Show F4 BUSINESS The Salt Lake Tribune CONVENTION CALENDAR Planned Attendance Organization HotelLocation Southern Utah University Health Security Olympus Best Western Olympus Best Western United Synagogue Youth Snowbird Resort Institute Management Accountants Salt Lake Marriott 2r -'- ic 20 percent of the IRA amount will be withheld by the Internal Revenue Service To avoid permanently paying this 20 percent MONEYWATCH Runs Through five today only today only Monday 90 JAY GOLDINGER Wednesday Tuesday 90 July 30 Salt Lake Library Snowbird Resort Gas Research Institute Snowbird Resort Wasatch Academy Utah Academy for Performing Arts Dr David Schnarch's Marital Alta Lodge Snowbird Resort 25 70 - Therapy Workshop Alta Lodge 46 Aug 7 Wednesday 43 Thursday 100 Friday Directly Into Aug 5 Mutual Funds Saturday Aug 1 Saturday No events scheduled today Source: Salt Lake Convention & Visitors Bureau Investors Diving Into Commodity Markets senior analyst at brokerage Le Wald USA TODAY Hillary started something Investors have been flocking to commodity markets: M Trading in cocoa contracts has jumped more than 50 percent the first half of the year Cotton contracts volume has surged almost 75 percent More than $200 million has been invested with 10 agricultural commodity advisors tracked by Managed Account Reports newsletter That's up more than 25 percent from 1993 Much of the activity is coming from individual investors jumping into the commodities game sometimes for the first time "Our new accounts are up 18 percent over a year ago" says Rick Lees-lepresident of Jack Carl 312 a Chicago-basediscount broker in commodities Thank Clinton and recent revelations that she turned $1000 into almost $100000 through a series of trades in cattle futures in the late '705 "The press on Hillary Clinton no matter how dubious has piqued a lot of peo- k investment) without incurring taxes or penalties provided the transfer is a "custodian to custodian" transaction This means the funds are directly transferred from one IRA custodian (your CD holder) to another IRA custodian (the mutual fund) You never ac tually take possession of the funds Should you decide to withdraw the IRA funds from the CD yourself before reinvesting the money into the mutual fund an automat Lind-Waldock- says Barrett have produced the best HOME SCHOOL 456DX266 with CDROM DUAL SPIN ELM" rut 10 PORTS SVGA COLOR wicvirroll SVGA CARD WINDOWS DOS 31 CD WARE 62 54)FrPC I I 's UPGRADE 9949 EXPIRFA 712154 486 Approved states 3000 I flPiRFC hrs of learning Easy to use operate Updates child's progress NICE 0 QUAL Ty a PRICE 48666 4939 386DX-4- 0 128K Cache All A systems include mouse I Errie ' - mrto i f ilF': mne VESA Local Bus VESA Local Bus 486DX2-6- PENTIUM-6- 6 MS-DO- S 62 041451 --u-vi VrS4 11W43V Lt4- 1- 18" SVGA 0 28 Monitor VESA IDE all Windows 101 keyboard ' (44 - w400c ‘ 1 I SAt i 0 1 - r- t 4 i ' 11 0 - ' - - 4114-- : t i k 42t II Time is money and making the wrong PR decision can Cost you even more With more than 16 years of experience we can provide you with the right media contacts exposure and help in positioning your product in high profile reviews or even feature articles We dont just make promises we get results just ask any of our clients For the right connections call Jill Abramson at extension 238 '349 7e31114 Syllabus Systems A Division 659 W 5300 So SLC 1 hYk StiS Public Relations Inc of Computer Heaven (800) LIT 84123 266-755- 5 266-755- 6 - '- e 0 r he r - iwo — 4111-- ETit: CERTIFICATE OF DEPOSIT RATES r::'4t :1::?:''s0 At American Investment Financial we can't put a picture of Fluffy on your checks In fact we don't offer checking What we do offer are really big rates on savings We specialize in CDs money market accounts and IRAs and consistently pay among the highest rates available If windows you want a free toaster or 57 drive-thr- u if But for not were you you want friendly personal service while earning more on your FDIC insured savings come see us at American Investment Financial n 1! 11 ril turnr7P17 trt g ow celebrating its lOth Anniversary 111 in Utah the University of Phoenix has grown to include 15 campuses 7 tgo Amount $1000 to $9999 $10000 to $49999 Interest Rate Interest Rate 12 month 455 60 month 630 APY based on rates re subtedt American Annual Percentage APY 463 645 465 640 APY 473 656 Yield $50000 or more APr Interest Rate 475 650 484 666 otripoundng of interest SAstantial penalty tot early withdrawal These interest to change wthout norAce The interest rates currenty uttered are as at investment Flnancial also otters competirwe CDs ranging in tnatsity torn 90 days to 5 years dale!) 14141994 I-- (801) 572-163- MEMBER FDIC 3 ritTigR fli'i i docation That Works: At the onvenience: If you're a working adult you can't afford a lifetime to University of Phoenix you'll be taught by faculty with advanced academic degrees who actually work in the fields they finish your degree At the University of teach They bring the "real world' to the classroom as they unite theory with educational and career goals of more than in the evening and are built around your schedule And with our unique format practice Classes are collaborative and interactive with all the give and take of a 60000 working adults Here is what makes the University of Phoenix different you'll probably be able to complete your degree in less time than you might think team meeting You'll be able to apply what you've learned at work the very next day University's unique teaching and learning mqdel which has helped furtherthe— founded the University of Phoenix 50 Phoenix you take one course at a time We help you create your schedule at the begirming of your program Classes are held and 40 learning centers in eight western states This success is due to the education He believed that because working adult students differ from younger students they need an institution of higher education built around their unique needs That is why he 0 Interest Rate 820 East 9400 South Sandy Utah 84094 1 of the