To: Eric in the Ozarks
Municipal bonds? Do you know how many cities are going to go belly up in the next decade due to pension obligations? If You want 1 cent on the dollar return, then buy municipal bonds.
143 posted on
06/26/2017 10:07:07 PM PDT by
P-Marlowe
(Freep mail me if you want to be on my Fingerstyle Acoustic Guitar Ping list.)
To: P-Marlowe
I'm selective in the muny bonds I buy.
There are healthy cities, counties, sewer districts and the like that are safe, sound (albeit moderate return) places to invest.
One utility I own, Alliant of Wisconsin, has done wonders for shareholders.
Check their recent results.
150 posted on
06/27/2017 7:35:29 PM PDT by
Eric in the Ozarks
(Baseball players, gangsters and musicians are remembered. But journalists are forgotten.)
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