Reality Radio for a really great future.

We're talking real money.

As a regular listener to talking real money, you know that we have certain basic beliefs,

firm, sound, basic beliefs based on academic research, based on logic, sometimes even based on

that silly little thing called common sense. Yes, indeed we do. And some of the things are, for example,

when you're investing, you probably need to have a plan. You should diversify your investments.

You should pay as little as you can.

You should seek out people who aren't trying to sell you things,

but are truly honestly trying to help you and act in your best interest.

But one of the most powerful tenants of our program is the following.

You can't predict the future.

You can't predict it.

And most of us think we can predict it in a positive way.

But some of us,

some of us believe we can predict it in a negative fashion fashion that we can tell you which investments you should never consider buying, even if in jest, we say, oh, you could always invest in the 99-year Argentinian bond, Tom.

I got the joke is now gone. The joke is on me. The egg is on my, I feel badly for the people of Argentina, you know, I just, I, that I, that I, that I, that I, that I, that I, that I, that I, that I, that I, that I, that I, that I, that I, that, you know, that. And it's, that, you're talking about. we talking about? Well, it's a fascinating turn of events.

We're talking literally about the 2,117 bond. This bond matures in the year 2117.

Yep. A hundred year Argentinian bond. I think the yield is 7.9%.

Pretty good yield there.

But, okay, I got to ask you.

I got to turn this around a little bit because the article talks about this bond issue

versus U.S. treasuries, which would have made more?

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