HDTenEightyP/NetNews huggingface dataset:
From: jm0i@ns1.cc.lehigh.edu (JOSEPH ALOYSIUS MCVEIGH)
Newsgroups: misc.invest
Subject: Re: Great American Recreation Corp (GRARE)
Date: 9 Sep 92 23:19:02 GMT
Organization: Lehigh University

shah@tay1.dec.com (Amitabh Shah) writes:

>[Hibbard, Brown] are in the same class as Used Car Salespeople, televangelists,
>and Republicans :-).

I'm a Republican. Used Car Salespeople, fine. Televangelists, no problemo.

But Hibbard, Brown?
-- 
-------------------------------------------------------------------------------
Joseph Aloysius McVeigh | "As an advocate of reason, egoism and capitalism,
jm0i@ns1.cc.lehigh.edu  |  I seek to reach the men of the intellect - wherever
      "N.I.N.A."        |  such may still be found."                [Ayn Rand]
-------------------------------------------------------------------------------
From: ar017@cleveland.Freenet.Edu (Nolan Whitaker)
Newsgroups: misc.invest
Subject: Re: Make 20-38% in Stock Market / year
Date: 8 Sep 1992 14:29:55 GMT
Organization: Case Western Reserve University, Cleveland, Ohio (USA)
NNTP-Posting-Host: hela.ins.cwru.edu


Concerning high dividend stocks, check the Tuesday issue of
The Wall Street Journal, page C1, article "Some Investors
Learning the Hard Way That Dividends Aren't Money in the Bank."

It basically reiterates the advice given here and adds a little
more info about how to determine whether or not a dividend is
safe (their advice: check out the dividend payout ratio-- % of
income paid in dividends).

Nolan
uk02728@ukpr.uky.edu
Newsgroups: misc.invest
From: Dave Dodson <dodson@convex.COM>
Subject: Re: LIVING TRUST
Originator: dodson@bach.convex.com
Date: Mon, 14 Sep 1992 19:00:01 GMT
Reply-To: dodson@convex.COM (Dave Dodson)
Organization: Engineering, CONVEX Computer Corp., Richardson, Tx., USA
X-Disclaimer: This message was written by a user at CONVEX Computer
              Corp. The opinions expressed are those of the user and
              not necessarily those of CONVEX.

In article <6873.96.uupcb@cccbbs.UUCP> henry.tan@cccbbs.UUCP (Henry Tan)  writes:
>I am wondering if there is someone who had drawn up a Living Trust. I
>had attended a seminar from "The Estate Plan" from the Comnpany run by
>Henry Abst III. Last week I went to one of Henry Abst places and also to
>a lawyer who specialized in estate planning. Any experiences if the
>Estate Plan by H. Abst is really good ? Are there any other companies
>that draw good Living Trust documents ?
>Any response is really appreciated in this confenference or by E-Mail.

I have had a revocable living trust for about 6 years.  Any good estate-
planning attorney should be albe to draw up a trust for you.  I suggest
you check with your local bar association for the names of several
attorneys who specialize in estate planning and then phone their offices
for an estimate of their normal charge for doing a revocable living trust.
It seems to me that there is a lot of boilerplate in a trust, so there may
be a wide variety of charges, depending on how much they charge for the stuff
specific to yourself vs. the boilerplate.

In my opinion (I'm not an attorney) you don't need a trust unless your
estate is large, say approaching $600,000 including all life insurance
policies you own and all other assets, OR unless you live in a state where
probating an ordinary will is expensive.  If you do have a trust written,
it does absolutely no good unless you transfer your all assets into it.
This is called 'funding the trust' and is what removes your assets from
the clutches of the probate court.

I have had a few hassles because of my trust, like an auto dealer not
wanting to write down a 25 word statement for the owner of the new car,
or a state form for boat registration that allowed only 40 characters
for name information.  I would have walked away from the auto dealer
if he hadn't come around, but there was nothing I could do with the boat
form except abbreviate and shorten the name of the trust.

