HDTenEightyP/NetNews huggingface dataset:
From: ed@introl.introl.com (Ed Zhong)
Newsgroups: misc.invest
Subject: Re: farmland as an investment
Date: 17 Aug 92 18:57:04 GMT
Article-I.D.: introl.1992Aug17.185704.29725
Organization: Introl Corp.

In article <1992Aug14.194940.25836@mcnc.org> peters@mcnc.org (Charles Ross Peters) writes:
>
>>With all these gloom and doom news, I have been thinking to buy
>>some farm land for real long term investment (well, more like
>>insurance against total economy collapse).  My reasoning is that,
>>when all fail, i.e. FDIC, U.S. bills/notes/bonds all go bankrupt,
>>I can go back to my couple hundred acrs of good farmland and raise
>>crops, wait till the total Depression is over.
>>
>>	Does it make any sense?  
>>	Has anyone invested in farmland and can share some views?
>>	Any recommendation about books on farmland investment?
>
>As someone who (in partnership) owns some midwest farmland my view
>is that I expect land prices to go even lower than they are now
>before they get back to the record prices that good farmland sold for
>in the late 1970s.   As a historical perspective, the best farmland
>in the midwest was valued at more than $4,000/ acre in the mid to late
>'70s'.  Today the same land is selling for about half that price.
>

There are three ways to go bankruptcy - to gamble, to buy options or to
own a farmland. 

--ed
-- 
-------------			-----------------
||	Ed Zhong 		||	I make my money work for me.
||	ed@introl.com		||	I work to make my money work for me.
Newsgroups: misc.invest
From: aa536@cleveland.Freenet.Edu (Alayne M. Whaley)
Subject: Phar-Mor
Reply-To: aa536@cleveland.Freenet.Edu (Alayne M. Whaley)
Organization: Case Western Reserve University, Cleveland, OH (USA)
Date: Thu, 20 Aug 92 15:34:13 GMT


Anyone know if this Youngstown-based chain is public?

-- 
Alayne M. Whaley            ! "Don't hold back.  Can't you see?  All I need
aa536@cleveland.freenet.edu !  is your sweet loving.  The magic's in your 
-----------------------------  eyes.  You've got me hypnotized."
                                       "Don't Stop" - Lionel Richie
Newsgroups: misc.invest
From: Baxevanis@ncbi.nlm.nih.gov (Andy)
Subject: Re: credit cards
Followup-To: misc.invest,from.socal.com
Organization: NIH
Date: Wed, 19 Aug 1992 12:24:51 GMT

A good place to look for low-interest cards is Money Magazine.  They list
five low-interest cards each month, both with and without annual fees. 
They
also list the telephone numbers of the banks so that you can call for an
application.  Remember that the lowest rate cards only go to the best of
customers, so even though there are good deals to be had, you might not 
necessarily qualify for them.  

Another easy thing to do, as silly as it may seem, is to just talk to your
own bank -- many times, they'll give their own long-time customers very
good deals on credit just for the asking, in the interest of a good
customer
relationship.  These won't necessarily be as good as what you'll find
in Money, but will be easier to get.
From: McAldon International Inc. <mcaldon@igc.apc.org>
Newsgroups: misc.invest
Date: 17 Aug 92 19:56 PDT
Subject: Re: Is there a frequently-asked-questio
Nf-ID: #R:1992Aug16.205745.3980@leland.sta:-641073446:cdp:1426500245:000:847
Nf-From: cdp.UUCP!mcaldon    Aug 17 19:56:00 1992


|Likewise, I am also very interested to put some money in mutual
|funds/etc, and I will appreciate advice on creating a personal
|investment portfolio. I have recently obtained prospectus/application
|forms from Fidelity, Vanguard, Scudders, Benham, Janus, Twentienth Century,
|uand Kaufman, and despite following some of the discussions in the net
|recently, I still don't feel comfortable about making a final decision -
|my overall knowledge in this area is very, very limited.  Thanks in advance.
|Abdur

