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Re: Hey DGPeddler

By: DGpeddler in POPE | Recommend this post (0)
Sat, 14 Jul 12 7:24 PM | 44 view(s)
Boardmark this board | (The) Pope's for real stock market report
Msg. 64256 of 65535
(This msg. is a reply to 64230 by Zimbler0)

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I will check them out too. I once thought about muncipal bonds but now cities are going bankrupt.




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The above is a reply to the following message:
Hey DGPeddler
By: Zimbler0
in POPE
Sat, 14 Jul 12 4:19 AM
Msg. 64230 of 65535

DGPeddler,
Ever think about investing in a bond fund?

I got two municipal bond funds paying out
better than 4% . . federal tax free income.

However, if and when interest rates go up the
funds share prices will go down . ..

But, here they are.

Scudder managed municipal bond
SCMBX (last week) $9.37 a share with a 4.7% yield.

Vanguard.
VWAHX (last week) $11.08 a share with a 4.4% yield.

(I own shares in both of these.)

Zim.


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