----------------------------------------------------------------------

Dave Dodson		                             dodson@convex.COM
Convex Computer Corporation      Richardson, Texas      (214) 497-4234
Newsgroups: misc.invest
From: ask@cbnews.cb.att.com (Arthur S. Kamlet)
Subject: Re: Savings Bond Interest
Organization: AT&T Bell Laboratories,  Columbus, Ohio
Distribution: usa
Date: Mon, 14 Sep 1992 13:53:07 GMT

In article <1992Sep14.114539.15950@oswego.Oswego.EDU> colburn@oswego.Oswego.edu () writes:
>Could someone explain how interest works on EE bonds?  I know it is paid every
>6 months and assume the dates are based on the month of purchase.  Does it
>matter what day in the month you buy the bond?  Say I buy a bond today (9/14),
>Would I be wasting the 2 weeks interest I'd get if I waited till 9/30?  Would
>the interest be credited every 3/31 and 9/30? (So it'd be best to cash in on
>4/1 for 10/1)

The bond is always dated the 1st day of the month (even if the first
day is a holiday).
-- 
Art Kamlet  a_s_kamlet@att.com  AT&T Bell Laboratories, Columbus
Newsgroups: misc.invest
From: ed@odi.com (Ed Schwalenberg)
Subject: Re: Great American Recreation Corp (GRARE)
Organization: Object Design, Inc.
Distribution: usa
Date: Tue, 15 Sep 92 14:30:57 GMT

At least once a quarter, Forbes has an article talking about the latest
bucket-shop operator.  I don't know whether Hibbard, Brown or J.W. Gant
has been featured, but First Jersey got front-cover treatment at least
once.

Cold calls from brokers are rude.  Miss Manners to the contrary, they deserve
no polite response from the victim.  Interrupting the spiel with the words
"I'm not interested", spoken as your handset is being placed back in its cradle,
is a very good way of dealing with them.
From: aslt@acad2.alaska.edu
Newsgroups: misc.invest
Subject: Re: Economic effects of election results
Date: 14 Sep 92 13:50:12 GMT
Organization: University of Alaska

In article <9aut03BD7cwf00@amdahl.uts.amdahl.com>, fierro@uts.amdahl.com (Doug Fierro) writes:

[stuff deleted]
>>
>>>It depends how it's done, as opposed to any Sovietic scare-scenarioes
>>>that are popular around these parts.  In Canada, France and Germany,
>>>in the richer half of the G7 along with the U.S., our biggest question
>>>was how to reconcile the non-market and the market aspects of health
>>>coverage so we started and ended with just basic health insurance 
>>
>>I don't really think the U.S. is ready for a total nationalized health
>>care program.  At the present time about half of the expenditures for
>>health care are paid for with government funds (Medicare and Medicaid
>>primarily as well as most of the research).  A bulk of the remainder is
>>paid for by employer's, with a small percentage privately purchased by
>>individuals.  
> 
[more stuf deleted]

The best argument that I've heard against a nationalized (in the US, anyway)
health care system is that it would be designed and implemented by the 
same type of folks that brought us the Internal Revenue Code. 
Newsgroups: misc.invest
From: tony2@prefect.uucp (21131-gozdz)
Subject: Re: Savings Bond Interest
Organization: Bellcore, Livingston, NJ
Date: Mon, 14 Sep 92 16:32:46 GMT