There are plenty of folks on this group able and willing to answer SPECIFIC
questions.  Better yet, wrong answers are quickly corrected.  But vague
problems don't invite useful answers.  DMcKenzie

|    mcaldon@igc.org     |     Debunking is a wonderful pastime     |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||

Newsgroups: misc.invest
From: titmas@chdasic.sps.mot.com (Eric Titmas)
Subject: Re: Wanted: Gvnt Grant Info
Originator: root@mogate.sps.mot.com
Organization: SPS
Date: Thu, 20 Aug 1992 19:17:11 GMT

In article <1992Aug18.020703.717@nmsu.edu>, rscott@spock.NMSU.Edu (Joseph Good) writes:
|> 
|> Help!
|> 
|> I'm trying to start up a music production business, and am having 
|> trouble financing (no credit, no co-signer, sigh), and would like
|> to know where I can get into on government grants and loans for
|> small business.
|> 
|> Anybody out there ever used them before?  I've seen them advertised
|> all over, but never tried them out yet.
|> 
|> Also, if anybody out there knows how to raise about $15k in order to 
|> start a business, could you give me some pointers?

Get a job and save.

It's disgusting that my money is taken(taxes) and given to people like you (gov.
grants & loans for small bus.). 

We need a revolution!
-- 
Eric Titmas      Motorola ASIC       titmas@chdasic.sps.mot.com               

It is impossible to take in more money than Congress can spend.  - Thomas Sowell
From: suneel@mips.com (Suneel Jain)
Newsgroups: misc.invest
Subject: New members needed for investment club
Date: 19 Aug 1992 21:56:47 GMT
Organization: MIPS Computer Systems, Sunnyvale, California
Distribution: ba
NNTP-Posting-Host: limca.mips.com
Originator: suneel@limca.mips.com


I am a member of an investment club that is looking for a couple of
new members (partners). The club was formed 14 months ago and is 
structured according to the NAIC (National association of investment 
clubs) guidelines. The club has over $10,000 in assets that are all 
invested in common stocks. The primary goal of the club is to learn 
about the stock market by discussing/analyzing/investing various stocks.
The minimum contribution amount per member is twenty dollars per month.

All the current members live in the south bay area (San Jose, Fremont, 
Cupertino, Danville).  We meet once a month at each member's house by 
rotation. 

If you are interested in joining, please respond by email or by phone.

Suneel Jain  [ suneel@mips.com, 408-524-8041(O), 408-259-5331(R) ]
-- 
Suneel Jain 

EMAIL :	suneel@mips.com 
USMAIL:	Silicon Graphics, Inc., 928 Arques Avenue, Sunnyvale CA 94088-3650.
Newsgroups: misc.invest
From: jlee@shearson.com (Jeff Lee)
Subject: Re: Arbitrage
Organization: Lehman Brothers, NY
Date: Thu, 20 Aug 1992 22:00:33 GMT

In article <1992Aug20.103030.3474@wvnvms.wvnet.edu> un026217@wvnvms.wvnet.edu writes:
>Hi, netters:
>
>I have read about arbitrage. I understand it is only
>for big money. How big chunk of cash is needed to do
>it? Is it realistic for a individual investor to do
>arbitrage on options, warrents, perfered stocks etc.
>(excluding high risk ones such as "take over")?
>
>	Thanks in advance, Bo Wang

The average time window for one to take advantage of an arbitrage
is around 15 seconds, if there is one at all.

The way arbitrage works is that the prices of a certain asset
are different in one exchange than another one and the arbitrager
will buy the lower price and sell higher price in the two different
exchanges.  this is low-risk cash in-flow.  But remember, 
you have the first one to see the 15 seconds window.

The reason why a BIG investor will benefit is that his commission 
will be low for a large block trading.  the price differential is
usually very small.

Have fun,



--
......................................................................

jlee@shearson.com
Believing that it can be done is half of the task and the first step 2.
Newsgroups: misc.invest
From: veeduh@leland.stanford.edu ()
Subject: Charles Givens Organization
Organization: Stanford University, California, USA
Date: Sat, 22 Aug 1992 03:47:50 GMT

What does anyone know about the Charles Givens Organization?  Is the
information useful?  Is it worth the money?  Is it a sham?

