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Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host

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To: paulnewmanhero who wrote (41446)12/21/2008 11:27:58 AM
From: Boca_PETE1 Recommendation  Read Replies (1) of 42834
 
As to the California GO Bonds, I believe I heard Bob say that his bonds were backed up somehow by U.S. Treasury Securities. I've never heard of this. Why don't you call the program today and ask him to elaborate and how you can get in on some of those securities? Maybe there's someone he knows that he will tell you to call and say "Bob sent me". He may even give you Bernard Maydoff's private phone number.

As to the VANGUARD High Yield Bond Fund, right now my IRA is in the hole with that one big time, but hopefully it will come back as interest rates fall and the economy recovers. VANGUARD supposedly selects the best of Junk bonds for this portfolio. With the steepness of this recession, one would expect rates on Junk bonds to rise sharply and depress the share price. That surely happened this past autumn. I too believe that Bob could be much more informative about this fund on his radio show.

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