Even the bond investment yielded only $6,800, and that will probably be reduced after he pays additional taxes on the sale of the bonds.
Nearly 700 employees of Cantor, a bond investment and trading firm that was in the trade center, were killed in the attack.
Instead, they may simply suffer through the next few years with depressed earnings because their bond investments pay interest rates that are below market.
He says his goal is to "position ourselves as a more conservative bond investment with a fairly intermediate duration," now about 2.2 years.
But only 35 percent said they believed that the value of bond investments declined when interest rates rose.
"Why is there no bond investment in the mix?"
If you collect interest from a municipal bond investment, it won't add to your gross income.
All of the bond investments are managed in-house as well.
A few months from now, those cash instruments could be paying considerably less than short- or intermediate-term bond investments.
At first the Monettis had their money in conservative bond investments.