Rik's Ramblings

Monday, December 17, 2007

DHMBX: It's 'broker speak' for 'turd'

Bonds.  They're a low risk investment vehicle where you trade-off large returns for a guarantee of income and you don't loose your original investment. 

Well, my investment in this festering turd is down 6% on the year (bought them last Jan).  Even if you factor in the dividends they've thrown me over the year I'm still in a fucking hole.

And I though a week stock market typically resulted in a rise in the bond market.  Would someone please tell that to the donkey chods working at Dreyfus 'managing' their DHMBX.

Avoid this puppy like you'd avoid a Rottweiler with a headache.


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