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Re: DewDiligence post# 7286

Saturday, 07/20/2013 11:03:12 AM

Saturday, July 20, 2013 11:03:12 AM

Post# of 30493
OT: Did not know where to post this question and link, but here goes. In Dec you nailed the forthcoming Muni bond crisis , which declined 11%+ in last 6 weeks or so................. I escaped putting most into another condo in LA where temperatures have been 60-70's lately. But But But have nice sum left earning nothing, it is in cash. I never had so much cash uninvested in decades, I just saw this rather complicated article, what is your take as 7% interest with minor risk would "interes"t me (pun intentional, no apologies)?

http://seekingalpha.com/article/1552562-hidden-treasure-in-this-7-tax-free-yield-play?source=email_the_daily_dispatch&ifp=0

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