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Financial Focus: What’s Your Investment Tolerance?

By Jeffrey O’Neal, Financial Advisor

Risk is a normal part of investing. If you didn’t take on any risk, you wouldn’t have the potential to achieve higher returns. But how much risk should you accept? ​You don’t want to incur unnecessary risk. So, you’ll need to assess the amount of risk you’re comfortable taking and then determine if this risk level supports your ability to achieve your long-term goals. ​Here are some of the key factors in determining your own capacity for investment risk:

​• Personality – We all have different personalities. And your individual personality can certainly affect your comfort level with risk. If you enjoy taking chances or pushing yourself outside your comfort zone in other aspects of your life, you could be more likely to accept greater investment risk, too, because you know that greater risk means greater potential reward. Conversely, higher-risk investments also carry greater potential for volatility, including steep short-term declines.

​• Time – Risk tolerance can change over time. When you are first starting out in your career, with decades to go until you retire, you may feel comfortable with a certain degree of investment risk, knowing you have time to potentially overcome the inevitable downturns in the financial markets. But as you near retirement, you might consider lowering your risk level and investing more conservatively, because once you do retire, you’ll likely have to start withdrawing money from your retirement accounts, which means you may need to liquidate some investments – and, ideally, you won’t want to have large fluctuations in value at that time. However, even during retirement, you may want your portfolio to include some growth-oriented investments to help keep you ahead of inflation.

• Type of goal – You might have different risk tolerances for different goals. For example, if you know you need a specific amount for a particular goal in two years – such as buying a new car or taking an overseas vacation – you may want to put away money in a low-risk, liquid vehicle. This type of investment might not have much growth potential, but for this goal, you are less interested in achieving a high rate of return than you are in being reasonably sure the money will be there when you need it. So, in this instance, you may have quite a low tolerance for risk. But for a long-term goal, such as a comfortable retirement, you may be prepared to take more risk in the hopes of greater returns, given the longer time horizon.

By understanding your risk tolerance and knowing how it can change over time and under different circumstances, you can be better prepared to face investment volatility. And there are certainly things you can do to mitigate risk. By owning a variety of investments – domestic and international stocks, bonds, mutual funds, government securities and so on – you can reduce the impact of market volatility on your portfolio. (Keep in mind, though, that diversification can’t prevent all losses or guarantee profits.) In any case, the biggest risk of all is simply not investing. If you are going to achieve your financial goals, you need to invest for them.

By understanding your own risk tolerance, and by making wise choices along the way, you can stick with an investment strategy that can work for you in the long run. ​​​​​​​​​​

This article is provided by Jeffrey O’Neal, Financial Advisor
Edward Jones 20 N Express St, Paris, AR 72855
479-963-1321
jeffrey.o’neal@edwardjones.com edwardjones.com/jeffrey-o’neal
Edward Jones, Member SIPC

The Best and Worst Kitchen Features for Resale Value

You’ve dreamt of adding something new to your home for a while, and now you want to make it a reality. Not to accidentally burst your bubble, but some kitchen features have the potential to hurt the resale value of your home—here’s a list of the best and worst choices.

The Best Projects

To start, here’s a list of valuable enhancements to make to your kitchen. These are the projects that won’t hurt your resale value.

New Paint Color

Painting is a good step up, but painting your kitchen any random color can tarnish its appearance. You want a lively, bright space, not one that’s dull and gray. Colors such as these work best, but make sure your choice goes with your home’s theme:

  • Baby yellow
  • Light brown
  • Burnt orange

Improving Lighting

Lighting is a great way to show off your home’s most desirable focal points. You can’t go wrong with new lighting fixtures. Choose LED bars for cabinets and spotlights for the ceiling. You’ll love walking into a room with light that doesn’t blind.

Adding Fixtures

Enhancing the kitchen often means new fixtures. This is the where you can add value with upgrades such as a new refrigerator, new countertops, or an island you’ve been wanting to spruce up the space.

