Attention Investors:
Here's Your Solution To
Tax-Free Monthly Income
For decades, investors have purchased municipal bonds for their safety, security and
tax-exempt income. Now, Morgan Stanley Dean Witter National Municipal Bond
Check-A-Month Portfolio (M-CAMP), offers you the opportunity to own a diversified
portfolio of high-quality municipal bonds.
"M-CAMPs" are professionally selected portfolios of six individual municipal bonds pro-
viding monthly income. Most of the individual bonds are rated "AAA," the highest rating
assigned by Moody's and Standard & Poor's. Although the bonds are purchased together,
they may be sold individually or collectively at any time.
• Attractive Tax-Exempt Yields
• Monthly Tax-Free Income
• Diversification
• High-Quality Securities
• No Annual Fees
• Daily Liquidity*
By purchasing six different issues with alternating coupon payments, you receive
monthly income that's tax-exempt. This income is free from federal taxation and in most
cases free from state and local taxes as well. For more information on Morgan Stanley Dean
Witter M-CAMPs, call the number below today [or send in the coupon for details].
Take One
Bab y Step
Temple Emanu-El takes over the infant
care program from the. Oak Park ICC
100 West Big Beaver Road, Suite 500
P.O. Box 4690
Troy, MI 48099-4690
Paul A. Toby
Associate Vice President
Financial Advisor
Retirement Planning Specialist
(800) 776-8282 • (248) 680-2243
MORGAN STANLEY DEAN WITTER
* If bonds are sold prior to maturity, prices may be higher or lower than the original
purchase price and actual yields may be higher or lower than the yields stated when the
original investment was made.
Dean I,Vitter Reynolds Inc. is not a tax advisor. Investors are urged to consult with their
personal tax advisors regarding the effects of the new legislation on their situation as well
as the tax consequences of any investment decisions they may make.
Morgan Stanley Dean Witter is a service mark of Morgan Stanley Dean Witter ct Co. and services are offered
through Dean Witter Reynolds Inc., member SIPC. CD 1999 Dean Witter Reynolds Inc.
r
Morgan Stanley Dean Witter
100 West Big Beaver Road, Suite 500, P.O. Box 4690
Troy, MI 48099-4690
ATTN: Paul A Toby
El YES, I am interested in consistent, reliable, monthly tax-free income.
Please send me more complete information on the Morgan Stanley Dean Witter
National M-CAMP I will read this information carefully before I invest or send money.
Name
Address
City
State
Zip .
(
Home Phone
Business Phone
TO ALL MY
VALUED CUSTOMERS
I AM NOW AT
TROY FORD
777 John R
•
Troy
TO SERVE ALL YOUR CAR & TRUCK NEEDS
MIKE
SCHLUSSEL
(248) 585-4000
2 48-597-5 13 3
Direct Line
Ask about our
Preventive Maintenance Program
24 Hour Emergency Service
30 Vehicles • Radio Dispatch
Quality Installation
7/9
1999
1110"0-1011M
0,04,40%,koipik
•
)
335-455 5
The temple operation began July 1,
much to the delight of the Hirsches.
"All things considered, we felt more
comfortable giving these folks a shot
auren and Jon Hirsch faced a
continuing the program where it was
tough problem last winter.
located," said Lauren Hirsch.
Could they find high-quality
Ten of the 11 children
day care for
who
could be in the pro-
their 11-month-old
Lauren
Hirsch
with
her
gram
stayed; the sole
daughter Alyssa at a secu-
daughter
Alyssa,
who
defection
was a family
lar agency or would they
attends the infant-tod-
that lives in West
need to keep her at
dler program now run
Bloomfield.
home?
by Temple Emanu-El at
Hirsch said the deci-
Alyssa had been one
the JCCs JPM building
sion
to keep Alyssa in the
of 11 children in a
in Oak Park.
program
was influenced
much-praised but
by
the
temple's
success in
money-losing infant-tod-
a
related
venture.
dler program at the
"I have friends that have their chil-
Jimmy Prentis Morris Jewish
dren in the preschool program and
Community Center building in Oak
that has given me the utmost confi-
Park. In March, the center's directors
dence," she noted. "They've got a suc-
voted to shut down the program to
cessful, viable business going there and
help remedy a $200,000-a-year spend-
I think it would translate (to the
ing overrun.
infant program)."
After a major uproar from parents,
It didn't translate to financial suc-
neighboring Temple Emanu-El came
cess six years ago, the last time the
to the rescue, saying it would take
synagogue, adjacent to the JPM
over the infant-toddler care and con-
building, tried to run an infant-tod
tinue to run it at the JPM building.
LONNY GOLDSMITH
Staff Writer