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September 01, 2020 1:37pm
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Are Your Bond Dividends Safe? An Easy Way to Check

“C’mon daddy.” Pause. And a sigh. “I’ll pay you back?” Ah, there it was. The fiscal responsibility we’ve been working to instill in our seven-year-old clicking in. An acknowledgement that money does not grow on trees. (Everyone knows that greenbacks only grow on the Federal Reserve’s balance sheet!) My daughter’s intentions were sweet. She had successfully lobbied to reroute the “daddy bus” to a boutique retail store. The young boss had her eyes on a toy, and offered to buy one for her sister, too. Well, I should clarify. Initially she offered me the opportunity to purchase both. Your income strategist offered a compromise: “How about you pay for your own.… Read more
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