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Politics : Ask Michael Burke

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To: Knighty Tin who wrote (97298)8/21/2002 1:07:07 PM
From: Tommaso  Read Replies (1) of 132070
 
There was an article you may have seen in the WSJ today about the risks of bonds.

The risk for NXP seems lowered by the relatively short maturities, though there is still the currency risk and the inflation risk. Nevertheless, I am picking up small blocks of NXP as it trends lower. If inflation goes through the roof, I will just use the tax-free income to buy booze so I won't notice.

I can't quite tell from the prospectus and annual reports: does it send a monthly check?

Anyway, thanks for sharing this fed-busting income source!
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