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No. of Recommendations: 2
NetBank has a few different account closing fees that may apply depending on your situation. Be very careful with them and read their fee schedule while you're feeling wary.

GEFN doesn't invest in GE's bonds; rather, it lends money to people (originally just to buy GE appliances; since then they've expanded). If so many borrowers default that the loan reserves are wiped out, GEFN will have no money to pay you and GE is not obligated to bail you out. They probably will, though, since they people to keep buying their refrigerators.

Investing directly with a company is certainly more convenient and having less frictional cost than investing via a broker, but the returns you get won't be as high. It is actually wonderful for the company, as they don't have to pay an investment bank to be a middleman.

For instance, Advanta and ABFS offer high-yield ("junk") bonds directly to the public, but the yield on the bonds is a bit lower than the yield you'd get on similar bonds through a broker.
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