Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: EL KABONG!!! who wrote (27960)	1/27/2003 2:58:39 PM
From: Jim Fleming	Read Replies (2) of 74559

Re risk >the risks associated with investing in bonds (any bonds, including munis, high-yield, corporate or government) may be significantly higher than the average Joe-6-Pack might think.< You are correct and it comes as a great shock to the sophisticated institutional portfolio manager when he can't get any bid on AAA bonds. I have been there and it is not fun. Jim

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