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14 | January 25, 2018 | The winnetka Current sound off winnetkacurrent.com Mindful Money When it comes to investing, find balance Kathy Roeser Contributing Columnist The Winnetka Community House is currently offering free functional balance training workshops for those interested in improving their balance. Participants will learn how to find better body balance, which can be beneficial to improving everything from athleticism to posture and preventing injury. Balance is an equally important concept when it comes to financial management. Especially for investors, balance in both your investment strategy and mental approach is crucial to navigating the up and down nature of the markets. Whether you are new to investing or a seasoned veteran, here are two tips for finding balance: Diversify Diversification, which Calling all art, athletic, day and overnight camps! We need vendors for the 4th Annual CAMP EXPO! 2018 Sat., February 24, 2018 • 10am - 2pm Northbrook Court 1515 Lake Cook Road, Northbrook, IL For more information, call (708) 326-9170 ext. 16 or visit www.22ndcenturymedia.com/camp is essentially another term for balance, is a core component of any investment plan. Investors should ensure they are spread out over a number of asset classes and sectors. Focusing too heavily in only one or two areas may create vulnerability. For example, if a significant percentage of your investments are in one sector, a quarterly downturn for that sector could put you in a difficult situation. On the other hand, diversifying helps to Please see roeser, 15 VENDOR BOOTH DEADLINE: FEB. 7 NT accepts George Orwell Award on behalf of ’67 graduate SUBMITTED BY NEW TRIER HIGH SCHOOL When Dr. Richard Sobel learned he was receiving the prestigious George Orwell Award from the National Council of Teachers of English (NCTE), he immediately thought of the school that sparked his interest in political science — his alma mater, New Trier High School. Sobel, a political scientist who has served as a visiting scholar at the Buffett Center at Northwestern University, could not attend the NCTE Annual Convention late last year, so he reached out to New Trier to accept the award on his behalf. The 1967 New Trier alumnus, who is also a Wilmette resident and author, won the 2017 George brent From Page 10 Orwell Award for Distinguished Contribution to Honesty and Clarity in Public Language for his book, “Citizenship as Foundation of Rights: Meaning for America.” “My connection to this book goes through New Trier,” Sobel said, explaining how he was first introduced to the literature of political science in an elective course at the high school. “These were the fundamental questions that I was first introduced to at New Trier.” New Trier English faculty member Ariell Bachman read Sobel’s remarks at the convention, and the NCTE mailed him the award, which recognizes writers who have made outstanding contributions to the critical analysis of public discourse. hit it out of the park this time,” the girl told Brent. Club members come from every level of income and sophistication and every continent. Books have even been delivered by sled above the Arctic Circle to Yup’ik Eskimo children who had learned English in school. Increasing numbers of members are second generation, and some are not even born yet. On average, they tend to stay on for 10 years or more, often into their late teens. To help make getting a monthly book in the mail an exciting experience, each Stuart Brent Children’s Book Club selection arrives gift wrapped with the child’s name hand written in large letters on the outside. “This is done to reinforce the idea that books are special, something exciting to be looked forward to,” Brent said. In case anyone imagines Brent as a timid “Marion the Librarian” sort, that would be an emphatic “no.” Brent took up karate at age 48, has since been on the U.S. Karate team three times, and will be competing in her fourth world championships this June in Scotland. As well, among other pursuits, she has been thrown from a horse while fox hunting in Ireland, been chased by an angry monkey in Vietnam, commandeered a motorcycle in Cambodia, slept on reindeer furs while trekking in the mountains Sobel’s work includes policy analysis of privacy and confidentiality issues, particularly on political and constitutional questions about governmental databanks and identification schemes. His book serves as a social critique and impetus for social justice; its implications and relevance reach beyond our borders and address a global issue, the NCTE said. Sobel hopes current students will want to read his book, especially because it uses clear language, which Orwell himself often emphasized. “My book deals with a lot of fundamental political issues, the sort of things you learn about in ‘Intro to American History,’” Sobel said. “They seem really abstract, but have real political meaning.” of Norway and jumped off cliffs into the sea in Corsica. “I’m an experience hound,” she said. “If you want to experience life to the fullest, you have to take it by the throat and shake it.” Brent’s latest experience has been to jump into the snake pit that is television programming. “Amy’s Book Hunt” launched as a pilot episode on WTTW Channel 11 in January. During the 30-minute program, Brent visits people’s homes, a street market and used book stores, where she rummages through basements, attics, bins and bookshelves, all in search of first editions and rare books that in many cases are worth far more than their owner paid.
