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Cape Gazette
Lewes, Delaware
Jim's Towing Service
December 11, 1998     Cape Gazette
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December 11, 1998
 

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44 - CAPE GAZETYE, Friday, December 11 - December 17, 1998 Nassau Vineyards to host holiday hospitality Dec. 15 A night of seasonal cheer is plannedfrom 5 to 9 p.m., Tuesday, Dec. 15, at Nassau Valley Orchards in Lewes. Wine tasting, a selection of gift items and wreath-making demonstra- tions will be featured. Winemaker Joel Wermi will also be on hand to answer questions and give tours of the wine cellar. The Cape Roe6 is back, and the vineyard will be introducing a new Nine, Peach Ambrosia. There will also be discounts and savings galore. For more information, call 645-9463. Chamber Continued from page 43 Dewey Beach, was not present to receive his award and will be hon- ored at a later date, said Meoli. The chamber named Rehoboth's Cheryl Blackman its "Volunteer of the Year." Blackman was presented with a new bicycle for her efforts as the area's No. 1 saleswoman for Sea Witch 50-50 raffle chances. For more information, call the chamber at 227-2233. Jen Elttngsworth photo Atlantic Sands, Breakers donate to Cape Band trip Atlantic Sands Hotel and The Breakers Hotel presented the Cape Henlopen High School band with $1,000 for its trip to London for the New Year's parade. Shown at a recent check presentation are (l-r) Katie Cahill, general manager of Atlantic Sands; Delores Gue, treasurer of the band boosters; and Karen Francis, general manager of The Breakers. Financial Continued from page 43 potential for the future. Then, hold your investment for the long term. What is a mutual fund? The fi- nancial dictionary defines' a mutu- al fund as one operated by an in, vestment company that raises money from shareholders and in- vests it in stocks, bonds and other securities. The fund uses divi- dends and earnings from these in- vestments tO pay dividends to its shareholders. In simple terms, when you in- vest in a mutual fund, your money is pooled with other people's money and invested in various in- vestments such as stocks and bonds. One of the greatest things about mutual funds is that they al- low investors with even relatively small sums of money to partici- pate in the financial markets. To- day, there are more than 5,000 mutual funds, and they collective- ly represent more than $1 trillion in assets. One of the main benefits of in- w,sting in mutual funds is the di- versification they provide. Mutual funds typically own 100 or more different investments. Although diversification reduces risk by spreading it across a number of in- vestments, it does not eliminate risk completely. The performance of the investments held by the mu- tual fund will cause the market value of the mutual fund to fluctu- ate. Because of this, the share price of the mutual fund is calcu- lated daily. A mutual fund must redeem its shares on any business day. That means you can sell your mutual fund shares any time you wish, but the price you receive for those shares will be the current market price, which could be more or less than your original share price. Anthony Egeln is an investment representative with the financial services firm Edward Jones. He is a retired naval officer and a grad- uate of Rutgers University. He can be reached at the firm's Lewes of- fice on Second Street at 645-7710. 00,>4ITTINGER & RObR,00, la Lawyers .... Commitment is something we prove every day. MARGARET R. COOPER IS NOW INTERVIEWING NEW CLIENTS IN THE REHOBOTH BEACH/LEWES OFFICE OF THE LAW FIRM. FIRST UNION Bank Building (FORMERLY COPE STATES) 4602 HIGHWAY ONE" 227-1400 THIS MOBILE HOME WANTS TO SAVE YOU MONEY! Have you grown tired of paying lot rent and not getting much in return? This 3 BR, 2 BA doublewide in RIVERBREEZE will build value over Ihe years and pro- vide a delightful permanent residence or a get-away-from-it-all place for you and your family. It is super dean and, since the furniture is included, is ready and waiting. Call for more detags. $82,500. HERRING CREEK ESTATES A great home for the first-time buy- er, retiree, vacation spot, or a per- manent residence awaits its new owners in HERRING CREEK ESTATES - Is it you? 3 BR, 2 BA, LR, DR, screened rear porch, and attached garage make this an excellent buy. Make your appoint- ment Soon because it is only S125,000. OCEAN HOUSE If you want a place where you can be on the beach within 2 minutes, then this first-floor unit in prestigious OCEAN HOUSE is the place to be. 2 BR, 1 BA and convenient to down- town Lewes, State Park, and com- pletely furnished means you just have to bring along your personal items and move right in. $165,000 PORT LEWES This Pod Lewes townhome consists of 3 BR and 2 1/2 BA and is adja- cent to the pool. The waterfront o community has its own beach area, : ' .... ..m;. pool, tennis courts, and fishing pier.  Cape Henlopen State Park, with its  trails, bike paths, nature center, and ...... " .......................... beach is nearby. Make your appoint- ment today. $232,000. ::: .i,i "' ........... PRETTY HOME IN LEWES W' 5 BR and 3 BA, this pretty home in Lewes has plenty of room for your family and friends. It would make a great rental, vacation spot or a delightful residence, With the upgrades in place and within walking distance to downtown, t/nat more could you ask for?. Easy to see and only $15,o.