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April 2016 Final Web

April 2016

All of our clients get

All of our clients get their own QR code for free when purchasing an ad. Give Your Investment Portfolio a “Spring Cleaning” Submitted by Chuck O’Keefe Now that spring has officially sprung, you might look around your home and decide it’s time for some sprucing up. But you don’t have to confine your efforts to your house and yard – you can also engage in a little “spring cleaning” in your investment portfolio. Here are a few suggestions for doing just that: “Dust off” your investment strategy. If you’ve left your investment strategy unexamined for a long period, it too may need to be “dusted off” and re-evaluated. Over time, your financial goals, family situation and even risk tolerance can change, so it’s a good idea to review your overall strategy to make sure it’s still appropriate for your needs. Get rid of “clutter.” You may find that you have many versions of the same type of investment in your portfolio. If you own too many of the same investment, and a market downturn affects that particular asset, your portfolio could take a big hit. You may be better off by selling some of the too-similar investments and using the proceeds to diversify your holdings. (However, while diversification can reduce the impact of volatility on your portfolio, it can’t guarantee profits or protect against loss.) Remove “stains” on your portfolio. When you look through your portfolio, you might find some “stains” in the form of chronically underperforming investments. Instead of holding on to these vehicles with the hope that they will eventually turn around, you might consider selling them and using the proceeds to purchase new investments, which can help fill any gaps you may have in your holdings. Consolidate your accounts. Have you ever discovered a stapler in one drawer, a roll of tape in the linen closet and a bunch of marking pens on your desk? All these items may be useful, but for the sake of efficiency (and to cut down on frustrating searches), you might want to consolidate them in one place. And you could do something similar with your investments. Specifically, if you have some stocks here, a couple of certificates of deposits there, and some IRAs at still another place, you might consider consolidating them with one financial services provider. With all your investments in one place, you could possibly reduce the fees and paperwork associated with maintaining your accounts. And when you eventually start taking withdrawals from your IRA and 401(k), you may find it easier to calculate these required distributions if they’re coming from just one place. But just as importantly, when you consolidate your investments with one provider, you may find it easier to follow a single, unified investment strategy. So, there you have them – some spring-cleaning ideas to help you update and energize your investment portfolio. And you won’t even need a dustpan. 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 www.edwardjones.com 28 Albemarle Tradewinds April 2016 albemarletradewinds.com

A Child’s Life By Charlotte Patterson, Education Curator The Museum of the Albemarle has a series of Traveling History Trunks are available to educators in the Albemarle region. Trunks topics include Algonquians, Colonial Life, from Farm to Factory, Archaeology 101, and many more. The newest trunk focuses on “A Child’s Life”. This trunk contains photos, stories, and reproduction items to help the students learn how children lived, played and learned as compared to 21st century children. Although children of earlier times needed much of the same things to live as children do today, their lives and role in society was very different. In past times, it was not as important for children to play, have fun and learn as it was for them to work and contribute to the livelihood of the family. Life for a child in a rural area was quite a contrast for a child in the city. A child’s home on the farms may have been constructed by hand with local materials. Families would have to clear enough land by chopping trees to build a small house for shelter. A child’s home in the city may have been built by a local builder who would purchase lumber from one of many lumberyards in the region. Chores were a major part of a child’s life. Boys and girls shared many chores like feeding the animals, collecting eggs, and bringing in kindling and firewood. Girls were taught by their mothers to cook, clean, sew, care for babies, and tend the garden. Boys helped their fathers tend to the farm, plow the fields, plant crops, tame horses, and hunt. For more information about this and other programs, please contact the museum’s education department. Trunks are available for loan at no charge. Are Drugs & Alcohol Phone: 252-338-8476 www.SafeTWorksInc.com All of our clients get their own QR code for free when purchasing an ad. The Lord Is One By : Ron Ben-Dov The Lord, My God He is everlasting Eternity is His Long ago He paid for our salvation Our Lord sacrificed all Rose again Days later In His sacrifice Salvation is mine Our Lord gives His love Never-ending love Eternally 53rjbd@gmail.com 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 Amazon.com facebook.com/AlbemarleTradingPost Albemarle Tradewinds April 2016 29