In article <jaeastman-140992102651@jmac.msd.anl.gov> jaeastman@anl.gov (Jeff Eastman) writes:
>In article <1992Sep14.114539.15950@oswego.Oswego.EDU>,
>colburn@oswego.Oswego.edu wrote:
>> 
>> Could someone explain how interest works on EE bonds?  I know it is paid every
>> 6 months and assume the dates are based on the month of purchase.  Does it
>> matter what day in the month you buy the bond?  Say I buy a bond today (9/14),
>> Would I be wasting the 2 weeks interest I'd get if I waited till 9/30?  Would
>> the interest be credited every 3/31 and 9/30? (So it'd be best to cash in on
>> 4/1 for 10/1)
>> 
>
>Is it true that interest is only paid every six months?  So if a bond is
>held 2 years
>and 5 months it will only earn interest for 2 years?  This would be a
>bigger penalty
>than would be gained by buying the bond on the last day of the month (I
>know that
>it is true that the bond earns interest for the entire month even if bought
>the last
>day of the month)
>_______________
>Jeff Eastman
>jaeastman@anl.gov
>_______________

I just cashed 6 EE Savings Bonds from 9/91 to 2/92 and
received interest for all of them (I don't remember if
the interest rate was much different, but the bank
teller had to look up the interest for all of them
separately in a table.

Tony

-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-
Antoni S. Gozdz                tel  (908) 758-2931  |  Bellcore  NVC 3X-261
tony2@prefect.cc.bellcore.com  FAX  (908) 741-2891  |  Red Bank, NJ 07701, USA
                           no .sig, strictly business
From: coop@sybase.com (John Cooper)
Newsgroups: misc.invest
Subject: Why shark loans?
Date: 10 Sep 92 20:03:57 GMT
Distribution: usa
Organization: Sybase, Inc.

In article <1992Sep8.190258.18172@cbnews.cb.att.com> ask@cblph.att.com writes:
>                  ...And the two guys down the block who do have
>money to loan want it back by the end of the week at 50% interest.


The above comment in an unrelated post got me to thinking -- why would anyone
want to shark loans?

I don't see the percentage in it.  The chances are that most people can't
make their payment schedule without either excellent gambling wins or
committing a crime.  The former doesn't occur more than a small minority of
times, and the latter isn't much motivation to need a loan.  Maybe loan sharks
get some perverse satisfaction out of breaking legs, but from a financial
perspective it seems like a losing proposition.  Am I missing something?


--
John Cooper                               | My opinions, may not be employer's.
Sybase, Inc.                              |
                                          | "If you don't like the news go out
sybase!coop@sun.com                       | and make some of your own."
Newsgroups: misc.invest
From: ohumukin@spectra.com (Kawika Ohumukini)
Subject:  Business Checking and Credit Checks 
Organization: Spectragraphics Corporation
Date: Tue, 15 Sep 92 23:19:57 GMT

Hi,

I applied to Wells Fargo Bank for a business checking account and
they told they would run a credit check.

Q:  Why would a bank run a credit check to open up a checking account?

An information please email:

	ohumukin@spectra

Thanks and have a great day!

Kawika 


Newsgroups: misc.invest
From: acheng@ncsa.uiuc.edu (Albert Cheng)
Subject: Re: Fidelity Fund Options
Originator: acheng@shalom.ncsa.uiuc.edu
Organization: Nat'l Ctr for Supercomp App (NCSA) @ University of Illinois
Date: Fri, 11 Sep 1992 20:47:19 GMT


In article <Dmerrill-090992130325@47.140.3.216>, Dmerrill@bnr.ca (Dana Merrill) writes:
>James, I don't have any suggestions for you but you bring up a question
>that I have often wondered about.  It appears that you are allowed to
>invest your 401 in Fidelity. 
>
>My first question is whether or not you have to pay Fidelity's loads under
>a plan such as this.

My college offers 403(b) with Fidelity Funds options.  Fidelity waives
the load for any company/college with over 200 participants.  So, I
am not paying any load.

>...
>Anyone care to comment?  Is this done at other companies?  The plans 
>that I have been familar with generally offer the misleading 
>"Guaranteed" investment contract or GIC, the companies stock or some
>index fund.  (Another subject, but none of these are really "safe"
>if that is what a person wants; one company I know of just lost
>a large chunck with their GIC!!)

