Successful Investing Keep That Mortgage As Inflation Hedge
A reader asks about handling a $5 000 mortgage with a $10 000 annual income and $100 monthly excess. The adviser says keep the mortgage, build a savings reserve first, then invest in strong growth stocks in $400 to $600 lots and cautions against redeeming Series E bonds for stock, noting limited 5 percent return and safer options like a savings account for current income.
MENTIONED IN THIS ARTICLE
J. PF
V.P. A
Spear
Headquarters Set Up For Bond Committee
The Ohio Committee for Highway Progress has established headquarters in Columbus to push a proposed $500 million state highway bond. Co chairmen are Neil McElroy of Procter & Gamble and former Cleveland mayor and U S senator Thomas A Burke.
MENTIONED IN THIS ARTICLE
Columbus
Ohi
Ohio Committee For Highway Progress
Neil McElroy
Procter & Gamble Co
Cincinnati
Thomas A. Burke
Cleveland
U. S
Ohm
Industrialist dies in Appleton at 81
Cas per FE. Youngchild, an 81 year old retired general manager of the International Paper Co., died Monday in Appleton Wisconsin. He led major corporate operations and shaped midwestern paper production during his career. His passing marks the end of a long era in the region's manufacturing leadership.
Elderly Bilked by Quacks Report Highlights Fraud
Senate hearings heard witnesses describe widespread elder fraud via medical quackery and nutritional schemes. Irving Ladimir of the BBB and postal inspector Montague cited potency pills, bust-builders, skin rejuvenators, and vitamin drops. Harvard and Michigan State nutrition leaders condemned organized quackery amid mail order vitamins and so-called natural foods.
MENTIONED IN THIS ARTICLE
Washington (Ap
Irving Ladimir
National Better Business Bureau, Inc
Ener B. Montague
Montague
Frederick J. Stare
Harvard School of Public Health
Department of Nutrition
Dena C. Cederquist
Michigan State University
Department of Foods and Nutrition
Senate
Harrison A. Williams Jr
D-N.j
Hospital Plans $4 Million Addition at Fairview Park
The Fairview Park Hospital in Cleveland will begin a $4 million expansion this summer to double capacity. The project adds an ambulatory care center, an intensive care psychiatric unit, a chronic illness bed unit, 23 private rooms, and expanded maternal and surgical sections.
MENTIONED IN THIS ARTICLE
Cleveland
Fairview Park Hospital
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