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A Year for Savvy Stock-Picking

Q: How about the income side? Any advice on bonds?...

A: Well, if you want to get about 5% to 6% return on your money with very little risk, you can do a few things. First, some municipal bonds are paying about that much. And if you're willing to go down the credit-rating scale slightly, you can do pretty well. For instance, a 10-year BBB muni yields about 4.2%, which equals 6.5% taxable yield.

The Aging of Abercrombie & Fitch
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