Regarding Municipal Bonds — your referral information to Nuveen is excellent. We should all be cautioned that the rating services like Moody have companies like MBIA under review because the cities and municipalities might not be insurable or a good credit risk. Why? More fallout from the Subprime mess. Connect the dots, and follow the money. If property owners turn back the keys to their houses to a bank or mortgage company, and the taxes on the property go unpaid, then the municipality (city or county government) may find its credit rating downgraded, and its bonds regraded. As a result, the municipal bond fund may see results that will not match expectation. It is all about risk management, and I doubt if the teasers at Stansberry considered this factor in their analysis. If they did, they probably would have offered an alternative investment – such as TIPS or short term treasury bonds. Good Luck!