Stamford American (Stamford, Tex.), Vol. 83, No. 29, Ed. 1 Thursday, October 21, 2004 Page: 3 of 10
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Chad Plumlee on his way to winning round one in the calf roping at the Pro-Youth Finals in
Stephenville last month. He finished 2nd in the average at the finals. He also placed 2nd in the
first round in the break-away roping. ( had also competes in Region 3 of the Texas High School
Rodeo Association. He is a junior at Stamford High School and X the son of Alan and Terri
Plumlee.
SHS School
News
(kt. 20. Wednesday-EXIT
TAKS, Seniors only Math
Oct. 21, Thursday-EXIT
TAKS, Seniors only Social
Studies. 7th & 8th football (</
C-City-5:00 p.m. JV football
here (a> 6:(X) p.m.
Oct. 22, Friday - EXIT
TAKS, Seniors only Science;
Varsity Football (a Colorado
City-7:3O p in.
Oct. 23, Saturday-Cross-X
Debate workshop
Oct. 25, Monday-Distnct
Cross Country Meet (a C-
City. County 4-H show here
(it! Vocational Bldg. 4:00-6:00
Sagerton
Hobby Club
The Sagerton Hobby Club met
October 14 for their monthly
meeting. Jane Rowan, Haskell
County Home Demonstration
Agent, brought a delightful pro-
gram on "Apron Strings.” She
told about the many supersti-
tions and wives tales about
aprons. Then she read a poem
“Mama’s Apron.” That brought
back good memories. Each
member of the Club brought
their aprons to show and tell
about; from fancy party aprons
to well worn utility aprons.
Joyce I.eFevre made small
United Way of Stamford Update
The United Way of Stamford
is steadily climbing toward their
Real Estate, Farmer’s Coop
(Jin, Faulks Refrigeration, (iem
Baez, First State Bank, Stam-
ford, TX, 773-3755.
crochet hats for us to decorate
with ribbon and Howers and use
as a pin cushion. Christene
Stremmel made delicious re-
freshments.
$14,000 goal. According to Liz
Baez, Campaign Treasurer, the
campaign donations to date to-
tal $7,450.
The United Way of Stamford
appreciates the generosity of the
following businesses: Ag Crop
Insurance; Bearden Photogra-
phy, Bethel Willing Workers,
Bunk ley Drug, Clark & Cobb.
PC, Creative? Designs, Ekdahl
Freshman Destiny Jones takes
off to catch up with the other
bicyclers as they head off to
their journey.
Drilling, Hokanson Insurance,
Jones-Haskell Grain Coop.
Sconce Plumbijig, Stamford
Insurance Agency, Stamford
Tire & Appliance. Tankersley
Funeral Home, Just Cuttin' Up,
and the Stamford Kiwanis ( lub
Donations can be sent to
United Way of Stamford, Box
I. Stamford. IX, 79553. For
further information, contact Liz
Good Luck at District
Cross Country
Bulldogs and
Lady Bulldogs!
October is Cooperative Month
Big Country Electric Coopera-
tive is one of 48,000 coopera-
tive businesses celebrating Co-
operative Month during Octo-
ber.
Big Country Electric Coopera-
tive employees and board of
directors are a part of the com-
munities they serve. Providing
electric service the “cooperative
way”*distinguishes electric co-
operative from the investor-
owned electric utilities. All
across the nation, electric co-
operative people are involved in
activities such as safety pro-
grams at schools, sponsoring
local stock shows, and helping
wrth community projects.
During the month of October,
people from every type of co-’
operative celebrate Their
achievements.
B114.Y John
Edwards
for
District attorney
Jones & Shackelford Counties
Justice Integrity Experience
Pol. Ad. Pd. by Billy John Edward* Campaign, 9728 CR 217 Avoca, 79503 Tana Tankersley, Treasurer
Explicit Hair &
Tanning
124 W. Hamilton
773-3953
r Look Good Nowl^li
I ---|
No Sweat Tanning Booth with
New Bulbs - $6.95 H/C’s
Call or Walk in
fto
Thunk You for Reading the
Staniford \meican scud us your
news to: newsfr/ ashncws.com
K----------- I' ■"I-..........._ll_.__l._l
Effective November 1,2004
Ray Neil Gibson, D.O.
will be opening his family practice at
I
Anson \:aniUy wellness C linic
215 N. Avenue J
Anson, Texas 79501
• ' 1
Dr. Gibson will begin accepting appointments
on October 11, 2004.
