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Technology Stocks : Intel Strategy for Achieving Wealth and Off Topic -- Ignore unavailable to you. Want to Upgrade?

To: Sonki who wrote (13253)	11/16/1997 3:25:00 PM
From: Brian Malloy	Respond to of 27012

I can not say too much about the bonds because I'm not at a point in my life where I feel I need them yet. My basic thoughts have always evolved around bonds=current income. They make sense for this. Bonds of course can also give cap gains and losses if not held to maturity (if the they allow them to go to maturity). I would rather pick companies than determine which way interest rates go. Lastly, if you are buying your own bond and do a good job then they will probably call them from you at some point. My parents purchased 30 year Treasury notes for me and my brother during the 70's and 80's. Uncle Sam has called some back and will no doubt be calling more back as interest rates continue to drop. (You can believe that if interest rates were rising they would not call a thing). IBM or Intel as an example can not call back their stock and and only pay you at 1975 prices. I think your internet avoidance strategy is paying off. More time to plan things out, time with family and probably more sleep not to mention less stress. PS: Since you will probably be retiring in 2-3 years then having some bonds would be good for you. Lock in good rates now. Many are calling for the long bond to be down to 5% by Y2K and probably bottom out around 4.25% or so.