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Non-Tech : NetBank(NTBK)-formerly Atlanta Internet Bank -- Ignore unavailable to you. Want to Upgrade?

To: AugustWest who wrote (623)	6/10/1998 11:25:00 AM
From: Benny Baga	Read Replies (1) \| Respond to of 2414

>>>This guy was trying to sell me tax free bonds at 6%-maturity in 2018. AAA insured(is that equal or better than FDIC? No. FDIC is equal to Cash. IF a bond that is rated 'AAA' gets downgraded 'AA' the bond will be of less value. IMO if you want to buy bonds, put your money in a low cost managed bond fund, for example: Vanguard Fixed Income Securities Fund - High Yield Corporate Portfolio - 10% a year avg. return(over 10 years) majestic1.vanguard.com ...or if you are more conservative: Vanguard Fixed Income Securities Fund - Intermediate-Term U.S. Treasury Portfolio - 6.47% return(over 5 years) majestic1.vanguard.com