Are Investors “Buying” California’s IOUs?
02 July 2009 at 11:53 am by Gary Gordon
The problems for the world's 7th/8th largest economy, California, have been plastered all over the news. Yet would any one in their right mind want to invest in the California Muni Bond ETF (CMF)? The bond rating for Cali isn't junk yet, though it has the worst bbond rating for the 50 states.
Also, see why ETFs are now one of the top investment vehicles for the pros. And, look beneath the hood of the new Islamic ETF.
Below are 3 of the premier articles for July 2, 2009:
Time For California Muni Investors To Take A Stand –
Excited By ETFs – Mark Hulbert, MarketWatch
JVS: First Islamic ETF Now Trading – Patrick Watson, Invest With An Edge
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