The Worst Projects

There are also some projects to avoid doing if you want a good return on investment. Here are projects to approach with caution:

Islands

Add an island only if you have the right amount of space for it—you don’t want to add it anywhere else but the middle of the kitchen. If the space doesn’t allow for it, don’t bother putting in an island.

Cheap Cabinets

If you want to replace the cabinets, ensure the material of your new cabinets is of good quality. The best-quality cabinet types to buy include plywood and timber-faced. Both are solid materials that add character and stability to the kitchen.

Built-In Anything

Some built-in features work well, but most families won’t need them. As great as it is to have a built-in stove, some people might want to change it out for something else anyway, meaning the kitchen will need another expensive remodel.

Kitchens are fun to make over, but some upgrades can depreciate your home’s value. Focus on renovations that improve your home but leave room for prospective buyers to imagine their lives in the house. Take these recommendations on the best and worst kitchen features when you’re working on your upgrades.

Economic Factors Affecting the Housing Market

The housing market is often affected by economic factors, such as the availability of jobs and the cost of building materials in a particular area. While these are important, many additional factors can affect the housing market. If you are interested in selling your home or are looking to buy, it is essential to understand the following factors and how they affect you and this country.

Rising Costs

Inflation and supply chain issues can affect the housing market directly. In fact, many things that happened in the broader economic climate have implications for the housing market. The cost of everything is rising exponentially, from paper goods to gas. If the materials cost your contractor more, they will often factor that into the cost of the home, passing those price hikes on to you as the consumer. Home prices tend to keep pace with inflation as prices go up. Housing prices tend to at least keep pace, if not exceed inflation.

Supply and Demand

Prospective buyers are trying to keep up, but demand is soaring with such a limited supply of homes available. Home prices are rising at their highest rate in 15 years. In fact, some homes are selling within hours of going on the market. Prospective home buyers can often find themselves in bidding wars or with their dream home vanishing from the listings right before their eyes.

Two factors are causing this demand spike. First, not enough homes are being built to keep up with the population growth. Second, more people can work from home now and don’t need to commute. Many city dwellers have now chosen to leave for the space and square footage that the suburbs provide.

There are other options, such as building your own home, that could help to combat the issue of supply, but is the modular home market going up as well? We will have to keep our finger on the pulse of the home market to know for sure.

Supply Chain Issues

The supply chain delays from COVID-19 are suppressing supply in key industries related to the production of homes. Everything from screws to glass can be hard to come by, and if you purchase domestically, there is often a higher cost involved. The supply chain issue should balance itself out, and we should expect that prices will eventually level out as we work to combat the delays; however, for now, expect to see higher costs in everything you purchase, including your next home.

Home Sweet Home

The economic factors affecting the housing market can affect your ability to purchase your dream home. Job availability and the cost of living are just a few factors to consider. Current and prospective homeowners will need to keep their eyes on the state of the housing market over the next few years.

Mansfield’s Reather among Twenty-one Arkansas State Police Recruits

Twenty-one Arkansas State Police Recruits received their trooper commissions on Thursday evening, June 16, during a graduation ceremony in the rotunda of the state capitol.  The graduates were among an initial field of 227 applicants who were tested and interviewed during 2021.  On January 23rd this year, 38 recruits assembled at the state police training academy in Little Rock to form Recruit Class 2022-A and began a rigorous 21 week-long training stint.  The graduates received 1,160 hours of specialized instruction in the academy classrooms and through practical training exercises outside the classroom.  The graduates were sworn under oath as Arkansas State Troopers by North Little Rock District Judge Randy Morley.  Lieutenant Colonel Shawn Garner, Deputy Director of Enforcement for the Arkansas State Police and Jami Cook, Secretary of the Arkansas Department of Public Safety addressed the class.  State police senior command staff, troop and company commanders, the training section cadre and Arkansas State Police commissioners were among those attending the graduation.   The recruit graduates and their first post assignments are listed as follows:

