Nuveen Insured Municipal Opp. Fund, Inc. (AMEX:NIO)
Provide attractive monthly income from a portfolio of high quality municipal bonds.
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Municipal bond income is tax free and with large number of baby boomers reaching retirement this will be a very good source of future income. This fund has proven to be reliable and safe over the 20 years I have owned it, and at current prices, may possibly have a 20-30% uptick potential price wise as well in the next couple of years.
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NIO has a great dividend, which I like in this type of market.
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Shorting Fixed Income is a sure way to beat the S&P 500 when the Benchmark does well and sure way to loose when the Benchmark does poorly. Luckily the proability distibution is skewed in my favor!
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