Your plain English guide to investment jargon

Definitions of 5 stock market terms you’ll want to know

By Jack Fehr for Next Avenue

Investment-Terms-web

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As the stock market continues its gyrations, now is a good time to buy an investment with a favorable NAV and alpha that keeps on giving while reducing beta.

Got that?

If not, don’t be embarrassed. Investment companies and financial advisers love to load up their materials with this kind of jargon. Too bad they don’t just say something like this (a plain-English translation of the first sentence in this article): “You might want to buy an investment that is likely to grow faster and experience less risk than alternatives.”

Well, some actually do, but many still don’t. If companies aren’t willing to talk to you in a language you understand, it’s up to you to decipher their financial-speak.


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Do you really need that knee surgery?

Experts disagree on whether it’s worth going under the knife

By Linda Melone, CSCS for Next Avenue

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You felt it on your last walk when you stepped off a curb the wrong way: a sudden pain and feeling as if your knee were about to give out. Swelling and more pain followed, along with worries that you may need knee surgery.

But would it even help?

A recent Danish review of studies published in the British Medical Journal revealed that people in their 50s and older who get arthroscopic surgery for knee pain show no lasting benefits.


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Achieving your dreams after 60

The authors of ‘Senior Wonders’ on the 3 P’s for Triumphant Aging

By Karen L. Pepkin and Wendell C. Taylor for Next Avenue

Credit: Getty Images

Credit: Thinkstock

The media abounds with negative views about the impact of aging on physical, cognitive, and financial well-being. In fact, there are entire industries that have emerged to counteract the effects of aging — nutritional supplements, hormone treatments, surgical improvements, lotions, potions, and the like. They all seem to underscore Bette Davis’ famous quote, “Old age is no place for sissies.”

What if there were another point of view? What if aging brought about, not decline but our greatest accomplishments? What if we looked at aging as Dr. Christiane Northrup does? She tells us that “getting older is inevitable, but aging isn’t.”


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Sorry, nobody wants your parents’ stuff

Advice for boomers desperate to unload family heirlooms

By Richard Eisenberg for Next Avenue

Credit: Getty Images

Credit: Getty Images

After my father died at 94 in September, leaving my sister and me to empty his one-bedroom, independent living New Jersey apartment, we learned the hard truth that others in their 50s and 60s need to know: Nobody wants the prized possessions of your parents — not even you or your kids.

Admittedly, that’s an exaggeration. But it’s not far off, due to changing tastes and homes. I’ll explain why, and what you can do as a result, shortly.


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Don’t let fear stop you from end-of-life planning

It’s natural to procrastinate, but make this a priority for your loved ones

By Debbie Reslock for Next Avenue

Credit: Getty Images

Credit: Getty Images

When I was in my early 20s, my mom was diagnosed with cancer. It felt like a one-two punch, since my dad had died unexpectedly a few years earlier. Although Mom tried chemotherapy, the results seemed to suggest that this was going to end badly, which it did — less than six months later.

During that time, her life became a mere shadow of what it once was. And yet no one, including her doctors, myself or my mom, ever talked about what was happening.

Only in the last few days did her doctor suggest to me, not her, that we were reaching the end of this painful road. And then he asked if I thought she’d be more comfortable at home or in the hospital. I remember how angry I was, unprepared to make this decision and wanting to scream, “Why are you asking me?” But of course when I got older, I realized the real question was why hadn’t any of us asked her?


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8 ways to give your investments a spring cleaning

Tax time is an ideal time to declutter your portfolio

By Kerry Hannon for Next Avenue

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Credit: Getty Images

Where I live in Washington, D.C., the pink magnolia trees are blooming, and the daffodils are intensely yellow and screaming springtime — just in time for the first day of spring, Sunday March 20.

It’s time to get out in the backyard to tackle garden cleanup… right after I finish my taxes this weekend. Which brings me to a more prosaic chore: Spring-cleaning is also time to clear out the clutter in my financial life, particularly my investments. And I think you should, too. (I’ll tell you how shortly.)

When I’m doing spring-cleaning for my portfolio, I check to see if I need to consolidate and sell extraneous and underperforming funds and stocks. I also do a goals checkup and tune-up to rebalance my investments, so I have the right asset allocation of stocks to bonds to provide the oomph needed to last a potentially long life.


