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Show tydkwfA From Wall Street Main Street To v . Your Greatest Investment Decision Why Do I Want To Invest ? G Why do I want to Invest?' Your Investment decision That E) Steady F) Immediate boost principle question. I want to invest to have more money, think many Investors. While its true that people invest to make money, to answer the question like that is like answering the question, Why do you drive a car,? To get someby saying, where. Its obvious. In investing as in driving, you must ghoose your destination and then choose the route you want to use to get there. Therere lots of destinations; and therere many routes to each destination. 0 WHY The question, "Why do I want to invest?" is the wy to decide your destination and also the best types of investments for you to buy to get there. If more people would consider Current needs These are the factors you consider. First, what are your current obligations, and what possibilities are thara .for. unexpected expenses to pop up? You must allow for your living expenses. After that there are. your Investments of Insurance and real estate. Of course you must try to allow for unexpected expenses such as sickness, repair bills to the car and house,, and so forth. Your insurance will take care of some of this, but be sure to make allowances for insurance pre- " m mlums too. should LONG RANGE PLANS? After youve allowed for your current expenses plus a buffer cash account, its time to start considering your long-tefobligations. These might very weH be the reason that you want to save and invest. Will you have to pay for education, retirement, building h house, making a trip, or sending your children on a trip? About how much cash will you neVd for these, and how Jar off are these expenses? m Taking into consideration the amount of money you will need and the time you will need, you should then decide on the type of profit you want 6 from your Investment. Do you want income from dividends, or do you want the value of your investment to grow? Perhaps a combination of dividends and appreciation is best. Which of the following kinds of investments do you most want? Arrange these In the order that Is most important, to your Safety of principle so that your investment will always be worth a certain amount. A) B) Easy to convert into cash quickly , any undue that ip the SCHWABACHER 4 CO. has ready for the public. The report features discussions of General Telephone and Electronics, Coastal States Gas Producing, and the tire and rubber industry. It also has a new study on Fidelity Bank of Beverly Hills. securities markets D) Future Income MERRILL LYNCH, PIERCE, FENNER 4 SMITH has two booklets -- - 20 Stocks for Long-terInvestments, and How To Read A Financial Report. After youve thought about your short and lo.ig-ranneeds and the type of investment profit and risk you want, youre ready to start talking to a registered representative (broker). One thing you should keep in mind is that you may reasons to have different invest and these may conflict with each other. This means that you wont be able to find one security' tg fit all of your investment needs. One mistake many inexperienced in- vestors make is trying to find onestock which will fit every need. Think about your money available for investment this way. What part of it can I afford to use in speculation? . What part do I need as income If you consider producing? and your needs one your goals ,at a time , then you will be able to apportion your money according to your needs. You may want to put some in government bonds, some in one or more of ihe many kinds of mutual funds, and some in speculations. Dont try to find one stock to be all things to all needs m Named U. of Nev. Erwin, 3L20 Coronet Drive, has beta named associate professor of geophysics at MacKay School of Mines, University of Nevada, Reno. He will also conduct mining and geophysical research for the Nevada Bureau of Mines. h Mr. Erwin attended the Michigan College of Mining and Technology and graduated in 1949. He also holds anM.S. Degree from Colorado School of Mines at Golden. While he was a student, Mr. Erwin worked for phelps-Dodg- e Corporation and the U.S. Geological Survey. He later joined the Corporation in research at Midland, Michigan. In 1954 he worked for .the geophysical division of American Smelting 4 Refining Company, Salt Lake City. He held this same position until 1964. During the last several years, Mr. Erwin was employed in the advancedsys-tem- s department of Hercules Powder Company, Bacchus Works. Picks Loan Man, Meibos Robert B Meibos has been appointed