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February 01, 1987 - Image 11

Resource type:
Text
Publication:
Michigan Citizen, 1987-02-01

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

FEB�UARV 1 -7.1987 THE ICHIGA CITIZEN
11
A BOOK TO READ
Title :Black Succ ss
Au thor: T.P. Rolli s
Int rnational Standard Book
Number: 0-941-15760-8
Boo Size: 8lhxll
No. of Illustrations: 2
Cost: $9.95
Publ isher: Pride & Company.
Publish r,P.O. Box 262651,
Houston, TX 77007-2651
Black Success, b� T.P.
Roll ins, is a road map for
Black Americans who want
to build a defense against
racism and obtalh alth.
The uthor t lis Blacks to
get P.O.P. (Pow r Ov Pre­
judice). pointing out that
to change Our
view of racism and rid -our­
lves of the negativism that
contribut s to deteriorating
family structures. decaying
neighborhoods, and low eco­
nomic status.
Rather than ing racists
as po rful and intimidating,
we should them as mal d­
justed peopl who do not
bel ve in American id als.
Shift th mphasls to' seeing
America more as a land of
opportunity than equality.
The author points to success­
ful BI cks and encour g s
read rs to adopt their pos­
itive attitudes and methods
for mastering the American
system.
The author clears the
reader's h ad of n gative de­
bris, then relates his for­
mulas for success. Primary
among yh strategies is plann­
ing. A plan contains the
lem nts of (1) obj ctivity,
(2) reason, (3) ·means, (4)
resources. (5) cost. A written
plan for success giv s de­
finite direction and purpose.
The book takes the read r
through a numb r of cussess
exercises. Th reader fills out
planning charts for each of
th ir lif's goals and are
taught how to build a success
circle.
Also includ d in BlICk
Success are tips on quick
routes to c r rand busin ss
uccess; forming Black Car-.
tels to invest in Black n igh­
borhoods; and a segment on
how to make money.
BI c Success, by T.P.
Rollins. is available for
$9.95 from Pride & Com­
pany, Publishers, P.O. Box
262651, Houston, TX 77007-
2651.
Underst�riding financial institutions
What are. common stocks?
By JODIllSOD
The ay I overheard
an intere ing conver tion
about common do It
·occured in my living room.
y daughter ed my son,
''What is a ock market?"
He an ered, "It is a collection
of ode that people buy and
II from 0 bro en like
Dad." Still not thoroughly
convinced, ed "What i
ode?" response wa,
"A cofnmon 0 represents
part 0 nenbip in a company.
ere are abo preferred rocks,
but I don't kno what they
0." 'That's not right!", e
snapped.
At that point I decided to
enter the conver tion. "That
i true" I 'Whenever a
- share of common ock i
bought, the buyer in e nee
become part owner of the
company. For example, if
XYZ Corporation h 2,000
shares of common tock out­
standing and r. Smith buys
100 then he control
5% of the company Le., 100
share - 2,000 share). Since
each share h an equal number
of votes (usually one per share)
then Mr. Smith so control
5% of the votes for XYZ Cor­
poration. Thi is a very impor­
tant point when the company'
ockholders are voting on a n
Board of Directors, a
company policy, etc."
''What is more import
I added, "ts that hen er .
company p ys di idend
ByJ
Below are me ex pi of
the type of inform tion you
can get for fre :
-If you are int re ted in
earning extr mon y nd for
the fre booklet Earnin on y
In Your Spar. Time from
Ultimate Succe 4202
166th Street, Suite 78-S, Lawn­
dale, California, 90260.
-If ou need a tudent
Smith receive 5% of all the
money that is paid out. So,
he can receive income while
he 0 n sto in the company.
Ho ever kno ing r. Smith
ell I do, income is pro­
ably not the only rea n he
the toc. If he bought
o t 12.00 per share,
ticipate that it will ri
18.00 per share within a
to t elve month time inter­
val. At that point, he will tell
the ock and make a 50%
ancial finds
loan, the Higher Education
A . ance Foundation will help
you find one and will not charge
you anything. You can con­
tact the foundation at 6800
College Blvd., Suite 600 Over­
land Park, ansas, 66211 or
call 913-345-1300.
- If you want to tart a
small business get me of your
tax money bac from the
government by writing the Small
