.Financial expert
According To Mrs, Swift
Everyone Can Benefit
Ran Elne~~ai fiaiiig
By Aadrey C.Lodato
Peat Staff Writer
Is financial analysis and
planning only for the rich?
Put another way, b there
any point in srrhlrq; the
advice of an investment
counselor if you are the
moderate or lower Income
brackets?
Mildred D wiggins
Swift, of Wadded and Reed
Financial Services, an
swers “no” to the first
question, and “yes” to the
second.
The philosophy of Wad
dell and Reed b that
everyone, regardless of In
come level, can benefit
from financial planning.
The company hat been in
eneratfaei «£«■» MMff Thm
When I first overheard
Mildred Swift esplsis to
someone what R b that she
does, I was only mildly
interested. But when jafae
mentioned that Step One of
her service is a free per
sonal financial analysis, 1
began to listen in earnest
It sounded good. I’d
often wanted to be able to
discuss my finances with
someone who could help
me set some financial gosb
and suggest alternative
avenues to reach those
goab. Here was my chance
- and It wasn’t going to cost
me anything!
I told Ms. Swift I was
interested in the analysis,
but I doubted I could
afford to make any in
vestments. And besides, I
was afraid she would
laugh when she heard my
income.
income is relative, sbe
explained. “It has nothing
to do with bow much money
you make; rather, it’s how
well you are presently
handling your obligations.’’
She convinced me that I
might be pleasantly sur
prised.
The first step in the fi
nancial planning process is
an analysis. Ms. Swift, who
is a Registered Repre
sentative licensed by the
Securities and Exchange
Commission, prepares for
each fact-finding inter
view so as to be most
helpful to the client and to
buikl tniit. She also
■tresses the confidential
nature of the interview.
It is suggested you Wing
tax returns, insurance po
tldes, and any other fi
nancial documents you
may have. I didn’t faring
any, and we managed.
In the process of col
lecting the financial infor
mation, Ms. Swift was able
to help me identify and
clarify some goals. Some of
the areas we looked at
included life insurance,
retirement, investments,
tax strategies, and eaah
with if you had to tom-"
porarily, be out of wort,”
she explained.
We alee analysed what
she referred to as my
“financial temperament,”
or comfort level with
regard to financial rkk.
The next step in planning
is to look at possible
strategies. In about 10
days, 1 wifi receive a
comprehensive computer
ised printout irniwhariahtg
the data and making pro
jections baaed on my
responses to questions on
the fact-finding form.
Individualised recom
mendations will be tailored
to meet my needs and
objectives.
After we’ve looked at the
possible strategies, Ms.
Swift will make recom
mendations tor action. As
the Waddell and Reed
brochure states, “Takii^
action is perhaps the moet.
vital step of all. the num
ber one reason why most
people fail to reach their
financial objectives is pro
crastination.’’ f
I left my fact-finding
interview feeling excited.
Hopefully, with Ms. Swift’s
assistance, I'D be able to
make some headway
against the mrn Ini issuing
cost of living all of us face.
Kite button Is
CMttiMl Fran Page 1A
pel, but theatrical ana sou]
arrangements are favor
ites, too,” she stated. Rita
. mentioned It’s Important to
her to “be able to get along
with people." She also il
lustrated she’s "competi
tive, determined, outgoing,
and active.’’
All of these ideals were
instilled in her by her pa
rents, according to Rita.
“They ere the two people
whom she admires most in
life. She is the dautfiter of
Martha and Rev. A.B. Sut
ton, Sr. Rev Sutton Is the
minister at Ebenezer Bap
tist Church.
"I admire aH of my
family,” Rita spoke proud
ly. My brother, A.B., Jr.,
has made Ms point in Hie”
Rita’s brother attends
Hood Timoiogli si Semin
ary. "He seems so happy
with what he’s doing," she
added.
Rita’s sister, Pam, sad
her grandmother, Martha,
also hold special placet in
her heart. “I love both at
thorn very much,” Rita
smiled.
Besides acting and sing
ing, she enjoys dancing and
playing tennis Rita has
been a member at the
executive council in each of
her schools since the eighth
pads. She's been a cheer
leader since elementary
school.
in church, Rita is a mem
ber of the A.B. Sutton
Choir, as well as the Youth
snd the Mam Choirs.
“Whoa I go to college, I’d
like to major In cemmuai
catkma with a minor in
Drama," Rita stated. She
hasn’t decided which col
lege she’ll attend, but
having a keen interest in
English and literature, she''
anticipates excel 1 ins In
Communications. “I’d like
to be a television broad
castor,” Rita mentioned.
Kacey Caddy. Vivian William nnd
Hester Johnson finalise plans to an
Evening of Elegance sponsored by the
Charlotte Friends at the Arts. (Photo By
Bernard Reeves)
Plans Finalized For
“Evening Of Elegance”
runs nave been final
ised by the Charlotte
Friends of the Arts for an
“Evening of Elegance” to
be held in the Grand Ball
room of Charlotte’s
Jbrrlott City Center
Hotel, Saturday, May UL.
Ibis unique fundraiser
will provide scholar
ships to local talented
students of the arts.
Charlotte Friends of Oml
Arts vigilantly assists |$£
cal artists, aspiring young
students of the arts, and the
Afro-American Cultural
Center.
According to Vivian
Williams, chairperson of
the Charlotte Friends of the
Arts, “This gala cele
bration of the fifth anni
versary of tbs Friends will
gance” throughout the
-evening. Cocktails and
dinner by candlelight will
oe served.
The Marriott’s plush
surroundings will be the
perfect setting for the
black-tie affair.
r or more information
regarding invitations, call
392-1540 after 6 p.m.
Hester Johnson is chair
person of the Evening of
Elegance; co-chairperson
is oiepuauic tounu;
Kacey Cuddy is the Cater
ing Manager of the Char
lotte Marriott City Center
and Vivian Williams is
chairperson of the Char
lotte Friends of the Arts.
LDF Boasts 43 Years Of Service
The Legal Defense Fund
boasla a 43 year-old history
of service, protecting the
legal and constitutional
righto of blacks, other ra
cial minorities and women
jP^ceurto.
LDF attorneys have won
hundreds of court decisions
in the areas of public edu
cation, equal employment,
housing, health care and
-voting rights.
- In addition to legal mr
vices, LDF sponsors two
national scholarships and
fellowship aid programs.
An educational fund, a
training program and an
internship for future law
yers are all available
through LDF.
On April 14, the North
Carolina Committee of the
Legal Defense and Educa
- tional Fund will sponsor
its 15th Annual Dinner at
Holiday Inn-North. The
speaker for the evening
«■*
1 '
Will be Dr. Mary France*
Berry, civil right# oommis
sioner.
Formerly a \JS. Assist
ant Secretary for Educa
tion in the Department of
Health, Education and
Welfare, Dr . Berry!*
known tor her stand re
garding civil rights. Aside
from her responsibilities as
commissioner, Dr. Berry is
also a professor of History
and Law at Howard Uni
venity. She also Is a
member of the Bar of the
District of Columbia.
At this year's dinner,
chairperson Zoe) Har
graves expects to have a
faiLjw** fo gjMnfrnco _
lie encourages people to
make their reserve tkxw as
The event will begin at
5:45 p.m., and dinner will
be served at 7-p.m. •
*
Use
P THE CHARLOTTE POST
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