Working for an Agency vs. Being an Independent Contractor or Household Employee

The movement of the financial markets can seem mysterious and yet, if we look back over long periods, we can see definite patterns that consistently repeat themselves. As an investor, how should you respond to these market cycles?            To begin with, its useful to know something about the nature of a market cycle and its connection to the business or economic cycle, which describes the fluctuations of the economy between periods of growth and contraction. Issues such as employment, consumer spending, interest rates and inflation can determine the stage of the business cycle. On the other hand, the market cycle refers to whats happening in the financial markets  that is, the performance of all the different types of investments.             The market cycle often anticipates the business cycle. In other words, the stock market may peak, or hit bottom, before the business cycle does the same. Thats partially because the financial markets are always looking ahead. If they foresee an event that could boost the business cycle and help the economy, such as the Federal Reserve lowering interest rates, they may become more bullish on stocks, thus driving the market up. Conversely, if the markets think the business cycle will slow down and the economy will contract, they may project a decline in corporate earnings and become more bearish on stocks, leading to a market drop.          Once youre familiar with the nature of market cycles, you wont be surprised when they occur. But does that mean you should base your investment strategy on these cycles?          Some people do. If they believe the market cycle is moving through a downward phase, they may try to cut their perceived losses by selling stocks  even those with strong fundamentals and good prospects  and buying lower-risk investments. While these safer investments may offer more price stability and a greater degree of preservation of principal, they also wont provide much in the way of growth potential. And youll need this growth capacity to help reach your long-term goals, including a comfortable retirement.             On the other hand, when investors think the market cycle is moving upward, they may keep investing in stocks that have become overpriced. In extreme cases, unwarranted investor enthusiasm can lead to events such as the dotcom bubble, which led to a sharp market decline from 2000 through 2002.            Rather than trying to time the market, you may well be better off by looking past its cycles and following a long-term, all-weather strategy thats appropriate for your goals, risk tolerance, time horizon and need for liquidity. And its also a good idea to build a diversified portfolio containing U.S. and foreign stocks, mutual funds, corporate bonds, U.S. Treasury securities and other investments. While diversification cant protect against all losses, it can help protect you from market volatility that might primarily affect just one asset class.           Market cycles often draw a lot of attention, and they are relevant to investors in the sense that they can explain whats happening in the markets. Yet, when it comes to investing, its best not to think of cycles but rather of a long journey one that, when traveled carefully, can lead to the destinations you seek.  Chad Choate III, AAMS828 3rd Avenue WestBradenton, FL 34205941-462-2445chad.chaote@edwardjones.com This article was written by Edward Jones for use by your local Edward Jones Financial Advisor.Edward Jones, Member SIPC

