Bob Jones

More Unstable Value Funds?

These comments are all well and good but if you are managing
money on a large scale moving to a money market yielding less
than 1% gaurantees a negative return and your clients will be long
gone. I agree with the idea using investment grade bond funds
which currently yield approximately 6% or better example:
closed-end fund MCR and the Bond Fund Of America ABNDX.
(FOOD FOR THOUGHT)