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Newspaper
Middletown Journal
Location
Middletown, Ohio, United States of America
Date
Aug 10, 1969
Page
12
Retired investors are urged to scrutinize mutual funds as a source of income. The piece cites a fund’s six month losses and 1968 gains to show volatility and questions the payoff of high commissions. It warns against monthly withdrawal plans that can erode principal and urges shopping among several funds with independent advice.
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