08 Jul 2008 |
|
|
After a year of free fall, is it time to buy munibonds now? It may be. High-yield munibond funds like the Legg Mason Partners Municipal High Income (STXAX) have made some gains in the past few months of 2.5%. High-yield munibonds that fund the construction of hospitals and schools are riskier than bonds that fund basic state and local governments. But they're returning 3% more than safer munibonds. Best of all, the STXAX costs an initial investment of only $500, with additional investments of $50. That's a cheap investment for a safe haven portfolio. The munibond fund has been up 4.9% over five years annualized... Ann Sosnowski
Put Your Name on the "Free Money" Payout Roster! According to our informal research, nine out of 10 Americans have never heard of the "13F Distribution Plan." Yet, those who do know about it are collecting a small fortune. Get all the information here, and take a look at sme of the amazing payouts our readers have already received... |