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Bob Barry  

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  • Junk Bond ETF Investors Are Getting Optimistic [View article]
    We purchased a high yield ETF back in 2008 across all client accounts. Our average purchase price was about $65 and we recently hit a stop loss at $80. Not a bad return on an alternative to equities given that at the purchase point, even a 22% default rate left anticipated returns higher than the best equity estimate at that time. We're out now, but continue to watch it as a potential to get back in.
    May 29, 2010. 11:31 AM | Likes Like |Link to Comment
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