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Re: Municipal Bond Funds

By: micro in 6TH POPE | Recommend this post (0)
Sun, 09 Aug 20 8:08 PM | 31 view(s)
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Msg. 04467 of 60014
(This msg. is a reply to 04449 by Decomposed)

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ZIM
I would recommend putting that money into GOLD some way. There are various funds you can buy that are based in precious metals like Gold or you may nbe able to buy the index.. It looks like a strong gainer over the next few years, and silver also...

Just my two cents worth...


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The above is a reply to the following message:
Re: Municipal Bond Funds
By: Decomposed
in 6TH POPE
Sun, 09 Aug 20 5:32 AM
Msg. 04449 of 60014

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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