Ken Millstone, in the name of Stansberry Research, is quitting stocks for his children’s college accounts. Instead he is investing in something way safer with way better returns; ’Penny bonds’. I know Travis and the Mighty Thinkalator on vacation, but does anyone know what he’s talking about?
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They are promoting this very heavily, in many of their emails, new letters, and updates. I’m dead curious too!
looks like they’re recycling this:
https://www.stockgumshoe.com/reviews/true-income/penny-bonds-more-profitable-than-penny-stocks/
And I’ve been stumbling into Cannabis Convertibles every time I look at some pumped Pot stock, so maybe that’s his angle. Not spending any cycles on this though. good luck
So basically, “junk bonds” eh?