Please respond to my address because I don't read this newsgroup very often.

Thanks!
Newsgroups: misc.invest
From: ask@cbnews.cb.att.com (Arthur S. Kamlet)
Subject: Re: A few Options Questions
Organization: AT&T Bell Laboratories,  Columbus, Ohio
Distribution: usa
Date: Mon, 17 Aug 1992 03:27:43 GMT

In article <s442006.713840058@yorku.ca> s442006@nexus.yorku.ca (Vahe Ohan) writes:
> I have another question regarding options on stocks :
>  - How do you calculate the primium which you are going to pay get 1 option 
>    contract. (i.e: If XYZ stock was trading at $28 and Sep Call is 
>    trading @ 0.60 Cents/contract. How much do I have to pay to get this
>    call contract ?????

The premium is listed and/or available by quote system.  But the
broker's commission could be large.
That's between you and your broker.

My broker charges approx  $8.75 + 3.85 mailing fee = 12.60 to
write the XYZ Sep 30s trading at 3/8.

So I would get 100 * $0.375 = 37.50-12.60 = 24.10.

Not too great a deal, huh?

For an option  trading at $2 the broker would charge about $28.

But a far better  deal than another broker I deal with who asks
for a minimum of $50 for any trade!!!
-- 
Art Kamlet  a_s_kamlet@att.com  AT&T Bell Laboratories, Columbus
Newsgroups: misc.invest
From: rion@Ingres.COM (Rion Cassidy (x3357) OGT)
Subject: Re: Is Financial Planning worth paying for?
Reply-To: rion@Ingres.COM (Rion Cassidy (x3357) OGT)
Organization: Ask Computer Systems Inc., Ingres Division, Alameda CA 94501
Date: 13 Aug 92 02:49:28 GMT

In article <1992Aug12.015455.697@PA.dec.com> skk@tantalus.pa.dec.com (Stuart Kreitman) writes:
>My wife and I finally did something to maximize our pitifull
>nest egg- we met with a financial planner (IDS/Amex).
>After the meeting, we agreed that putting the data together and
>receiving a detailed plan and projection from them will
>be a good thing.

My experience with financial advisors is that they are biased towards
investments where they get a percentage of the return.  For instance, 
when I look into mutual funds they have always preferred the loaded ones
because they get a commision from the load.  If you were to choose a 
no-load fund they would get nothing and have to charge you by the hour.
They hate this though.  The last guy I went to said he would work on 
an hourly basis; my hope was that way he would be giving me the best
advise regardless of load vs. none.  But he kept saying "I can't make any
money that way..."

When I look at the advice that these guys have given me, I find that I 
could have gotten just as good or better advice from some of the better
magazines on investment.  Check out Kiplingers, Money, etc. At least that
way you'll some idea if the guy is competent or not talk to him.


Xref: sparky misc.invest:10637 misc.taxes:3003
From: dirk@richs102.cpg.trs.reuter.com (Derrick Tussing)
Newsgroups: misc.invest,misc.taxes
Subject: Re: Universal life insurance; liquidating policy
Date: 14 Aug 92 19:16:37 GMT
Reply-To: dirk@richs102.cpg.trs.reuter.com (Derrick Tussing)
Followup-To: misc.invest

In article <1992Aug10.235138.1@vaxb.acs.unt.edu>,Jhinuk Chowdhury
(ff76@vaxb.acs.unt.edu)
   writes:
|> I am considering liquidating an universal life insurance policy ...
|>
|> If I ...  withdraw the entire amount by
|> having the insurance company write me a check), I know that I will be liable
|> for income tax.  What I am NOT so certain about is how that income tax is
|> figured.  Will the tax be levied on the entire $1200?  Or should I
look at the
|> annual statement of accounts, add the annual totals for the interest
credited,
|> and apply my tax rate to the total amount of annul interest only
(which by the
|> way amounts to $375)?

Your safest bet is to contact the insurance company and ask them if the
interest
will be taxable. It is my understanding that if the interest rate was
low (e.g., 4%)
then you will not have a tax liability. But if the rate was higher
(e.g., 8%) a small
portion might be taxable.  

