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You’ll find some big differences between traditional and speculative investments — and knowing these differences can matter a great deal when you’re trying to reach your financial goals.
To begin with, let’s look at the basic types of traditional and speculative investments. Traditional investments are those with which you’re probably already familiar: stocks, bonds, mutual funds, government securities, certificates of deposit (CDs) and so on. Speculative investments include cryptocurrencies, foreign currencies and precious metals such as gold, silver and copper.
Now, consider these three components of investing and how they differ between traditional and speculative investments:
The first issue to consider is risk. When you own stocks or stock-based mutual funds, the value of your investments will fluctuate. And bond prices will also move up and down, largely in response to changing interest rates. However, owning an array of stocks — small-company,
large-company, international, etc. — can help reduce the impact of volatility on your stock portfolio. And owning a mix of short- and long-term bonds can help you defend yourself somewhat against interest-rate movements. When interest rates fall, you’ll still have your longer-term bonds, which generally — but not always – pay higher rates than short-term ones. And when interest rates rise, you can redeem your maturing short-term bonds at potentially higher rates.
With speculative investments, though, price movements can be extreme as well as rapid. During their short history, cryptocurrencies in particular have shown astonishingly fast moves up and down, resulting in huge gains followed by equally huge, or bigger, losses. The risk factor for crypto is exacerbated by its being largely unregulated, unlike with stocks and bonds, whose transactions are overseen by well-established regulatory agencies. There just isn’t much that investors can do to modulate the risk presented by crypto and some other speculative investments.
A second key difference between traditional and speculative investments is the time horizon involved. When you invest in stocks and other traditional investments, you ideally should be in it for the long term — it’s not a “get rich quick” strategy. But those who purchase speculative investments
want, and expect, quick and sizable returns, despite the considerable risk involved. A third difference between the two types of investments is the activity required by investors. When you’re a long-term investor in traditional investments, you may not have to do all that much, once you’ve built a
portfolio that’s appropriate for your risk tolerance, goals and time horizon.
After that point, it’s mostly just a matter of monitoring your portfolio and making occasional moves — you’re not constantly buying and selling, or at least you shouldn’t be. But when you speculate in crypto or other instruments, you are constantly watching prices move — and then making your own moves in response. It’s an activity that requires considerable attention and effort.
One final thought: Not all speculative instruments are necessarily bad investments. Precious metals, for instance, are found in some traditional mutual funds, sometimes in the form of shares of mining companies. And even crypto may become more of a stable vehicle once additional regulation comes into play. But if you’re investing for long-term goals, such as a comfortable retirement — rather than speculating for thrills and quick gains, which may disappear just as quickly — you may want to give careful thought to the types of investments you pursue.
Chad Choate III, AAMS
828 3rd Avenue West
Bradenton, FL 34205
TThis article was written by Edward Jones for use by your local Edward Jones Financial Advisor.
Safe Weight Loss Strategies for Older AdultsMaintaining a healthy weight is an important goal at any age. However, as we age, it can get trickier and more challenging to drop any excess weight we may be carrying. Especially those pesky holiday pounds. When it comes to losing weight, weight loss strategies for older adults should prioritize safety and long-term health rather than quick fixes.Although they are becoming increasingly popular, weight loss drugs arent always the most effective or safest method for weight loss. The same goes for the trendy fad diets you read about online. When it comes to losing weight, you need to look at it as a marathon, not a sprint.Adopting sustainable lifestyle changes is crucial for shedding excess pounds while safeguarding against potential health risks. Whether youre looking to slim down or just maintain a healthy weight, here are some healthy and safe weight loss strategies for older adults that will help you along your journey to Better HealthPlace Focus on Balanced NutritionA well-balanced diet is the foundation for healthy weight loss. Focus on nutrient-dense foods, including fruits, vegetables, whole grains, lean proteins, and healthy fats. Limiting processed foods, sugary snacks, and excessive salt intake is crucial for maintaining optimal health. Set a goal to eat a piece of fruit or a vegetable at every meal and for every snack. Incorporate avocados into your diet to increase your healthy fats. Instead of white pasta or rice, swap it out for brown or whole wheat. Making little adjustments to your diet can produce big rewards for weight loss.Practice Portion ControlControlling portion sizes is vital for managing caloric intake. Losing weight is all about burning more calories than you eat or drink. And if you focus on consuming fewer calories through portion control, that will make it easier to do so. Older adults may find it helpful to use smaller plates, which can create the illusion of a fuller plate and contribute to reduced portion sizes. Additionally, paying attention to hunger and fullness cues can prevent overeating. Youve heard the saying, Eating with your eyes. Well, you want to do the exact opposite and eat with your stomach. Dont rely on visual cues like a clean plate to stop eating. Listen to your stomach