winnetkacurrent.com sound off the winnetka current | January 25, 2018 | 15 Social snapshot Top Web Stories From winnetkacurrent.com as of Jan. 22 From the Editor What I’ve learned this week 1. Glenview employees play for Northfield Township Food Pantry 2. Orthodontist office approved by Winnetka for Gage Street 3. Boys swimming: New Trier falls just short at Trevian Relays 4. Winnetka resident named senior partner at Chicago family law firm 5. Boys basketball: Trevs drop heartbreaker in overtime Become a Current Plus member: winnetkacurrent.com/plus Jacqueline Glosniak firstname.lastname@example.org Last week, when Winnetka resident Alison Joseph wrote me to share the story about her sons and their diagnoses of Duchenne muscular dystrophy, I knew the story needed to be featured. Don’t get me wrong: I wasn’t waiting on the edge of my seat all week waiting for a dramatic story to come in. Rather, when I hear a story about a local family that is working on turning a case of bad luck into a hopeful story — not just for themselves, but for strangers as well — I like to think that by sharing the story, The Winnetka Current is doing its part to help make these communities better. Through fundraising for this spring’s upcoming Shamrock Shuffle race in Chicago as well as taking the initiative to start their own foundation, the Small family is turning their children’s story and a negative health experience into a chance to spread positivity, raise money and campaign for overall awareness both at home and across the country for others in similar situations. After writing the story, I turned to one of my colleagues and said, “Gee, the North Shore is not immune to its share of stories on residents with negative health stories, is it?” It has seemed that in my time here, every month at least one of our papers is featuring stories about ill children, residents who have passed away prematurely from accidents, and other stories of heartbreak and hardship. But that’s just the community-news business. Like the rest of the world, the North Shore is not a bubble, and sadly, Winnetkans and Northfielders are not protected from statistics on everything from health scares to home burglaries and everything in between that plague people everywhere every day. What makes the North Shore unique, however, is how its residents work to see the glass half-full, turning their own stories into moments of hope and inspiration for others. And, that, I think, is a beautiful thing you don’t see everywhere. The Village of Northfield posted on Jan. 16: “Northfield was recently awarded a grant from the US Forest Service’s Urban and Community Forestry Program for a tree inventory that will provide comprehensive knowledge of Village-owned trees including GIS location, species, genera, size, and condition. This inventory will enable staff to effectively guide residents in identifying optimal planting spaces and improve species diversity by targeting areas in need of diverse plantings, allowing the Village to maintain and grow a healthy, stable, and productive urban forest.” Like The Winnetka Current: facebook.com/ winnetkacurrent “Using stress balls, coloring book sheets, markers, etc., NT Peer Helpers created Finals Survival Kits to send a positive message to themselves or their friend(s). Good luck on final exams, Trevs! #FinalsSurvival #PeerHelping #StressFree” @NewTrier203, New Trier High School posted on Jan. 18 Follow The Winnetka Current: @winnetkacurrent go figure 3,000 An intriguing number from this week’s edition The number of young children across the globe that Amy Brent, of Stuart Brent Children’s Book Club in Winnetka, sends three books a month to. Read the story on Page 10. roeser From Page 14 minimize risk by mitigating the impact negative performance in one area can have on your entire portfolio. With the U.S. market at an all-time high after nearly 10 years of growth, one should also consider diversifying their investments in other parts of the world. Keep in mind that past performance is not an indicator of future success. The best performing asset classes could be among the worst next session, and vice versa. A commitment to diversification and balance can help you avoid moving money in and out of the market based on past trends, future predictions and rhetoric. Keep your emotions in check As essential as it is to devise a detailed and meticulous strategy based on your desired level of risk and time horizon, a significant component of investing is mental. And the importance of finding emotional balance between too high and too low cannot be understated. Instant access to stock prices, statistics and news makes it difficult, but investors should avoid getting overexcited when the market is performing well, and on the flip side, panicking when short-term sentiment is negative. Such emotion often leads to knee-jerk reactions, which may result in a decision to follow what everyone else is doing instead of operating in a manner that is best for you. If you find yourself struggling to achieve emotional balance when investing, you may want to avoid regularly checking market news and individual stock performance. Instead, clear your mind by participating in one of the many stress-relieving programs our village has to offer. This can help keep your emotions tempered and prevent any impulsive decisions that could detract from your long-term investment goals. The concept of balance is important in just about everything we do, and applying a few basic lessons and principles from the Winnetka Community House workshop can assist you in managing your investment portfolio. Diversification does not guarantee a profit or protect against a loss. Kathy Roeser is a managing director and wealth advisor with the Wealth Management Division of Morgan Stanley in Chicago. The information contained in this column is not a solicitation to purchase or sell investments. Any information presented is general in nature and not intended to provide individually tailored investment advice. The Winnetka Current Sound Off Policy Editorials and columns are the opinions of the author. Pieces from 22nd Century Media are the thoughts of the company as a whole. The Winnetka Current encourages readers to write letters to Sound Off. All letters must be signed, and names and hometowns will be published. We also ask that writers include their address and phone number for verification, not publication. Letters should be limited to 400 words. The Winnetka Current reserves the right to edit letters. Letters become property of The Winnetka Current. Letters that are published do not reflect the thoughts and views of The Winnetka Current. Letters can be mailed to: The Winnetka Current, 60 Revere Drive Ste. 888, Northbrook, IL 60062. Email to jacqueline@ winnetkacurrent.com. visit us online at WINNETKACURRENT.com