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Originally Posted by bingo296
Hey all, I'm a retired US NAVY Veteran and I've been dabbling small time in investments and fund management. At this point I own two businesses a gas station and a small franchise that i bought through ebay(which is kind of funny) and I have managed funds with ameritrade managed funds facility (4.64) as well as monthlyreturns which gives like 4.78% returns monthly. The above is fine but I still have a problem. The businesses are pretty hectic especially because i'm getting up in age and so running up and down behind young people isn't really cutting it for me. Does anyone here have any info on bonds or more managed fund facilities that i cud sign up with? mod cut
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Bonds pay some really low interest rates right now.
One of the more aggressive, but solid performers is Loomis Sayles Bond (
www.loomissayles.com). It lost a lot in 2008, but it rallied hard in 2009 and has a good long term track record.
If you want a more conservative fund, something like Harbor Bond would work...but you have to know, even the manager of this fund says he believes its performance will only be 3% to 5% over the next 5 years (
Welcome to Harbor Funds)
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