Re: FT: Carlyle faces more margin calls

"Uncle_vito" <uncle_vito2002@[EMAIL PROTECTED]
> wrote in message 
news:xYCdnamsovAu5E7anZ2dnUVZ_siknZ2d@[EMAIL PROTECTED]
>
> "John Galt" <whoisjohngalt@[EMAIL PROTECTED]
> wrote in message 
> news:3WAAj.25456$Tj3.6833@[EMAIL PROTECTED]
>> dividend paying stocks. Plenty of both right now, and they appear to be

>> the way for the average guy with cash to make out in this market.
>>
>> JG
>
> I have 12% of my non qualified (taxable) ****tfolio in a muni bond fund. 
> However that took a hit about a week and a half ago over MBI and ABK 
> insurance scares.  Seems to be coming back.  I was looking at individual

> bonds but the fund has a much higher return.  Only fear about the fund
is 
> being upside down when interest rates rise again.  I doubt interest
rates 
> will rise anytime soon., however.

Individual quality bonds currently return 5-6% tax free. If your fund is 
doing better than that, they're doing it with lower quality issues and
(most 
probably) borrowed money. Beware.

JG