Money for nothin’
Why investing your dollars
makes more cents than ever
H\ H I II (,\KKI( K
I hi Hr • l «•! I •< daw if r
11 if loir of thr II1I|H »Sf! ishrd sludr lit of irii is If .till \ \ ou 1« Hint t
• hr i m \kl}> bills ami hairh v* iajn b\ ru n m h mu ilir muMmul
j»al rut.ti luiui* *U?
But tin piohlrm mas not Ik how mm h inmirt *.ou ha\r 1: tna\ Ik*
wli.it v» *ij ir (iomg < ■1 ii' •* <i> - inu. with it
I hri r an » joi of mu siiuni! ojijw »i limitirs • »ui thnr siudrnts
|Usl (full ! ! .« k f .oi\ .«!; ! agt *'t tilt : Villi R ■ d U U \\ iHl.imv .ill
mvrsiturnt anahst with the Wilmingi* • Savings 1 nnd s«« ir?\
Williams said simli Hi' it mi n» jmi .ill thru moiir\ in juMiitrrcM
. lit * kill,: .»« « < unis 1! i si c .id of v!, M » v ’ »• .-..Is :' ill! i. .i 1 fund' I 1 >s • ■:
cm u savings .u t onnts 1 lit ii mono sits m lm.tm ial lunl*»in>t« ad < d
urn king !< u the'in
( .1.111 led v 11 r said. lilt old adagr V :;! n ur i haw- ■ h .w
mom s to m.ikt mono But that d< -< v vti ih i a an that -
haw- t«» haw a 1« »l make a lot [in' S S : * a i' 1. • t! i {•*,' •
«>1 s ! lit !’ iafl I* ■ filial !■ lal srt UI lt*‘ V ha . - kl tow v >| »■! i« *n >
St,H ks
S|. H ks of If! ihf bight v < aiimu i»* ■■ : ‘ u;% : .* t lit ’• .*
thf\ » oint* with ini^iaiaiitH s
I ’ll I 1 lia sillg s! > m k "> I ' t' s '‘f M t lallv l Ilf ' a : : a i-• '**• 1 u !. -g ,i 11.1« * I‘ ‘ I •!.»
i oiuij.iliv It I hr i uinjiaii’. fa* < * urd! I lit \ aim of t at h shat r
llii It avrs 1 ! i: ': ’ . ■ i ‘ r \ - ■ ► - d r ■ : t t hit n ! ft * t t> dit »
UH H MV
S<• n• ■ i, - • k :; i!M* : i o •> *.,! s s- ij t ad ! hi i \
M* •• k" !•’ i oiiii t fl.r i i'-k t!. • ,iv i. < ■ • i i ! ► < ' a ! • Bu*
diw-isilwng imnhi *> mw sling a an deal ut m. usr\ iifiin wht< Ii
students <then doll t haw
Bonds
Run basing a ho ml « an hr i muiMi c d to lending tmnir v f *» a
"i gowinnirnt oigani/.tiiutt fnsirad of owning a shait • >f
t hr i < unpam (hr invest m in rtu ' thr gual ahtrr of 11 a hunting I hr
initial 11 nr sunns jilus in Ito %! aflri a tixrd at: ounl o! tnni
1 htuevn it > ashrtl Iihivkhi U»ml> • an iin.ohr vr\rir jh n il'll■>
Mutual kumts
M U : U a 1 t . : ■ i " a ' • : o .. I * v < ■- * ■ ■ • ' • a . •
list- imllal
Money, Money,
Estimated value of a $'000
Money *6$ ^ Q
after ten years: n
a . -jn a* ■.*+"A «*•'
ipttjfVf.Ksd #
Mtl MARCUG
i . • < : ! k .i" : '\s as ^tii rani. ‘ \; - a•;< iri! (:.!(.<! i '
i ashed ,s' ads tujsc1 without jH'ii allies ln| of putting a lai^e sum
! : f i<- : i ' < pin i having 1 me - stm k invest' >t s |x h *1 t hru fin >nr\ vs i i
■'hi ; IT i * !; k 111 U.lU III | M i It h JVC I i’ \ < I Mill’d si > H k j M »i ti« ih. I
M . , 1 IK !.lijV J »! * • \ f M t Uff l« i .liiM | M >| '!■ til' J , J ! i.! ^ ( ! '
Sh.il I h - -Idei s don ■ ev< !J lire«1 :■ • unde! si.mil the vfi M k IU.ll krt to
makt said 1 attv S, hmiUm^ei Mir president <>{ the
• f m .. ;.! ! i! I ■. i i M i U.! W »ik. I ha
Muiii-\ Mai ki ts
M Ml- .'.’".til sf}' •!'!«' ! : . i 1 ! i *. I ! f t i 1 ici> IliWslMl’S
-•.I:! U ; i i j u ha >i : t i s t • n k ; m m J t (i! 111 ! i * i a shoi l ;>ein>d <>f {imt
S. • i; M ■-! s '! h I h 1 ^ ! 111! C ! t • \! ! . t! < s ‘ • i i! tI 1 C t .»t ( ' A I Vn . U s
.tit !lla!l\I {■ ■ he link of till ‘■I'H ks IIH hided III tin | M |J 11 * >1!« »
( rrtit u ales of l >r|X »\U
1 i k« • I i < ' t; M ’ s < I *s 1! I 'lit »I i tt I J1; V fill* !<> ! ■ U ^ ! KU .11 ' i-l <1
u-Hi! i i n at 11 il; h« ii au s 'han simple saunas at t mints
Instead of loalllli*; Hit »lie\ to a t ompallS , th< investor lent is Mil lilt \
l" a hank with a pi unitst not t«* vs it hi ii a vs t hr iiiunrv l of a sj >et if it
nnmhri >< ats Hu! hr warned * atlv »s i i lull aw at penalties * an
af h hi Intel esl ami de> jin t hum tin ol lfilial investment
Save now for
the costly bHte
of your future
■yJUUECAMUGK
ThtRmm U.rf Debsvare
When college students think about
their finances, they usually consider
only dwn-terra expenses like rent and
books. But the future i* soon, and h will
be expensive.
