~~~~~~~~~~ Introducing ICnet (Investment Club on network) ~~~~~~~~~~~~ Dear friends, My name is Gray Zhu, a long time investment fan. Motivated by the fact that many friends really want to learn more about investment and simply do not know where to start, I would like to introduce you ICnet - a free Investment Club on network, organized as a mailing list on IFCSS.org (see subscription information below). There are about 500 members as of August 1, 1994. The purpose of this club is to help folks understand the investment environment, security market, and to provide a place for exchange of information and opinion. Also, being in the financial industry (a stock broker), I may have chances to know more about the real world than some of you, I would be glad to answer some of your questions on the net. The following aspects could be discussed on ICnet: FACTS: e.g. As of this year, average savings account interest rate is less than 3%, average annual inflation is about 3%; average return in stock investment is more than 12% over last thirty years; An IRA (Individual Retirement Account) can deduct your current taxable income by $2000/year, and this $2000 would turn into almost $60,000 assuming the 12% growth rate when you retire after thirty years. MARKET: e.g. Interest rate is to go up again? EDUCATIONAL MATERIAL: e.g. stocks/mutual funds/options/bonds... etc. how and where to start investing? how to protect a profit or prevent a loss? QUESTIONS and DISCUSSIONS: whatever you want to ask. Generally, this is for novice level investors and fans. If you are an experienced investor, this may be wasting your time and disk space. To join the net, send message to: LISTSERV@IFCSS.ORG and in the first line of the e-mail (not subject): SUB ICNET-L FIRSTNAME LASTNAME or: SIGNOFF ICNET-L or: HELP You have no obligation for joining the net whatsoever, never. You are free to introduce this to your friends, because the more people we have, the more information and ideas we can share. You are also welcome to contribute anything which you think is benefitial to the rest of us, contributions will be collected and distributed. ========================================================================== Disclaimers: a) Material on ICnet is for general information only, and made available to voluntary subscribers (subscription is free). There is no guarantee of accuracy in either text or numbers, so please read with your own discretion. Opinion expressed by any author is his own, not necessarily his employer's. Nobody on the icnet-l or related (Hong Guang, Gray Zhu or their employers, or any other members, or ifcss.org which is the ftp provider) except yourself assumes any responsibility for any consequences of using the material. b) You are free to forward and copy the material for private use. If you do forward, it is mandatory to let it ALWAYS GO WITH DISCLAIMER. Use of the material for commercial purpose without written consent of the author is prohibited. c) Any past performance examples should not be considered a guarantee of future results. Any company mentioned does not constitute a recommendation by anybody. ========================================================================== For specific recommendations and info on IC-VIP, contact grayzhu@panix.com ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ ICnet - Investment Club on network __________________________________________________________________________ SUB/SIGNOFF to: LISTSERV@IFCSS.ORG, with mailbody as: SUB ICNET-L Firstname Lastname or: SIGNOFF ICNET-L Post mail to: ICNET-L@IFCSS.ORG Anonymous ftp: at ifcss.org, in direcctory: /org/icnet Gopher: /org/icnet on ifcss.org, /ifcss/org/icnet on cnd.org Managers: Guang Hong, HONG@opus.mco.edu Gray Zhu, grayzhu@panix.com (800)-289-2498 __________________________________________________________________________ ALL INVESTMENTS INVOLVE RISK, STUDY CAREFULLY BEFORE INVESTING. ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~