Ka-ching for your 401K

Although the financial press is full of articles touting corporate bonds as a great investment, we failed to pay attention. After all, it is hard to unlearn the lessons of the world’s greatest investors who promoted only of the stock market based upon fears of inflation. Well, we know where that got us.

Although recently the market has shown signs of life, a look at the Jefferies High Yield Issues, which regularly appear in this publication, highlights the opportunities for returns that might rival those in the stock market in at least the near term, if not longer. Moreover

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