> Are you trying to make money or do you need some short term losses before year end to ease your tax burden?
I don’t want to lose any money. I have been doing very well for the past 4 years (gee i wonder how that happened lol). I do not know enough about taxes to know if you are serious or not, although i suspect you are not being serious.
Buy blue chips. GM, American Tel and Tel, Standard Oil, United States Steel, and that new one IBM are good. It’s likely to edge out Burroughs Comptometer.
Round it out with some railroads. They are going places. And utilities are a great place to store your money. They have dividends, you know. And they are totally safe. Everyone is getting electricity nowadays.
Avoid municipal bonds, like the offerings from Detroit and Philadelphia. I did hear of a hot water issue in Flint, though. The fun of clipping the coupons wears off in a hurry.