August 24, 2022 Issue, Page 10 of 10

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10 - The Beckham County Record August 24, 2022 Cowboy Church To Be Held In Elk City Rfd-Tv Speaker Will Present At Beutler Bros. Arena Elk City - Russ Weaver, co-host of Cowboy Church on RED- TV, will speak at a cowboy church service on Sept. 4 at 8 am at the Beutler Bros. Arena, as part of the Elk City Rodeo. Weaver's Cowboy Church program on RED-TV is a weekly half-hour show seen in 150,000 homes a week. He is pastor and founder of Shepherd’s Valley Cowboy Church in Egan, Texas and president of Cowboy Church Fellow- ship, planting new and revitalizing rural churches. He was a PRCA tie-down roper for eleven years, is founder of the Racetrack Chaplaincy of Texas, and home missionary chap- lain for the rodeo and horse racing industries. He has been married to his wife Anna for 38 years. They have three sons: Levi, who is married to Heather; Jordan, who is mar- ried to Lacey, and Shea, their youngest son, who received his RED-TV conta Church co-host Russ Weaver will speak at eternal promotion in 1997 after a car accident. the Cowboy Church service on Sept. 4 at Beutler Bros. Arena Weaver will also speak at the Red River Cowboy Church in in Elk City. Courtesy photo. Mangum at 10:30 am Sept. 4. Go-to place; Elk City is annual vacation for Texas family Elk Cityis a special place for three people from Tex- as. Amarillo residents Terry and Suzanne Braddock and their daughter Tera, make several trips from their home in Amarillo to Elk City each year. ‘And they rarely miss the Elk City Rodeo, Providing items For the past eight years, the family has made the trek every Labor Day week- on the school end to Elk City to the ro- deo. supply list for ‘They got started visiting Oklahoma for a car show in Clinton. They'd heard elementary students about the rodeo, so when the car show didn’t happen, they started coming to the a —_ ‘The women of The Sayre United Methodist Church made it rodeo. Tera Braddock dresses as a “soda fountain jerk” at the Route 66 Museum in Elk City. She, along their mission to provide school supplies to children in Pre-K The Braddocks come up with her parents Terry and Suzanne, make regular trips from their home in Amarillo, Texas, to Elk through Sth grade. Pick up was at the Methodist Church and on Thursday or Friday of City for the rodeo and other events. Photo courtesy Suzanne Braddock. many families were served. They had enough supplies for ap- rodeo week and attend the proximately 125 children. first two nights of rodeo. rants in town, going to the there. We love (the town.) It’s for the three of us to do to- During the day, they sight- If you knowa child still in need for supplies contact the see, visiting new restau- museum and Ackdey Park and beautiful. It’s a wonderful lit- gether. We make a lot of mem- church at 580-928-2146. riding the carousel and the tle place” train. But Terry's job at a car deal- ories and take alot of pictures. In the evening, they arrive It means a lot to us every year.” Should you own bonds ership, plus two other daugh- at the rodeo grounds early ters and nine grandkids, keep This year’s Elk City Rodeo is enough to buy their tickets, the Braddocks near Amarillo. September 2-4, with perfor- then walk around the rodeo ‘The Braddocks have attend- when interest rates rise? grounds, seeing the Sand- mances each night at 8 pm. ed rodeos in the Amarillo area, er Ranch longhorns and the but they consider the Elk City Tickets range in price from As you know, the stock throughout the life of your also offer you some favorable horses and bulls, before taking rodeo the best they've seen. market has attracted a lot of bond, which can help you plan reinvestment opportunities. their seats. “It's a lot bigger and more $9-$18. attention - and for good rea- for your cash flow and spend- If you own bonds of varying “We get there early so we get well-presented,” Suzanne said. They can be purchased at son, as we've seen consider- ing. durations — short-, interme- the same seats every year,” Su- “It’s very professional. You Circle A Western Wear, at the able volatility almost from theDiversification - As you've diate- and long-term — you zanne said. can tell the committee works beginning of the year. But ifprobably heard, diversifica- should regularly have some ‘The Braddocks visit Elk City hard.” ticket booth at the Beutler you own bonds, or bond-based tion is a key to successful in- bonds maturing. And in an in March for