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catman

12/06/03 3:17 PM

#178270 RE: Ace Hanlon #178262

Junk bonds...
I have an old account with some Funds in it...I was
waiting for them to be old enough to sell without penalty.
That time is well past and I noticed that one of them
is an ING "High Yeild" corporate bond fund...it has only
returned 12% in the last year. I guess it won't be around
ANOTHER YEAR !!!
catman...ISYA

PS...I can't imagine ANYTHING that could induce me to buy
another Mutual Fund of ANY kind....I feel bad enough when
I loose my OWN money, when I'm PAYING somebody ELSE to loose
it...I get down right ANGRY !!!
On the OTHER HAND...I have three different Nuveen funds now
that have returns of 15/25/36% returns on them just in the
last 12 months...they might be around a little LONGER !!!
:^)