I continue to read with interest the advertisements in my local paper for these Advanta high yield investment notes. Currently, they’re offering a 1 year note at 8.5%, a 2 year note at 10% and a 10 year note at 11%. These are exceedingly high yield investment notes, especially in light of the current low [...]
It was mid-2008 when investing pundits and fund managers alike started to extol the virtues of municipal bond investments as perhaps the best investment of a generation given the relatively high yield and tax-favored status in relation to their low risk. Since then, financial conditions have deteriorated even further, in some cases, driving the values [...]
