Grandma Anna’s Investment Advice

Maine Republic Email Alert

12405-judge2banna  Judge Anna von Reitz

[This was written in response to a question about Zimbabwe Bonds.]

Stay out of investments you don’t understand!!!!

I cannot stress this enough!

There are all sorts of wild speculation and weird “offers” being made related to foreign currencies and foreign government bonds.

There are all kinds of bonds– savings bonds, construction bonds, government bonds, payment bonds, insurance bonds, transfer bonds, performance bonds, bid bonds– I am tempted to say “bond bonds”.

Except in the case of cured bonds known as payment bonds — for example, matured savings bonds– all bonds are promises to pay in the future given this or that condition or eventuality.

So consider the meaning of what you just asked me. The government of Zimbabwe is offering to bond itself to pay back a certain amount of money in the future in exchange for you investing a certain amount of money…

View original post 648 more words

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s