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Don't fear investment moves
Investing
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Halloween is upon us. Of course, whether you’re navigating the dark corridors of a “haunted house” or just dealing with the “creepy” characters coming to your door demanding candy, you’re probably not too fearful of the sights of the season. But as you go through life, you’ll want to avoid some things that really are scary — such as these investment moves:
Chasing after a “hot” investment — By the time you hear about a supposedly “hot” investment, it may already be cooling off. But even more importantly, it might not have been appropriate for your diversification needs in the first place, especially if you already own similar investments.
Investing too aggressively — To achieve your long-term goals, such as a comfortable retirement, you will unquestionably need to own a reasonable percentage of growth-oriented investments in your portfolio. However, the greater the potential reward, the greater the risk, so you don’t want to go overboard by investing too aggressively.
Investing too conservatively — Some types of investments can offer a high degree of preservation of principal. But they carry their own type of risk — the risk of not keeping up with inflation. Consequently, just as it’s not a good idea to invest too aggressively and own only growth-oriented investments, it’s also not wise to invest too conservatively by owning only those vehicles that sacrifice growth potential for principal protection.
Following the crowd — In many arenas of life, you’ll find that it may make sense to go your own way rather than “follow the crowd.” And that’s usually the case with investing, too.
Taking a time out from investing — After sustaining big losses during the financial crisis of 2008, many investors decided to take a “time out” from investing — which meant they may have missed out on the rally that began in 2009 and ultimately resulted in the financial markets achieving record highs. The best investors just keep on investing right through market downturns — and, quite often, their persistence is rewarded.
Overreacting to the headlines — Too often, people will make long-term changes to their investment strategy in response to short-term news events, such as political turmoil, a bad economic report and even natural disasters.
Underreacting to changes in your life —You will experience many changes in your life, such as a new job, new spouse, new children, new home, the “empty nest” and so on. Many of these changes may require changes in your investment strategy.
By staying away from “scary” investment moves, you may well find that investing can be a positive, productive experience. And that’s not a frightening thought at all.

This article was written by Edward Jones for use by Evans, the company's financial adviser in Richmond Hill.

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Record April boosts Savannah's container trade at port
GardenCityTerminal
The Port of Savannah moved 356,700 20-foot equivalent container units in April, an increase of 7.1 percent. - photo by Provided

The Georgia Ports Authority's busiest April ever pushed its fiscal year-to-date totals to more than 3.4 million 20-foot equivalent container units (TEUs), an increase of 8.8 percent, or 280,000 TEUs, compared to the first 10 months of fiscal 2017.

"We're on track to move more than 300,000 TEUs in every month of the fiscal year, which will be a first for the authority," said GPA Executive Director Griff Lynch. "We're also anticipating this to be the first fiscal year for the Port of Savannah to handle more than 4 million TEUs."

April volumes reached 356,700 20-foot equivalent container units, up 7.1 percent or 23,700 units. As the fastest growing containerport in the nation, the Port of Savannah has achieved a compound annual growth rate of more than 5 percent a year over the past decade.

"As reported in the recent economic impact study by UGA's Terry College of Business, trade through Georgia's deepwater ports translates into jobs, higher incomes and greater productivity," said GPA Board Chairman Jimmy Allgood. "In every region of Georgia, employers rely on the ports of Savannah and Brunswick to help them become more competitive on the global stage."

To strengthen the Port of Savannah's ability to support the state's future economic growth, the GPA Board approved $66 million in terminal upgrades, including $24 million for the purchase of 10 additional rubber-tired gantry cranes.  

"The authority is committed to building additional capacity ahead of demand to ensure the Port of Savannah remains a trusted link in the supply chain serving Georgia and the Southeast," Lynch said.

The crane purchase will bring the fleet at Garden City Terminal to 156 RTGs. The new cranes will support three new container rows, which the board approved in March. The additional container rows will increase annual capacity at the Port of Savannah by 150,000 TEUs.

The RTGs will work over stacks that are five containers high and six deep, with a truck lane running alongside the stacks. Capable of running on electricity, the cranes will have a lift capacity of 50 metric tons.

The cranes will arrive in two batches of five in the first and second quarters of calendar year 2019.

 Also at Monday's meeting, the GPA Board elected its officers, with Jimmy Allgood as chairman, Will McKnight taking the position of vice chairman and Joel Wooten elected as the next secretary/treasurer.

For more information, visit gaports.com, or contact GPA Senior Director of Corporate Communications Robert Morris at (912) 964-3855 or rmorris@gaports.com.

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