In 10 yean, today’s college student
will be struggling to buy a first home,
keep bill collectors at bay and raise a
family. Economists predict that the
cost of a four-year education alone few
a child bom in the next few years will
top $100,000.
But now ts not the time to jump out
of windows. The $1,000 invested now
and carefully nurtured, could mature
into a $60,000 nest egg in the next
decade. With a little planning, today s
students are investing in the futurr
'Investing should be a lifetime
commitment,' said analyst Larry
Schmittinger. 'You can't expect to make
much money in three u> six months.*
Jennifer Nerf, a senior at Syracuse
L\, said she invested money in a
mutual fund whrn site came to college
•It’s easv because someone else
manages your portfolio for you, and
you get the profit,’ she said.
And Angela Thocman. a senior at
Ninth Carolina State L’., said she has
worked her wav through school and
still managed to put money intu a CD
"1 worked for the money .* she sakl
’Now it's working for me,” %
AllHA *UCZY*SIU
... V*. *,• V • - \ ».* V V*. ‘
High-tech hackers scam for big bucks
Hv NIK Hill! Him K IS
/ V /S. \; S .1 « l
h<*m t IC’diJ . i'd v .1 *r.v ’ ■ n, n! - •«<!«• : and
phonr ll.iml I ollr-^r id< ij{v ,t!r Jin fr.is
in^h un»»hrd m < oinputri vt .urn drsi^nrd
to ri|» • »ti iiujni c < >mpamcui*i m
jUMIlg a hl^h |JI |1 t vdiril « au^ht
I a>t month thi re < . *! 11«• i m.i Stan
l‘ohl( < him l m»p>homoi<•> v\ui .t»» uv d ■-f
til* o.il|\ , , ,11; , tin- ;:,»»!< th.in x 11' "« •.'■ '! th
of mrii handi\< in a \<mi loiu; on • ampus
indil t .i t«i svsindlin^ op<t.itn»n Io^rihn
thr ihti c mm I.uc ! »* !< !• »m » hai^cs t .tui’int’
in y\ntt\ titun }* twvm »n of \t» »lrn pio|« \ i\
im hiding a \ * K hike md lidila! >
t • Mnpuir! and t it dm aid fraud
1 hr * omputri t miicN Inin^ * ommiltrti
haw r\rr\thnu; to do uith tin knowledge
student* ha\r gottrn a! thru m h«m|s
lWuirtl said. adding that sitidrrm an imiu*
thru mtrlhvjrm r to huM thrmvrlwN
1 ■ m \ .Link '-i .! in the nation
'ii.it vmII Inn (1m ui IVm-tt said
1> i\i Kinks puhln irlati* >ns ui.nL *i
I s \\ e st ( ozn m unit a t nms. said hts
• >impan\ is <dhn plagued li\ imnputri
L.n k.« Is ujjn make thousands '»t ! 11 n^
distant t i .tils to 1 inti \ a Ini < ailing « aid
• • hIcs 1 lien the\ S4-11 thr phom numlw is ii»
s!'nlrn:s vde up then >v\n bills M an
li.i kt ; s min -ni( to ht t . .ilc^c students I
i;uc\s lolk-^t students m i;nicial ate mint
< • uuputei Innate lit saitl
( Liu i i • »rn student . nines nn Jude
Ltk.i' 1 |) st i\ii< s hit akin*; into utmeisitv
1 < nnpntcr t/ed * !as> i e^isti ation hi ^jain
“ 1 'S' inn * In!! • <i i rstj u ltd ( las vs and mail
• *i»it i fiouti
Mall! a < > ht < !t I'S. i.ilt dll tn It n h»{
• •mMiHM i dims lot thr t olumbta House
ta|K tnd («>nipai I dist t luh said the mobile
student lileshde makes u t asiei tm siudrnts
i* • laktad\ auia^e • t! tuail-otdei t < iinpanies
I hr m<>m t oimiH>n s* .mi Is- "hen f* • *
pie v< ihI in .ui applii alum vsr send out lh«
mm handisr and then vsr nr\n hear ti"
(lirlll 1 ) Krrtc s.tlil addlt ^
ni.nn students use false names and addirs>
rs when appUmi* toi < lub mrml»etship
Ralph ( ohn. a senior vice president !
t olumbia Rrnotds said univeis; .
adiiunistiatnis and campus |h*1h« vsiih the
hr Ip <»! the postal sri\ti r, also air c oiiuUk
down haul on dishonest students
In Mjir i ase vie had a voun^ man tioii ‘
state- » ollc^r np us off hr k{oi into us tot 1
tan amount of monrv - thousands *d
d«>li.u s ( * »hi i said " \\ r j»*>t in I* »ui h vs it h
■ ainpus |m>lu r 1 hr studrnt i had designs
Mil to ^laduatc sc hool As a result «*.
ins dealing with ( olumbia House, lie "as
told h\ the um\rtsit\ ) that hr could h'l^c 1
it until hr i»ot the nutter cleared up lhrs<
things detiniteh come back, to haunt
students "