Mutual funds versus stocks in long term returns debated
Carlton Smith and Richard Putnam Pratt discuss a contrarian view that mutual funds can rival or exceed profits from randomly selected stocks over a decade. The analysis compares four approaches including Dow Jones blue chips, S&P 500 stocks, all mutual funds with one year, and all growth funds with ten years, using $10,000 as the initial stake.
MENTIONED IN THIS ARTICLE
Carlton Smith
Richard Putnam Pratt
Wall >Street
Mutual
Multifand
Standard & Poor
Murder charge filed against 17 year old in Lumberton
In Lumberton North Carolina Ralph Train charged with murder for death on interstate route 7S near Lumberton on Nov 6. He turned himself in to Richmond Virginia police the next day and was brought back to Lumberton by local and state investigators.
MENTIONED IN THIS ARTICLE
Trace
Richmond
Lumberton
North Carolina State Bueau of Investigation
Play It Safe Men Seek Straight Path Advice
A guidance note urges men unsure of direction to stay on a straight and narrow course. It emphasizes caution and steady choices as a path to stability and success.
Retailers Gauge Christmas Sales Despite Pollster Views
AP dispatch reports a split view on holiday spending with pollsters casting doubt on strong consumer mood while retailers push forward with aggressive promotions. Inflation and recession fears have dampened buying spirit, yet credit availability and longer store hours may activate shoppers and boost pre Christmas sales efforts.
Money policy seen painful yet manageable
Trade Winds reports that U S monetary policy will stay anti inflationary until production weakens and prices settle. Paul McCracken warns 1970 may be uncomfortable. Mayo notes restraint remains. Analysts foresee dreary chemical profits first half 1970. Auto investment to rise modestly. 1971 models face partial facelift. Threats loom of a nationwide railroad strike. Nixon prepares emergency legislation. Airlines plan about 3 2 billion in 1970 71 equipment spending.
MENTIONED IN THIS ARTICLE
Lou. Schneider
North American Newspaper Alliance
New York
Federal Reserve
Paul McCracken
Nixon
Council of Economic Advisérs
Mouch
P. O P.usar
Chemical Week
Penn Central Railroad
Congress
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Hatlo’s
Nme
Newspaper Enterprise Assn
Tizzy
By Kate Osann
Play IT Safe
Business Mirror
John Cunnife
NEW York (Ap
Survey Research Center
University of Michigan
Itvis
Santa Claus
U.S
Robert Mayo
Cairlines
Debutogs JR
FUN Furs
Othe Baehrom
Westchester
Nash
Nash Jewelry
N. Main
Fashon
Westchester Mall