January 15, 2022 Issue, Page 5 of 8

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5 January 15, 2022 Lifestyle Leadership Elk City now cccepting applications for Class VIII Who’ll lead the community and are now actively engaged elk ciTy ”Experience Elk City from opportunity!” Commerce is organizing its Leadership Elk City Program, in 10 years? Who’ll run your company in 15? What experi- throughout our community. elk ciTy JAil log These are some of the recent within—Join Elk City Leader- ship!” Kyle Evans…”My big take away was having my eyes next leadership class and is ac- cepting applications for Class participants will have devel- JAil log oped a network of in-depth ence will school board mem- comments from graduates of Rob Stephens…”Leadership, opened to the inner workings VIII. Through once a month relationships with everyday bers of tomorrow have and will Leadership Elk City about the the class you didn’t know you of our city. There is much go- sessions, selected adult partic- people of various backgrounds they be qualified to lead? Will class: needed!” ing on behind the scenes that ipants in Leadership Elk City they know leadership and will Kristi Chervenka… Bradley Hyatt…”Leadership I was unaware of and it has will receive an intensive ex- from throughout the com- they have visionary leadership ”Leadership requires sacrifice. Elk City has been an eye open- been beneficial for me to un- amination of Elk City, how it’s munity and will have gained a experience? If so, who taught This class encourages you to ing experience on how our city derstand.” developed and what drives it. deeper insight and knowledge them? step up and make sacrifices for is run. Not being from Elk Stephanie Ellis…”I have be- New perspectives for creative of leadership skills and com- Perhaps it was learned our city. BE THE LEADER!” BeckhAM co. City, I enjoyed having the op- come more confident in myself leadership will be developed munity issues. Plus, gradu- through Leadership Elk City, a program of the Elk City Cham- BeckhAM co. Sumer Dupree…”Leadership Elk City provides the perfect portunity to get to know our JAil log community, it made me proud and better able to delegate to others. I learned more about with the goal of giving partici- pants the foundation needed ates will be equipped and en- couraged to tackle personal, ber of Commerce. Through Leadership Elk City Classes JAil log opportunity for knowledge and growth within yourself to live and work here. Don’t just be a part of our city…be how much goes on behind the scenes in the City and how well to expand leadership roles in the work, community and professional and community one through seven, a total of and your community.” involved with our city! Lead- it is done.” their personal environment. concerns in a positive manner. 82 individuals have graduated Robert Rodgers… ership Elk City gives you that The Elk City Chamber of Applications are available at Leadership Elk City will pre- the Elk City Chamber of Com- pare, involve and sustain lead- merce, but hurry because class ers from diverse backgrounds size is limited, the application Should inflation affect your process is competitive and the deadline is noon on January to be committed and compe- tent to address community and professional challenges investment moves? 21. The class is open to any adult with Elk City ties, either living while improving the quality of life in the community and in As you know, inflation heat- stock market typically do bet- matures. But these payments tion drops, though, your prin- or working in Elk City. A class their personal lives. ed up in 2021, following years ter than others during infla- stay the same, so, over time, cipal and interest payments of only 10-12 participants will Make a difference – bring of pretty stable – and low – tionary times. Companies that rising inflation can eat into will decrease, but you’ll never be selected to join this distin- out the leader inside you! numbers. And now, early in can pass along higher costs to your bond’s future income, receive less than the original guished program for 2022. Contact Susie Cupp, Execu- 2022, we’re still seeing elevat- consumers due to strong de- which may also cause the price principal value when the TIPS The deadline for completed ap- tive Director of the Elk City plications for LEC Class VIII is ed prices. As a consumer, you mand for their goods – such of your bond to drop – a con- mature. Talk to your financial Chamber of Commerce for an Friday, January 21 at noon at may need to adjust your activi- as firms that produce build- cern if you decide to sell the advisor to determine if TIPS application at 580-225-0207 the Chamber office, 102 South ties somewhat, but as an inves- ing materials or supply steel bond before it matures. The may be appropriate for you. Main. or pick one up at the Chamber tor, how should you respond to or other commodities to other impact of inflation is especially Ultimately, inflation may At the conclusion of the office, 102 South Main. inflation? businesses – can do well. Con- sharp on the price of longer- indeed be something to con- First, it helps to know the causes of this recent inflation- versely, companies that sell term bonds because of the sider when managing your in- nonessential goods and servic- cumulative loss of purchasing vestments. But other factors Four Family Estate ary spike. Essentially, it’s a case es, such as appliances, athletic power. – especially your risk toler- And Downsizing Sale of basic economics – strong de- apparel and entertainment, However, Treasury Inflation- ance, time horizon and long- mand for goods meeting inad- may struggle more when prices Protected Securities (TIPS) term goals – should still be January 21st and 22nd 8:30 am to 5 pm equate supply, caused by mate- are rising. can provide some protection the driving force behind your rial and labor shortages, along Of course, it’s still a good idea against inflation. The face investment decisions. A solid Cowboy Plaza, 315 E 1st St. Butler, OK with shipping and delivery log- to own a variety of stocks from value, or principal amount, of investment strategy can serve Furniture Vintage Dishes jams. In other words, too many various industries because it each TIPS is $1,000, but this you well, regardless of whether Vintage Kitchen Pots And Pans dollars chasing too few goods. can help reduce the impact of principal is adjusted based on prices move up or down. Once the supply chain issues market volatility on any one changes in the U.S. Consumer Items Décor begin to ease and consumer sector. And to help counteract Price Index. So, during periods This article was written by Ed- Dinner Sets Bar Stools spending moves from goods the effects of rising prices, you of inflation, your principal will ward Jones provided by Robert Vintage Camera Office Items to services as the COVID-19 might also consider investing increase, also increasing your Stephens of Edward Jones Finan- Collection Healthcare Items pandemic wanes, it’s likely that in companies that have a long interest payments. When infla- cial Advisor. inflation will moderate, but it track record of paying and rais- Many Items To Numerous To Mention! may still stay above pre-pan- ing stock dividends. (Keep in Free coffee, come see what’s happening! demic levels throughout 2022. mind, though, that these com- Given this outlook, you may panies are not obligated to pay want to review your invest- dividends and can reduce or Edward Jones, Member SIPC ment portfolio. First, consider discontinue them at any time.) stocks. Generally speaking, Apart from stocks, how can stocks can do well in inflation- inflation affect other types d Jones | 2014 W. 3rd | Elk City, OK 73644 ary periods because compa- nies’ revenues and earnings of investments? Think about bonds. When you invest in a Robert Stephens | F (580) 225-3156 | r Check out our FB page Caring Transitions of Weatherford may increase along with infla- bond, you receive regularephens in- |(580) 225-3156 Financial Advisor | [email protected] or Website www.caringtransitionswfdok.com for details. tion. But some sectors of the terest payments until the bond Oil & Gas Report for the State of Oklahoma for Jan. 4 - 10, 2022