|
|
Put Darnell L. Williams on City Council
Darnell L
Williams
For
Please select one of
the following Entries:
Contract with the
People of the City of Harrisburg
Dauphin County
Election Information
How to Use Credit To Make
Money and Other Wondrous Feats
How to finance
your retirement
How to finance your
child's education
You can contact Darnell
L Williams
Darnell Lamont Williams was born in
the suburbs of
Darnell went to high school in
He designed and wrote the first
computer system, checking systems of all classes of banks so that they could cash
each others checks. He did this for his client, Pittsburgh National Bank. He
also worked for other large corporations such as Pennsylvania Blue Shield were
he convinced management to train employees using a computer based training
system. He also convinced them to buy a $300,000 help system for employees to
reference as they did their jobs. Darnell did computer work for the military,
To do computer work for companies and governments, one must know how the entities do business and how the business works. This is how Mr. Williams got his "hands on" training in understanding the economy and world business.
This product of the
Darnell L. Williams is the father of two girls. He is putting his oldest daughter through law school. At the end of her BS degree days, she has no education debt. It is possible that she will have no education debt when she finishes law school. His youngest daughter is in the 11th grade. He planned before they were born to finance their college education with the objective of lowering their cost of living bases before they enter the work force. Mr. Williams knew that the labor market would be far different today than it was before they started their lives. This is an example of the planning that Mr. Williams can do for the community.
Mr. Williams ran unsuccessfully for
the Pennsylvania State House of Representatives. He also ran for township
supervisor and school board in the past 30 years. He is known in local, state,
and national political circles. Using his past education and experience, Mr.
Williams is once again becoming actively involved in the community by running
for a seat on
Note: If
you believe in Darnell's message, print or send "Who is Darnell L.
Williams" and "Contract With The Citizen's of
Contract With The Citizens
of
I, Darnell Lamont Williams pledge to work for
the following to make life better for the people of the City of
1. Work to Lower Taxes
In order
for business to expand and people to live better, taxes paid by business and
the citizens of
2. Work to Bring business into the city
In order to bring in tax revenue, we need to bring in companies such as financial, medical, transportation, software, administrative, scientific, R & D, and other fields of endeavor.
3. Work to Bring Employment to City Residents
In order to
bring about comfortable living conditions in the city, profitable corporations
must settle in
4. Rebuild the Neighborhoods
In order to bring about comfortable living conditions for individuals and families, the neighborhoods must be rebuilt, parking problems must be eliminated, and local pride put back into our communities. That means that we will have to organize our children to be active in the community. We must create sports, scientific and trade groups for them to have fun and to learn. This will give them an advantage later on when they have to compete with the labor force around the world. We need to create co-ops and Real Estate Investment Trust to build our homes but keep our home ownership in the hands of local citizens.
5. Declare War on
Crime
In order to bring about comfortable living conditions, full employment, fine housing, and a prosperous family, we must have a zero tolerance for crime and for breaking our laws. All laws will have to be enforce and people will have to be taught that they must respect other people and their property.
6. Education Next to None
In order to increase the wealth of each resident, government must help people meet the employment needs of local business.
7. Fund Raising
8. Incinerator Divestment
In order to pay down city debt and create an investment credit rating for this city, we must sell the incinerator to private investors. We will use this money to pay down debt and create taxable property. This will reduce our percentage of tax exempt property in this city.
I pledge to
do my best to bring about these 8 points to promote better
Darnell
L Williams
How
to Finance Your Own 20 Year Plan
By
Darnell L Williams
Let's
talk about your 20 year plan! Do you have one? If you are like 99% of
Americans, you do not have one. Most Americans live day to day. When times are
good, they live well. When times are bad, they are in deep trouble. If you have
a 20 year plan, it may be for retirement, a home, college for the children, a
new high priced car, or a world wide 30 day vacation.
