Kossuth County Advance from Algona, Iowa on July 24, 1967 · Page 9
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Kossuth County Advance from Algona, Iowa · Page 9

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Location:
Algona, Iowa
Issue Date:
Monday, July 24, 1967
Page:
Page 9
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0. A •UfBtttidfi wai mad* that «ir invattmant club •toct an M««utiv* commiHa* •4 titrt* «* our tan m«mb«rt to mikt quick daciiiont on buying or ttlRng itocki b*< fwoon our regular moating*. It tan bo a raal problem to contact all member* for such emergency decision*. Oppotv ontt of the idea fool thl* would take away from the main idea of an investment club. We agreed to atk your 'opinion. A. Frankly, my vote is with the opposition. Unless you are dealing in a pretty poof grade of securities, there is rarely any need for a club to make quick decisions on whether to buy or sell. The most successful investment clubs have a long-term investment program. The ••••••••••••••••••••••••••••••••aji • Frigidaire • Maytag j • •Monarch | & APPLIANCE Titonke, Iowa Phane 921.2127 A NEW CONCEPT IN FAMILY VACATIONS' On Beautiful Potato Lake as low as '5°° a DAY VAGABOND VILLAGE Park Rapids, Minn. NORTHWEST'S FINEST LUXURY TRAILER RESORT latu hwMi Cimiliti Itiart FKilititt • Htlt.d Swimming Pool • T«nni» Courts • Children'* Playground • HorttitlMiu »*~ Badminton CoUrts* Shuffleboard • Miniature Golf Coursa • Archery Range • Color TV Lounge • ~ 1 Tablet • Ping Pong • indoor Sfiuffleboard • Sandy Beach • Boat Launching Ramp • 9- hola Golf course , Riding Stables nearby • . Pontoons, Boats, Motors, Canoas Available on Mental Basis <:nNVKNIKNCKS AT VAGABOND .V ILL AUK • Complete or'parti*) trailer hook-upt O Coin- o|x>r»M. laumlry (acililim and drying yard O In. ralx>s. Charcoal, CiiartUc and, Soft Drink Vendors '•"• l-iililic- Heslramn Facilltim O Ce-" 1 - ramic Tiled Showers O Picnic TabUa • Charcoal (irills FOR MSERVaTIOHS rkMt TU-IM4 MINNEAPOLIS OffICI — FAIR OMS MOTOR HOTEL — llMttl ^MMONO VIllaQE O MM IWIM. MUmT* P Please send color brochure and rait card. 9 9 NAME ! NAlC strongly recommends that when a purchase to made of a security, it be bought because your study indicate* five years from now the company iii likely to be worth twice or -more thin you are paying for it. This doesn't mean either that you are going to sell the company at the end of five yean. Its future may very well then look even better than it does today. Occasionally you may buy a security whose price will move up faster than the prof' its and prospects of the company warrant. In such a case you might want to make a fairly quick decision to sell. But as a general principle, short-term buying and selling is likely a pretty risky practice for any club. 0.1 would (Ika to buy stock for my six small grandchildren, to help them about tho time they aro ready for college. I can invest $500 for each one. Would you recommend mutual funds or some blue chip stocks? And would you please name mo a couple? A. I cannot recommend specific securities, but if your grandchildren won't be entering college for about 10 years, I believe one of the growth- type mutual funds should be satisfactory. Also shares in one of the major industrial, oil or utility companies would produce good results in that span of time. If you have never invested, why don't you talk your problem over with one of the officers of your bank, ask him for suggestions or for the name of a reliable broker who can help you pick stocks or a mutual fund that would best serve your purpose. 0. What can a person of limited income do to build up a financial reserve in 10' years? Is it true that tho brokerage fee on anything loss than $1,000 off tots tho gain? A. There are several ways an individual can begin an investment program with very little money - and by .small amount I mean $10 or . , $15 a month; Under the Monthly Investment Plan (MIP), you can buy any stock listed on the New York Stock Exchange by paying as little, as $40 every three months. ADDRESS. CITY^ _ST»TE_ $ 9 Mr. and Mrs. Charles Quinn of Bancroft, announce the engagement and approaching marriage of their daughter, Bridget and Thomas Lynch, son of Mr. and Mrs. Wayne Lynch of Fenton. An August 26 wedding Is planned at St. John's Catholic church in Bancroft, purchases, the highest you will be charged (for a purchase, say, of less than $100) will be $6. That would be on the first $100 of your investment. On larger amounts the fee keeps dropping percentage-wise from 2% to 1/10%. Thus, if you bought four shares of a stock at $20 a snare, you would be showing a "paper" profit whenever your shares rose $2. Or, to look at it another way, you can expect to recoup your $6.80 in brokerage fees from dividends on your stock in a year and a half, if your dividend gives you a 4% return on your investment, as is true in the case of a larger number of stocks these days. aMHMl»MmmH«HHMHni«iiHnimimiiinHiH IIIIIIMWI 120 cup cakes to rest home for birthday __ T _ ...., Ottoeen — Mrs. Essie Coop- That's $13.33 a month. You er baked, decorated and de- can also buy mutual; fund Evered 120 cup cakes to the -•*-----' ---"- '-—'-*• '• monthly rest home at Bstherville Saturday^ Her sister, Mrs. Mary Hansen, who lives there had her 71st birthday Monday, July 10. The cup cakes were a surprise to her sister and were used with ice cream for the dessert Sunday noon. Bach resident and all the help received one. Happy Birthday was sung to Mary. Many years ago, Mrs. Hansen and her