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Time for Some Financial Spring Cleaning


Spring is here – which means it’s time for some spring cleaning. This year, in addition to tidying up your surroundings, you may also want to clean up your financial environment – and some of the same moves may apply.

For starters, get rid of “clutter” you may find in your investment portfolio. If you have too many of the same type of investments, consider selling some and using the proceeds to buy others that may help fill out your portfolio.

Also, just as may find new uses for existing items when you’re sprucing up your home, you might be able to “repurpose” some of your investments. For example, if you are taking stock dividends in cash, consider reinvesting them to increase the shares you own.

Finally, spring cleaning also gives you a chance to establish new habits to avoid future problems. As an investor, you can also develop some positive habits, such as “paying yourself first” by investing regularly each month.

Doing some financial spring cleaning today can help improve your prospect for achieving your important goals tomorrow.

This article was written by Edward Jones for use by your local Edward Jones Financial Advisor.

MICHELLE DENOYER (815) 255-2395 Channahon

NATE ALBERT (815) 836-8089 Crest Hill

EDWARD J. DOLLINGER (815) 744-2127 Joliet

RONALD T. MOLO (815) 439-8221 Joliet

MARK E. KARNER (815) 744-2742 Joliet

SETH A. WORMLEY (815) 254-1735 Joliet

SETH COOPER (815) 725-5401 Joliet

NICHOLAS J. TYRELL (815) 744-2127 Joliet

TERRANCE B. SPIVEY (815) 744-2742 Joliet

RYAN M. SHARP (815) 838-6004 Lockport

NICHOLAS G. FRONTERA (815) 838-9084 Lockport

THOMAS R. CROSBY (815) 524-4568 Lockport

BEN SISK (815) 467-9632 Minooka

MATT SCHIMANSKI (815) 254-5448 Plainfield

MARY KAY HRDINA (815) 436-9696 Plainfield

PAUL A. KALAFUT (815) 744-8150 Shorewood

ADAM UNDERHILL (815) 630-4377 Shorewood

DEAN A. SHEPHERD (815) 476-6856 Wilmington