Page 4A - THE CHARLOTTE POST - Thursday, March 16, 1989
Easy Way To Start Investment Program
Any time is a good time to start
■ a regular Investment program.
! One of the easiest and most effi
cient methods Is dollar-cost av
eraging. If you don't have a large
sum to Invest but you have
monthly or quarterly discretion
ary dollars set aside for savings,
this system will help you
achieve long-term growth.
The strategy is straightfor
ward: Invest equal dollar
amounts at regular Intervals —
usually monthly or quarterly —
over a long period of time. The
result: Your money works
through rising, fluctuating, or
even declining markets. Since
you will accumulate more
shares at low prices and fewer
shares at high prices, the aver
age cost per share is likely to be
lower than the average price per
qhare. Time — not timing — Is
the key.
Consider the following exam
ples:
Rising Market
Date of Regular Share Shares
Ihve^metU Imatment Price Aaimred
TOTAL
$1,200 $45 130
Avg. Share Cost: $9.23 ($1,200-f 130)
Avg. Share Price: $11.25 ($45 h-4)
Fluctuatiiig Market
DaUof
Invtstinmi
Regttlar
Invtstmad
Shan
Frict
Shorts
Acquired
3-31
$ 300
$5
60
6-30
300
10
30
9-30
300
10
30
12-31
300
5
60
TOTAL
$1,300
$30
180
Avg. Share Cost: $6.67 ($1,200 -f 160)
Avg, Share Price: $7.50 ($30+4)
Declining Market
3 Dakqf
.i Jnvnimtni
Rtgitlar
Immtmtat
Short
Priet
Shares
Acquired
t 3-31
% 300
$15
20
6-30
300
15
20
9-30
300
10
30
12-31
300
5
60
TOTAL
$1,200
$45
130
Avg. Share Cost: $9.23 ($1,200+130)
Avg. Share Price: $U.2S ($45+4)
Over long periods, regular In
vesting can mean real dollar
i Exploring
Caribbean
Opportunities
NEW YORK - The Internation
al Trade Division of the National
Minority Business Council will
sponsor Its first Caribbean
Business Exchange June 14-17
In Montego Bay, Jamaica, as
part of Its commitment to pro
mote International trade oppor
tunities for small- and minority-
owned businesses.
{ The highlight of the four-day
program will be "deal-shops," In
! which experts and business
_ owners explore venture oppor-
, tunltles under U.S. and Carlbb-
\ ean government regulations and
' private sector Initiatives at the
^ "nitty-gritty" level. The U.S. regu-
; lations that will be discussed In-
’ elude P.L. 99-661 (Department of
Defense 5 percent minority
; business procurement goal),
■ and P. L. 95-507 (small and ml-
nority business subcontracting
' program). These two programs
j offer potential sales of over $22
i billion.
f Caribbean Business Exchange
J will also feature matchmaking
’ opportunities, displays of prod-
- ucts and services, guest speak-
ers from the public and private
■ sectors (such as Inter American
I Development Bank, Interna-
J tlonal Finance Corporation,
Overseas Private Investment
S Corporation, and commercial
J banks) networking sessions,
" and recreational activities. Spe-
5 clal attention will be paid to the
^ impact of the entrepreneur's in-
^ ternatlonal commitment on
4 family life.
■ Target Industries for this first
J exchange are pharmaceuticals,
5 food production and processing,
i textiles and apparel, electron-
5 ics, and related Industries.
; Co-sponsors of Caribbean
5 Business Elxchange are the U.S.
j Department of Commerce (Ca-
p ribbean Basin Initiative unit,
'! and the International Trade Ad-
i ministration), and JAMPRO (the
? Jamaican government's Invest-
f ment and trade promotion agen-
!jcy).
The National Minority Busl-
H ness Council was established in
1 1972 as a not-for-profit mem-
■ bership organization dedicated
»to the development and growth
;of small, particularly mlnority-
' owned businesses. The Interna-
. tlonal Trade Division, esta-
blished In 1987, reaches out into
the global economy to identify
, and develop opportunities for
' Council members in the Inter-
,1 national arena.
I For further Information, con-
. tact Fritz-Earle Me Lymont at
: 212-573-2301.
The Financial
Comer
with
Marcus Butts
their value Is less than their cost
result in a loss.
If you have any questions
about dollar-cost averaging.
send your questions to Marcus
Butts, c/o The Charlotte Post, P.
O. Box 30144, Charlotte, NC
28230.
gains. Bear in mind that dollar-
cost averaging does not protect
you In a continuously declining
market and shares sold when
SMART MOVE!
Come To Us When You Want
A Newspaper
That Covers The Black Community
Cliarlottc jjloat
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o
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mmm
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165
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^ntage 4 Star-Kist Chunk
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Libby’s Corn Or QQ Tropicana 4 CQ
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179
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$
Mt. Olive Kosher
]^by Dills
16 Oz.
1.19
1.39
6 Inch
Pot
ThehespG^littfDeliBakj^
Single Topping Echrich
Pizza Corned Beef
For
Sliced To
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7Jie0fi!tfl£wT)'ice3n/perPnar/(:et
Prices In This Ad Efiedive Throu^ Saturday, March
We Reserve The Right To Limit Quantities. None Sold ToJ