Investors debate converting securities and income needs
A reader asks whether to sell holdings in General Motors, Standard Oil of New Jersey, National City convertible, and General Telephone converts to boost income. The advisor notes inflation protection from good commons and convertibles, prefers not to shift fully to straight bonds, and suggests continued holdings while awaiting better income opportunities.
MENTIONED IN THIS ARTICLE
General Motors
Standard Oil
National City Bank
General Telephone
Rising Emphysema Rates Highlight Public Health Challenge
The article notes emphysema has risen yearly, second to heart disease in disability, with heavy smoking and air pollution as major factors. It explains the nonreversible nature, high death risk, and that most patients are over 60 though both sexes are affected. It urges risk reduction and coping strategies.
Investor 5 Guide explores safe retirement choices
The piece advises a 43 year old with a $1,000 paid up life policy to balance emergency funds and retirement goals. It weighs savings at 5 percent, EB bonds, and deferred accounts versus stock, noting market volatility. It suggests conservative stock exposure only if funds aren’t needed for retirement and asks what $1,000 will buy at retirement.
MENTIONED IN THIS ARTICLE
Sam Shulsky
Should a Young Family Buy a Home Now or Wait
A reader weighing home purchase versus waiting for lower mortgage rates describes a 26 year old married with one child earning about 12500 annually. The adviser urges avoiding problems and suggests buying now then investing surplus monthly in solid growth stocks or growth mutual funds.
Oswald and Larus Note on Lazy Bids in Bridge
Oswald recalls John Larus of Hartford and the idea of lazy bids in bridge. He cites the Blackwood convention and a four no trump bid as a lazy bid that yet proves useful, offering a hand example of a lazy bid becoming workmanlike.
MENTIONED IN THIS ARTICLE
Oswald
John Larus
Hartford
John
Lew Blackwooded the slain and made a lay down slam
In a bridge dialogue, Lew Mathe and Don discuss a volatile hand. Don held 19 or 20 points with strong spade support and balanced cards, while Lew used Blackwood as a precaution. Lew won the club lead, executed trump play, and ruffed his last heart to claim the contract amid careful dummy play.
MENTIONED IN THIS ARTICLE
Jim
Dor Krauss
Lew
Don
Oswald
Nuale
Blackwood
East
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Shotme
Mr.Slutsky
Alans Otie
AKO
Bur Alu
Alfs
Balter
Andelman
Dr.Andelman
Ce- Gar Rapids
Sam
Shulsky
Harold
By Oswald
James Jacoby
Ara
Marty Smith
Hemi
Hodd
Ochrystae Corporation
Barracuda
Plymouth
Inner Bros.Spinals, the, Oe
Bishop
Bishops
Iscov
Buffet Lindale Plate
Alar Ave
Wivids
Workman's Compensation
Taasd Insurance
2Nd Ave
Chrysler Motors Comporation