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Politics : Ask Michael Burke

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To: Tommaso who wrote (97640)10/6/2002 3:44:21 PM
From: Joan Osland Graffius  Read Replies (1) of 132070
 
Tommaso, >> That is just the sort of thing I wish I could do with my wife's money. Happily she also has an IRA where it is possible to make up for some of the rigidity of her pension.

I have been funding an IRA for my daughter since she started working. Unfortunately, I have this account at Morgan Stanley and they do not have some of the bear mutual funds available like Fidelity does. We have owned HQH for years and the reinvestment of dividends in the past has been nice with this vehicle. The dividends have been between 13% and 15% on invested capital. If there is any where in the world of growth this should be the sector. BWDIK. I have her hedged with foreign debt and gold stocks that pay nice dividends. During this year the IRA has been going no where fast. <g>

Joan
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