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Tom B's
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I buy Muni's through VILPX, but I'm NOT accumulating because the housing crisis could dramatically diminish the local tax base supporting these instruments. I'm an individual investor; NOT an economist, but my feeling is that the US will print more money (and weaken the dollar further) before they would contemplate defaulting on treasuries. I actually like stocks now. With ultra-high volatility, there are killings to be made (outside the financial sector, which is toxic, in my view, right now).
Sep 25 21:53 pm
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All Comments by Tom B »Why It's Time for Muni Bonds [View article]