Weighing if San Bernardino portends a filings flood
As the city of San Bernardino, Calif., teeters on the edge of bankruptcy, some see the glass as half empty, while others see the glass as three-quarters empty. Read More…
After San Bernardino, a deluge of muni bankruptcies could hit California
As the city of San Bernardino, Calif., teeters on the edge of bankruptcy, some are seeing the glass as being half empty while other are seeing the glass as three-quarters empty. Read More…
No sure thing, but these strategies offer healthy yields
Finding income at a time when all the usual suspects are offering next to nothing in the way of yield requires both creativity and a stomach for a bit more risk. That said, it turns out there are some interesting and relatively simple income strategies that can produce yields well beyond what retirees might get from Treasury bonds or certificates of deposit. Of course, it is worth noting that the following examples of ways to generate income all come with one significant disclaimer: Neither the income nor the principal is guaranteed. Read More…
Advisers should tread carefully in subprime market
A recent rally in subprime-mortgage-backed bonds, which were widely reviled as being among the root causes of the financial crisis, should definitely be considered in a larger context. Read More…
Itchy Investors Ramp Up the Risk
Robert Marcotte can’t afford to play it safe anymore. With interest rates likely stuck near zero for nearly three more years, the 61-year-old retired telephone-company manager is about to ramp up his holdings of stocks and municipal bonds, using money now at the bank in certificates of deposit. Read More…