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Registered
Join Date: Apr 2001
Location: Linn County, Oregon
Posts: 48,917
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It's damned difficult to find a guaranteed return these days. Not risky and beat inflation? Good luck! Let me know if he finds something.
One choice might be TIPS...(Treasury inflation protected Bonds) They pay zilch, but interest earned is exempt from State income tax, which might be a benefit in California.
Warning..no protection against deflation here...which is also possible in this crazy economy.
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"Now, to put a water-cooled engine in the rear and to have a radiator in the front, that's not very intelligent."
-Ferry Porsche (PANO, Oct. '73) (I, Paul D. have loved this quote since 1973. It will remain as long as I post here.)
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