Retirement planning questions on mutual funds and capital gains
William A Doyle asks if taking capital gains distributions from a mutual fund in cash upon retirement is wise. An adviser notes capital gains distributions come from net profits not income, can vary yearly, and cashing them reduces invested capital unless fund value rises enough to offset. If the fund performs well, overall gains may balance cash withdrawals over time.
MENTIONED IN THIS ARTICLE
Securitas & Exchange Commission
SEC
High Court Approves New York Central Penn Central Merger
The Supreme Court cleared a six year path for the Penn Central and New York Central merger ruling the Interstate Commerce Commission and a New York federal court acted within law. Justice Abe Fortas led the majority with Justice Douglas providing partial dissent. Justice Marshall did not participate.
MENTIONED IN THIS ARTICLE
Washington Dam
Supreme Court
Pennsylvania
New York Central
Abe Forlas
High Wood
Mater
Interstate Commerce Commission
New York
Pen Crn
New Haven
William ©. Douglas
Thurgood Marshall
Penn Central
Newindl
Stocks Up Dow Dips Amid Narrow Dow Movement
The New York Stock Exchange saw more stocks rise than fall as the Dow Jones industrial average slipped 2.25 points to 896.73 at noon. Analysts viewed blue chip shares as cautious while reinvestment demand for January waned and buying interest shifted to many secondary issues with speculative appeal.
MENTIONED IN THIS ARTICLE
NEW -York
Naw Jones
New York Stock Exchange
Dow Innes
Lane
S F Planners Urge Port Shift To Oakland
A San Francisco Bay Conservation and Development Commission report urges moving port activity from San Francisco to Oakland and Redwood City. It cites containerization and nearby highways airports and rail as advantages for Oakland, with plans for a freight center and redevelopment of East Bay industrial areas.
MENTIONED IN THIS ARTICLE
S.F
Oakland
San Francisco Bay
Graves
San Mransbay
Measure Island
Siven Bay
Contea Costa
Solana Con Sxcey
Francisca Shipping
Bay Bridge
San Jose
Alvigaare
Isco Marine Stormvn
China’ Basi
Hunters Point
Redwood City
North Bay
Port of Oakland
Alameda
Esiary
Coil Clothesline Scientist Promotes High Heat Wires
Carol Stokes of Hster New Hampshire demonstrates a "clothesline of coils" using ingsten heating elements labeled as functioning at Lemperrtures Wall. The setup heats up to 3400 degrees, with tungster wire used to vaporize metals and coat television picture tubes for alumniuing color display devices.
MENTIONED IN THIS ARTICLE
Kiniting
Carol Stokes
Hster
N.H
Request to remove gold cover could appear in Johnson message
Washington AP report states a push to sever the domestic link between gold and the dollar may appear in President Johnsons State of the Union address this week. The administration declined to commit on timing, noting the gold cover ties the United States to about 3104 billion in outside metal.
MENTIONED IN THIS ARTICLE
Washington
Congress
Johnson
U.S
Hobie
Gould
Willam McChesney Marlin Jr
Federal Reserve Board
DOW Jones
Marlin
Merrie Tata
Esa
Marre
Sinclair
Sonioy Wuluel
Abia Lab
Stoc
KS Mgm
Ashe
SingerCo
State of the Union
AleRedta
SouiPac
South Ry
Ian Ver
Aise
Ana Sperry
Ats Ny
Alta
Airlley
al- Ant Airlin
Stautich
Tata
Walter Heller
Aminval
Council of
EeoanEdy
Hengee
AmiatGay
Corey
Ai Ad
Texas
Wwe
Heller
Electra
America
NBC
Cal. Pac
Ba Amp Inc
Harton
Amper Corp
Henegel
Belgium
Switzerland
Crocker Citizens A
Amphrast
South Africa
Arend Anker Ghent
Great
Arun Chea
Saya
Ain
France
Losurang
Jaflex Corp
Falls
Toland SN
Duke
Oakland
Ina
Tringex
Stapay
Payless
Babes
Usgypain
Wells Fargo Ari
Parke Davis
Linas
Beckman
Ats
Meath
Isa Jerchatre
Eas Ale
TVA Viet
Marian
ReieLack
Jorn
Toma
Associated Press
Frisitayer
Evershare
Nz Bullard
Uv Werk Agn
Aga TA
Mt Burraghs
Koopers
Pellman
Westworth
Fuchstia
Ralston
Rayo
Zenith
Jaldaibey & Mather
Dels Corrien Cp
Seleermtt
Raytheon
The
Za Carter
Erie
Rexall
York
Nasty
Genbynan Pera
Rayceola
RoyOul
Arki
Gus
Ami OM
Christral
Uae
Ain Hydrometi
Gheysler Ny
Ava Barnes
Macy
Cleweh
Sangers
Tandharatha
New Park
Taliar
Associeled
Etsy
London cabinet weighs sweeping retrenchment plan
AP reports the British Cabinet is finalizing touches on a broad economic retrenchment package. Defense support argues for offsets elsewhere to secure approval for spending on swing wing planes amid plans to curb wartime arms orders and balance foreign exchange needs.
MENTIONED IN THIS ARTICLE
London
Plule
Fitis
Denis Healey
Also Mentioned on This Page
eDaily Investor
William A. Doyle
Pennsylvania Railraid
High Court
N.Y
District Court
Dow
Teteene
Stoker
FHL
Heliday
Fender
Holiday
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