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This newspaper page contains 4 articles. Subscribers can read the full text of each article.
Newspaper
Ottawa Herald
Location
Ottawa, Kansas, United States of America
Date
Mar 19, 2001
Page
8
Dennis Chanay appointed market manager for Ottawa and Lawrence branches overseeing sales marketing plans and operations. He joined as a trainee in 2000 after managing Kansas branches and prior roles including Area Agency on Aging Kansas Child Support Enfor cement and service in the Marine Corps.
Many Americans over 50 see retirement slipping away as stock market volatility hits plans and lifestyles. Investors like Sylvia Steinke, 54, fear delaying retirement while long term funds suffer. Retirees adapt by cutting expenses, seeking part time work, and questioning how to live on funds for decades.
The piece defines buy-and-hold as sticking with high quality securities for the long term and selling only for solid reasons. It warns against panicking in downturns or chasing headlines, stresses risk tolerance, diversification across stocks bonds and government securities, and maintaining discipline to avoid market timing.
AmeriSource Health Corp and Bergen Brunswig Corp announce a $2.4 billion merger creating AmeriSource-Bergen with about 35 billion dollars in annual revenue. AmeriSource to own 51 percent, Bergen shareholders to receive 0.37 share per Bergen share.
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