Investment Club Growth and Fund Size Debates
Dear Mr Blackburn I and my wife have invested in three growth funds with dollar cost averaging We consider stopping further purchases in the largest fund as it passes 500 million and shift into smaller funds As funds reach 400 500 million we would repeat this approach We wonder if concentrating in fewer funds is wiser or spreading across six or seven funds would pay off In our forties we seek prudent diversification and may favor load or no load funds depending on performance The Las Vegas Investment Club formed 15 months ago has grown insights from partnerships and market analysis Our club assets are now 115 percent of initial investment We started Findlay Oldsmobile Employees Investment Club and joined N A L C We seek guidance on joining local investment clubs and note editor Mitchum Jones and Templeton join NYSE offices in Las Vegas It s Your Money appears weekly in the Las Vegas Sun letters page
MENTIONED IN THIS ARTICLE
Las Vegas
Mitchum Jones
Templeton
New York Stock Exchange
Las Vegas Sun
Ferguson
Reader Inquiries On Estates
Readers ask about guardianship when a divorced parent is the surviving guardian and executor, and about revocable living trusts. The article notes court guardianship power, bonding, and accounting, with trusts used to manage fortunes and support institutions. Contact Marketing Department at First National Bank of Nevada with questions.
MENTIONED IN THIS ARTICLE
Clark County
Cate
First National Bank of Nevada
P. O. Box
Las Vegas
Mexico City Altitude Warning For Olympic Travelers
Aetna warns travelers to Mexico City's mile and a half elevation may trigger faster breathing heart pounding and stomach rumbling. Health risks affect those with chest heart or anemia issues and a doctor should be consulted before departure. Advice includes pacing training and avoiding strenuous exertion unless well prepared.
MENTIONED IN THIS ARTICLE
Mexico City
Aetna Life & Casualty
U. S
Aetna
Quash Inflation Misconceptions From Northwestern Mutual Chief
Francis E. Ferguson of Northwestern Mutual Life asserts inflation at 4.3 percent is temporary as the Vietnam War ends and poverty fights ease. He argues for cash value life insurance as a defense against inflation and deflation while urging agents to promote investment and secondary reserves.
MENTIONED IN THIS ARTICLE
Francis E. Ferguson
Northwestern Mutual Life Insurance Co
Milwaukee
NML
Fairmont Hotel
San Francisco
Ferguson
Vietnam
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Findlay Oldsmobile Employees Investment Club
N.a.lc
Mr. Spino
Henry Ford
du Ponts
Benjamin Franklin
Philadelphia
Washington
Reynolds Metal Company
Sylvania Electric Products, Inc
Warren
Louis Colvin
Louis E. Colvin
Goodbody & CO
South Fourth Street
LAS VE@AG
Nevada