Nation's Leaders In For Working Adults: 6) dD American Investment Financial 11::ITULT511 clill"1"1 20 years ago Dr John Sperling began a revolution in higher k 9 I 512K Cache 8 MB RAM 35" Floppy I Hard Drive I 1 MB SVGA VESA NCING AVAILL B' CO Lint t 1r111-- 4 MB RAM 35" Floppy 420 MB Hard Drive 1 MB SVGA Video 6 14" SVGA 28 Monitor Floppy I 260 MB Hard Drive SVGA Video I e le" SVGA 28 Monitor '329 AND CD TITLES 41329 35" ycnwr - ' SOUNDBLASTER PRO & UP 4MB RAM Includes Installation 1:' The Right Connections Kit e don't I WITH A MHZ '269 SLC-- 2 - CD ROM UPGRADE TO 349 Courses Include: Math Science Reading Language Arts GED Prep & More formats by educators in all 50 over Complete Dual Spin CDROM C'N-- -: - -- PR Requires Hi-T- ech with Software Just iLIMItOtind most cams Scam restrictions ARMY SYSTEM Zr Effective -- - SYSTEM - '441- - "Vra Labor included - RAM sightly AAA It nommd Software adjusts to individual needs Increases learning skills or Macintosh SLC-6- 6 ' ' i44-- 1:99egtpAyi: 286 or 386 YOUR & PACKAGE ' - - computer system around TO A MO RAM MEMORY Lao MB NARD DRIVE 1AA DRIVES KEYBOARD Ea - 'ILE$SMAN- Syllabus Systems Inc is a Utahbased computer systems company We parents who see the need for a better way to help educate our children and Jay Goldinger is Chief Investment Strategist for Capital Insight Inc and author of "Keys to Investing in Government Securities "Fora personal reply please limit your question(s) to one printed or typewritten page Send Box 4092 Beverly Hills to Calif 90213 Be sure to include your telephone number t VOUR'WM Amiir -- Syllabus Systems Can Help! Provides SYSTEM UPGRADE - 20009) ' Why Home School? oottDuCATEwo Most schools are faced with the growing problems of violence drugs and gangs and cannot offer our children the personal atteMion they deserve and need Educators agree children need more contact with home and a family system that encourages educational skills real-estat- e amounts from investments interest annuities capital gains gifts n y income (unless you are a dealer or rent a farm and take an active role in the production or the management of farm commodities) Current bills in Congress might change the above exceptions and exemptions but nothing has been passed so far For further information request a free copy of "Social Security Programs in the United States" from your Congressman or Congresswoman or by writing to the Social Security Administration (1875 Connecticut Ave NW Washington DC quarters Not included are -- 441 have been jumping in and out of precious metals as inflation expectations change Gold prices are down slightly this year silver is up 4 percent Commodities investing is risky About 75 percent of 18000 customers lose money d - Lind-Waldoc- payroll-deductio- jury-dut- nt plan in the late 1960s and early 1970s How can I find out the value of each bond? — MIL Novato Calif A The Savings Bond Informer (PO Box 09249 Detroit Mich 48209) will research up to 25 bonds for a $15 charge and 26 to 75 bonds for $25 It will provide a reporting listing the current value of the bonds specific months the bonds will increase in value exact interest rates that apply to each bond the final month and year the bonds will stop earning interest total interest earned on the bonds and more Or you can write to the Bureau inter- ernment benefits and rental Bond Division Departthe Treasury (800 K St ment of Suite 800 Washington DC 20226) and request the "Simplified Redemption Tables" These tables are available at no charge but the government will take 8 to 12 weeks to process your request Q What are the requirements to receive Social Security benefits? I heard they might change — DG Naples Fla A Under current law recipients of Social Security under age 65 may earn up to $8040 per year inin wages or come without having their benefits affected Those who are age 65 to 69 can earn up to $11160 per year Included in this income are bonuses commissions fees vacation pay in lieu of vacation cash tips of $20 or more a month severance pay and noncash compensation such as meals or living Bonds that were purchased through my trust-fun- d est travel expenses moving expay other govpenses 26106-1328- Savings 33701-3628- like to roll the money over into the Templeton Growth mutual fund How can I do this? — Stratham NH A You may roll over or transfer your present IRA into the Templeton Growth mutual fund (or any other mutual fund or IRA or inheritance Op- erations Office (Parkersburg WVa ) or the US TAX-FOR- Q I have an IRA in a certificate of deposit that is maturing in August When the CD matures I'd Inflation fears Investors d ple's interest- et This year though prices have been erratic The Commodity Research Board Index of 21 commodities increased nearly 6 percent from Dec 31 to June 17 but has since declined 4 percent Lumber could be the next hot commodity Wednesday the price of lumber contracts tumbled $10 — the maximum they're allowed to fall in one day — on word of a 98 percent slump in June housing starts Also effecting trading: Weather Two sudden surprise summer frosts in Brazil sent coffee prices to an high of $247 a pound June 12 Wednesday's close was $221 y well-time- futures-mark- IRAs Can Roll Aug 2 of Public Debt Savings Bond tax you must transfer the funds to another IRA within 60 days (beginning on the date the funds are withdrawn from your present account) And you must deposit the amount of the 20 percent withholding into your new IRA At tax filing time you may request a refund of the 20 percent by marking the appropriate line on IRS Form 1040 If you choose not to replenish the 20 percent that amount is considered to be a taxable distribution subject to an additional 10 percent tax penalty For more information consult your tax professional or call 800- and request IRS Publication 590 You can also write to Templeton Growth (700 Central Ave St Petersburg Fla and request an IRA ) Rollover application and transfer information Q I own Series EE US Savings Sunday 80 70 Sunday July 24 1994 0 |