  • Brandon Neal, 29, 2022-A Class Leader, will be assigned to Highway Patrol Division, Troop A, Pulaski County.  He is a graduate of Vilonia High School and Drury University in Chicago.
  • Zoey Baldwin, 22, will be assigned to Highway Patrol Division, Troop J, Johnson County.  She is a graduate of Russellville High School and Arkansas Tech University.
  • John Bucher, 21, will be assigned to Highway Patrol Division, Troop D, Woodruff County.  He is a graduate of Russellville High School.
  • Ana Elisa Escamilla, 28, will be assigned to Highway Patrol Division, Troop A, Pulaski County.  She is a graduate of Warren High School.
  • Aaron Killian, 21, will be assigned to Highway Patrol Division, Troop A, Pulaski County.  He is a graduate of Lakeside High School (Garland County).
  • Peter Kootz, 25, will be assigned to Highway Patrol Division, Troop B, White County.  He is a homeschool graduate from Sharp County and a graduate of Lyon College.
  • Jessica McCord, 28, will be assigned to Highway Patrol Division, Troop A, Pulaski County.  She is a graduate of Lake Hamilton High School, Marion Military Institute and Southern New Hampshire University.
  • Zachary Means, 24, will be assigned to Highway Patrol Division, Troop E, Desha County.  He is a graduate of Carlisle High School.
  • Caleb Miller, 23, will be assigned to Highway Patrol Division, Troop L, Benton County.  He is a graduate of Siloam Springs High School.
  • Shabby Moore, 25, will be assigned to Highway Patrol Division, Troop F, Union County.  He is a graduate of Ville Platte (Louisiana) High School.
  • Cade Padgett, 21, will be assigned to Highway Patrol Division, Troop J, Perry County.  He is a graduate of Danville High School.
  • Solomon Phifer, 30, will be assigned to Highway Patrol Division, Troop G, Miller County.  He is a graduate of Crossett High School, University of Arkansas (Little Rock) and Mid-America Baptist Theological Seminary in Cordova, Tennessee.
  • Candice Pike, 38, will be assigned to Highway Patrol Division, Troop I, Searcy County.  She is a graduate of Clinton High School.
  • Grant Pruitt, 21, will be assigned to Highway Patrol Division, Troop C, Mississippi County.  He is a graduate of Elkins High School.
  • Landan Reather, 23, will be assigned to Highway Patrol Division, Troop H, Sebastian County.  He is a graduate of Mansfield High School.
  • Tyree Sampson, 29, will be assigned to Highway Patrol Division, Troop K, Garland County.  He is a graduate of Hot Springs High School and National Park College in Hot Springs.
  • Jackson Shumate, 25, will be assigned to Highway Patrol Division, Troop A, Pulaski County.  He is a graduate of Sherman (Texas) High School.
  • Gavin Chance Taylor, 21, will be assigned to Highway Patrol Division, Troop D, Monroe County.  He is a graduate of Hazen High School.
  • Connor Vrooman, 25, will be assigned to Highway Patrol Division, Troop B, White County.  He is a graduate of Searcy High School and Arkansas State University (Beebe).
  • Daniel Walcott, 22, will be assigned to Highway Patrol Division, Troop J, Van Buren County.  He is a graduate of Penn Foster High School (Scranton, Pennsylvania).
  • Christopher Weatherly, 22, will be assigned to Highway Patrol Division, Troop A, Pulaski County.  He is a graduate of Cabot High School and the University of Arkansas (Little Rock).

Special recognition and awards were presented to the recruits who attained the highest overall academy scores within the respective curriculum and training categories:

ACADEMICS
1st place – Jessica McCord
2nd place – Peter Kootz
3rd place – Brandon Neal

PHYSICAL FITNESS
1st place – Brandon Neal
2nd place – John Bucher   
3rd place – Cade Padgett 

FIREARMS
1st place – Peter Kootz
2nd place – Chaice Weatherly 
3rd place – Zoey Baldwin 

Over the next month the new troopers will begin reporting to their respective assignments across the state.  They will receive an additional 5 – 9 weeks of instruction working alongside a Field Training Officer before being released from their training regimen.

