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re: Tax Free Muni Bonds
Posted on 6/29/15 at 4:59 pm to TheHiddenFlask
Posted on 6/29/15 at 4:59 pm to TheHiddenFlask
I love the garbage slinging Edwards Jones guys down voting me and not having the balls to reply.
Man up and tell me why I'm wrong champs.
Man up and tell me why I'm wrong champs.
Posted on 6/29/15 at 5:23 pm to TheHiddenFlask
Talk to any city politician who knows/understand finance, they understand that the bell will toll for their city and soon. Defaulting on bonds is not out the picture in the slightest going forward. Municipalities can't print money and they can't cut the budgets because the people who vote in the politicians are the people who get paid by the them.
As THF pointed out, the yield curve is ready to jump. Who in their right mind would buy a long term municipal bond at these interest rates?
As THF pointed out, the yield curve is ready to jump. Who in their right mind would buy a long term municipal bond at these interest rates?
This post was edited on 6/29/15 at 5:25 pm
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