Polsky Speaks on Making Your Money Work for You
Johnson County Community College |
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Polsky’s lecture is part of the Polsky Practical Personal Enrichment Series. The seminar is free, but seating is limited. Reserve tickets by calling the JCCC box office, 913-469-4445. Reserved parking is available. Refreshments and networking are offered one-half hour before and after the program.
Polsky will address about how he picked mutual funds with a 31.6 percent return over the last five years and three other criteria required to select his top 13 (out of 7,000) mutual funds. Polsky will also disclose:
• How he invented his “weighted scores” in order to evaluate return on mutual funds
• How he finds mutual funds with better criteria to add and/or replace current funds held
• How he uses 11 strategies for mutual fund investing
Polsky’s history of investing in mutual funds goes back to 1970, when he put money into Sir John Templeton’s Growth Fund at a Young President’s Organization financial seminar. He has since been in and out of 45 mutual funds because he believes you can’t buy and hold. In 1981, Polsky started mailing his own quarterly investment articles to friends and others who expressed interest to share what he learned about investing in mutual funds. “It’s never too late,” Polsky said. “Even at age 65, with a Roth IRA, only $416.66/month ($5,000 maximum per year allowed) for 20 years at 20 percent is $100,000 invested, but worth $1,120,100. “If you are age 35, a small amount – $50/month ($600/year) over 30 years at 20 percent return equals $18,000 invested, but worth $850,956.”
This series of educational presentations is underwritten by the Norman & Elaine Polsky Family Supporting Foundation within the Greater Kansas City Community Foundation in partnership with Johnson County Community College. The series includes a number of topics which are not now being offered in a formal academic program.
Each event is free and open to senior citizens, students and the general public.
