional rights pursuant to Title VII of 5.896- Protecting Ten- ants as Foreclosure Act which became effective May 20, 2009.


THIS the 6th day of October, 2010.


SUBSTITUTE TRUSTEE: RAINTREE REALTY AND CONSTRUCTION, INC. By: A. Robert York, Presi- dent P.O. Box 8942 Asheville, NC 28814 Phone: 828-777-5250 (WL744) 11/18 11/25


STATE OF NORTH CAROLINA


File No: 10 SP 39 NOTICE OF SALE


TAKE NOTICE THAT: Raintree Realty and Construction,


Substitute Trustee, has begun proceedings to FORECLOSE under the Deed of Trust described


Inc.,


COUNTY OF BUNCOMBE


below, and by under and by virtue of the power of sale contained in such Deed of Trust, and an Order entered by the Clerk of Supe- rior Court of the above County, will sell the below described prop- erty at public auction as follows: 1. The instrument pur- suant to which such sale will be held is that certain Deed of Trust executed by Commer- cial Marketplace, Inc., original mortgagors, and recorded in the Office of the Buncombe County Register of Deeds in Deed of Trust Book 3718, at Page 8. The record owner of such property, as reflected on the records of the Register of Deeds not more than ten (10) days prior to posting this Notice of Sale, if not the original mort- gagors, is: N/A. 2. The property will be sold by the Substitute Trustee at 10:00 a.m. on the 30th day of November, 2010 at the above named County Courthouse door in the City of Asheville, North Carolina. 3. The real property to be sold is generally known as .63 acres Broadway Street and 12 Hillside Street, Asheville, NC, and is described as follows: TRACT 1 9649 13 14 4723 BEING all of the lands described in and con- veyed by a certain deed from Flaville McNeil Gaddy and husband, Weldon E. Gaddy, to Clyde E. McNeil and wife, Hazel L. McNeil, which is recorded in Book 1112, Page 78, in the office of the Register of Deeds of Buncombe County, to which deed refer- ence is hereby made


for greater certainty of description. SUBJECT TO ease- ments, restrictions, and rights of way of record and utility lines in existence over and under subject property, and ad valorem taxes for the year 2004, and expressly subject to the right of way of Broad- way to its full legal width. TRACT 2


4519 BEING all of the lands described in and con- veyed by a certain deed from Velma T. Lyda, Widow of Wil- liam C. Lyda, to Clyde E. McNeil and wife, Hazel L. McNeil, which is recorded in Book 1252, Page 127, in the office of the Register of Deeds of Buncombe County, to which deed refer- ence is hereby made for greater certainty of description. SUBJECT TO ease- ments, restrictions, and rights of way of record and utility lines in existence over and under subject property, and ad valorem taxes for the year 2004, and expressly subject to the right of way of Broad- way to its full legal width. TRACT 3 BEING all of that property described in a Deed from L. J. Hensley and wife, Betty Sue Hensley to Dean Pistor recorded in Book 2080, Page 646, Bun- combe County Registry, reference to which is hereby made for a more particular description. Parcel Number 9649 13-14-4685 Any property described in the Deed of Trust which is not being offered for sale is described as follows: N/A. 4. Any buildings located on the above-described


9649 13 14


property are also included in the sale. 5. The property will be sold by the Substitute Trustee to the highest bidder for CASH. The highest bidder will be required to deposit IN CASH with the Substi- tute Trustee at the date and time of the sale the greater of five percent (5.0%) of the amount of the bid or Seven Hun- dred Fifty and no/100 Dollars ($750.00). 6. All bidders bid for the property AS IS on the date of sale. Absolutely no warranties are made as to the condition, value or title of the prop- erty. While the Substi- tute Trustee believes the title to be good, all bidders are advised that they should obtain independent counsel to examine record title as the property is sold subject to prior record interests.


holder has reserved the right to withdraw the sale up to and until the Deed is delivered by the Substitute Trustee. 7. The property will be sold subject to all unpaid taxes and spe- cial assessments. 8. The property being sold is all of that prop- erty described in the Deed of Trust except as specifically set forth above. It is the intention to extinguish any and all rights or interests in the property subordinate to the Deed of Trust. 9. Additional Notice Where the Real Property is Residential with Less Than 15 Rental Units: An order for possession of the property may be issued pursuant to G.S. 45-21.29 in favor of the purchaser and against the party or parties in possession by the Clerk of Superior Court of the County in which the property is sold. Any


The Note-


person who occupies the property pursuant to a rental agreement entered into or renewed on or after October 1, 2007, may, after receiving the Notice of Sale, terminate the rental agreement upon 10 days’ written notice to the landlord. Upon termination of a rental agreement, the tenant is liable for rent due under the rental agree- ment prorated to the effective date of the termination. Any person who occu- pies the property pur- suant to a bona fide lease or tenancy may have additional rights pursuant to Title VII of 5.896- Protecting Ten- ants as Foreclosure Act which became effective May 20, 2009.


THIS the 6th day of October, 2010.


