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Corporate Bonds Look Tempting

I should have added in my above comment that the bond strategy I suggested applies best, of course, to tax-deferred IRAs, etc.

Corporate Bonds Look Tempting

Though junk bonds seem attrative, no one knows how deep or long the recession (posssible depression) might last. But, tripple or double A-rated, non-callable corporate bonds, two to five years duration with YTM of between six and eight percent (e.g., G.E. bonds and notes) seem to me to represent an excellent conservative investment for an investor rather than a trader or speculator. They have little default risk while delivering a very decent return, far better than government bonds. Moreover, if two to five years from now inflation swings in and bond values drop as coupon rates rise, the proceeds upon maturity can be reinvested into higher-return bonds. I believe this is an excellent, conservative and safe strategy for those who are, or about to be, retired.