(MONEY Magazine) – COVER STORY 72 WHERE TO PUT $1,000, $10,000, $25,000 OR MORE TODAY by Penelope Wang These 24 outstanding mutual funds and stocks will meet the needs of all investors, from beginners to veterans. -- Box: Five hot collectibles. Page 80 -- Box: One investor's 12 golden years with Magellan. Page 82

FEATURES 60 WHY AMERICANS ARE MOVING OVERSEAS by Gary Belsky As many as 250,000 of our best and brightest are leaving the country each year. Here's why the U.S. is facing a brain drain and how people like you are succeeding abroad.

84 TWO DOGS, THREE CARS, 12 KIDS, ONE PAYCHECK By Shelly Branch Are your children driving you crazy? Are you hassled by money woes? Take some tips from this family of 14 that's thriving on one $40,000 salary.

96 SEVEN STRATEGIES TO GET GREAT FREEBIES by Echo Montgomery Garrett Here's the inside scoop on how to get everything from financial advice to hotel rooms without spending a dime.

102 PROFITING FROM THE NEW SOUTH AFRICA by Junius Ellis Its post-apartheid economy promises to be one of the most enticing and treacherous investments of the decade. Our experts tell how you can make money by investing in this country's enormous potential.

DEPARTMENTS 5 EDITOR'S NOTES America is creating jobs not careers. 7 YOUR LETTERS Doctors talk about insuring their employees. 10 NEWSLINE Grabbing a great car buy -- How women should deal with irresponsible men -- What's coming from Congress -- The lowdown on variable life 19 BUY, SELL OR HOLD How you can invest with takeover king Ronald Perelman 23 MONEY HELPS Rolling over an employer savings plan -- Investing software 27 IDEA OF THE MONTH The Dolans on helping your parents financially 30 MONEY MONITOR Starting in this issue: The top loans offered in four cities near you (table on page 33) -- The best rebate-card deals

38 FUND WATCH When to go for volatile funds -- How to make money in bonds 50 WALL STREET Profits from the bank of the future -- The best in biotech 113 YOUR TAXES Cut your '94 tax bill 10% or more with these nine summer tips. 118 SMART SPENDING Woodstock collectibles -- Wise up about sunblock. 125 MONEY PRO Today's top value investor names four vastly underpriced stocks. 130 FORECAST Why the weak dollar signals a stock-buying opportunity

Cover illustration by Guy Billout; inset photograph by David Graham

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