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Archive Home > 2012 > October > 10 > Don’t depend on bonds

Don’t depend on bonds


October 10, 2012

I just moved here two months ago from Encinitas, Calif. I’m 67 and couldn’t afford to retire in California, nor would I want to, as California has come in last as the worst-run state in the U.S.

California, like many other states, has fallen into the trap of using bonds to....

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