Posted by mjsnodgrass on December 08, 2012 at 14:09:43 from (208.70.52.115):
In Reply to: O/T Investing opinions posted by 55 50 Ron on December 08, 2012 at 11:25:04:
years ago i use to walk into the local bank and buy "bankers acceptance bonds" from the bank manager. they were like a short term loan to the bank (30-90 days). they weren't insured, but the manager told me as long as our lights are on, you are ok. they were sold in 10k increments, and were paying about 135 / month on 10k if i remember right. about all i remember from back then was that regan was president. i don't know if banks still sell them however, or what they would be paying now. good luck
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