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.