Investor YOLOs Into Bond Market, Turns $26,500 Into $1,000,000

Today’s story comes from Classics: An Investor’s Anthology, by Charles Ellis. This is a collection of articles from the likes of T. Rowe Price, Jesse Livermore, and Warren Buffett.

One story from the book is written by an investor who purchased $26,500 worth of tax-free, zero coupon municipal bonds.

Providing you with detailed insights into long-term, buy-and-hold investment opportunities.

Love podcasts or audiobooks? Learn on the go with our new app.

Recommended from Medium

Does Wife have to file bankruptcy too?

My assumption that I can handle day-trading ended in distress

Defense or offense — what’s your financial game plan?

The Scoop on ‘Buy Now, Pay Later’ Schemes

The Scoop on ‘Buy Now, Pay Later’ Schemes

No matter if you are looking to buy a new home or just planning to refinance your current mortgage…

Part 1: Life & Education Insurance Starter pack

Is Buying a Multifamily Home in Montreal a Good Investment?

Advice to New Credit Card Users

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
Sad NoCoiner

Sad NoCoiner

Providing you with detailed insights into long-term, buy-and-hold investment opportunities.

More from Medium

You Won’t Get Rich Young Because You Don’t Understand Markets

Inflation Will Destroy Your Savings — How I’m Using These Three Unorthodox Techniques To Beat It

Why I Sold My TESLA Stocks

Is S&P 500 going to burst?