Buying Bonds and National Debts...

Buying Bonds and National Debts...

Posted in the Banking Forum

The Prudent Investor

Dunkirk, NY

#1 Oct 16, 2013
Bonds and Stocks are short term financial instruments to help business to grow...As a nation, it used the same principle to issue Currency (Dollar Bills) as stocks and Bonds to pay for the government spending!!

But, it has to honor the Principle and Promise to make redemption transparent and reliably executed...When the Reality exceeds the Ability to fulfill the the above Principle + Promise, the National Debt Default becomes a deadly crisis...

The Bond holders and Stock (Cash) Holders are invariably hurt and harmed!

For now, anyone investor in America has to be extremely prudent..I can tell: Very, Very Few can follow my footsteps to retire at age of 57 and enjoy a lifetime of prosperity!!

The secret: Never venture to some story land and spend your hard-earned money to gamble on Stocks and Bonds...And the future could be even more riskier when the Dollar Bill (currency) is getting A Tommy Knock!!

Let us hope that the Progressives and Conservative Sound Minds in Congress can and will stand firm on their principles to rectify the past wrongs!!!

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