2nd Annual Flag Disposal Ceremony

On June 14, 2022 Scott County Fairgrounds was the location for the second annual Scott County flag disposal ceremony. Waldron Volunteer Fire Department assisted with the lighting of the fire. Danville Cub Scouts Troop 170 presented the colors. Owen Ridenhour performed as the bugler.

Danville Cub Scouts Pack 170, Waldron Cub Scout Pack 59, Ouachita Mountain VFW Post 1345, and The John Tolleson American Legion Post 46 were in attendance to assist with the disposal of the retired flags. Chaplain Greg Shively led opening prayer.

According to the U.S. Flag Code “The flag, when it is in such condition that is no longer a fitting emblem for display, should be destroyed in a dignified way, preferably by burning.” Most flags can be machine washed with mild detergent and hung to dry to prolong its life. It is up to the flags owner to decide when the flag is too tattered to properly fly.

Flag day takes place annually on June 14th to commemorate the adoption of the Stars and Stripes as the official flag of the United States.

High Speed Chase Ends Near Magazine

By Brandy Young

On Tuesday, June 15, three suspects led Arkansas State Police on a high-speed chase in Logan County. 

An ASP Trooper attempted a traffic stop in Booneville when the vehicle attempted to flee. ASP pursued the suspects from Booneville, east on State Highway 10, and through the city of Magazine before executing a PIT maneuver (pursuit intervention technique) just east of the Magazine city limits. The successful maneuver caused the suspects’ vehicle to leave the roadway and crash into the ditch. The vehicle then became engulfed in flames. The suspects had to be pulled from the vehicle. Two of suspects required medical treatment. 

The reason for the initial traffic stop or the current condition of the suspects is not known at this time. Arkansas State Police is still conducting their investigation and have not released any details.

Obituary – Sue Soderling Bice (1959-2022)

Sue Soderling Bice of Waldron, Arkansas went to be with her Lord and Savior, Wednesday, June 15, 2022 in Waldron, Arkansas with her loved ones by her side. Sue was born December 24, 1952 in Waldron, Arkansas to William H. Soderling and Virginia (Hunter) Soderling. She was 69 years old. Sue was a member of Temple Baptist Church in Waldron, Arkansas. She was a strong faithful Christian woman.

Sue worked for many years at Wal-Mart when it was in Waldron. She was a department manager and enjoyed seeing her friends and family when they would come shop. After retirement, Sue enjoyed spending every chance she had going to grandchildren’s activities. She was always happy for her family to be close by and spending time with grandchildren and great grandchildren curled up in her lap sharing a hug and a giggle.     

Sue leaves behind to cherish her memory, her loving husband Rick of the home, daughters: Teresa Davis and husband Tommy of Ola, Arkansas and Becky Staggs and husband Terry of Waldron, Arkansas and one son Steven Yandell and wife Camille of Waldron, Arkansas. Sue is also survived by her siblings: Sandee Carr of North Carolina, Marcy Allen of Texas, Shirley VanDeWiele of Waldron, Arkansas, Glen Soderling of Waldron, Arkansas and Dan Soderling of Texas. Nanna will forever remain in the hearts of her grandchildren: Meagan Burke, Emily Davis, Paden Davis, Tyler Staggs, Tori Staggs, McKayla Strozier, Shauna Johnson, Landon Avery and Triston Avery as well as 10 great grandchildren. Sue will be missed by all that knew her and the many whose lives she impacted including a host of extended family and friends she loved dearly.

Sue is preceded in death by her parents, William and Virginia Soderling, one grandson, Dalton Davis, 4 sisters and 2 brothers.

Sue’s life celebration will be Saturday, June 18, 2022 at the Temple Baptist Church in Waldron, Arkansas with Rev. Jackie Smith and Rev. George Barham officiating. Interment will follow in the Square Rock Cemetery near Waldron, Arkansas.  Arrangements are being entrusted to Heritage Memorial Funeral Home in Waldron, Arkansas.

Sue’s pallbearers will be Steven Yandell, Tyler Staggs, Paden Davis, Michael Burke, Landon Avery and Charles Strozier. Honorary pallbearers will be Gary Shaddon and Tim Maxell.

