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Lewes, Delaware
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December 15, 2017     Cape Gazette
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December 15, 2017

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NEW CONSTRUCTION | LEWES GREAT LOCATION! | LEWES Situated East of Rt. 1 near downtown Lewes, canal & State Park! Home features first floor master, private 2nd floor loft, screened porch, hdwd floors, & more! (723785) $419,900 Enjoy gorgeous pond view from this 4BR, 3BA, home in Plantations East! Home features first floor master, open concept floor plan, gourmet kitchen & more! (725011) $479,000 246 Rehoboth Avenue Rehoboth Beach, DE 19971 RBRE.COM 302-226-6417 (direct) 302-227-3883 (main) UPDATED HOME|WOLFE POINTE NEWLY RENOVATED | RBYCC Newly renovated home features inverted floor plan, 4BR, 2.5BA, gourmet kitchen, hardwood floors, vaulted ceilings, gas fireplace, screened porch, flex space & more! (722387) $539,900 This 4BR, 4.5BA, 3,800 +/- SF home is situated on 1+/- acre lot and features wide plank pine hdwd floors, open floor plan, wood trimmed ceilings, & more! (725112) $779,000 GRANDE AT CANAL POINTE Like new townhome features 4BR, 4.5BA, hickory hardwood floors, updated kitchen, granite counters, soaring ceilings, finished basement & more! (723962) $529,000 COMMERCIAL - REHOBOTH AVE. PRIME LOCATION | REHOBOTH Sale is of real estate only, does not include business. Prime location on Rehoboth Avenue features 4,800SF plus full basement, elevator & much more! (725044) $1,799,000 Commercial opportunity on Rehoboth Ave. Three parcels totaling 15,000 SF with two buildings and one vacant lot. Potential for redevelopment. (713108) $2,450,000 LARGE HOME|CANAL CORKRAN This spacious 4,200+/- SF home features 6BR, 5.5BA, 3 master suites, 3 gas fireplaces, soaring ceilings, gourmet kitchen, hdwd floors, & much more! (724159) $1,475,000 THE ULTIMATE BEACH HOUSE | NORTH SHORES Exquisite home in the coveted community of North Shores! Home features 6BR, 6BA, hardwood floors, gourmet kitchen with stainless steel appliances, elevator, outdoor pool and hot tub, 2,000 bottle wine room, 4,400 SF of decks, 2 car garage & more! (722703) $2,695,000 JUST STEPS TO THE BEACH | HENLOPEN ACRES Enjoy ocean breezes from this beautiful Henlopen Acres’ location only steps from the Henlopen Acres Beach Club. This spacious and charming home is situated on arguably the best building lot in Henlopen Acres and features 6BR, 5BA, & 3,930 +/- SF. (715161) $2,650,000 VACANT LOTS AVAILABLE 133 Blackpool RBYCC $849,000 RBYCC Final Phase Rehoboth Beach $289,000 - $899,000 129 S. Washington St. Commercial | Millsboro $129,900 PRICE REDUCED! Wade Thompson, AAMS® Financial Advisor 19323 Lighthouse Plaza Blvd Unit 5 Rehoboth Beach, DE 19971 302-227-2771 Member SIPC Thank you for supporting our Toys For Tots drive & drop-off now through December 15th. Cape Gazette BUSINESS & REAL ESTATE FRIDAY, DECEMBER 15 - MONDAY, DECEMBER 18, 2017 41 F inding just the right portfolio to help you ac- complish your goals can be a daunting task. Fortunately, in 2017 there have been rela- tively few asset classes which have not had positive perfor- mance. Just about any strategy employed has yielded positive results. If you watch the finan- cial news, you may hear terms like "goldilocks" and "optimal" when describing the economic environment. While there is some validity to that term when referring to the current busi- ness environment, the purpose of this article is a bit different. When we find ourselves in such an environment, strategies that might not be optimal for the long run can all of a sudden ap- pear to be suitable. I have written before about the dangers of human nature. The inherent behavioral biases humans are blessed with, when assisting them in making invest- ment decisions, can unfortu- nately have some catastrophic results. After watching nine years of positive stock mar- ket gains, capped off with the potentially most historic year in market history, you can rest as- sured the way in which we view our portfolios has probably changed. Very rarely in history has the stock market had a year in which there has not been at least one negative month. You would have to go back to the ‘50s to find a similar period. But that has been the story of 2017, thus far. Through the end of October, every month has finished in the black (or green) and we have yet to experience a greater than 3 percent decline. So, to say it is historic would be an understatement. We are in practically uncharted waters. The danger with a historic market such as the one we are in, is that from Jan. 1 until now there is a large portion of the investing population that has felt a shift in risk tolerance. Seeing the daily price appre- ciation on the news, hearing people say things like "Goldi- locks," "Trump-trade" and other wonderful one-liners all give us the feeling of being left out unless a significant portion of our funds is fully invested in the markets. That may continue to work out if the market contin- ues to go up. It's not going to be so great when the markets inevitably decide to go back down. The unfortunate truth of the matter is, until we have some sort of market correction, a potentially flawed process and fundamental mistake in invest- ing will potentially continue to yield good results. Allowing such an environment to tempo- rarily put you at ease, or make you more comfortable being more aggressive, can potentially be a significant mistake. Those who are at or near retirement, especially, probably cannot handle significant volatility from a financial standpoint and certainly not from an emotional perspective. A severe correction or downturn will likely cause Bad strategies with good outcomes – investing in 2017 Robert S. Jeter II INVESTMENT » Continued on page 42