Mike in Horseheads Posted August 26 Share Posted August 26 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 Quote Link to comment Share on other sites More sharing options...
LabattBlue Posted August 27 Share Posted August 27 I am already doing my part by paying county sales tax every single day. I’ll pass. 2 Quote Link to comment Share on other sites More sharing options...
Augie Posted August 27 Share Posted August 27 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. 1 Quote Link to comment Share on other sites More sharing options...
co_springs_billsfan Posted August 27 Share Posted August 27 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 1 1 Quote Link to comment Share on other sites More sharing options...
Chaos Posted August 27 Share Posted August 27 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. Quote Link to comment Share on other sites More sharing options...
WotAGuy Posted August 27 Share Posted August 27 Is this a better investment than them there PSLs I’m hearin’ bout? Quote Link to comment Share on other sites More sharing options...
Arkady Renko Posted August 27 Share Posted August 27 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? Quote Link to comment Share on other sites More sharing options...
SectionC3 Posted August 27 Share Posted August 27 Depends on the rate, but unlikely. Quote Link to comment Share on other sites More sharing options...
That's No Moon Posted August 27 Share Posted August 27 "You got to diversify your bonds." -Wu-Tang Financial 1 Quote Link to comment Share on other sites More sharing options...
Albany,n.y. Posted August 27 Share Posted August 27 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😃 Quote Link to comment Share on other sites More sharing options...
machine gun kelly Posted August 27 Share Posted August 27 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%. Quote Link to comment Share on other sites More sharing options...
CSBill Posted August 27 Share Posted August 27 Do I get season tickets with my $5000 bonds? Quote Link to comment Share on other sites More sharing options...
Einstein Posted August 27 Share Posted August 27 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%. 2 Quote Link to comment Share on other sites More sharing options...
Mr. WEO Posted August 27 Share Posted August 27 (edited) 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 Quote Link to comment Share on other sites More sharing options...
RobbRiddick Posted August 27 Share Posted August 27 I wanted to own part of the new stadium so I invested my children's inheritance money and they sent me this 1 1 Quote Link to comment Share on other sites More sharing options...
Irv Posted August 27 Share Posted August 27 I only invest in things I know nothing about. 2 1 Quote Link to comment Share on other sites More sharing options...
zevo Posted August 27 Author Share Posted August 27 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. 1 Quote Link to comment Share on other sites More sharing options...
Maynard Posted August 27 Share Posted August 27 14 hours ago, HOUSE said: Yes, I invested every cent I have. 😆 And walked away with none. Quote Link to comment Share on other sites More sharing options...
Dan Darragh Posted August 27 Share Posted August 27 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. Quote Link to comment Share on other sites More sharing options...
boater Posted August 27 Share Posted August 27 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. Quote Link to comment Share on other sites More sharing options...
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