and stop when you feel full.Drink Up to Stay HydratedDrinking an adequate amount of water is crucial for overall health and can support weight loss. Sometimes, the body can confuse thirst with hunger, leading to unnecessary calorie consumption. Drinking water before meals can also contribute to a feeling of fullness, reducing the likelihood of overeating. Make it a goal to increase your water intake throughout the day. If you get bored with water, try swapping still water for sparkling. If you still crave something different, drink liquids that have some sort of nutritional value, such as broth and 100% fruit juice with no added sugar. You can also hydrate through your food. Oranges and cucumbers are great foods that offer a hydration boost. Participate In Regular ExerciseEngaging in regular physical activity is essential for weight loss and maintaining muscle mass. Again you want to burn more calories than you consume. Older adults should incorporate a mix of aerobic exercises, strength training, and flexibility exercises into their routine. Its advisable to start slowly and gradually increase intensity, focusing on activities that are enjoyable and sustainable. Make realistic and attainable goals. Instead of saying youre going to work out every single day, set a goal to walk for 15 minutes three days a week. Then, gradually work up to every single day. Get Adequate SleepAdequate sleep is a crucial yet often underestimated factor in successful weight loss. Research consistently shows that insufficient sleep can disrupt hormonal balance, affecting key regulators of hunger and satiety. Furthermore, inadequate sleep can impair glucose metabolism and insulin sensitivity, promoting the storage of excess calories as fat. Prioritize quality sleep by aiming for seven to nine hours of quality sleep per night. Monitor Your Progress GraduallyWeight loss strategies require monitoring your progress. However, rather than focusing solely on the scale, you should monitor progress through various measures, including changes in energy levels, improved mobility, and better overall well-being. Celebrating small victories can help maintain motivation and reinforce positive lifestyle changes. Again, losing and maintaining a healthy weight is a marathon. Consult with a Healthcare ProfessionalReady to take charge of your health and achieve your weight loss goals? Look no further! Contact a VIPcare primary care provider today at 251-257-2886 and embark on a personalized journey towards a healthier, happier you. With our expert guidance and support, together, we can make your wellness aspirations a reality. Don't wait any longeryour best self awaits!
Did you know there are financial assistance programs available to veterans who need assisted living care? Our veterans made numerous sacrifices to uphold the freedom we enjoy today while their families kept the home fires burning. They are entitled to many benefits in appreciation for all they endured for America.Veterans benefits for senior living are available for qualifying veterans and their surviving spouses, as long as the veteran served at least 90 days of active duty, including at least one day during a wartime period, and received an honorable or general discharge.Veterans Aid and Attendance for assisted living careOffered through the Department of Veterans Affairs, Aid and Attendance is a monthly pension benefit that can help cover the costs of assisted living care. It is available for wartime veterans and their spouses who have limited income and require the regular attendance of a caregiver.Aid and Attendance is designed for individuals who need assistance from another person to complete everyday activities such as bathing, dressing and assistance with other daily activities. A veterans need for this benefit does not need to be the result of their military service.Funds received from Aid and Attendance benefits can offer a monthly benefit to help pay for assisted living and long-term care for a qualifying veteran and their spouse. The actual monthly benefit is determined by the veterans assets, income and medical expenses and conditions.Contact your local county Veterans Services office with questions on how to apply by visiting www.benefits.va.gov/vso.MedicareMedicare will pay for short-term care at nursing and rehabilitation facilities for seniors who need these services after an illness or injury that requires hospitalization. Medicare does not cover the cost for assisted living, home care or other senior living services.Long-Term Care BenefitsThe Veterans Administration provides both short- and long-term care in skilled nursing settings for veterans who cannot care for themselves. This benefit does not cover assisted living or home care.Housebound BenefitsVeterans confined to their homes and requiring assisted living care may be best suited to receive Housebound benefits. This program provides an increased monthly pension amount for those confined to their home due to a permanent disability.Applying for BenefitsThe Veterans Administration has regional offices that provide Veteran Service Organization representatives who may be able to answer simple questions about assisted living benefits, as well as provide free, basic advice on the application process.Many veterans seeking advice on applying for assisted living benefits hire a qualified attorney accredited by the VA or an accredited claims agent, who has passed a written exam about VA laws and procedures.The application process for assisted living benefits is often very lengthy. It is important to be thorough when completing the application and have all required documentation gathered and ready to submit.There are additional financial options to pay for assisted living care for individuals who do not qualify for veterans benefit. Click to find out more about financial options for senior living.Country Meadows offers affordable assisted living or personal care on its nine campuses in Pennsylvania and one in Frederick, Maryland. Our friendly co-workers are always available to help! Contact us today for more information.
