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Subject:  Liquidation of Bond Fund Date:  3/17/2000  5:03 PM
Author:  learnb4 Number:  2958 of 20783

I posted this elsewhere but message came back to post here.We have a diversified portfolio and are two years from retirement. We got a notice saying our no load tax exempt mutual bond fund will cease operations and be liquidated and investors may no longer purchase shares, other than reinvested dividends and other distributions. I was sgoing to take it out and move it into something else but then yesterday I read in one of your articles on your website, that as you hit retirement,one should look for dividends only. Now I'm wondering if I should just leave it there for just the dividends. I consider this one our our safer invesstments but not sure of the repercussions of leaving it in a liquidated fund. May I have your comments? Thank you.
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