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PAGE 14A PICKENS COUNTY PROGRESS THURSDAY. APRIL 15. 2004
At meeting on April 27
Historical Society program to feature Federal Road
The Tuesday, April 27th, meet
ing of the Marble Valley Historical
Society will feature Douglas Mabry.
He will talk about "THE GEORGIA
FEDERAL ROAD, PAST, PRE
SENT AND FUTURE, THE RE
OPENING OF THE FEDERAL
ROAD.”
Mabry has a B.S. in Education
from Mercer University and a dou
ble-major degree in Anthropology
and History from the State Univer
sity of West Georgia. He is Chair
man of the Georgia Research Com
mittee, the National Trail of Tears;
researcher for the Cherokee and
Creek Nations in Oklahoma, serves
on the board of directors of the Car-
roll County and Villa Rica historical
societies and the New Bowdon City
Park. Mabry also serves on the
executive board of the Friends of
McIntosh and is vice president of
the Stockmar Gold Mine.
This meeting will begin at 7:00
P.M. at the Pickens County Library
in Jasper. The meeting is free and
open to the public. Don't miss what
promises to be an entertaining and
informative program!
Money Matters
Understanding Your Risk Tolerance
Can Make You a Better Investor
Douglas Mabry (left) and Chadwick “Corntassel” Smith, Princi
pal Chief of the Cherokee Nation, Table quail, Oklahoma.
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Marble Hill Eastern Star #448
BREAKFAST
Saturday, April 17, 2004
6:30 AM - 11:00 AM
Marble Hill Lodge
Submitted by Louise Nelson, CFP
Nelson Planning Group, Inc.
Everything in life comes
with a certain amount of risk,
and investing is no excep
tion. Taking the time to
develop a clear understand
ing of the level risk you’re
comfortable in assuming can
go a long way in preventing
sleepless nights and uncer
tainty during volatile markets.
First priority - feel comfortable
with your investments
Selecting the right investments
should be done with care and
understanding. To make smart
choices, be sure to ask questions
about the mutual funds available in
your plan.
Your retirement funds should be
viewed as long-term investments,
and capital growth is an important
ingredient for long-term investment
success. However, one year’s out
standing results for a particular
mutual fund may not be repeated
the next year. So you’ll need to
make your selections with a view to
consistent long-term performance.
For each mutual fund you’re
considering, read the prospectus
carefully. While many prospectuses
can appear forbidding, they contain
a wealth of information about one-,
three-, five- and ten-year perform
ance. Make sure the portfolio man
agers who achieved good past per
formance are still there.
There’s a time and place to
invest at each level of risk
Investment risk should be estab
lished based on the amount of time
you have before you plan to retire.
As a rule of thumb, the percentage
of non-stock investments in your
portfolio should be about the same
as your age. For example, if you’re
in your 20s, a portfolio with about
80 percent equities and 20 percent
cash and bonds is likely to provide
the right combination of growth and
safety.
As you get older, you need to
have less of your money in stocks.
In your 50s, for example, you may
want to raise your non-stock pro
portion to 50 percent. However,
over time stocks do outperform
bonds, so some of your money
should always be in stocks to pro
vide the potential for capital growth
and protect your portfolio from ero
sion by inflation.
Diversify among risk categories
Since most 401(k) retirement
plans offer a variety of mutual-fund
choices (each of which is itself
diversified over a broad range of
securities) offering different invest
ment objectives and styles, you can
adjust your portfolio by investing
portions of your retirement dollars
in various funds. Using several dif
ferent types of funds adds an extra
dimension of safety to the diversifi
cation of the funds themselves. For
example, if you’re just starting out
in your career, you might invest 60
percent of your assets in an aggres
sive growth fund, 20 percent in a
balanced fund (one that invests in
both stocks and bonds), 10 percent
in a global fund and 10 percent in a
bond fund.
Review your portfolio and risk
tolerance every year or so
As your circumstances
change, your goals will
change too. And even if your
goals remain the same from
one year to the next, you’ll
need to make sure your port
folio is moving in the right
direction.
Much can be learned from read
ing the annual and semi-annual
reports of the mutual funds you’ve
chosen for your plan. These reports
typically show the specific compa
nies, by industry group, in which
the mutual fund is invested —as
well as performance figures and
information about the fund man
agers’ strategy for the future. Main
tain files of your quarterly retire
ment-plan statements. This will
help you see how your account is
performing over time and make
adjustments as needed.
If you like, you can also track
daily results by checking the net
asset value (NAV) of each of your
mutual funds in your local newspa
per or financial periodicals like The
Wall Street Journal.
Remember the key things to
consider in order to effectively
manage your investment risk:
• Ask questions about the mutual
funds available to you.
• Read the prospectuses and
company reports.
• Establish a balance between
stocks and other investments that
gives you a good blend of growth
potential and safety.
• Adjust your balance among
investments as you get closer to
retirement.
• Don’t expect last year’s per
formance by any fund to be
matched next year.
• Check your mutual funds each
year to make sure they’re moving
toward your goals.
• Take an active interest in man
aging your retirement plan. It’s your
money!
If you have questions or com
ments about the information in this
article, please send them to Finan
cial Matters, c/o Nelson Planning
Group, 105 N. Main St., Ste. 2,
Jasper, Ga., 30143 or email nelson-
plangr@ ellijay.com.
Securities offered through Coor
dinated Capital Securities, Inc.,
member NASD/SIPC. Coordinated
Capital Securities and Nelson Plan
ning Group are not affiliated. This
column is produced by the Finan
cial Planning Association, the
membership organization for the
financial planning community, and
is provided by Louise Nelson, a
local member of the FPA.
Correction
In the article “Simple Retirement
Plan for Small Businesses, ” the
maximum employee contribution is
$9,000 plus there is a catch up pro
vision for plan participants 50 and
over of $1,500 (not $6,000 as writ
ten).
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N0RTHSIDE CHURCH OF CHRIST
464 N. Main St. • Jasper, GA
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APRIL 23, 24, 25
Geoffrey Rowe
will be presenting:
Compelling Evidence for
Creation and the Flood
See evidences from the Grand Canyon, Niagara Falls, River Deltas, Dinosaur
bones, fossils, and NASA data that confirm what the Bible Says. Romans 1:20 says
the evidence is so obvious that man is without excuse. Have you seen the evidence?
Come join us. Ark exhibit, literature, articles, brochures, flyers, and more are all
free.
QUESTIONS WILL BE ANSWERED!
• How could Noah fit all those animals
on the ark, especially dinosaurs?
• How did Mt. Everest get covered in
water?
• Did dinosaurs go extinct 65 million
years ago?
• How old is the earth?
What is the origin of races?
Where did Cain get his wife?
Where did all the water go?
Who did better science, creationists
or evolutionists?
What about dinosaurs?
And MANY MORE questions will
be answered
April 23 Friday
7:00 PM What About Dinosaurs, Noah’s Ark, and the Flood?
(open for questions at end)
April 24 Saturday 5:30 PM
7:00 PM
What About Dinosaurs, Noah’s Ark, and the Flood?
(Repeat for those who missed Friday night,
or want to bring visitors.)
How Old Is The Earth? Where Did Cain Get His Wife?
Followed By Brain Washing
(Questions and answers at end.
April 25 Sunday 10:00 AM Why Are We Losing Our Children? Cave Men and
the Fossil Record.
11:00 AM Do Bible Believers Do Better Science? How
Did The Bible Know , Before Science Discovered ?
6:30 PM What About The BIG BANG? Mixing Lies With Truth.