Wings of Comfort: The Retreat Hospice by Saad Outdoor Oasis Transformed by Home Depot's GenerosityAt The Retreat Hospice by Saad, a haven dedicated to providing compassionate care during life's final season, an extraordinary transformation unfolded in 2023, thanks to the benevolent partnership with The Home Depot Foundation. This collaboration showcases the power of community service and highlights the incredible impact that thoughtful gestures can have on the lives of those facing the challenges of hospice care.Each year, local Home Depot stores rally theireams, resources, and expertise for community improvement projects. The range of initiatives is vast, from building homes for veterans to crafting bird sanctuaries for families in need. The Retreat Hospice became a recipient of Home Depot's volunteer projects, turning their grounds into a serene haven for patients and their families.Brian Clifford, the local Home Depot manager, collaborated closely with the dedicated team at Saad to bring to life a project that would resonate with the unique needs of Southern Alabama's population. The result was an oasis designed to connect patients with the tranquility found in nature, particularly through the enchanting world of native birds.One heartwarming suggestion from the family of a guest at The Retreat Hospice led to the creation of bird-friendly spaces visible from patient rooms. When the opportunity arose for Home Depot to enhance the hospice's grounds, the decision was clear a project that aligned with the desires of those seeking solace in the beauty of nature.Home Depot's generous donation included over 20 unique birdhouses, bird baths, feeders, vibrant flowers for a butterfly garden, lush shrubbery, potted plants, and new rock lining the walking trails. The transformation aimed to offer guests and their loved ones a variety of spaces for reflection, connection, and respite.The birdhouses, strategically hung from trees just outside each patients porch, have become focal points where families can be found rocking together, sharing laughter, shedding tears, reading, or simply enjoying quiet moments alone. The addition of beautifully landscaped areas and improved walking trails further enhances the hospice's commitment to providing a peaceful and comforting environment.The collaboration between The Retreat Hospice and Home Depot represents more than just physical improvements; it symbolizes a community coming together to support one another. The project not only contributes to the well-being of current patients and their families but also leaves a lasting legacy of compassion and kindness.To Home Depot, The Retreat Hospice expresses heartfelt gratitude for the choice to partner with them. The generosity and joyful service displayed by Home Depot's "army in orange" have left an indelible mark on the hospice's mission to care for the community with excellence. This transformative project will continue to be a source of comfort and solace for those navigating the final season of life, reminding everyone involved of the profound impact that acts of kindness can have on the human spirit. The Retreat Hospice by Saad is a private, freestanding hospice respite located in Mobile, Alabama. They offer 24-hour resort-level care. Contact the Retreat Hospice by Saad at 251-380-3810.
Experience and Background I am a financial advisor in Bradenton, FL, and began my career with Edward Jones in 2017. As a financial advisor, I want to find out what's important to you and help you build personalized strategies to achieve your goals. As a lifelong Manatee County resident, I graduated from the University of South Florida and was a teacher in Manatee County before joining Edward Jones. My driving force is to change people's lives in a positive way, and what better place than my home to do that. Whether you're planning for retirement, saving for college for children or grandchildren or just trying to protect the financial future of the ones you care for the most, we can work together to develop specific strategies to help you achieve your goals. We will also monitor your progress to help make sure you stay on track or determine if any adjustments need to be made. Throughout it all, we're dedicated to providing you with top-notch client service. But we're not alone. Thousands of people and advanced technology support from our office can help ensure you receive the most current and comprehensive guidance. In addition, we welcome the opportunity to work with your attorney, accountant and other trusted professionals to deliver a comprehensive strategy that leverages everyone's expertise. Working together, we can help you develop a complete, tailored strategy to help you achieve your financial goals. I currently volunteer with the Manatee Hurricane football Broadcast and Booster Club, serve on my church's trustees council and have previously served as a leader in Young Life. I am a member of the Manatee Chamber of Commerce and an alumnus of their Leadership Manatee program. I have been married to my childhood sweetheart, Ashley, for 15 years and we have a son, Wesley, and daughter, Camryn. We enjoy watching our children play their sports and traveling as a family.