Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

Illinois

mopinko

(72,153 posts)

1. and the rich get richer.

Reply to TexasTowelie (Original post)

Fri Jan 12, 2018, 06:49 PM

Jan 2018

i had some money to invest, and i wanted to buy some chicago muni bonds, but my broker didnt deal is such low grade bonds.
i wanted to invest because the rates are high, and in the long run, default is unlikely.
when investing, i like to go where the rich guys go. the people buying up those kinds of bonds are not going to go quietly if there is a default.

Click here to purchase valentine hearts!

Edit history

Please sign in to view edit histories.

Recommendations

0 members have recommended this reply (displayed in chronological order):

1 replies

= new reply since forum marked as read

Highlight:

Moody's report: If Springfield doesn't change, credit rating will be downgraded [View all] TexasTowelie Jan 2018 OP

and the rich get richer. mopinko Jan 2018 #1