Tag Archives: Finance

Strategies to Remember During Times of Uncertainty

BY MICHELLE KONKLE, CFP®, CERTIFIED FINANCIAL PLANNER, FINANCIAL ADVISOR

OVER THE PAST MONTHS WE HAVE SEEN VOLATILITY RETURN TO THE MARKET. THIS VOLATILITY IS SOMETHING THAT MANY HAD FORGOTTEN THE FEELING OF WHILE LIVING THROUGH THE LONGEST BULL MARKET SEEN IN OUR HISTORY. MANY HAVE ONLY SEEN A BULL RUN IN THEIR INVESTING LIVES. WHILE YOU MAY BE CONCERNED WITH THE BALANCE OF YOUR 401K AND OTHER INVESTMENT ACCOUNTS, IT IS IMPORTANT TO  REMEMBER THESE FEW POINTS BEFORE REACTING.Extol+Summer+2020_Page_68_Image_0001

1. Humans are irrational creatures. Time and time again we are told to buy low and
sell high. However, when we start to see the balances fall it is human nature to want to
reduce your loses by moving into ‘safer’ assets. Unless you are in dire needs of the funds
within six months, this is not typically an advisable plan. Studies have shown that time
in the market is better than timing the market. If you exit the market during a downturn
and wait for the ‘right time’ to get back in, chances are you have already missed some of
the best days of the recovery. When navigating a bear market, think of it is fighting a fear. Stay calm and don’t make any sudden moves.

2. Diversification is key in any market cycle. By diversifying your assets, you will be
able to limit potential negatives felt when one invests in only one security or industry.

3. Keep investing. While it is difficult to watch the balance of your 401k fall, you must
remember that this is the best time to invest. Depending on an individual investor’s
situation this may be the time to continue contributions and even possibly increase
contributions. Buying during periods of volatility can have tremendously positive
impacts on your portfolio later in life. We often recommend that investors dollar cost
average due to the uncertainties and inability to time the market. This means that they
will systematically invest a certain amount over a specified period. Please contact us or
your financial adviser to discuss if this option is right for you.

4. Don’t invest money you don’t have. While it is great to increase your
401k contribution or start to invest in your favorite store/restaurant, etc.
when their stock price falls. Remember to only invest what you can afford
to lose. If you are not comfortable with the potential of losing the money,
then do not invest it. Now more than ever, it is crucial to have your 3-6
months of emergency reserves set aside. These funds are not to be used for
investment purposes.Extol+Summer+2020_Page_70_Image_0001

5. Consult with a financial professional. When trying to navigate the
waters of investing, consulting with a professional is the nest idea. Most of
us have been through this before and can provide to you real life examples
and industry respected resources as we help you develop a financial plan
to not only navigate the current state but achieve your future goals.
While “stay the course” may be the last thing you want to hear from your
financial advisor, it is oneof the pinnacles of a long-term strategy. If you
would like to discuss investment options or create afinancial plan of your
own, you can reach us at (812) 913-7701.


This report was prepared by Axiom Financial Strategies Group, a federally registered investment adviser under the Investment Advisers Act of 1940. Registration as
an investment adviser does not imply a certain level of skill or training. The oral and written communications of an adviser provide you with information about which
you determine to hire or retain an adviser. This is prepared for informational purposes only. It does not address specific investment objectives, or the financial situation
and the particular needs of any person who may receive this report. Neither the information nor any opinion expressed it so be construed as solicitation to buy or sell a
security of personalized investment, tax, or legal advice. For more information please visit: https://adviserinfo.sec.gov/ and search for our firm nam

Joseph Meier Promoted to Manager at Rodefer Moss

Contact:
Kim Naville
Marketing Coordinator
812.945.5236
knaville@rodefermoss.com


Capture2NEW ALBANY, Ind., Jan. 6, 2020 — Rodefer Moss & Co, PLLC has promoted Joseph Meier to manager, effective Jan. 1. Meier works at the firm’s New Albany office and was previously a supervisor.

“Joe has been an asset to our supervisory staff and will be a wonderful addition to our managerial team,” said Doug York, President and Managing Partner. “He brings a wealth of knowledge and professionalism that is vital to our commitment to quality and client service.”

Meier has experience in both tax and attest services including not-for-profit entities. He
specializes in complex multi-state tax filings with a focus on manufacturing/distribution and
transportation industries. His expertise also includes international financial statement
conversion, rental real estate tax implications, cost segregation studies and closely held service companies.

“I look forward to my new role as a manager,” said Meier. “My clients can expect the same
dedication and service as I provide solutions for their tax needs.”

Meier received a Bachelor of Science in Business Administration and Accounting from University of Louisville. He is a member of Kentucky Society of Certified Public Accountants (KSCPA) and American Institute of Certified Public Accountants (AICPA) where he received a Charter Global Management Accountant designation (CGMA). CGMA distinguishes accounting professionals who have advanced proficiency in finance, operations, strategy and management.

Rodefer Moss provides accounting and businesses consulting services in nine offices in Indiana,
Kentucky, Tennessee and Virginia. For more information, visit rodefermoss.com.