I can pick all funds in Fedelity except a few odd balls like precious
metal.  There is a fee of $12 a year ($3 a quarter) per fund but a
maximum of $36 a year even if I spread out my investment in 100 funds.
Newsgroups: misc.invest
From: rkaren@cbnewsl.cb.att.com (robert.karen)
Subject: discount broker - futures
Organization: AT&T
Distribution: na
Date: Thu, 10 Sep 1992 17:43:46 GMT

I recently bacame interested in futures options and contacted a company I saw
advertised in IBD with very low commissions. However, upon reading their
literature there is no mention of any insurance covering the brokeage. There
was, however,  a disclosure statement that in the unlikely event of a 
bankrupty, property would be returned on "your pro-rata share 
of all property available." Is this normal for futures brokers? 

Please email responses to me. Thank you.

PS Could someone recommend a good discount broker for futures options?
From: cdost+@pitt.edu (Constantin D Orogo)
Newsgroups: misc.invest
Subject: TIAA/CREF
Date: 11 Sep 92 17:02:50 GMT
Distribution: usa
Organization: University of Pittsburgh

Anybody out there know of or have any experience with TIAA/CREF. I'm
thinking of investing my 403(b) into their organization.

Thanks in advance,
Constantine Orogo
cdost+@pitt.edu
Newsgroups: misc.invest
From: yoon@meaddata.com (Yoonho Ha)
Subject: Investment Clubs 
Organization: Mead Data Central, Dayton OH
Date: Thu, 10 Sep 1992 17:26:48 GMT
Distribution: usa

Is there anyone in the Ohio, northern Kentucky, eastern Indiana area who knows
of and/or is a member of an investment club and is looking for new members?

-- 
|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
From: rich@haven.mitre.org (Rich Verjinski)
Subject: Re: Fidelity Newsletters and Kiplingers Magazine
Organization: Mitre Corporation, McLean, VA
Date: Tue, 15 Sep 1992 12:10:51 GMT

>BTW, has anyone seen the Kiplinger magazine that ranks all of the stock and
>bond mutuals?  Have to give them credit for what appears to be a job well
>done!!

I especially like their "$1000 In 5 Years Grew to" column because
it compares the net return on loaded and no-load funds.  (Return
that takes into consideration front-end loads, 12B-1, AOE, and
redemption fees, if any).

I have heard some on this newsgroup advise others to only buy no-load
funds.  However, some loaded funds out performed some no-load
funds and Kiplingers allows a person to compare net returns.   

I agree that the very best performing funds are usually no-load,
but then if we all had our money in the very best funds there
would only be a few funds alive.  :)
From: thompson@bbn.com (William Thompson)
Newsgroups: misc.invest
Subject: Right Time software?
Date: 14 Sep 92 18:50:21 GMT
Reply-To: thompson@BBN.COM (William Thompson)
Distribution: usa
Organization: Bolt Beranek and Newman Inc., Cambridge MA
NNTP-Posting-Host: bbn.com


Does anyone have experience with Right Time software, put out by The Better
Software People (T.B.S.P.)?  Information regarding the software or the
company would be appreciated.
From: bkottmann@falcon.aamrl.wpafb.af.mil (Brett Kottmann)
Newsgroups: misc.invest
Subject: Re: Effects of U.S. national debt
Date: 14 Sep 92 14:35:47 EST
Organization: Logicon Technical Services, Inc.

In article <1992Sep12.022026.10367@ultb.isc.rit.edu>, cjb3701@ritvax.isc.rit.edu (Chris Bigenwald) writes:
> What are people's opinions on the long term effects of the national
> debt on investing?  I heard that the debt is around $15,000.00 per
> person.  I saw a clip for a video "doomsday" series available for
> purchase and it made me nervous (I only saw the ad, not the entire
> series of videos.)
> 
> Perhaps gold is a good long-term investment rather than stocks?

	I think gold will always be affected by the historical role it has
played as currency backing.  Any commodity would do.  I think you'd be better
off in picking a strategic commodity that is actually used by society, as it is
likely to increase in value more than gold.

