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I recently bought muni bond funds and SLV to hedge on inflation. PMO pays a nearly 5% dividend which is tax free. I'll take that over a 1% savings account (with
by DabbyDabberson 6y ago
I recently bought muni bond funds and SLV to hedge on inflation. PMO pays a nearly 5% dividend which is tax free. I'll take that over a 1% savings account (with taxes) any day.
- qorrect 6y agoAMZN has made a 75% return this year, and you're buying municipal bonds ? Someone is _really_ risk adverse ...
- deleted 6y ago[deleted]
- DabbyDabberson 6y agokey word, recently. As in, within a week. I realized a nearly 80% gain on my AMZN shares, and 50% on MDB shares, and a bunch of other wins as I managed to call the bottom of the V pretty well. However, with the nasdaq fully recovered, yes I am realizing some gains and taking a more defensive position.