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Grex > Finance > #27: Tax Lien Certificates
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eprom
Tax Lien Certificates Mark Unseen   Jan 23 09:33 UTC 2001
hmm....I just finished the book "Rich Dad, Poor Dad" which 
was a really good book IMHO.

I read in there about him investing a small protion of his money 
in something call "Tax Lien Certificates" which earns him %16,
and its reglated by the State so its suppose to be relitively
safe.

Anyone here ever done this type of investing? it sure sounds
better than %6 Bank CD's.
1 responses total.
i
response 1 of 1: Mark Unseen   Jan 25 03:09 UTC 2001
My first reaction is "too good to be true".  But when was he investing
in these 16% critters?  Bank CD's paid around 16% back when inflation
was out of control.
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