Tag Archives: Freddie Mac step-up bonds
In this month’s visit, I’ll show you how to plot your course through these tricky waters. Greenspan seems determined to steer us perilously close to the shoals of recession, but we know how to protect ourselves. We’ve got ample reserves of bank CDs and bonds, and the stocks we’re buying are well insulated from economic shocks. (Two, in particular, look like great values right now, with potential for 20%–30% gains in the next 12 months.)
I got an e-mail this morning from my friend Steve Weiss at J.B. Hanauer in West Palm Beach. His brokerage is offering a new bank CD with a step-up coupon. It looks like a winner.
Are you having trouble locating the Freddie Mac step-up bonds I recommend in the January issue? There aren’t oodles of them around, and folks who own them are understandably reluctant to part with them. But don’t get discouraged. Here’s help.