Talk of The Villages Florida - View Single Post - Government Bonds
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Old 07-16-2011, 10:48 AM
mrfixit mrfixit is offline
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Quote:
Originally Posted by westcoast View Post
I am looking for a little better return. Whats the down side of
government bonds?
The soon to be......Inflation. (Plus--- further devaluation of our currency). T.I.P.S. are fine ..but the limit of $ amt. of purchases only covers a tiny amount of placements) We all realize that the TRUE inflation rate for 2010 was near 9%. BUT...by the MAGIC of the Washington D.C. elite--- we were told we had near ZERO inflation.( They simply CHANGED the product mix of what is used to determine the rate). Saved a ton of $$$$ from going to those on social security......

Last edited by mrfixit; 07-16-2011 at 09:53 PM. Reason: tmi