May 14, 2022 Issue, Page 3 of 10

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May 14, 2022 Pictured are Cassie Chervenka, Terri Chervenka, Hud- nett, and Jason Redd. | t nm Pictured are Blake Dustin, Marty Maddox, Warnke, and Jeff Waters. Pictured are Jamie McClure awarding Ashleigh Sims with the Billy Khourie Scholarship. Pictured are Addison DeLeon and Jason Smith with Poole and McSparrin. Pictured are Carol Spieker and Poole. Randy Logan Memorial Scholarship - Saxon Poole Brown and White Randy Logan graduated from Elk City High Schoo. He was a great student and at- Market decline offers buying opportunities Continued from page1. tended OSU, where he was electrocuted in a Homecoming Pat Sprowls PEO Memorial things by example. He would accident in Stillwater. He was Scholarship - Bailey Carpen- do lunch duty and wipe down an active FFA student. ter the table for the cooks because Joe Britton Memorial Ma- ‘The financial markets have number of shares you own in the same amounts in the same Pat Sprowls was the librar- he didn’t feel like they needed sonic Scholarship - Alivia gotten off to a rocky start this your various investments and investments on a regular basis, ian at Carnegie Library. She to do that after working in the Jeter year. What's caused this vola- such as monthly. When prices hold them for the long term. had three children that went kitchen all morning. Joe Britton was born and tility? And does it present op-While the market will always go down, you'll automatically through high school and grad- Art Harris GPB Memorial raised in western Oklahoma. portunities for patient inves- fluctuate, the long-term trend buy more shares, and when uated here. She was a founding Scholarship - Dustee Warnke He lived through the Dust tors? has been positive, particularly prices rise, you'll buy fewer member of Chapter GX of PEO. ‘The scholarship is in honor Bowl and World War II. He was for well-diversified portfolios shares. (However, systematic Jennifer Hooks Memorial of a local hero and CEO of aman of many stories, he lived Scholarship - Dustee Warnke Great Plains Bank. He embod- First of all, several factors are built with quality investments. investing does not guarantee Jennifer hooks was an Elk ied community with his innate along life. behind the market volatility, Thomas, Pauline and Bar- including the war in Ukraine, a profit or protect against loss City Junior High student ability to connect with every- Of course, while it is a good passed away from ovarian can- one he met. He took the time bara Miller Scholarship Sax- higher inflation, rising interest idea to boost your share own- and you'll need to be willing cer at a young age. The family to get to know a person on the on Poole and Macy McSparrin rates and the lingering effects ership at favorable prices, to keep investing when share you still want to be strategic prices are declining.) felt a real connection to the re- other end of a handshake and Thomas, Pauline Miller and of the COVID-19 pandemic. cipient of the award this year. more than likely him because their daughter Barbara Miller However, while these factors about it, rather than just buy- Jim Richardson Memorial he believed so much in oth- attended Oklahoma State Uni- may be specific to the recent Before this year, average an- versity. They lived modestly, ing whatever seems to be the Scholarship - Delaney Fletch- ers that he was known as the market decline, volatility it- biggest bargain. In reviewing nual returns have been solid er banker to take a chance. If you accounting for every penny self is acommon feature of the your existing portfolio, can for about a decade, which Jim Richardson was the and dime during their mar- Harris was dedicated to the investment environment. In principal of Northeast Elemen- community. riage of 56years, Their Endow- fact, history shows that correc- you identify any gaps that makes it somewhat easy to tary School and Pioneer School JJ. Cogburn Memorial ment Fund was established in could be filled with new invest- forget about normal market tions of 10% or more happen ments? Are there opportuni- volatility and may have led to until he retired. He’s been Scholarship - Landon Hester the late 1980s and the amount passed away about four years JJ. Cogburn passed away 20 is over $3 million each year go- about every year, and declines ties to further diversify your overly optimistic performance years ago. He was a young man ing to an Elk City senior enter- of 15% or more have happened holdings? By owning different ago due to complications of de- expectations. So, it would not who had the heart ofa lion and ing OSU in the agricultural as- every other year, on average. generative disc disease. He was types of stocks, bonds, gov- be surprising if your initial re- a man who believed in hard would fight fiercely for those signments and consumer and Furthermore, while 2022 has work and serving others. He who he felt needed to be pro- human science. thus far been challenging for ernment securities and other action to the current downturn investments, you can help re- is one of concern. But by view- did not think that any job was tected. As a football player, and NOTE: A complete list of investors, it was preceded by a duce the impact of volatility on ing the current investment en- beneath him, and he always he had dreams of going to col- awards will be availble in a later Jong period of strong markets, thought that he should do lege playing for the Sooners. edition. with the S&P 500 averaging your portfolio. (Keep in mind, vironment as a chance to add more than a 20% return over though, that diversification quality investments at attrac- ONLINE-ONLY can't guarantee profits or pre- vent losses in declining mar- tive prices, you can help your- the past three years. MULTI-PROPERTY AUCTION Knowing the typical fre- kets.) Or, if your portfolio has quency of market volatility self develop a behavior that become “unbalanced” in some can serve you well throughout BID NOW THRU THURS JUNE 9 * 6 PM CST and reviewing the results of way, you could also use this your life as an investor. the past few years may make time to rebalance it back to the current situation seem less its original long-term targets. This article was written by Ed- shocking. But you don’t have You might also consider set- ward Jones provided by Robert to simply “ride out” the down- ting up a systematic investing Stephens of Edward Jones Finan- turn — because a down market program in which you invest cial Advisor. may give you the opportunity to buy more investment shares at good prices. Specifically, Edward Jones you can expand your hold- MAKING SENSE OF INVESTING ings in companies that have good growth prospects due Edward Jones, Member SIPC to strong management and Hobart OK products or services that pro- 2014 W. 3rd | Elk City, OK 73644 vide sustainable competitive BufordResources.com advantages. And this type of est fr ful Bord Broker/ Auctioneer Christa8 opportunity is important, be- Robert Stephens (580) 225-31 56 independentlyo cause one of the keys to build- Financial Advisor [email protected] 405-833-9499 580-530-0023 ing wealth is to increase the