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Wise counsel on safeguarding a widow's savings and inflation
An advisory column discusses a widowed relative with about £200000 in assets. It argues against keeping two years of expenses in a nonearning checking account and warns that gold and low-risk stocks carry risks. It recommends insured savings, Treasury bonds, and high quality bonds, while stressing no riskless place exists. It also answers how to learn ex dividend dates and notes regular quarterly schedules.
MENTIONED IN THIS ARTICLE
Tam
AAA
Treasury
U.S
Africa
Russia
General Motors
Consolidated Edison