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Show 1 i A Unique Investment "Take advantage of the present while preparing for the future" is the motto of the newest investment medium to compete with mutual funds. They're called mortgage investment in-vestment trusts stock companies com-panies that buy and sell first home mortgages, develop land, and otherwise finance the building industry. Southeastern Mortgage Investors In-vestors Trust, of Charlotte, N. C, for example, offers long term growth by participating in the nation's real estate and construction business. At the same time, Southeastern pays a high current return on your investment a kicker not matched by mutual funis or any other comparable investment invest-ment medium. United States revenue laws permit real estate companies to avoid taxation if they channel chan-nel 90 per cent or more of earnings to shareholders, thereby enabling investors to realize 6 to 8 per cent on their money. Mortgage trusts like Southeastern South-eastern also match advantages offered by mutual funds: A portfolio managed by experts; growth propelled by the nation's na-tion's burgeoning population; ability to borrow funds for use in higher yielding investment. |