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November 10, 1989 - Image 62

Resource type:
Text
Publication:
The Detroit Jewish News, 1989-11-10

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

ENTERTAINMENT

THE NEW

Rappin' Rick

DELI RESTAURANT

Continued from preceding page

352-3840

LA MIRAGE MALL, 29555 NORTHWESTERN HWY, Bet 12 Mile LT Inkster
Our Chef Recommends

1/2 ROAST CHICKEN
ROAST TONGUE
SALMON PATTIES
SHORT RIBS

investment jungle out there.
"There are CDs, real estate,
mutual funds, individual
stocks, bonds, international
funds, gold coins — paintings,
stamps and even baseball
cards!'
Whether the caller is an in-
vestment novice or veteran,
Bloom patiently walks the
caller through the dense,
financial forest. "I like to be
relaxed," he says. "It helps
the people who call in to
relax!'
Unlike other, more pro-
vocative talk show hosts
whose voices seem to march
right out of the radio, Bloom's
tone is mild and congenial.
"I'm goal oriented," he says.
"When people have money to
invest, the first question I'll
always ask is 'What do you
want from your money? Are
you looking for long-term
growth? Income?" I always
try to concentrate on the ob-
jective someone wants to
achieve, then look for the pro-
per investment product!'

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41

MONDAYS THRU THURSDAYS

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ALSO INCLUDES: EGG ROLL, WON TON OR EGG DROP SOUP, ICE CREAM OR SHERBET & HOT TEA

r

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ANY ENTREE

Le Breakfast

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Le Brunch

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62

FRIDAY, NOVEMBER 10, 1989

Beyond direction, Bloom's
listeners also receive the
latest "let the buyer beware"
updates. A recent Bloom
caveat involves charge cards.
"Everyone thinks all
charge cards are the same,"
he says. "Well, they're not.
With some of the new cards
coming out on the market,
you pay interest from the date
of purchase, no grace period.
Even though you pay your bill
on time, you pay interest!'
In addition to specific pieces
of information, general
themes repeatedly show up in
Bloom's advice to the
monetarily perplexed: Save
for retirement. Diversify that
protfolio. And, "Don't let the
tax tail wag the dog!'
"I don't want people doing
anything just for tax pur- -
poses;' Bloom says. 'I say,
`Forget the tax issues. Why do
you want to do that? Let's
look to the economics of the
situation,' "
Some situations are more
comical than economical
when a professional dispenses
advice on the public air
waves. Among the clear-cut
requests for information were
some murkier
communications.
Bloom once received a let-
ter, presumably from a
listener, written in a foreign
language that didn't look like
anything he'd ever seen. His
curiosity piqued, Bloom took
the letter to the language
department, at Wayne State
University where, it turned
out, no one could identify the
language — let alone decipher
it. The incident remains one
of Bloom's unsolved radio
mysteries to this day.

J



4.1

After four years, Rick is at ease at the microphone.

I

Bloom, who grew up in Oak
Park and holds a law degree
from the University of
Michigan, might never have
run into such advetures had
it not been for his client and
friend, Dr. Leonard Portner,
host of WXYT's "Ask The
Doctor." In 1985, WXYT
management was looking for
a new host for the "Money

'

"I'm goal oriented.
When people have
money to invest,
the first question
I'll ask is, 'What do
you want from your
money? Are you
looking for long-
term growth?' "

Talk" show. Portner sug-
gested Bloom interview for
the job.
Bloom went through a trial
run and management liked
his way of simplifying com-
plex answers. They liked the
fact, he says, that he had no
vested interest in the invest-
ment products he discussed.
They liked his youth — he's
now 35. By June 1985, he was
named the official host.
Bloom admits to having
been slightly overwhelmed at
first. Except for a stint of sax-
ophone playing in his junior
high band, no performing for
the public was in his past;
no stagestruck urges lurked
in his psyche.
"After the first few shows,
I'd walk out of the station say-
ing. 'Did I make a fool of

myself?' " he says. "I was
scared out of my mind.
"I'm concerned with the
quality of my answers. I want
to make sure I help people as
much as I can. At the same
time, I was nervous about the
techniques of radio — pro-
nouncing the words correctly,
the format, how to get in and
out of calls!'
It wasn't long before Bloom
was making those many radio
entrances and exits with ease.
He says he isn't dismayed
when, on occasion, a caller
challenges him.
"I'm always learning new
things," he says. "I'm willing
to admit when I'm wrong!' 1=1

tow 1

4

-

,1 1

1

Smith Theater
Schedules Events

Oakland Community Col-
lege's Smith Theater in
Farmington Hills has set a
dinner/dance, martial arts
demonstration, art exhibit
and music concert as its
November events.
The "Dinner Theater
Series" features a 1940s
style dinner 6:30 p.m. today
followed by a dance at 8 p.m.
As part of the "Kids
Series," demonstrations by
Lezlie Light, Steve Kass,
Bob Feinberg, Suzan Kass,
Sheila Stern and other men
and women of Carbone's
Martial Arts Academy will
be presented 11 a.m. Nov.
11.
On Nov. 10-24, the Eighth
Annual DeRoy Art Exhibit
will be on display in the
gallery of the Smith
Theater.

4.4

"El

4

41

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