return on hi initial inve tment.
Therefore be 'des being income
inve ments, common stoc ar
abo growth inve ments."
" ow, does th t explain
common ock for you?",
ed. "Ye it really does",
e answered, "and I would
lile to t to Mr. Smith about
buying some XYZ ock."
P e read thi column next
we k, when I will explain
preferred rocks to my n.
Busine Admini tration. In­
clude information on the type
of busine you ant to start
and you will be sent a p c t
which also includes details on
how to find busine 1 ans
and the best legal structure
for your busine S. rite the
SBA Office in Texas, P.O.
Box 15434 Fort orth
Texa , 76119.
need.
Pro vi ions to qualify for aid
are nearly unlimited. For
example awards are vailable
to caddies newpaper carriers,
cheerle en glee clubbers, band
players, and handicapped stu­
dents. Son and daughters
of fishermen are eligible for
certain cholarship funds.
Scholarships are given each year
to members of 4-H Clubs and
the Future Farmers of America.
Private aid is available for tho
ho are left-handed, female a
minority, or over 30 years of
e. The list goe on.
'In many ca s the funds
are available simply by a ing,"
said arvin it chell , President
of US. "The problem i
that the majority of udents
and the general public do not
know of the existence of uch
aid or how and where to a ."
Student wishing to u thi
scholarship matching service will
be sent a confidential appli­
cation form upon reque . US
ill feed the submitted dat
into it computer - matching
the data with requirements of
thousands of private financial
aid programs. The tudent
will then receive a list of urces
for which he/she qualifies.
The co t of the rvice is
39. Discounts are given to
tudents already attending col­
lege. United Scholarship et­
work guarantees that it can
.ew solution for college financing
locate at least five pr gram
for any student th t applie
or there is no charge.
Contact US by callin
1- OO-USA-1221, Ext. 616 or
write to US ,Contra t Stati n
6, Box 125, 1525 herman
Street, Denver Colorado
80203.
THE CREDIT AND LOAN GUIDE
Did you know that there Ir private I nders who provide
10 ns to almost anyone with I steldy job f regarless of the per­
son's-cr dit r ting?
A list of those privlte I nd rs is just a small bit of the
financial self-help information in th just rei as d guidebook
entitled: The Credit And Loan Guide.
Also available in th Guid :
* The Six Best Ways To Raise oney Quickly
* How To Repair Your Credit Rating And Qualify For
Major Credit Cards in 90 Days
* Motivating Yours If To Financial Security
But best of all, the Guid is only $11.95. Send check or
money order to Potomac Associates, 1377 UK" street, NW,
Suite 98, Washington, DC 20005 •.
OW 2 YEAR SUBSCRIPTION
Value $74.88 - Save $52.00
You Pay Cost of Postage Only, $22.88
THE A TIO ALIST VIEW
New National Weekly Newsletter
_Q.L!_h_e_f�_Q£LE!..:_F_O.I_t_tl�_�eop�_:.!3.Y_1t1�_��2Q�e_
o Enclosed is my check/M.O. For 22.88 as full payment.
o Please bill me with first issue, I have 30 days to pay.
TV. Syndicat P.O. Box 644 Ad Iphl Stati6n
Brooklyn,. : Y. 11238
DE �R - Thousands of
privately funded grant, holar­
shi s .jnterships, and loans will
go unclaimed this year. One
e im te given by the ational
ornmi 'on on Student Finan-
cial . anee put unu d col-
lege fund t $5.7 billion.
United Scholarship etwork,
a scholarship m tching firm,
reportedly ha over $72 mil­
lion of nongovernmental aid in
it computer. Student
n tionwide re given the oppor­
tunity to pply for the avail-
ble fund I
Unlike many government pro­
gram eli ility is not deter­
mined by student's financial
OW THERE'S 0 LV ONE
Y
Sundays 11 :�M�
FLORIDAA&M
ENDOWED
Tallahas e, Fla. - The An­
heu r-Busch Foundation has
donated 600,000 to endow a
di ingui ed scholar's chair in
the School of Busine and
Industry at Florida Agricultural
& echanical University.
The Florida State Legislature
will match this grant with a
400,000 appropriation under
the Eminent Scholars Program,
th t the chair will have a
total endowment of $ 1 mil­
lion, enabling the business
hool to recruit a world-class
scholar.

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