THE VIRGINIAN-PILOT
Copyright (c) 1995, Landmark Communications, Inc.
DATE: Monday, October 30, 1995 TAG: 9510280204
SECTION: BUSINESS WEEKLY PAGE: 03 EDITION: FINAL
SOURCE: BUSINESS WEEKLY
LENGTH: Medium: 53 lines
Business Weekly's Money section strives to follow one goal. We want to provide insight into savings and investing through articles that show how financial products perform.
Today we carry the theme forward. This is our annual personal finance issue. We've focused on personal credit - because bankruptcy rates are rising.
``Young families rent nice apartments and buy new cars and say to themselves, `I should be able to afford this. I went to college and make good money,' '' one credit expert said.
But for some, tolerable credit loads have become onerous.
While we focus on personal credit, we've also sought an overview of trends in mutual funds, stocks, bonds and pensions.
Here's a look at what's inside:
Retirement
Page 3/ What's the big picture? Baby boomers. They'll soon retire in droves. Companies nationwide are rebuilding their pension plans to cope with it.
Getting started
Page 5/ Confused about investing? Join the club. Investment clubs rank as popular pools of investment knowledge.
Where credit is due
Page 12/ Credit card debt has soared. So has the bankruptcy rate. We look at maintaining a credit rating, and what to do when the bills start piling up.
Mutual funds
Page 16/ Worried about the slump in the market? When the chips are down, it's stability that counts. Here's how to stabilize yourself.
401(k)s
Page 17/ The popular deferred-tax retirement plans can do just that - if you use them wisely.
Stocks
Page 20/ My broker said `Buy!' Here's why.
The economy
Page 21/ Hardly anyone believes this thing can be predicted. But New York seer Erich Heinemann gazes ahead, ponders the past, and concludes: There's a recession coming.
Bonds
Page 22/ Just what are bonds? Well, they can be good investments in times of recession. by CNB