We understand that the golden years should be about enjoying life to the fullest, pursuing passions, and embracing new opportunities. One way we support this vision is through our Independent Living communities, designed to offer a blend of comfort, convenience, and community for active adults and seniors. But what exactly is Independent Living, and how can it benefit you or your loved ones? Lets explore.Understanding Independent LivingIndependent Living is a level of care and lifestyle option designed for seniors who are able to live independently but want to enjoy a lifestyle free from the responsibilities of home maintenance. Whether you are still working or are looking for a community after retirement, Independent Living is ideal for older adults who are looking for a community environment with various social, recreational, and cultural activities while still maintaining their independence.Features Of Independent LivingPrivate Residences: At The Gallery senior living communities, we offer different living options for Independent Living at each of our communities. At The Gallery, you will typically find a range of living options, from studio apartments, to larger two-bedroom units, and private villas. At The Gallery at North Port, there are private villas available for Independent Living residents that come with a garage, screened-in porch, chefs kitchen, and more. These residences are designed with aging adults and seniors in mind, providing a safe, accessible, and comfortable environment.Maintenance-Free Living: One of the biggest advantages of Independent Living at a senior living community is the freedom from household chores and maintenance. Say goodbye to mowing the lawn, shoveling snow, or fixing a leaky faucet. Our dedicated team takes care of these tasks, allowing residents to focus on what they love.Community and Socialization: Independent Living communities are vibrant and active, offering numerous opportunities for social interaction. From organized experiences and clubs to casual gatherings and outings, residents can easily connect with their neighbors and build meaningful relationships.Dining Experiences: Independent Living communities at The Gallery provide optional meal plans and dining experiences, ensuring residents enjoy nutritious and delicious meals by our in-house culinary team without the hassle of cooking. At The Gallery, we offer gourmet dining experiences that cater to various tastes and dietary needs.Amenities and Activities: Our Independent Living communities are equipped with a variety of amenities, such as fitness centers, resort-style pools, libraries, movie theaters, and more. Additionally, a robust schedule of daily experiences keeps residents engaged and entertained, from fitness classes to art programs, educational lectures, and off-site events.Safety and Security: Safety is a top priority in Independent Living communities. With features like emergency call systems, 24/7 staff, and secure buildings, residents and their families can have peace of mind knowing help is always available if needed.Benefits Of Independent LivingEnhanced Quality of Life: Independent Living allows seniors to lead an active and fulfilling lifestyle. With access to various amenities, social opportunities, and recreational activities, residents can pursue their interests and hobbies without the constraints of home upkeep. According to the CDC, social isolation and loneliness are linked to a 50% increased risk of dementia, a 29% increased risk of heart disease, and a 32% increased risk of stroke. Regular social interaction can lead to happier, more fulfilled lives and better long-term mental health for seniors.Sense of Community: Living in a community with peers fosters a sense of belonging and reduces feelings of isolation. The friendships and connections made in Independent Living communities can significantly enhance emotional well-being.Peace of Mind: For both residents and their families, Independent Living at senior living communities offers peace of mind. Knowing that help is available if needed and that daily chores are taken care of alleviates stress and worry.All Pets Welcome: All senior living communities at The Gallery accept pets of all sizes, setting us apart from most senior living options. We enthusiastically welcome pets as they are known to bring immense happiness to their owners and can significantly enhance mental health, fostering a more joyful and fulfilling living experience for our community members.Health and Wellness: Many Independent Living communities prioritize health and wellness, offering fitness programs, health screenings, and wellness initiatives. Staying active and engaged can lead to improved physical and mental health.Is Independent Living Right For You?Independent Living at senior living communities is an excellent option for aging adults and seniors who are still active and independent but want to enjoy a community lifestyle with added conveniences and amenities. If you or your loved one value independence but seek a supportive environment that enhances quality of life, Independent Living at The Gallery communities could be the perfect choice. To find out more about if Independent Living at a senior living community is right for you, take our 4-minute survey below to get valuable information and insights.

 If youve been thinking about life insurance, especially if you have family, loved ones, or anyone who depends on you financially, you might be curious about the different kinds of policies available. Which type is right for you?Essentially, you can look at two main categories of life insurance: term and permanent.Term insurance is a pay-as-you-go option that covers a specific amount of time, usually 20 years or fewer. Term insurance benefits are paid to your beneficiaries free of federal income taxes if you pass away during the coverage period, but theres no opportunity to build cash value.Permanent insurance, such as whole life or universal life, offers coverage for as long as you pay the premiums, and in addition to providing a tax-free death benefit, also offers a chance to build equity, or cash value, on a tax-deferred basis.When determining which type of insurance is appropriate for your needs, youll want to consider these factors: Cost  Term insurance is generally affordable for most people, which is why it may be particularly suitable for parents and young adults who may be at the beginning of their careers. Permanent insurance is typically more expensive, largely because it is meant to last for one's lifetime and some of the premiums go toward building cash value in the policy and paying for other features. Generally, the younger and healthier you are when you purchase permanent insurance, the lower your rates will be. Length of time insurance is needed  If you think you will only need life insurance for a certain period perhaps until your children are grown you might lean toward term insurance. If you feel the need for life insurance for other goals throughout your lifetime, for whatever reason you might have a special needs child, or perhaps you want to use your policy to help pay for retirement, or you wish to include the policy as part of your legacy and estate plans you may want to consider some type of permanent insurance. Investment preferences  You may have heard the phrase buy term and invest the difference. Essentially, this just means that an investor could purchase low-cost term insurance, and then invest the money that was saved by not getting permanent insurance. This can be a valuable strategy in some situations, but people often dont actually invest the difference. A permanent insurance policy, through the payment of premiums, may result in a steady buildup of cash value or continued contributions to the policys investment components. For many people, this discipline is helpful. Future insurability  If you have health issues, it could become difficult to get permanent insurance after youve reached the end of a term insurance policy. (Some term insurance policies do offer the opportunity to convert to permanent coverage, usually without the need for a medical exam.) You could avoid this potential problem by purchasing permanent insurance when you are still young and healthy.Ultimately, you will need to weigh the various factors involved in the permanent-versus-term decision. You also might benefit from consulting a financial professional, who can evaluate which type of insurance is most appropriate for your situation. But whether its term or permanent, make sure you have the coverage you need to protect yourself and your loved ones. Chad Choate III, AAMS828 3rd Avenue WestBradenton, FL 34205941-462-2445chad.chaote@edwardjones.com This article was written by Edward Jones for use by your local Edward Jones Financial Advisor.