專利 US5214579 - Goal-oriented investment indexing, tracking and monitoring data processing ...

US005214579A

United States Patent [19] [ii] Patent Number: 5,214,579

Wolfberg et al. [45] Date of Patent: May 25,1993

[54] GOAL-ORIENTED INVESTMENT

INDEXING, TRACKING AND MONITORING
DATA PROCESSING SYSTEM

[75] Inventors: Larry Wolfberg, Honolulu, Hi.; Jan
E. Rhoads, Virginia Beach, Va.;
Brent A. Wolfberg, Los Angeles,
Calif.

[73] Assignee: L & C Family Partnership, Century City, Calif.

[21] Appl. No.: 456,638

[22] Filed: Dec. 22,1989

[51] Int. CI.5 G06F 15/21; G06F 15/30

[52] U.S. a 364/408; 364/401

[58] Field of Search 364/408, 405, 401

[56] References Cited

U.S. PATENT DOCUMENTS

A data processing system is disclosed which manages, monitors and reports the growth of a participant's investment base with respect to progress towards achieving a predetermined target amount selected by the participant. Additionally, the data processing system monitors and controls a wide variety of financial services which are provided to the participant such as check writing and borrowing privileges as well as insurance benefits. The growth of a participant's initial as may be supplemented by monthly investments is tracked and interpreted based on criteria and projections which are periodically made and which reflect how well the account is progressing towards achieving the target amount. In this regard, the time frame that it will take for the account to reach the target amount at the current account growth rate is projected at periodic intervals, e.g., monthly. The impact on such a time frame of accentuated payments, e.g., increased monthly payments or modified cycle payments (i.e., payments made at intervals of greater than once a month), is also reported to participants. The data processing system is programmed to track actual growth realized by the account against a predetermined guaranteed minimum rate return on a participants' investment base.

48 Claims, 28 Drawing Sheets