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This newspaper page contains 7 articles. Subscribers can read the full text of each article.
Newspaper
The Chronicle Telegram
Location
Elyria, Ohio, United States of America
Date
Sep 14, 2003
Page
7
The piece outlines approaches to ethical investing, including socially responsible mutual funds and researching firm practices. It cites websites for funds and research, lists recommended books, and points to NPR resources for further guidance.
A guide outlines forming a group of 6 to 15 peers to invest together with monthly contributions, selecting officers, filing for an IRS SS-4 number, drafting a partnership agreement and bylaws, opening a brokerage account, and emphasizing education, reading, field trips, guest speakers, and long term planning while avoiding impulsive actions. The piece suggests resources and books on investment clubs.
A reader recalls buying 5000 dollars of Intel at thirty as a novice after tips from colleagues. Gulf War jitters pushed the price to twenty seven and he dumped at thirty losing about two hundred in commissions. He later learned the stock would have soared, highlighting the danger of panic selling and the value of long term faith in researched companies.
Kodak unveils a major realignment to reduce reliance on film, creating a commercial printing division led by James Langley as part of CEO Daniel Carp’s push to balance the portfolio and pursue growth in the digital age. Despite a 16 percent decade stock drop, a 6.2 percent dividend and potential, investors remain skeptical yet hopeful.
In Boston in 1986 I started the office supplies superstore idea offering small businesses the low prices once limited to large firms. Staples grew to nearly 12 billion yearly from 1500 stores worldwide and a large catalog and web presence. The stock joined the S&P 500 in 1998.
Business consultants urge small firms to regularly assess productivity beyond buying new tech or outsourcing. Focus on simple core aims, systemic operations, and placing the right people in suitable roles. Use technology as a tool, and consider outsourcing for routine tasks to free time for growth.
The Treasury will stop issuing HH savings bonds next year as part of a modernization move toward electronic book entry securities though all existing HH bonds will be honored. Up to 16 billion of 200 billion outstanding bonds are HH series and many savers use them to defer taxes by exchanging E and EE maturities for HH.
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