mortgage loan representative of Travelers Insurance Companies which is a newly established office in Salt Lake City. Mr Meibos attended University of Utah and later was graduated from Brigham Young University, Provo, Utah. He and his wlA and five children reside at 3981 So 3210 He first joined the insurance firm in 1959 at Dallas, Texas. His wife, Marilyn, is the daughter of Lemoyne L. Hatch of Salt Lake City. Invite you te Brine the Family tv tH ' The new structure was designed by the architectural firm of Edwards 4 Daniels, Salt Lake City. The contractor was Berg Brothers Construction Co. Surrounding th pool'ls an array of imported Romanesque Statues The new Health Spa at present has a membership of 535, 300 of them charter mem- berships 1 preferred HOOVER REPAIR COMPLETE OVERHAUL Parties ml, are to see. that the publics share of the stock gets as wide distribution as possible. Half of the total stock offering will go to companies associated with Satellite Corp. and half will go to the public. No one person may own more than 10 of the outstanding shares, and no qompany may own more than 25. ' r- 1 "T On L I Cleaning worn in days a week. Call CR lor Trash - Day Care for 5 yr. girl 4 upkeep on small house. Call 35 Wanted Business Mens Luncheons, women clubs, organizations private parties, large dining room. Excellent food. Smiths - 35 4. For Rent - Extra Special, 1 bdrm home in Cottonwood. Privacy, close to shopping s. 1 Call or Also office space or shop for lease. 35 and-bu- trade for equity - 3 bdrm brick hom, Bath 12 full Will CR7-093- bsmt. Corner lot 13th East 5th South - 68th South. Call CR7-012- - Reg. cleaning woman once a wk. No children. 277-65- 277-251- care Call CR7-599- 34 2. 4. Services - Love to tend Ismail child in Holladay area. My home. Call and light housework. 277-194- 9. Services - Ironing done in my home. Call -- 0397. 1 Services dressmaking, fitting, alterations, heavy duty repair. Call for prompt service. Call IN 326 Olympus Hills - $22,700 our carpeted, fenced, landscaped brick home. Has 4 bedrooms, baths, all electric kitformal dining room. Call chen, owner CR For Sale - F.M. White toy poodle puppy - 8 mos. old. Show house broken quality Ph. $125. 467-283- CR7-636- CENTURY CARPETS CLEANERS EM4 - 8941 228-96- AX5-962- Fqt Sale - 52 Merc hardtop 57 bids, powered. Allnaug-ahydinterior. Heavy duty Call 4 pm. tfc the Week A twelve year old boy from Granite Junior High School Is this weeks carrier boy of the week. Hes Steve Wlderberg, son of Mr and Mrs Mel Hardy of 5846 Highland Drive. Steve has been a Neighbor carrier for a year and a half, and delivers on 61st and 64th South from 13th East to 20th East. On 20th East he has the Cottonwood shopping area south to Westwooa Way. He also delivers to Jeremy Dr. This gives Steve one of the largest areas to cover of the Neighbor boys. X Steve has 2 brothers and 3 sisters. He plays baseball and is a member of Troop 95 Boy Scouts of America. 484-779- 6. CR8-091- Call $15 V-- Ground Beef for your freezer in 25 lb. lots. 39c lb. Meiers For, Sale - 4730Holla-da- y tfc 12 cu. ft. CR 3-- Phil-c- o chest type freezer, $135. Excellent Cond. Phone IN7-075- 1. tf- - PRIVATE TUTORING vice. Free Estimates. Time tested cleaning of all types of fine carpet 4 furn. fabrics. All work guaranteed. Call EL5-435tf Reading . Math English How to Study etc. 6. HI NEIGHBOR For best in carpet cleaning Immediately Available Also KINDERGARTEN unique Carpet Cleaners tf 9 1964-196- ' PIANO Call Olson CR7-633- 4 'ORGAN lessons 3. Mrs Jenny 5" Call 278 - 0812 THE READING CENTER tf IN HOLLADAY Service - Piano, voice, and guitar lessons. Your home or mine. 34 Long Distance makes for wonderful family reunions. So get the family together and visit with a favorite relative this evening. Only Long Distance keeps you in touch so personally. ' Try it and see. For Sale - Hjome, So. East Murray, owner moved, immaculate 2 bdrm. rambler. 80 x 150 ft. fenced, landfull basement, scaped, plumbed wirec 22ft attached garage, large patio, flagstone floor, 20x14 ft living rm. x central entry 19 ft kitchen. Large hall. bdrms, good floor plan, superb construction; T. V. aerial, appliances) drapes, ww carpeting. See any time, 5456 Kenwood Dr. 262-22- $5.95 8-- 12 12 all krone. STATES ' TELEPHONE (2) PRIVATE TUTORING 12-vo- Reading - Spelling Math - English Weekday urdays, afternoons, supervised by Western Battery 4645 Holladay Blvd. Between State k Main, 13th South tfc 2 $8.95 lt Generators, Starters SatW C Hammond CR8-091- HU7-776- EYE EXAMINATIONS Glasses - Contact Lenses Early morning and evening hours by appointment. DEARDEN VISUAL CLINIC 4689 Holladay Blvd. Phone r CR8-816- 9 Painting For the Best . . zz:.vzzs i Painting and Decorating Free Estimate Call Charles Card 326 . Your Holladay Pointer I . V y; LUDWIG BOHLAND tfc 4' ' ' BATTERIES 484-26- 6-v- Powwow 5 art, music, health, sbeial develope-men- t. CLEAN CLEAN CARPET and furniture cleaning ser- CR7-343- Blvd. or 278-35- 466-25- 1 i For Sale 1954 8 cyl. tudor Pontiac, $159. 