I have never been a fan of bond funds. Unlike a direct investment in an individual bond that you can hold to maturity and be assured you will get your principal back (assuming no default), a fund has no finite maturity date and most funds are actively traded. ↗
Conflict is not inevitable, but disarmament is... everyone now accepts that if there is a default by Saddam the international community must act to enforce its will. ↗
Nobody wants to put the creditworthiness of the United States in jeopardy. Nobody wants to see the United States default. So we've got to seize this moment, and we have to seize it soon. ↗
I knew 'Mars Needs Moms! ' would be a movie seconds after the title came to mind. Similarly, I also knew that my daughter would be calling me a dork as a default term of endearment eventually. ↗
I made a few records here and there by default, but I wasn't ever comfortable in that role. I wasn't comfortable on stage. We'll see how it goes this time. ↗