The most popular person at the party used to be the one flaunting the hottest stock tip. Pssst--zip drives. Ooh, baby! Not anymore. Today's darling is the geek in the corner explaining zero-coupon bonds. Zero what? You know, those tricky little devils that look like bonds and move like stocks and, um, are only up 25% this year after rising 22% last year. Ooh, baby! That's right. Just when you had given up on another year of 20%-plus investment gains (and having anything to gloat over), along comes a sharp decline in interest rates that has been a boon to interest-paying...
To continue reading:
or
Log-In