What do you guys think about the return on the New Zealand CD?
That's like a guranteed 15% a year!!
Am I missing something obvious here?
Any positive or negative experience with Everbank?
I know, I know...not related to mutual funds.
_Jess
Where do you get 15% a year?
The yields given at the site below are "APY," or "annual percentage yield."
"Jess" <> wrote
>
>
> What do you guys think about the return on the New Zealand CD?
> That's like a guranteed 15% a year!!
>
> Am I missing something obvious here?
>
> Any positive or negative experience with Everbank?
I recall someone commenting about them a year or so ago. Search
groups.google.com
>
> I know, I know...not related to mutual funds.
"David, we have one called Income Fund of Boston that has paid us between 8
and 16% for over 10 years. For the past two years, total return has been
right at 30%. It beats the pants off the stocks we have ratholed at
Scottrade."
Arne
..
..
"Elle" <> wrote in message
news:Mj4Ne.6923$
> Where do you get 15% a year?
"Arne" <> wrote in message
news:AM6Ne.20726$
> "David, we have one called Income Fund of Boston that has paid us between
> 8 and 16% for over 10 years. For the past two years, total return has been
> right at 30%. It beats the pants off the stocks we have ratholed at
> Scottrade."
>
> Arne
Fund inception date: 1-1-1996.
I wonder how the poster got in early.
The past 2 years were 2004 and 2003 were they not?
Total returns were 10.7% and 29.4% respectively.
I wonder how the poster got 30% for each of those years.
This is a junk bond fund that is slightly ahead of the category average.
EVIBX.
The 10 year average annual total return was 7.87% through 7/31/05.
I wonder how the poster got between 8% and 16% for over 10 years.