Good luck


Dirk Tussing                    dirk@cpg.trs.reuter.com
From: bakken@cs.arizona.edu (Dave Bakken)
Newsgroups: misc.invest
Subject: Re: is it time to invest in Japan?
Date: 21 Aug 92 17:30:42 GMT
Organization: U of Arizona CS Dept, Tucson

In article <1992Aug19.162020.21431@sierra.com> shannon@sierra.com (Shannon Maher) writes:

>  As far as the dollar-yen play goes, you have it backwards, unless you
>are assuming that the dollar is going even lower.  You would like to buy
>when the dollar is strong, thus purchasing more units in foreign
>denominated goods, then sell when the dollar is low, since this will
>give you more dollars back.  The fact that the dollar is currently low is 
>an argument against buying.

Yes, the dollar is down lately.  I recall seeing a plot versus
the Morgan Stanley index over the last two decades or so.
It is at about the same level as it was at the start, and
in the middle it is up maybe 20%.  The current level is
near postwar lows for the Dmark and presumably other
currencies as well.

But the question is not so much where is it historically, 
but what will the next decade or two hold in terms of
economic performance, fiscal policy, etc. among the
various countries.  I think that this is what will
be a big factor in if the dollar will go up or down
in the long run, not the fact that it is near historical
lows.  I myself think  it may well go lower unless
we can raise productivity and cut our huge budget deficit.
But I could be all wet, of course.

Thinking a currency is unlikely to go down just because
it is historically low is much like the fallacy of
thinking that a stock can't go lower just because
it has dropped a lot.  

Comments?
--
Dave Bakken                               Internet: bakken@cs.arizona.edu
Dept. of Computer Science; U of Arizona   Voice:    +1 602 621 4089      
Tucson, AZ 85721; USA                     FAX:      +1 602 621 4246
The fact that you're paranoid doesn't prove they're *not* out to get you.
Newsgroups: misc.invest
From: sdl@linus.mitre.org (Steven D. Litvintchouk)
Subject: Re: Tax-Free Mutual Funds?
Organization: The MITRE Corporation, Bedford, MA
Distribution: usa
Date: Thu, 20 Aug 1992 17:26:44 GMT


In article <Bt7EnH.2Iz@taligent.com> cep@taligent.com (Christophe Pettus) writes:

> I'm looking at a prospectus for a tax-free mutual fund.  It invests in
> California state and municipal securities, and as such is more or less
> state and federal tax-free.
> 
> It appears to be an excellent deal.  There's no commission or load, the
> return of the fund has been typically much better than a CD of the
> equivalent amount (even before the tax savings are taken into account),
> the liquidity is excellent (any amount, any time).
> 
> In fact, it's such a good deal that I'm quite certain I'm missing
> something.  What is it?  Anyone have any experience with such a thing?

The average maturity of tax-exempt bond portfolios is typically rather
long.  Thus they will experience a capital loss if interest rates
rise.  This is likely, since interest rates have probably fallen about
as far as they are going to.  In a rising interest rate environment,
tax-exempt money market funds make better sense.



--
Steven Litvintchouk
MITRE Corporation
202 Burlington Road
Bedford, MA  01730

Fone:  (617)271-7753
ARPA:  sdl@mitre.org
UUCP:  linus!sdl
	"Where does he get those wonderful toys?"
From: un026217@wvnvms.wvnet.edu
Newsgroups: misc.invest
Subject: Stock split???
Date: 14 Aug 92 14:26:55 GMT
Organization: West Virginia Network for Educational Telecomputing

Hi,

I just got a letter from the company I hold stock saying:
They are going to have a 3 to 2 split in form of 50% cash
payment. What do they mean by 50% cash payment?


Thanks in advance, Bo Wang
Newsgroups: misc.invest
Subject: Re: WANG stock
From: cctr114@csc.canterbury.ac.nz
Date: 20 Aug 92 08:51:18 +1200
Organization: University of Canterbury, Christchurch, New Zealand

In article <1992Aug19.182947.28023@novell.com>, bradley@novell.com (Brad Soe) writes:
> 
> I don't know if this is another Chrysler, but Chrysler employed so many
> people that it would have been detremental to the economy. 

