Looking for yield?

[CarlWohlforth]

If you are looking for a better return than what you are getting on T-Bonds I suggest the Vanguard Convertible Securities Fund. Vanguard has the lowest fees. Convertible Securities are like corporate bonds except if the stock price goes up a lot they can be converted into stock. If the stock goes down a lot the convertibles get paid before stock dividends and you are in front of stock holders if the company goes bankrupt. Vanguard buys convertibles with nice yields and tries to pick the ones where the stock price goes up enough that they can sell for an additional capital gain. I've owned the fund for almost 15 years and it has done well throughout the financial disaster Bush left us.

Naturally I am only remarking on my personal experience and you need to do your homework and decide for yourself if this is a match for your investment goals. In other words "don't sue me if this one goes down!"

[Bubblehead]

 

I must agree with Carl's Vanguard recommendation! 

Before I retired, the company I consulted for used Vanguard exclusively..  The DOW was
trying, very hard, to reach 7,000 in those days.  Employees were given lots of latitude
in swapping between the Vanguard funds... I made a helluva lot of money moving my
401(K) monies around, between their money mkt, and their O'seas funds.. It cost us
nothing to call and move money between their various offerings.  The CSR reps knew
me by name, before a month passed...

Ahhhhh, would that we could return to those wonderful, challenging, and exciting days!