“The best thing I have are 5 percent bonds from 1780, denominated from $1 to $20. As far as I can tell, they are obligations from the United States of America, so I should be able to walk down to the Federal Reserve and redeem the uncanceled ones. With 217 years of accrued interest, for a $20 bond, that's about $800,000.” ShouldYearsI CanStatesAbleAmericaInterestWalksUnitedUnited StatesPercentObligationBest ThingsReservesUnited States Of AmericaFederal Reserve Author:Andrew Tobias
“There were no jobs created in America from 1945, when the war ended, through 2003. How could there be? Taxes were too high. Preposterously so under Eisenhower, Kennedy, Nixon, Reagan (who left office with a 28 percent rate on long-term capital gains) and Bush the Elder.” LongWarJobsAmericaLeftTermTaxesOfficePercentGainsRateLong TermEldersCapital Gains Author:Andrew Tobias
“What kind of bank gives back 65 percent-often less-of what you deposit? Indeed, when you compare the services of a bank and an insurance company, common sense suggests something is out of whack.” GivingKindCommonCompanyPercentCommon SenseCompareGiving BackDepositsInsurance Companies Author:Andrew Tobias
“You want 21 percent risk free? Pay off your credit cards.” WantPayRiskPercentCreditCardsCredit Card Author:Andrew Tobias
