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Subject:  Re: high yield dividend funds Date:  1/18/2011  11:21 AM
Author:  Goofyhoofy Number:  68281 of 80214

I see that you do not have a fixed income aspect to your portfolio. But what is a safe "fixed income position" today other than low interest CDs and cash itself?

Actually, I pretend that doesn't exist. You're right, I should have mentioned it. We have four years living expenses sitting in CD's, which aren't paying any interest at all. They are, however, FDIC, so that's why.

We have another two years in a bond fund, which isn't really a bond fund but a fund-of-bonds. (They don't trade, they merely buy bonds and use the coupons to fund redemptions. It's paying almost 5%, at the moment (with entirely high grade bonds). The payout keeps going down as older bonds mature and they are f