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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.
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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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