husband, the late Archie, Han- sen, farmed west of Ottosen, after which they moved to a farm near Spirit Lake. Mrs. Elsie Cooper returned home Sunday afternoon. §ACK PROM TRIP The Irving Clobstads returned Thursday from a ten day honeymoon to Santa Ana, Calif. They are staying with her parents, the Oscar Oppe- dahls. Mrs. Globstad resumed her work at Lutheran hospital Monday and he will enter the service in September. Other Sunday afternoon visitors with the Oppedahls were the Louis Jacobsoiis, Edward Zinnels and Mrs. Gunda Enockson. COYLE REUNION Friday night the Mike Coyles had a reunion at the Coylc home .with 21 present. They were the Everett Coyles and Julia, Winston-Salem, N. C., Marvin Wiers, Spring Valley, Minn., Donald Brandhoys, Bradgate and Bernard Coyles, LuVerne. The Everett Coyles • left for their home Saturday. AT CLASS REUNION The Dean Telfords attended the reunion of Mrs. Telford's Hunvboldt high school class of 1947 at Johnny's Steak Harbor Saturday. Twenty-four members of 67 were present. The Donald Zimmers and daughters, Casper, Wyo., visited the Carroll Olsons Wednesday and Thursday. Gary Halsrud and his cousin Dennis Halsrud, Bradgate, went to Ellsworth air force base near Rapid City, S. D., where they visited Gary's brother A/3C Jim Halsrud over the weekend. A/lc and Mrs. Knut Oppedahl, Jr. have a 7 Ib. 10 oz. daughter born Friday at Wilmington, N. C. Her name is Katherine Marie. The Knut Oppedahls, Humboldt, are the paternal grandparents and the Eugene Hofiuses are the great grandparents. The Knut Oppedahls and Roger have returned to Humboldt from a week with A/lc and Mrs. Knut Oppedahl at Wilmington, N. C. The John Larsons came from Emporia, Kan. to Donald Larson's Friday. They spent the weekend. The John Larsons tenth anniversary was Thursday. Sunday a pot luck dinner was held at Conrad Johnson's. Attending were the John Larsons, Donald Larsons and the Ralph Jacobsons. John Larson, who teaches at Swea City,, had attended sum- mer school at Etirporia. Ruth Soeich and her roonv mate Helen Aasbdm, Amu*, were Friday morning coffee guwru at the Antone 9p*tch's. They were on vacation and enttute to th« Alack Hills. Mrs. Joe Monti, Humboldt. wa» a Monday guest at Laurel Worrier's, Jay Naeve, 6, Bradgate, la also visiting his grandparents, the Laurel Worsters. His parents, the Byron Naev- es and Mitchell are in Colorado on vacation. The Norman Spetchs and Michelle, Hampton, were Friday overnight guests at Antone Spekn's. Saturday the Norman Speichs and Edwin Speichs left on a two week vacation to the west coast. At Seattle they will visit cousins, the Kenneth Knutsons and Norman will also visit an army friend there. MONDAY JULY H or ded — It depwidl 0ft you'f* defining yttifltlf Of B.J.FOJK & (lit S. Ai^efw* iew^, 9,4334 Or you can corral a group of friends and start an investment club. In a club, members decide how much they will invest each month, $10 or $20 a month is the most frequently used sum. Brokerage fees are not as high as you think. Though brokers do charge a higher percentage for handling small aOMUIUIiict When will your new- car dollar go farthest? Right now. Best looking dollar-stretchers going! Impala Sport Coupe (foreground), Chevelle Malibu Station Wagon (upper left) and Comoro Sport Coupe. See what your Chevrolet dealer is offering. Your Chevrolet dealer can save you money right now. He has the ?ars mpre people want because they have more of what people want. A long list of quality features gives you fhat sure feeling, keeps Chevrolet most popular year after year. Get them all and save now on a handsome Impala, Quick-Size Chevelle or sporty Comoro. Get a car all America goes for at a price you'll go for, top. just look for the crowd at your Chevrolet dealer's new-car dollar-stretching headquarters. Gtt a 4t*l only tht Itodtr con oH«r KOSSUTH MOTOR CO. WHO, ME? Yes, you may qualify for training on IBM equipment as a COMPUTER PROGRAMMER If to, you may be misting out on • better job, with higher income, prettige end tecurity. Why not find out? Take the free ECPI programmer appitude test (You don't need any special math background.) If you qualify, you can learn in your free time ... ECPI offers day, evening and Saturday classes. You have nothing to lose and a whole new future to gain! ELECTRONIC COMPUTER PROGRAMMING INSTITUTE Find OUl NOW F 24N - 9th St. — Fort Dodge, Iowa 50501 • HIM vwi nwww please send me a free aptitude test and information about Mail Iha coiinon •' acom P uter P r °s rainmm s career or call I 576-7226 Name Address __ City I, Working Hours -Phone Q Age 17 to 40 I n High School Diploma State Zip Before you spend hundreds of dollars, ask yourself this. Which costs more—oil heat or gas? Gas does, if you now have oil heat equipment. Consider these things. You can pay hundreds of dollars to have a new gas heating system installed. Your pilot light can cost about $10 a year. You can be penalized for late payment of monthly gas bills. You have none of these with oil. Besides, you get 4% less usable heat with gas per BTU purchased as compared with oil. Before you spend needlessly, compare. Call new Standard Oil Hot Line—the modern service that has revolutionized oil heating. Don't buy the "gas line" until you call Hot Line 8794220 Oil heat- the clean, safe heat. STANDARD <$°/ Standard Oil Division American Oil Company 9)966. The American Oil Company. Chicago, III. *Tt»demark HOT UNi I6RVICI $W CO«WM Of AIOONA, IOWA you expect more from Standard and yoy gj| iff

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