anyone buying bills bonds?

[Mike in Horseheads]

44 minutes ago, yall said:

It's probably a decent deal. If it's 5%, when you factor in the tax relief, it's better than any CD.

 

 

I got that out of "The Buffalo News" story.  I may buy one just to say I we part of the place lol

[LabattBlue]

I am already doing my part by paying county sales tax every single day.  I’ll pass. 

[Augie]

2 minutes ago, LabattBlue said:

I am already doing my part by paying county sales tax every single day.  I’ll pass. 

 

At least with the bonds, you have something to show for it! Take what you earn on the bonds to offset your sales tax to a large degree. Voila! 

 

 

Yeah, I don’t think I’ll be lining up either, that’s not our style. We….don’t have a style. 

[co_springs_billsfan]

58 minutes ago, Mike in Horseheads said:

I got that out of "The Buffalo News" story.  I may buy one just to say I we part of the place lol

I'll just pretend I own some in a mutual fund, then I can tell everyone I'm one of the Bills' new stadium's financiers 

[Chaos]

4 hours ago, co_springs_billsfan said:

Can't find the interest rate

Most people don't understand how Bonds work.  Its not really the same thing as buying a CD or making/paying a loan.  

[WotAGuy]

Is this a better investment than them there PSLs I’m hearin’ bout?

[Arkady Renko]

Remember when that dude was trying to set up fan bonds when we were worried about having an owner who would keep the team in Buffalo?

[SectionC3]

Depends on the rate, but unlikely.  

[That's No Moon]

"You got to diversify your bonds."

-Wu-Tang Financial

[Albany,n.y.]

9 hours ago, JohnNord said:

This seems like such a grift from Erie county.  There has to be better ways to spend $5,000!!!!

Like betting it on Bills games😃

[machine gun kelly]

I’m as much a Bills fan as the rest of you guys, but investments needs to show ROI.  If there is little to no history and they can claim anything.  If County keeps this open and shows a documented history of an 8% ROI, then I would consider it.  The avg return over 100 years for the Dow and Nasdaq is 8%.

[CSBill]

Do I get season tickets with my $5000 bonds?

[Einstein]

41 minutes ago, machine gun kelly said:

I’m as much a Bills fan as the rest of you guys, but investments needs to show ROI.  If there is little to no history and they can claim anything.  If County keeps this open and shows a documented history of an 8% ROI, then I would consider it.  The avg return over 100 years for the Dow and Nasdaq is 8%.

 

With a 30% tax rate, the market return of 8% is cut to 5.6%.

[Mr. WEO]

didn't take long for Terry to put Erie County on the corner with its hat in its hand....

 

Edited August 27 by Mr. WEO

[RobbRiddick]

I wanted to own part of the new stadium so I invested my children's inheritance money and they sent me this

 

[Irv]

I only invest in things I know nothing about.  

[zevo]

2 hours ago, machine gun kelly said:

I’m as much a Bills fan as the rest of you guys, but investments needs to show ROI.  If there is little to no history and they can claim anything.  If County keeps this open and shows a documented history of an 8% ROI, then I would consider it.  The avg return over 100 years for the Dow and Nasdaq is 8%.

comparing apples to oranges my friend. 

[Maynard]

14 hours ago, HOUSE said:

Yes, I invested every cent I have.

😆

And walked away with none. 

[Dan Darragh]

15 hours ago, yall said:

It's probably a decent deal. If it's 5%, when you factor in the tax relief, it's better than any CD.

 

 

It won't be 5%, don't get your hopes up.

[boater]

16 hours ago, SoonerBillsFan said:

Warren Buffett Approves this message. 

Buffett....

 

I like Berkshire Hathaway but I won't buy it. The old codger Buffett is 93 years old. What will happen when he passes? I imagine the shares would dip in value.

 

---

 

The Bills Bond is tempting for sentimental sakes. I believe it will be AA rated. It would be my first bond investment, so I'm hesitant.