Sue’s visitation will be 4:00 p.m. until 6:00 p.m. Friday, June 17, 2022 at the Heritage Memorial Funeral Home Chapel in Waldron, Arkansas.

Obituary – Donald Joe Hill (1960-2022)

Donald Joe Hill, better known as Wolfie, of Waldron, Arkansas went to be with his Lord and Savior, Tuesday, June 14, 2022 in Parks, Arkansas with his loved by ones his side. Wolfie was born July 29, 1960 to Donald Gene Hill and Carolyn (Harris) Hill. He was 61 years old.

Wolfie married the love of his life Angie Marie Jett in October 1979. Together they lived, loved and enjoyed 42 years of life. When Wolfie wasn’t working to provide for his girls, he enjoyed hunting, fishing, and farming. Papa was happiest when all his girls were around. No matter if they were outside doing something, working on a project, or just hanging out, making ever lasting memories he cherished the most.

Wolfie leaves behind to cherish his memory, his loving wife Angie of the home, two daughters Darlynda Tallmadge and Wendi Edwards and husband Josh all of Waldron, Arkansas and one uncle Ken Harris of Waldron, Arkansas. Poppa will forever remain in the hearts of his granddaughters, Hallee Tallmadge and Rilee Jo Edwards and one grandson Lane Tallmadge. Wolfie will be missed by all that knew him and the many whose lives he impacted including a host of extended family, friends and loved ones he considered family.

Wolfie was preceded in death by his parents Donald Gene and Carolyn, paternal grandparents WT Thornton Hill and Edna Hill and maternal grandparents Marion and Audrey Harris and one sister Jean Hattabaugh.

Wolfie’s graveside life celebration will be held 10:00 a.m. Friday, June 17, 2022 at the Duncan Cemetery Pavillion in Waldron, Arkansas with Rev. Pat Ray Biggs officiating. Interment will follow. Arrangements are being entrusted to the Heritage Memorial Funeral Home in Waldron, Arkansas.

Wolfie’s pallbearers will be David Jett, Tim Jett, Carl Long, Rusty Craig, Mikey Johnston and Rick Owens. Honorary pallbearers will be Ken Harris, Robert Jett and Pat Edwards.

Wolfie’s visitation will be Thursday, June 16, 2022 from 5:00 p.m. until 7:00 p.m. at the Heritage Memorial Funeral Home in Waldron, Arkansas.

Turtles taking to the streets; don’t box them in

Randy Zellers Assistant Chief of Communications

LITTLE ROCK — Turtles are on the move all over Arkansas, and many can be found alongside roads in rural and suburban areas thanks to a wet, relatively cool spring that created excellent foraging areas in ditches and grassy areas beside the hustle of daily traffic. Many turtles are finishing up their annual breeding and egg-laying cycles, which also puts them on the move.

The three-toed box turtle is one of the most common turtles motorists will encounter in The Natural State. Two species of box turtle occur in the state, the three-toed and the ornate, the latter of which is protected and is illegal to possess or collect. Box turtles get their name from the hinged plastron (lower shell). Many turtles can retract into their shells, but box turtles can lift their lower shell to completely seal out any would-be attackers, forming a snug “box” of protection. Most first encounters people may have with a box turtle they’ve disturbed will be a waiting game until the reptile decides it is safe to open up and take a look around.

This ingenious defense makes adult box turtles impervious to attacks by many small predators, leaving disease and automobiles as the top causes of an individual turtle’s demise. It also endears it to curious children and adults, who often pick them up and bring them home as a wildlife pet.

While no current data is available to support any declines in three-toed box turtle populations in Arkansas, biologists at the Arkansas Game and Fish Commission say movement of these animals may have impacts on population dynamics on a small scale.

Kelly Irwin, herpetological program coordinator for the AGFC, says three-toed box turtles often will stay within the same 10- to 25-acre range for their entire life and have a strong homing instinct. If they are moved outside of this area, they may spend the rest of their lives wandering, trying to reorient themselves, especially if turtles are already present in the area where they are placed.