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5 ways tech products will help us age better

A visit to CES 2017 turned up caregiving robots and vital sign ‘tattoos’

By Jim Pagliarini for Next Avenue

Tech-To-Age-Well-web

Caption: One of the many helpful robot prototypes at CES using voice recognition to assist humans with daily tasks.

It is the year 2025 and I have just celebrated my 85th birthday. I still live at home. This afternoon, I got into my self-driving car and went to my great granddaughter’s house for a visit. She introduced me to a group of her friends over lunch and I heard every word they said. I was a part of the conversation.  

Two weeks ago, I fell in the bathroom and within minutes, my son’s voice came over my watch to ask me if everything was ok. Last night, I sat in my massage chair, and asked “Alexa” to play the top musical hits from when I met my wife in college. I closed my eyes and it brought back wonderful memories.  

And although I technically live alone, I have one of the greatest companions I have ever had in my life — Tina, my personal assistant robot. Life ain’t bad.

Back to 2017 now: I recently returned from the annual Consumer Electronics Show (CES) in Las Vegas — the largest, electronics show in the world where the most innovative cutting-edge technology products are introduced each year. Nearly 200,000 people attended and wandered through some 2.47 million square feet of exhibit space.


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Are you getting enough protein? Too much?

How obsessing over protein could be harmful to your health

By Rashelle Brown for Next Avenue

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If you’re like me, you often find yourself confused by how many health headlines contradict one another. Lately, I’ve found this to be true where protein is concerned, particularly the protein needs of adults aged 50 and over.

In one study, published Jan. 1, 2015, in the American Journal of Physiology’s Endocrinology and Metabolism, scientists split 20 adults aged 52 to 75 into one group that consumed the U.S. RDA recommended level of protein, and another group that consumed double that amount, measuring levels of whole body protein at the beginning and end of the trial. While both groups maintained a positive protein balance (their bodies synthesized more protein than they broke down), the higher protein group ended up with a higher overall protein balance than the lower protein group. The news media jumped all over this, proclaiming that older adults should double their protein intake if they want to live long, healthy lives.


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Spring cleaning? Donate your items now

shutterstock_247916446Now that it’s warming up outside, it’s time to think about spring cleaning. As you identify the things you no longer need, consider donating those items to the annual Fort Scott Presbyterian Village fundraiser.

“You may look at it and see junk, but your neighbors may look at it and see a treasure in the form of a collectible, a useful tool or the start to a new hobby,” said Executive Director Ginger Nance.

Stop by 2401 S. Horton during regular business hours, as well as evenings and weekends, to drop off your donation. For pick-up and delivery of heavy items, call 620-223-5550 to make arrangements.

“Used hobby items are always popular at the auction, such as a golf cart or clubs you no longer use, fishing tackle, that boat that’s been sitting out back untouched for a few years, knickknacks and even some of those farm equipment pieces you don’t use anymore, such as a tractor, hay equipment and shop items,” Nance said. “The possibilities are endless, and everything will go at the auction, including that vintage jewelry you haven’t worn in years and the furniture pieces you plan to replace with your income tax return.”

Items do not have to be old. New items are appreciated as well. Do you have a vehicle or a four-wheeler that you haven’t driven in months or years? Consider furthering the mission of the Presbyterian Village and helping a person in need with your donation. All items donated for our auction are tax deductible.

Presbyterian Village’s annual dinner and auction will take place on May 17. Proceeds stay local and go to the Village’s Good Samaritan Program, which helps seniors who have outlived their financial resources through no fault of their own.

Historical Events in Fort Scott

shutterstock_522019972Meet the authors of historical books about Fort Scott at a free event March 9 at Presbyterian Village.

Jack Scott, a resident at Presbyterian Village, has published “History of Fort Scott Schools” in collaboration with Jessica Cook, director of the Fort Scott Chamber of Commerce, and Deborah Rhynerson. The book records the history of public, parochial and private schools in Fort Scott.

Fred Campbell, Don Miller, Arnold Schofield and Donald Banwart published “Fort Scott Kansas Then and Now.”

The authors will give short presentations followed by a book signing.

Call in advance to reserve your seat, as seating is limited. Call the Presbyterian Village business office at 620-223-5550 or email amrobinson@pmma.org.