Chamber’s Wake Up Breakfast Delivers Philanthropy; Medical and Financial Insights

by Sharon Aron Baron April 15, 2025

by Sharon Aron Baron April 15, 2025 2 minutes read

38Shares

Chamber’s Wake Up Breakfast Delivers Philanthropy; Medical and Financial Insights

The Coral Springs Rotary Club presents a check to the Chiera Foundation at Tuesday’s Chamber breakfast. {Sharon Aron Baron}

The Coral Springs Coconut Creek Regional Chamber of Commerce hosted its monthly Wake Up Breakfast, bringing together local professionals for a morning of networking, financial education, and a generous act of philanthropy.

On Tuesday, the breakfast featured several speakers, including Dr. Elizabeth Franzmann, an otolaryngologist from the University of Miami who addressed cancer awareness. The Rotary Club of Coral Springs also presented a $45,000 donation to the Chiera Foundation for NICK’s Camps, an initiative that provides uplifting experiences for children battling cancer.

The event continued with an informative and timely financial presentation by Beverly Provost, wealth advisor at FR Financial Advisors LLC. Her discussion on investing came at a critical moment—just days after former President Donald Trump imposed sweeping tariffs on nearly all imports, only to pause most of them within a week.

“This kind of economic uncertainty is exactly why understanding the market is so important,” Provost told attendees, presenting historical market data dating back to 1926 to emphasize the long-term benefits of investing. She explained how inflation erodes the value of cash held in traditional bank accounts and advocated for a diversified investment strategy, highlighting the importance of balancing stocks with treasury bonds and cash savings.

“The S&P 500 has historically returned around 10 percent annually,” said Provost, adding that when combined with bonds and smart diversification, long-term investors can realistically expect 6 to 7 percent in returns over time.

She also stressed the importance of not letting fear guide financial decisions. “Don’t invest emotionally,” Provost warned. “Buying high and selling low is the exact opposite of what you want to do.”

Beverly Provost, wealth advisor discussing recent trends in the stock market.

Whole Body Dietitian Nutriiton Counseling

Addressing recent market volatility caused by political and economic news, she reminded attendees that the stock market is fundamentally driven by business, not politics. “Markets react to uncertainty,” she said. “But they also recover and rise over the long term.”

Her advice for those concerned about short term expenses: keep short-term savings in high-yield savings accounts or CDs, not the stock market. “If you need the money within a year, it shouldn’t be in the market,” she cautioned.

Provost concluded by encouraging attendees to avoid speculative investments and instead focus on low-cost exchange-traded funds (ETFs) that provide broad exposure to both domestic and international markets.

Send Your News to Coral Springs’s #1 Award-Winning News Site Here. Don’t Miss Parkland Talk, Tamarac Talk, Coconut Creek Talk, Margate Talk, and Sunrise FL Talk.

Author Profile

Sharon Aron Baron

Editor of Talk Media and writer for Coral Springs Talk. CST was created in 2012 to provide News, Views, and Entertainment for the residents of Coral Springs and the rest of South Florida.