The thread has lately contained much discussion, and even down-and-out argument, about Bob's stock picks. I acknowledge that Bob's stock picks offer a bit of intrigue, and are often nearly as exciting as his uncanny identification of "gift horse buying opportunities."
Notwithstanding the above, let's not forget Bob's less exciting recommendations. While rebalancing my portfolio, I ran across an investment that I purchased based on Bob's recommendation some years back. This particular investment is of the highest quality and is completely risk free. It pays tax-deferred interest, even outside of IRA's and qualified retirement plans, and guarantees a rate higher than the current 30-year Treasury Bond rate. In fact, should interest rates rise excessively in the future, the interest rate paid on this security will also increase a corresponding amount. As a plus, the security was offered free of commission.
Thanks, Bob, for the great recommendation.
Best wishes,
I2
(You do remember when he was recommending this instrument, don't you? Ah, yes, Bob was correct in his statement that, at the time, U.S. Series E Savings Bonds were "no-brainers.") |