	As for the debt (which is closer to $16k/person, I believe), it does
the same thing as a large credit card debt does to the consumer.

	It limits your purchasing power.  It limits your disposable income.  It
ties down %N of your equity, etc.  Obviously, debt-free is better than debt. 
The question is, how much is bad?
	Say you had $1000 in debt in 1960.  If you made interest payments only,
right now $1000 is not bad at all.  That seems to be the government's strategy. 
Let inflation reduce the debt.

	Unofortunatley, that will never happen when you continually add to the
debt and/or the debt passes your ability to pay interest.

	We've already seen bad economic effects of the debt.  Losses by the
dollar against other currencies, etc.  Devaluation is fine if you live in a
vacuum, but we don't.  So devaluation contributes to inflation.  And inflation
without economic growth is: (anyone?  anyone? :)
	Stagflation.

Brett--------------------------------------------------------------------------
	"Why the courts don't tell a husband who has been living off his wife
to go out and get a job is beyond my comprehension."--Joan Lunden
-------------------------------------------------------------------------------
Newsgroups: misc.invest
From: Dmerrill@bnr.ca (Dana Merrill)
Subject: Re: Fidelity Fund Options
Followup-To: misc.invest
Organization: BNR
Date: Wed, 09 Sep 1992 17:15:05 GMT

In article <1992Sep9.152326.23926@infonode.ingr.com>,
james@brock.b17b.ingr.com (James Brock) wrote:

[Text Deleted]
> My 401-k plan consists of the following:
> 
> Weekly deposits into the following funds:
> 
> Magellan %30
> Growth Co. %30 (recently transferred entire balance to Balanced Fund, as
> well as weekly allocations)
> Overseas Fund %40

[More text Deleted]
> My plan allows investments in only the four above funds plus 
> the GIC fund.

[More text Deleted]


James, I don't have any suggestions for you but you bring up a question
that I have often wondered about.  It appears that you are allowed to
invest your 401 in Fidelity. 

My first question is whether or not you have to pay Fidelity's loads under
a plan such as this.

Furthermore, it has always seemed that it would be of benefiet for EVERYONE
if a company had its 401 plan with someone such as Fidelity (as long as
Fidelity waived the loads!!!).  Employees whould have a very wide choice
of options for directing their 401s, Fidelity (or whoever) whould get
a tremendous amount of new buisness (and make plenty from fund management
fees (expenses), without the load), and I would think that the employer 
would save as well by simply passing the 401 contributions along to
Fidelity, significantly reducing plan administration costs.

Anyone care to comment?  Is this done at other companies?  The plans 
that I have been familar with generally offer the misleading 
"Guaranteed" investment contract or GIC, the companies stock or some
index fund.  (Another subject, but none of these are really "safe"
if that is what a person wants; one company I know of just lost
a large chunck with their GIC!!)









Dana Merrill
Bell Northern Research
Research Triangle Park, NC
DMerrill@BNR.CA
Newsgroups: misc.invest
From: merrillg@polari.online.com
Subject: 4.16% 6 month CD, $25 minimum
Keywords: EE bonds, Money Market, MM, CD
Organization: Seattle Online Public Access Unix.  (206) 328-4944 (all lines telebit-equipped)
Date: Sat, 12 Sep 1992 01:47:50 GMT

I'm sure that got your attention!  There has been some 
questioning about EE savings bonds and their use.
Over the Long Term, I would not use EE saving Bonds for savings
or investment, but right now they are a GREAT way to store short
term money.  They are a 4.16% 6 month CD.  I bet No-One can find
a CD that will give you that return.

My technique is to buy a $200 face value EE bond (at a price of $100)
at my bank on the first of every month.  This is my third month into the
program.  If/When money markets start to creep back up to a rate somewhat 
competitive to the EE bonds, I will then shift them back into my money
market.

