To: muir_redwoods
I gauge peoples financial literacy by asking if they would pay more for a high yield corporate bond or a low yield corporate bond.They'd have to be able to assess their own acceptable level of default risk before answering that. Which...kind of proves your point.
41 posted on
11/19/2015 9:13:30 AM PST by
Bloody Sam Roberts
(Democracy is not freedom. Democracy is simply majoritarianism. It is incompatible with real freedom.)
To: Bloody Sam Roberts
Well, I got some awesome rates on these here Greek municipal bonds. What could possibly go wrong?
To: Bloody Sam Roberts
the question isn’t which they would buy but simply what the price would be
47 posted on
11/19/2015 9:18:58 AM PST by
muir_redwoods
(Freedom isn't free, liberty isn't liberal and you'll never find anything Right on the Left)
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson