Ask the Fool Choosing a Brokerage and Investing at 14
Readers ask about brokerage minimums and risk. Brokers often have no minimums, and online discounts now charge as little as five to ten dollars per trade. For a 14 year old, investing long term can accrue substantial growth. a $500 start at 11 percent annual return yields about $100,000 by retirement, if continued and disciplined.
MENTIONED IN THIS ARTICLE
Bellingham
Mass
Dlidirect
Smart Money Magazine
American Association of Individual Investors Journal
Gamer.com
J.M
Richmond
My Dumbest Investment Lesson On Cheap Penny Stock Losses
A reader recalls investing 600 dollars in Tide West Oil after a broker advised a hot penny stock. Three thousand nine hundred shares fell to 11 cents then through two reverse splits leaving 39 shares. They sold for about 15 dollars, learning to avoid ultra cheap stocks. The Fool warns penny stocks are high risk and brokers pushing them often err.
MENTIONED IN THIS ARTICLE
Tide West Oil
E.C. Drake
Green Valley
Aziz
Name That Company Name That Company
The company founded in 1801 supplied currency paper to the U S Treasury and printed early American money with paper from the founder’s family. It evolved into a maker of car materials and printer papers while offering denim recycled currency paper and retail outlets from the 1990s. Famous literary characters might use its band paper for letters.
MENTIONED IN THIS ARTICLE
Paul Revere
American
U.S. Treasury
Frasier, Niles
Martin
Accounting for Mergers and Goodwill in Buyouts and Pooling
When a company buys another, two methods exist: purchase and pooling of interests. The premium paid creates goodwill which is amortized, reducing reported earnings, while pooling removes goodwill and yields higher seeming earnings. Investors should adjust for noncash charges to gauge true performance and note pooling restricts share buybacks for a period.
MENTIONED IN THIS ARTICLE
Tweety Inc
Sylvester Corp
Sylvester
Tweety
Navistar's Evolution From McCormick Reaper Link to Global Truck Leader
A look at Navistar International's 200-year lineage traced to Cyrus McCormick's reaper, its claim as the first to mass produce a school bus, and its status today as a top truck engine and bus maker. The Chicago NBC Tower headquarters and a recent name change reflect its stellar market position, Volvo ties, and broad global footprint.
MENTIONED IN THIS ARTICLE
Cyrus McCormick
Chicago
NBC
Volvo
Navistar
Tupperware Faces Revenue Drop and IPO Gloom
Tupperware reported 1998 income of 69.1 million dollars, down 39 percent from the previous year as confidence waned after its 1996 IPO. Shares slid from 55.50 in 1996 to around 18, while the company shifts toward mall kiosks and demonstrations to sustain sales and brand image. Local consultants liken Tupperware agents to a modern Martha Stewart, delivering lessons and recipes through home demos. Humphreys, age 33, showcases microwaveable dishes and runs in-home sessions that blend trivia games and product auctions, emphasizing relationship building over retail presence.
MENTIONED IN THIS ARTICLE
Premark International Inc
What Is This Thing Called The Motley Fool
Remember Shakespeare and As You Like It. In Elizabethan days fools could tell the truth to the king. The Motley Fool says the truth about investing and hopes you laugh all the way to the bank.
MENTIONED IN THIS ARTICLE
American Association of Individual Investors
Hank Madden
Paychex Pursues Growth via Outsourcing for Small Firms
Paychex serves 300000+ clients with 100 or fewer employees offering payroll checks direct deposit and tax remittance to Uncle Sam. Growth hinges on outsourcing more noncore HR functions as small firms shift tasks such as payroll to external providers. In 1998 Paychex posted a net profit margin above 22 percent versus Coca Cola's near 23 percent, underscoring strong profitability in a market with vast expansion potential.
MENTIONED IN THIS ARTICLE
Paychen
Une Pany
Cora-Cola
Au -Pe
Stocks under pressure as advisers urge prudent selling
Investors face pressure from crippling liabilities and market trends. Financial advisers urge disciplined action for underperforming stocks, with 12 to 15 names in a portfolio and each issue capped at 15 percent. Moore cautions about high price earnings ratios and favors staple firms while monitoring the Dow and S&P 500 swings.
MENTIONED IN THIS ARTICLE
Jacksonville
Fla
Madden
Moore
Dow and Standard & Poor
IRS expands access to help with penalties and calls
Taxpayers can have penalties deleted if caused by IRS advice and should record adviser details. The GAO found only about 51 percent of calls answered in 1997, prompting the IRS to extend hours to 16 per day last year and to round the clock during tax season. IRS also offers help at www irs dot treas dot gov and 400 offices nationwide with 250 open Monday through Saturday through April 10.
MENTIONED IN THIS ARTICLE
IRS
General Accounting Office
Soulsburg
Irs.ustreas.gov
Renault Eyes Board Seat for Hanawa Amid Global Auto Ties
Renault and Ci proposed Hanawa join Renault's board as foreign firms deepen involvement in Japan's car industry amid slumping sales and a severe recession. Ford controls Mazda since 1996 and has moved to buy Volvo passenger cars. Daimler-Benz bought Chrysler, GM pursues Saab stake, per reports.
MENTIONED IN THIS ARTICLE
Hanawa
Renault
Japan
Ford Motor Co
Mazda Motor Corp
Ford
Volvo AB
Daimler-Benz AG
Chrysler Corp
General Motors Corp
Saab Automobile AB
Saab
IRS Says Get Advice On Taxes And Use Available Help
The IRS outlines guidance for preparing federal tax returns including phone numbers for general assistance and automated info, local offices with Saturday walk-in help, an Internet site, and CD-ROM ordering. It notes VITA and TCE volunteer programs at shopping centers, libraries, churches, and community centers.
MENTIONED IN THIS ARTICLE
Internal Revenue Service
IRS
Irs.ustreas. Coo
Also Mentioned on This Page
Earc
The
P.O. Box
Alexandria
Selena
the Motley Fool
Dist
Universal Press Syndicate
Goings
Bugatch
Martha Stewart
Humphreys
Parish
Motley Fool
Frome
Ima Fat
Publical
Associated Press
Steve
Beiser
Elyria ‘United Methodist
Nancy
Eliria Methodist Hea
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!