Consumer Advice Service Offers ‘A Penny Saved’

The Consumer Credit Counseling Service of Spokane will hold a two-hour workshop Thursday entitled “A Penny Saved.”

Thrift consultant Carnette Ball will discuss the use of coupons, ways to save on entertainment, and making better use of time, as well as other topics.

The class begins at 6:30 p.m. at the services N1912 Division offices. The cost is $10, with no additional charge for spouses.

Pre-registration is required. For information, call 327-3777 or 1-800-892-6854.

“No-Load Stocks” save

Charles B. Colson’s latest book, “No-Load Stocks,” is a comprehensive guide to investing in plans that allow investors to buy stock direct from companies.

He calls them no load because the process bypasses brokers - and their fees.

The book has step-by-step instructions on how to enroll, offers capsule reviews of each company’s plan, and looks at some benefits and drawbacks of no-load investing.

The book, published by McGraw-Hill, costs $14.95 and is available at most bookstores. You can order by mail by calling 1-219-931-6480 from 9 a.m. to 5 p.m. Eastern Time business days. (There’s a $3 shipping charge.)

Colson is editor of the “Dow Theory Forecasts” and “DRIP Investor” newsletters, of Hammond, Ind., and wrote two popular books “Buying Stocks Without a Broker” and “Free Lunch on Wall Street.”

Money funds dangle waivers

Chip Norton, managing editor of Investing for Income, an IBC/Donoghue newsletter, says many money market funds boost yields by temporarily waiving expenses. That pulls in new customers, who are then encouraged to switch into bond or stock funds, where fees can be high. Be careful.