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L. Hsu} and \\textit{H. Robbins} [Proc. Natl. Acad. Sci. USA 33, 25--31 (1947; Zbl 0030.20101)], and \\textit{P. Erd\u0151s} [Ann. Math. Stat. 20, 286--291 (1949; Zbl 0033.29001); ibid. 21, 138 (1950; Zbl 0035.21403)] proved that the sequence \\(\\{S_{n}/n,n\\geq 1\\}\\) converges completely to zero, i.e., \\(\\sum_{n\\geq 1}\\text{P}(| S_{n}/n| \\geq \\varepsilon)<\\infty ,\\) \\(\\varepsilon >0,\\) iff \\(\\operatorname{E}X_{1}^{2}<\\infty \\) and \\(\\operatorname{E}X_{1}=0.\\) This classical result is the origin of a vast amount of publications dealing with such series and moment conditions, which includes a remarkable paper by \\textit{L. E. Baum} and \\textit{M. Katz} [Trans. Am. Math. Soc. 120, 108--123 (1965; Zbl 0142.14802)] and a recent contribution due to \\textit{H. Lanzinger} [Stat. Probab. Lett. 39, No.~2, 89--95 (1998; Zbl 0910.60016)]. These two papers motivate the present work whose main result reads as follows.  Theorem. Let \\(\\alpha >1.\\) If \\(\\operatorname{E}[\\exp \\{(\\log ^{+}| X_{1}|)^{\\alpha }\\}]<\\infty \\) and \\(\\operatorname{E}X_{1}=0,\\) then \\(\\sum_{n\\geq 1}\\exp \\{(\\log n)^{\\alpha }\\}\\frac{(\\log n)^{\\alpha -1}}{n^{2}}\\text{P}(|S_{n}| \\geq n\\varepsilon )<\\infty ,\\) \\(\\varepsilon >1.\\) Conversely, if this sum is finite for some \\(\\varepsilon >0,\\) then \\(\\operatorname{E}[\\exp \\{(1-\\delta )(\\log ^{+}| X_{1}| )^{\\alpha }\\}]<\\infty\\), \\(\\delta >0.\\) A multi-index version of this theorem is also 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