New US Economy Policy Message Board

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Strategies & Market Trends : New US Economy Policy

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To: Arthur Tang who wrote (141)	4/12/1998 12:03:00 PM
From: Arthur Tang	Read Replies (1) of 435

Why America will be richer, from land development to municipal bonds? Tax free interest and compounding, higher rates but still safe and will be issued year after year; what is it? Municipal bonds, when population is increasing. Federal deficit soon will be overcome; treasury bond and bills will slowly be bought back. New ones may not be issued, even roll overs will stop some day. Bond investments are done safely by the step ladder method. Now we have to look at municipality needs. Schools closed and buildings sold in the past decade, now must be rebuild. Roads and public transportation must be bonded. Power, sewer system and fiber optical transmission system all have to be financed. So, it shall be.

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