Argentina, Cuba, Venezuela

“The trouble with socialism, is that eventually you run out of other people’s money.” Margaret Thatcher. The following descriptions of three nations, as they existed before socialism (communism) took charge of them. Compare them currently! The descriptions before socialism I found on the internet. Cuba “Cuba’s reputation as an exotic and permissive playground, came to […]

“Three Alternatives”

According to a major piece in the Journal for Monday, September 8th, there are “Three alternatives to U.S. Treasuries that give you safety and yield.” Below are the three with my comments and observations for each. Municipal bonds: “Triple-A-rated Munis with 10-year maturities are yielding about 3.2%.” The 3.2% yield, is assuming that the cities […]