Lol. THANK YOU EVERYONE for finally getting phaster off my back about pensions and CA muni bonds. Please carry on, I don’t give a flying f about this.
For the record, I just completely sold of my Vanguard CA bond position that I’ve had and moved it into cash + other shorter term bonds. It’s not that I feel CA bonds are in immediate danger of defaulting…It’s just that I think rates are gonna go up by next year and I think we can find better returns very soon.
