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Blue chip stocks |
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| Rudnick, who lives in Beverly Hills but bought a house in Bel Air that is being renovated, said housing prices in Southern California are a lot like blue chip stocks. Owners who have seen appreciation in their properties and have fairly long time horizons for their investments might consider selling their assets and puffing the proceeds into blue chip stocks or mutual funds specializing in them. The couple should buy more growth-oriented funds and selectively buy out-of-favor blue chip stocks that can return profits that can be reinvested. |
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