1954 8 Four-doDodge with radio. Call sessions. Numbers, reading readiness, language science, HU5-183- CR8-006- ! 1) deve-lopeme- nt N Special - Kitchen chairs recovered in naughyde. $5 and up Free pickup and delivery. or 3 Fred Beesley, ' tf Meets. yards. Kennecott, days a week willing to pay gas 4 oil. Would like as many rides as 326 possible. Call Kindergarten, (278-353- 35 3 Authur 5 2062 Susan Way 7080 South, accepting limited enrollment Sept. 3hr. 326 HU5-171- ride to Need 2 Susan Way Sale - Gas range. Exel cond. 278-30- 298-11- For Sale - Beautiful Rose-Mar- ie Reid Wig. Platinum. Was $70. - Now $45, 1906 E. For Fencing Materials, Portable Dog runs, Cloths poles, licensed installer, 6274 So. Highland Dr. Phone tf 5. 35 277-78- ears HU4-171- Sessions for 4 4 5 yr. olds Supervised by W C Hammond Enroll now for 1964-196Some openings now in this years program. The Reading Center 4645 Holladay Blvd. - Encyclopedia like new. 'Call 7040 So Phone more open, or well sell your car cm consignment. Notary public service available at all times day 4 night. Hillvu Service 2755 E. 33rd So. 3 tfc" 64-6- 5. 6 facilities We buy and pell used KINDERGARTEN 8-- Britannlca 48 CR7-.420- 42 For Sale - Chevy n conver-tabl- e 1963, super sport, seat belts, very clean, exel. cond. one owner Can be seen 5 daily except Sunday, 1604SO, 2nd West. For Sale Vh . 15 Service - Professional Iron34 ing. Call CR7-32- Schwinn Bikes - We sell the best and fix the rest! Lawn Mowers sharpened reasonable. Holladay Feed 4 Sports 4644 Holladay Blvd. , tfc CR7-262- 4m Mlsc - New studio beginning vocal, speech, and piano. Call Marge Dubach HU6-95- EL9-889- after tf 364-42- 49 6 277-93- e' clutch. . studio hours to students In Holladay area. Thorough training In piano art. Call Arleen Bird 319 Services - Sewing machines repaired. 30 yr?. experience Immediate service in your home. $3.50 all work guarantfc 8 teed. Call 50 ..K New 4" $16.20 seats. Oceanic blue 4 white or 3, tf levenlngs top. Make offer. -- 364-96- 78 CR7-517- For Rent - Unfurn Home in East Mill Creek area 3691 South 27th East Call & HDWE. - 8. keeping. Gall 35 YARDS CARPET Cleaned and mothproofed, - Immaculate Thunderblrd 62. Purch. new 16 mos. ago. Newcar ordered Full power, brakes, steering I INCOME TAX returns $5 and up. Your home or mine. Quarterly reports and book- 7. ale For . Get a jump on Spring. Reduced Rates thru March. Yard cleaning, maintenance, hauling, fertilizing, pruning and spraying. Est. thishrea. Dale Hudson tf 326 t t ! For Rent - 'rand new apartments, 6415 Hollacfay Blvp. lg. bdrm, built-i- n storage cabinets, bath (shower and tub), birch kitchen cabinets, lg. gas range, Frig, hdwd flrs., lg. liv. rm.,car port., lg. storage lockers., 12 block from Holladay area and close to Cottonwood Mall. Excellent view. $80. Call daytime CR7-996- 1. Eve. CR 35 dress- d making, Easter special dress $2.50 to $3.50. Ironing. or Wanted - A woman one or two days a week, childrens i 2. Services-Experience- 277-66- 17 ' i- 278-262- Need ex- perienced help in serving 4 326 conveniences tf Entertaining? Wanted All . 5 i CR7-318- For Rent - Ideal office space for Realtor, Finance Co,, or any other small business. Rent $85.00 a month. For further information call 2832 E. 6200 So. Drive-In- n . MOUNTAIN . base- CR7-062- Vacation or camping trailer in good condition able to sleep four adults. Call Wanted windows, seat belts, air conditioned, tinted glass, leather loei.s.fta KEITH'S AFPL. yards, 278-106- 355-894- 4. 7 Day Service MU hauled, ments 4 garages Jeaned. Trees removed, logs'sawed, shrubs trimmed. Also want reg. lawn care for summer. 0 Call after' 5 pm week days. 326' old The corporation expects to communset up a world-wid- e ications system by orbiting satellites around the earth at 22,500 miles. These satellites will be able to stay In place relative to the earth, so that it would appear that they are hovering over one point on the plus ports Vacuum life 2327 I. 3300 So. Receive the fourth week free! - 312 ' Peoplp wanting to buy some Communications Satellite Corp. may contact any broker. The first step to purchase the stock Is to ask for a prosA prospectus tells pectus. about the company audits prospects, personnel, finances, and so forth. The prospectuses are not ready yet, but a preliminary prospectus called the red herring prospectus should be ready In the next two to three weeks. Fries for $ 2 ($ 1.50 if paid In aJvance). 