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Bob
None of your suggestions would work
remind me of a visit to a brokerage house, with a friend who just sold
their home,
had 300K to invest,, ask for recommendations,,
the FIRM suggested 60% bonds and 40% stocks
then I have ask the guy,,
what will happen to my friend portfolio is during the next 5 years interest
rates increase to 5.5% on 3 month t bills
and the guy said,, well the bunds would be down 25%
then I asked,, what about his stocks,, and he said probably down 40%,,
So
if the future is INCREASING rates,, then the ONLY solution is short term
(less then 2 year maturity insured tax free municipals
As rates increase and the bonds mature you re invest at higher rates
Ben
----- Original Message -----
From: "BobsKC" <bobskc@xxxxxxxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Sent: Wednesday, January 15, 2003 9:25 PM
Subject: [RT] help
> Looking for ideas. I just had a guy who owed me $224K at 8%, pay me off
> early. I don't want to put it at much risk as I have sufficient resources
> in the markets ... can't decide if I want to buy corp bonds or real estate
> or blue chips paying a high dividend .. (maybe sell covered calls on
> those). Damn guy .. I didn't expect him to have the smarts to do this.
:)))
>
> So, where can I earn 8%+ at little risk? Not much to ask .. is it?
>
> btw .. I sold my boat load of ORCL for a $2.00 profit yesterday .. I'm not
> as certain the market is going to sink as many are ... too many think that
> for me .. the contrarian in me just won't buy it ... but .. a move from
$11
> to $13 in a few days on 2 blocks wasn't going to be passed up.
>
> Good trading all,
>
> Bob
>
>
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