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April 24, 1987 - Image 80

Resource type:
Text
Publication:
The Detroit Jewish News, 1987-04-24

Disclaimer: Computer generated plain text may have errors. Read more about this.

SINGLE

GET THE LOOK YOU WANT

Inanflaster

SUN TANNING CENTERS

r,c`

cci0,4\

specializing:

474-1128
425-5650
B55-5240
443-0140
459-5510
828-7676
421-5950

FARMINGTON, Grand River and Drake
WESTLAND, Wayne Rd. north of Westland
ORCHARD LAKE RD., just south of 13 Mile
SOUTHFIELD, Evergreen and 12 Mile
PLYMOUTH, Riverbank Square on Ann Arbor Rd.
TROY, Long Lake g. Livernois
LIVONIA, Concord Plaza Middlebelt 5 & 6 Mile

FINANCE

\ •

leathers
• exotic skins
• custom fashions
• repairs &
4254 N. Woodward alterations

T1-11VEAUS

Opportunities
In Planning

ALWAYS 20% TO BO% BELOW RETAIL

24901 Northwestern Hwy.
Southfield

soe

THE BRIGHT IDEA

send

THE JEWISH NEWS

as a gift

354-6060

JEWISH SINGLES

• Meet Congenial People
• Make New Social Contacts
• Free Interview

P.O. Box 254

Lathnip Village, MI 48075

356-0949

FACTS TO THINK ABOUT ....

YOU NEVER GET A SECOND CHANCE
TO MAKE A FIRST IMPRESSION.

I Sell Appearance ... Are You Unhappy with Yours?
... Let the Old Pro give You the New Look.
Custom Hairpieces Only.

Call

STUDIO

Hair Replacement Center

APPOINTMENTS

649.3888

80

Friday, April 24, 1987

737-0010

Maple Just E. of Farmington Rd.
next to E.G. Nicks

• • • • • • •

INDEPENDENT DISTRIBUTOR

The Dating Program

Main Level, Suite 107, Troy, Michigan 48084



• • •• • • • Ak
• compact discs
• audio, video
blank tapes
•• vhs movies
• all movies 75' to $3.25

HERBALIFE

LO-LA

• 3001 W Big Beaver Rd. at Coolidge






Call or write

Claire Arm
Mildred Rosenbaum

• •

• VDE07;711k iamr •

• •





Aft

John W. Mallia
Hair Technician

THE DETROIT JEWISH NEWS

CALL ME FOR PRODUCTS

HILDA RASKIN
522-2020

ALAN G. YELENSKY

"You're a financial plan-
ner?"
"How much do you charge,
are you expensive?"
When I describe the type of
work I do, more often than
not, these are the first ques-
tions that are asked.
Financial Planner? "What
is their function?" "How do
they get paid, what proce-
dures are used?" Does it work
for everyone, is it a one time
service?" "Is it on going; what
procedures are used?"
These questions concern
most people who are in-
terested in protecting their
personal financial status as it
concerns their wealth ac-
cumulation, preservation of
capital upon death, proper
distribution of assets.
In the fall of 1981, John
Platt of northern California,
replaced the oil burner in his
19th Century colonial home
with a new energy-efficient
model. The price tag, includ-
ing installation, came to
$2,500. "It was a lot of
money," said Platt. "But I de-
cided the investment was too
good to pass up."
Platt figured he saved $406
in the first year; "compared
to Treasury Bills," said Platt,
"It was a lot better off with
the new oil burner."
Platt hit upon an impor-
tant key to financial success.
Managing money by seeking
out opportunities for "yield
efficiency."
With this key idea as a
starting point, one may wish
to investigate a financial
planning service called "Per-
formance Planning." Basi-
cally, Performance Planning
shows you how to recover
some of the tremendous
wealth that passes through
your hands over a lifetime,
money that is either spent
unwisely or lost to taxes and
inflation.
To accomplish this re-
covery, you need a thorough
analysis of where your money
is currently going. In most
cases, money left over after
everyday expenses ends up in
of three places: The World of
Protection, The World of Sav-
ings, The World of Growth.
The protection world in-
cludes auto and homeowners
insurance, Social Security,
hospitalization and disability

Alan G. Yelensky is
president of Alan G. Yelensky
and Associates and is associ-
ated with the Detroit Finan-
cial Group in Southfield.

income protection along with
life insurance, wills and
trusts. We will need most of
these things. Life insurance
and trusts, besides servicing
as protection vehicles can be
important sources of savings
and income.
The second world, savings
includes passbook savings ac-
counts, money market funds
and tax sheltered savings of
various kinds.
All vehicles in the savings
worlds offer yield and safety,
but some have higher yield
efficiency by offering higher
earnings and tax_ advantages.
For instance, money mar-
ket funds currently pay
higher interest rates than do
regular passbook savings ac-
counts. IRAs and other tax-
favored plans can offer good
returns along with tax sav-
ings.
In the growth world, the
element of risk becomes a
factor. This world includes
municipal bonds, blue chip
stocks and tax-favored
growth vehicles.
In growth vehicles, money
has a higher yield efficiency
in some forms of investments
than it does in others. Assets
in government bonds are the
safest with reliable returns
when interest rates are
stable.
Stocks have the potential
for greater return along with
the risk of loss. Tax advan-
tage investments offer tax
savings along with the poten-
tial for gain or loss.
Ideally, you need to put
money in each of the three
worlds. The challenge is to
position every asset for
maximum yield efficiency.
With performance planning,
your financial planner can
work out a program based on
your resources and needs,
coordinating your money
management decision so your
assets are positioned in a way
that meets your needs and
your risk-return objectives.

Hilton To Host
Makeup Workshop

Novi Hilton and Jeffrey
Bruce, guest host on Kelly
and Company, will present a
two-day overnight workshop
at the Novi Hilton for women
interested in hair styling,
makeup applications and sec-
rets to glamour May 17 and
18.
There is a charge.

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