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Post# of 704019
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Ace Hanlon

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Ace Hanlon

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Wednesday, 11/13/2002 6:36:39 AM

Wednesday, November 13, 2002 6:36:39 AM

Post# of 704019
I have hiked my position in junk bond funds recently. The group is acting much matter and has held up well even on days when stocks are pounded. I doubt that junk bonds will reward holders with much in the way of capital gains, but just earning the coupon would provide a very nice return in these days of ultra low interest rates.


“The things that will destroy us are: politics without principle; pleasure without conscience; wealth without work; knowledge without character; business without morality; science without humanity; and worship without sacrifice.” Mahatma Gandhi

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