Sarah Hunter Named Manager at Rodefer Moss

Contact:
Kim Naville
Marketing Coordinator
812.945.5236
knaville@rodefermoss.com


CaptureNEW ALBANY, Ind., Jan. 6, 2020–Rodefer Moss & Co, PLLC has promoted Sarah Hunter to
manager, effective Jan. 1. She works at the professional service firm’s New Albany, Ind. office
where she was previously a supervisor.

“Sarah possesses excellent leadership skills and professionalism that make her a great asset to our management team. She is committed to serving clients and will excel in her new role,” said Doug  York, President and Managing Partner.

Since joining Rodefer Moss in 2012, Hunter has performed audit and assurance engagements for a variety of clients. Her expertise also includes corporate, partnership, and individual tax
returns.

“I am very honored to be given this opportunity to advance in my career. I’m looking forward to
growing as part of the firm’s leadership team, as well as continuing to serve our clients,” said
Hunter.

Hunter graduated from Indiana University Southeast with a Bachelor of Science in Accounting. She is a member of American Institute of Certified Public Accountants (AICPA) and Indiana Certified Public Accountant Society (INCPAS). She also volunteers with Junior Achievement and serves as board treasurer for Silver Heights Camp. She was named as one of Southern Indiana Business Source’s 20 Under 40 in 2016 and received the INCPAS Community Service Award in 2019.

Rodefer Moss provides accounting and businesses consulting services in nine offices in Indiana,
Kentucky, Tennessee and Virginia. For more information, visit rodefermoss.com.

Town of Clarksville to Provide Jeffersonville Township Public Library $75,000

screen-shot-2018-08-20-at-11-59-56-amThe Town of Clarksville Redevelopment Commission approved the resolution and reimbursement funding agreement to provide the Jeffersonville Township Public Library $75,000 for purchasing and installing new technology equipment as part of their ongoing renovations and facility expansion project.

The Clarksville Branch of the Jeffersonville Township Public Library is undergoing an expansion project featuring a 1,723-square foot extension and an abundance of new technology. These renovations include: a large new meeting room capable of being partitioned into 2 smaller rooms, 3 new study rooms, a mobile laptop lab containing 10 laptops, 12 additional public computers, RFID and self-checkout capabilities, and new ethernet and HDMI cabling to provide internet connectivity to the area.

“I believe Clarksville is an example of how tax increment financing (TIF) can be used most effectively.” said A.D Stonecipher, Redevelopment Commission president. “TIF Districts need not be in competition with local taxing districts. Out of respect for the taxpayer, these districts can act as partners. I am very pleased that the Redevelopment Commission has agreed to unanimously support an upgrade to public library technology. Today, in an age of digital information, we still honor the vision of Thomas Jefferson who once wrote that public knowledge is the surest foundation ‘for the preservation of freedom and happiness.’”

The Clarksville Branch project will not only support the Jeffersonville Township Public Library’s mission to identify and meet the informational, entertainment, and technological needs of the community, but will also increase the availability and impact of the educational and other programs that prepare individuals to participate in the competitive and global economy.

“The library is most appreciative of the support from the Town of Clarksville Redevelopment Commission,” said Libby Pollard, director of the Jeffersonville Township Public Library. “The upgrades and addition of technology at the Clarksville Branch Library will help insure that the residents of Clarksville have access to the latest technology. We will also utilize a new mobile lab to teach classes on email, internet, and Microsoft Office applications such as, Microsoft Word. These classes will help Clarksville residents stay current with ever-changing technology.”

Home For The Holidays: The Smith Broady Team Can Help With That

screen-shot-2017-12-05-at-2-05-01-amSonya Broady vividly remembers when she and Leslie Smith decided to start Smith Broady & Associates, a mortgage company located in Southern Indiana. “We opened in June 2008 in the middle of the real estate downfall,” Sonya said. “Everyone thought we were crazy.”

Now, more than nine years later, there are five members of the Smith Broady team, and they recently relocated from their Blackiston Mill Road location in New Albany to a beautifully remodeled, homey office at 1114 E. Tenth St. in Jeffersonville.

“It’s been almost a three-year process to look for something and find a right price and location,” said Leslie, who shares the principal manager/co-owner title with Sonya. “We have succeeded because of our team. We are family. Now that we’re in our new spot, we’re hoping to grow even more.

Smith Broady & Associates

At Smith Broady & Associates, we keep the mortgage process Simple so you can focus on more important issues in your life. Our experienced loan officers will personally guide you through our five-step process

STEP 1: Loan prequalification

STEP 2: Mortgage loan application

STEP 3: Mortgage underwriting

STEP 4: Final conditions

STEP 5: Closing

Every step of the way, your Smith Broady & Associates loan officer will keep you informed of their progress toward the closing date. With the large inventory of affordable homes on the market, this is a wonderful time for first-time homebuyers to purchase a home.

At Smith Broady & Associates, we look forward to earning your business and becoming your preferred mortgage company for all your home purchases. From starter homes to dream homes, we’re there for you.


Smith Broady & Associates

1114 E. Tenth St.

Jeffersonville

912.941.0926

smithbroady.com