SUBSTITUTE TRUSTEE: RAINTREE REALTY AND CONSTRUCTION, INC. By: A. Robert York, Presi- dent P.O. Box 8942 Asheville, NC 28814 Phone: 828-777-5250 (WL745) 11/18 11/25


STATE OF NORTH CAROLINA


File No: 10 SP 1389 NOTICE OF SALE


TAKE NOTICE THAT: Raintree Realty and Construction,


Substitute Trustee, has begun proceedings to FORECLOSE under the Deed of Trust described below, and by under and by virtue of the power of sale contained in such Deed of Trust, and an Order entered by the Clerk of Supe- rior Court of the above County, will sell the below described prop-


Inc.,


COUNTY OF BUNCOMBE


erty at public auction as follows: 1. The instrument pur- suant to which such sale will be held is that certain Deed of Trust executed by William A. Sluder, a legally separated person living under a separation agreement dated June 5, 2008, original mort- gagor, and recorded in the Office of the Bun- combe County Register of Deeds in Deed of Trust Book 4586, at Page 697. The record owner of such prop- erty, as reflected on the records of the Register of Deeds not more than ten (10) days prior to posting this Notice of Sale, if not the original mortgagors, is: N/A 2. The property will be sold by the Substi- tute Trustee at 10:30 a.m. on the 30th day of November, 2010 at the Buncombe County Courthouse door in the City of Asheville, North Carolina. 3. The real property to be sold is generally described as 15 Young Drive, Candler, NC 28715 and described as follows: Being all of that prop- erty described in that certain Deed of Trust recorded in Book 4586, at Page 697 of the Buncombe County, North Carolina Registry and said description is incorporated herein by reference. Lying and being in Upper Hominy Township, Bun- combe County, North Carolina and described as follows: BEING all of Lots 157, 158, 159 and 160 of a plat known as “Morgan Heights Sub- division” said plat being recorded in the Bun- combe County Registry of Deeds in Plat Book 32, Page2 reference is


hereby made for a more particular description. AND BEING the same property as described in Deed Book 4068 at Page 577, Buncombe County Registry. Any property described in the Deed of Trust which is not being offered for sale is described as follows: Subject to any and all Release Deeds of Record in the Bun- combe County, North Carolina Registry. 4. Any buildings located on the above-described property are also included in the sale. 5. The property will be sold by the Substitute Trustee to the highest bidder for CASH. The highest bidder will be required to deposit IN CASH with the Substi- tute Trustee at the date and time of the sale the greater of five percent (5.0%) of the amount of the bid or Seven Hun- dred Fifty and no/100 Dollars ($750.00). 6. All bidders bid for the property AS IS on the date of sale. Absolutely no warranties are made as to the condition, value or title of the prop- erty. While the Substi- tute Trustee believes the title to be good, all bidders are advised that they should obtain independent counsel to examine record title as the property is sold subject to prior record interests.


holder has reserved the right to withdraw the sale up to and until the Deed is delivered by the Substitute Trustee. 7. The property will be sold subject to all unpaid taxes and spe- cial assessments. 8. The property being sold is all of that prop- erty described in the Deed of Trust except as specifically set forth


The Note-


above. It is the intention to extinguish any and all rights or interests in the property subordinate to the Deed of Trust. 9. Additional Notice Where the Real Property is Residential with Less Than 15 Rental Units: An order for possession of the property may be issued pursuant to G.S. 45-21.29 in favor of the purchaser and against the party or parties in possession by the Clerk of Superior Court of the County in which the property is sold. Any person who occupies the property pursuant to a rental agreement entered into or renewed on or after October 1, 2007, may, after receiving the Notice of Sale, terminate the rental agreement upon 10 days’ written notice to the landlord. Upon termination of a rental agreement, the tenant is liable for rent due under the rental agree- ment prorated to the effective date of the termination. Any person who occu- pies the property pur- suant to a bona fide lease or tenancy may have additional rights pursuant to Title VII of 5.896- Protecting Ten- ants at Foreclosure Act which became effective May 20, 2009.


THIS the 28th day of October, 2010.


SUBSTITUTE TRUSTEE: RAINTREE REALTY AND CONSTRUCTION, INC. By: A. Robert York, Presi- dent P.O. Box 8942 Asheville, NC 28814 Phone: 828-777-5250 (WL746) 11/18 11/25


Continued from page 22Obituaries


don Austin Robinson; great-granddaughter, Madelyn Grace Robin- son; and sister, Shirley B. Sluder of Leicester. A private service will


be at Grace United Methodist Church with burial in the church cemetery. Groce Funeral Home


on Patton Avenue is as- sisting the family. The online register is


available at grocefuner- alhome.com.


Nancy Blanks-Bisson Leicester - Sadly,


Nancy Blanks-Bisson died Saturday, Oct. 30, 2010. Born June 26, 1931, Nancy started life in humble circumstanc- es, dropping out of high school to get married at the age of 17. Nancy did not see impediments, but opportunities. During her wonderful


life, she provided home and stability to hundreds of foster children and participated in complex


international develop- ments. Nancy was the first woman Director of the Peace Corps in Mi- cronesia and Fiji during the 1970s. For seven years, she was the Save the Children Director for the eastern US, based in Asheville. Nancy loved life, all


children, her grand- son Joe, her home, her garden, and her work throughout her life. Nancy had a big heart and loved to help peo- ple. And, she loved her four children. A celebration of


Nancy’s life will be held on Dec. 4, 2010, at her home. In lieu of flowers, donations in her name should be made to Save the Children. For direc- tions and questions for the celebration of her life, please call her home at 683-9466 and leave a message. We will return your call. The online register is


available at grocefuner- alhome.com.


November 18 - November 24, 2010 - THE TRIBUNE/LEADER 25


Page 1  |  Page 2  |  Page 3  |  Page 4  |  Page 5  |  Page 6  |  Page 7  |  Page 8  |  Page 9  |  Page 10  |  Page 11  |  Page 12  |  Page 13  |  Page 14  |  Page 15  |  Page 16  |  Page 17  |  Page 18  |  Page 19  |  Page 20  |  Page 21  |  Page 22  |  Page 23  |  Page 24  |  Page 25  |  Page 26  |  Page 27  |  Page 28