I can remember Milton Friedman saying that the government should have let
Chrysler go bankrupt. His opinion was that bailing out Chrylser was bad
for the economy as it took capital away from more productive sectors.
I find Friedman too extreme for my liking, but he does have followers
in high places.
 
> Brad
> 
-- 
                                                                      ___
Bill Rea                                                             (o o)
--------------------------------------------------------------------w--U--w---
| Bill Rea, Computer Services Centre| E-Mail       b.rea@csc.canterbury.ac.nz |
| University of Canterbury          | or         cctr114@csc.canterbury.ac.nz |
| Christchurch, New Zealand         | Phone +64 3 364-2331 Fax +64 3 364-2332 |
------------------------------------------------------------------------------
From: sarwate@uicsl.csl.uiuc.edu (Dilip V. Sarwate)
Newsgroups: misc.invest
Subject: Re: Wall Street Week WITH LOUIS RUKYSER
Date: 18 Aug 1992 14:09:06 GMT
Organization: Center for Reliable and High-Performance Computing, University of Illinois at Urbana-Champaign
NNTP-Posting-Host: uicsl.csl.uiuc.edu

Comedian Mark Russell once said that his own show was second only to Louis
Rukyser's Wall Street Week as the longest-running regularly scheduled comedy
program on PBS.
From: hanrahan@sequent.com (Tom Hanrahan)
Newsgroups: misc.invest
Subject: Bond Questions
Date: 13 Aug 92 21:53:24 GMT
Organization: Sequent Computer Systems Inc.

I read an article in my local paper this morning about yesterday's
10-year note auction.  It raised several questions for me.  Here's a
quote from the article to start with:

	"The notes will carry a coupon interest rate of 6 3/8
	 with each $10,000 in face value selling for $9,916.30."

Questions:

	1)  I know that the bids received for the auction determine 
	    the coupon interest rate and discount selling price, 
	    but how exactly are these values calculated?

	2)  What is the maximum a 10-year, $10,000 note can be
	    discounted?  (My guess is the interest paid for
	    1/32 on $10,000 over 10 years minus one cent. Otherwise
	    the coupon rate would move to 6 13/32?)

	3)  I know when you submit a bid you have two choices, a 
	    competitive bid and a non-competitive bid.  With the 
	    competitive bid you can specify the discount price you
	    want.  Can you specify a coupon rate instead?  How does
	    someone go about determining what discount or rate to
	    offer? 

Another quote:

	"A total of $11 billion in notes sold out of bids totaling
	 $25.2 billion."

Questions:

	4)  It seems like a lot of bidders did not get notes in the
	    auction. Is this correct?  Would this auction be
	    considered, 'well received' as they say?

	5)  Did all of the non-competitive bids get accepted first?

	6)  What would be a typical ratio of
	    non-competitive/competitive bids at such an auction?

There seems to be a lot under the old saw "when rates go up bonds go
down, and when rates go down bonds go up."

-- 
Tom Hanrahan	           	
hanrahan@sequent.com
From: jcyu@barney.esl.com (Jeff Yu)
Newsgroups: misc.invest
Subject: Re: Forbes yearly mutual fund issue
Date: 22 Aug 92 00:49:51 GMT
Organization: ESL Inc., Sunnyvale, CA

As has been pointed out the Forbes Mutual Fund Special Issue is already out.
I saw it in our company library and on the newstands Thursday.
You should also check out the new issue of Kiplinger's Personal Finances
(formerly Changing Times, I believe) -- it is also a Mutual Fund Special issue.


-- 
Jeff Yu					Advanced Systems Laboratory
jeff_yu@smtp.esl.com			ESL Inc.
"The opinions expressed here do not necessarily reflect those of anyone at all."
Newsgroups: misc.invest
From: scott@phylo.life.uiuc.edu (Scott Howard)
Subject: Re: is it time to invest in Japan?
Organization: University of Illinois at Urbana
Date: Tue, 18 Aug 1992 16:03:26 GMT

The Tokyo stock market is very sensitive to Japanese Real Estate
Prices, and your return is also predicated on the dollar/yen
exchange rate. Given that the dollar/yen exchange rate is a historic low,
and that the Japanese Real Estate Bubble has a long way to go, the
answer is: NO!

