Replies to Msg. #1144146
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 Msg. #  Subject Posted by    Board    Date   
04467 Re: Municipal Bond Funds
   ZIM I would recommend putting that money into GOLD some way. There a...
micro   6TH POPE   09 Aug 2020
8:08 PM
04450 Re: Municipal Bond Funds
   Decomposed  
6TH POPE   09 Aug 2020
5:38 AM

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Re: Municipal Bond Funds

By: Decomposed in 6TH POPE
Sun, 09 Aug 20 5:32 AM
Msg. 04449 of 60014
(This msg. is a reply to 04448 by Zimbler0)
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Zimbler0:

Re: “And to be honest I'm finding it difficult to find something 'safe' that pays better.”
That's a tough one since we may disagree on what 'safe' means. Short term or long term? Able to withstand what sorts of crises? (I don't think there's anything that's safe if the world has an all-out nuclear war.)

Assuming we have the same definition of the word, gold is probably as safe as it gets. I've been advocating it for a very long time, and so far I've been right. (The 3% you just cited would yield 23% in seven years. I just finished complaining about the 26.5% return gold yielded in 7 years. That was one of its BAD stretches.)









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Gold is $1,581/oz today. When it hits $2,000, it will be up 26.5%. Let's see how long that takes. - De 3/11/2013 - ANSWER: 7 Years, 5 Months