The
theory behind not having a 20 year plan
is that you may not live to see it happen. So you saved for years for no
reason. The argument for the ney sayers is, what happens if you do live to
see it? You saved for all these years for what? In most cases, you will live
the next 20 years. Planning builds wealth and wealth pays for education,
housing, transportation, and etc. This ideology grows on itself. It is a
learned educational experience that goes from one generation to the next,
increasing the wealth of the family as generations move forward.
Please give me an example of
how this worked for you!
In
1983, my oldest daughter was born. Two days later I set up her college fund so
that she could go to college 18 years later. Today, she is finishing her BS
degree and will start her Law Degree next year with $11,000 plus from my
original investment. The BS degree is paid for. She will graduate with an
economic advantage since she will have very little or no money to pay back when
she starts her law practice. Her competition will be working for the banks
because of their student loans.
My oldest daughter is now married and is expecting. She learned through success of what a 20 year plan can do. She has already started putting together her children's 20 year education plan. This is the subject of my book, "Building Wealth With Corporate Bonds" sold at Walden Book Stores nation wide. Look on their website for more information.
I have no money. I can't develop a 20 year plan!
If
you are reading this email, chances are, you can. The only people who can't are
people who have no income or live on public assistance. The link below is a
link for investing as little as $4.00 in stocks. The Sharebuilders Account is
for anyone who wants to invest money with a long term plan in mind. Click or
put it into your search engine and read about how it works: http://www.sharebuilder.com/about_us/new/welcome.htm
In today's economic
times, I stay away from the stock market. The stock market on average has given
investors a 9% return in the 20th century. But that is the average. When time
were good, like in the 1920s, 1960s, and 1990s, investors made 20% or more per
year. When times were bad like in the 1930s, 1970s, and the past 4 years,
investors lost 20% or more of their money. We are still in the low return years
of the stock market as I see it. That is why I stay away from it.
Instead,
my investments are in the corporate bond market. But I only invested in one
area of the corporate bond market called noninvestment grade bonds or
"junk" bonds. Here my rate of return was over 12% in good time, 9% to
12% in bad times. Sharebuilder accounts will not allow you to buy corporate
bonds. However, you can buy Corporate Bond Funds in these accounts. In the year
2001, I started divesting my oldest daughter's accounts, preparing for her
entry into college. Yes, the 18 years passed and I still had to do something
about her education but because of good planning and commitment, I was ready.
From that account, I bought her a 2001 car, and computer, and paid for 4 years
of tuition. However,
most of the money came from investing in the Tuition Account Program (TAP) with
the state.
What are the mutual funds that I should buy?
You
only want to buy Closed End Mutual Funds. These funds sell like stock on the exchanges
and the over-the-counter market. Look at the following Closed End Funds:
CIGNA High Income Fund (Computer Symbol:HIS) selling at $2.71,
yielding 10.29%
Managed High Yield Plus (Computer Symbol:HYF) selling at $5.64,
yielding 12.03%
Margan Stanley High Yield (computer Symbol:MSY) selling at $6.06,
yielding 8.36%
Municipal High Income (Computer Symbol:MHF) selling at $7.28,
yielding 7.15%
You
notice that I have one Municipal Bond Fund and 3 Corporate Bond Funds in my
suggested picks. That is because you can take advantage of the tax laws two
different ways.
If you are more afraid
that your children will run off with your funds, put the account in your name.
But if you do, you will be taxed for the Dividends that the account generates.
You can lower your taxes by buying the Municipal High Income fund.
In
my plan, I just did not tell my children that they had accounts. What they did
not know, they could not get. That is why I bought Corporate Bond Funds.
If you are more afraid of the tax man than your children, buy one of the other three and put the account in your children's name. You will pay no taxes since the account is taxed at your children's rate.
So how should I get started with my plan?
Have an objective in mind such as your next car, house, college, retirement, travel. For example, I knew the children were coming and I made plans for their employment future.
You want to open your Sharebuilder account with as little as $4. I started in 1983 with what I could afford. Relatives gave me money for the children and I put it into their accounts. I started with $25 per month per child. I ended with $100 per month per child. I increased my investment as my raises from the job took affect.
