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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Oct 09, 1967
Page
6
The piece surveys inflation eroding returns on 6 to 8 percent fixed income and argues for a mixed approach. It notes investors shifting from high grade bonds to stocks and other growth options while urging diversification into mutual funds, life insurance linked plans, real estate, and savings accounts.
A reader asks about three low-priced stocks for a 60 year old aunt holding Mc Graw-Hill Aetna and Parke-Davis. The adviser declines to advise on speculative picks, urging consultation with a broker for risk assessment and noting high mail volume delays.
A Chicago publisher promotes a self training method for everyday conversation to gain poise confidence and popularity. The offer includes a free mailed booklet Adventures in Conversation with no obligation. Send name address and zip to Conversation 835 Diver Pkwy Dept 3592 010 Chicago IL 69614.
Economists warn that high interest rates may rise further if business expansion materializes and government borrowing increases. A tight money supply, potential wage and credit controls, and a sluggish housing market could shape rates, with autos and consumer demand driving short–term needs.
National Geographic notes there are about 2 500 different minerals. Camel feet feature broad cushioned pads that prevent sinking in deep sand.
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