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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Oct 24, 1969
Page
11
Sylvia Porter stresses evaluating long term records over short term gains for mutual funds. She urges investors to assess how funds perform in both bull and bear markets, the fund management philosophy, portfolio makeup, and age of holdings before investing. Hawaii Lt. Gov. warns against a bellhop economy if diversification stalls.
A sociologist proposes that 18 year olds could earn adult status by completing 1,200 hours of public service such as landscaping, assisting institutionalized persons, spraying mosquitoes, military service, or creating public art, after passing a driving and citizenship test. Prof Dale Hardman of Wisconsin State University Oshkosh spoke at the Minnesota Corrections Association fall conference.
The text questions whether short term mutual fund results reflect portfolio size or star holdings, timing with a bull market, exposure to hot but soon cooling industries, or use of borrowed capital and highly speculative securities. It probes what truly produced the performance.
In three no trump, analyze the diamonds and clubs to secure four diamond tricks. A careful plan avoids an extra loss while a careless line risks down one. Call for help with a low cost card service.
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