60-Second
Investor
By
Chuck Carlson, C.F.A, $13
McGraw-Hill
İMoney
Magic, Inc.1/31/98
Saturday Daybreak KATV, Chn. 7
Mary Ann Campbell, CFP
This
book is important because:
- It's
a way to cure information overload.
- This
is precise, practical, to-the-point, easy-to-read book that
deals with subjects of keen interest to the average investor.
- There
are 201 useful investment ideas. You can read each in 60 seconds
or less.
Check
this book out at your local library, purchase it at your local
bookstore, or call 1-800233-5922 to order it along with a sample
copy of the Direct Stock Purchase Newsletter and a list of 330
stocks you can buy direct.
What
you can learn from the 60-Second Investor:
It's
better to be early than smart in investing.
Successful
investing takes intelligence, persistence, and patience.
The
biggest risk in stock investing is being out of the market at
the right time.
Even
buying at the top can be profitable if you hold on.
Implementing
a dollar-cost averaging program-making regular investments in
stocks on a monthly or quarterly basis regardless of market conditions-is
a time-tested way to build portfolio gains on the long term.
A
10-year old who starts setting money aside today will be tomorrow's
millionaire.
Watching
CNBC may be hazardous to your wealth. Information overload tends
to focus on the short run. This causes investors to lose sight
of the big picture and can result in selling prematurely.
Shareholder
Perks: Anheuser-Busch=discounts at parks; Busch Gardens,
Sea World, Sesame Place and Adventure Island. CSX=discounts on
accommodations at Greenbrier Resort in West Virginia.
Holiday
Perks: Brown-Forman=50% discount on Lenox ornaments and
products; Wrigley=20 packs of gum, flavor chosen by CEO; Tandy=10%
discount on holiday purchases up to $10,000.
Perks
for the Palate: Chalone Wine Croup, 100 shares=discounts
up to 25%, luncheons, VIP tours, use of entertainment facilities,
707-254-4200
Perks
of Convenience: Certificate safekeeping, an offshoot
of dividend reinvestment programs, prevents lost or stolen certificates.
Another growing feature is direct deposit of dividends. This prevents
loss and a trip to- the bank.
Company
Tours and Museums: Chocolate World at Hershey Foods in
PA; HarleyDavidson motorcycle assembly in York, PA; Motorola Museum
of Electronics, with interactive displays, in Schaumburg, IL
How
Healthy is your Bank? Contact Veribanc for a $10 report;
800-442-2657
How
Healthy is your Insurance Co? A.M. BestLine 800-424-2378
@ $2.95 min.
Handling
Unwanted Broker Cold Calls: Demand to be put on the firm's
"do-notcall list." Or, like Arthur Levitt, tell them
you already have an account with their firm; best is to just hang
up.
"Must
Have" Industry Groups: Telecommunications equipment;
Information services; Business services; Security services; Agriculture
Check
up on Your Social Security Holdings: By contacting the
agency, you can know exactly the amount of your benefits. 800-722-1213
Web
contacts: www.dripinvestor.com & www.noloadstocks.com