Hi Too Fuzzy,, Bonds
CXE is a leveraged high yield closed end muni fund,, was yielding 8.01% a few days ago,, no fed tax either,, most of the best high yield taxables, are in the low and mid 7% range,, with eff maturity of about 4.5 yrs,,,,,, long term 30yr anything bond right now seems suicidal,,,, 4+ yrs for over 7% in this market seems reasonable to me,, 8% not taxed looks even better in terms of yield,,, I have so many friends at work and in life that are just ravaged by this market the past 48 months,,, looks like 15% or less of stock funds made money this past quarter,,, and the economy is booming? even less than that with inflation factored in,,,, fact remains I know so many people that have lost 70 to 80% in their funds,,, their telling me they need Dow equivalent of 28,000 to 30,000 just to get back even,,, cause their base was reduced so much in their funds,, even aim 50/50 long since ran out of money,,, aim 70/30 or 80/20 is even worse,,, when I look back at all eleven funds I once owned,, the one that whipped all their butts was my high yield bond,, I was just fishing for ideas for next aim portfolio addition and i new someone on here was nto closed end funds trading on the nyse,,, Firebird