Tera’s birthday, Tera, who has special needs, Bros. Arena, and at the gate. mutual funds, you might also vesting. If you only owned one environment such as the cur- and sometimes come for a loves everything about it, her For more information, visit have some concerns. However, type of asset, such as growth rent one, you can reinvest it’s important to understand stocks, and the stock market “day-cation,” Suzanne said. mother said. “She loves the ro- the rodeo’s website (www.Elk- the proceeds of your expiring “We do Elk City a lot,” she said. deo and the music,” Suzanne why bonds should continue to went into a decline, as has short-term bonds into new “That's our go-to place.” said, noting that Tera is a CityRodeo.com) or its Face- be an important part of your happened this year, your port- ones issued at potentially Terry and Suzanne love the people-person who loves to book page. portfolio. folio likely would have taken higher interest rates. By do- town so much, they've con- serve others. To begin with, let’s look at a big hit — even bigger than For more information, visit ing so, you can potentially what’s happened with bond the one you may have experi- provide yourself with more sidered moving there. “Let me But the Elk City Rodeo is tell you,” Suzanne said, “my a special event for the Brad- www.ElkCityRodeo.com.Su- prices recently. Inflation has enced. But bond prices don’t income. Also, by owning a mix heated up, leading the Federal always move in the same direc- of bonds, you'll still have the husband has looked at houses docks. “It’s a lot of family fun zanne Braddock. Reserve to raise interest rates tion as stocks, so the presence longer-term ones working for to help “cool off” the econo- of bonds in your portfolio — you, and these bonds typically my. And rising interest rates along with other investments, (but not always) pay a higher typically raise bond yields such as government securities interest rate than the short- — the total annual income that investors get from their and certificates of deposit — er-term ones. can help reduce the impact It might not feel pleasant to “coupon” (interest) payments. Rising yields can cause a drop of volatility on your holdings. see the current value of your in the value of your existing (Keep in mind, though, that bonds drop. But if you're not bonds, because investors will by itself, diversification can’t selling them before they ma- want to buy the newly issued guarantee profits or protect ture, and you take advantage bonds that offer higher yields against all losses in a declining of the opportunities afforded than yours. market.) by higher yields, you'll find And yet, despite this pos- Reinvestment opportuni- that owning bonds can still be sible drop in their value, the ties - As mentioned above, avaluable part of your invest- RS: bonds you own can still help rising interest rates and high- ment strategy. BDM Mud + Bank of Westem OK » Boomtown Gril you make progress toward er yields may reduce the value This article was written by Ed- Buffalo Creek Boutique * Canyon Oilfield Services «:City of Elk City ward Jones for use by your local __Guiver Electric » Doug Gray Dodge Dr. Pepper Batting Co. your financial goals. Consider of your current bonds, but ward Jones* Bk Gty ACE Home Center these benefits of bond owner- this same development may Edward Jones Financial Advisor. Ekk Git Chamber of Commerce » Farm Credit of Western OK First National Bank» Feds Steakhouse » Galea Future Outlet. \ ship: Great Plains Analytical Services » Great Plains Bank Income — No matter what Geet rae ieee ie ae happens to the value of your Edward Jones oe aloe’siis & Spirits+ Lucky Stat Casino * OERB lly Aut | tere ile» Poe Fanns » Rothe Bs. ne bonds, they will continue to Sonic Daemre* SoiMechattical » Smith Title & Closings Sparklignt provide you with income, in MAKING SENSE OF INVESTING - : OF CHAMPION: Terry's Fumiture Showroom * Tractor Supply » Trailer Tec the form of interest payments, Edward Jones, Member SIPC For more info: 405.317.7161 until they mature, provided Tickets go on sale Aug. 29 od the issuer doesn’t default — 2014 W. 3rd | Elk City, OK 73644 at the arena ticket office and na and defaults are generally un- at Circle A Western Wear 8 P.M. NIGHTLY >» likely with investment-grade bonds (those rated BBB or cee (880) 225-3156 Ealadeseptember 3-°40am—— higher). Your interest pay- wntown Elk City, OK "200-607-6150 - 500-225-2005 J ments will remain the same Financial Advisor [email protected]