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Author: henrypeter Big red star, 1000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 35387  
Subject: Re: VKI opinions Date: 8/25/2004 12:41 PM
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<i< For a municipal bond fund to get 6.8% in this day and age, I would think they must be dealing in a. leverage and/or b. low quality municipal bonds. In either case, the fund seems harzardous to me (I've never heard of it before so I have no first hand knowledge of it.)....

....Hope this helps


brucedoe,

Thanks for your comments, as they are very helpful. I will have to tread very carefully with respect to such funds, and since I am becoming more and more risk adverse, probably not buy into this one, if any at all.

I got this fund recommended by a Motley Fool newsletter called Income Investing written by Mathew Emmert. Since my trust in newsletters has approached the zero mark, and I was hoping that this one may be different, but alas, I am increasingly not very trustful of his recommendations either. Most of his picks are low dividend paying stocks (range of 4% dividends) and thus might be relatively safer than some of his high yielding recommendations such some REITs presently yielding around 10%.

If I learn anything else of value regarding VKI, I will post it.

Thanks,
Henry


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