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Subject:  Re: Taking Care of Mom and Dad Date:  9/25/1998  12:36 AM
Author:  Rayvt Number:  5628 of 100420

<<Now, their future is tied up in the proceeds from the house sale. Mom wants it to be safe and I want it to keep ahead of inflation and maybe even grow a little.

I've been thinking lately that some laddered CD's would give Mom the peace of mind she's looking for and give her a little more interest than her 2% checking account. But with interest rates as low as they are, my fear is her after-tax return won't keep up with inflation.

Read O'Shaughnessey's latest book "How to Retire Rich". Look at the "Utility/dividend" strategy. The dividend yield is almost as good as bonds/CDs but with enough growth to offset inflation.

Good luck,
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