Pick the investment that gives a good dividend return like the ones above. I put my money on CIGNA in good times and bad. My average cost for my investment was lower than when I sold the shares. I automatically invested my dividends into more shares. When the time to use the money comes near, sell the shares and pay for the projects that need paid for The plan has only four steps. The hard part is to stay focus on your plan for 20 years.
How to Finance Your Retirement
By
Darnell L Williams
Let's
talk about your 20 year plan for your days when you will no longer work! Do you
have one? When times are good, they live well. When times are bad, they are in
deep trouble. If you are counting on Social Security with the cost of living going
up every year, I say good luck. If you have a 20 year plan for retirement, you
will be one step ahead of most people.
The
theory behind not having a 20 year plan
is that you may not live to see retirement happen. So you saved for years for
no reason. You saved for all these years for what? The argument for the “ney sayers” is, what happens if you do
live to see retirement? In most cases, you will live the next 20 years.
Planning builds wealth and wealth pays for education, housing, transportation,
and etc. This ideology grows on itself. It is a learned educational experience
that goes from one generation to the next, increasing the wealth of the family
as generations move forward. In the case of retirement, I would start in my
20s, saving as little as $20 a pay.
Please
give me an example of how this worked for you!
I
am not ready to retire yet. However, I started my retirement plan when I was in
my early 30s. I would borrow $2,000 every year and invest it in investments in
my IRA giving me over 12% every year. My IRA $2,000 contribution is a tax write
off from my taxes. I would pay about $200 in interest to the bank every year
until the early 1990s. So my tax situation Vs my interest paying situation
balanced itself out. In the last 4 years, banks are giving interest free loans
so that my retirement financing is free.
I
have no money. I can't develop a 20 year plan!
The
link below is a link for investing as little as $4.00 in stocks. The
Sharebuilders Account is for anyone who wants to invest money with a long term
plan in mind. Click or put it into your search engine and read about how it
works: http://www.sharebuilder.com/about_us/new/welcome.htm
In
today's economic times, I stay away from the stock market. The stock market on
average has given investors a 9% return in the 20th century. But that is the
average. When time were good, like in the 1920s, 1960s, and 1990s, investors
made 20% or more per year. When times were bad like in the 1930s, 1970s, and
the past 4 years, investors lost 20% or more of their money. We are still in
the low return years of the stock market as I see it. That is why I stay away
from it.
Instead,
my investments are in the corporate bond market. But I only invested in one
area of the corporate bond market called noninvestment grade bonds or
"junk" bonds. Here my rate of return was over 12% in good time, 9% to
12% in bad times. Sharebuilder accounts will not allow you to buy corporate
bonds. However, you can buy Corporate Bond Funds in these accounts. I started
investing in Junk Bonds in the 1970s.
What
are the mutual funds that I should buy?
You
only want to buy Closed End Mutual Funds. These funds sell like stock on the
exchanges and the over-the-counter market. Look at the following Closed End
Funds:
CIGNA High Income Fund (Computer Symbol:HIS) selling at $2.71,
yielding 10.29%
Managed High Yield Plus (Computer Symbol:HYF) selling at $5.64,
yielding 12.03%
Morgan Stanley High Yield (computer Symbol:MSY) selling at $6.06,
yielding 8.36%
You
notice that I have 3 Corporate Bond Funds in my suggested picks. The yield that
you receive over time is tax differed, meaning that you don’t pay taxes on it
until you withdraw the money. In retirement, you will be in a lower tax
bracket.
So
how should I get started with my plan?
Have an objective in mind such as your
retirement. For example, I knew that one day, I will become elderly.
You want to open your Sharebuilder account with
as little as $4. I started in 1981 with what I could afford. I took advantage
of loan sales or just took $77 per pay check out of 26 pay periods and placed
the money into my IRA account.
Pick the investments that gives a good dividend
return like the ones above. I put my money on CIGNA in good times and bad. When
the time to use the money comes near, sell the shares. The plan has only four
steps. The hard part is to stay focus on your plan for 20 years.
By
clicking on WDarn44243@aol.com you can send Darnell Williams an Email with your
comments and concerns.