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8 MountainHouseMatters.com<br />
Issue #115 • October 2023<br />
Should investors ‘go it alone’?<br />
Submitted by Tom Kelly, Edward Jones<br />
If you’re going to enjoy a comfortable retirement,<br />
you should know, among other things,<br />
how much money you’ll need. And you may<br />
have a much better chance of knowing this if<br />
you get some professional help.<br />
Consider these findings from a 2021 study by<br />
Dalbar, a financial services market research<br />
firm:<br />
• Investors who worked with a financial advisor<br />
were three times more likely to estimate<br />
what they would have saved at retirement<br />
than “do-it-yourself” investors.<br />
• More than two-thirds of investors with a financial<br />
advisor were satisfied with the amount<br />
they would have saved at retirement, compared<br />
to about 27% of the do-it-yourselfers.<br />
How do financial professionals help their<br />
clients in these ways?<br />
First, consider the issue of determining how<br />
much money will be needed for retirement.<br />
It’s not always easy for individuals to estimate<br />
this amount. But financial professionals can<br />
help clients like you arrive at this figure by<br />
exploring your hopes and goals. How long<br />
do you plan to work? What kind of lifestyle<br />
do you anticipate enjoying in retirement?<br />
Where would you like to live? How much<br />
would you like to travel? Are you open to<br />
pursuing earned income opportunities, such<br />
as consulting or working part time?<br />
Next comes the other key question: How<br />
much money will be available for retirement?<br />
This big question leads to many others: How<br />
much do you need to save and invest each<br />
year until you retire? About what sort of investment<br />
return will you need to reach your<br />
retirement income goals? What level of risk<br />
are you willing to take to achieve that return?<br />
What is the role of other income sources such<br />
as Social Security or any pensions you might<br />
have?<br />
Having a financial professional help you gain<br />
a clear idea of your retirement income picture<br />
can certainly be reassuring. But there may<br />
be other reasons why “going it alone” as an<br />
investor might not be desirable.<br />
For example, when the financial markets are<br />
down, as was the case for much of 2022, some<br />
investors make decisions based on short-term<br />
volatility, such as selling investments to “cut<br />
their losses,” even if these same investments<br />
still have solid business fundamentals and<br />
good prospects for growth. But if you work<br />
with a financial professional, you might decide<br />
to stick with these investments, especially if<br />
they’re still appropriate for your long-term<br />
strategy. Other times, of course, the advice<br />
may be different — but it will always be advice<br />
based on your goals, needs and time horizon.<br />
Furthermore, if you’re investing on your own,<br />
you may always be measuring your results<br />
against the major market indexes, such as the<br />
S&P 500 or the Dow Jones Industrial Average.<br />
But in reality, your portfolio should contain<br />
a wide range of investments, some of which<br />
aren’t contained in these indexes, so you<br />
might not be assessing your performance<br />
appropriately. A financial professional can<br />
help you develop your own, more meaningful<br />
benchmarks that can show the progress you’re<br />
actually making toward your goals.<br />
In some areas of life, going it alone can be<br />
exciting — but when it comes to investing<br />
for your future, you may benefit from some<br />
company on the journey.<br />
Adam Montoya Announces Launch of Valley H2O Pool Services<br />
Young entrepreneur, Adam Montoya, is pleased to announce the<br />
launch of Valley H2O Pool Services. For a limited introductory<br />
period, Valley H2O is offering discounted pricing for Mountain<br />
House residents.<br />
“We specialize in our weekly pool service, and are adept at maintaining,<br />
repairing, and installing pool equipment,” Adam explains.<br />
“I strive to give the highest quality pool service you can find in Mountain House, Tracy, Lathrop and the<br />
surrounding areas!”<br />
Adam’s enthusiasm for making your pool the best it can be runs deep. “If you have a green pool, I can fix<br />
it and keep it perfectly clear all year round,” he says emphatically. “If you’re having equipment trouble<br />
and need a repair, give me a call and schedule an appointment. I look forward to maintaining your pool to<br />
the highest standard and earning your business in the near future,” he states.<br />
An Owner/operator, Adam is licensed and insured. Though he is young, he has already achieved a strong<br />
level of work experience, as well as pertinent college education.<br />
“I have worked in the Bay Area for several years as a pool technician and was taught by the best. I went<br />
to College for Science and Chemistry which taught me all about water chemistry,” he explains.<br />
“If you want a quality Pool service that won’t break the bank, I am actively building my clientele in the<br />
Mountain House Area.<br />
Outside of his dedicated work environment, Adam shares that he enjoys growing rare and exotic cacti and<br />
succulents. He loves fishing, traveling, and going out with family and friends. “I have 2 dogs at home<br />
and live in Tracy with my parents and younger brother.<br />
You may reached Adam Montoya, of Valley H2O Pool Services, at: 209-914-6807 or by email, at:<br />
cavalleyh2o@gmail.com<br />
MHCSD Swears-In Park & Rec Commission<br />
Resident commission to work with District to guide policy moving forward<br />
The Mountain House Community Services District<br />
Recreation Manager, Laura Johnston, did the official<br />
swearing in of the newly appointed Park & Recs Commissioners<br />
at the September 9, 2023 Board meeting.<br />
Board President Bernice Tingle, along with General<br />
Manager Steve Pinkerton, worked with Ms. Johnston<br />
to establish the commission, the members of which<br />
were approved on by the board as a whole at the<br />
August meeting.<br />
Included on the commission are: Ronna Green, Vishal<br />
Nayyar, Scott Pfister Maninder Singh and Raj Singh.<br />
Two alternates were also appointed: Sanjay Sharma<br />
and Umar Sear.<br />
Commissioners are appointed for a four year term,<br />
however, the first order of business for the new commission<br />
will be to decide which two members will<br />
need to run again in just two years, in order to establish<br />
a staggered process moving forward.<br />
The commissioners will conduct regular meetings<br />
with Ms. Johnston and make decisions to take to the<br />
board for programs and ideas to serve the greater<br />
community.<br />
This article was prepared by Edward Jones for use by your local Edward Jones<br />
Financial Advisor, Mr. Tom Kelly. Edward Jones, Member SIPC.<br />
With 30 years experience in the industry, and a Mountain House resident since 2018,<br />
Tom Kelly provides personalized investment services for the community at large.<br />
He may be reached at: 925-518-9382, or Tom.Kelly@edwardjones.com. More on<br />
the web at: www.edwardjones.com/TomKelly<br />
California Insurance License 0C24309<br />
Edward Jones is a licensed insurance producer in all states and Washington, D.C., through Edward<br />
D. Jones Co., L.P., and in California, New Mexico and Massachusetts through Edward Jones Insurance<br />
Agency of California, L.L.C.; Edward Jones Insurance Agency of New Mexico, L.L.C.; and Edward Jones<br />
Insurance Agency of Massachusetts, L.L.C.
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