?WHY? put your money in a 3.00 % money market when you can get 4.16% the first
6 months?  and that rate will go up as time lunbers along.

0-6 months	4.16
6-12		4.27
every 6 months	+.25%
untill 6 years and you are guarranteed 6% or 85% of 5 year treasury.
at that time.... Its a good idea folks for your savings.... do it

Greg Merrill
merrillg@polari.online.com
From: Amiga@cup.portal.com (Philip Barry Kirschner)
Newsgroups: misc.invest
Subject: Re: Economic effects of election results
Date: Sun, 13 Sep 92 14:59:48 PDT
Organization: The Portal System (TM)
  <1992Aug28.110653.232@v7.vitro.com>
  <1992Sep1.030110.7228@news.columbia.edu>
  <1992Sep8.115811.4087@magnus.acs.ohio-state.edu>

What most people fail to realize about gain's in medical technology is(
the fact that University projects and hospitals are where the gains are
madmade an not personal cooperate investments by the leeching pharmacuticals!

 
Phil
Newsgroups: misc.invest
From: rscott@spock.NMSU.Edu (Joseph Good)
Subject: What is Venture Capital??
Organization: New Mexico State University
Date: Tue, 8 Sep 1992 02:47:04 GMT


I heard some financial show on the radio, and in one discussion
they kept refering to Venture Capital.  I'm an engineering
major, and don't have a clue about much in the business world, 
and I was wondering if somebody could clue me in.

--

Joseph Good
+-------------------+ - More than just a band....
| Green Dot Brigade | - It's a whole damn army of dots...
+-------------------+ - And we've declared war on the 7-Up dots...

rscott@nmsu.edu (NeXT mail welcome!!) (main account)

atlantis@acca.nmsu.edu  (Just plain ol' Unix) (seldom used)
Newsgroups: misc.invest
From: goykhman_a@apollo.hp.com (Alex Goykhman)
Subject: Re: Effects of U.S. national debt
Date: Tue, 15 Sep 1992 19:16:04 GMT
Organization: Hewlett-Packard Company, Chelmsford, MA

In article <2317@gandalf.intel.com> chedley@carthago.intel.com (CHEDLEY_AOURIRI) writes:
...
>However, do'nt blindly buy the "doomsday" scenarios caused by the huge
>debt. Remember that: 
>
>--> The US debt is denominated in US dollars. Ie. the US can always print
>   money to pay it off. Most other countries do'nt have that luxury. ...

    Just the opposite: the US goverment can borrow, but not print, the money
    that it spends.

    Any debt is short-term inflationary, and long-term deflationary, unless 
    the borrowing results in productivity increases sufficient to offset
    interest payments on the debt.  I doubt very much that, in the long run, 
    goverment spending/borrowing can enhance productivity.

    The net effect of the huge public debt will be declining of the rate of 
    economic growth (read: longer and deeper recessions followed by shorter
    and weaker economic recoveries), falling real-estate prices, a slow but 
    sure decline in the standard of living resulting in all kind of social 
    tensions, etc.







-- 
-----------------------------------------------------------------------------------
Disclaimer: all opinions are mine.
-----------------------------------------------------------------------------------
Newsgroups: misc.invest
From: jhc@m2lll.uucp (James H. Coombs)
Subject: Re: IRR for an uneven cash flows
Reply-To: jhc@iris.brown.edu.UUCP (James H. Coombs)
Organization: IRIS - Brown University
Date: Tue, 15 Sep 1992 02:29:54 GMT

In article <12550@sail.LABS.TEK.COM> atharp@sail.LABS.TEK.COM (Athar Pasha) writes:

>I invest $3000 on the first of month. On the 23rd I invest another 150. 
>On the 26th I sell all my shares. What is the IRR? Note that this is not
>the textbook type IRR in which cashflows implicitly occur once a period either
>at the end or the beginning.

Good question!  Hope someone posts an answer.  --Jim
Newsgroups: misc.invest,misc.entrepreneurs