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Muni bond debacle

Muni bonds in the last three weeks have fallen out of bed. Normally I disdain these investments but we are nibbling at multiple Invesco Van Kampen funds yielding an amazing 8%. Symbols include VMO,VGM, VIM, VKI, and VCV. We expect to not only pick up the units dividend on 12-12, we expect to make some short […]

Bank Stocks

They looked oversold and we have been nibling at them making a little money, losing a little money. Yesterday as soon as the WSJ broke a story about the Fed allowing them to start offering dividends again, we jumped in with both feet. We especailly hit Bank of America hard on the option front loading […]