Parker County Today June 2015 | Page 49

FINANCIAL FOCUS Kay Services Investment Mistakes to Watch For ... at Different Stages of Life Tree Mulching Brush Pile Burning Fence Row Cleaning Road Maintenance Do You Prepare More for Family Vacations Than You Do for College? Having fun with your family is important. But nothing is more vital than your child’s future. That’s why at Edward Jones, we can help you put together a strategy to save for college. Using our education funding tool, we can estimate future expenses at more than 4,000 schools and then recommend a financial strategy based on your unique needs. True, vacations are great. But graduation ceremonies are even better. Residential • Commercial • Industrial For a free, personalized college cost report, call or visit today. Mike Smith Financial Advisor . 5189 E I-20 Suite 103 Willow Park, TX 76087 817-441-9439 EDS-1879C-A-AD Fully Insured www.edwardjones.com DUSTAN HORNE / TIM McCLOUD 817-304-2732 817-304-1032 Member SIPC PA R K E R C O U N T Y T O D AY This article was written by Edward Jones for use by your local Edward Jones Financial Advisor. Tractor Mowing JUNE 2015 As an investor, how can you avoid making mistakes? It’s not always easy, because investing can be full of potential pitfalls. But if you know what the most common mistakes are at different stages of an investor’s life, you may have a better chance of avoiding these costly errors. Let’s take a look at some investment mistakes you’ll want to avoid when you’re young, when you’re in midcareer, when you’re nearing retirement and when you’ve just retired. When you’re young … Mistake: Investing too conservatively (or not at all) — If you’re just entering the working world, you may not have a lot of money with which to invest. But don’t wait until your income grows — putting away even a small amount each month can prove quite helpful. Additionally, don’t make the mistake of investing primarily in shortterm vehicles that may preserve your principal but offer little in the way of growth potential. Instead, position your portfolio for growth. Of course, stock prices will always fluctuate, but you