It would be selling the bonds and buying the stocks because what's happened to the extent that you have bonds in your portfolio, interest rates are at rock bottom, which means that bond prices are up, the funds have done very, very well, so take some money out of the bond funds and put them into equity funds.

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However, when individual investors decide to take their money out of a bond fund, the portfolio manager may be forced to sell bonds at less than desirable prices to give them back their money.

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This should be enough to take Italy and Spain out of the bond market shooting gallery for a year.

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And if you want to really take it to a luxury level fitting the Bond motif, consider renting out one of the rooms in the lakeside Villa La Gaeta, a stunning castellated private home with its own beach near Menaggio on Lake Como.

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For instance, did you know you could take a humble corporate bond yielding 7%, collect a yield of 10% and cash out with a 73% gain?

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Others including Bullard and Lockhart seem happier to take improving data at face value and feel the FOMC should address the need to see out the remainder of its bond purchase plan.

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