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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Jun 08, 1972
Page
5
A reader asks how much they would lose selling mutual fund shares bought for 1500 with 23.09 per share. The guide notes the current ask is 24.94 and bid 22.78, so a 0.33 loss per share equals commissions, not a fund decline, and suggests insurance options within fund programs. It also covers bond premium amortization and advises avoiding rash long term income deals, advocating careful, insured savings or measured fund choices.
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