By Mike Adams Her husband died in February 1978. She sat down with a financial adviser and did some planning; the FA believed she would be financially stable. Her late husband’s life insurance was enough to replace his income at the interest rates prevailing in 1978. Their stockbroker bought a couple of dividend stocks for growth and bonds for income. It seemed the widow would be set for the remaining years of her life… BUT!
By the summer of 1986, the bonds had matured, and