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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Aug 13, 1976
Page
4
A reader advised to first build a savings habit before investing. Use automatic salary deductions for E bonds or weekly amounts like $10 or $25, build a couple thousand as a reserve, then buy and hold sound stocks for retirement. Avoid hot trading and reinvest dividends to grow seed capital.
A Nevada reader asks about jumping in a short suit. The answer endorses the tactic with two restrictions: ensure enough strength to return to partner’s suit and make sure the short suit ranks below the suit you plan to pay. The column recalls a bridge hand where misplay led to lost tricks and criticizes East and South for wrong decisions. The piece concludes with a note that 0 years ago the Democratic convention rules committee voted to drop the loyalty oath from 1952.
Mr Shulsky invites written questions for his retirement planning column. He will answer ten prepared queries through the Gazette page. Send inquiries with a stamped, self addressed envelope to Sam Shulsky care of The Gazette.
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