DOLLARS & SENSE : MONEY MATTERS.A NEW OPTION: Starting today, the Chicago Board Options Exchange Chicago Board Options Exchange (CBOE) A securities exchange created in the early 1970s for the public trading of standardized option contracts. Primary place for the trading of stock options, foreign currency options, and index options (S&P 100, 500, and OTC 250 index) is offering ``Options on The Dow'' - new products based on the most widely followed stock market indicators. The Exchange will list options and long-term equity anticipation securities on the Dow Jones Industrial Average Dow Jones Industrial Average The best known U.S. index of stocks. A price-weighted average of 30 actively traded blue-chip stocks, primarily industrials including stocks that trade on the New York Stock Exchange. (DJX DJX Definitive Jux (band) ), Dow Jones Transportation Average The Dow Jones Transportation Average (also called the "Dow Jones Transports;" DJTA) is the oldest U.S. stock market index. Components Today, the index consists of the following 20 companies (weighted to adjust for stock splits and other factors): WORK SMART HEALTHY EQUALS HAPPY: Employers that take care of their workers' health end up with a happier and more optimistic workplace, according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. a study by CareAmerica, a Woodland Hills-based health plan. These are companies that offer an injury and illness prevention program, install ergonomically-correct work areas, among other services. For every dollar spent on promoting healthy lifestyle habits, a company can save $6 or more on medical, hospital, disability and workers' compensation workers' compensation, payment by employers for some part of the cost of injuries, or in some cases of occupational diseases, received by employees in the course of their work. costs, the study said. Absenteeism rates also drop 14 percent at firms with these programs. SMALL BUSINESS TIPS: Intuit Inc., the maker of Quicken money management software, is offering ``Recipes for Success,'' a free booklet of small business tips. The booklet captures the best tips gathered from 3,000 entrepreneurs. For a free copy, call Manning, Selvage selvage - chad & Lee at 1-800-766-1990, Monday to Friday, 6 a.m. to 2 p.m. INVESTOR SPOTLIGHT Name: Manni and Shelly Dhillon Residence: Woodland Hills Occupation: Accountant and cashier, respectively Age: 42 and 36 How they got started: Before immigrating to America in 1994, Manni Dhillon started investing as an accountant in Punjab, India. After moving to this country, he didn't invest right away, preferring to watch the Dow first. But as the stock market advanced, so did his resolve. The Dhillons finally invested in stocks in early 1996, plunging into a mutual fund and buying 200 shares of Kmart at 10-7/8 and another 300 shares at 14-1/8 two months later. Best stock pick: Intel. They hold 50 shares purchased at a split-adjusted $72.75 each. Intel closed at 93 5/16 on Friday. Worst stock pick: Kmart, because of a small return. It closed at 14 3/16 on Friday. Investment philosophy: ``Never pick a stock in a hurry. Also, reinvest the divident distributions.'' CAPTION(S): Photo Photo: (Color) No caption (Dhillon family) |
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