Comments on: AMBAC downgraded http://www.indextown.com/archives/2008/01/18/ambac-downgraded/ Personal finance and investing in mutual funds and ETFs Thu, 20 Nov 2008 20:53:56 +0000 http://wordpress.org/?v=2.5 By: indexfundfan http://www.indextown.com/archives/2008/01/18/ambac-downgraded/#comment-20187 indexfundfan Mon, 21 Jan 2008 21:29:28 +0000 http://www.indextown.com/archives/2008/01/18/ambac-downgraded/#comment-20187 Mike, thanks for your views. Interestingly, I haven't seen much fall in NAV of VG's CA muni funds. Perhaps they hold much less insured-backed issues. Mike, thanks for your views.

Interestingly, I haven’t seen much fall in NAV of VG’s CA muni funds. Perhaps they hold much less insured-backed issues.

]]> By: Mike http://www.indextown.com/archives/2008/01/18/ambac-downgraded/#comment-20186 Mike Mon, 21 Jan 2008 21:22:07 +0000 http://www.indextown.com/archives/2008/01/18/ambac-downgraded/#comment-20186 Here's <a href="http://www.usatoday.com/money/perfi/bonds/2008-01-20-muni-bonds_N.htm?loc=interstitialskip" rel="nofollow"> another view</a> of this issue. Here’s another view of this issue.

]]> By: Mike http://www.indextown.com/archives/2008/01/18/ambac-downgraded/#comment-20185 Mike Sat, 19 Jan 2008 17:44:46 +0000 http://www.indextown.com/archives/2008/01/18/ambac-downgraded/#comment-20185 You were smart to see the writing on the wall and liquidate your municipal reset bonds last year. A failed municipal resets auction is a very good possibility the way things are looking for the economy. You were smart to see the writing on the wall and liquidate your municipal reset bonds last year. A failed municipal resets auction is a very good possibility the way things are looking for the economy.

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