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Personal Finance and Investing

gibraltar72

(7,629 posts)

3. I happened to hear Richard Wolfe on Thom Hartmann show this afternoon

Reply to progree (Original post)

Fri May 22, 2020, 05:24 PM

May 2020

He explained in a way that finally got through to me what is happening in the markets. Maybe you can find it. The reason it resonated is because I saw it happen in the classic car market. I call it the law of the bigger fool. Rethinking my positions on a lot of this stuff based on that interview. I made my living in securities and investing not giving advice but that 30 minutes made some things very clear to me. I'm thinking if there isn't help a hell of a lot of munis could go very wrong. To simplify he stated there are no long term players pushing this market. Just looking for the next mark.

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Municipal bond funds - is the risk worth the little reward? [View all] progree May 2020 OP

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Letting one particularly mismanaged one go down is a lot different than letting hundreds progree May 2020 #2

I happened to hear Richard Wolfe on Thom Hartmann show this afternoon gibraltar72 May 2020 #3

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