Date: Fri, 29 Oct 2004 09:52:53 CST
From: selfish_shellfish2@yahoo.com (ss)
Newsgroups: misc.invest.financial-plan
Subject: Junk ("hi-yield") bond mutual funds....is now a bad time?
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I'm starting to invest little by little in bond mutual funds, mainly
short-term or an overall index...but probably some junk ("hi-yield")
too.  I looked around the web but can't find the yield info. I
need....
Supposedly it's not a good idea to invest in junk bonds if the spread
is ???less than 4% or 5%......Anyone know the current spread?  (I
looked at WSJ.com, moodies, ...both of which require an
account.....then i looked at money.com....Where is this info., anyway?
 I do read the investing magazines, but the info. is dated...   What
do members of this group think of the timing of investing in these
funds.
 One other thing I'm wondering, about a non-junk fund.   I notice the
price hardly changes at all over a long period of time, in many
short-term funds (like vanguard short-term corp. bond, which is now
called short-term investment grade, or something).  It seems that I'd
have little reason to DCA into this fund, as opposed to putting in the
whole chunk of money now.  ????