4 for the f:rs: three runrtags 88 OPIN SUNDAY At the Entrance to Elf Cottonwood Canyon. CR7-004- 1 Wasatch Cvd. 7CS3 Sooth, .end and 235 memberships. Principal jyvrh e r s are Robert L Rice, a Holladay resident, arid Kenneth Melby, Indianapolis. CHICKEN O STEAKS DINNERS O SANDWICHES Freshly Ecked PIZZA Open 7 Deye e Week, !v bjw. te Health rn salads. Patio Chateau Take Norm ultra-mode- Spa located at 4690 Highland Drive opened its doors Thursday, Feb. 27. This new spa has many heafth facilities to offer its members such as whirlpool bath, Sauna bath, deseret dry heat room, exercise room, sun room, golf driving room, swimming pool and showers. Another feature of the health club will be a food bar which will serve a health menu consisting of sandwiches and jv Kartchner Etvregts Ordtn Private new ,y" 2 According to an act of Congress in 1962 the underwriters Of Highland Dr. A CLASSIFIED ADVERTISING RATES Wanted - Carrier Boy Opens On Instructor Course , W. Health Spa Ronald Tronier Completes A. F. Captain Ronald B. Tromer, son of Mr and Mrs. Ellis H. Tronier of 5025 Highland Dr. has graduated from the United States Air Forcepilot instructor course. Captain Tronier, a rated Air Force pilot, was trained to teach student pilots to fly jet trainer aircraft. His course Included flying , academic and military training. He is being to Vance AFB reassigned for duty. Okla., The captain, a graduate of Granite High School, received his B.S. degree from the U. of U. and was commissioned through the Air Force Reserve Officer Training Corps pro- V IDE DISTRIBUTION Dow-Corni- ng Travelers Ins. Co 51964. h TUESDAY 1PM ASK FOR RED HERRING Geophysics Prof. Mr. John Thurs.-Marc- DEADLINE surface. 'At least three satellites would be needed to cover the whole earth. John W. Erwin Once youve decided why you want to invest, the questions of when and in what will nau-rall- y follow, and youll be on the way to investing properly Otherwise youll.be going out for a drive but without a destination. You may have some interesting investment experiences, but if you, get anywhere, itll be by chance alone. B. Satellite Corp., a company which hopes to send satellites into orbit for communication purposes. The two houses are Merrill Lynch, Pierce, Fenner 4 Smith and Dean Witter 4 Co. The stock will probably be first offered to the public in April and will sell for about $20 a share for each of the 10 million to 11 million shares. SATELLITE NETWORK Also available from MLP F4S Is its weekly comment which covers comments on Bell and Howell, Clark Equipment, Eastman Kodak, Goodyear Tire and Rubber, Hoover Ball and Bearing, International Business Machines, Litton Industries, Pan American World Airways. ut Robert its Monthly Investment Report can do risksryou 7 of, Communications Review and Analysis called Market at 800 On the Dow and a follow up report on General Telephone and Electronics. the securities market is the place to do it. If you want to be sure of keeping your money, and if you dont want to take Page brokerage houses with offices in Salt Lake are among the 11 managing underwriters DEAN-WITTE- You must also decide what risk youre willing to take. The nice thing about investing is that you can take the time to be selective and decide o.i how much or how little risk you want. Ifyouwantto gamble Dean Witter Offer Two Reports available from local brokerage houses this week are: DECIDE ON RISK gram. C) Current Income Var Swenson to too. take time to answer this question, more would find themselves being happier with the securites they bought. An instance ofthis unhappiness with the previous type of securities bought is becoming evident now in the sales of mutual funds. The Wall Street Journal recently reported that people are buying more balanced funds now in comparison with before the 1952 break, when they bought speculative funds. The speculative funds were especially hard hit in the 1962 break, and many are still below their previous highs even though the Dow Jones Industrial Average has now closed at over 800. The balanced funds as a whole have recovered from the break; some are at new highs, some arent. The Investors who have switched from speculative to balanced funds are discover9 ing that they should have asked themselves the why question. QiJ chance THE NEIGHBOR Salt Lake County, Utah Satellite Stock IIS WEEKS REPORTS growth ge great of principle seems like a foolish ASK YOURSELF long-ran- Merrill Lynch, 35 ' 2 (Please call "after 6:00 p m.) ll 484-41- 29 ' amilMai $ A 4 |