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Vita Nelson is an entrepreneur and publisher and is the president of The Moneypaper, Inc., in Rye, NY, where she functions as editor of its numerous publications.[1] She is often cited as an expert on DRIP investing, having been quoted in publications as prestigious as The Wall Street Journal.[2]
Career
editNelson graduated from Boston University with a degree in comparative literature. Her first job after college was at Mademoiselle magazine.[3] She left Mademoiselle in 1960 to work on Wall Street for Granger & Company, working as a bond trader.
In 1969, with the help of Barbara Robson, Marlene Goldrich, and Barbara Reifler, she began Westchester Magazine, a monthly magazine that targeted Westchester County's upscale, arts-oriented crowd.[3][4] She went on to sell the magazine in 1980 and began searching for a business to acquire or establish with the proceeds from that sale.[3] In 1981, she decided to start her own financial newsletter, and the first issue of The Moneypaper: A Financial Publication for Women was published in 1982. She later dropped the subheading "after I started hearing from men who read the newsletter but subscribed to it under their wives' names," and has published it as simply The Moneypaper since that time.[3]
Nelson was also involved in the creation of Temper of the Times Investor Services, Inc., a specialized broker that was initially created as a service for subscribers to The Moneypaper.
In 1999, she organized the MP 63 Fund (DRIPX), which she co-managed with David Fish, who also functioned as the executive editor of Moneypaper Inc. publications.
Her writing credits include Create and Manage Your Own Mutual Fund, co-authored with Donald J. Korn in 1994.[5] She also is the editor for the yearly publication, The Moneypaper's Guide to Direct Investment Plans.
Commentary
editThe following are a catalog of Vita Nelson's commentary in various publications.
The Wall Street Journal cited Nelson in a July 1999 article on DRIPs.[2]
Forbes magazine cited Nelson in a December, 2000 article.[6]
The Bull and Bear, a financial newsletter, ran an article authored by Vita Nelson in their December, 1999 issue.[7]
The New York Times consulted Nelson for an article on DRIPs in September, 2000.[8]
The Washington Post quotes Nelson in an article concerning DRIPs in a July, 1999 issue.[9]
External links
editNotes
edit- ^ "Home". directinvesting.com.
- ^ a b Karen Hube. "Keeping the Tap Open on DRIPs Can Pay." The Wall Street Journal. 19 July 1999, p. C1.
- ^ a b c d Stephen Britton. "Former Magazine Publisher Finds Stock Market Audience." Westchester Business Journal. Vol. 20, Iss 6: Sec. 1, p.8
- ^ Philip Dougherty. "The 4 Publishing Housewives." The New York Times. October 29, 1969, p.72
- ^ Nelson, Vita; Korn, Donald Jay (1994). Create and Manage Your Own Mutual Fund. Frederick Fell Publishers. ISBN 0811907732.
- ^ Chana Schoenberger. "Leaky Faucets." Forbes. December 11, 2000, pp. 308-309.
- ^ Vita Nelson. "Smarts: As time goes by..." The Bull and Bear. Vol. 16 No. 6. p. 30
- ^ Kate Berry. "DRIP's Aren't Sexy, and That's Their Charm." The New York Times. September 24, 2000, p. 9
- ^ Mitchell Martin. "Building a Portfolio One DRIP at a Time." The Washington Post. July 18, 1999. p. H-01.