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Newspaper
The Chronicle Telegram
Location
Elyria, Ohio, United States of America
Date
Sep 06, 1998
Page
5
A reader from Salinas asks why teens should start investing. guidance stresses early action with a hypothetical $1,000 at 11% over 50 years producing substantial returns. It urges learning through careful stock selection and highlights a teen job-hunting approach using networking, advisory reading, and career sites for exploration.
A Wilkes-Barre high school sophomore recounts a two month mock stock portfolio. Lucent Technologies rose 33 percent from $90 to $120, yielding an imagined $1,829 gain. Tommy Hilfiger advanced 27 percent. The piece promotes mock investing to learn without real risk and invites readers to submit lessons learned.
A compact guide with age old earnings facts from 1993 Census data and practical saving plans for college. It urges early planning by parents and students, suggests Education IRAs, public universities, scholarships, and lists useful websites to explore funding options and reduce costs for higher education.
The puzzle identifies Xerox Corp as the answer. Xerox began as the Haloid Co in 1906 and now employs about 91,000 people with roughly half its sales in the United States. It funded 1970s research that led to the first commercial computer mouse, laser printing, and Ethernet, among other breakthroughs.
The Motley Fool claims to tell the truth about investing with a humorous tone that seeks to help readers grow wealth. It frames itself as a modern day court jester offering candid financial insights to help readers laugh toward financial gains.
Evening news notes a downbeat mood with the Russell 2000 down about 22 percent for the year as of August end. The piece urges investors to focus on selecting strong companies at fair prices, not daily market moves, and to consider long term trends and careful research before buying.
Xerox promotes a family oriented diversity kit to extend training beyond workers to their children. Joseph Cicero, a Rochester plant supervisor, uses it with his 12 year old son to discuss culture and prejudice and to help him understand that everybody is good.
Xerox develops a diversity tool kit with WFD, offered to employees and soon to clients. Judy Santiago-Cruse will use it with her 7-year-old son Jason after a classmate called him a black boy. Brooks condemns prejudice but acknowledges progress may be limited as his 9-year-old son feels anger and sadness.
Whitaker frames Africa slavery and colonial legacy as both reminder and pride while detailing a career spanning local youth leadership, state department posts, and Africa trade policy. She highlights the need for a proactive trade approach, credits allies like Rangel and Williams, and cites her aim to leave a lasting impact.
The text reflects on how 401(k) plans IRAs pensions and mutual funds tie most households to markets and how seven years of subpar adviser returns have shaken faith. It notes fund flows from savings and pensions fueled the ascent while managers ignored price standards and now investors insist old measures still matter and risk has reasserted itself.
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