This ignores the fact that export sales from Japan are WAY down,
as well as the fact that Japan's economy is going to be in the toilet
for the next year, at the very least.

Long term, I don't think Japan is as much of an economic powerhouse as
the media would have you think. If the world commodities market ever
recovers, they'll really be in for it, given their utter lack of natural
resources. Canada, Australlia, the U.S., Saudi Arabia, and (eventually)
Russia aren't going to put up with giving away their resources with no
value added forever.

P.S. I think you have the dollar/yen play idea reversed. When the dollar
goes up in value against the yen, yen-denominated securities will
buy fewer dollars.
Newsgroups: misc.invest
Subject: Re: Annual Reports : how to get?
From: gary@cdthq.UUCP (Gary Heston)
Date: Sun, 16 Aug 92 00:18:18 CDT
Organization: Garys' Home for Obsolete Computers

salim@tigger.cs.Colorado.EDU (Salim Alam) writes:

> What is the easiest way to get annual reports from a publicly
> traded company (short of buying the stock) ? 

Call them, ask for whoever handles shareholder relations, and ask for
a copy. Companies like people who are interested in buying their stock.

Gary Heston, at home....
gary@cdthq.uucp
From: root@sickbay.austin.ibm.com
Newsgroups: misc.invest
Subject: Is Financial Planning worth paying for?
Date: 12 Aug 92 14:14:18 GMT
Organization: ttmar Ltd., Austin

>My wife and I finally did something to maximize our pitifull
>nest egg- we met with a financial planner (IDS/Amex).
>After the meeting, we agreed that putting the data together and
>receiving a detailed plan and projection from them will
>be a good thing.
>On the other hand, we are very cautious, anal(ytical) folks.
>We do our own taxes. It takes us twice as long, but we are sure
>of every number. Are there a few basic books and programs to
>help us understand how to reach our financial goals? I'm open
>to suggestions.
>tia!
>skk
 IMHO, NO ! But let me explain. I have known many financial planners and
 like critters. The difference between the broker and a planner is that
 at least, the broker promises to make you money, the planner is much more
 "honest" he/she will not do such a think. The financial planner will only
 try to maximize and save and reallocate (mostly very safe, hence low yield
 instruments) and CHARGE A FEE !!! Well, the last item is my problem.
 I would pay for someone to make me money, if someone tells me that I need 
 a plan (!) and it will only be using my already existing funds, I say no.
 By the way, a person who really needs a planner is a very rich person, who
 just want to hold onto what he/she got. If you are very rich, ignore this
 posting, otherwise here is my FREE financial plan for you. Save as much
 money as you can !!!  Never buy a new car ! Buy low, sell high !
 and good luck !           :-)
 AMN
Newsgroups: misc.invest
From: hajadi@goofy.csd.sgi.com (Ivan Hajadi)
Subject: Is BANYAN a public company now ?
Organization: Silicon Graphics, Inc., Mountain View, CA
Date: Tue, 18 Aug 1992 22:17:47 GMT



a couple weeks ago i heard Banyan is going to make IPO with $10.50/share.
did already happen now ?

thanks.
--

/* Ivan, hajadi@sgi.com */

Newsgroups: misc.invest
From: yoon@meaddata.com (Yoonho Ha)
Subject: Investment Club
Organization: Mead Data Central, Dayton OH
Date: Thu, 20 Aug 1992 13:27:11 GMT

A month or two ago, someone was considering starting an investment club via
this group.  I was wondering what the status of that was.  Has any progress
been made.

-- 
|Yoonho Ha                       (513) 865-1305| If at first you  |
|Mead Data Central            Data Enhancements| don't succeed,   |
|9555 Springboro Pike         yoon@meaddata.com| redefine success |
|Miamisburg, Ohio 45342 ...!uunet!meaddata!yoon|                  |
|______________________________________________|__________________|
Newsgroups: misc.invest