Summer 2005

Leland Hevner Heads National Online Investors

Lee Hevner has received national attention through the Gannett News Service for his work as president of the National Association of Online Investors.

The 1974 computer science graduate founded the association, which has 1,500 members and sells investing courses through the mail and online. The association also has developed a list of 25 investing Web sites recommended as useful tools for investors.

Hevner started the association in 1997 when he was disillusioned by the existing resources to guide people in investments. A resident of Washington, D.C., he was a computer company vice president when he retired to focus on investing.

“In that era, it didn’t matter what you bought, it made money,” Hevner was quoted as saying by the Gannett service “People got a very false sense of security and power. I was a millionaire on paper, but as time went on I lost a lot of it back because I didn’t know when to sell.”