Successful Investing Savings Outrank Stocks To Cover Medical Bills
A reader age 65 with an ailing sister seeks advice on selling Corning Glass stock to fund nursing costs. A guardian recommends selling near the purchase price and shifting to a savings institution, avoiding risk. The column then advises a young couple to invest future savings in common stocks focusing on growth, naming Bristol-Myers, Procter & Gamble, Corn Products, and Long Island Lighting. The note ends with a quirky line about cashmere goats.