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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
May 01, 1975
Page
12
The column never recommends specific stocks. It discourages personal tips and stresses that prudent retirement planning is possible at any age. Short-term investing is discussed with emphasis on treasuries and long-term bonds, while brokers should be vetted like any professional. Returns and tax treatment of dividends are explained with caution about assumptions and varying rules.
A reader questions the 15 percent return of capital figure and urges accurate use of any return of capital to lower tax cost on stock gains. The column advises a mix of high grade bonds and quality utility stocks for 70s investors and notes gradual changes for heirs, with other readers seeking tax planning and bond redemption guidance. Mr Shuisky invites written questions for future columns.
Roy Love and Gary Hasenmueller work at the Main Post Office on Market Street in downtown St Louis as mail handlers use protective masks to guard against dust from heavy canvas mail sacks during their transfers.
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