Democratic Primaries

lapfog_1

(31,340 posts)

13. tax free muni bonds are running 3 to 3.5% APR

Thu Feb 20, 2020, 02:46 AM

Feb 2020

but Mike would have access to much more lucrative deals such as short term (days) corporate borrowing bridge loans... that are likely paying 8% (sort of like a payday loan for people, but at much more reasonable APRs).

Not saying Mike is making 7% across his entire investment portfolio (likely as not the bulk of his money is still in stock in Bloomberg, Inc.)... but if he was making a modest return... he would be making IN INTEREST many times what the other candidates make from contributors... and he does this every day, whether he did well in a debate or not.

If I were to vote in a presidential
primary today, I would vote for: Joe Biden

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The Sanders Campaign raised over $2.7million today. [View all] HerbChestnut Feb 2020 OP

Nice. CentralMass Feb 2020 #1

From who though? ecstatic Feb 2020 #2

150,000 people, apparently. HerbChestnut Feb 2020 #3

Yeah, you have the Right questions... R B Garr Feb 2020 #4

So we're now questioning where his money is coming from? billpolonsky Feb 2020 #7

I gave, as much as some think it is a fault, I think a NHC system, climate change cliffside Feb 2020 #10

Unlike some of the other candidate funding sources Voltaire2 Feb 2020 #16

oh look the guy who rants about the evils of money is raking it in hand over first. nice nt msongs Feb 2020 #5

At a whopping $18 per donation. OMG the horror! HerbChestnut Feb 2020 #8

+1 nt cliffside Feb 2020 #11

+1000 Bumperstickers Feb 2020 #15

This message was self-deleted by its author HerbChestnut Feb 2020 #6

To put this in some perspective lapfog_1 Feb 2020 #9

Being retired, would love an APR of 7% if relatively safe... cliffside Feb 2020 #12

tax free muni bonds are running 3 to 3.5% APR lapfog_1 Feb 2020 #13

Thanks and you make a good point, once someone has acquired enough wealth ... cliffside Feb 2020 #14