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‘Absolute-Return’ Funds Aren’t So Definite

Jane Bryant Quinn shares some great ideas in this article –

Gather round, children, to hear about the investments you’ve been waiting for. They suggest that you might get positive returns in any economic climate, regardless of whether stocks are going up or down.

Wait — don’t run! It’s not Bernard Madoff or even R. Allen Stanford, the mini-Madoff accused of bilking savers out of $8 billion in supposedly high-rate certificates of deposit. This one’s sanctified by hedge funds and brought to you by America’s finest financial engineers.

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