European Stars And Stripes (Newspaper) - December 6, 1987, Darmstadt, Hesse Page 20 the stars and stripes sunday december 6,1987 investor s guide by Bill Doyle q. I made my fill contribution to a spousal individual retirement account in 1983. Putting $2,250 into a real estate limited partnership recommended by broker and sponsored by his firm. For 1984, 1985 and 1986, my Ira Money went into government securities at a different brokerage firm. I reached age 70 1/2 last month and wan informed by the second brokerage that the tax Laws require me to Start taking Money out of my Ira in 1988. When 1 contacted the tint broker age about the required Ira withdrawals the new Bro Doyle Ker there told me i cannot liquidate my real estate limited partnership investment at my age. Is in Normal that i can t Benefit from my Ira investments by taking the required withdrawals a. The word Normal certainly does not describe the fix you arc in. Unusual docs fit. The usual procedure when an Ira participant passes to \/2 is for enough of his or her Ira in vestment to be liquidated through a Sale or redemption each year to provide Money for the required withdrawals with most types of investments that can be handled easily by he Ira sponsor or trus tee. Limited partnership in real estate and other ventures can be a different can of Worms. The brokerage houses that sell participation in those partnerships usually Promise to maintain secondary markets through which investors can sell the participation All too often however ii becomes difficult sometimes impossible to unload those participation. Ai a result investors Are locked in until the partnership is Temina cd and the proceeds distributed. Thai can Lake Many years. That last broker you spoke to is Correct. The limited partnership was not a suitable Ira investment for someone your age. The broker who put you in it and his firm did not fallow the suitability you should complain to the securities and Exchange commis Sion. Q. I have a self directed Ira through which i buy Tod Ell stocks and other securities it brokerage Bouse. My broker look almost three months to execute a buy order. He wrote to new and apologized but i m out about $3,500 because of his tardy action. I m try item to him. With a copy to hit Boss asking for i specific financial settlement to cover my Lou. So far i have no reply. How should i pursue this in the event of Complete failure in reply or a reply unsatisfactory to me a Contact the head of that brokerage firm at the Home office Lay ing out the facts if you Are still stonewalled or Are not satisfied with the response go to arbitration through the Stock Exchange in which thai brokerage holds membership. Every Stock Exchange has arbitration proceedings to Settle Dis Putes Between broken and customers. The Sec recently started a move to beef up arbitration so thai customers will get fairer shakes. ?0h $ q4r i4 0 we glib 43j.700 " pattern a hu.21m Bat 304.700tax at 270 7dq Tori May Tei 232 i do not a 206,000 25% 1 8? �30i&flioo 54 Oak Ito ib3.boo Idle 12 7 4 b1- 16 32 cause the underlying premise is that we arc in a hear Market. And it will take considerable evidence to prove otherwise before we change our in economic news Friday inc govern ment reported that inc nation s civilian unemployment Rale fell 0,1 percentage Point last month to 5,9 percent and non farm payrolls Rose 274,000. The data exceeded Market expectations. Right now this Market is influenced by the wider bigger International picture. The Domestic indicators Are really past history Harrington said. The marketplace is More interested in what the Economy and the world Economy will look like in inc Middle of next year. And there is definitely an Uncertain Outlook. The most important thing is that the primary trend is Down and we must respect that Broad Market indicator also declined on the week. The new York Slock Exchange composite Index fell 9.25 to 125.91. Standard & poor s Soo Slock Index dropped 16,42 id 223.92. Declining issues trounced advances 1,816-222 among 1,154 issues traded. Big Board volume totalled 956,651,160 shares compared with 568,970,030 the previous week and 861,082,300 a year ago on the trading floor Occidental Petro Leum was the most Active nose listed Issue on the week Down 2 to 23 a. Ohio Edison followed off i a to 19. Texas utilities was third Down 2 a to 26 it. Among Blue chips at to was Down 2 to 26, ism dropped 7vi to 107 a Amer ican express was off 2 to 21 k. General electric was Down 3 a to 40, Kodak was off 3vi to 44 and general motors was 10 chm Ca 60 4 7 4 70ft 64v, is 1 Man Slock a jul a Bupp it a Moul a mrk to am rec or Frisch a eco bin p Fly vow few tefts a told a m Vicki i 12 fimm rift Ufi Udipi a. 1.4 3.9 176 484 3 full _ 3 b7y, 2 4 2 2q 3v. 0091c05032 065 640 07 046 44 0 the biggest loser on the week was Merck Down 22 to 153 to the american Stock Exchange Index fell 19.07 to 231.90, the National association of securities dealers Index of Over the counter stocks lost 23.55 to 292.92, on the Macx losing issues beat win ners 805-99 among 1.017 issues traded. Volume totalled 59,7&0,s75 share com pared with 40,049,630 traded a week ear Lier and 59,153,570 traded in the same week a year earlier Echo Bay mines led Ihu Macx Active us do Burtur wild cd is Gro uan us in Sam sir so sitcom noon tax Buta of go. Nil Ali Invina oui Sim. To fund. 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