Investor questions on bonds margins and tax rules
Reader Sam Shulsky weighs the merits of keeping 8.17 percent savings certificates versus shifting to corporate bonds for income. The column covers monthly income, bond funds, E bond taxation, brokerage margin loans, holding periods, becoming a stock broker, and redeeming mutual funds for higher yields. It cites NYSE addresses and broker guidance.
Tuesday arsonist receives 10 year Tokyo sentence
Shigeharu Nagasawa a 32 year old barber was convicted of setting 36 fires over six months in Tokyo's Shinjuku district and sentenced to 10 years in prison. The fires mostly touched rubbish bins or mailboxes causing about 650000 dollars in damage and began on Tuesday February 1 1977, earning him the moniker Tuesday Arsonist.
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Shigeharu Nagasawa
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First U.S. Social Security payment made on date
On this date in 1937 the United States issued its first Social Security payment marking the program’s debut.
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