••
I •
Call (325) 823-3209
to make your appointment.
Thursdsay, October 21,2004 - Page 3
i
Financial
Focus
By: Gary Decker
Avoid Putting Too Much Company
Stock in 401 (k)
Here’s a scary statistic: Nearly 58 percent of Enron employees’
401(k) assets was invested in Enron stock as it fell 98.8 percent
in value during 2001, according to the National Association of
Securities Dealers (NASD) And here’s a still more frightening
piece of information'. Even after the fall of Enron. many employ-
ees have even larger percentages of their,401(k) assets in their .
company stock than Enron employees did.
Of course, Enron was an extreme example, most companies
don’t flame out in that fashion Yet. almost all companies go through
ups and downs and, if you’re overloaded on company stock,
these “downs’! can take a pretty good whack at your 401 (k)
balance.
To complicate matters, your employer may use various meth-
ods Io encourage you to make company stock a significant part
of your 401 (k). For one thing, you may be able to buy the stock
tor less than the current market price and it’s hard to resist the .
temptation of a “good deal " Also, you may be able to defer a
higher percentage of your salary to your 401 (k) tf you're buying
company stock And your employer may even choose to make
matching contributions in stock, rather than cash
You need to be aware of this potential institutional "bias" lo-
,ward using your employer’s stock in your 401 (k). Even if your
company truly is worth investing in, you'll be doing yourself a
favor by limiting your exposure to company stock In fact, many'
experts recommend that you limit company stock to no more
than 10 percent of your 40l(k) portfolio.
Diversify, diversify, diversify... Io avoid getting "bogged
down” with company stock, you'll need to make a conscious
effort to spread your 40l(k) dollars among the various invest-
ment options in your plan. Diversification is the key to invest
men! success outside your 401 (k land it’sjust as important within
your plan, too.
Fortunately, most 401 (k) plans have expanded their investment
choices in the past decade or so. Depending on your plan, you
could easily have a dozen or more options, including pooled in-
vestments containing stocks or bonds, money market accounts,
and guaranteed investment contracts (a type of investment that
offers preservation of principal and a fixed rate of return).
With all these choices, how can you know the proper way to
diversify your 40l(k)? Actually, there’s no one “right" answer
lor everyone. To effectively allocate your assets inside your 401 (k).
you need to take into account your tolerance for risk and your
time horizon So. for example, if you are by nature an aggressive
investor, you'll probably want to weight your 401 (k) more heavily
toward 4herM0ck accounts. Also, if you're just starting out tn
ytxur eahJCt*. you have a lot of time to overcomi; wy “down*'
periods in the market, so you might want Io invest more aggres-
sively than you would if you were nearing retirement. It’s a good
idea to review your 401(k) asset allocation at least once a year to
see ifil still fits your needs and goals.
(Jet the most from your 40l(k)...By looking beyond your
company's slock, and by allocating your assets across a range of
investments, you can help ensure that your 401(k) will pay off
for you when it counts during your retirements
Bank-issued. FDIC-insured to $100,000
I yp.tr Minimum deposit $0,000
*Amal tactrtip YWd (APY)-lnww cannot rwntln on <kpt»K ptrtodk. payout
of Hoist to raplrad Early wiMrawl Is not parmltM EflactW00/00/00 Subpct
towatliUbtyandprUdangi It*amount Rniwdhan a sal*of« CD a current
mortal may be lass tan amount intMly Imastod
Gary Decker
106 S. Swenson St.
Stamford, Texas 79553
325-773-2709
www.edwardjones.com
Member SIPC
i
Joe McMeans
108 S. Swenson St.
Stamford, Texas 79553
325-773 5667
Edward Jones*
Staniford American -113 E. Mcllarg St. 325-773-3621
$2.00 to send first page .50 every page thereafter
$1.00 to receive first page .50 every page thereafter
VIOXX- RECALL
Heart Attacks. Strokes A Deaths
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Call TaH Frat 1-80I-4W-4878
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Davidson, Brian. Stamford American (Stamford, Tex.), Vol. 83, No. 29, Ed. 1 Thursday, October 21, 2004, newspaper, October 21, 2004; Stamford, Texas. (https://texashistory.unt.edu/ark:/67531/metapth1186688/m1/3/?rotate=90: accessed July 18, 2024), University of North Texas Libraries, The Portal to Texas History, https://texashistory.unt.edu.; crediting Stamford Carnegie Library.