The Savannah tribune. (Savannah, Ga.) 1973-current, February 17, 2010, Image 2

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The Savannah tribune., February 17, 2010, Image 2

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Newspaper Page Text2 - The Savannah Tribune • Wednesday, February 17, 2010 SOCIAL AND COMMUNITY NEWS Coping with Stock Market Uncertainties Submitted By: Robert D. Davis III Financial Advisor Morgan Stanley Smith Barney (912) 353-5216 Global events can certain ly affect the U.S. stock market. Throughout its history, howev er, the U.S. stock market has proved to be quite resilient over the long term—bouncing back time and time again from the impact of world crises. Examining how some past global problems have affected the U.S. stock market may help you better grapple with the eco nomic and investment uncer tainties of crisis events. Action and Reaction It may reassure you to know that the stock market has historically rewarded those who stayed the course during tumultuous times, although past performance cannot guar antee future results. For instance, on the first trading day after the Cuban Missile Crisis (October 23, 1962), the S&P 500 fell 3.78%. Yet only six months later, it had surged 24.66%. More recently, over the one-month period after Iraq invaded Kuwait—a move that eventually led to the first Gulf War—the S&P 500 declined 9.12%. One year later, the index had jumped 10.16%.*1 Sometimes the market’s rebound has been slower in coming. For instance, after the bombing of Pearl Harbor, the S&P 500 expe rienced an initial drop, rose slight ly after one month and then found itself lower six months after the attack. But by V-J Day, less than four years later in August 1945, the S&P 500 had rebounded 57%.* 1 Moving Forward Of course, economic devel opments take time to play out, and markets often remain highly volatile in the immediate wake of a world crisis. Aside from keep ing history in mind, how might you cope in our ever-changing world? Consider these sugges tions: • Focus on your long-term financial plan rather than short term market dips. • Be realistic, but not fatalis tic, about current market condi tions and returns. Investors pre pared for occasional declines will be less likely to fall prey to panic selling. • Keep your portfolio well diversified to help cushion volatility. • Get to know your finances better and review how different accounts—such as IRAs and employer-sponsored retirement plans—are invested. • Review your portfolio and make sure that your risk tolerance meshes with your financial goals and time hori zon. Remember that while our nation has faced crises before, the economy and the stock market have recovered, in time, stronger than before. For more information, please contact Robert D. Davis ,111 Morgan Stanley Smith Barney at (912)353-5216. *1-Source: Standard & Poor’s. This article is provided by Standard & Poor’s. Past per formance is not indicative or a guarantee of future results. This article is published for general information purposes only and is not an offer or solicitation to sell or buy any securities or commodities.Investments and services offered through Morgan Stanley Smith Barney LLC, member SIPC. © 2009 Morgan Stanley Smith Barney To Ensure Triumph, It Takes Us All! ddiaon nftNQUfcf BOOM 'Ml'2 to tod J invd/raj, SA J 916 Porter Street Carver Heights 3 Bedrooms, 2 Baths Newly Renovated mm Eleven Black Men of Liberty County to hold Annual Scholarship Banquet Mayor Otis The Eleven Black Men of Liberty County, Inc. will hold its “Sixteenth Annual Scholarship Banquet” at Club Stewart, Fort Stewart, Georgia, on March 13, 2010. There will be a reception from 6:15 to 6:45 PM, fol- S. Johnson lowed by the banquet dinner at 7:00 PM. Dr. Otis S. Johnson, Mayor of Savannah, Georgia is this year's banquet speaker. Johnson, the 64th Mayor of Savannah, and only the second African American, is a Savannah native who graduated from A.E. Beach High School, Armstrong Junior College (now Armstrong Atlantic State University), the first African American to graduate from that school and the University of Georgia. He earned a master's degree in social work from Clark Atlanta University and received his Ph.D. from the Heller School of Social Policy and Management at Brandeis University. Tickets are $35 each and may be purchased by contacting Dr. Robert Simmons, 912-368-3333, Robert Blue, 912-368-7675, or any of the Eleven Black Men of Liberty County direc tors. For more information about the banquet or the Eleven Black Men of Liberty County scholarship, call Andrew Williams, 912-977- 3293. Savannah State’s Players by the Sea to perform “For Colored Girls” Savannah State University Players by the Sea Theatre Group will perform Ntozake Shange’s “For Colored Girls Who Have Considered Suicide When the Rainbow is Enuf’ February 17-19, 2010. The play, which is presented in conjunction with the Savannah Black Heritage Festival, will be held in the Kennedy Theatre at 8 p.m. “For Colored Girls” is a choreopoem that includes a compilation of dramatic and comedic monologues that cel ebrate the African American sisterhood and the embracing of one’s soul. The play is directed by Teresa-Michelle Walker and choreographed by LaJune Wise-Wilkerson, both instruc tors in the Fine Arts Department. The February 17 per formance is free admission as part of the 21st Annual Savannah Black Heritage Festival, which is presented by the City of Savannah and Savannah State. Tickets for the remain ing performances are $10 gen eral admission and $5 for stu dents/faculty. For ticket infor mation or to reserve tickets, call 912-303-1638. Tickets will also be available at the door beginning at 7:30 p.m. amwGAVt am money ? BUY YOUR PORK FROMM! am to MAKE some money ? BRING US YOUR CLUNKER! SOU Staley Ave Savannah, GA |912| 3534725 www.iluvutcd.com iHupp A. flours tk Cimpbdl n Nl PA I Si. RY ICES ' Sit'll < !;' H *1 fill | : ; till I Sen'- I T.n. ill', t bvnci! iind 1 :mul( l ServiTir Vu iiTirtiih and rlu- mmi . mu-imi m David f Campbell Si Lkqolhy JI. Campbell. Hand Campbell Jr., LcJoy Unbwn-Camfitiell President & Owner VT A Co-owner Office Manager Assisliint Adminisralw H as been serving the Coastal Empire for 73 years. Sidney A. Joins & Campbell I u men I Services 1 i4 West Park Avenue Savannah, GA, 414, u Phiirtc: (yii) 72,26 Fax. (912) it* 460G Email iCdfleyjonesfuneK^bdlsouib.net