Are debentures a good investment? What is the point of investing in false teeth?
A good laugh for this morning. I suppose if one does not have any teeth an investment in false teeth would be well justified. Getting to the point though of debentures which are somewhat different from dentures. They are debt instruments with no collateral. Sort of like giving your money to someone with the promise that they will pay it back. We have all seen how that has worked so well these past few years. US government debt falls into this category.
