Graduation

 

"Miscellaneous topic number four: staying informed," Roy moved on efficiently. "Yes, your financial plans are very straightforward in terms of both implementation and maintenance. But it certainly can't hurt to keep abreast of the major goings-on in the world of finance. Certain events could occur that might dictate a change in your planning philosophy. For example, the individual managing your mutual fund could die. You might then want to re-evaluate your choice.

"As I said months ago, there are several excellent sources of financial information available in the U.S., in-cluding Forbes, Money, Fortune, Worth, SmartMoney, Kiplinger's Personal Finance, and, of course, The Wall Street Journal. These publications aren't just informative; they're also entertaining. The world of finance is dynamic, colorful, and fascinating!"

"Roy, can't you just do all the reading and keep us in-formed about anything pertaining to our financial futures?" Tom's idea sounded pretty good to me, but judging from the look of mock dismay on Roy's face, it didn't to him.

"All right, Clyde, drum roll, please. After seven long months, this is it. We've come to the end of the Miller course in financial planning. And, much to my delight, you've all passed with flying colors. However, before Clyde presents you with your diplomas, I'd like to make a closing remark ... or two." Roy paused to step out from behind the barber chair.

"Over the last seven months I've taught you the basics of developing a sound financial plan. The strategies that I've outlined for you will serve well any American between the ages of twenty and forty-five. They'll do so regardless of occupation; regardless of income level; regardless of