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To: neverdem

Two days ago I moved my entire portfolio into TAB municipal bonds. (I was aggressively positioned with 70% stocks because I am still fairly young.) I don’t know much about finance, but I do know nothing good can come out of the next 4 years. I am just hoping to outlast the insanity. I’m not optimistic about the Country’s fiscal future! But I’m from a long line of Louisiana rednecks. We have a little land and we know how to put meat on a fire, so I guess we’ll be ok.


19 posted on 11/27/2012 10:52:20 PM PST by Casie (Chuck Norris 2016)
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To: Casie

I would hang on to the land if you can plant or hunt it. Get rid of the paper. Watch Ann Barnhardt’s latest 8 part vid on YouTube. Actually, hunting will probably go fast cuz of poachers. Of course poachers make good dog food...


23 posted on 11/27/2012 11:25:49 PM PST by wastoute (Government cannot redistribute wealth. Government can only redistribute poverty.)
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To: Casie

I am no financial advisor, but do some research on munis. They are probably not the place to be either. We are going to go deflationary first—cash is king. Munis will fail along with the rest of them.


27 posted on 11/28/2012 12:03:15 AM PST by Vermont Lt (We are so screwed.)
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