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Strategies & Market Trends : Are you considering quitting your dayjob to daytrade?! -- Ignore unavailable to you. Want to Upgrade?

To: kaydee who wrote (68)	1/17/1999 2:37:00 PM
From: Bonnie Bear	Read Replies (2) \| Respond to of 611

re bonds: I really like closed-end income funds...you can trade them like stocks, reinvest the dividends or use the income to roll into the hot buy du jour. I own DUC (utility and corp bonds) , FMI (Junk and utilities), RFI (common and convertible REITs), DNP (utility stocks and bonds)...my attitude is that I want an ever-increasing income so it makes sense to buy income shares and reinvest the dividends into more income shares in an IRA ..it does its own dollar-cost-averaging and, volatility averaging. You can use stop-loss, buy-stop and sell-stop just like a stock. Just buy a little bit when the shares go into the bottom of the trading range and let the dividend reinvest do the rest of the work.