Thread: Investing 102
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Old 01-31-2012, 10:38 AM
lmnop lmnop is offline
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Hi Greg
Thanks again for all the info. I have a rookie question for you that may have covered already. When you talk about the interest on a corporate bond of 10% it is paid annually correct? And then you get your initial investment back on the maturity date? And is this the same for Muni bonds? On a side note I have a mutual bond story when I was 21 I had 18k invested in a tax free account. I am now 38 that mutual bond is now worth 21k and some change. That is why I have stayed away from the stock market; I figured if the “pro” heading up the mutual fund can’t get it right what hope do I have.
Ray
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