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Albemarle Tradewinds July 2016 Web Final Optimized

July 2016

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All of our clients get their own QR code for free when purchasing an ad. Five Reasons Not to Be a “Do-It-Yourself ” Investor Submitted by Chuck O’Keefe These days, you can go online and invest, for modest fees. You can also visit various websites for research and watch numerous cable shows for investment recommendations. So, why shouldn’t you be a “do-it-yourself” investor rather than work with a financial professional? Actually, there are at least five good reasons why a financial advisor can help make you a better investor. A financial advisor can: --Ask the right questions — If you try to invest on your own, you may find yourself asking the wrong questions, such as: “What’s the ‘hottest’ investment out there?” A financial professional can help frame better questions, such as: “Given my individual risk tolerance and long-term goals, which investments should I consider to help me build a balanced portfolio?” In other words, a financial professional can help you ask the questions that can lead to better results. --Look at your situation objectively — No matter how hard you try, you won’t be able to take all the emotion out of your investment choices. After all, your investment success will play a large role in some key areas of your life, such as your ability to enjoy a comfortable retirement. Consequently, if you think you’re not making the progress you should with your investments, you may be tempted to make a hasty decision to give your portfolio a “jolt.” Frequently, though, such choices can backfire. When it comes to investing, it’s better to invest with your head, not your heart. A financial advisor can analyze your situation, assess your risk tolerance and make appropriate recommendations. --Show a deeper understanding of investment research — You can look up many types of financial data on your own. But do you know how to put all these pieces together into a cohesive picture? A financial professional, with years of experience and training, is generally more capable of finding the research sources and making the most sense out of the results. --Put experience to work in making portfolio recommendations. Even if you’ve been investing for many years, you might be surprised at all the underlying influences that should go into making investment decisions. But a financial professional understands market patterns, the nature of diversification and other factors necessary in helping you make the right choices for your situation. --Spend time looking for opportunities — Even if you enjoy the process of investing, the chances are quite good that you can’t spend as much time on it as a financial professional. That means, among other things, you aren’t constantly on the lookout for new investment opportunities. Nor are you always looking within your own portfolio for opportunities to rebalance or make other adjustments that can help you move forward toward your goals. But when you work closely with a financial advisor, he or she is exploring the financial markets for new investment prospects while regularly reviewing your portfolio for possibilities of upgrading quality, increasing diversification or making adjustments in response to changes in your life. Chuck O’Keefe is a Financial Advisor with Edward Jones in Elizabeth City. Edward Jones 207 N Water St Elizabeth City, NC 27909-4417 (252) 335-0352 The “do-it-yourself” route may be fine for home repairs. But when it comes to managing your investment situation, there are benefits to working with a professional. 28 Albemarle Tradewinds July 2016

Museum Anniversary By: Wanda Lassiter, Curator, Museum of the Albemarle Moa 1970 Childrens Hour with Nancy Bailey 1976 Gwendolyn Madrin 1970s “We will begin our new year free of debt and a little money in the bank. There are very few organizations that can make this claim.” These two sentences were the first to be read in the January 1970 issue of the Museum of the Albemarle Newsletter. The Museum of the Albemarle (MOA) will celebrate its 50th anniversary in May 2017. In last month’s issue we discussed the life at the museum in the 1960s. This issue of Albemarle Tradewinds will focus on the 1970s. During this decade the museum acquired dolls, a Victrola, tin cake pans, plows, a tandem bike, left-handed golf clubs, and books including a circa 1874 Book of Psalms. Donors such as Ruth Ann Burgess of Shiloh, Mrs. Charles Skinner Sr. of Hertford, and J. Howard Stevens of Elizabeth City greatly added to the museum’s collection. Exhibits in this era included A Whole New World (1970); Eastern North Carolina in Color (1973); Old Country Store (1976); Rural Life in Early North Carolina, 1820-1860 (1977); The Carolina Etchings by Louis Orr (1978); and The Black Presence in North Carolina (1979). Gwendolyn Madrin, Dr. J. Edwin Hendricks (visiting director), Nancy Bailey and Gwendolyn Madrin (interim) served as directors of the museum during the era where membership rose. Programs such as Children’s Hour, workshops including one focusing on preservation, and events including Art Shows were well received. The price of membership was $10.00 for individuals and $25.00 for a family. On May 4, 1978, Governor Jim Hunt made a special visit to MOA The charter meeting of the Guild of Museum Friends was held in July 1976. The Guild was formed as an adjunct to the museum with a mission to preserve and promote history and the cultural arts, and more directly, MOA. Throughout the years, the Guild raised funds for office carpeting, children’s programming, and later funding for the restoration of the Jackson-Jennings house, conservation of textiles, and a library software system. The first officers of the Guild of Museum Friends included Tula Hemphill, corresponding secretary; Gwendolyn Madrin, second vice president; Alice Johnson, recording secretary; Geri Weeks, first vice president; Roxanne Jackson, treasurer; and Treva Pendleton, president. The Guild disbanded in 2015. The most exciting event of the 1970s occurred when a bill was passed in May 1979 to have MOA become the first regional museum of the North Carolina Museum of History. Every artifact was grandfathered into the North Carolina Museum System and each employee was then paid by the state. Pick up next month’s issue of the Albemarle Tradewinds to learn about the museum during the 1980s. This month’s message is at the bottom of page 38 Exercise Your Faith By : Ron Ben-Dov Faith is like a muscle; If you don’t exercise it, It will wither and atrophy; Exercise your faith like a bicep; Curl your faith regularly; Watch it grow in strength; Til your faith is astronomical; And God rains His blessings on you, Like rain on Noah and the Ark; Flooding your life with His blessings; And always keeping you afloat. Born in Telaviv, Israel Lived in NY from ages five until eighteen, becoming a U.S. citizen at eleven. A US Navy veteran, merchant seaman, graduate of ECSU with a BS in Accounting. Was a Motor Fuels Tax Auditor for NC, and currently employed as an IT Security Control Specialist for a local EC NC bank. In 2008 a life changing event occurred and the flow of faith based poetry has run ever since. More of my poetry can be found at: Ron Ben-Dov at Albemarle Tradewinds July 2016 29