Commun ty Matters Topeka Presbyterian Manor
April 2017
A plain guide to investment jargon By Jack Fehr for Next Avenue
As the stock market continues its gyrations, now is a good time to buy an investment with a favorable NAV and alpha that keeps on giving while reducing beta. Got that? If not, don’t be embarrassed. Investment companies and financial advisers love to load up their materials with this kind of jargon. Too bad they don’t just say something like this (a plain-English translation of the first sentence in this article): “You might want to buy an investment that is likely to grow faster and experience less risk than alternatives.” Well, some actually do, but many JARGON, continued on page 3
Meet Chelsea Watgen Our new director of sales and marketing With a background in music therapy, it might seem surprising that Chelsea Watgen has stepped into the role of Director of Sales and Marketing at Topeka Presbyterian Manor, but it’s not a surprising career move for her. “I’ve been here less than two months, but I love my job! I can’t imagine being happier anywhere else. I have a degree in music therapy from the University of Kansas and I’ve worked as a music therapist/life enrichment coordinator at other assisted living and long-term care communities. This position opened, and I wanted to expand my experience. I’m so glad I did!” said Chelsea. Chelsea loves having the opportunity to help others and to be an advocate WATGEN, continued on page 2