Farm406

13 farm406 is article was wrien by Edward Jones for use by Michael Plummer, Edward Jones Financial Advisor. Edward Jones, Member SIPC down on your existing debts and avoid taking on new ones whenever possible. You can motivate yourself by measuring your progress – at the beginning of 2022, record your total debts and then compare this figure to your debt load at the start of 2023. If the numbers have dropped, you'll know you were making the right moves. • Don't overreact to the headlines. A lot can happen during a year. Consider inflation – it shot up in 2021, but it may well subside in 2022. If you changed your investment strategy last year to accommodate the rise in inflation, would you then have to modify it again when prices fall? And inflation is just one event. What about changes in interest rates? How about new legislation coming out of Washington? And don't forget extreme weather events, such as wildfires and floods. Any or all of these occurrences can affect the financial markets in the short term, but it just doesn't make sense for you to keep changing the way you invest in response to the news of the day. Instead, stick with a strategy that's appropriate for your goals, risk tolerance, and time horizon. You may need to adjust this strategy over time, in response to changes in your own life, but don't let your decisions be dictated by external events. ese aren't the only financial resolutions you can make – but following them may help you develop positive habits that can help you face the future with confidence. Michael Plummer 1321 8th Ave N • Ste 101 • Great Falls, MT 59401 406-727-7433 Financial Advisor Financial Advisor Eric Borggard, CFP ® 720 River Dr S • Ste 300 • Great Falls, MT 59405 406-727-3427 www.edwardjones.com Member SIPC

• Cover