“One recent study moved a number of box turtles to a new location and tracked their movements,” Irwin said. “Only 47 percent of those moved established a home range in the new area. The rest wandered away or died.”

Irwin says the issue is compounded by the turtle’s relatively long time to reach sexual maturity.

“Box turtles can take between 5 and 10 years to become sexually mature, depending on their sex and the conditions where they live,” Irwin said. “They can have multiple clutches of 2 to 6 eggs per year, but the nest and young are susceptible to raccoons, skunks, foxes, snakes and many other small predators.”

Research by Kurt Buhlmann and Gina Coffman at the University of Georgia’s Savannah River Ecology Laboratory in 2001 also indicates that fire ants can have detrimental effects to turtle hatchlings as they emerge from their eggs. According to the research, ants could not penetrate turtle’s eggs unless there were imperfections on the egg’s surface, but did swarm on hatchlings as they began to break free of the egg.

Dr. Jenn Ballard, state wildlife veterinarian for the AGFC, says moving or concentrating turtles also can introduce or distribute diseases or parasites to new areas, which can have far-reaching impacts on populations of turtles.

A number of viruses and bacteria can cause serious problems for amphibians and reptiles, including box turtles. With few options for treating animals in the wild, preventing the spread of these pathogens to new areas is important for protecting these species.

“Moving them around the state can increase the spread of disease, but having them in captivity with other wildlife pets can expose them to even more pathogens,” Ballard said. “If one animal has a disease, you’ve just increased the chances for all of them to contract it, and if they’re later released, you may be infecting a new area.”

If someone wants to release a turtle they’ve held in captivity, they must find a permitted rehabilitator to ensure the turtle is able to survive and does not pose a risk of spreading disease or parasites it may have picked up during its time as a pet. Ballard says there are some rehabilitators who specialize in turtles among the ones listed on the AGFC’s website at www.agfc.com/rehab.

“I’d advise anyone to please contact these folks before trying to release a turtle on their own,” Ballard said. “Or better yet, think about this before they decide to take in a turtle from the wild. It’s just as enjoyable to watch them in their natural setting as it is to bring them home.”

Another common practice by budding nature lovers is to mark or cover a turtle’s shell in paint so it will be recognized upon future visits. Ballard says such practices may seem like harmless fun, but they can impact the turtle greatly.

Painting a turtle a bright color not only makes it easier for you to see, it makes it easier for predators to locate. Although most small mammals cannot get into a box turtle’s shell a persistent coyote can eventually work its way through to the turtle underneath.

“You’re really painting a target on the turtle’s back,” Ballard said.

Paints also can be toxic to turtles, depending on the type used. They can block UV light needed by the turtle throughout its life cycle.

“The shell is a living part of the turtle,” Ballard said. “Hindering UV light absorption impacts Vitamin D production, which is vital to the turtle for bone and shell development.”

Irwin says enjoying reptiles and amphibians in the wild is one of the experiences that led him on the path to being a part of their conservation, and he encourages people to continue enjoying them in their natural setting.

“With the exception of venomous snakes, reptiles and amphibians are one of the few groups of animals someone could get close to and observe without fear or danger to them or the animals,” Irwin said. “I think it’s great that people enjoy these animals, and picking up an occasional box turtle, bullfrog or speckled kingsnake isn’t going to hurt things, but they do need to think about any consequences of moving them from the habitat where they were found. And doing things like painting them or marking them can only cause stress or make them more vulnerable to predation or disease.”

Greenwood Man Dies in Motorcycle Crash

A motorcycle crash claimed the life of a Greenwood man on Saturday, June 11.

According to the Arkansas State Police, Alexander Thompson, 28, was traveling westbound on a 2011 Harley Davidson. Thompson made a left turn off of Greenwood Road to travel westbound on Zero Street when a second vehicle, a 2022 Chevrolet, attempted to merge into the left westbound lane, striking Thompson.

Thompson succumbed to his injuries, and a passenger on that motorcycle was transported to the hospital with injuries.